Summary
FRTY
Prices · period metrics · 12M
NAV as of 17/06/2026
02/04/2025 → 02/04/2026
Return 29.60% Volatility 28.10% Sharpe 0.63
Official loaded data — not a live quote.

ALGER MID CAP 40 ETF

Symbol: FRTY

Exchange: NYSE

Sector: Technology

Category: Mid-Cap Growth

Inception date: 26/02/2021

Latest date: 17/06/2026

Current price: $23.68

Expense ratio: 0.60%

Assets under management
$143.6M
-0.19% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
--
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Performance metrics

Period total return

12.66%

Ann. -46.92% (Sharpe / Sortino numerator)

Volatility

32.50%

Sharpe ratio

-1.555

VaR 95%

-3.09%

CVaR 95%: -3.16%
Max drawdown: -9.03%
Sortino ratio: -2.968
Calmar ratio: -5.20

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

18.07%

Ann. -29.82% (Sharpe / Sortino numerator)

Volatility

26.81%

Sharpe ratio

-1.248

VaR 95%

-2.94%

CVaR 95%: -3.30%
Max drawdown: -16.86%
Sortino ratio: -2.042
Calmar ratio: -1.77

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

17.44%

Ann. -25.85% (Sharpe / Sortino numerator)

Volatility

27.66%

Sharpe ratio

-1.066

VaR 95%

-3.11%

CVaR 95%: -3.75%
Max drawdown: -19.75%
Sortino ratio: -1.611
Calmar ratio: -1.31

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

29.60%

Ann. 21.32% (Sharpe / Sortino numerator)

Volatility

28.10%

Sharpe ratio

0.630

VaR 95%

-2.92%

CVaR 95%: -3.97%
Max drawdown: -19.75%
Sortino ratio: 0.854
Calmar ratio: 1.08

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

46.13%

Ann. 12.49% (Sharpe / Sortino numerator)

Volatility

27.10%

Sharpe ratio

0.327

VaR 95%

-2.88%

CVaR 95%: -4.17%
Max drawdown: -31.48%
Sortino ratio: 0.419
Calmar ratio: 0.40

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

88.82%

Ann. 17.48% (Sharpe / Sortino numerator)

Volatility

26.10%

Sharpe ratio

0.531

VaR 95%

-2.63%

CVaR 95%: -3.93%
Max drawdown: -31.48%
Sortino ratio: 0.701
Calmar ratio: 0.56

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 17/06/2025 - 17/06/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.118%

Best day

5.07%

31/03/2026
Worst day

-5.114%

05/06/2026
Days with data

251

Recent price history (last 90 days)

Date Open High Low Close Volume
17/06/2026 $23.72 $24.17 $23.59 $23.68 9,500
16/06/2026 $23.88 $24.04 $23.52 $23.52 6,900
15/06/2026 $23.75 $23.89 $23.53 $23.75 31,100
12/06/2026 $22.59 $23.14 $22.59 $22.97 2,500
11/06/2026 $22.03 $22.80 $22.03 $22.80 7,200
10/06/2026 $22.16 $22.59 $21.86 $21.86 5,100
09/06/2026 $23.09 $23.09 $21.50 $22.41 16,700
08/06/2026 $22.75 $22.92 $22.55 $22.67 12,200
05/06/2026 $23.55 $23.55 $22.32 $22.49 13,700
04/06/2026 $23.28 $23.93 $23.26 $23.70 20,800