Alger Mid Cap 40 ETF

10-Year Study

FRTY.US · · US · ETF

Executive Summary: Alger Mid Cap 40 ETF has compounded at 0.9% annually over the last 10 years, with a maximum drawdown of 49.9% and an annualized volatility of 38.2%.

1Y CAGR
+11.9%
3Y CAGR
+17.7%
5Y CAGR
+1.2%
10Y CAGR
+0.9%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
49.9%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
-0.05
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
-0.08
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
22.3%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2024 · +38.9%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -42.2%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
60%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20260.1-0.9-6.70.7————————-6.8%
20254.6-9.3-10.31.99.28.46.2-0.810.52.2-7.1-0.712.8%
20244.915.7-2.9-2.13.40.0-0.41.55.42.114.8-6.738.9%
20237.3-1.0-0.60.10.26.61.3-1.9-6.4-4.68.77.316.8%
2022-12.92.2-4.1-13.9-4.3-7.25.5-3.7-11.23.6-0.3-5.0-42.2%
2021———2.8-4.16.50.29.8-1.47.4-8.9-4.86.0%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 38.2%. The dominant macroeconomic risk driver is VTI.US, accounting for 105.2% of variance. Idiosyncratic stock-specific factors contribute 4.5%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2021-03-0110000
2021-04-0110276.660429643825
2021-05-019858.148006298487
2021-06-0110500.503822021063
2021-07-0110517.605543707423
2021-08-0111551.811423946026
2021-09-0111385.815166159731
2021-10-0112223.34058571696
2021-11-0111136.820271799896
2021-12-0110602.23891114334
2022-01-019229.721925172784
2022-02-019435.122304267887
2022-03-019043.960654363473
2022-04-017786.0855161221025
2022-05-017451.713502552007
2022-06-016915.6573303565665
2022-07-017293.550245534545
2022-08-017021.807208168049
2022-09-016237.360281279306
2022-10-016462.928771628707
2022-11-016444.352746083855
2022-12-016124.841552949643
2023-01-016573.324380558846
2023-02-016508.572792636116
2023-03-016467.175010427754
2023-04-016474.605420645696
2023-05-016484.689476272846
2023-06-016912.473158937673
2023-07-017000.577029533596
2023-08-016870.543835358842
2023-09-016433.207130756944
2023-10-016135.4566422668695
2023-11-016668.859169053103
2023-12-017154.494047752011
2024-01-017502.665322058225
2024-02-018677.744388202484
2024-03-018422.983767630216
2024-04-018242.529279958932
2024-05-018523.825846942891
2024-06-018526.481015393276
2024-07-018496.22732547065
2024-08-018623.07634822651
2024-09-019085.35792889144
2024-10-019277.488557899323
2024-11-0110653.190730649558
2024-12-019934.580304681342
2025-01-0110391.996276468934
2025-02-019429.882027261217
2025-03-018460.33127567086
2025-04-018622.36559567765
2025-05-019417.663175585527
2025-06-0110208.179421561146
2025-07-0110843.036797893248
2025-08-0110758.03485449271
2025-09-0111892.27712526181
2025-10-0112155.250491536155
2025-11-0111291.95115383569
2025-12-0111207.917864623165
2026-01-0111216.43471088008
2026-02-0111115.289993132099
2026-03-0110370.01192845849
2026-04-0110444.539734925853
Annual Return Matrix
YearAnnual Return
2022-0.4223067783812897
20230.16811087860819862
20240.38857901598266764
20250.1281722549810993
2026-0.06811061063418833
Total Factor Risk
0.38183569287023766
VTI.US Exposure
1.051950970781105
VEA.US Exposure
0.005559535310483822
VWO.US Exposure
0.021629095787155366
QQQ.US Exposure
-0.2040824029873602
VTV.US Exposure
-0.08393200000650229
IJR.US Exposure
0.008817437903300382
QUAL.US Exposure
-0.01579125680568543
SHV.US Exposure
0.186929511292826
TLT.US Exposure
0.02412619288324806
LQD.US Exposure
-0.0067403158083540835
HYG.US Exposure
-0.017062352804408387
GLD.US Exposure
0.0014040030344258502
USO.US Exposure
0.001822590812172019
VNQ.US Exposure
-0.021938002061985287
BTC-USD.CC Exposure
0.026691854530017035
CPER.US Exposure
-0.0036532970378053494
VIX.INDX Exposure
-0.018682178581502847
UUP.US Exposure
0.00038251155129966416
TIP.US Exposure
-0.002895975043826511
Idiosyncratic Exposure
0.04546407725139728
Value Score
38
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
2.4
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
38.2%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →30.0x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.20%
Market Cap$25.9B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-4.1%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-5.5%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
15.1% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.52
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Alger Mid Cap 40 ETF a high-risk investment?

Alger Mid Cap 40 ETF (FRTY.US) has an annualized volatility of 38.2% and experienced a maximum drawdown of 49.9% over the last 10 years. Its primary macro risk driver is VTI.US.

What is the 10-year return of FRTY.US?

Over the past 10 years, FRTY.US has generated a Compound Annual Growth Rate (CAGR) of 0.9%. It has had a positive return in 60% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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