FRTY vs. MMSC ETF Comparison

Comparison of Alger Mid Cap 40 ETF (FRTY) to First Trust Multi-Manager Small (MMSC)

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

$16.41

Average Daily Volume

12,057

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MMSC

First Trust Multi-Manager Small

MMSC Description

First Trust Multi-Manager Small is an exchange traded fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Driehaus Capital Management LLC and Stephens Investment Management Group. It invests in the public equity markets of global region. The fund invests in stocks of companies operating across diversified sectors. It invests in growth stocks of small cap companies, within the market capitalization range of the Russell 2000 Growth Index. The fund invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund employs external research to create its portfolio. First Trust Multi-Manager Small was formed on October 13, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$19.30

Average Daily Volume

12,744

Number of Holdings ^*

175

* may have additional holdings in another (foreign) market

Performance

Period	FRTY	MMSC
30 Days	1.80%	-0.15%
60 Days	1.61%	0.55%
90 Days	3.63%	0.51%
12 Months	31.13%	22.90%

11 Overlapping Holdings

Symbol	Grade	Weight in FRTY	Weight in MMSC	Overlap
APPF	B	3.1%	0.47%	0.47%
ELF	C	1.88%	0.76%	0.76%
HEI	B	4.11%	0.67%	0.67%
MANH	B	4.18%	0.96%	0.96%
NTRA	B	3.87%	1.03%	1.03%
OSCR	D	1.71%	0.41%	0.41%
PCVX	B	2.21%	1.06%	1.06%
PSTG	B	1.76%	0.45%	0.45%
SAIA	C	2.59%	0.42%	0.42%
SMCI	B	1.16%	0.85%	0.85%
VRT	C	6.09%	0.54%	0.54%

FRTY Overweight 28 Positions Relative to MMSC

Symbol	Grade	Weight
MU	C	4.25%
SHAK	D	4.07%
DKNG	F	3.21%
TDG	D	3.0%
RRX	F	2.99%
OKTA	C	2.7%
MPWR	B	2.4%
SPOT	B	2.31%
BURL	B	2.25%
GTES	D	2.16%
APO	B	1.97%
PTC	B	1.81%
EXAS	D	1.76%
CEG	B	1.72%
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	B	1.42%
SNOW	D	1.29%
CRWD	B	1.19%
PLTR	A	1.18%
SRPT	C	0.98%
OLED	A	0.95%
HCP	A	0.88%
IOVA	F	0.81%

FRTY Underweight 164 Positions Relative to MMSC

Symbol	Grade	Weight
BRBR	B	-1.93%
ONTO	B	-1.91%
CYBR	B	-1.8%
AXON	C	-1.8%
TMDX	A	-1.47%
WING	B	-1.31%
CRNX	D	-1.13%
FTI	B	-1.12%
MEG	D	-1.0%
AVAV	D	-0.9%
HQY	B	-0.85%
SPSC	B	-0.84%
SGBX	F	-0.84%
GKOS	A	-0.84%
BROS	B	-0.83%
FRPT	A	-0.81%
COHR	B	-0.8%
PLMR	C	-0.78%
KTOS	B	-0.76%
PIPR	A	-0.75%
CELH	F	-0.75%
AAON	B	-0.73%
XENE	F	-0.73%
ENV	C	-0.73%
MOD	B	-0.72%
RBC	C	-0.72%
TNDM	C	-0.71%
MNDY	A	-0.7%
RYAN	B	-0.7%
TTEK	D	-0.68%
MMS	B	-0.66%
NTNX	C	-0.66%
FCN	D	-0.66%
CVNA	B	-0.65%
HALO	B	-0.64%
KNSL	F	-0.63%
CRDO	B	-0.63%
FSS	D	-0.62%
VRNS	B	-0.61%
FN	C	-0.61%
GWRE	A	-0.61%
EZPW	D	-0.6%
MGY	B	-0.6%
EXEL	C	-0.59%
ICFI	D	-0.58%
MRUS	C	-0.58%
APG	C	-0.58%
AZEK	D	-0.58%
ACHC	F	-0.57%
KMPR	C	-0.55%
CR	C	-0.54%
CW	C	-0.54%
BPMC	A	-0.52%
SFM	B	-0.52%
DUOL	F	-0.52%
LGND	B	-0.52%
BCPC	A	-0.51%
SWN	D	-0.5%
FIX	D	-0.5%
MEDP	C	-0.5%
TREX	F	-0.49%
HCI	F	-0.48%
TROX	D	-0.48%
BFAM	C	-0.48%
WFRD	B	-0.47%
ESTC	B	-0.46%
SITE	F	-0.46%
ECPG	D	-0.46%
PRO	F	-0.46%
SUPN	F	-0.46%
UEC	D	-0.46%
ICLR	B	-0.46%
ITGR	C	-0.45%
KNF	C	-0.44%
ANF	C	-0.44%
TDW	C	-0.44%
AZTA	D	-0.44%
RGEN	F	-0.43%
MTSI	A	-0.42%
ERJ	D	-0.42%
TENB	C	-0.41%
HUBG	C	-0.41%
PZZA	F	-0.41%
GMED	B	-0.41%
LIVN	D	-0.4%
FIVE	F	-0.4%
VSEC	B	-0.4%
IRTC	C	-0.4%
TECH	D	-0.4%
VIRT	C	-0.39%
STRL	D	-0.39%
NUVL	C	-0.38%
NEOG	C	-0.37%
WHD	C	-0.36%
VECO	B	-0.36%
SKWD	D	-0.36%
CHEF	A	-0.36%
GLOB	C	-0.35%
ASPN	D	-0.35%
LNN	D	-0.35%
POWI	D	-0.34%
RVLV	F	-0.34%
CNM	D	-0.34%
EVR	A	-0.33%
HSTM	C	-0.33%
AMRC	F	-0.32%
CGNX	B	-0.32%
BMI	C	-0.32%
SMTC	C	-0.32%
IBP	D	-0.32%
ENVX	B	-0.31%
ALTR	B	-0.31%
ATI	C	-0.31%
MSA	C	-0.31%
MOG.A	C	-0.3%
PCRX	F	-0.3%
KRYS	B	-0.29%
RARE	D	-0.29%
VERX	B	-0.29%
LASR	F	-0.29%
RMBS	B	-0.29%
ASO	F	-0.28%
RPD	C	-0.28%
INTA	C	-0.28%
AIT	C	-0.27%
PSN	C	-0.27%
EME	D	-0.27%
LSCC	D	-0.26%
KFY	B	-0.26%
FIVN	D	-0.26%
MKTX	C	-0.26%
TOST	B	-0.26%
SLAB	D	-0.26%
BLFS	C	-0.25%
QLYS	D	-0.25%
ITRI	C	-0.25%
BECN	D	-0.24%
SKY	F	-0.24%
LOPE	C	-0.24%
GTLS	D	-0.23%
RBRK	C	-0.22%
EVER	C	-0.21%
WAL	B	-0.21%
RXST	D	-0.21%
SDGR	F	-0.2%
TYL	A	-0.2%
KRNT	D	-0.2%
ITCI	C	-0.2%
FWRG	F	-0.19%
AMBA	B	-0.18%
WIX	C	-0.18%
DNUT	F	-0.17%
ZWS	D	-0.17%
CUBI	B	-0.15%
PODD	C	-0.14%
GPOR	D	-0.14%
RYTM	B	-0.13%
AMKR	B	-0.13%
QNST	C	-0.12%
RXO	B	-0.12%
ESI	B	-0.09%
MAX	F	-0.09%
KYMR	D	-0.07%
INSM	A	-0.06%