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

Number of Holdings *

37

* may have additional holdings in another (foreign) market
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

Number of Holdings *

48

* may have additional holdings in another (foreign) market
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%
3 Overlapping Holdings
Symbol Grade Weight in FRTY Weight in PPA Overlap
HEI A 4.77% 1.7% 1.7%
PLTR A 2.0% 2.51% 2.0%
TDG D 2.59% 3.58% 2.59%
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%
Compare ETFs