FRTY vs. XSW ETF Comparison

Comparison of Alger Mid Cap 40 ETF (FRTY) to SPDR S&P Software & Services ETF (XSW)

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

$16.97

Average Daily Volume

34,011

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XSW

SPDR S&P Software & Services ETF

XSW Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the computer software segment of a U.S. total market composite index. In seeking to track the performance of the S&P Software & Services Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the software and services industry group of the S&P Total Stock Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$159.19

Average Daily Volume

9,897

Number of Holdings ^*

127

* may have additional holdings in another (foreign) market

Performance

Period	FRTY	XSW
30 Days	2.59%	0.94%
60 Days	4.57%	1.11%
90 Days	2.78%	7.76%
12 Months	33.79%	20.89%

10 Overlapping Holdings

Symbol	Grade	Weight in FRTY	Weight in XSW	Overlap
APP	B	2.68%	0.97%	0.97%
APPF	D	2.62%	0.69%	0.69%
CRWD	F	2.26%	0.48%	0.48%
DDOG	D	1.71%	0.66%	0.66%
HUBS	D	0.82%	0.6%	0.6%
MANH	B	3.59%	0.82%	0.82%
NCNO	D	1.15%	0.66%	0.66%
PLTR	B	1.29%	1.06%	1.06%
PTC	D	1.73%	0.7%	0.7%
RBLX	B	1.11%	0.92%	0.92%

FRTY Overweight 29 Positions Relative to XSW

Symbol	Grade	Weight
VRT	C	5.62%
HEI	B	4.71%
NTRA	B	4.34%
MU	F	3.06%
TDG	B	3.05%
CEG	C	2.79%
SPOT	B	2.72%
DKNG	D	2.68%
PSTG	F	2.64%
SHAK	C	2.64%
FANG	D	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%
MPWR	C	1.71%
ELF	F	1.6%
VLTO	C	1.59%
TECH	C	1.51%
SAIA	D	1.49%
MELI	B	1.47%
ONON	B	1.31%
GEV	B	1.24%
RRX	C	0.95%
DELL	D	0.93%
AZEK	C	0.92%

FRTY Underweight 117 Positions Relative to XSW

Symbol	Grade	Weight
AUR	C	-1.37%
ZETA	B	-1.2%
IOT	A	-1.18%
YOU	B	-1.18%
FICO	A	-0.95%
ACIW	B	-0.94%
GWRE	A	-0.91%
CVLT	B	-0.9%
INTA	B	-0.9%
BOX	B	-0.9%
QTWO	B	-0.89%
IBM	B	-0.89%
VRNS	C	-0.88%
TYL	C	-0.88%
NOW	A	-0.87%
GTLB	D	-0.87%
ACN	C	-0.87%
FTNT	C	-0.87%
WDAY	D	-0.86%
S	C	-0.86%
SMAR	B	-0.86%
CWAN	A	-0.86%
CTSH	C	-0.85%
IT	B	-0.84%
PRGS	C	-0.83%
PEGA	C	-0.83%
DXC	C	-0.83%
ORCL	B	-0.83%
DBX	D	-0.82%
ADSK	B	-0.82%
ZM	C	-0.82%
U	D	-0.82%
JAMF	D	-0.81%
IDCC	B	-0.81%
EPAM	D	-0.81%
ALKT	D	-0.81%
ADBE	D	-0.8%
NTNX	C	-0.8%
APPN	D	-0.8%
DT	C	-0.79%
AGYS	D	-0.79%
DOCU	C	-0.79%
INTU	D	-0.78%
PANW	D	-0.78%
CRM	D	-0.78%
SOUN	D	-0.78%
WULF	D	-0.78%
BLKB	B	-0.77%
BL	D	-0.77%
EA	D	-0.76%
BILL	D	-0.76%
ENV	C	-0.75%
TEAM	F	-0.74%
PATH	D	-0.74%
SWI	B	-0.73%
ASGN	D	-0.73%
PWSC	C	-0.73%
SPSC	D	-0.73%
YEXT	C	-0.73%
ROP	C	-0.72%
HCP	A	-0.72%
VERX	D	-0.72%
NNBR	F	-0.72%
PRFT	A	-0.72%
RNG	D	-0.71%
ATEN	C	-0.7%
GDYN	C	-0.7%
SEMR	C	-0.7%
TENB	D	-0.7%
ANSS	F	-0.7%
BRZE	F	-0.69%
MSFT	C	-0.69%
TTWO	D	-0.69%
BSY	D	-0.69%
ASAN	F	-0.68%
WK	D	-0.68%
INST	D	-0.68%
ETWO	C	-0.68%
DV	F	-0.67%
OSPN	B	-0.67%
OLO	D	-0.66%
ZS	F	-0.65%
QLYS	F	-0.65%
FRSH	F	-0.65%
RPD	F	-0.65%
DLB	D	-0.64%
PCOR	F	-0.64%
PLTK	C	-0.64%
KD	D	-0.64%
ZUO	D	-0.64%
NABL	D	-0.63%
ALTR	C	-0.63%
INFA	D	-0.62%
CDNS	D	-0.62%
CXM	F	-0.62%
ALRM	F	-0.62%
RAMP	F	-0.62%
MSTR	D	-0.62%
DMRC	F	-0.6%
IBUY	B	-0.6%
SNPS	D	-0.59%
TDC	F	-0.59%
PDFS	D	-0.58%
MARA	F	-0.58%
AI	F	-0.56%
SPT	F	-0.56%
MITK	F	-0.54%
CFLT	F	-0.5%
VRNT	F	-0.5%
FIVN	F	-0.48%
RIOT	F	-0.48%
PRO	F	-0.46%
ESTC	F	-0.46%
CLSK	F	-0.37%
HCKT	B	-0.32%
EGHT	F	-0.3%
AMSWA	C	-0.29%