FRTY vs. LRNZ ETF Comparison
Comparison of Alger Mid Cap 40 ETF (FRTY) to TrueMark Technology, AI & Deep Learning ETF (LRNZ)
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
$16.53
Average Daily Volume
29,881
39
LRNZ
TrueMark Technology, AI & Deep Learning ETF
LRNZ Description
LRNZ seeks to provide total return by investing in an actively managed, concentrated portfolio of companies that are significantly involved in the application of high levels of artificial intelligence. Intends to serve as a more focused alpha seeking solution to complement traditional technology-based indices Targets companies with leading-edge artificial intelligence, machine learning, or deep learning technology platforms, algorithms, or applications that we believe may provide distinct competitive advantages in an industry historically characterized by a winner-take-all consolidation behavior. Portfolio construction begins with a multi-cap investment universe comprised of secular growth companies, cyclical growth companies, and newly public companies. Actively managed by highly credentialed artificial intelligence specialist with deep field experience and robust Silicon Valley network.Grade (RS Rating)
Last Trade
$37.20
Average Daily Volume
9,117
19
Performance
| Period | FRTY | LRNZ |
|---|---|---|
| 30 Days | 2.70% | -0.88% |
| 60 Days | 4.34% | -2.57% |
| 90 Days | -0.15% | -4.05% |
| 12 Months | 31.67% | 20.42% |
FRTY Overweight 37 Positions Relative to LRNZ
| Symbol | Grade | Weight | |
|---|---|---|---|
| VRT | C | 5.62% | |
| HEI | A | 4.71% | |
| NTRA | B | 4.34% | |
| MANH | A | 3.59% | |
| MU | F | 3.06% | |
| TDG | B | 3.05% | |
| CEG | C | 2.79% | |
| SPOT | C | 2.72% | |
| APP | B | 2.68% | |
| DKNG | D | 2.68% | |
| PSTG | D | 2.64% | |
| SHAK | C | 2.64% | |
| APPF | D | 2.62% | |
| FANG | F | 2.51% | |
| PCVX | B | 2.43% | |
| GTES | C | 2.43% | |
| BURL | B | 2.3% | |
| SRPT | F | 2.12% | |
| APO | C | 2.06% | |
| FIX | B | 1.85% | |
| PODD | B | 1.78% | |
| PTC | D | 1.73% | |
| MPWR | C | 1.71% | |
| ELF | F | 1.6% | |
| VLTO | B | 1.59% | |
| TECH | D | 1.51% | |
| SAIA | D | 1.49% | |
| MELI | B | 1.47% | |
| ONON | A | 1.31% | |
| PLTR | B | 1.29% | |
| GEV | B | 1.24% | |
| NCNO | F | 1.15% | |
| RBLX | B | 1.11% | |
| RRX | C | 0.95% | |
| DELL | D | 0.93% | |
| AZEK | C | 0.92% | |
| HUBS | D | 0.82% |
FRTY: Top Represented Industries & Keywords
LRNZ: Top Represented Industries & Keywords
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