CNEQvsIVESETF Comparison
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Alger Concentrated Equity ETF (CNEQ) belongs to the US Large Cap Growth segment. Dan IVES Wedbush AI Revolution ETF (IVES) is part of the AI & Big Data segment. CNEQ's top 3 sector exposures are Technology, Industrials and Consumer Non-Cyclicals. In contrast, IVES's top sector exposures are Technology, Consumer Non-Cyclicals and Consumer Cyclicals. CNEQ is more expensive with a Total Expense Ratio (TER) of 1.62%, versus 0.75% for IVES. CNEQ is up 15.71% year-to-date (YTD) with +$2.44B in YTD flows. IVES performs better with 24.83% YTD performance, and -$138M in YTD flows. Run a side-by-side ETF comparison of CNEQ and IVES 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 IVES 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 IVES | +0.05%+1.30% | +2.51%+6.76% | +15.71%+24.83% | +18.05%+29.71% | n/an/a | n/an/a |
| Flows | CNEQ IVES | +$1.73B-$16M | +$2.07B-$100M | +$2.44B-$138M | +$2.54B+$227M | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | CNEQ IVES | +26.23%+28.15% | +24.51%+28.66% | n/an/a | n/an/a |
| Max drawdown | CNEQ IVES | -13.23%-11.36% | -18.59%-22.54% | n/an/a | n/an/a |
| Max drawdown duration | CNEQ IVES | 82d49d | 174d188d | n/an/a | n/an/a |
Trading data
CNEQ | IVES | |
Last sale 9/11/2026 at 1:30 PM | $39.77 | $39.44 |
| Previous close 09/10/2026 | $39.63 | $39.22 |
| Consolidated volume 09/10/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
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CNEQ
is actively managed and doesn’t replicate an indexCNEQ | IVES | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 9/11/2026 at 1:30 PM
Live
Closed
CNEQ | IVES | |
|---|---|---|
| Last price | $39.77 | $39.44 |
| 1D performance | +0.35% | +0.56% |
| AuM | $2.75 B | $1.05 B |
| E/R | 1.62% | 0.75% |
Characteristics
CNEQ | IVES | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Fred Alger Management | Wedbush Funds |
| Benchmark | - | Solactive Wedbush Artificial Intelligence Index |
| N° of holdings | 27 | 31 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | April 5, 2024 | June 4, 2025 |
| ESG | No | No |
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Exposure
Countries
CNEQ
USA
77.6%
Other
22.4%
IVES
USA
88.08%
Other
11.92%
Sectors
CNEQ
Technology
62.26%
Industrials
7.33%
Consumer Non-Cycl.
7.24%
Other
23.17%
IVES
Technology
81.12%
Other
18.88%
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Diversification
CNEQ
Total weight of top 15 holdings out of 15
73.21%
IVES
Total weight of top 15 holdings out of 15
64.96%
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%
IVES
Microsoft Corp.
5.92%
Amazon.com, Inc.
5.35%
Apple, Inc.
4.90%
Broadcom Inc.
4.83%
Alphabet, Inc.
4.81%
NVIDIA Corp.
4.75%
Taiwan Semiconductor Manufacturing Co., Ltd.
4.67%
Advanced Micro Devices, Inc.
4.10%
Meta Platforms, Inc.
4.04%
Micron Technology, Inc.
3.98%
Tesla, Inc.
3.72%
Oracle Corp.
3.51%
International Business Machines Corp.
3.49%
Palo Alto Networks, Inc.
3.47%
GE Vernova, Inc.
3.43%
Frequently asked questions about CNEQ and IVES
How have the CNEQ and IVES ETFs performed in 2026?
As of September 11, 2026, CNEQ is up 15.71% year-to-date (YTD), while IVES has returned 24.83%. That puts IVES better performer ahead so far this year.
Which ETF is attracting more investor money: CNEQ or IVES?
Year-to-date, the CNEQ ETF saw +$2.44B in flows, compared to -$138M for IVES.
Which ETF is more volatile: CNEQ or IVES?
Over the past year, CNEQ had a volatility of 24.51%, while IVES experienced 28.66%.
Which ETF is bigger: CNEQ or IVES?
As of September 11, 2026, CNEQ holds $2.75 B in assets under management (AUM), while IVES manages $1.05 B.
What sectors do the CNEQ and IVES ETFs invest in?
CNEQ leans toward sectors like Technology, Industrials and Consumer Non-Cyclicals. Meanwhile, IVES focuses on Technology.
What are the top holdings of the CNEQ ETF and IVES ETF?
CNEQ top holdings include NVIDIA Corp., Microsoft Corp. and Alphabet, Inc.. IVES holds in its top three: Microsoft Corp., Amazon.com, Inc. and Apple, Inc..
Which ETF is more diversified: CNEQ or IVES?
CNEQ holds 27 securities with 73.21% of its assets in the top 15. IVES has 31 securities and a top 15 weight of 64.96%.
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