Keep tabs on your favorite ETFs with a personalized weekly tracker. Create a Watchlist now →
CNEQvsALAIETF Comparison
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 down -4.63% year-to-date (YTD) with +$27M in YTD flows. ALAI performs worse with -5.33% YTD performance, and +$8M 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.
CNEQ vs ALAI performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | CNEQ ALAI | -2.85%-2.97% | -6.60%-7.40% | -4.63%-5.33% | +45.32%+53.39% | n/an/a | n/an/a |
| Flows | CNEQ ALAI | -$2M-$6M | +$36M+$5M | +$27M+$8M | +$206M+$243M | -- | -- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | CNEQ ALAI | +23.18%+23.78% | +28.28%+29.25% | n/an/a | n/an/a |
| Max drawdown | CNEQ ALAI | -10.04%-10.45% | -17.95%-18.24% | n/an/a | n/an/a |
| Max drawdown duration | CNEQ ALAI | 57d57d | 43d43d | n/an/a | n/an/a |
CNEQ | ALAI | |
Last sale 3/12/2026 at 1:30 PM | $32.29 | $33.84 |
| Previous close 03/11/2026 | $33.04 | $34.57 |
| Consolidated volume 03/11/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
CNEQ | ALAI | |
|---|---|---|
| Last price | $32.29 | $33.84 |
| 1D performance | -2.27% | -2.11% |
| AuM | $237.36 M | $283.16 M |
| E/R | 1.62% | 1.68% |
CNEQ | ALAI | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Fred Alger Management | Fred Alger Management |
| Benchmark | - | - |
| N° of holdings | 22 | 36 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | April 5, 2024 | April 5, 2024 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the CNEQ and ALAI ETFs performed in 2026?
As of March 10, 2026, CNEQ is down -4.63% year-to-date (YTD), while ALAI has lost -5.33%. That puts CNEQ better performer ahead so far this year.
Which ETF is attracting more investor money: CNEQ or ALAI?
Year-to-date, the CNEQ ETF saw +$27M in flows, compared to +$8M for ALAI.
Which ETF is more volatile: CNEQ or ALAI?
Over the past year, CNEQ had a volatility of 28.28%, while ALAI experienced 29.25%.
Which ETF is bigger: CNEQ or ALAI?
As of March 10, 2026, CNEQ holds $237.36 M in assets under management (AUM), while ALAI manages $283.16 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, AMAZON.COM INC and MICROSOFT-T.
Which ETF is more diversified: CNEQ or ALAI?
CNEQ holds 25 securities with 77.8% of its assets in the top 15. ALAI has 38 securities and a top 15 weight of 72.47%.
Have you tried our ETF Compare tool?
Compare ETFs like a pro. Analyze fees, performance, exposure & holdings side-by-side.