ALGER MID CAP 40 ETF
Symbol: FRTY
Exchange: NYSE ARCA
Sector: Healthcare
Category: Mid-Cap Growth
Inception Date: 26/02/2021
Latest Date: 02/04/2026
Current Price: $19.66
Expense Ratio: 0.60%
Assets Under Management
$138.9M
1.44% daily change
Period Performance
Adjusted cumulative ETF performance normalized to the first available adjusted price of the selected period.
Adjusted Return
--
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Performance Metrics
Return
-5.62%
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
Return
-8.35%
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
Return
-13.79%
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
Return
21.23%
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
Return
26.41%
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
Return
61.83%
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
Daily Returns for Period 12M
Daily simple returns calculated over the official metric window from the same adjusted price series used in the chart: 02/04/2025 - 02/04/2026.
Average Daily Return
0.092%
Best Day
7.682%
09/04/2025
Worst Day
-8.483%
04/04/2025
Days with Data
251
Recent Price History (Last 90 Days)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 02/04/2026 | $19.38 | $19.71 | $19.38 | $19.66 | 8,400 |
| 01/04/2026 | $19.66 | $19.79 | $19.51 | $19.51 | 41,300 |
| 31/03/2026 | $18.83 | $19.48 | $18.83 | $19.48 | 45,700 |
| 30/03/2026 | $19.29 | $19.29 | $18.46 | $18.54 | 26,200 |
| 27/03/2026 | $19.28 | $19.28 | $19.00 | $19.03 | 13,000 |
| 26/03/2026 | $19.71 | $19.80 | $19.29 | $19.35 | 82,200 |
| 25/03/2026 | $19.98 | $20.18 | $19.93 | $19.96 | 16,800 |
| 24/03/2026 | $19.64 | $19.83 | $19.47 | $19.75 | 84,700 |
| 23/03/2026 | $20.04 | $20.07 | $19.70 | $19.70 | 55,300 |
| 20/03/2026 | $19.92 | $19.92 | $19.32 | $19.40 | 12,600 |