FRTY vs. MOAT
Compare and contrast key facts about Alger Mid Cap 40 ETF (FRTY) and VanEck Vectors Morningstar Wide Moat ETF (MOAT).
FRTY and MOAT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FRTY is an actively managed fund by Alger Group Holdings LLC. It was launched on Feb 26, 2021. MOAT is a passively managed fund by VanEck that tracks the performance of the Morningstar Wide Moat Focus Index. It was launched on Apr 24, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FRTY or MOAT.
Key characteristics
| FRTY | MOAT | |
|---|---|---|
| YTD Return | 41.10% | 14.76% |
| 1Y Return | 56.23% | 32.43% |
| 3Y Return (Ann) | -8.36% | 8.94% |
| Sharpe Ratio | 2.50 | 2.66 |
| Sortino Ratio | 3.15 | 3.67 |
| Omega Ratio | 1.43 | 1.48 |
| Calmar Ratio | 1.11 | 2.92 |
| Martin Ratio | 15.67 | 14.19 |
| Ulcer Index | 3.65% | 2.25% |
| Daily Std Dev | 22.88% | 11.99% |
| Max Drawdown | -55.59% | -33.31% |
| Current Drawdown | -24.55% | -0.60% |
Correlation
The correlation between FRTY and MOAT is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FRTY vs. MOAT - Performance Comparison
In the year-to-date period, FRTY achieves a 41.10% return, which is significantly higher than MOAT's 14.76% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FRTY vs. MOAT - Expense Ratio Comparison
FRTY has a 0.60% expense ratio, which is higher than MOAT's 0.48% expense ratio.
Risk-Adjusted Performance
FRTY vs. MOAT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alger Mid Cap 40 ETF (FRTY) and VanEck Vectors Morningstar Wide Moat ETF (MOAT). 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.
Dividends
FRTY vs. MOAT - Dividend Comparison
FRTY has not paid dividends to shareholders, while MOAT's dividend yield for the trailing twelve months is around 0.75%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRTY Alger Mid Cap 40 ETF | 0.00% | 0.00% | 0.00% | 5.35% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MOAT VanEck Vectors Morningstar Wide Moat ETF | 0.75% | 0.86% | 1.25% | 1.08% | 1.45% | 1.31% | 1.79% | 1.07% | 1.17% | 2.13% | 1.34% | 0.79% |
Drawdowns
FRTY vs. MOAT - Drawdown Comparison
The maximum FRTY drawdown since its inception was -55.59%, which is greater than MOAT's maximum drawdown of -33.31%. Use the drawdown chart below to compare losses from any high point for FRTY and MOAT. For additional features, visit the drawdowns tool.
Volatility
FRTY vs. MOAT - Volatility Comparison
Alger Mid Cap 40 ETF (FRTY) has a higher volatility of 6.15% compared to VanEck Vectors Morningstar Wide Moat ETF (MOAT) at 2.64%. This indicates that FRTY's price experiences larger fluctuations and is considered to be riskier than MOAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.