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ALAIvsCNEQETF Comparison

ETF 1

ALAI

Alger AI Enablers & Adopters ETF

This fund is part of

AI & Big Data

-0.95%

Full ALAI fund page

VS

ETF 2

CNEQ

Alger Concentrated Equity ETF

This fund is part of

US Large Cap Growth

-0.54%

Full CNEQ fund page

Alger AI Enablers & Adopters ETF (ALAI) belongs to the AI & Big Data segment. Alger Concentrated Equity ETF (CNEQ) is part of the US Large Cap Growth segment. 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 up 9.86% year-to-date (YTD) with +$36M in YTD flows. CNEQ performs worse with 7.14% YTD performance, and +$242M 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.

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ALAI vs CNEQ performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 04/27/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	ALAI CNEQ	+24.05%+22.07%	+7.49%+5.21%	+9.86%+7.14%	+70.43%+58.93%	n/an/a	n/an/a
Flows	ALAI CNEQ	+$25M+$63M	+$31M+$228M	+$36M+$242M	+$273M+$416M	--	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	ALAI CNEQ	+27.65%+27.13%	+23.10%+22.36%	n/an/a	n/an/a
Max drawdown	ALAI CNEQ	-15.50%-15.61%	-18.30%-18.59%	n/an/a	n/an/a
Max drawdown duration	ALAI CNEQ	75d75d	169d174d	n/an/a	n/an/a

Trading data

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	ALAI	CNEQ
Last sale 4/28/2026 at 1:30 PM	$39.18	$36.26
Previous close 04/28/2026	$39.82	$36.86
Consolidated volume 04/28/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Main metrics

Last update 4/28/2026 at 1:30 PM

Live

Closed

	ALAI	CNEQ
Last price	$39.18	$36.26
1D performance	-1.62%	-1.63%
AuM	$358.43 M	$505.72 M
E/R	1.68%	1.62%

Characteristics

	ALAI	CNEQ
Management strategy	Active	Active
Provider	Fred Alger Management	Fred Alger Management
Benchmark	-	-
N° of holdings	39	21
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	April 5, 2024	April 5, 2024
ESG	No	No

More ALAI data on Trackinsight

More CNEQ data on Trackinsight

Exposure

Countries

ALAI

USA

75.38%

Other

24.62%

CNEQ

USA

78.41%

Other

21.59%

Sectors

ALAI

Information Techn.

40.83%

Communication Ser.

15.73%

Consumer Discreti.

10.34%

Other

33.1%

CNEQ

Information Techn.

38.69%

Communication Ser.

14.56%

Consumer Discreti.

11.27%

Other

35.48%

Diversification

ALAI

Total weight of top 15 holdings out of 15

69.6%

CNEQ

Total weight of top 15 holdings out of 15

76.64%

Top 15 holdings

Data as of March 31, 2026

ALAI

NVIDIA

14.67%

MICROSOFT-T

6.82%

AMAZON.COM INC

6.36%

US8740391003

5.88%

ALPHABET INC-CL

5.35%

YANDEX

4.87%

WESTERN DIGITAL

4.83%

BROADCOM LIMITED

4.45%

META PLATFORMS

3.90%

APPLE

3.27%

TESLA

2.89%

US81141R1005

1.84%

APPLOVIN

1.61%

US36828A1016

1.50%

NATERA

1.36%

CNEQ

NVIDIA

14.88%

MICROSOFT-T

8.13%

AMAZON.COM INC

6.62%

US8740391003

5.79%

ALPHABET INC-CL

5.76%

YANDEX

5.24%

APPLE

4.87%

BROADCOM LIMITED

4.86%

TESLA

3.86%

WESTERN DIGITAL

3.27%

US36828A1016

2.95%

META PLATFORMS

2.91%

APPLOVIN

2.68%

GFL ENVIRONMENTAL INC

2.63%

HEICO

2.19%

Frequently asked questions about ALAI and CNEQ

How have the ALAI and CNEQ ETFs performed in 2026?

As of April 27, 2026, ALAI is up 9.86% year-to-date (YTD), while CNEQ has returned 7.14%. That puts ALAI better performer ahead so far this year.

Which ETF is attracting more investor money: ALAI or CNEQ?

Year-to-date, the ALAI ETF saw +$36M in flows, compared to +$242M for CNEQ.

Which ETF is more volatile: ALAI or CNEQ?

Over the past year, ALAI had a volatility of 23.1%, while CNEQ experienced 22.36%.

Which ETF is bigger: ALAI or CNEQ?

As of April 27, 2026, ALAI holds $358.43 M in assets under management (AUM), while CNEQ manages $505.72 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.

ALAIvsCNEQETF Comparison

Alger AI Enablers & Adopters ETF

Alger Concentrated Equity ETF

ALAI vs CNEQ performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the ALAI and CNEQ ETFs performed in 2026?

As of April 27, 2026, ALAI is up 9.86% year-to-date (YTD), while CNEQ has returned 7.14%. That puts ALAI better performer ahead so far this year.

Which ETF is attracting more investor money: ALAI or CNEQ?

Year-to-date, the ALAI ETF saw +$36M in flows, compared to +$242M for CNEQ.

Which ETF is more volatile: ALAI or CNEQ?

Over the past year, ALAI had a volatility of 23.1%, while CNEQ experienced 22.36%.

Which ETF is bigger: ALAI or CNEQ?

As of April 27, 2026, ALAI holds $358.43 M in assets under management (AUM), while CNEQ manages $505.72 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, MICROSOFT-T and AMAZON.COM INC. CNEQ holds in its top three: NVIDIA, MICROSOFT-T and AMAZON.COM INC.

Which ETF is more diversified: ALAI or CNEQ?

ALAI holds 41 securities with 69.6% of its assets in the top 15. CNEQ has 23 securities and a top 15 weight of 76.64%.

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