FRTY vs. LABD ETF Comparison

Comparison of Alger Mid Cap 40 ETF (FRTY) to Direxion Daily S&P Biotech Bear 3X Shares (LABD)
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 *

39

* may have additional holdings in another (foreign) market
LABD

Direxion Daily S&P Biotech Bear 3X Shares

LABD Description The investment seeks daily investment results, before fees and expenses, of 300% of the inverse of the performance of the S&P Biotechnology Select Industry Index. The index is provided by Standard & Poor's and includes domestic companies from the biotechnology industry. The fund normally creates short positions by investing at least 80% of its assets in: swap agreements; options on securities and indices; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the S&P Biotechnology Select Industry Index ("index"). It is non-diversified.

Grade (RS Rating)

Last Trade

$7.22

Average Daily Volume

13,525,369

Number of Holdings *

80

* may have additional holdings in another (foreign) market
Performance
Period FRTY LABD
30 Days -0.71% -14.69%
60 Days 2.88% -30.51%
90 Days 1.78% 0.42%
12 Months 31.53% -48.05%
4 Overlapping Holdings
Symbol Grade Weight in FRTY Weight in LABD Overlap
EXAS F 1.76% 1.73% 1.73%
IOVA D 0.81% 1.07% 0.81%
NTRA B 3.87% 1.08% 1.08%
SRPT B 0.98% 1.66% 0.98%
FRTY Overweight 35 Positions Relative to LABD
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%
PCVX B 2.21%
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%
FRTY Underweight 76 Positions Relative to LABD
Symbol Grade Weight
EXEL B -1.91%
BMRN C -1.89%
BLUE F -1.87%
VRTX B -1.84%
SAGE F -1.8%
UTHR A -1.78%
REGN A -1.77%
AMGN B -1.75%
ALNY A -1.73%
ABBV B -1.72%
ACAD D -1.68%
BIIB C -1.65%
IONS B -1.64%
GILD C -1.64%
NBIX C -1.62%
BPMC B -1.61%
INCY B -1.51%
RARE F -1.49%
MRNA C -1.47%
LGND C -1.46%
ARWR C -1.45%
BHVN D -1.42%
PTCT C -1.4%
FOLD D -1.38%
AGIO B -1.37%
APLS F -1.24%
ALKS D -1.21%
MYGN B -1.08%
FGEN C -1.05%
RGNX F -1.05%
DCPH A -1.01%
CHRS F -0.99%
EBS B -0.96%
CDNA B -0.93%
HRTX C -0.84%
INSM A -0.81%
KPTI C -0.79%
ESPR C -0.79%
ALLK F -0.76%
IRWD F -0.75%
VCYT C -0.72%
HALO A -0.71%
FATE F -0.67%
EDIT F -0.66%
PBYI F -0.65%
MDGL B -0.59%
TGTX B -0.55%
ADVM F -0.55%
ALLO F -0.54%
CPRX D -0.53%
ANAB B -0.53%
XNCR F -0.49%
SGMO F -0.48%
ENTA D -0.47%
EGRX D -0.42%
GTHX F -0.42%
ATRA F -0.41%
VKTX D -0.38%
ANIK C -0.37%
VNDA B -0.35%
OPK D -0.35%
VCEL C -0.34%
TVTX C -0.33%
KOD F -0.29%
BBIO F -0.29%
NTLA C -0.29%
PGEN B -0.29%
DNLI B -0.28%
KRYS B -0.28%
GOSS C -0.27%
VYGR D -0.26%
MGNX F -0.25%
ALEC F -0.25%
CYTK F -0.25%
DVAX F -0.24%
YMAB D -0.24%
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