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AWEG - ETF AI Analysis
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Alger Weatherbie Enduring Growth ETF (AWEG)
Rating:64Neutral
Price Target:
$23.50
Positive Factors
Strong Top Holdings
Several top positions, such as HEICO and Compass, have delivered strong year-to-date gains, supporting the ETF’s overall performance.
Sector Diversification
The ETF invests across six major sectors, including Industrials, Health Care, and Technology, reducing reliance on any single industry.
Focused U.S. Exposure
With nearly all assets invested in U.S. companies, the ETF benefits from stability in a mature and regulated market.
Negative Factors
High Expense Ratio
The ETF charges a relatively high expense ratio compared to many passive funds, which can eat into investor returns over time.
Underperforming Holdings
Some key holdings, such as Upstart Holdings and Paylocity, have experienced significant year-to-date losses, dragging down overall performance.
Weak Recent Performance
The ETF has posted negative returns over the past month, three months, and year-to-date, signaling challenges in the current market environment.
AWEG vs. SPDR S&P 500 ETF (SPY)
AUM4.86M
RegionNorth America
Expense Ratio0.65%
Beta1.03
IssuerAlger
Inception DateMar 06, 2023
Dividend Yield3.97%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume886
30 Day Avg. Volume369
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
27.23Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering25
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
AWEG Summary
The Alger Weatherbie Enduring Growth ETF (AWEG) is an investment fund that focuses on mid-sized companies with strong growth potential. It includes businesses from various sectors, such as industrials, healthcare, and technology, and primarily invests in U.S.-based companies. Some of its top holdings are Transdigm Group and FirstService, which are known for their innovative approaches in their industries. This ETF could be a good choice for investors looking to diversify their portfolio and benefit from the growth of mid-cap companies. However, new investors should be aware that the fund’s performance can be affected by market fluctuations and the specific challenges faced by mid-sized companies.
How much will it cost me?The Alger Weatherbie Enduring Growth ETF (AWEG) has an expense ratio of 0.65%, meaning you’ll pay $6.50 per year for every $1,000 invested. This is higher than average because the fund is actively managed, focusing on selecting mid-cap growth companies with strong potential rather than tracking a broad index.
What would affect this ETF?The Alger Weatherbie Enduring Growth ETF (AWEG), focused on mid-cap growth companies in the U.S., could benefit from economic expansion and increased innovation in sectors like Industrials, Health Care, and Technology, which make up a significant portion of its holdings. However, rising interest rates or economic slowdowns could negatively impact growth-oriented companies, particularly in sectors like Real Estate and Financials. Regulatory changes or sector-specific challenges could also influence the performance of top holdings such as Transdigm Group and FirstService.
AWEG Top 10 Holdings
The Alger Weatherbie Enduring Growth ETF (AWEG) leans heavily into mid-cap growth stocks, with a notable concentration in the Industrials and Health Care sectors. Transdigm Group, the fund’s largest holding, has shown mixed performance recently, with steady year-to-date gains but struggles over the past quarter. Natera is a bright spot, rising on strong revenue growth and innovation, while Upstart Holdings is dragging the fund with persistent valuation and profitability challenges. Paylocity and ACADIA Pharmaceuticals have also faced headwinds, with bearish momentum offsetting their financial strengths. Overall, the fund’s U.S.-focused portfolio reflects a dynamic but uneven growth story.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Transdigm Group | 12.77% | $650.48K | $72.80B | -8.41% | 70 Outperform | |
| FirstService | 12.17% | $620.10K | $7.09B | -16.87% | 65 Neutral | |
| Natera | 6.34% | $323.04K | $26.96B | 57.45% | 70 Neutral | |
| Upstart Holdings | 6.08% | $309.90K | $4.50B | -22.66% | 47 Neutral | |
| ACADIA Pharmaceuticals | 5.49% | $279.50K | $3.69B | 41.42% | 73 Outperform | |
| Paylocity | 5.25% | $267.59K | $7.58B | -31.96% | 71 Outperform | |
| Compass | 4.45% | $226.69K | $4.48B | 21.69% | 56 Neutral | |
| SiteOne Landscape Supply | 4.29% | $218.58K | $5.60B | -17.49% | 71 Outperform | |
| HEICO | 4.29% | $218.41K | $38.12B | 21.77% | 74 Outperform | |
| Progyny | 4.13% | $210.57K | $1.60B | 17.61% | 70 Outperform |
AWEG Technical Analysis
Negative
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Price Trends
22.61
Negative
23.23
Negative
23.19
Negative
Market Momentum
-0.25
Negative
39.67
Neutral
11.58
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For AWEG, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 21.88, equal to the 50-day MA of 22.61, and equal to the 200-day MA of 23.19, indicating a bearish trend. The MACD of -0.25 indicates Negative momentum. The RSI at 39.67 is Neutral, neither overbought nor oversold. The STOCH value of 11.58 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AWEG.
AWEG Peer Comparison
Comparison Results
Performance Comparison
AWEG
Alger Weatherbie Enduring Growth ETF
21.62
-4.10
-15.94%
AFMC
First Trust Active Factor Mid Cap ETF
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MID.ETF
American Century Mid Cap Growth Impact ETF
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KMID
Virtus KAR Mid-Cap ETF
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MMID
MFS Active Mid Cap ETF
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JMID
Janus Henderson Mid Cap Growth Alpha ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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