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INVNvsSRHQETF Comparison

ETF 1
INVN

Alger Russell Innovation ETF

This fund is part of
US Large Cap
+0.36%
VS
ETF 2
SRHQ

SRH U.S. Quality GARP ETF

This fund is part of
US Multi-Factor
+0.07%

Alger Russell Innovation ETF (INVN) belongs to the US Large Cap segment. SRH U.S. Quality GARP ETF (SRHQ) is part of the US Multi-Factor segment. INVN's top 3 sector exposures are Information Technology, Health Care and Consumer Discretionary. In contrast, SRHQ's top sector exposures are Information Technology, Industrials and Health Care. INVN is more expensive with a Total Expense Ratio (TER) of 0.95%, versus 0.35% for SRHQ. INVN is down -9.51% year-to-date (YTD) with -$3M in YTD flows. SRHQ performs better with 10.15% YTD performance, and -$199K in YTD flows. Run a side-by-side ETF comparison of INVN and SRHQ 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 SRHQ performance and flow charts

Performance

-20246810%Mar 30Apr 7Apr 14Apr 21Apr 28

Cumulative Flows

0 M20 M40 M60 M80 M100 MMar 30Apr 7Apr 14Apr 21Apr 28

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Historic performance and flows
Data as of 04/29/2026
1M3MYTD1Y3Y5Y
Perf.
INVN
SRHQ
+7.19%+6.85%
-3.86%+6.91%
-9.51%+10.15%
+10.40%+25.01%
n/a+58.46%
n/an/a
Flows
INVN
SRHQ
--$199K
-$970K-$199K
-$3M-$199K
-$1M-$198K
-+$22M
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
INVN
SRHQ
+27.13%+17.93%
+20.46%+15.20%
n/a+15.79%
n/an/a
Max drawdown
INVN
SRHQ
-12.67%-6.38%
-20.34%-6.38%
n/a-18.39%
n/an/a
Max drawdown duration
INVN
SRHQ
90d40d
112d40d
n/a303d
n/an/a
Trading data

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INVN
SRHQ
Last sale
5/1/2026 at 1:30 PM
$20.37
$43.57
Previous close
04/29/2026
$19.74
$43.82
Consolidated volume
04/29/2026
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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INVN
SRHQ
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 5/1/2026 at 1:30 PM
Live
Closed
INVN
SRHQ
Last price
$20.37
$43.57
1D performance
+3.19%
-0.57%
AuM$11.26 M$191.73 M
E/R0.95%0.35%
Characteristics
INVN
SRHQ
Management strategyPassivePassive
ProviderFred Alger ManagementSRH Funds
BenchmarkAlger Russell Innovation IndexSRH U.S. Quality GARP Index
N° of holdings4956
Asset class-Equities
Trailing 12m distribution yield
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Inception dateJanuary 6, 2025October 5, 2022
ESGNoNo
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Exposure

Countries

INVN
USA
93.71%
Other
6.29%
SRHQ
USA
94.24%
Other
5.76%

Sectors

INVN
Information Techn.
61.27%
Health Care
22.63%
Other
16.1%
SRHQ
Information Techn.
33.63%
Industrials
21.79%
Health Care
12.07%
Consumer Discreti.
9.84%
Other
22.67%
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Diversification

INVN

Total weight of top 15 holdings out of 15

32.27%
SRHQ

Total weight of top 15 holdings out of 15

43.25%

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%
EXELIXIS
2.12%
DOCUSIGN INC
2.12%
DUOLINGO INC
2.12%
TWILIO
2.11%
CCC INTELLIGENT SOLUTIONS
2.08%
JAZZ PHARMACEUTICALS
2.07%
UIPATH INC
2.07%
SRHQ
CIENA
9.72%
EMCOR GROUP
3.02%
JABIL CIRCUIT
2.95%
ENERSYS
2.87%
KEYSIGHT TECHNOLOGIES
2.85%
NEW YORK TIMES
2.55%
PLEXUS
2.39%
CARDINAL HEALTH
2.32%
AKAMAI TECHNOLOGIES
2.16%
WTTS WTER TECH
2.15%
COCA COLA CONSOLIDATED
2.15%
ARCOSA INC
2.08%
FRONTDOOR
2.08%
POLARIS INDUSTRIES
2.01%
MCKESSON
1.94%
Frequently asked questions about INVN and SRHQ

How have the INVN and SRHQ ETFs performed in 2026?

As of April 29, 2026, INVN is down -9.51% year-to-date (YTD), while SRHQ has returned 10.15%. That puts SRHQ better performer ahead so far this year.

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

Year-to-date, the INVN ETF saw -$3M in flows, compared to -$199K for SRHQ.

Which ETF is more volatile: INVN or SRHQ?

Over the past year, INVN had a volatility of 20.46%, while SRHQ experienced 15.2%.

Which ETF is bigger: INVN or SRHQ?

As of April 29, 2026, INVN holds $11.26 M in assets under management (AUM), while SRHQ manages $191.73 M.

What sectors do the INVN and SRHQ ETFs invest in?

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

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

INVN top holdings include CORCEPT THERAPEUTICS, OKTA and UNITY SOFTWARE. SRHQ holds in its top three: CIENA, EMCOR GROUP and JABIL CIRCUIT.

Which ETF is more diversified: INVN or SRHQ?

INVN holds 49 securities with 32.27% of its assets in the top 15. SRHQ has 57 securities and a top 15 weight of 43.25%.

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