BTEC vs. FRTY ETF Comparison

Comparison of Principal Healthcare Innovators Index ETF (BTEC) to Alger Mid Cap 40 ETF (FRTY)

BTEC

Principal Healthcare Innovators Index ETF

BTEC Description

The investment seeks to provide investment results that closely correspond, before expenses, to the performance of the Nasdaq Healthcare Innovators Index (the "index"). Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies that compose the index at the time of purchase. The index uses a quantitative model designed to identify equity securities in the Nasdaq US Benchmark Index (including growth and value stock) that are small and medium capitalization U.S. healthcare companies.

Grade (RS Rating)

Last Trade

$36.90

Average Daily Volume

11,999

Number of Holdings ^*

242

* 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

$16.19

Average Daily Volume

11,718

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BTEC	FRTY
30 Days	2.85%	-0.71%
60 Days	7.59%	2.88%
90 Days	-2.96%	1.78%
12 Months	3.46%	31.53%

5 Overlapping Holdings

Symbol	Grade	Weight in BTEC	Weight in FRTY	Overlap
EXAS	F	1.69%	1.76%	1.69%
IOVA	D	0.5%	0.81%	0.5%
NTRA	B	2.89%	3.87%	2.89%
PCVX	B	1.73%	2.21%	1.73%
SRPT	B	2.44%	0.98%	0.98%

