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CNEQvsALAIETF Comparison

ETF 1

CNEQ

Alger Concentrated Equity ETF

This fund is part of

US Large Cap Growth

+0%

Full CNEQ fund page

VS

ETF 2

ALAI

Alger AI Enablers & Adopters ETF

This fund is part of

AI & Big Data

+0.02%

Full ALAI fund page

Alger Concentrated Equity ETF (CNEQ) belongs to the US Large Cap Growth segment. Alger AI Enablers & Adopters ETF (ALAI) is part of the AI & Big Data segment. Both ETFs have the same top 3 sector exposures: Information Technology, Communication Services and Consumer Discretionary. CNEQ is less expensive with a Total Expense Ratio (TER) of 1.62%, versus 1.68% for ALAI. CNEQ is up 5.48% year-to-date (YTD) with +$246M in YTD flows. ALAI performs better with 8.45% YTD performance, and +$36M in YTD flows. Run a side-by-side ETF comparison of CNEQ and ALAI 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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CNEQ vs ALAI 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 04/28/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	CNEQ ALAI	+22.25%+24.83%	+3.16%+5.48%	+5.48%+8.45%	+56.47%+68.24%	n/an/a	n/an/a
Flows	CNEQ ALAI	+$50M+$24M	+$231M+$31M	+$246M+$36M	+$420M+$273M	--	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	CNEQ ALAI	+27.32%+27.78%	+22.38%+23.11%	n/an/a	n/an/a
Max drawdown	CNEQ ALAI	-15.61%-15.50%	-18.59%-18.30%	n/an/a	n/an/a
Max drawdown duration	CNEQ ALAI	75d75d	174d169d	n/an/a	n/an/a

Trading data

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	CNEQ	ALAI
Last sale 4/30/2026 at 1:30 PM	$36.36	$39.39
Previous close 04/29/2026	$36.26	$39.27
Consolidated volume 04/29/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Main metrics

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

Live

Closed

	CNEQ	ALAI
Last price	$36.36	$39.39
1D performance	+0.28%	+0.30%
AuM	$501.06 M	$353.83 M
E/R	1.62%	1.68%

Characteristics

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

More CNEQ data on Trackinsight

More ALAI data on Trackinsight

Exposure

Countries

CNEQ

USA

78.41%

Other

21.59%

ALAI

USA

75.38%

Other

24.62%

Sectors

CNEQ

Information Techn.

38.69%

Communication Ser.

14.56%

Consumer Discreti.

11.27%

Other

35.48%

ALAI

Information Techn.

40.83%

Communication Ser.

15.73%

Consumer Discreti.

10.34%

Other

33.1%

Diversification

CNEQ

Total weight of top 15 holdings out of 15

76.64%

ALAI

Total weight of top 15 holdings out of 15

69.6%

Top 15 holdings

Data as of March 31, 2026

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%

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%

Frequently asked questions about CNEQ and ALAI

How have the CNEQ and ALAI ETFs performed in 2026?

As of April 28, 2026, CNEQ is up 5.48% year-to-date (YTD), while ALAI has returned 8.45%. That puts ALAI better performer ahead so far this year.

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

Year-to-date, the CNEQ ETF saw +$246M in flows, compared to +$36M for ALAI.

Which ETF is more volatile: CNEQ or ALAI?

Over the past year, CNEQ had a volatility of 22.38%, while ALAI experienced 23.11%.

Which ETF is bigger: CNEQ or ALAI?

As of April 28, 2026, CNEQ holds $501.06 M in assets under management (AUM), while ALAI manages $353.83 M.

What sectors do the CNEQ and ALAI ETFs invest in?

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

CNEQvsALAIETF Comparison

Alger Concentrated Equity ETF

Alger AI Enablers & Adopters ETF

CNEQ vs ALAI 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 CNEQ and ALAI ETFs performed in 2026?

As of April 28, 2026, CNEQ is up 5.48% year-to-date (YTD), while ALAI has returned 8.45%. That puts ALAI better performer ahead so far this year.

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

Year-to-date, the CNEQ ETF saw +$246M in flows, compared to +$36M for ALAI.

Which ETF is more volatile: CNEQ or ALAI?

Over the past year, CNEQ had a volatility of 22.38%, while ALAI experienced 23.11%.

Which ETF is bigger: CNEQ or ALAI?

As of April 28, 2026, CNEQ holds $501.06 M in assets under management (AUM), while ALAI manages $353.83 M.

What sectors do the CNEQ and ALAI ETFs invest in?

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

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

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

Which ETF is more diversified: CNEQ or ALAI?

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

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