ALGER MID CAP 40 ETF
Symbol: FRTY
Exchange: NYSE
Sector: Healthcare
Category: Mid-Cap Growth
Inception date: 26/02/2021
Latest date: 15/10/2026
Current price: $22.32
Expense ratio: 0.60%
Period performance
Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.
Performance metrics
Period total return
0.96%
Ann. -46.92% (Sharpe / Sortino numerator)
Volatility
32.50%
Sharpe ratio
-1.555
VaR 95%
-3.09%
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
-2.19%
Ann. -29.82% (Sharpe / Sortino numerator)
Volatility
26.81%
Sharpe ratio
-1.248
VaR 95%
-2.94%
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
7.05%
Ann. -25.85% (Sharpe / Sortino numerator)
Volatility
27.66%
Sharpe ratio
-1.066
VaR 95%
-3.11%
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
-1.85%
Ann. 21.32% (Sharpe / Sortino numerator)
Volatility
28.10%
Sharpe ratio
0.630
VaR 95%
-2.92%
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
26.47%
Ann. 12.49% (Sharpe / Sortino numerator)
Volatility
27.10%
Sharpe ratio
0.327
VaR 95%
-2.88%
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
82.45%
Ann. 17.48% (Sharpe / Sortino numerator)
Volatility
26.10%
Sharpe ratio
0.531
VaR 95%
-2.63%
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: 15/10/2025 - 15/10/2026.
Average daily return
0.008%
Best day
5.07%
Worst day
-5.114%
Days with data
251
Recent price history (last 90 days)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 15/10/2026 | $21.85 | $22.42 | $21.83 | $22.32 | 238,600 |
| 14/10/2026 | $22.69 | $22.90 | $22.24 | $22.34 | 11,700 |
| 13/10/2026 | $22.80 | $22.96 | $22.80 | $22.96 | 2,500 |
| 12/10/2026 | $23.28 | $23.46 | $22.95 | $22.99 | 8,500 |
| 09/10/2026 | $22.93 | $23.55 | $22.93 | $23.47 | 16,900 |
| 08/10/2026 | $23.09 | $23.09 | $22.81 | $22.96 | 6,700 |
| 07/10/2026 | $23.59 | $23.59 | $23.18 | $23.27 | 60,300 |
| 06/10/2026 | $24.48 | $24.57 | $23.77 | $23.80 | 13,300 |
| 05/10/2026 | $23.94 | $24.29 | $23.81 | $24.28 | 15,400 |
| 02/10/2026 | $23.89 | $23.96 | $23.68 | $23.87 | 9,300 |