Alger 35 Etf Profile
| ATFV Etf | USD 25.11 0.24 0.95% |
Performance18 of 100
| Odds Of DistressLess than 9
|
Alger 35 is selling for under 25.11 as of the 28th of November 2024; that is 0.95 percent decrease since the beginning of the trading day. The etf's lowest day price was 24.9. Alger 35 has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Alger 35 ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Under normal circumstances, the fund invests in a stock portfolio of approximately 35 equity securities of companies of any market capitalization that the Manager believes are undergoing Positive Dynamic Change. Alger 35 is traded on NYSEARCA Exchange in the United States. More on Alger 35 ETF
Moving together with Alger Etf
Alger Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Broad Equity ETFs, Size And Style ETFs, Large Growth, Alger (View all Sectors) |
| Issuer | Fred Alger Management |
| Inception Date | 2021-05-03 |
| Entity Type | Regulated Investment Company |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Size and Style |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | Fred Alger Management, LLC |
| Advisor | Fred Alger Management, LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | Alger LLC |
| Portfolio Manager | Dan Chung |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Dec |
| Exchange | NYSE Arca, Inc. |
| Market Maker | Virtu Financial |
| Total Expense | 1.6 |
| Management Fee | 0.45 |
| Country Name | USA |
| Returns Y T D | 46.28 |
| Name | Alger 35 ETF |
| Currency Code | USD |
| Open Figi | BBG0106Y4324 |
| In Threey Volatility | 23.09 |
| 1y Volatility | 19.22 |
| 200 Day M A | 21.1448 |
| 50 Day M A | 23.2022 |
| Code | ATFV |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.06) |
| Type | ETF |
Alger 35 ETF [ATFV] is traded in USA and was established 2021-05-04. The fund is listed under Large Growth category and is part of Alger family. The entity is thematically classified as Broad Equity ETFs. Alger 35 ETF presently have 9.05 M in assets under management (AUM). , while the total return for the last 3 years was 6.4%.
Check Alger 35 Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Alger Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Alger Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Alger 35 ETF Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Alger 35 ETF Etf Constituents
| MU | Micron Technology | Stock | Information Technology | |
| TCOM | Trip Group Ltd | Stock | Consumer Discretionary | |
| CEG | Constellation Energy Corp | Stock | Utilities | |
| APPF | Appfolio | Stock | Information Technology | |
| SE | Sea | Stock | Communication Services | |
| AVGO | Broadcom | Stock | Information Technology | |
| ENVX | Enovix Corp | Stock | Industrials | |
| HCAT | Health Catalyst | Stock | Health Care |
Alger 35 ETF Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Alger 35. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.1711 | |||
| Jensen Alpha | 0.1464 | |||
| Total Risk Alpha | 0.0659 | |||
| Sortino Ratio | 0.0932 |
Alger 35 Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alger 35 ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
The market value of Alger 35 ETF is measured differently than its book value, which is the value of Alger that is recorded on the company's balance sheet. Investors also form their own opinion of Alger 35's value that differs from its market value or its book value, called intrinsic value, which is Alger 35's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alger 35's market value can be influenced by many factors that don't directly affect Alger 35's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alger 35's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alger 35 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alger 35's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.