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INVNvsFVETF Comparison

ETF 1

INVN

Alger Russell Innovation ETF

This fund is part of

US Large Cap

+0.65%

Full INVN fund page

VS

ETF 2

FV

First Trust Dorsey Wright Focus 5 ETF

This fund is part of

US Multi-Factor

+0.18%

Full FV fund page

Alger Russell Innovation ETF (INVN) belongs to the US Large Cap segment. First Trust Dorsey Wright Focus 5 ETF (FV) is part of the US Multi-Factor segment. INVN's top 3 sector exposures are Technology, Healthcare and Finance. In contrast, FV's top sector exposures are Technology, Healthcare and Industrials. INVN is more expensive with a Total Expense Ratio (TER) of 0.95%, versus 0.89% for FV. INVN is up 9.78% year-to-date (YTD) with -$7M in YTD flows. FV performs better with 11.22% YTD performance, and -$339M in YTD flows. Run a side-by-side ETF comparison of INVN and FV below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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INVN vs FV performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 07/31/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	INVN FV	+8.43%-7.88%	+16.54%+4.56%	+9.78%+11.22%	+22.96%+15.73%	n/a+44.66%	n/a+52.10%
Flows	INVN FV	-$2M+$8M	-$5M-$54M	-$7M-$339M	-$7M-$544M	--$1.06B	--$394M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	INVN FV	+28.14%+21.67%	+23.51%+17.67%	n/a+19.71%	n/a+20.90%
Max drawdown	INVN FV	-10.46%-9.33%	-20.34%-13.46%	n/a-22.88%	n/a-22.88%
Max drawdown duration	INVN FV	44d30d	142d96d	n/a248d	n/a248d

Trading data

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	INVN	FV
Last sale 8/3/2026 at 1:30 PM	$24.23	$70.15
Previous close 07/31/2026	$23.80	$69.52
Consolidated volume 07/31/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of July 31, 2026

1-year trailing difference

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	INVN	FV
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 8/3/2026 at 1:30 PM

Live

Closed

	INVN	FV
Last price	$24.23	$70.15
1D performance	+1.78%	+0.91%
AuM	$8.32 M	$3.63 B
E/R	0.95%	0.89%

Characteristics

	INVN	FV
Management strategy	Passive	Passive
Provider	Fred Alger Management	First Trust
Benchmark	Alger Russell Innovation Index	Dorsey Wright Focus Five Index
N° of holdings	50	203
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	January 6, 2025	March 5, 2014
ESG	No	No

More INVN data on Trackinsight

More FV data on Trackinsight

Exposure

Countries

INVN

USA

97.76%

Other

2.24%

FV

USA

92.54%

Other

7.46%

Sectors

INVN

Technology

58.56%

Healthcare

20.37%

Finance

8.26%

Other

12.81%

FV

Technology

53.86%

Healthcare

21.05%

Industrials

14.97%

Other

10.12%

Diversification

INVN

Total weight of top 15 holdings out of 15

33.06%

FV

Total weight of top 15 holdings out of 15

28.48%

Top 15 holdings

Data as of June 30, 2026

INVN

Roblox Corp.

2.56%

Zebra Technologies Corp.

2.37%

Expedia Group, Inc.

2.28%

Maplebear, Inc.

2.24%

Block, Inc.

2.23%

Zscaler, Inc.

2.21%

Bill Holdings, Inc.

2.18%

Biogen, Inc.

2.17%

CCC Intelligent Solutions Holdings, Inc.

2.14%

Etsy, Inc.

2.14%

Lyft, Inc.

2.13%

Dynatrace, Inc.

2.11%

Merck & Co., Inc.

2.11%

Incyte Corp.

2.10%

GitLab, Inc.

2.09%

FV

Micron Technology, Inc.

3.42%

Intel Corp.

3.06%

Marvell Technology, Inc.

2.72%

Advanced Micro Devices, Inc.

2.14%

KLA Corp.

1.81%

Applied Materials, Inc.

1.75%

Lam Research Corp.

1.72%

QUALCOMM, Inc.

1.57%

Tesla, Inc.

1.56%

NVIDIA Corp.

1.55%

Union Pacific Corp.

1.54%

Broadcom Inc.

1.49%

Ford Motor Co.

1.42%

General Motors Co.

1.41%

United Parcel Service, Inc.

1.31%

Frequently asked questions about INVN and FV

How have the INVN and FV ETFs performed in 2026?

As of July 31, 2026, INVN is up 9.78% year-to-date (YTD), while FV has returned 11.22%. That puts FV better performer ahead so far this year.

Which ETF is attracting more investor money: INVN or FV?

Year-to-date, the INVN ETF saw -$7M in flows, compared to -$339M for FV.

Which ETF is more volatile: INVN or FV?

Over the past year, INVN had a volatility of 23.51%, while FV experienced 17.67%.

Which ETF is bigger: INVN or FV?

As of July 31, 2026, INVN holds $8.32 M in assets under management (AUM), while FV manages $3.63 B.

What sectors do the INVN and FV ETFs invest in?

INVN leans toward sectors like Technology, Healthcare and Finance. Meanwhile, FV focuses on Technology, Healthcare and Industrials.

What are the top holdings of the INVN ETF and FV ETF?

INVN top holdings include Roblox Corp., Zebra Technologies Corp. and Expedia Group, Inc.. FV holds in its top three: Micron Technology, Inc., Intel Corp. and Marvell Technology, Inc..

INVNvsFVETF Comparison

Alger Russell Innovation ETF

First Trust Dorsey Wright Focus 5 ETF

INVN vs FV performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the INVN and FV ETFs performed in 2026?

As of July 31, 2026, INVN is up 9.78% year-to-date (YTD), while FV has returned 11.22%. That puts FV better performer ahead so far this year.

Which ETF is attracting more investor money: INVN or FV?

Year-to-date, the INVN ETF saw -$7M in flows, compared to -$339M for FV.

Which ETF is more volatile: INVN or FV?

Over the past year, INVN had a volatility of 23.51%, while FV experienced 17.67%.

Which ETF is bigger: INVN or FV?

As of July 31, 2026, INVN holds $8.32 M in assets under management (AUM), while FV manages $3.63 B.

What sectors do the INVN and FV ETFs invest in?

INVN leans toward sectors like Technology, Healthcare and Finance. Meanwhile, FV focuses on Technology, Healthcare and Industrials.

What are the top holdings of the INVN ETF and FV ETF?

INVN top holdings include Roblox Corp., Zebra Technologies Corp. and Expedia Group, Inc.. FV holds in its top three: Micron Technology, Inc., Intel Corp. and Marvell Technology, Inc..

Which ETF is more diversified: INVN or FV?

INVN holds 50 securities with 33.06% of its assets in the top 15. FV has 204 securities and a top 15 weight of 28.48%.

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