FRTY vs EWO

Comparison between ALGER MID CAP 40 ETF (FRTY, ETF) and ISHARES MSCI AUSTRIA ETF (EWO, ETF).

5-Year PerformanceEWO has outperformed FRTY, delivering a return of +14.5% compared to +3.9%

FRTY vs EWO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FRTY(ETF)	EWO(ETF)
Net Assets	$131M	$131M
Expense Ratio	0.60%	0.49%
Max Drawdown	55.59%	77.19%
Sharpe Ratio	0.78	1.76
5Y Beta	1.26	0.72
P/E Ratio	362.33	N/A
Forward P/E	40.21	N/A
PEG Ratio	-0.64	N/A
5Y Dividends CAGR	N/A	17.11%
5Y EPS CAGR	17.41%	N/A
Debt to Equity	27.83%	N/A
P/S Ratio	4.23	N/A
P/B Ratio	6.97	N/A

Net Assets

Winner

FRTY

$131M

EWO

$131M

Expense Ratio

FRTY

0.60%

Winner

EWO

0.49%

Max Drawdown

Winner

FRTY

55.59%

EWO

77.19%

Sharpe Ratio

FRTY

0.78

Winner

EWO

1.76

5Y Beta

FRTY

1.26

Winner

EWO

0.72

P/E Ratio

FRTY

362.33

EWO

N/A

Forward P/E

FRTY

40.21

EWO

N/A

PEG Ratio

FRTY

-0.64

EWO

N/A

5Y Dividends CAGR

FRTY

N/A

EWO

17.11%

5Y EPS CAGR

FRTY

17.41%

EWO

N/A

Debt to Equity

FRTY

27.83%

EWO

N/A

P/S Ratio

FRTY

4.23

EWO

N/A

P/B Ratio

FRTY

6.97

EWO

N/A

FRTY vs EWO - Historical Returns

Returns include dividend reinvestment.

Period	FRTY	EWO
1 month	+3.20%	+2.97%
3 months	+11.59%	+11.65%
6 months	+5.20%	+19.43%
1 year	+24.49%	+40.93%
5 years(CAGR)	+3.90%	+14.46%
10 years(CAGR)	N/A	+13.85%
Max(CAGR)	+2.75%	+8.73%

Winner

FRTY

+3.20%

EWO

+2.97%

FRTY

+11.59%

Winner

EWO

+11.65%

FRTY

+5.20%

Winner

EWO

+19.43%

FRTY

+24.49%

Winner

EWO

+40.93%

5Y(CAGR)

FRTY

+3.90%

Winner

EWO

+14.46%

10Y(CAGR)

FRTY

N/A

EWO

+13.85%

Max(CAGR)

FRTY

+2.75%

Winner

EWO

+8.73%

FRTY vs EWO - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	FRTY	EWO
2026	+4.84%	+11.97%
2025	+11.40%	+76.70%
2024	+40.62%	+5.70%
2023	+16.21%	+19.02%
2022	-42.24%	-22.04%
2021	+2.18%	+30.09%
2020	N/A	-4.96%
2019	N/A	+17.21%
2018	N/A	-24.17%
2017	N/A	+50.23%
2016	N/A	+9.17%
2015	N/A	+3.37%
2014	N/A	-19.71%
2013	N/A	+10.06%
2012	N/A	+27.62%
2011	N/A	-34.76%
2010	N/A	+12.07%
2009	N/A	+52.29%
2008	N/A	-63.61%
2007	N/A	+2.80%
2006	N/A	+31.44%
2005	N/A	+21.97%
2004	N/A	+69.66%
2003	N/A	+58.35%
2002	N/A	+18.58%
2001	N/A	-4.51%
2000	N/A	-14.30%
1999	N/A	-2.92%

FRTY vs EWO Drawdown Comparison

The maximum drawdown for FRTY was -53.10%, occurring on Oct 14, 2022. Recovery took 1144 trading sessions.

The maximum drawdown for EWO was -75.71%, occurring on Mar 9, 2009. Recovery took 4455 trading sessions.

The current FRTY drawdown is -5.72%. The current EWO drawdown is -3.12%.

Rank	FRTY	EWO
#1	-53.10% Nov 8, 2021 - Jun 2, 2026	-75.71% Jun 4, 2007 - Feb 14, 2025
#2	-11.62% Apr 28, 2021 - Jun 24, 2021	-27.90% Jan 7, 2000 - Jan 24, 2003
#3	-9.54% Sep 23, 2021 - Nov 1, 2021	-23.59% May 5, 2006 - Nov 29, 2006
#4	-8.45% Mar 15, 2021 - Apr 26, 2021	-16.75% Mar 18, 2025 - May 5, 2025
#5	-7.52% Mar 1, 2021 - Mar 15, 2021	-14.80% Mar 7, 2005 - Aug 1, 2005
#6	-6.78% Jul 6, 2021 - Jul 28, 2021	-14.08% Feb 11, 2026 - Apr 14, 2026
#7	-5.72% Jun 2, 2026 - Jun 5, 2026	-10.89% Sep 9, 2005 - Dec 13, 2005
#8	-3.02% Sep 7, 2021 - Sep 16, 2021	-10.61% Apr 12, 2004 - Jun 18, 2004
#9	-3.00% Aug 5, 2021 - Aug 12, 2021	-7.57% Aug 16, 2004 - Sep 29, 2004
#10	-2.89% Aug 12, 2021 - Aug 23, 2021	-7.39% Feb 26, 2007 - Mar 21, 2007
#11	-2.57% Sep 17, 2021 - Sep 22, 2021	-7.14% Nov 2, 1999 - Dec 27, 1999
#12	-1.34% Jun 28, 2021 - Jul 6, 2021	-6.90% Dec 30, 2004 - Feb 15, 2005
#13	-1.22% Jul 29, 2021 - Aug 4, 2021	-6.52% Jan 24, 2003 - Apr 10, 2003
#14	-1.06% Aug 25, 2021 - Aug 27, 2021	-6.10% Jul 2, 2003 - Oct 2, 2003
#15	-0.33% Aug 30, 2021 - Sep 1, 2021	-6.10% Aug 15, 2025 - Nov 25, 2025

Correlation

Correlation between FRTY and EWO is 0.70 which considered as a strong positive correlation - the stocks tend to move together.

0.70

-101

Dividend Comparison (2000 - 2025)

FRTY vs EWO dividend yield comparison.

Year	FRTY	EWO
2025	0.19%	2.38%
2024	0.10%	7.40%
2023	0.00%	5.66%
2022	0.00%	4.75%
2021	5.35%	2.42%
2020	0.00%	0.98%
2019	0.00%	3.11%
2018	0.00%	4.04%
2017	0.00%	2.03%
2016	0.00%	1.99%
2015	0.00%	1.51%
2014	0.00%	3.93%
2013	0.00%	2.02%
2012	0.00%	1.94%
2011	0.00%	4.16%
2010	0.00%	1.11%
2009	0.00%	4.56%
2008	0.00%	6.06%
2007	0.00%	1.93%
2006	0.00%	1.99%
2005	0.00%	1.06%
2004	0.00%	0.38%
2003	0.00%	1.28%
2002	0.00%	1.21%
2001	0.00%	1.87%
2000	0.00%	0.59%