The Alger ETF Trust Alger Weatherbie Enduring Growth ETFThe Alger ETF Trust Alger Weatherbie Enduring Growth ETFThe Alger ETF Trust Alger Weatherbie Enduring Growth ETF

The Alger ETF Trust Alger Weatherbie Enduring Growth ETF

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Key stats

Assets under management (AUM)
‪4.66 M‬USD
Fund flows (1Y)
Dividend yield (indicated)
0.23%
Discount/Premium to NAV
1.04%

About The Alger ETF Trust Alger Weatherbie Enduring Growth ETF

Issuer
Alger Associates, Inc. (United States)
Brand
Alger
Expense ratio
0.65%
Home page
Inception date
Mar 6, 2023
Index tracked
No Underlying Index
Management style
Active
AWEG aims for capital appreciation by selecting US mid-cap growth equities that Sustainalytics rated as medium ESG risk. The actively managed portfolio expects to hold a maximum of 30 stocks. Selection begins with fundamental analysis of mid-cap companies exhibiting growth potential characteristics such as increasing capital value and strong earnings. Companies considered for inclusion are filtered based on ESG risk rating criteria determined by Sustainalytics. The ESG risk rating is determined by assessing the companys exposure to material ESG risks and assessing how well management manages the companys 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.

Classification

Asset Class
Equity
Category
Size and style
Focus
Mid cap
Niche
Growth
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of March 28, 2024
Exposure type
StocksBonds, Cash & Other
Technology Services
Electronic Technology
Health Technology
Finance
Stocks94.32%
Technology Services21.98%
Electronic Technology18.80%
Health Technology13.04%
Finance11.39%
Transportation8.46%
Industrial Services7.91%
Commercial Services5.90%
Retail Trade3.58%
Producer Manufacturing3.26%
Bonds, Cash & Other5.68%
Cash5.68%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows