AWEG vs MID
Alger Weatherbie Enduring Growth ETF vs American Century Mid Cap Growth Impact ETF
Which is better, AWEG or MID?
MID has been ahead.
MID has a lower expense ratio. MID 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 | MID |
|---|---|---|
| Expense Ratio | 0.65% | 0.39%Best |
| AUM | $5M | $104M |
| Dividend Yield | 3.70% | 0.14% |
| Holdings | 25 | 35 |
| Volatility (annualized) | 18.1% | 17.3%Best |
| Max Drawdown | -27.0% | -23.9%Best |
| $10,000 over 2.8 years | $12,108 | $14,603Best |
| Fund Family | Alger | American Century Investments |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Mid Cap Growth |
| Inception | Mar 6, 2023 | Jul 15, 2020 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 289 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 MID through Oct 9, 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
AWEG has been the more volatile fund, with annualized monthly volatility of 18.1% compared with 17.3% for MID. 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 -23.9% for MID. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AWEG charges 0.65% per year while MID charges 0.39%. On a $10,000 position that is $65 vs $39 annually, a gap of $26 per year that compounds over a long holding period. On income, AWEG currently yields 3.70% against 0.14% for MID.
Holdings Overlap
At least 2.1% of MID's money is in holdings AWEG also owns.
Stated as a floor: for AWEG, our book for it covers 90.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
MID and AWEG share little of their money.
The two holdings books were reported 307 days apart, AWEG as of Oct 31, 2025 and MID as of Sep 3, 2026, so some of the difference between them is the time between the two reports rather than the funds.
1 positions in common, counted across the 23 positions we hold weights for in AWEG and 34 in MID, against full books of 25 and 35.
Top Shared Holdings
| Stock | Weight in AWEG | Weight in MID | Difference |
|---|---|---|---|
| NTRANatera Inc | 7.26% | 2.06% | 5.20% |
You are not choosing between two funds in isolation.
Whichever of AWEG and MID 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 MID?
AWEG has an expense ratio of 0.65% while MID charges 0.39%. MID is the cheaper option, by $26 a year on a $10,000 investment.
Which is riskier, AWEG or MID?
AWEG has been the more volatile fund at 18.1% annualized versus 17.3% for MID. Worst drawdown: AWEG -27.0% vs MID -23.9%.
Should I hold both AWEG and MID?
AWEG and MID have a monthly-return correlation of 0.79, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between AWEG and MID?
At least 2.1% of MID's money is in holdings AWEG also owns. Our book for AWEG is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 23 positions we hold weights for in AWEG and 34 in MID.
Which pays a higher dividend, AWEG or MID?
AWEG yields 3.70% while MID yields 0.14%, so AWEG currently pays the higher dividend yield.
Is MID better than AWEG?
MID has a lower expense ratio. MID 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.