FRTY vs. BIS ETF Comparison
Comparison of Alger Mid Cap 40 ETF (FRTY) to ProShares UltraShort Nasdaq Biotechnology (BIS)
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
$17.33
Average Daily Volume
36,897
38
BIS
ProShares UltraShort Nasdaq Biotechnology
BIS Description
The investment seeks daily investment results that correspond to two times the inverse (-2x) of the daily performance of the Nasdaq Biotechnology Index®. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index is a modified capitalization weighted index that includes securities of NASDAQ listed companies that are classified as either biotechnology or pharmaceutical according to the Industry Classification Benchmark ("ICB") which also meet other eligibility criteria determined by NASDAQ. It is non-diversified.Grade (RS Rating)
Last Trade
$15.54
Average Daily Volume
13,954
73
Performance
| Period | FRTY | BIS |
|---|---|---|
| 30 Days | 0.76% | 1.97% |
| 60 Days | 6.69% | 8.40% |
| 90 Days | 13.91% | 1.66% |
| 12 Months | 48.41% | -33.52% |
FRTY Overweight 35 Positions Relative to BIS
| Symbol | Grade | Weight | |
|---|---|---|---|
| HEI | D | 5.05% | |
| VRT | B | 4.23% | |
| NTRA | B | 3.61% | |
| TDG | C | 3.06% | |
| SPOT | A | 2.98% | |
| CEG | B | 2.65% | |
| DKNG | F | 2.6% | |
| MU | C | 2.56% | |
| RGEN | D | 2.54% | |
| FANG | F | 2.54% | |
| VLTO | D | 2.52% | |
| BURL | D | 2.5% | |
| APP | B | 2.49% | |
| PSTG | D | 2.47% | |
| NCNO | B | 2.42% | |
| PLTR | B | 2.41% | |
| MPWR | F | 2.32% | |
| SHAK | A | 2.29% | |
| PODD | A | 2.26% | |
| MANH | D | 2.25% | |
| FIX | B | 2.12% | |
| RBLX | A | 2.07% | |
| ARES | B | 2.07% | |
| FICO | B | 2.05% | |
| AZEK | C | 1.99% | |
| GTES | A | 1.94% | |
| S | B | 1.82% | |
| PCVX | C | 1.76% | |
| DDOG | B | 1.54% | |
| MSCI | C | 1.48% | |
| ONON | D | 1.4% | |
| PIPR | B | 1.17% | |
| COIN | C | 0.95% | |
| DELL | A | 0.77% | |
| OWL | B | 0.49% |
FRTY Underweight 70 Positions Relative to BIS
| Symbol | Grade | Weight | |
|---|---|---|---|
| AMGN | C | -8.14% | |
| GILD | A | -7.41% | |
| VRTX | D | -7.21% | |
| BIIB | F | -6.12% | |
| REGN | F | -4.13% | |
| INCY | A | -2.09% | |
| BMRN | F | -1.91% | |
| ALNY | C | -1.6% | |
| VTRS | B | -1.35% | |
| SNY | D | -1.29% | |
| NBIX | C | -1.16% | |
| NVCR | F | -1.1% | |
| JAZZ | D | -1.03% | |
| IONS | F | -1.02% | |
| GH | D | -0.96% | |
| AMRN | F | -0.85% | |
| MRNA | F | -0.83% | |
| BGNE | C | -0.83% | |
| ACAD | F | -0.81% | |
| ASND | F | -0.77% | |
| EXEL | A | -0.73% | |
| ARWR | F | -0.65% | |
| BLUE | F | -0.65% | |
| BBIO | D | -0.51% | |
| ALLK | B | -0.49% | |
| UTHR | A | -0.49% | |
| NKTR | C | -0.48% | |
| SAGE | F | -0.48% | |
| BPMC | C | -0.48% | |
| FGEN | F | -0.47% | |
| AGIO | B | -0.43% | |
| CRSP | C | -0.42% | |
| RARE | D | -0.42% | |
| ADPT | A | -0.42% | |
| MEDP | F | -0.4% | |
| PTCT | B | -0.4% | |
| ARGX | A | -0.4% | |
| AXSM | C | -0.38% | |
| ALLO | D | -0.37% | |
| GRFS | B | -0.36% | |
| IOVA | B | -0.36% | |
| ALKS | F | -0.36% | |
| KOD | B | -0.35% | |
| HALO | B | -0.35% | |
| QURE | B | -0.35% | |
| FOLD | B | -0.32% | |
| APLS | F | -0.31% | |
| XNCR | A | -0.26% | |
| MYGN | F | -0.26% | |
| DNLI | C | -0.26% | |
| ZLAB | B | -0.24% | |
| IRWD | F | -0.24% | |
| ARVN | C | -0.24% | |
| INSM | D | -0.23% | |
| FATE | F | -0.23% | |
| PCRX | C | -0.22% | |
| GLPG | F | -0.22% | |
| ITCI | A | -0.21% | |
| RGNX | F | -0.21% | |
| ESPR | C | -0.19% | |
| EDIT | F | -0.19% | |
| LGND | A | -0.19% | |
| INVA | C | -0.18% | |
| VCYT | A | -0.18% | |
| ALEC | D | -0.18% | |
| TBPH | C | -0.17% | |
| YMAB | A | -0.16% | |
| CHRS | F | -0.16% | |
| HCM | C | -0.15% | |
| SUPN | B | -0.15% |
FRTY: Top Represented Industries & Keywords
BIS: Top Represented Industries & Keywords
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