FRTY vs. QQQN ETF Comparison

Comparison of Alger Mid Cap 40 ETF (FRTY) to VictoryShares Nasdaq Next 50 ETF (QQQN)

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

$15.80

Average Daily Volume

11,393

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QQQN

VictoryShares Nasdaq Next 50 ETF

QQQN Description

The investment seeks to provide investment results that track the performance of the Nasdaq Q-50 Index before fees and expenses. The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities in the index. The index is composed of the 50 largest nonfinancial domestic and international companies listed on The Nasdaq Stock Market based on market capitalization after excluding the companies included in the Nasdaq-100 Index.

Grade (RS Rating)

Last Trade

$28.23

Average Daily Volume

48,019

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FRTY	QQQN
30 Days	0.03%	-3.67%
60 Days	-2.74%	-4.42%
90 Days	8.40%	4.18%
12 Months	30.59%	15.80%

6 Overlapping Holdings

Symbol	Grade	Weight in FRTY	Weight in QQQN	Overlap
DKNG	D	3.06%	2.31%	2.31%
MANH	F	4.24%	1.46%	1.46%
MPWR	C	2.55%	3.73%	2.55%
OKTA	D	2.77%	1.65%	1.65%
PTC	D	1.75%	2.45%	1.75%
SMCI	D	1.94%	4.1%	1.94%

FRTY Overweight 33 Positions Relative to QQQN

Symbol	Grade	Weight
VRT	A	5.22%
HEI	A	4.16%
SHAK	A	4.16%
NTRA	A	4.04%
APPF	C	3.04%
BURL	D	3.03%
TDG	A	2.88%
RRX	D	2.85%
CABA	F	2.83%
MU	B	2.64%
SAIA	F	2.55%
PCVX	D	2.39%
CRWD	D	2.24%
SPOT	B	2.24%
OSCR	A	2.06%
ELF	D	2.0%
DDOG	C	1.75%
PINS	A	1.69%
S	D	1.64%
MDGL	D	1.63%
MELI	C	1.51%
SNOW	D	1.5%
RBLX	C	1.46%
APO	D	1.44%
IRTC	C	1.33%
VLTO	A	1.26%
NVR	D	1.23%
PLTR	D	1.08%
SQ	D	1.04%
OLED	C	0.99%
SRPT	B	0.97%
FOUR	F	0.95%
PSTG	C	0.63%

FRTY Underweight 41 Positions Relative to QQQN

Symbol	Grade	Weight
TSCO	A	-3.35%
EBAY	C	-3.05%
ICLR	D	-2.88%
WDC	B	-2.64%
ALGN	F	-2.63%
AXON	A	-2.63%
STLD	D	-2.4%
NTAP	C	-2.37%
ENTG	D	-2.26%
ULTA	F	-2.24%
FSLR	B	-2.16%
ALNY	D	-2.05%
STX	D	-2.04%
HOLX	B	-2.02%
VRSN	F	-2.01%
EXPE	F	-2.01%
CHKP	D	-2.0%
TER	A	-1.98%
UAL	B	-1.96%
JBHT	F	-1.9%
SWKS	F	-1.89%
ZM	F	-1.81%
AKAM	F	-1.75%
BSY	B	-1.75%
BMRN	F	-1.73%
SSNC	C	-1.72%
ENPH	F	-1.72%
NTNX	C	-1.7%
NDSN	C	-1.69%
POOL	F	-1.61%
VTRS	D	-1.56%
BIDU	C	-1.54%
SNY	C	-1.53%
NBIX	A	-1.53%
PODD	D	-1.32%
INCY	D	-1.31%
NWSA	D	-1.04%
RIVN	F	-0.99%
FOXA	B	-0.85%
FOX	B	-0.77%
NWS	D	-0.54%