Skip to Content
ETFs

Alger 35 ETF

ATFV
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
May 3, 2021
Expense Ratio
0.55%
Type
US Equities
Fund Owner
Alger
Volume (1m avg. daily)
$19,573
AUM
$12,483,693
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View
Invest with ATFV
Trade ATFV Options

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.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

ATFV
Performance Measures**

for the time period May 4, 2021 to Dec 4, 2025

Returns

1M Trailing Return: 0.1%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 8.6%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -45.3%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 26.8%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.62

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.31

The annualized return divided by the max drawdown for the selected time period.

ETFs related toATFV

ETFs correlated to ATFV include LGRO, ONEQ, ILCG

ATFV
Alger Funds - Alger 35 ETF
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
ONEQ
Fidelity Covington Trust - Fidelity Nasdaq Composite Index ETF
ILCG
BlackRock Institutional Trust Company N.A. - iShares Morningstar Growth ETF
VUG
Vanguard Group, Inc. - Vanguard Growth ETF
CGGR
Capital Group Companies Inc - Capital Group Growth ETF
IWF
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 Growth ETF
JGRO
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Active Growth ETF
VONG
Vanguard Group, Inc. - Vanguard Russell 1000 Growth Index ETF
SCHG
Schwab Strategic Trust - Schwab U.S. Large-Cap Growth ETF
NULG
Nuveen Fund Advisors LLC - Nuveen ESG Large-Cap 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.

FAQ

ATFV is a US Equities ETF. 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.

Yes, ATFV is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, ATFV is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on ATFV is -0.0355%. This is the percent change in the value of ATFV over the most recent 1-month period. The 3-month return on ATFV is -0.055%. This is the percent change in the value of ATFV over the most recent 3-month period.

The standard deviation of ATFV for the past year is 0.2533%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to ATFV include SPHQ, DSI, and QUAL.

ETFs correlated to ATFV include LGRO, ONEQ, and ILCG.

ETFs that are inversely correlated to ATFV include QID, SQQQ, and PSQ.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data 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 provider. Information 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.