FRTY vs. FXL ETF Comparison

Comparison of Alger Mid Cap 40 ETF (FRTY) to First Trust Technology AlphaDEX (FXL)

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

$16.16

Average Daily Volume

9,255

Number of Holdings ^*

39

* may have additional holdings in another (foreign) market

FXL

First Trust Technology AlphaDEX

FXL Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Technology Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the technology sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$134.96

Average Daily Volume

25,834

Number of Holdings ^*

94

* may have additional holdings in another (foreign) market

Performance

Period	FRTY	FXL
30 Days	5.78%	6.59%
60 Days	3.27%	2.16%
90 Days	-2.21%	-0.43%
12 Months	31.34%	30.61%

12 Overlapping Holdings

	Symbol	Grade	Weight in FRTY	Weight in FXL	Overlap
	CRWD	C	2.24%	1.77%	1.77%
	DDOG	B	1.75%	1.03%	1.03%
	MANH	C	4.24%	1.24%	1.24%
	MPWR	B	2.55%	0.36%	0.36%
	OKTA	D	2.77%	1.01%	1.01%
	OLED	D	0.99%	0.36%	0.36%
	PINS	B	1.69%	0.42%	0.42%
	PLTR	A	1.08%	1.36%	1.08%
	PSTG	C	0.63%	1.86%	0.63%
	PTC	B	1.75%	1.02%	1.02%
	S	D	1.64%	0.65%	0.65%
	VRT	B	5.22%	2.16%	2.16%

FRTY Overweight 27 Positions Relative to FXL

	Symbol	Grade	Weight
	HEI	C	4.16%
	SHAK	C	4.16%
	NTRA	F	4.04%
	DKNG	B	3.06%
	APPF	C	3.04%
	BURL	D	3.03%
	TDG	A	2.88%
	RRX	B	2.85%
	CABA	B	2.83%
	MU	B	2.64%
	SAIA	B	2.55%
	PCVX	D	2.39%
	SPOT	D	2.24%
	OSCR	F	2.06%
	ELF	B	2.0%
	SMCI	B	1.94%
	MDGL	F	1.63%
	MELI	D	1.51%
	SNOW	C	1.5%
	RBLX	D	1.46%
	APO	A	1.44%
	IRTC	F	1.33%
	VLTO	B	1.26%
	NVR	C	1.23%
	SQ	C	1.04%
	SRPT	F	0.97%
	FOUR	B	0.95%

FRTY Underweight 82 Positions Relative to FXL

	Symbol	Grade	Weight
	TOST	D	-1.95%
	NTNX	B	-1.94%
	APP	C	-1.93%
	AVT	B	-1.91%
	IAC	C	-1.87%
	GFS	B	-1.82%
	NVDA	B	-1.81%
	IPGP	B	-1.78%
	ARW	B	-1.78%
	META	B	-1.76%
	HPE	B	-1.75%
	ON	B	-1.74%
	CNXC	F	-1.67%
	CTSH	C	-1.67%
	GDDY	B	-1.6%
	SWKS	B	-1.56%
	SNX	B	-1.55%
	NTAP	C	-1.51%
	SAIC	A	-1.48%
	DASH	A	-1.48%
	DNB	D	-1.46%
	AVGO	C	-1.45%
	AMAT	A	-1.45%
	DOX	D	-1.38%
	NOW	B	-1.37%
	PEGA	C	-1.37%
	DXC	C	-1.36%
	ENTG	B	-1.34%
	CRM	C	-1.34%
	INFA	C	-1.25%
	CACI	A	-1.21%
	PCOR	A	-1.2%
	CRUS	D	-1.2%
	MCHP	A	-1.11%
	KLAC	A	-1.11%
	NET	C	-1.08%
	HPQ	B	-1.06%
	MSFT	C	-1.06%
	SSNC	D	-1.06%
	SNPS	C	-1.05%
	AKAM	B	-1.02%
	LRCX	A	-1.02%
	HUBS	A	-1.02%
	ORCL	C	-1.01%
	IT	C	-0.99%
	FFIV	B	-0.98%
	CDNS	C	-0.98%
	AMD	D	-0.92%
	GOOGL	A	-0.81%
	APH	B	-0.79%
	QCOM	C	-0.77%
	KBR	D	-0.76%
	TXN	C	-0.76%
	ADI	A	-0.75%
	CFLT	C	-0.74%
	GLW	B	-0.74%
	RNG	C	-0.72%
	INTU	A	-0.7%
	DBX	C	-0.69%
	ZM	C	-0.68%
	GTLB	D	-0.66%
	JBL	C	-0.63%
	CDW	C	-0.62%
	NCNO	C	-0.6%
	MTCH	C	-0.59%
	INTC	B	-0.49%
	HCP	D	-0.42%
	PANW	B	-0.37%
	TER	C	-0.37%
	ESTC	D	-0.36%
	MDB	B	-0.34%
	DLB	C	-0.34%
	DOCU	D	-0.33%
	ROP	A	-0.32%
	VRSN	D	-0.31%
	IBM	B	-0.31%
	WDAY	A	-0.31%
	FTNT	C	-0.3%
	PATH	C	-0.3%
	ZS	C	-0.3%
	ADSK	C	-0.28%
	DV	A	-0.18%

FRTY: Top Represented Industries & Keywords

Industries: Software - Application Biotechnology Software - Infrastructure Aerospace & Defense Internet Content & Information Asset Management Computer Hardware Conglomerates Data Storage Diagnostics & Research Discount Stores Diversified Industrials Electronic Gaming & Multimedia Gambling Healthcare Plans Household & Personal Products Medical Instruments & Supplies Pollution & Treatment Controls Residential Construction Restaurants

Keywords: Computing S&P 500 Nasdaq 100 Cloud Computing Electronics IBD 50 Lifecycle Management Biotechnology Computer Security E Commerce Flash Big Data Biopharmaceutical Business Intelligence Camera Cloud Infrastructure Computer Data Storage Cybersecurity Data Center Digital Media

FXL: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Information Technology Services Internet Content & Information Semiconductor Equipment & Materials Data Storage Electronic Components Telecom Services Business Services Communication Equipment Computer Systems Conglomerates Contract Manufacturers Diversified Industrials Electronics & Computer Distribution Electronics Distribution Engineering & Construction Internet Content & Information Media - Diversified

Keywords: S&P 500 Computing Nasdaq 100 Semiconductor Cloud Computing Integrated Circuits Work From Home Cloud Infrastructure Electronics Software As A Service Mobile Devices Operating System Smartphones Software CRM Information And Communications Technology Information Technology Management Systems Integrator Artificial Intelligence Business Intelligence