FRTY vs. BBHM

Last updated Jun 25, 2026

FRTY (Alger Mid Cap 40 ETF) and BBHM (BBH Select Mid Cap ETF) are both Mid Cap Growth Equities funds. FRTY is actively managed, while BBHM is passively managed. A 0.67 correlation means they provide meaningful diversification when combined. FRTY charges 0.60%/yr vs 0.81%/yr for BBHM.

Performance

FRTY vs. BBHM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alger Mid Cap 40 ETF (FRTY) and BBH Select Mid Cap ETF (BBHM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FRTY achieves a 11.84% return, which is significantly higher than BBHM's 4.18% return.

FRTY

• 1D: 0.28%
• 1M: 5.92%
• YTD: 11.84%
• 6M: 10.13%
• 1Y: 22.76%
• 3Y*: 23.80%
• 5Y*: 3.68%
• 10Y*: —

BBHM

• 1D: 1.03%
• 1M: 3.69%
• YTD: 4.18%
• 6M: 2.31%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FRTY vs. BBHM - Yearly Performance Comparison

	2026 (YTD)	2025
FRTY Alger Mid Cap 40 ETF	11.84%	3.47%
BBHM BBH Select Mid Cap ETF	4.18%	0.98%

Correlation

The correlation between FRTY and BBHM is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 17, 2025	0.67

Return for Risk

FRTY vs. BBHM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FRTY

FRTY Risk / Return Rank: 25
FRTY Sharpe Ratio Rank: 26
FRTY Sortino Ratio Rank: 25
FRTY Omega Ratio Rank: 24
FRTY Calmar Ratio Rank: 26
FRTY Martin Ratio Rank: 25

BBHM

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FRTY vs. BBHM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alger Mid Cap 40 ETF (FRTY) and BBH Select Mid Cap ETF (BBHM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FRTY	BBHM	Difference
Sharpe ratio: Return per unit of total volatility	0.85	—	—
Sortino ratio: Return per unit of downside risk	1.28	—	—
Omega ratio: Gain probability vs. loss probability	1.16	—	—
Calmar ratio: Return relative to maximum drawdown	1.16	—	—
Martin ratio: Return relative to average drawdown	2.99	—	—

Drawdowns

FRTY vs. BBHM - Drawdown Comparison

The maximum FRTY drawdown since its inception was -53.15%, which is greater than BBHM's maximum drawdown of -9.78%. Use the drawdown chart below to compare losses from any high point for FRTY and BBHM.

Drawdown Indicators

	FRTY	BBHM	Difference
Max Drawdown Largest peak-to-trough decline	-53.15%	-9.78%	-43.37%
Max Drawdown (1Y) Largest decline over 1 year	-19.75%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-31.48%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-53.15%	—	—
Current Drawdown Current decline from peak	-2.58%	-3.06%	+0.48%
Average Drawdown Average peak-to-trough decline	-27.69%	-2.97%	-24.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.64%	—	—

Volatility

Volatility by Period

	FRTY	BBHM	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.11%	—	—
Volatility (6M) Calculated over the trailing 6-month period	19.68%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	26.95%	18.18%	+8.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.43%	18.18%	+9.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.23%	18.18%	+9.05%

FRTY vs. BBHM - Expense Ratio Comparison

FRTY has a 0.60% expense ratio, which is lower than BBHM's 0.81% expense ratio.

Dividends

FRTY vs. BBHM - Dividend Comparison

FRTY's dividend yield for the trailing twelve months is around 0.17%, while BBHM has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
BBHM BBH Select Mid Cap ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FRTY Alger Mid Cap 40 ETF	0.17%	0.19%	0.10%	0.00%	0.00%	5.35%

Frequently Asked Questions

Can I hold both FRTY and BBHM in my portfolio?

FRTY and BBHM have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FRTY or BBHM?

On fees, FRTY is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FRTY or BBHM?

FRTY is cheaper with a 0.60% expense ratio, compared with 0.81% for BBHM.

Which ETF pays a higher dividend yield, FRTY or BBHM?

FRTY has the higher dividend yield at 0.17%, compared with 0.00% for BBHM.

What is the main difference between FRTY and BBHM?

They also come from different issuers: Alger Group Holdings LLC and BBH. Their fees differ too: 0.60% for FRTY and 0.81% for BBHM.