ATFV vs THRO
Alger 35 ETF vs iShares US Thematic Rotation Active ETF
Which is better, ATFV or THRO?
Each has led over a different period.
ATFV has a lower expense ratio. ATFV led over 3Y and the full window, THRO over 1Y and 5Y. THRO is less concentrated, with 43.7% of the fund in its ten largest positions against 55.4%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ATFV | THRO |
|---|---|---|
| Expense Ratio | 0.56%Best | 0.57% |
| AUM | $888M | $7.0B |
| Dividend Yield | 0.20% | 0.30% |
| Holdings | 74 | 500 |
| YTD Return | +0.94% | +11.21%Best |
| 1Y Return | +0.67% | +11.15%Best |
| 3Y Return (annualized) | +32.31%Best | +21.87% |
| 5Y Return (annualized) | +9.61% | +12.31%Best |
| Volatility (annualized) | 24.8% | 17.4%Best |
| Max Drawdown | -38.3% | -26.5%Best |
| $10,000 over 5 years | $15,822 | $17,869Best |
| Top 10 Weight | 55.4% | 43.7%Best |
| Fund Family | Alger | BlackRock, Inc. (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | May 4, 2021 | Dec 14, 2021 |
Volatility and max drawdown are measured over the window both funds cover: Dec 16, 2021 to Nov 11, 2026 (4.9 years).
ATFV vs THRO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4.9 years both funds cover.
ATFV vs THRO Performance
Alger 35 ETF (ATFV) is an ETF from Alger and iShares US Thematic Rotation Active ETF (THRO) is an ETF from BlackRock, Inc. (US). Over the past year ATFV returned +0.67% while THRO returned +11.15%. Year to date, ATFV is up 0.94% versus a gain of 11.21% for THRO.
Over three years, ATFV compounded at +32.31% per year against +21.87% for THRO; over five years the annualized figures are +9.61% and +12.31% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ATFV has been the more volatile fund, with annualized monthly volatility of 24.8% compared with 17.4% for THRO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -38.3% for ATFV and -26.5% for THRO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ATFV charges 0.56% per year while THRO charges 0.57%. On a $10,000 position that is $56 vs $57 annually, a gap of $1 per year that compounds over a long holding period. On income, ATFV currently yields 0.20% against 0.30% for THRO.
Holdings Overlap
64.2% of ATFV's money is in holdings THRO also owns. 32.1% of THRO's money is in holdings ATFV also owns.
The two portfolios partly overlap.
18 positions in common, counted across the 32 positions we hold weights for in ATFV and 247 in THRO, against full books of 74 and 500.
What only one of them owns
Our book lists 143 positions for THRO that do not appear in our book for ATFV (66.8% of the fund), and 12 for ATFV that do not appear in THRO (28.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in ATFV | Weight in THRO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 13.22% | 8.35% | 4.87% |
| MSFTMicrosoft Corp | 6.38% | 6.53% | 0.15% |
| AMZNAmazon.Com Inc | 6.00% | 4.58% | 1.42% |
| GOOGLAlphabet Inc | 6.24% | 3.89% | 2.35% |
| WDCWestern Digital Corp. | 4.85% | 0.17% | 4.68% |
| METAMeta Platforms Inc | 2.61% | 2.05% | 0.56% |
| AVGOBroadcom Inc | 2.48% | 2.11% | 0.37% |
| TSLATesla Inc | 1.89% | 1.36% | 0.53% |
| TMOThermo Fisher | 2.79% | 0.42% | 2.37% |
| LITELumentum Holdings Inc | 2.72% | 0.22% | 2.50% |
64.2% of ATFV is already inside THRO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ATFV or THRO?
ATFV has an expense ratio of 0.56% while THRO charges 0.57%. ATFV is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, ATFV or THRO?
Over the past year ATFV returned +0.67% vs +11.15% for THRO, so THRO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ATFV or THRO?
ATFV has been the more volatile fund at 24.8% annualized versus 17.4% for THRO. Worst drawdown: ATFV -38.3% vs THRO -26.5%.
Should I hold both ATFV and THRO?
ATFV and THRO have a monthly-return correlation of 0.87, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between ATFV and THRO?
64.2% of ATFV's money is in holdings THRO also owns. 32.1% of THRO's is in holdings ATFV also owns. They hold 18 positions in common, counted across the 32 positions we hold weights for in ATFV and 247 in THRO.
Which pays a higher dividend, ATFV or THRO?
ATFV yields 0.20% while THRO yields 0.30%, so THRO currently pays the higher dividend yield.
Is THRO better than ATFV?
ATFV has a lower expense ratio. ATFV led over 3Y and the full window, THRO over 1Y and 5Y. THRO is less concentrated, with 43.7% of the fund in its ten largest positions against 55.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.