FRTY vs. PDP ETF Comparison

Comparison of Alger Mid Cap 40 ETF (FRTY) to PowerShares DWA Technical Leaders Portfolio (PDP)

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

$17.11

Average Daily Volume

36,058

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PDP

PowerShares DWA Technical Leaders Portfolio

PDP Description

The PowerShares DWA Momentum Portfolio (Fund) is based on the Dorsey Wright Technical Leaders™ Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index and ADRs based on the securities in the Index. The Index includes approximately 100 US-listed companies from a broad mid- and large-capitalization universe. The Index is constructed pursuant to Dorsey, Wright & Associates, LLC's proprietary methodology, which takes into account, among other factors, the performance of each of the 3,000 largest US-listed companies as compared to a benchmark index, and the relative performance of industry sectors and sub-sectors. The Fund and the Index are rebalanced and reconstituted quarterly. Effective on or about Oct. 4, 2013, the name of the Fund changed from PowerShares DWA Technical Leaders Portfolio to PowerShares DWA Momentum Portfolio.

Grade (RS Rating)

Last Trade

$102.88

Average Daily Volume

15,707

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FRTY	PDP
30 Days	5.31%	1.78%
60 Days	12.43%	9.87%
90 Days	5.28%	4.18%
12 Months	41.64%	34.64%

11 Overlapping Holdings

Symbol	Grade	Weight in FRTY	Weight in PDP	Overlap
APO	A	2.06%	0.69%	0.69%
APP	B	2.68%	2.2%	2.2%
CEG	B	2.79%	1.08%	1.08%
CRWD	D	2.26%	0.44%	0.44%
ELF	F	1.6%	1.18%	1.18%
FANG	F	2.51%	1.07%	1.07%
FIX	B	1.85%	1.51%	1.51%
NTRA	B	4.34%	0.56%	0.56%
PSTG	F	2.64%	0.46%	0.46%
PTC	D	1.73%	0.51%	0.51%
TDG	A	3.05%	2.51%	2.51%

FRTY Overweight 28 Positions Relative to PDP

Symbol	Grade	Weight
VRT	B	5.62%
HEI	C	4.71%
MANH	C	3.59%
MU	D	3.06%
SPOT	B	2.72%
DKNG	D	2.68%
SHAK	C	2.64%
APPF	C	2.62%
PCVX	B	2.43%
GTES	C	2.43%
BURL	D	2.3%
SRPT	F	2.12%
PODD	C	1.78%
DDOG	D	1.71%
MPWR	C	1.71%
VLTO	C	1.59%
TECH	B	1.51%
SAIA	D	1.49%
MELI	C	1.47%
ONON	C	1.31%
PLTR	C	1.29%
GEV	A	1.24%
NCNO	D	1.15%
RBLX	C	1.11%
RRX	C	0.95%
DELL	D	0.93%
AZEK	B	0.92%
HUBS	D	0.82%

FRTY Underweight 88 Positions Relative to PDP

Symbol	Grade	Weight
MA	A	-2.99%
TRGP	C	-2.77%
NVDA	C	-2.65%
WRB	B	-2.59%
CPRT	B	-2.44%
CDNS	D	-2.24%
GWW	A	-2.23%
ROP	C	-2.23%
TT	A	-1.82%
COST	C	-1.7%
CTAS	C	-1.66%
MEDP	F	-1.58%
SNPS	F	-1.52%
NVR	A	-1.47%
LLY	D	-1.45%
ENTG	D	-1.39%
KLAC	D	-1.39%
PWR	B	-1.31%
CMG	C	-1.28%
TJX	C	-1.22%
THC	C	-1.12%
V	C	-1.06%
AVGO	C	-1.06%
AMAT	D	-1.05%
URI	B	-1.02%
MTSI	C	-0.96%
ARES	B	-0.96%
HWM	A	-0.94%
DECK	C	-0.93%
FICO	C	-0.93%
ANET	B	-0.91%
BAH	A	-0.9%
ONTO	C	-0.89%
META	A	-0.86%
WING	B	-0.86%
ISRG	C	-0.84%
MSFT	C	-0.84%
ORCL	C	-0.83%
KKR	C	-0.8%
WFRD	F	-0.79%
RCL	C	-0.79%
COKE	B	-0.76%
CSL	A	-0.76%
ENSG	D	-0.75%
TTEK	B	-0.73%
AXON	A	-0.72%
CDW	D	-0.72%
IRM	B	-0.69%
EVR	C	-0.69%
CLH	C	-0.69%
AIT	A	-0.67%
PSN	A	-0.66%
NFLX	C	-0.66%
PRI	A	-0.65%
AJG	D	-0.65%
GOOGL	C	-0.64%
HLI	B	-0.64%
BRO	A	-0.64%
TOL	A	-0.64%
PHM	A	-0.64%
HRB	C	-0.64%
MAS	A	-0.62%
USFD	C	-0.62%
PH	B	-0.62%
NSIT	C	-0.61%
APG	F	-0.6%
HUBB	A	-0.6%
MUSA	D	-0.6%
FCNCA	D	-0.59%
ACGL	A	-0.58%
MMC	D	-0.56%
FLR	D	-0.56%
TXRH	B	-0.56%
LDOS	A	-0.55%
IR	B	-0.53%
OC	B	-0.53%
ETN	C	-0.53%
HOOD	C	-0.52%
AME	D	-0.52%
KBR	D	-0.51%
BJ	D	-0.51%
WLK	B	-0.5%
WSM	C	-0.5%
BLD	C	-0.49%
MCK	F	-0.47%
CROX	C	-0.47%
GAP	F	-0.45%
LRCX	F	-0.37%