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See exactly how ATFV's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
The same diagram the Chart Builder draws, right on the Summary tab. Upgrade to unlock it for ATFV and 80,000+ other tickers.
Under typical market conditions, the Alger 35 ETF (ATFV) constructs a focused portfolio, generally holding approximately 35 equity securities. These investments target companies, irrespective of their market capitalization, that the fund's Manager identifies as experiencing "Positive Dynamic Change." A significant portion of the fund's capital is allocated to technology companies, specifically those poised to capitalize on or drive technological improvements, advancements, or developments. The fund's equity holdings may comprise both common and preferred stocks. It operates as a non-diversified investment vehicle.
As markets change, investors are increasingly looking toward high-conviction, active vehicles like the Alger 35 ETF (ATFV) to find companies adapting to disruptive shifts and creating lasting value. ATFV seeks to capitalize on major technological transformations, including the rapid expansion of AI infrastructure.
Alger 35 ETF is a concentrated, actively managed growth ETF with 34 holdings, heavily weighted toward technology and large U.S. companies. ATFV has greatly outperformed benchmarks and competitors over the past three years but lags QQQ since inception, with high volatility and deep drawdowns. ATFV is best positioned for tactical allocation or swing trading rather than as a long-term holding due to its risk profile and performance history.
Growth stocks are demonstrating stronger fundamentals than value stocks, with growth companies posting higher earnings growth and healthier balance sheets, despite investor concerns about tariffs and deficits. Growth indices currently show 14.4% projected long-term earnings per share growth, according to Alger's Winter 2026 Capital Markets presentation.
Investors questioning whether hyperscaler spending on AI infrastructure will deliver returns may find comfort in new research. The major cloud providers — Alphabet Inc. (GOOGL), Amazon.com, Inc. (AMZN), Meta Platforms, Inc. (META), and Microsoft Corp. (MSFT) — have increased their investments while boosting profitability metrics.
The Alger 35 ETF offers concentrated exposure to tech and communications, outperforming major peers with nearly 35% annual returns. ATFV's active management and focused 34-stock portfolio have driven strong NAV growth and outperformance since inception. Despite outperformance, ATFV trades at a premium valuation (P/E 33.51x) and has a higher expense ratio than some competitors.