FRTY vs MID
Alger Mid Cap 40 ETF vs American Century Mid Cap Growth Impact ETF
Which is better, FRTY or MID?
MID has been ahead.
MID has a lower expense ratio. MID led over 1Y and the full window.
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 | FRTY | MID |
|---|---|---|
| Expense Ratio | 0.60% | 0.39%Best |
| AUM | $129M | $104M |
| Dividend Yield | 0.19% | 0.14% |
| Holdings | 85 | 35 |
| Volatility (annualized) | 22.7% | 20.5%Best |
| Max Drawdown | -53.1% | -40.1%Best |
| $10,000 over 5.6 years | $12,026 | $13,496Best |
| Fund Family | Alger | American Century Investments |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Mid Cap Growth |
| Inception | Feb 26, 2021 | Jul 15, 2020 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 31 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. FRTY has data through Nov 9, 2026 and MID through Oct 9, 2026.
Volatility and max drawdown, and the $10,000 over 5.6 years row, are measured over the window both funds cover: Mar 1, 2021 to Oct 9, 2026 (5.6 years).
Risk: Volatility and Drawdowns
FRTY has been the more volatile fund, with annualized monthly volatility of 22.7% compared with 20.5% for MID. 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 -53.1% for FRTY and -40.1% for MID. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FRTY charges 0.60% per year while MID charges 0.39%. On a $10,000 position that is $60 vs $39 annually, a gap of $21 per year that compounds over a long holding period. On income, FRTY currently yields 0.19% against 0.14% for MID.
Holdings Overlap
At least 24.1% of MID's money is in holdings FRTY also owns.
Stated as a floor: for FRTY, our book for it covers 93.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
MID and FRTY share little of their money.
6 positions in common, counted across the 39 positions we hold weights for in FRTY and 34 in MID, against full books of 85 and 35.
Top Shared Holdings
24.1% of MID is already inside FRTY.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, FRTY or MID?
FRTY has an expense ratio of 0.60% while MID charges 0.39%. MID is the cheaper option, by $21 a year on a $10,000 investment.
Which is riskier, FRTY or MID?
FRTY has been the more volatile fund at 22.7% annualized versus 20.5% for MID. Worst drawdown: FRTY -53.1% vs MID -40.1%.
Should I hold both FRTY and MID?
FRTY and MID have a monthly-return correlation of 0.76, 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 FRTY and MID?
At least 24.1% of MID's money is in holdings FRTY also owns. Our book for FRTY is partial, so the real figure is this or higher. They hold 6 positions in common, counted across the 39 positions we hold weights for in FRTY and 34 in MID.
Which pays a higher dividend, FRTY or MID?
FRTY yields 0.19% while MID yields 0.14%, so FRTY currently pays the higher dividend yield.
Is MID better than FRTY?
MID has a lower expense ratio. MID led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.