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ALAIvsCNEQETF Comparison
Alger AI Enablers & Adopters ETF (ALAI) and Alger Concentrated Equity ETF (CNEQ) have similar underlying exposures to countries and sectors. Both ETFs have the same top 3 sector exposures: Information Technology, Communication Services and Consumer Discretionary. ALAI is more expensive with a Total Expense Ratio (TER) of 1.68%, versus 1.62% for CNEQ. ALAI is down -4.53% year-to-date (YTD) with +$9M in YTD flows. CNEQ performs better with -3.9% YTD performance, and +$128M in YTD flows. Run a side-by-side ETF comparison of ALAI and CNEQ below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
ALAI vs CNEQ performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | ALAI CNEQ | -1.29%-2.16% | -6.69%-5.97% | -4.53%-3.90% | +52.08%+44.58% | n/an/a | n/an/a |
| Flows | ALAI CNEQ | -$6M+$98M | +$6M+$136M | +$9M+$128M | +$244M+$307M | -- | -- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | ALAI CNEQ | +23.86%+23.25% | +29.21%+28.27% | n/an/a | n/an/a |
| Max drawdown | ALAI CNEQ | -10.45%-10.04% | -18.24%-17.95% | n/an/a | n/an/a |
| Max drawdown duration | ALAI CNEQ | 58d58d | 43d43d | n/an/a | n/an/a |
ALAI | CNEQ | |
Last sale 3/13/2026 at 1:30 PM | $33.59 | $32.10 |
| Previous close 03/12/2026 | $33.84 | $32.29 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
ALAI | CNEQ | |
|---|---|---|
| Last price | $33.59 | $32.10 |
| 1D performance | -0.74% | -0.59% |
| AuM | $286.42 M | $340.21 M |
| E/R | 1.68% | 1.62% |
ALAI | CNEQ | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Fred Alger Management | Fred Alger Management |
| Benchmark | - | - |
| N° of holdings | 36 | 22 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | April 5, 2024 | April 5, 2024 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the ALAI and CNEQ ETFs performed in 2026?
As of March 11, 2026, ALAI is down -4.53% year-to-date (YTD), while CNEQ has lost -3.9%. That puts CNEQ better performer ahead so far this year.
Which ETF is attracting more investor money: ALAI or CNEQ?
Year-to-date, the ALAI ETF saw +$9M in flows, compared to +$128M for CNEQ.
Which ETF is more volatile: ALAI or CNEQ?
Over the past year, ALAI had a volatility of 29.21%, while CNEQ experienced 28.27%.
Which ETF is bigger: ALAI or CNEQ?
As of March 11, 2026, ALAI holds $286.42 M in assets under management (AUM), while CNEQ manages $340.21 M.
What sectors do the ALAI and CNEQ ETFs invest in?
ALAI leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, CNEQ focuses on Information Technology, Communication Services and Consumer Discretionary.
What are the top holdings of the ALAI ETF and CNEQ ETF?
ALAI top holdings include NVIDIA, AMAZON.COM INC and MICROSOFT-T. CNEQ holds in its top three: NVIDIA, MICROSOFT-T and AMAZON.COM INC.
Which ETF is more diversified: ALAI or CNEQ?
ALAI holds 38 securities with 72.47% of its assets in the top 15. CNEQ has 25 securities and a top 15 weight of 77.8%.
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