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CNEQvsALAIETF Comparison

ETF 1

CNEQ

Alger Concentrated Equity ETF

This fund is part of

US Large Cap Growth

+1.07%

Full CNEQ fund page

VS

ETF 2

ALAI

Alger AI Enablers & Adopters ETF

This fund is part of

AI & Big Data

+1.86%

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. CNEQ's top 3 sector exposures are Technology, Consumer Non-Cyclicals and Industrials. In contrast, ALAI's top sector exposures are Technology, Consumer Non-Cyclicals and Finance. CNEQ is less expensive with a Total Expense Ratio (TER) of 1.62%, versus 1.68% for ALAI. CNEQ is up 12.7% year-to-date (YTD) with +$7.47B in YTD flows. ALAI performs better with 20.3% YTD performance, and +$2.42B 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 10/27/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	CNEQ ALAI	-4.47%-5.78%	+2.95%+3.70%	+12.70%+20.30%	+8.50%+15.46%	n/an/a	n/an/a
Flows	CNEQ ALAI	+$4.71B+$1.51B	+$6.85B+$2.31B	+$7.47B+$2.42B	+$7.52B+$2.44B	--	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	CNEQ ALAI	+23.31%+26.91%	+24.85%+26.56%	n/an/a	n/an/a
Max drawdown	CNEQ ALAI	-10.30%-12.10%	-18.59%-18.30%	n/an/a	n/an/a
Max drawdown duration	CNEQ ALAI	21d21d	174d169d	n/an/a	n/an/a

Trading data

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	CNEQ	ALAI
Last sale 10/28/2026 at 1:30 PM	$39.05	$44.06
Previous close 10/27/2026	$38.66	$43.63
Consolidated volume 10/27/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Main metrics

Last update 10/28/2026 at 1:30 PM

Live

Closed

	CNEQ	ALAI
Last price	$39.05	$44.06
1D performance	+1.01%	+0.99%
AuM	$7.65 B	$2.73 B
E/R	1.62%	1.68%

Characteristics

	CNEQ	ALAI
Management strategy	Active	Active
Provider	Fred Alger Management	Fred Alger Management
Benchmark	-	-
N° of holdings	27	64
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

78.23%

Other

21.77%

ALAI

USA

76.94%

Other

23.06%

Sectors

CNEQ

Technology

62.51%

Consumer Non-Cycl.

7.46%

Other

30.04%

ALAI

Technology

66.86%

Consumer Non-Cycl.

9.51%

Other

23.63%

Diversification

CNEQ

Total weight of top 15 holdings out of 15

73.48%

ALAI

Total weight of top 15 holdings out of 15

64.03%

Top 15 holdings

Data as of August 31, 2026

CNEQ

NVIDIA Corp.

14.60%

Microsoft Corp.

8.32%

Alphabet, Inc.

5.87%

Taiwan Semiconductor Manufacturing Co., Ltd.

5.50%

Apple, Inc.

5.05%

Broadcom Inc.

4.62%

Amazon.com, Inc.

4.58%

Nebius Group NV

4.24%

Western Digital Corp.

4.11%

Micron Technology, Inc.

3.06%

Meta Platforms, Inc.

2.96%

Sea Ltd. (Singapore)

2.88%

Tesla, Inc.

2.69%

Talen Energy Corp.

2.59%

GE Vernova, Inc.

2.41%

ALAI

NVIDIA Corp.

14.34%

Microsoft Corp.

8.42%

Amazon.com, Inc.

6.80%

Taiwan Semiconductor Manufacturing Co., Ltd.

5.64%

Alphabet, Inc.

3.78%

Meta Platforms, Inc.

3.47%

Nebius Group NV

3.30%

Seagate Technology Holdings Plc

3.18%

Broadcom Inc.

2.68%

Western Digital Corp.

2.24%

Lumentum Holdings, Inc.

2.16%

Micron Technology, Inc.

2.11%

Apple, Inc.

2.03%

Advanced Micro Devices, Inc.

2.01%

Snowflake, Inc.

1.88%

Frequently asked questions about CNEQ and ALAI

How have the CNEQ and ALAI ETFs performed in 2026?

As of October 27, 2026, CNEQ is up 12.7% year-to-date (YTD), while ALAI has returned 20.3%. 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 +$7.47B in flows, compared to +$2.42B for ALAI.

Which ETF is more volatile: CNEQ or ALAI?

Over the past year, CNEQ had a volatility of 24.85%, while ALAI experienced 26.56%.

Which ETF is bigger: CNEQ or ALAI?

As of October 27, 2026, CNEQ holds $7.65 B in assets under management (AUM), while ALAI manages $2.73 B.

What sectors do the CNEQ and ALAI ETFs invest in?

CNEQ leans toward sectors like Technology and Consumer Non-Cyclicals. Meanwhile, ALAI focuses on Technology and Consumer Non-Cyclicals.

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

CNEQ top holdings include NVIDIA Corp., Microsoft Corp. and Alphabet, Inc.. ALAI holds in its top three: NVIDIA Corp., Microsoft Corp. and Amazon.com, Inc..

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 October 27, 2026, CNEQ is up 12.7% year-to-date (YTD), while ALAI has returned 20.3%. 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 +$7.47B in flows, compared to +$2.42B for ALAI.

Which ETF is more volatile: CNEQ or ALAI?

Over the past year, CNEQ had a volatility of 24.85%, while ALAI experienced 26.56%.

Which ETF is bigger: CNEQ or ALAI?

As of October 27, 2026, CNEQ holds $7.65 B in assets under management (AUM), while ALAI manages $2.73 B.

What sectors do the CNEQ and ALAI ETFs invest in?

CNEQ leans toward sectors like Technology and Consumer Non-Cyclicals. Meanwhile, ALAI focuses on Technology and Consumer Non-Cyclicals.

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

CNEQ top holdings include NVIDIA Corp., Microsoft Corp. and Alphabet, Inc.. ALAI holds in its top three: NVIDIA Corp., Microsoft Corp. and Amazon.com, Inc..

Which ETF is more diversified: CNEQ or ALAI?

CNEQ holds 27 securities with 73.48% of its assets in the top 15. ALAI has 65 securities and a top 15 weight of 64.03%.

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