Alger Mid Cap 40 ETF (FRTY) is a US mid-cap ETF. As of October 9, 2026, ETF Copilot scores FRTY 3.7 out of 10 — highest on Growth (8.9), lowest on Quality (0.7). Its ten largest holdings are 44% of the fund.
What stands out in FRTY's data
U.S. mid-cap growth stocks, picked for high-conviction names.
Trades at a far richer price than the typical mid-cap fund — you pay more for each dollar of earnings.
Trailing P/E multiple of 56.7x places it among the priciest 10% band of peers; the category median sits at 19.8x. Profit margins of 14.5% trail the norm.
A focused growth sleeve for a portfolio that can tolerate a rich price.
Why did FRTY move this week? It fell 1.7% in the week to October 9, 2026 — Twist Bioscience and Nebius drove it
FRTY fell 1.7% in the week to October 9, 2026. The holdings that moved it most were Twist Bioscience (−15.3%), Nebius (−9.0%) and Guardant Health (−5.8%); Okta (+9.8%) pushed the other way.
How is FRTY rated? ETF Copilot scores Alger Mid Cap 40 ETF (FRTY) 3.7 out of 10
As of October 9, 2026, ETF Copilot scores Alger Mid Cap 40 ETF (FRTY) 3.7 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 3.7 / 10
- Growth: 8.9 / 10
- Value: 1.7 / 10
- Risk: 1.0 / 10
- Quality: 0.7 / 10
- Return: 3.5 / 10
What's inside FRTY? 31% Tech
What's inside FRTY: Size (Large 60%, Mid 38%, Small 2%); Geography (International 8%, US 92%); Tech 31.1%; AI 13.2%; Semiconductors 7.1%; Memory 3.4%.
What are FRTY's top holdings? The ten largest are 44% of the fund
More concentrated than 98% of US Mid Cap ETFs.
Half of FRTY's weight sits in its 12 largest positions, and once those weights are taken into account it behaves like 31 equally weighted holdings.
What is FRTY's expense ratio? 0.60% a year
As of October 9, 2026, FRTY charges 0.60% a year, yields 0.17% and holds $154M in assets across 40 positions.
| Measure | FRTY |
|---|---|
| Expense ratio | 0.60% |
| Dividend yield | 0.17% |
| Assets under management | $154M |
| Holdings | 40 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “Alger Mid Cap 40 ETF (FRTY) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/frty
ETF Copilot Pro unlocks FRTY's price and holdings.
Try Pro free →