AlgerTechnologyALAI · NYSE Arca
Alger AI Enablers & Adopters ETF (ALAI)
- Price
- $45.17
- —11 Sept 2026
- Assets
- $1.1B
- Total net assets
- Expense ratio
- 0.58%
- Category 0.90%
- Yield
- 1.21%
- Trailing distributions
- 3Y CAGR
- —
- Category 26.7%
- 5Y CAGR
- —
- Category 11.2%
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Alger AI Enablers & Adopters ETF
Calendar-year returns
Fund only: no comparison series covers this fund's history.
Risk statistics
Five years of daily closes. Risk-free rate 4% a year.
- Standard deviation
- —
- Maximum drawdown
- —
- Sharpe ratio
- —
- Sortino ratio
- —
- Beta
- —
- Alpha
- —
- R²
- —
- Information ratio
- —
- Upside capture
- —
- Downside capture
- —
- Tracking error
- —
Holdings
The 10 largest positions make up 53.7% of the fund.
Top holdings
| Ticker | Holding | Weight |
|---|---|---|
| NVDA | NVIDIA Corp | 14.58% |
| MSFT | Microsoft Corp | 8.33% |
| AMZN | Amazon.com Inc | 6.65% |
| TSM | Taiwan Semiconductor Manufacturing Co Ltd ADR | 5.62% |
| GOOG | Alphabet Inc Class C | 3.70% |
| META | Meta Platforms Inc Class A | 3.44% |
| NBIS | Nebius Group NV Shs Class-A- | 3.26% |
| STX | Seagate Technology Holdings PLC | 3.18% |
| AVGO | Broadcom Inc | 2.70% |
| LITE | Lumentum Holdings Inc | 2.21% |
Portfolio valuation
Weighted averages of what the fund holds.
- P/E
- 28.7
- P/B
- 8.8
- P/S
- 7.9
- P/CF
- 23.5
Sector allocation
Share of the equity the fund holds.
- Technology57.4%
- Communication services13.3%
- Consumer discretionary11.6%
- Industrials6.3%
- Financial services5.3%
- Health care2.8%
- Utilities2.7%
- Materials0.7%
Asset mix
- Stocks95.2%
- Other4.1%
- Cash0.6%
- Preferred shares0.2%
ETF details
- Issuer
- Alger
- Category
- Equity · Technology
- Ticker
- ALAI
- Exchange
- NYSE Arca
- Inception
- 4 Apr 2024 (2.4 years)
- Structure
- Exchange Traded Fund
- Expense ratio
- 0.58% (category 0.90%)
- Holdings turnover
- 194% (category 58%)
- Distribution yield
- 1.21%
- Beta, 3 years
- 0.00
- Total net assets
- $1.1B
Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.
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