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Alger 35 ETF

ATFV
$--
Today’s Change
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Snapshot
*

Inception Date
May 03 2021
Expense Ratio
0.55%
Type
US Equities
Fund Owner
Alger
Volume (1m avg. daily)
$2,866
AUM
$9,748,750
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Dividend
No
Prospectus

Top 10 Holdings

Invest with ATFV

What is ATFV?

The Manager believes companies undergoing Positive Dynamic Change offer the best investment opportunities. Positive DynamicChange refers to companies realizing High Unit Volume Growth or companies undergoing Positive Lifecycle Change. High Unit Volume Growth companies are traditional growth companies experiencing, for example, rapidly growing demand or market dominance. Positive Lifecycle Change companies are, for example, companies benefitting from new regulations, a new productinnovation or new management.Under normal circumstances, the Fund invests in a stock portfolio of approximately 35 equity securities of companies of anymarket capitalization that the Manager believes are undergoing Positive Dynamic Change. Equity securities include common orpreferred stocks. The Fund focuses its investments in technology companies, including companies benefiting from technologicalimprovements, advancements or developments. In the opinion of the Manager, these companies across industries use technologyextensively to improve their business processes, applications and opportunities or seek to grow through technological developments and innovations.

ETFs related toATFV

ETFs correlated to ATFV include GDEF, GJAN, IWP

ATFVAlger Funds - Alger 35 ETF
GDEFGoldman Sachs ETF Trust - Goldman Sachs Defensive Equity ETF
Expense Ratio0.55%
Correlation (1yr)1.00
Return (3mo)0.00%
Volume (avg daily 1m)NaN
GJANFirst Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - January
IWPBlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap Growth ETF
VOTVanguard Group, Inc. - Vanguard Mid-Cap Growth ETF
MMLGFirst Trust Exchange-Traded Fund VIII - First Trust Multi-Manager Large Growth ETF
FDGAmerican Century ETF Trust - American Century Focused Dynamic Growth ETF
TGRWT. Rowe Price ExchangeTraded Funds Inc - T. Rowe Price Growth Stock ETF
FGROFidelity Covington Trust - Fidelity Growth Opportunities ETF
NBDSNeuberger Berman ETF Trust - Neuberger Berman Disrupters ETF
FBCGFidelity Covington Trust - Fidelity Blue Chip Growth ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Disclaimers

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We show information directly obtained from our data provider, XigniteData shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our providerInformation provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.