Alger Mid Cap 40 ETF (FRTY) Performance
FRTY total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +2.4% since Dec 31, 2025
- 1 year
- −1.2% total return
- 5 years
- −1.1% a year
- Since first price
- +1.8% a year since 2021
FRTY trailing returns vs SPY, QQQ, AGG
| Period | FRTY total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −7.5% | −7.5% | −1.0% | −5.0% | +0.9% |
| 3 months | −4.6% | −4.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +3.0% | +3.0% | +7.8% | +8.4% | −1.5% |
| YTD | +2.4% | +2.4% | +12.3% | +15.1% | −1.0% |
| 1 year | −1.2% | −1.4% | +14.4% | +15.9% | −1.1% |
| 3 years | +86.2%+23.0%/yr | +85.7% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | −5.5%−1.1%/yr | −10.7% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionMar 1, 2021 | +10.5%+1.8%/yr | +4.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: FRTY vs SPY
From Mar 1, 2021: FRTY grew to $11,049, SPY to $21,061.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FRTY returns by calendar year
3 of 4 full years positive. Best 2024 (+38.9%), worst 2022 (−42.2%). 2026 is year to date.
FRTY annual returns table
| Year | FRTY | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +2.4% | −16.9% | +12.3% | +15.1% | −1.0% |
| 2025 | +12.8% | −30.9% | +17.7% | +20.8% | +7.2% |
| 2024 | +38.9% | −12.6% | +24.9% | +25.6% | +1.3% |
| 2023 | +16.8% | −15.7% | +26.2% | +54.9% | +5.7% |
| 2022 | −42.2% | −44.0% | −18.2% | −32.6% | −13.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
FRTY largest drawdowns
Now 13.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 8, 2021 | −53.1% | Oct 14, 2022 | Jun 2, 2026 | 11 months | 4.6 years |
| Jun 30, 2026 | −14.6% | Jul 29, 2026 | not yet | 29 days | 4 months so far |
| Apr 28, 2021 | −11.6% | May 12, 2021 | Jun 24, 2021 | 14 days | 57 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
FRTY risk statistics
| Statistic | 3 years | 5 years | Since 2021 |
|---|---|---|---|
| Annualized return | +25.2% | +2.1% | +4.3% |
| Volatility (annualized) | 23.2% | 23.4% | 22.9% |
| Sharpe ratio | 0.90 | 0.05 | 0.16 |
| Sortino ratio | 1.58 | 0.07 | 0.23 |
| Best month | +15.7% | +15.7% | +15.7% |
| Worst month | −10.5% | −13.9% | −13.9% |
| Best 12 months | +59.7% | +59.7% | +59.7% |
| Worst 12 months | +0.4% | −47.1% | −47.1% |
| Positive months | 64% | 53% | 55% |
| Beta vs S&P 500 | 1.36 | 1.11 | — |
| Correlation with S&P 500 | 0.73 | 0.74 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
FRTY rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 56 | −47.1% | +8.8% | +59.7% | 64% |
| 3-year (a year) | 32 | −9.3% | +14.0% | +25.2% | 62% |
| 5-year (a year) | 8 | −1.3% | +1.8% | +4.7% | 88% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
FRTY performance overview
Alger Mid Cap 40 ETF (FRTY) returned −1.2% over the past year and −1.1% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned +1.8% a year, turning $10,000 into about $11,049. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −53.1%, from Nov 8, 2021 to Oct 14, 2022, and it took 3.6 years to get back to the old high. FRTY finished 3 of its 4 full calendar years with a gain; the best year was 2024 (+38.9%) and the worst 2022 (−42.2%). Volatility has been 22.9% a year.
Related: FRTY chart, FRTY holdings, FRTY dividends, FRTY valuation. See the FRTY overview for the latest quote and fund facts.
FRTY performance FAQ
What is the FRTY return over the past year?
FRTY returned −1.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 1.4%.
What is the average annual return of FRTY?
FRTY has returned −1.1% a year over 5 years, +1.8% a year since March 1, 2021 (total return, distributions reinvested).
How much would $10,000 invested in FRTY be worth?
$10,000 invested in FRTY at its first recorded close on March 1, 2021 would be worth about $11,049 on October 23, 2026 with distributions reinvested.
What was the worst year for FRTY?
The worst calendar year was 2022, with a total return of −42.2%. The best was 2024 at +38.9%.
What is the biggest drawdown of FRTY?
The largest peak-to-trough decline was −53.1% between November 8, 2021 and October 14, 2022. It recovered to the old high on June 2, 2026, 3.6 years after the bottom.
How volatile is FRTY?
Over the past 3 years FRTY had an annualized volatility of 23.2% and a Sharpe ratio of 0.90 (excess return over 1–3 month T-bills per unit of risk).