IWPvsFRTYETF Comparison
VS
iShares Russell Mid-Cap Growth ETF (IWP) belongs to the US Mid Cap Growth segment. Alger Mid Cap 40 ETF (FRTY) is part of the US Mid Cap segment. IWP's top 3 sector exposures are Technology, Industrials and Healthcare. In contrast, FRTY's top sector exposures are Technology, Healthcare and Industrials. IWP is less expensive with a Total Expense Ratio (TER) of 0.23%, versus 0.98% for FRTY. IWP is up 0.99% year-to-date (YTD) with -$1.30B in YTD flows. FRTY performs better with 5.92% YTD performance, and +$7M in YTD flows. Run a side-by-side ETF comparison of IWP and FRTY below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
IWP vs FRTY performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/11/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | IWP FRTY | -4.69%-4.09% | -1.80%-2.42% | +0.99%+5.92% | -4.63%+4.35% | +46.66%+72.85% | +21.32%+3.03% |
| Flows | IWP FRTY | -$506M+$2M | -$585M+$8M | -$1.30B+$7M | -$562M+$26M | +$800M+$86M | +$419M+$97M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | IWP FRTY | +18.32%+27.32% | +18.21%+27.62% | +19.86%+25.49% | +22.67%+26.19% |
| Max drawdown | IWP FRTY | -8.32%-14.38% | -14.82%-19.41% | -25.34%-31.82% | -38.70%-52.85% |
| Max drawdown duration | IWP FRTY | 43d73d | 245d230d | 134d262d | 1059d1666d |
Trading data
IWP | FRTY | |
Last sale 9/11/2026 at 1:30 PM | $138.00 | $22.23 |
| Previous close 09/10/2026 | $136.68 | $22.14 |
| Consolidated volume 09/10/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
FRTY
is actively managed and doesn’t replicate an indexIWP | FRTY | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 9/11/2026 at 1:30 PM
Live
Closed
IWP | FRTY | |
|---|---|---|
| Last price | $138.00 | $22.23 |
| 1D performance | +0.97% | +0.41% |
| AuM | $19.37 B | $145.84 M |
| E/R | 0.23% | 0.98% |
Characteristics
IWP | FRTY | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | iShares | Fred Alger Management |
| Benchmark | Russell Midcap Growth Index | - |
| N° of holdings | 265 | 39 |
| Asset class | Equities | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | July 17, 2001 | March 1, 2021 |
| ESG | No | No |
Advertisement
Exposure
Countries
IWP
USA
96.99%
Other
3.01%
FRTY
USA
79.73%
Other
20.27%
Sectors
IWP
Technology
32.07%
Industrials
17.59%
Healthcare
13.47%
Consumer Services
10.45%
Finance
8.54%
Other
17.87%
FRTY
Technology
27.47%
Healthcare
25.55%
Industrials
19.19%
Other
27.8%
Advertisement
Diversification
IWP
Total weight of top 15 holdings out of 15
27.24%
FRTY
Total weight of top 15 holdings out of 15
50.97%
Top 15 holdings
Data as of July 31, 2026
IWP
Snowflake, Inc.
2.91%
Cloudflare, Inc.
2.61%
Datadog, Inc.
2.57%
Simon Property Group, Inc.
2.15%
Comfort Systems USA, Inc.
1.73%
Cencora, Inc.
1.70%
Teradyne, Inc.
1.67%
Targa Resources Corp.
1.66%
Robinhood Markets, Inc.
1.61%
W.W. Grainger, Inc.
1.48%
Vistra Corp.
1.46%
Autodesk, Inc.
1.45%
Lumentum Holdings, Inc.
1.44%
Chipotle Mexican Grill, Inc.
1.43%
Marathon Petroleum Corp.
1.38%
FRTY
Twist Bioscience Corp.
4.76%
Liberty Media Corp.
4.69%
Cloudflare, Inc.
4.08%
HEICO Corp.
3.59%
Repligen Corp.
3.59%
Axon Enterprise, Inc.
3.45%
Comfort Systems USA, Inc.
3.33%
Monolithic Power Systems, Inc.
3.20%
Arrowhead Pharmaceuticals, Inc.
3.13%
Guardant Health, Inc.
3.11%
nLIGHT, Inc.
3.05%
Snowflake, Inc.
2.93%
Nebius Group NV
2.79%
RBC Bearings, Inc.
2.71%
Synopsys, Inc.
2.57%
Frequently asked questions about IWP and FRTY
How have the IWP and FRTY ETFs performed in 2026?
As of September 11, 2026, IWP is up 0.99% year-to-date (YTD), while FRTY has returned 5.92%. That puts FRTY better performer ahead so far this year.
Which ETF is attracting more investor money: IWP or FRTY?
Year-to-date, the IWP ETF saw -$1.30B in flows, compared to +$7M for FRTY.
Which ETF is more volatile: IWP or FRTY?
Over the past year, IWP had a volatility of 18.21%, while FRTY experienced 27.62%.
Which ETF is bigger: IWP or FRTY?
As of September 11, 2026, IWP holds $19.37 B in assets under management (AUM), while FRTY manages $145.84 M.
What sectors do the IWP and FRTY ETFs invest in?
IWP leans toward sectors like Technology, Industrials and Healthcare. Meanwhile, FRTY focuses on Technology, Healthcare and Industrials.
What are the top holdings of the IWP ETF and FRTY ETF?
IWP top holdings include Snowflake, Inc., Cloudflare, Inc. and Datadog, Inc.. FRTY holds in its top three: Twist Bioscience Corp., Liberty Media Corp. and Cloudflare, Inc..
Which ETF is more diversified: IWP or FRTY?
IWP holds 267 securities with 27.24% of its assets in the top 15. FRTY has 39 securities and a top 15 weight of 50.97%.
Advertisement
Advertisement
