CNEQ vs. FFOG ETF Comparison

Comparison of Alger Concentrated Equity ETF (CNEQ) to Franklin Focused Growth ETF (FFOG)

CNEQ

Alger Concentrated Equity ETF

CNEQ Description

CNEQ is actively managed, investing in large-cap companies on U.S. exchanges that have a promising growth potential. At least 25% of the total assets go into related industries like software and technology hardware, semiconductors, IT services, electronic devices, retail and communication industries. The fund may invest more than 25% of total assets get invested in a single industry. A significant portion may be dedicated to enterprises within a sector, like Information Technology and Communication Services. The portfolio generally comprises no more than 30 holdings, often selling when a stock reaches its target price. The Fund also invests in cash and cash equivalents during market volatility or in the absence of viable long-term investment options. This cash holding is not expected to exceed 15% of net assets.

Grade (RS Rating)

Last Trade

$23.28

Average Daily Volume

6,397

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FFOG

Franklin Focused Growth ETF

FFOG Description

The fund invests predominantly in equity securities of companies that the investment manager believes offer compelling growth opportunities. In selecting securities, the investment manager considers many factors, including historical and potential growth in revenues and earnings, assessment of strength and quality of management, and determination of a company"s strategic positioning in its industry. The equity securities in which it invests are predominantly common stock. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.45

Average Daily Volume

24,791

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CNEQ	FFOG
30 Days	10.32%	7.33%
60 Days	18.69%	14.92%
90 Days	2.13%	-1.65%
12 Months

4 Overlapping Holdings

Symbol	Grade	Weight in CNEQ	Weight in FFOG	Overlap
AMZN	C	8.77%	8.57%	8.57%
META	A	5.75%	6.86%	5.75%
MSFT	D	14.3%	11.31%	11.31%
NVDA	B	13.14%	17.09%	13.14%

CNEQ Overweight 6 Positions Relative to FFOG

Symbol	Grade	Weight
AAPL	C	7.26%
TSM	B	3.54%
HEI	C	3.41%
APP	A	2.59%
GFL	C	2.56%
MU	D	2.38%

CNEQ Underweight 6 Positions Relative to FFOG

Symbol	Grade	Weight
COST	C	-5.18%
NOW	B	-4.35%
GOOGL	B	-4.27%
MA	A	-4.05%
ASML	F	-3.85%
LLY	D	-3.7%