ALAI
Alger AI Enablers & Adopters ETF
Global
EQUITY
Active
MANAGEMENT STYLE
$ 2.5 B
ASSETS UNDER MGMT
55 bp
EXPENSES
Fund Basics
| Inception date | Apr 04, 2024 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Annually |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| NVIDIA CORP | 12.9 % |
| MICROSOFT CORP | 9.4 % |
| TAIWAN SEMICONDUCTOR-SP ADR | 5.8 % |
| AMAZON.COM INC | 5.2 % |
| ALPHABET INC. CLASS C | 4.9 % |
| META PLATFORMS INC | 3.9 % |
| BROADCOM INC. | 3.8 % |
| NEBIUS GROUP NV | 3.3 % |
| SEAGATE TECHNOLOGY HOLDINGS PLC | 3.0 % |
| TALEN ENERGY CORP ORDINARY SHARES NEW | 2.2 % |
Constituent Breakdown
| Number of holdings | 77 |
| Herfindahl-Hirschman Index | 442 |
| Wgt avg mkt cap (mns) | $1,877,170 |
| Large cap (>$10bn) | 87.0% |
| Mid cap ($2-10bn) | 2.2% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 85.8% |
| Emerging mkts. | 6.7% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 75.4 % |
 |
TAIWAN | 5.8 % |
 |
NETHERLANDS | 3.8 % |
 |
IRELAND | 3.5 % |
 |
CANADA | 1.9 % |
 |
SINGAPORE | 0.8 % |
Historical Performance
Standardized Performance (as of 09/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 28.7% | 23.9% | 41.4% | -- | -- | -- | -- | 40.1% |
| Dividend Yield | 0.0% | 1.9% | 1.5% | -- | -- | -- | -- | 1.2% |
| Total Returns | 28.7% | 25.8% | 42.9% | -- | -- | -- | -- | 41.3% | Ann. Volatility | 28.9% | 27.6% | 29.7% | -- | -- | -- | -- | 28.6% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.86 | 71% |
| MSCI EAFE | 1.10 | 39% |
| MSCI Emg Mkts | 0.87 | 62% |
Liquidity Measures
| Avg. volume (000) | 61 |
| ADV traded (mns) | $3 |
| Turnover | 0.1% |
| Avg. Bid/Ask (% of price) | 0.34% |
Technical Indicators
| 30d moving avg. (EMA) | $0.00 |
| Relative strength (RSI) | 0 |
| MACD/Signal | 0.00/0.00 |
| Bollinger Bands (Upper/Lower) | $0.00/$0.00 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. ALAI |
Expenses vs. ALAI |
ALTAR Score™ vs. ALAI |
|---|---|---|---|---|
| NYSX | Global X NYSE 100 ETF | 56.1% | -46 bp | +1.7% |
| SCHG | Schwab U.S. Large-Cap Growth ETF | 51.6% | -51 bp | +1.8% |
| ONEQ | Fidelity Nasdaq Composite Index ETF | 50.1% | -34 bp | +1.3% |
| PRXG | Praxis Impact Large Cap Growth ETF | 50.0% | -19 bp | +1.5% |
| VUG | Vanguard Growth ETF | 49.8% | -51 bp | +2.1% |
| IVW | iShares S&P 500 Growth ETF | 49.2% | -37 bp | +1.9% |
| SPYG | State Street SPDR Portfolio S&P 500 Growth ETF | 49.1% | -51 bp | +2.1% |
| VOOG | Vanguard S&P 500 Growth ETF | 49.1% | -48 bp | +2.1% |
| MGK | Vanguard Mega Cap Growth ETF | 49.0% | -48 bp | +2.1% |
| IUSG | iShares Core S&P U.S. Growth ETF | 48.7% | -51 bp | +2.1% |
Risk and Returns: ALAI vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 10/22/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
2.8%
ALTAR SCORE™
25th
PERCENTILE
UNDERWEIGHT
ETFRC RATING
There are 738 funds in the Global Equity category with an average
ALTAR Score™ of 4.6% and a standard deviation
of 2.7%. ALAI's ALTAR Score™ is approximately -0.7 standard
deviations above the category average. This places ALAI in the 25th percentile
among funds in the category.
Sell-Side Consensus
$57.76
PRICE TARGET
+30.3%
UPSIDE