Skip to content
etf.net

Launched · SEC filings

Alger 35 ETF

ATFVNYSE ArcaAlgerC

$35.31−0.95 (−2.62%)

At close: Nov 2, 2026, 4:00 PM ET

C46/ 100

Rank 50 of 90 in US Active Growth

C46/100Rank 50 of 90inUS Active Growth
Intraday session: down, 77 prints from 36.26 to 35.31. Range 35.31 to 36.57. Use the arrow keys to read each point.35.5035.7536.0036.5010 AM12 PM2 PM4 PM
Expense ratio
0.56%*
Fund size
$941M
1Y total return
−2.9%
Yield · Last 12 months
0.20%
Holdings
36
Avg volume · 30D
56.6K sh
52W range
low $29.73high $42.00
Launched
Filings
SEC EDGAR

*After a fee waiver that ends Dec 31, 2027. Without it: 0.77%.

The ETF.net ATFV Grade

C

Score 46 out of 100

Category
US Active Growth⁠
Rank
50 of 90
Six-pillar profile for ATFV. Scores out of 100: Cost 47, Risk 35, Mission 61, Tradability 47, Holdings 48, Durability 83. Strongest: Durability (83). Weakest: Risk (35). Leans toward Durability.

Score 46 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C47 out of 100
    Rank 43 of 90

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    B61 out of 100
    Rank 19 of 27

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D35 out of 100
    Rank 70 of 85

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C47 out of 100
    Rank 50 of 90

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C48 out of 100
    Rank 59 of 90

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A83 out of 100
    Rank 11 of 90

Our read on ATFV

ETF.net Research

In short

CAlger's best-ideas book: roughly 35 high-conviction growth names, and one of the few ETFs that keeps its holdings confidential, pricing off a verified value published every second instead. The 35 is a memorial to colleagues lost on 9/11.

Stated mandate

The fund seeks long-term capital appreciation through an actively managed portfolio of approximately 35 stocks selected as the manager’s best ideas in highly disrupted market segments.

Why people hold it

  • Real conviction, not closet indexing. About 40 holdings of any market cap, chosen as the firm's best ideas in the most disrupted segments of the market, with a documented tilt toward technology.alger.comsec.gov
  • 0.56% net of a waiver through December 31, 2027 (0.77% gross), which lands near the category median. Modest pricing for a concentrated, non-transparent active mandate, and the fund has grown into the multi-billion-dollar tier.
  • The confidential-account structure lets the manager build and exit positions without the market reading over its shoulder. SEC staff note most active ETFs disclose holdings daily; this one does not.sec.govsec.gov 2
  • The 35-stock count is deliberate: Alger named the fund for the 35 colleagues the firm lost in the September 11 attacks.alger.com

Worth knowing

  • No daily holdings list. You trade against a per-second indicative value, and Alger's own disclosure warns shares may carry wider bid/ask spreads than fully transparent ETFs, especially in volatile markets.alger.comsec.gov
  • Non-diversified by design, so one position can move results far more than in a broad index fund, and the technology focus concentrates the ride further.sec.govsec.gov 2
  • That 0.56% rate leans on a waiver through December 31, 2027; gross is 0.77%. Top-scoring peers such as JUSA and FELG charge 0.18%, so you are paying up for the stock picking.

ATFV Performance

Launched May 3, 2021

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.
ATFV$9,707
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,146
Oct 31, 2025 to Nov 2, 2026. ATFV $9,707. SPY $11,146. Use the arrow keys to read each point.$9,000$10,000$11,000Oct 2025May 2026Nov 2026

Oct 31, 2025 – Nov 2, 2026

Returns run to the Nov 2, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for ATFV. Periods over one year show the average yearly return.
PeriodATFV
Year to date+1.3%
1 month−13.8%
3 months−8.0%
1 year−2.9%
3 yearsper year+34.2%
5 yearsper year+9.5%
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for ATFV
YearReturn barATFV
2026 YTD+1.3%
2025+38.2%
2024+46.2%
2023+32.7%
2022−35.9%
2021+4.2%

History from May 4, 2021

ATFV in the news

ATFV Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 2, 2026.
0.20%Last 12 months
Payout per share
$0.07Last 12 months
Last payment
$0.07 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2022–2026

One bar per payment. 4 payments from 2022 to 2026 YTD. Dec 21, 2022 $0.0074; Dec 20, 2023 $0.0015; Dec 18, 2024 $0.04; Dec 18, 2025 $0.07. Use the arrow keys to read each point.20222023202420252026YTD
Ex-datePay dateAmount per share
Dec 18, 2025Dec 31, 2025$0.07
Dec 18, 2024Dec 31, 2024$0.04
Dec 20, 2023Dec 29, 2023$0.0015
Dec 21, 2022Dec 30, 2022$0.0074

$10,000 in ATFV 5 years ago paid $52.35 in dividends.

ATFV Risk

Risk pillarD35 out of 100Rank 70 of 85 in US Active Growth
How much the fund’s monthly returns vary, scaled to a year.
24.7%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.22
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−45.3%
Trough Dec 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.59
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

ATFV Cost

Compare ATFV and FELG

Overpaying vs FELG, tied cheapest in US Active Growth

$7,339

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • ATFV 0.56%

    $11,088

  • FELG 0.18% Tied cheapest

    $3,749

$10,000
30 years

Cost over time

  • ATFV 0.56%
  • FELG 0.18%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530ATFV $11,088FELG $3,749

Year by year

YearATFVFELGOverpaying
10$1,006$328$678
20$3,855$1,281$2,574
30$11,088$3,749$7,339
How the 0.56% is worked out

Full fee 0.77%− waiver 0.21%= you pay 0.56%

The waiver ends Dec 31, 2027. After that the fee is 0.77% unless Alger renews it. Source: prospectus, Apr 2026.

Other funds in US Active Growth

See others