FRTY vs. ARKX ETF Comparison

Comparison of Alger Mid Cap 40 ETF (FRTY) to ARK Space Exploration & Innovation ETF (ARKX)

FRTY

Alger Mid Cap 40 ETF

FRTY Description

The investment seeks long-term capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets in equity securities of mid-cap companies. Equity securities include common or preferred stocks that are listed on U.S. exchanges. It may invest a significant portion of its assets in the securities of companies conducting business in the information technology and healthcare sectors. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$16.25

Average Daily Volume

11,916

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ARKX

ARK Space Exploration & Innovation ETF

ARKX Description

The ARK Space Exploration & Innovation ETF’s (“Fund”) investment objective is long-term growth of capital. ARKX is an actively-managed exchange-traded fund (“ETF”) that will invest under normal circumstances primarily (at least 80% of its assets) in domestic and foreign equity securities of companies that are engaged in the Fund’s investment theme of Space Exploration and innovation. The Adviser defines “Space Exploration” as leading, enabling, or benefitting from technologically enabled products and/or services that occur beyond the surface of the Earth. Orbital Aerospace Companies are companies that launch, make, service, or operate platforms in the orbital space, including satellites and launch vehicles. Suborbital Aerospace Companies are companies that launch, make, service, or operate platforms in the suborbital space, but do not reach a velocity needed to remain in orbit around a planet. Enabling Technologies Companies are companies that develop technologies used by Space Exploration related companies for successful value-add aerospace operations. These operations include artificial intelligence, robotics, 3D printing, materials and energy storage. Aerospace Beneficiary Companies are companies whose operations stand to benefit from aerospace activities, including agriculture, internet access, global positioning system (GPS), construction, imaging, drones, air taxis and electric aviation vehicles.

Grade (RS Rating)

Last Trade

$15.08

Average Daily Volume

68,631

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FRTY	ARKX
30 Days	1.88%	-0.07%
60 Days	2.89%	0.80%
90 Days	3.91%	4.22%
12 Months	26.23%	-0.53%

2 Overlapping Holdings

	Symbol	Grade	Weight in FRTY	Weight in ARKX	Overlap
	HEI	A	4.11%	1.58%	1.58%
	PLTR	B	1.18%	2.07%	1.18%

FRTY Overweight 37 Positions Relative to ARKX

Symbol	Grade	Weight
VRT	C	6.09%
MU	C	4.25%
MANH	B	4.18%
SHAK	D	4.07%
NTRA	B	3.87%
DKNG	F	3.21%
APPF	B	3.1%
TDG	D	3.0%
RRX	F	2.99%
OKTA	C	2.7%
SAIA	B	2.59%
MPWR	A	2.4%
SPOT	B	2.31%
BURL	B	2.25%
PCVX	B	2.21%
GTES	D	2.16%
APO	A	1.97%
ELF	C	1.88%
PTC	B	1.81%
EXAS	F	1.76%
PSTG	C	1.76%
CEG	C	1.72%
OSCR	D	1.71%
RBLX	B	1.7%
DDOG	B	1.64%
TWLO	D	1.61%
SWAV	A	1.55%
VLTO	D	1.49%
ONON	C	1.43%
MELI	D	1.42%
SNOW	D	1.29%
CRWD	A	1.19%
SMCI	C	1.16%
SRPT	C	0.98%
OLED	A	0.95%
HCP	A	0.88%
IOVA	F	0.81%

FRTY Underweight 25 Positions Relative to ARKX

Symbol	Grade	Weight
KTOS	B	-9.14%
AVAV	D	-8.75%
IRDM	F	-7.84%
TER	A	-7.39%
TRMB	D	-6.74%
LHX	A	-5.61%
AMZN	A	-3.79%
RKLB	C	-3.29%
ACHR	C	-2.87%
DE	F	-2.75%
PRNT	D	-2.75%
BLDE	B	-2.74%
GRMN	C	-2.64%
GOOG	A	-2.26%
JOBY	D	-2.07%
PATH	F	-1.77%
HON	B	-1.6%
SNPS	B	-1.6%
LMT	B	-1.42%
TDY	D	-1.33%
ANSS	C	-1.15%
MYNA	F	-0.88%
U	F	-0.74%
OSPN	C	-0.52%
DDD	F	-0.46%