Alger Weatherbie Enduring Growth ETFAlger Weatherbie Enduring Growth ETFAlger Weatherbie Enduring Growth ETF

Alger Weatherbie Enduring Growth ETF

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Key stats


Assets under management (AUM)
‪5.10 M‬USD
Fund flows (1Y)
Dividend yield (indicated)
0.49%
Discount/Premium to NAV
0.03%
Shares outstanding
‪212.50 K‬
Expense ratio
0.65%

About Alger Weatherbie Enduring Growth ETF


Issuer
Alger Associates, Inc. (United States)
Brand
Alger
Home page
Inception date
Mar 6, 2023
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Fred Alger Management LLC
Distributor
Fred Alger & Co., Inc.
ISIN
US0155643051
AWEG aims for capital appreciation by selecting US mid-cap growth equities rated as medium ESG risk by Sustainalytics. The actively managed fund expects to hold a maximum of 30 stocks. Selection begins with a fundamental analysis of mid-cap stocks exhibiting growth potential characteristics, such as increasing capital value and strong earnings. Companies considered are filtered based on Sustainalytics ESG risk rating criteria, which is determined by assessing the companys exposure to material ESG risks and how well the company manages exposure to those risks. The fund aims to have an average ESG risk weighting of medium or better. AWEG is a non-transparent ETF. Unlike other ETFs, it does not disclose the contents of its portfolio daily. As a result, there is a chance that shares could trade with larger spreads, particularly during volatile times. However, the fund provides a verified intraday indicative value throughout the trading day.

Broaden your horizons with more funds linked to AWEG via country, focus, and more.

Classification


Asset Class
Equity
Category
Size and style
Focus
Mid cap
Niche
Growth
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Electronic Technology
Finance
Technology Services
Industrial Services
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
AWEG trades at 23.93 USD today, its price has fallen −0.38% in the past 24 hours. Track more dynamics on AWEG price chart.
AWEG net asset value is 23.92 today — it's fallen 3.32% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
AWEG assets under management is ‪5.10 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
AWEG price has fallen by −0.13% over the last month, and its yearly performance shows a −4.83% decrease. See more dynamics on AWEG price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −3.32% over the last month, showed a 3.26% increase in three-month performance and has decreased by −0.32% in a year.
AWEG fund flows account for 0.00 USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
AWEG invests in stocks. See more details in our Analysis section.
AWEG expense ratio is 0.65%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, AWEG isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, AWEG technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating AWEG shows the neutral signal. See more of AWEG technicals for a more comprehensive analysis.
Yes, AWEG pays dividends to its holders with the dividend yield of 0.49%.
AWEG trades at a premium (0.03%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
AWEG shares are issued by Alger Associates, Inc. (United States)
AWEG follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 6, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.