OAIWvsALAIETF Comparison
VS
OpenAI Lab Ecosystem ETF (OAIW) and Alger AI Enablers & Adopters ETF (ALAI) belong to the same industry segment: AI & Big Data. OAIW's top 3 sector exposures are Technology, Finance and Consumer Non-Cyclicals. In contrast, ALAI's top sector exposures are Technology, Consumer Non-Cyclicals and Finance. OAIW is less expensive with a Total Expense Ratio (TER) of 0.59%, versus 1.68% for ALAI. Run a side-by-side ETF comparison of OAIW and ALAI below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
OAIW vs ALAI performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/28/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | OAIW ALAI | +4.76%+3.42% | n/a+3.05% | n/a+27.68% | n/a+25.89% | n/an/a | n/an/a |
| Flows | OAIW ALAI | +$1M+$295M | -+$831M | -+$907M | -+$981M | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | OAIW ALAI | n/a+26.16% | n/a+26.13% | n/an/a | n/an/a |
| Max drawdown | OAIW ALAI | n/a-11.71% | n/a-18.30% | n/an/a | n/an/a |
| Max drawdown duration | OAIW ALAI | n/a43d | n/a169d | n/an/a | n/an/a |
Trading data
OAIW | ALAI | |
Last sale 9/29/2026 at 5:45 PM | $24.78 | $46.58 |
| Previous close 09/28/2026 | $24.12 | $46.34 |
| Consolidated volume 09/28/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Advertisement
Main metrics
Last update 9/29/2026 at 5:45 PM
Live
Closed
OAIW | ALAI | |
|---|---|---|
| Last price | $24.78 | $46.58 |
| 1D performance | +2.74% | +0.51% |
| AuM | $5.57 M | $1.31 B |
| E/R | 0.59% | 1.68% |
Characteristics
OAIW | ALAI | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Harbor Capital | Fred Alger Management |
| Benchmark | - | - |
| N° of holdings | 22 | 64 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | August 13, 2026 | April 5, 2024 |
| ESG | No | No |
Advertisement
Exposure
Countries
OAIW
USA
68.83%
Other
31.17%
ALAI
USA
76.94%
Other
23.06%
Sectors
OAIW
Technology
53.11%
Finance
7.47%
Other
39.42%
ALAI
Technology
66.86%
Consumer Non-Cycl.
9.51%
Other
23.63%
Advertisement
Diversification
OAIW
Total weight of top 15 holdings out of 15
67.23%
ALAI
Total weight of top 15 holdings out of 15
64.03%
Top 15 holdings
Data as of August 31, 2026
OAIW
Microsoft Corp.
8.06%
Oracle Corp.
7.10%
Cerebras Systems, Inc.
6.84%
Amazon.com, Inc.
6.56%
NVIDIA Corp.
4.49%
Broadcom Inc.
4.35%
Taiwan Semiconductor Manufacturing Co., Ltd.
4.10%
Bloom Energy Corp.
4.08%
Advanced Micro Devices, Inc.
3.58%
Core Scientific, Inc.
3.48%
WEC Energy Group, Inc.
3.46%
SK hynix, Inc.
3.30%
Arm Holdings Plc
2.74%
CoreWeave, Inc.
2.69%
Corning, Inc.
2.40%
ALAI
NVIDIA Corp.
14.34%
Microsoft Corp.
8.42%
Amazon.com, Inc.
6.80%
Taiwan Semiconductor Manufacturing Co., Ltd.
5.64%
Alphabet, Inc.
3.78%
Meta Platforms, Inc.
3.47%
Nebius Group NV
3.30%
Seagate Technology Holdings Plc
3.18%
Broadcom Inc.
2.68%
Western Digital Corp.
2.24%
Lumentum Holdings, Inc.
2.16%
Micron Technology, Inc.
2.11%
Apple, Inc.
2.03%
Advanced Micro Devices, Inc.
2.01%
Snowflake, Inc.
1.88%
Frequently asked questions about OAIW and ALAI
Which ETF is bigger: OAIW or ALAI?
As of September 28, 2026, OAIW holds $5.57 M in assets under management (AUM), while ALAI manages $1.31 B.
What sectors do the OAIW and ALAI ETFs invest in?
OAIW leans toward sectors like Technology and Finance. Meanwhile, ALAI focuses on Technology and Consumer Non-Cyclicals.
What are the top holdings of the OAIW ETF and ALAI ETF?
OAIW top holdings include Microsoft Corp., Oracle Corp. and Cerebras Systems, Inc.. ALAI holds in its top three: NVIDIA Corp., Microsoft Corp. and Amazon.com, Inc..
Which ETF is more diversified: OAIW or ALAI?
OAIW holds 22 securities with 67.23% of its assets in the top 15. ALAI has 65 securities and a top 15 weight of 64.03%.
Advertisement
Advertisement
