FRTY vs. PPA ETF Comparison
Comparison of Alger Mid Cap 40 ETF (FRTY) to PowerShares Aerospace & Defense (PPA)
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
$18.78
Average Daily Volume
37,069
37
PPA
PowerShares Aerospace & Defense
PPA Description
The PowerShares Aerospace & Defense Portfolio (Fund) is based on the SPADE⢠Defense Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to identify a group of companies involved in the development, manufacturing, operations and support of US defense, homeland security and aerospace operations. The Fund and the Index are rebalanced and reconstituted quarterly.Grade (RS Rating)
Last Trade
$117.67
Average Daily Volume
247,427
48
Performance
Period | FRTY | PPA |
---|---|---|
30 Days | 5.62% | -0.94% |
60 Days | 13.65% | 5.04% |
90 Days | 16.72% | 6.77% |
12 Months | 51.82% | 37.70% |
FRTY Overweight 34 Positions Relative to PPA
Symbol | Grade | Weight | |
---|---|---|---|
NTRA | B | 4.64% | |
VLTO | D | 3.65% | |
VRT | A | 3.48% | |
RGEN | D | 3.03% | |
SPOT | A | 2.95% | |
CEG | D | 2.72% | |
FICO | A | 2.66% | |
MANH | D | 2.61% | |
SHAK | B | 2.57% | |
APP | A | 2.55% | |
MPWR | F | 2.48% | |
FANG | D | 2.43% | |
DKNG | B | 2.26% | |
FIX | A | 2.22% | |
RBLX | B | 2.17% | |
GTES | B | 2.07% | |
NCNO | B | 2.03% | |
ARES | B | 1.97% | |
BURL | C | 1.97% | |
ILMN | C | 1.91% | |
DDOG | B | 1.82% | |
SRPT | F | 1.81% | |
GWRE | B | 1.75% | |
MU | D | 1.7% | |
ONON | A | 1.57% | |
MSCI | A | 1.56% | |
S | B | 1.39% | |
PIPR | A | 1.37% | |
ZS | B | 1.31% | |
FIVE | F | 1.22% | |
PCVX | D | 1.08% | |
OWL | A | 0.95% | |
AZEK | B | 0.86% | |
COIN | A | 0.76% |
FRTY Underweight 45 Positions Relative to PPA
Symbol | Grade | Weight | |
---|---|---|---|
RTX | D | -7.14% | |
LMT | D | -6.7% | |
GE | D | -6.69% | |
BA | F | -6.54% | |
NOC | D | -5.52% | |
GD | D | -5.12% | |
HON | A | -4.51% | |
HWM | A | -4.44% | |
PH | A | -4.28% | |
LHX | B | -4.14% | |
AXON | A | -3.32% | |
ETN | A | -3.08% | |
LDOS | C | -2.34% | |
BAH | D | -2.2% | |
APH | B | -1.87% | |
TXT | D | -1.75% | |
CACI | C | -1.42% | |
CW | B | -1.41% | |
BWXT | A | -1.24% | |
HII | F | -1.09% | |
KBR | D | -1.01% | |
TDY | B | -0.91% | |
WWD | B | -0.9% | |
AVAV | C | -0.88% | |
SAIC | D | -0.83% | |
ATI | D | -0.82% | |
HXL | F | -0.68% | |
MOG.A | B | -0.68% | |
PSN | C | -0.66% | |
KEYS | C | -0.64% | |
KTOS | B | -0.53% | |
SPR | D | -0.52% | |
RKLB | B | -0.41% | |
MRCY | B | -0.36% | |
AIR | B | -0.34% | |
OSK | C | -0.29% | |
OSIS | A | -0.26% | |
B | A | -0.18% | |
TTMI | B | -0.17% | |
TGI | A | -0.17% | |
IRDM | C | -0.17% | |
CDRE | D | -0.17% | |
AI | C | -0.14% | |
DCO | A | -0.13% | |
VSAT | F | -0.13% |
FRTY: Top Represented Industries & Keywords
PPA: Top Represented Industries & Keywords