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INVNvsCGMMETF Comparison

ETF 1

INVN

Alger Russell Innovation ETF

This fund is part of

US Large Cap

-0.35%

Full INVN fund page

VS

ETF 2

CGMM

Capital Group U.S. Small and Mid Cap ETF

This fund is part of

US Multi-Factor

-0.6%

Full CGMM fund page

Alger Russell Innovation ETF (INVN) belongs to the US Large Cap segment. Capital Group U.S. Small and Mid Cap ETF (CGMM) is part of the US Multi-Factor segment. INVN's top 3 sector exposures are Information Technology, Health Care and Consumer Discretionary. In contrast, CGMM's top sector exposures are Industrials, Financials and Information Technology. INVN is more expensive with a Total Expense Ratio (TER) of 0.95%, versus 0.51% for CGMM. INVN is down -5.22% year-to-date (YTD) with -$3M in YTD flows. CGMM performs better with 10.45% YTD performance, and +$1.28B in YTD flows. Run a side-by-side ETF comparison of INVN and CGMM 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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INVN vs CGMM 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 05/06/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	INVN CGMM	+8.17%+6.81%	+2.64%+2.44%	-5.22%+10.45%	+16.10%+32.88%	n/an/a	n/an/a
Flows	INVN CGMM	-$510K+$393M	-$517K+$997M	-$3M+$1.28B	-$2M+$2.16B	--	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	INVN CGMM	+24.66%+19.10%	+20.61%+16.46%	n/an/a	n/an/a
Max drawdown	INVN CGMM	-11.41%-10.10%	-20.34%-10.10%	n/an/a	n/an/a
Max drawdown duration	INVN CGMM	79d49d	119d49d	n/an/a	n/an/a

Trading data

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	INVN	CGMM
Last sale 5/7/2026 at 7:30 PM	$20.77	$31.55
Previous close 05/07/2026	$20.52	$31.38
Consolidated volume 05/07/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of April 30, 2026

1-year trailing difference

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CGMM

is actively managed and doesn’t replicate an index

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	INVN	CGMM
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 5/7/2026 at 7:30 PM

Live

Closed

	INVN	CGMM
Last price	$20.77	$31.55
1D performance	+1.26%	+0.54%
AuM	$11.28 M	$2.58 B
E/R	0.95%	0.51%

Characteristics

	INVN	CGMM
Management strategy	Passive	Active
Provider	Fred Alger Management	Capital Group
Benchmark	Alger Russell Innovation Index	-
N° of holdings	49	93
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	January 6, 2025	January 14, 2025
ESG	No	No

More INVN data on Trackinsight

More CGMM data on Trackinsight

Exposure

Countries

INVN

USA

93.71%

Other

6.29%

CGMM

USA

84.02%

Other

15.98%

Sectors

INVN

Information Techn.

61.27%

Health Care

22.63%

Other

16.1%

CGMM

Industrials

15.22%

Financials

15.02%

Information Techn.

13.93%

Consumer Discreti.

12.98%

Health Care

7.92%

Other

34.93%

Diversification

INVN

Total weight of top 15 holdings out of 15

32.27%

CGMM

Total weight of top 15 holdings out of 15

27.23%

Top 15 holdings

Data as of March 31, 2026

INVN

CORCEPT THERAPEUTICS

2.33%

OKTA

2.27%

UNITY SOFTWARE

2.22%

PFIZER

2.18%

CIRRUS LOGIC

2.17%

EXPEDIA GROUP INC

2.15%

NETAPP

2.13%

ZOOM VIDEO COMMUNICATIONS INC

2.13%

DUOLINGO INC

2.12%

EXELIXIS

2.12%

DOCUSIGN INC

2.12%

TWILIO

2.11%

CCC INTELLIGENT SOLUTIONS

2.08%

UIPATH INC

2.07%

JAZZ PHARMACEUTICALS

2.07%

CGMM

US FOODS HOLDING CORP

3.00%

EXELON CORP

2.24%

VAIL RESORTS

2.21%

LKQ

2.18%

RENAISSANCERE

2.13%

BROWN & BROWN

2.01%

COMFORT SYSTEMS USA

1.87%

YUM BRANDS

1.64%

KEYSIGHT TECHNOLOGIES

1.52%

CIENA

1.50%

ALIGN TECHNOLOGY

1.42%

CAPITAL ONE FINANCIAL

1.41%

IONIS PHARMACEUTICALS INC

1.40%

SIMON PROPERTY GROUP REIT

1.36%

DIAMONDBACK ENERGY

1.34%

Frequently asked questions about INVN and CGMM

How have the INVN and CGMM ETFs performed in 2026?

As of May 6, 2026, INVN is down -5.22% year-to-date (YTD), while CGMM has returned 10.45%. That puts CGMM better performer ahead so far this year.

Which ETF is attracting more investor money: INVN or CGMM?

Year-to-date, the INVN ETF saw -$3M in flows, compared to +$1.28B for CGMM.

Which ETF is more volatile: INVN or CGMM?

Over the past year, INVN had a volatility of 20.61%, while CGMM experienced 16.46%.

Which ETF is bigger: INVN or CGMM?

As of May 6, 2026, INVN holds $11.28 M in assets under management (AUM), while CGMM manages $2.58 B.

What sectors do the INVN and CGMM ETFs invest in?

INVN leans toward sectors like Information Technology and Health Care. Meanwhile, CGMM focuses on Industrials, Financials and Information Technology.

What are the top holdings of the INVN ETF and CGMM ETF?

INVN top holdings include CORCEPT THERAPEUTICS, OKTA and UNITY SOFTWARE. CGMM holds in its top three: US FOODS HOLDING CORP, EXELON CORP and VAIL RESORTS.

Which ETF is more diversified: INVN or CGMM?

INVN holds 49 securities with 32.27% of its assets in the top 15. CGMM has 94 securities and a top 15 weight of 27.23%.

Notable ETF Filings and Launches Recap: January 2025

January 30, 2025

CGMM

INVNvsCGMMETF Comparison

Alger Russell Innovation ETF

Capital Group U.S. Small and Mid Cap ETF

INVN vs CGMM 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 INVN and CGMM ETFs performed in 2026?

As of May 6, 2026, INVN is down -5.22% year-to-date (YTD), while CGMM has returned 10.45%. That puts CGMM better performer ahead so far this year.

Which ETF is attracting more investor money: INVN or CGMM?

Year-to-date, the INVN ETF saw -$3M in flows, compared to +$1.28B for CGMM.

Which ETF is more volatile: INVN or CGMM?

Over the past year, INVN had a volatility of 20.61%, while CGMM experienced 16.46%.

Which ETF is bigger: INVN or CGMM?

As of May 6, 2026, INVN holds $11.28 M in assets under management (AUM), while CGMM manages $2.58 B.

What sectors do the INVN and CGMM ETFs invest in?

INVN leans toward sectors like Information Technology and Health Care. Meanwhile, CGMM focuses on Industrials, Financials and Information Technology.

What are the top holdings of the INVN ETF and CGMM ETF?

INVN top holdings include CORCEPT THERAPEUTICS, OKTA and UNITY SOFTWARE. CGMM holds in its top three: US FOODS HOLDING CORP, EXELON CORP and VAIL RESORTS.

Which ETF is more diversified: INVN or CGMM?

INVN holds 49 securities with 32.27% of its assets in the top 15. CGMM has 94 securities and a top 15 weight of 27.23%.

Notable ETF Filings and Launches Recap: January 2025

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