CNEQvsFBCGETF Comparison
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Alger Concentrated Equity ETF (CNEQ) belongs to the US Large Cap Growth segment. Fidelity Blue Chip Growth ETF (FBCG) is part of the Uncategorized Equities segment. CNEQ's top 3 sector exposures are Technology, Industrials and Consumer Non-Cyclicals. In contrast, FBCG's top sector exposures are Technology, Consumer Non-Cyclicals and Finance. CNEQ is more expensive with a Total Expense Ratio (TER) of 1.62%, versus 0.57% for FBCG. CNEQ is up 15.71% year-to-date (YTD) with +$2.44B in YTD flows. FBCG performs worse with 12.67% YTD performance, and +$1.32B in YTD flows. Run a side-by-side ETF comparison of CNEQ and FBCG 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 FBCG performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/11/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | CNEQ FBCG | +0.05%-0.50% | +2.51%+1.49% | +15.71%+12.67% | +18.05%+17.33% | n/a+101.31% | n/a+82.76% |
| Flows | CNEQ FBCG | +$1.73B+$206M | +$2.07B+$570M | +$2.44B+$1.32B | +$2.54B+$1.64B | -+$4.44B | -+$4.80B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | CNEQ FBCG | +26.23%+20.91% | +24.51%+20.62% | n/a+22.83% | n/a+26.02% |
| Max drawdown | CNEQ FBCG | -13.23%-8.81% | -18.59%-15.02% | n/a-27.92% | n/a-43.46% |
| Max drawdown duration | CNEQ FBCG | 82d58d | 174d167d | n/a160d | n/a822d |
Trading data
CNEQ | FBCG | |
Last sale 9/11/2026 at 1:30 PM | $39.77 | $61.71 |
| Previous close 09/10/2026 | $39.63 | $61.20 |
| Consolidated volume 09/10/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 9/11/2026 at 1:30 PM
Live
Closed
CNEQ | FBCG | |
|---|---|---|
| Last price | $39.77 | $61.71 |
| 1D performance | +0.35% | +0.83% |
| AuM | $2.75 B | $7.39 B |
| E/R | 1.62% | 0.57% |
Characteristics
CNEQ | FBCG | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Fred Alger Management | Fidelity |
| Benchmark | - | - |
| N° of holdings | 27 | 214 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | April 5, 2024 | June 2, 2020 |
| ESG | No | No |
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Exposure
Countries
CNEQ
USA
77.6%
Other
22.4%
FBCG
USA
96.47%
Other
3.53%
Sectors
CNEQ
Technology
62.26%
Industrials
7.33%
Consumer Non-Cycl.
7.24%
Other
23.17%
FBCG
Technology
65.49%
Consumer Non-Cycl.
8.96%
Other
25.54%
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Diversification
CNEQ
Total weight of top 15 holdings out of 15
73.21%
FBCG
Total weight of top 15 holdings out of 15
66.27%
Top 15 holdings
Data as of July 31, 2026
CNEQ
NVIDIA Corp.
13.78%
Microsoft Corp.
7.72%
Alphabet, Inc.
6.11%
Taiwan Semiconductor Manufacturing Co., Ltd.
5.52%
Apple, Inc.
5.05%
Broadcom Inc.
5.04%
Western Digital Corp.
4.85%
Amazon.com, Inc.
4.58%
Nebius Group NV
4.02%
Meta Platforms, Inc.
3.10%
Talen Energy Corp.
3.05%
GE Vernova, Inc.
2.74%
Sea Ltd. (Singapore)
2.66%
Micron Technology, Inc.
2.51%
Tesla, Inc.
2.50%
FBCG
NVIDIA Corp.
15.45%
Apple, Inc.
11.78%
Amazon.com, Inc.
7.54%
Alphabet, Inc.
6.06%
Microsoft Corp.
4.92%
Broadcom Inc.
3.93%
Meta Platforms, Inc.
3.45%
Netflix, Inc.
2.53%
Eli Lilly & Co.
2.49%
Marvell Technology, Inc.
1.67%
Tesla, Inc.
1.51%
Micron Technology, Inc.
1.44%
Alphabet, Inc.
1.40%
Mastercard, Inc.
1.05%
Monolithic Power Systems, Inc.
1.02%
Frequently asked questions about CNEQ and FBCG
How have the CNEQ and FBCG ETFs performed in 2026?
As of September 11, 2026, CNEQ is up 15.71% year-to-date (YTD), while FBCG has returned 12.67%. That puts CNEQ better performer ahead so far this year.
Which ETF is attracting more investor money: CNEQ or FBCG?
Year-to-date, the CNEQ ETF saw +$2.44B in flows, compared to +$1.32B for FBCG.
Which ETF is more volatile: CNEQ or FBCG?
Over the past year, CNEQ had a volatility of 24.51%, while FBCG experienced 20.62%.
Which ETF is bigger: CNEQ or FBCG?
As of September 11, 2026, CNEQ holds $2.75 B in assets under management (AUM), while FBCG manages $7.39 B.
What sectors do the CNEQ and FBCG ETFs invest in?
CNEQ leans toward sectors like Technology, Industrials and Consumer Non-Cyclicals. Meanwhile, FBCG focuses on Technology and Consumer Non-Cyclicals.
What are the top holdings of the CNEQ ETF and FBCG ETF?
CNEQ top holdings include NVIDIA Corp., Microsoft Corp. and Alphabet, Inc.. FBCG holds in its top three: NVIDIA Corp., Apple, Inc. and Amazon.com, Inc..
Which ETF is more diversified: CNEQ or FBCG?
CNEQ holds 27 securities with 73.21% of its assets in the top 15. FBCG has 216 securities and a top 15 weight of 66.27%.
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Latest news about CNEQ & FBCG
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