AlgerMid-Cap BlendINVN · NYSE Arca

Alger Russell Innovation ETF (INVN)

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Price: $26.98; —12 Nov 2026
Assets: $10.7M; Total net assets
Expense ratio: 0.55%; Category 0.86%
Yield: 0.00%; Trailing distributions

1Y return: 26.0%+11.6%; Category 14.4%
3Y CAGR: —; Category 17.7%
5Y CAGR: —; Category 7.2%

$26.98—12 Nov 2026

Fund

Assets: $10.7M
Expense: 0.55%
Categ. exp: 0.86%
Yield: 0.00%

ReturnFundCateg.

1Y26.0%14.4%

3Y—17.7%

5Y—7.2%

Launch17.6%—

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Alger Russell Innovation 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: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	+2.9%	+1.5%	+34.9%	+24.6%	+26.0%	—	—	—	+17.6%
Mid-Cap Blend average	0.6%	-4.2%	3.4%	13.6%	14.4%	17.7%	7.2%	11.5%	12.1%
Difference	+2.3%	+5.7%	+31.4%	+11.1%	+11.6%	—	—	—	+5.5%

Holdings

The 10 largest positions make up 22.6% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
META	Meta Platforms Inc Class A	2.61%
QCOM	Qualcomm Inc	2.32%
CRUS	Cirrus Logic Inc	2.27%
NTNX	Nutanix Inc Class A	2.25%
RNG	RingCentral Inc Class A	2.20%
RBLX	Roblox Corp Ordinary Shares - Class A	2.20%
DOCU	Docusign Inc	2.20%
ESTC	Elastic NV	2.19%
BIIB	Biogen Inc	2.17%
U	Unity Software Inc Ordinary Shares	2.15%

Portfolio valuation

Weighted averages of what the fund holds.

P/E: 16.6
P/B: 3.4
P/S: 3.0
P/CF: 12.7

Sector allocation

Share of the equity the fund holds.

Technology57.5%
Health care22.2%
Communication services8.5%
Consumer discretionary7.7%
Financial services2.1%
Industrials2.0%

Asset mix

Stocks100.0%
Cash0.0%

ETF details

Issuer: Alger
Category: Equity · Mid-Cap Blend
Ticker: INVN
Exchange: NYSE Arca
Inception: 6 Jan 2025 (1.8 years)
Structure: Exchange Traded Fund
Expense ratio: 0.55% (category 0.86%)
Holdings turnover: 68% (category 65%)
Distribution yield: 0.00%
Beta, 3 years: 0.00
Total net assets: $10.7M

Prices and returns as of 12 Nov 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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