FRTY vs. PBE ETF Comparison
Comparison of Alger Mid Cap 40 ETF (FRTY) to PowerShares Dynamic Biotech & Genome (PBE)
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
$19.76
Average Daily Volume
40,854
37
PBE
PowerShares Dynamic Biotech & Genome
PBE Description
The PowerShares Dynamic Biotechnology & Genome Portfolio (Fund) is based on the Dynamic Biotech & Genome IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index is designed to provide capital appreciation by thoroughly evaluating companies based on a variety of investment merit criteria, including price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 30 US biotechnology and genome companies. These are companies that are principally engaged in the research, development, manufacture and marketing and distribution of various biotechnological products, services and processes and companies that benefit significantly from scientific and technological advances biotechnology and genetic engineering and reseach. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.Grade (RS Rating)
Last Trade
$68.40
Average Daily Volume
6,342
30
Performance
Period | FRTY | PBE |
---|---|---|
30 Days | 9.63% | -0.98% |
60 Days | 13.70% | -5.20% |
90 Days | 19.63% | -4.17% |
12 Months | 54.49% | 20.11% |
FRTY Overweight 34 Positions Relative to PBE
Symbol | Grade | Weight | |
---|---|---|---|
HEI | A | 4.77% | |
VLTO | C | 3.65% | |
VRT | A | 3.48% | |
SPOT | A | 2.95% | |
CEG | C | 2.72% | |
FICO | A | 2.66% | |
MANH | D | 2.61% | |
TDG | D | 2.59% | |
SHAK | C | 2.57% | |
APP | B | 2.55% | |
MPWR | F | 2.48% | |
FANG | C | 2.43% | |
DKNG | B | 2.26% | |
FIX | A | 2.22% | |
RBLX | B | 2.17% | |
GTES | A | 2.07% | |
NCNO | B | 2.03% | |
PLTR | B | 2.0% | |
ARES | A | 1.97% | |
BURL | B | 1.97% | |
DDOG | A | 1.82% | |
SRPT | F | 1.81% | |
GWRE | A | 1.75% | |
MU | D | 1.7% | |
ONON | B | 1.57% | |
MSCI | C | 1.56% | |
S | C | 1.39% | |
PIPR | B | 1.37% | |
ZS | C | 1.31% | |
FIVE | F | 1.22% | |
PCVX | D | 1.08% | |
OWL | A | 0.95% | |
AZEK | B | 0.86% | |
COIN | B | 0.76% |
FRTY Underweight 27 Positions Relative to PBE
Symbol | Grade | Weight | |
---|---|---|---|
UTHR | C | -5.74% | |
ALNY | D | -4.78% | |
AMGN | D | -4.7% | |
BIIB | F | -4.21% | |
NBIX | C | -4.18% | |
XNCR | B | -3.88% | |
EXEL | B | -3.86% | |
TGTX | B | -3.78% | |
BMRN | F | -3.76% | |
MNKD | B | -3.7% | |
REGN | F | -3.38% | |
INCY | C | -3.35% | |
VCYT | B | -3.28% | |
ACAD | C | -3.06% | |
CPRX | C | -3.0% | |
BPMC | C | -2.91% | |
TECH | F | -2.89% | |
VCEL | A | -2.79% | |
OPK | B | -2.78% | |
PTGX | D | -2.75% | |
QGEN | D | -2.59% | |
BCRX | D | -2.56% | |
HALO | F | -2.42% | |
COLL | F | -2.27% | |
CDNA | D | -1.92% | |
NVAX | F | -1.83% | |
MYGN | F | -1.61% |
FRTY: Top Represented Industries & Keywords
PBE: Top Represented Industries & Keywords