BTEC Overweight 237 Positions Relative to FRTY

Symbol	Grade	Weight
MRNA	C	4.13%
ALNY	A	3.38%
ILMN	D	2.6%
CTLT	B	2.21%
INSM	A	2.19%
ELAN	B	1.99%
CERE	D	1.68%
ITCI	B	1.62%
BPMC	B	1.46%
RVMD	B	1.38%
IONS	B	1.32%
SMMT	B	1.27%
GKOS	B	1.25%
MDGL	B	1.24%
VKTX	D	1.22%
CYTK	F	1.18%
BBIO	F	1.13%
TMDX	B	1.1%
INSP	F	1.08%
APLS	F	1.07%
NUVL	B	1.03%
IMVT	D	0.85%
AXSM	B	0.81%
CRNX	D	0.78%
PRCT	C	0.73%
RNA	B	0.72%
AZTA	C	0.71%
RARE	F	0.7%
IRTC	C	0.69%
TWST	C	0.68%
DNLI	B	0.66%
ARWR	C	0.66%
ICUI	C	0.66%
TNDM	C	0.65%
FOLD	D	0.65%
ACLX	C	0.64%
IDYA	D	0.63%
PTCT	C	0.63%
DYN	B	0.62%
NARI	C	0.61%
TGTX	B	0.6%
SWTX	F	0.6%
RYTM	B	0.58%
GERN	C	0.58%
ADMA	B	0.58%
AGIO	B	0.57%
NTLA	C	0.55%
ENOV	F	0.55%
CLDX	C	0.52%
CGON	F	0.52%
MYGN	B	0.51%
NVAX	C	0.51%
NVCR	C	0.5%
RXST	D	0.5%
VCEL	C	0.49%
JANX	D	0.49%
RXRX	C	0.48%
TXG	F	0.47%
VERA	D	0.46%
KYMR	D	0.45%
PTGX	C	0.45%
RCKT	C	0.44%
BEAM	C	0.44%
ARVN	F	0.39%
KROS	F	0.38%
SNDX	D	0.38%
VCYT	C	0.37%
EWTX	C	0.35%
KURA	C	0.35%
AKRO	C	0.35%
RCUS	D	0.34%
MIRM	B	0.33%
ATEC	F	0.33%
ARDX	F	0.32%
MORF	C	0.31%
BCRX	C	0.3%
SANA	F	0.29%
XNCR	F	0.28%
VIR	F	0.28%
SILK	B	0.27%
DAWN	D	0.27%
FDMT	D	0.26%
PRTA	F	0.25%
IRON	C	0.25%
ATRC	F	0.24%
TARS	D	0.24%
COGT	C	0.23%
LQDA	D	0.23%
NRIX	B	0.23%
AVNS	F	0.22%
MRVI	F	0.22%
RLAY	D	0.22%
TYRA	C	0.22%
ARQT	C	0.22%
BLFS	B	0.22%
HUMA	C	0.21%
SAVA	F	0.21%
ELVN	C	0.21%
AUPH	C	0.2%
PRME	D	0.19%
ETNB	F	0.19%
SPRY	D	0.19%
OCUL	C	0.19%
CDNA	B	0.19%
WVE	D	0.18%
KIDS	F	0.18%
CTKB	F	0.18%
PHAT	C	0.18%
KNSA	C	0.18%
CGEM	D	0.18%
VRDN	D	0.18%
SRDX	A	0.17%
ARCT	F	0.17%
PLSE	C	0.17%
HROW	B	0.17%
OLMA	C	0.17%
SAGE	F	0.16%
URGN	B	0.16%
HLVX	D	0.16%
NUVB	C	0.16%
PLRX	F	0.16%
ANAB	B	0.16%
LBPH	B	0.16%
EOLS	F	0.16%
RGNX	F	0.15%
HRTX	C	0.15%
PEPG	C	0.15%
ITOS	C	0.15%
ABUS	C	0.15%
MLYS	D	0.15%
SRRK	F	0.15%
SVRA	F	0.14%
TRDA	C	0.14%
EBS	B	0.14%
LRMR	C	0.14%
LYEL	F	0.14%
TVTX	C	0.14%
THRD	C	0.14%
REPL	C	0.13%
OABI	F	0.13%
QTRX	F	0.13%
OFIX	D	0.13%
KALV	C	0.13%
SIBN	F	0.13%
YMAB	D	0.13%
CDMO	F	0.13%
TERN	C	0.13%
TBPH	F	0.12%
PGEN	B	0.12%
CYRX	F	0.12%
ZIMV	C	0.12%
SIGA	C	0.12%
ORIC	F	0.12%
VYGR	D	0.12%
ADPT	C	0.12%
ANNX	C	0.11%
PACB	F	0.11%
ALEC	F	0.11%
EDIT	F	0.11%
ANIK	C	0.11%
LXRX	C	0.11%
FNA	F	0.11%
ERAS	F	0.1%
ALLO	F	0.1%
VERV	F	0.1%
CELC	C	0.1%
CABA	F	0.1%
AURA	F	0.1%
EYPT	F	0.1%
FATE	F	0.09%
NVRO	F	0.09%
OM	C	0.09%
OMER	C	0.09%
AVXL	D	0.09%
CERS	F	0.09%
AXGN	C	0.09%
ALXO	F	0.09%
XERS	C	0.09%
TMCI	F	0.09%
NKTX	F	0.09%
ATNM	D	0.08%
ANGO	F	0.08%
ALDX	F	0.08%
MGTX	F	0.08%
PSTX	D	0.08%
RVNC	F	0.08%
CRMD	D	0.08%
ALT	C	0.08%
INGN	D	0.07%
MRSN	F	0.07%
LUNG	F	0.07%
CVRX	D	0.07%
ZNTL	F	0.07%
TNYA	F	0.07%
ENTA	D	0.07%
IGMS	F	0.07%
INZY	F	0.07%
XFOR	D	0.06%
FENC	F	0.06%
STRO	F	0.06%
BFLY	C	0.06%
ARAY	F	0.06%
BLUE	F	0.06%
CHRS	F	0.06%
RCEL	F	0.06%
MGNX	F	0.06%
TSVT	F	0.06%
CDXS	D	0.06%
PMVP	F	0.05%
BMEA	F	0.05%
ALLK	F	0.05%
VTYX	F	0.05%
MCRB	F	0.05%
RIGL	F	0.05%
QSI	F	0.05%
SCPH	F	0.05%
AKYA	F	0.04%
SGMO	F	0.04%
PDSB	D	0.04%
CUTR	F	0.04%
KPTI	C	0.04%
ACET	F	0.04%
CRBU	F	0.04%
ACRS	C	0.04%
KOD	F	0.04%
OMGA	D	0.04%
GRTS	F	0.03%
EYEN	F	0.03%
ATRA	F	0.03%
BCAB	F	0.03%
MURA	F	0.03%
RAPT	F	0.03%
FGEN	C	0.03%
MRNS	D	0.02%
BTAI	F	0.02%
GNLX	F	0.02%
AVTE	F	0.01%

BTEC Underweight 34 Positions Relative to FRTY

Symbol	Grade	Weight
VRT	C	-6.09%
MU	C	-4.25%
MANH	B	-4.18%
HEI	A	-4.11%
SHAK	D	-4.07%
DKNG	D	-3.21%
APPF	B	-3.1%
TDG	B	-3.0%
RRX	F	-2.99%
OKTA	C	-2.7%
SAIA	B	-2.59%
MPWR	B	-2.4%
SPOT	B	-2.31%
BURL	A	-2.25%
GTES	D	-2.16%
APO	A	-1.97%
ELF	B	-1.88%
PTC	C	-1.81%
PSTG	C	-1.76%
CEG	B	-1.72%
OSCR	D	-1.71%
RBLX	C	-1.7%
DDOG	C	-1.64%
TWLO	D	-1.61%
SWAV	A	-1.55%
VLTO	B	-1.49%
ONON	C	-1.43%
MELI	C	-1.42%
SNOW	F	-1.29%
CRWD	A	-1.19%
PLTR	B	-1.18%
SMCI	C	-1.16%
OLED	B	-0.95%
HCP	A	-0.88%