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ALAIvsIWFETF Comparison

ETF 1
ALAI

Alger AI Enablers & Adopters ETF

This fund is part of
AI & Big Data
-1.94%
Full ALAI fund page
VS
ETF 2
IWF

iShares Russell 1000 Growth ETF

This fund is part of
US Large Cap Growth
-1.74%
Full IWF fund page

Alger AI Enablers & Adopters ETF (ALAI) belongs to the AI & Big Data segment. iShares Russell 1000 Growth ETF (IWF) is part of the US Large Cap Growth segment. ALAI's top 3 sector exposures are Information Technology, Communication Services and Consumer Discretionary. In contrast, IWF's top sector exposures are Information Technology, Consumer Discretionary and Communication Services. ALAI is more expensive with a Total Expense Ratio (TER) of 1.68%, versus 0.18% for IWF. ALAI is down -4.53% year-to-date (YTD) with +$9M in YTD flows. IWF performs worse with -6.31% YTD performance, and -$3.44B in YTD flows. Run a side-by-side ETF comparison of ALAI and IWF 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 IWF performance and flow charts

Performance

-5.0-4.0-3.0-2.0-1.00.01.0%Feb 11Feb 19Feb 26Mar 5Mar 12

Cumulative Flows

0 M200 M400 M600 MFeb 11Feb 19Feb 26Mar 5Mar 12

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Historic performance and flows
Data as of 03/11/2026
1M3MYTD1Y3Y5Y
Perf.
ALAI
IWF
-1.29%-1.24%
-6.69%-5.86%
-4.53%-6.31%
+52.08%+20.94%
n/a+99.98%
n/a+89.68%
Flows
ALAI
IWF
-$6M+$604M
+$6M-$2.36B
+$9M-$3.44B
+$244M-$1.54B
--$514M
--$1.29B
Volatility and drawdown
3M1Y3Y5Y
Volatility
ALAI
IWF
+23.86%+15.86%
+29.21%+22.65%
n/a+19.06%
n/a+21.42%
Max drawdown
ALAI
IWF
-10.45%-7.72%
-18.24%-15.75%
n/a-23.36%
n/a-32.75%
Max drawdown duration
ALAI
IWF
58d77d
43d45d
n/a191d
n/a743d
Trading data

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ALAI
IWF
Last sale
3/13/2026 at 1:30 PM
$33.59
$438.29
Previous close
03/12/2026
$33.84
$443.30
Consolidated volume
03/12/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 2026
1-year trailing difference

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ALAI
is actively managed and doesn’t replicate an index

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ALAI
IWF
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 3/13/2026 at 1:30 PM
Live
Closed
ALAI
IWF
Last price
$33.59
$438.29
1D performance
-0.74%
-1.13%
AuM$286.42 M$114.85 B
E/R1.68%0.18%
Characteristics
ALAI
IWF
Management strategyActivePassive
ProviderFred Alger ManagementiShares
Benchmark-Russell 1000 Growth Index
N° of holdings36349
Asset class-Equities
Trailing 12m distribution yield
Join
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Inception dateApril 5, 2024May 22, 2000
ESGNoNo
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Exposure

Countries

ALAI
USA
79.44%
Other
20.56%
IWF
USA
98.21%
Other
1.79%

Sectors

ALAI
Information Techn.
37.12%
Communication Ser.
18.42%
Consumer Discreti.
14.73%
Other
29.73%
IWF
Information Techn.
51.3%
Consumer Discreti.
13.35%
Communication Ser.
12.73%
Health Care
7.97%
Other
14.67%
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Diversification

ALAI

Total weight of top 15 holdings out of 15

72.47%
IWF

Total weight of top 15 holdings out of 15

66.22%

Top 15 holdings

Data as of January 31, 2026
ALAI
NVIDIA
13.78%
AMAZON.COM INC
8.74%
MICROSOFT-T
8.69%
ALPHABET INC-CL
6.09%
US8740391003
5.85%
META PLATFORMS
4.83%
YANDEX
4.06%
TESLA
3.94%
APPLE
3.78%
BROADCOM LIMITED
3.43%
WESTERN DIGITAL
2.29%
US81141R1005
2.12%
US36828A1016
1.74%
APPLOVIN
1.65%
ROKU INC
1.48%
IWF
NVIDIA
12.69%
APPLE
10.64%
MICROSOFT-T
9.15%
AMAZON.COM INC
4.78%
BROADCOM LIMITED
4.56%
META PLATFORMS
4.11%
ALPHABET INC-CL
3.74%
TESLA
3.55%
ALPHABET INC-CL
3.05%
LILLY
2.74%
VISA INCORPORATION
1.87%
MASTERCARD
1.46%
COSTCO WHOLESALE
1.41%
ABBVIE
1.31%
NETFLIX
1.18%
Frequently asked questions about ALAI and IWF

How have the ALAI and IWF ETFs performed in 2026?

As of March 11, 2026, ALAI is down -4.53% year-to-date (YTD), while IWF has lost -6.31%. That puts ALAI better performer ahead so far this year.

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

Year-to-date, the ALAI ETF saw +$9M in flows, compared to -$3.44B for IWF.

Which ETF is more volatile: ALAI or IWF?

Over the past year, ALAI had a volatility of 29.21%, while IWF experienced 22.65%.

Which ETF is bigger: ALAI or IWF?

As of March 11, 2026, ALAI holds $286.42 M in assets under management (AUM), while IWF manages $114.85 B.

What sectors do the ALAI and IWF ETFs invest in?

ALAI leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, IWF focuses on Information Technology, Consumer Discretionary and Communication Services.

What are the top holdings of the ALAI ETF and IWF ETF?

ALAI top holdings include NVIDIA, AMAZON.COM INC and MICROSOFT-T. IWF holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: ALAI or IWF?

ALAI holds 38 securities with 72.47% of its assets in the top 15. IWF has 391 securities and a top 15 weight of 66.22%.

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Latest news about ALAI & IWF
Top 3 growth ETFs of 2022
November 18, 2022
IWF
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