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CNEQvsFBCGETF 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

FBCG

Fidelity Blue Chip Growth ETF

This fund is part of

Uncategorized Equities

+0.96%

Full FBCG fund page

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, Consumer Non-Cyclicals and Industrials. In contrast, FBCG's top sector exposures are Technology, Consumer Non-Cyclicals and Healthcare. CNEQ is more expensive with a Total Expense Ratio (TER) of 1.62%, versus 0.57% for FBCG. CNEQ is up 12.7% year-to-date (YTD) with +$7.47B in YTD flows. FBCG performs worse with 11.13% YTD performance, and +$1.64B 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

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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 FBCG	-4.47%-3.71%	+2.95%+3.44%	+12.70%+11.13%	+8.50%+9.97%	n/a+118.74%	n/a+77.12%
Flows	CNEQ FBCG	+$4.71B+$296M	+$6.85B+$596M	+$7.47B+$1.64B	+$7.52B+$1.81B	-+$4.75B	-+$5.11B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	CNEQ FBCG	+23.31%+19.51%	+24.85%+20.86%	n/a+22.80%	n/a+26.05%
Max drawdown	CNEQ FBCG	-10.30%-8.25%	-18.59%-15.02%	n/a-27.92%	n/a-43.46%
Max drawdown duration	CNEQ FBCG	21d21d	174d167d	n/a160d	n/a822d

Trading data

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	CNEQ	FBCG
Last sale 10/28/2026 at 1:30 PM	$39.05	$61.15
Previous close 10/27/2026	$38.66	$60.81
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	FBCG
Last price	$39.05	$61.15
1D performance	+1.01%	+0.56%
AuM	$7.65 B	$7.60 B
E/R	1.62%	0.57%

Characteristics

	CNEQ	FBCG
Management strategy	Active	Active
Provider	Fred Alger Management	Fidelity
Benchmark	-	-
N° of holdings	27	114
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	April 5, 2024	June 2, 2020
ESG	No	No

More CNEQ data on Trackinsight

More FBCG data on Trackinsight

Exposure

Countries

CNEQ

USA

78.23%

Other

21.77%

FBCG

USA

95.61%

Other

4.39%

Sectors

CNEQ

Technology

62.51%

Consumer Non-Cycl.

7.46%

Other

30.04%

FBCG

Technology

68.74%

Consumer Non-Cycl.

8%

Healthcare

7.13%

Other

16.13%

Diversification

CNEQ

Total weight of top 15 holdings out of 15

73.48%

FBCG

Total weight of top 15 holdings out of 15

73.92%

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%

FBCG

US4642873099

24.25%

NVIDIA Corp.

12.09%

Apple, Inc.

9.52%

Alphabet, Inc.

5.36%

Amazon.com, Inc.

4.56%

Broadcom Inc.

2.48%

Meta Platforms, Inc.

2.38%

Microsoft Corp.

2.28%

Eli Lilly & Co.

2.07%

Netflix, Inc.

1.91%

Taiwan Semiconductor Manufacturing Co., Ltd.

1.83%

Marvell Technology, Inc.

1.68%

Micron Technology, Inc.

1.22%

Sandisk Corp.

1.16%

Monolithic Power Systems, Inc.

1.15%

Frequently asked questions about CNEQ and FBCG

CNEQvsFBCGETF Comparison

Alger Concentrated Equity ETF

Fidelity Blue Chip Growth ETF

CNEQ vs FBCG 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 FBCG ETFs performed in 2026?

As of October 27, 2026, CNEQ is up 12.7% year-to-date (YTD), while FBCG has returned 11.13%. 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 +$7.47B in flows, compared to +$1.64B for FBCG.

Which ETF is more volatile: CNEQ or FBCG?

Over the past year, CNEQ had a volatility of 24.85%, while FBCG experienced 20.86%.

Which ETF is bigger: CNEQ or FBCG?

As of October 27, 2026, CNEQ holds $7.65 B in assets under management (AUM), while FBCG manages $7.60 B.

What sectors do the CNEQ and FBCG ETFs invest in?

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

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: US4642873099, NVIDIA Corp. and Apple, Inc..

Which ETF is more diversified: CNEQ or FBCG?

CNEQ holds 27 securities with 73.48% of its assets in the top 15. FBCG has 218 securities and a top 15 weight of 73.92%.

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