evenfolioETF Details
Alger·Technology·ALAI · NYSE Arca
Alger AI Enablers & Adopters ETF (ALAI)
- Price
- $41.30
- —30 Oct 2026
- Assets
- $1.3B
- Total net assets
- Expense ratio
- 0.58%
- Category 0.90%
- Yield
- 1.16%
- Trailing distributions
- 1Y return
- 10.4%-5.2%
- Category 15.6%
- 3Y CAGR
- —
- Category 29.6%
- 5Y CAGR
- —
- Category 9.5%
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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
- —
| Period | 1M | 3M | 6M | YTD | 1Y | 3YCAGR | 5YCAGR | 10YCAGR | LaunchCAGR |
|---|---|---|---|---|---|---|---|---|---|
| ETF | -11.1% | -4.0% | +3.0% | +14.4% | +10.4% | — | — | — | +33.7% |
| Technology average | -11.5% | -1.8% | 5.4% | 21.0% | 15.6% | 29.6% | 9.5% | 18.3% | 5.9% |
| Difference | +0.3% | -2.2% | -2.3% | -6.7% | -5.2% | — | — | — | +27.9% |
Holdings
The 10 largest positions make up 56.0% of the fund.
Top holdings
| Ticker | Holding | Weight |
|---|---|---|
| NVDA | NVIDIA Corp | 13.41% |
| MSFT | Microsoft Corp | 8.08% |
| TSM | Taiwan Semiconductor Manufacturing Co Ltd ADR | 5.79% |
| META | Meta Platforms Inc Class A | 5.18% |
| AMZN | Amazon.com Inc | 4.85% |
| GOOG | Alphabet Inc Class C | 4.48% |
| NBIS | Nebius Group NV Shs Class-A- | 4.29% |
| AVGO | Broadcom Inc | 3.82% |
| STX | Seagate Technology Holdings PLC | 3.69% |
| MU | Micron Technology Inc | 2.43% |
Portfolio valuation
Weighted averages of what the fund holds.
- P/E
- 29.0
- P/B
- 9.4
- P/S
- 8.7
- P/CF
- 23.9
Sector allocation
Share of the equity the fund holds.
- Technology58.8%
- Communication services16.4%
- Consumer discretionary9.0%
- Industrials5.7%
- Financial services4.0%
- Health care3.1%
- Utilities2.6%
- Materials0.5%
Asset mix
- Stocks95.0%
- Other3.4%
- Cash1.5%
- Preferred shares0.1%
ETF details
- Issuer
- Alger
- Category
- Equity · Technology
- Ticker
- ALAI
- Exchange
- NYSE Arca
- Inception
- 4 Apr 2024 (2.6 years)
- Structure
- Exchange Traded Fund
- Expense ratio
- 0.58% (category 0.90%)
- Holdings turnover
- 194% (category 58%)
- Distribution yield
- 1.16%
- Beta, 3 years
- 0.00
- Total net assets
- $1.3B
Prices and returns as of 30 Oct 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.
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