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CNEQvsPGROETF Comparison
Alger Concentrated Equity ETF (CNEQ) and Putnam Focused Large Cap Growth ETF (PGRO) belong to the same industry segment: US Large Cap Growth. Both ETFs have the same top 3 sector exposures: Information Technology, Communication Services and Consumer Discretionary. CNEQ is more expensive with a Total Expense Ratio (TER) of 1.62%, versus 0.5% for PGRO. CNEQ is down -3.9% year-to-date (YTD) with +$128M in YTD flows. PGRO performs worse with -7.46% YTD performance, and +$4M in YTD flows. Run a side-by-side ETF comparison of CNEQ and PGRO 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 PGRO performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | CNEQ PGRO | -2.16%-2.63% | -5.97%-6.45% | -3.90%-7.46% | +44.58%+19.14% | n/a+96.86% | n/an/a |
| Flows | CNEQ PGRO | +$98M+$2M | +$136M+$7M | +$128M+$4M | +$307M-$9M | -+$6M | -- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | CNEQ PGRO | +23.25%+15.85% | +28.27%+22.40% | n/a+19.54% | n/an/a |
| Max drawdown | CNEQ PGRO | -10.04%-8.78% | -17.95%-15.18% | n/a-23.23% | n/an/a |
| Max drawdown duration | CNEQ PGRO | 58d75d | 43d37d | n/a153d | n/an/a |
CNEQ | PGRO | |
Last sale 3/13/2026 at 1:30 PM | $32.10 | $41.20 |
| Previous close 03/12/2026 | $32.29 | $41.79 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
CNEQ | PGRO | |
|---|---|---|
| Last price | $32.10 | $41.20 |
| 1D performance | -0.59% | -1.40% |
| AuM | $340.21 M | $63.98 M |
| E/R | 1.62% | 0.5% |
CNEQ | PGRO | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Fred Alger Management | Putnam |
| Benchmark | - | - |
| N° of holdings | 22 | 33 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | April 5, 2024 | May 25, 2021 |
| 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 PGRO ETFs performed in 2026?
As of March 11, 2026, CNEQ is down -3.9% year-to-date (YTD), while PGRO has lost -7.46%. That puts CNEQ better performer ahead so far this year.
Which ETF is attracting more investor money: CNEQ or PGRO?
Year-to-date, the CNEQ ETF saw +$128M in flows, compared to +$4M for PGRO.
Which ETF is more volatile: CNEQ or PGRO?
Over the past year, CNEQ had a volatility of 28.27%, while PGRO experienced 22.4%.
Which ETF is bigger: CNEQ or PGRO?
As of March 11, 2026, CNEQ holds $340.21 M in assets under management (AUM), while PGRO manages $63.98 M.
What sectors do the CNEQ and PGRO ETFs invest in?
CNEQ leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, PGRO focuses on Information Technology, Communication Services and Consumer Discretionary.
What are the top holdings of the CNEQ ETF and PGRO ETF?
CNEQ top holdings include NVIDIA, MICROSOFT-T and AMAZON.COM INC. PGRO holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: CNEQ or PGRO?
CNEQ holds 25 securities with 77.8% of its assets in the top 15. PGRO has 34 securities and a top 15 weight of 75.37%.
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