evenfolioETF Details
Alger·Large Growth·CNEQ · NYSE Arca
Alger Concentrated Equity ETF (CNEQ)
- Price
- $37.14
- —30 Oct 2026
- Assets
- $3.2B
- Total net assets
- Expense ratio
- 0.56%
- Category 0.90%
- Yield
- 0.44%
- Trailing distributions
- 1Y return
- 3.5%-0.1%
- Category 3.6%
- 3Y CAGR
- —
- Category 23.8%
- 5Y CAGR
- —
- Category 8.6%
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Alger Concentrated Equity 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 | -8.6% | -3.4% | +1.1% | +8.0% | +3.5% | — | — | — | +27.3% |
| Large Growth average | -5.1% | -0.7% | 1.4% | 5.3% | 3.6% | 23.8% | 8.6% | 16.1% | 10.8% |
| Difference | -3.5% | -2.7% | -0.2% | +2.7% | -0.1% | — | — | — | +16.6% |
Holdings
The 10 largest positions make up 61.9% of the fund.
Top holdings
| Ticker | Holding | Weight |
|---|---|---|
| NVDA | NVIDIA Corp | 14.96% |
| MSFT | Microsoft Corp | 8.11% |
| GOOG | Alphabet Inc Class C | 6.16% |
| TSM | Taiwan Semiconductor Manufacturing Co Ltd ADR | 6.06% |
| AAPL | Apple Inc | 5.13% |
| AVGO | Broadcom Inc | 4.67% |
| NBIS | Nebius Group NV Shs Class-A- | 4.66% |
| AMZN | Amazon.com Inc | 4.18% |
| WDC | Western Digital Corp | 4.15% |
| META | Meta Platforms Inc Class A | 3.83% |
Portfolio valuation
Weighted averages of what the fund holds.
- P/E
- 27.2
- P/B
- 9.1
- P/S
- 7.9
- P/CF
- 23.9
Sector allocation
Share of the equity the fund holds.
- Technology54.1%
- Communication services17.3%
- Industrials10.4%
- Consumer discretionary9.9%
- Health care4.2%
- Utilities2.9%
- Financial services1.2%
Asset mix
- Stocks92.7%
- Cash5.3%
- Other2.0%
ETF details
- Issuer
- Alger
- Category
- Equity · Large Growth
- Ticker
- CNEQ
- Exchange
- NYSE Arca
- Inception
- 4 Apr 2024 (2.6 years)
- Structure
- Exchange Traded Fund
- Expense ratio
- 0.56% (category 0.90%)
- Holdings turnover
- 60% (category 62%)
- Distribution yield
- 0.44%
- Beta, 3 years
- 0.00
- Total net assets
- $3.2B
Prices and returns as of 30 Oct 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.
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