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Alger Concentrated Equity ETF
CNEQ performance and flow charts
Performance
Flows
Historic performance and flows
Data as of June 12, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | +1.50% | +20.89% | +13.53% | +38.95% | ||
| Flows | +$50M | +$237M | +$365M | +$531M | - | - |
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 | 21 |
| 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 April 30, 2026Diversification
Total weight of top 15 holdings out of 21
Top 15 Holdings
Sectors
Countries
Similar ETFs
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +26.04% | +22.73% | ||
Max drawdown | -9.58% | -18.59% | ||
Max drawdown duration | 22d | 174d | N/A | N/A |
Time to recover | 9d | 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 June 12, 2026, CNEQ manages $660.63 M, reflecting the total assets held in the fund.
How has CNEQ performed recently?
As of June 12, 2026, CNEQ delivered a return of 1.5% over the past month (1M performance), 20.89% over the past three months (3M), and 13.53% year-to-date (YTD).
What are the recent fund flows for CNEQ?
As of June 12, 2026, CNEQ has seen net flows of +$50M in the past month (1M flow) and +$365M year-to-date (YTD).
Does CNEQ pay dividends?
As of June 12, 2026, CNEQ has a trailing 12-month distribution yield of 0.46%.
How many holdings are in CNEQ
As of April 30, 2026, CNEQ holds 21 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 April 30, 2026, CNEQ holds 21 securities, with 70.22% of its assets concentrated in its top 15 holdings.
What are the top holdings of CNEQ?
As of April 30, 2026, CNEQ holds a portfolio of 21 underlyings, with its largest positions including NVIDIA, MICROSOFT-T and AMAZON.COM INC. 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 April 30, 2026, CNEQ has its largest geographic exposures in USA.
What sectors or themes does CNEQ focus on?
As of April 30, 2026, CNEQ is primarily exposed to Information Technology, Consumer Discretionary and Communication Services.
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