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Alger Concentrated Equity ETF
CNEQ performance and flow charts
Performance
Flows
Historic performance and flows
Data as of July 29, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | -10.30% | +0.14% | +5.51% | +18.57% | ||
| Flows | +$254M | +$409M | +$655M | +$793M | - | - |
Characteristics
This fund is actively managed; it does not track an index. This share class generates a stream of income by distributing dividends.
| Management strategy | Active |
| Strategy | Long Only |
| Provider | Fred Alger Management |
| N° of holdings | 27 |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | April 5, 2024 |
| ESG | No |
More data and info about CNEQ on Trackinsight
Exposure
Data as of June 30, 2026Diversification
Total weight of top 15 holdings out of 27
Top 15 Holdings
Sectors
Countries
Similar ETFs
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +27.09% | +24.29% | ||
Max drawdown | -13.23% | -18.59% | ||
Max drawdown duration | 38d | 174d | N/A | N/A |
Time to recover | N/A | 23d | N/A | N/A |
What type of ETF is CNEQ?
CNEQ is a Active ETF that provides exposure to Equity assets. It is managed by Fred Alger Management.
What does CNEQ invest in?
This ETF provides exposure to Other Large Cap US Equities. It is part of the segment: US Large Cap Growth.
What is the expense ratio of CNEQ?
The total expense ratio (TER) of CNEQ is 1.62%, representing the annual fee charged by the fund manager.
When was CNEQ launched?
CNEQ was launched on April 5, 2024, marking its entry into the ETF market.
Who is the issuer of CNEQ?
CNEQ is issued by Fred Alger Management.
What is the AUM of CNEQ?
As of July 29, 2026, CNEQ manages $880.15 M, reflecting the total assets held in the fund.
How has CNEQ performed recently?
As of July 29, 2026, CNEQ delivered a return of -10.3% over the past month (1M performance), 0.14% over the past three months (3M), and 5.51% year-to-date (YTD).
What are the recent fund flows for CNEQ?
As of July 29, 2026, CNEQ has seen net flows of +$254M in the past month (1M flow) and +$655M year-to-date (YTD).
Does CNEQ pay dividends?
As of July 29, 2026, CNEQ has a trailing 12-month distribution yield of 0.5%.
How many holdings are in CNEQ
As of June 30, 2026, CNEQ holds 27 securities in its portfolio. This level of diversification can influence the fund’s risk profile and exposure to individual assets.
How diversified is CNEQ?
As of June 30, 2026, CNEQ holds 27 securities, with 72.28% of its assets concentrated in its top 15 holdings.
What are the top holdings of CNEQ?
As of June 30, 2026, CNEQ holds a portfolio of 27 underlyings, with its largest positions including NVIDIA Corp., Taiwan Semiconductor Manufacturing Co., Ltd. and Microsoft Corp.. These top holdings play a significant role in shaping the fund’s performance and exposure.
What countries or regions does CNEQ invest in?
As of June 30, 2026, CNEQ has its largest geographic exposures in USA.
What sectors or themes does CNEQ focus on?
As of June 30, 2026, CNEQ is primarily exposed to Technology and Industrials.
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