ADPV vs. FRTY ETF Comparison

Comparison of Adaptiv Select ETF (ADPV) to Alger Mid Cap 40 ETF (FRTY)

ADPV

Adaptiv Select ETF

ADPV Description

To achieve its investment objective of long-term capital appreciation, the fund will invest substantially all of its net assets in a portfolio of publicly-listed equity securities of U.S. large capitalization companies during broad U.S. equity market uptrends. The fund will primarily own common stocks, but may also invest in equity securities of REITS to the extent such REITS are among the 1,000 largest capitalized U.S.-listed stocks. It is non-diversified.

Grade (RS Rating)

Last Trade

$37.08

Average Daily Volume

6,571

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$19.74

Average Daily Volume

42,343

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ADPV	FRTY
30 Days	12.84%	12.12%
60 Days	16.03%	15.85%
90 Days	16.61%	20.95%
12 Months	57.68%	56.23%

4 Overlapping Holdings

Symbol	Grade	Weight in ADPV	Weight in FRTY	Overlap
APP	B	6.12%	2.55%	2.55%
GTES	A	2.29%	2.07%	2.07%
OWL	A	3.14%	0.95%	0.95%
PLTR	B	7.92%	2.0%	2.0%

ADPV Overweight 21 Positions Relative to FRTY

Symbol	Grade	Weight
HOOD	B	5.75%
PPC	C	5.68%
HBAN	A	5.31%
T	A	4.74%
VIRT	A	4.7%
AMCR	C	4.61%
KEY	B	4.53%
NU	C	4.23%
KMI	A	3.92%
MDU	D	3.65%
RF	A	3.54%
MTG	C	3.43%
VST	A	3.39%
TOST	B	3.29%
CRBG	B	3.28%
CPNG	D	3.22%
HIW	C	3.07%
AM	A	2.76%
VKTX	F	2.72%
EXEL	B	1.94%
HAYW	B	1.84%

ADPV Underweight 33 Positions Relative to FRTY

Symbol	Grade	Weight
HEI	A	-4.77%
NTRA	A	-4.64%
VLTO	C	-3.65%
VRT	B	-3.48%
RGEN	D	-3.03%
SPOT	B	-2.95%
CEG	C	-2.72%
FICO	B	-2.66%
MANH	D	-2.61%
TDG	D	-2.59%
SHAK	C	-2.57%
MPWR	F	-2.48%
FANG	C	-2.43%
DKNG	B	-2.26%
FIX	A	-2.22%
RBLX	C	-2.17%
NCNO	C	-2.03%
ARES	A	-1.97%
BURL	B	-1.97%
ILMN	C	-1.91%
DDOG	A	-1.82%
SRPT	F	-1.81%
GWRE	A	-1.75%
MU	D	-1.7%
ONON	A	-1.57%
MSCI	C	-1.56%
S	B	-1.39%
PIPR	A	-1.37%
ZS	B	-1.31%
FIVE	F	-1.22%
PCVX	D	-1.08%
AZEK	A	-0.86%
COIN	C	-0.76%