ALAIvsFELGETF Comparison
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Alger AI Enablers & Adopters ETF (ALAI) belongs to the AI & Big Data segment. Fidelity Enhanced Large Cap Growth ETF (FELG) 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 0.18% for FELG. ALAI is up 26% year-to-date (YTD) with +$73M in YTD flows. FELG performs worse with 4.84% YTD performance, and +$698M in YTD flows. Run a side-by-side ETF comparison of ALAI and FELG 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 FELG performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 06/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | ALAI FELG | +8.91%-0.52% | +32.60%+12.22% | +26.00%+4.84% | +57.71%+22.50% | n/an/a | n/an/a |
| Flows | ALAI FELG | +$27M+$147M | +$64M+$473M | +$73M+$698M | +$298M+$1.27B | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | ALAI FELG | +28.96%+19.77% | +24.16%+16.16% | n/an/a | n/an/a |
| Max drawdown | ALAI FELG | -9.72%-7.40% | -18.30%-16.12% | n/an/a | n/an/a |
| Max drawdown duration | ALAI FELG | 14d21d | 169d188d | n/an/a | n/an/a |
Trading data
ALAI | FELG | |
Last sale 6/17/2026 at 1:30 PM | $45.42 | $43.19 |
| Previous close 06/16/2026 | $45.63 | $43.72 |
| Consolidated volume 06/16/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 6/17/2026 at 1:30 PM
Live
Closed
ALAI | FELG | |
|---|---|---|
| Last price | $45.42 | $43.19 |
| 1D performance | -0.46% | -1.21% |
| AuM | $448.72 M | $5.71 B |
| E/R | 1.68% | 0.18% |
Characteristics
ALAI | FELG | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Fred Alger Management | Fidelity |
| Benchmark | - | - |
| N° of holdings | 41 | 97 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | April 5, 2024 | November 20, 2023 |
| ESG | No | No |
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Exposure
Countries
ALAI
USA
71.57%
Other
28.43%
FELG
USA
97.94%
Other
2.06%
Sectors
ALAI
Information Techn.
38.24%
Communication Ser.
11.75%
Consumer Discreti.
10.37%
Other
39.64%
FELG
Information Techn.
54.08%
Communication Ser.
13.56%
Consumer Discreti.
11.08%
Other
21.28%
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Diversification
ALAI
Total weight of top 15 holdings out of 15
63.2%
FELG
Total weight of top 15 holdings out of 15
70.62%
Top 15 holdings
Data as of April 30, 2026
ALAI
NVIDIA
14.96%
AMAZON.COM INC
7.04%
MICROSOFT-T
6.05%
US8740391003
5.76%
ALPHABET INC-CL
5.39%
WESTERN DIGITAL
5.38%
META PLATFORMS
4.88%
APPLE
2.84%
TESLA
2.39%
APPLOVIN
2.10%
US81141R1005
1.63%
US36828A1016
1.41%
ROKU INC
1.17%
NATERA
1.14%
ARISTA NETWORKS
1.06%
FELG
NVIDIA
14.87%
APPLE
11.44%
MICROSOFT-T
8.74%
BROADCOM LIMITED
6.32%
AMAZON.COM INC
5.00%
ALPHABET INC-CL
4.26%
META PLATFORMS
4.17%
ALPHABET INC-CL
3.51%
TESLA
2.86%
LILLY
2.08%
MASTERCARD
1.79%
ABBVIE
1.58%
GENERAL ELECTRIC
1.42%
US5128073062
1.40%
VISA INCORPORATION
1.21%
Frequently asked questions about ALAI and FELG
How have the ALAI and FELG ETFs performed in 2026?
As of June 16, 2026, ALAI is up 26% year-to-date (YTD), while FELG has returned 4.84%. That puts ALAI better performer ahead so far this year.
Which ETF is attracting more investor money: ALAI or FELG?
Year-to-date, the ALAI ETF saw +$73M in flows, compared to +$698M for FELG.
Which ETF is more volatile: ALAI or FELG?
Over the past year, ALAI had a volatility of 24.16%, while FELG experienced 16.16%.
Which ETF is bigger: ALAI or FELG?
As of June 16, 2026, ALAI holds $448.72 M in assets under management (AUM), while FELG manages $5.71 B.
What sectors do the ALAI and FELG ETFs invest in?
ALAI leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, FELG focuses on Information Technology, Communication Services and Consumer Discretionary.
What are the top holdings of the ALAI ETF and FELG ETF?
ALAI top holdings include NVIDIA, AMAZON.COM INC and MICROSOFT-T. FELG holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: ALAI or FELG?
ALAI holds 43 securities with 63.2% of its assets in the top 15. FELG has 108 securities and a top 15 weight of 70.62%.
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Latest news about ALAI & FELG
Key Takeaways from the 2024 Trackinsight Global ETF Survey: Active ETFs
February 16, 2024
FELG
Fidelity Continues Trend of Mutual Fund Conversions to ETFs
November 27, 2023
FELG
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