AWEG vs FRTY
Alger Weatherbie Enduring Growth ETF vs Alger Mid Cap 40 ETF
Which is better, AWEG or FRTY?
FRTY has been ahead.
FRTY has a lower expense ratio. FRTY led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AWEG | FRTY |
|---|---|---|
| Expense Ratio | 0.65% | 0.60%Best |
| AUM | $5M | $151M |
| Dividend Yield | 3.70% | 0.17% |
| Holdings | 25 | 43 |
| Volatility (annualized) | 18.1%Best | 22.0% |
| Max Drawdown | -27.0%Best | -31.5% |
| $10,000 over 2.8 years | $12,108 | $17,112Best |
| Fund Family | Alger | Alger |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Mid Cap Growth |
| Inception | Mar 6, 2023 | Feb 26, 2021 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 294 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. AWEG has data through Dec 24, 2025 and FRTY through Oct 14, 2026.
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Mar 7, 2023 to Dec 24, 2025 (2.8 years).
Risk: Volatility and Drawdowns
FRTY has been the more volatile fund, with annualized monthly volatility of 22.0% compared with 18.1% for AWEG. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -27.0% for AWEG and -31.5% for FRTY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.63. They move together some of the time, and apart the rest.
Fees and Cost Over Time
AWEG charges 0.65% per year while FRTY charges 0.60%. On a $10,000 position that is $65 vs $60 annually, a gap of $5 per year that compounds over a long holding period. On income, AWEG currently yields 3.70% against 0.17% for FRTY.
Holdings Overlap
We hold position weights for 23 holdings in AWEG and 40 in FRTY, totalling 90.6% and 90.9% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 2 positions appear in both.
The two holdings books were reported 336 days apart, AWEG as of Oct 31, 2025 and FRTY as of Oct 2, 2026, so some of the difference between them is the time between the two reports rather than the funds.
2 positions in common, counted across the 23 positions we hold weights for in AWEG and 40 in FRTY, against full books of 25 and 43.
You are not choosing between two funds in isolation.
Whichever of AWEG and FRTY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AWEG or FRTY?
AWEG has an expense ratio of 0.65% while FRTY charges 0.60%. FRTY is the cheaper option, by $5 a year on a $10,000 investment.
Which is riskier, AWEG or FRTY?
FRTY has been the more volatile fund at 22.0% annualized versus 18.1% for AWEG. Worst drawdown: AWEG -27.0% vs FRTY -31.5%.
Should I hold both AWEG and FRTY?
AWEG and FRTY have a monthly-return correlation of 0.63, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, AWEG or FRTY?
AWEG yields 3.70% while FRTY yields 0.17%, so AWEG currently pays the higher dividend yield.
Is FRTY better than AWEG?
FRTY has a lower expense ratio. FRTY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.