AUM $303.9MER 0.55%NAV $37.99Holdings —Inception Apr 2024
Price Chart
Key Statistics
Previous Close
$34.73Day Range
$33.48$33.99
52-Week Range
$20.52$39.21
Avg Volume
97.1KDividend Yield
1.58%Expense Ratio
0.55%AUM
$303.9MShares Outstanding
3.1METF Grades
?ETF Grades compare this fund against others in the same category using percentile rankings across six factors. Grades range from A+ (top 5%) to F (bottom 20%). Updated daily.Sector Breakdown
| Sector | Weight % |
|---|---|
| Technology | 45.39% |
| Communication Services | 19.42% |
| Consumer Cyclical | 15.21% |
| Utilities | 9.00% |
| Financial Services | 5.04% |
| Cash & Others | 3.33% |
| Healthcare | 1.94% |
| Industrials | 0.68% |
Country Allocation
| Country | Weight % |
|---|---|
| United States | 80.39% |
| Taiwan (Province of China) | 5.66% |
| Other | 3.33% |
| Russian Federation | 3.31% |
| Singapore | 2.41% |
| Luxembourg | 1.62% |
| Uruguay | 1.11% |
| Ireland | 0.78% |
| Canada | 0.55% |
| Israel | 0.36% |
| Australia | 0.35% |
| China | 0.13% |
Fund Information
- Issuer
- Alger
- Category
- Technology
- Inception Date
- Apr 8, 2024
- Exchange
- NYSE_ARCA
- Description
- Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies of any market capitalization focusing on the development, adoption, and utilization of artificial intelligence (“AI”) technologies that the manager believes demonstrate promising growth potential. The fund is non-diversified.
Similar ETFs
The Alger AI Enablers & Adopters ETF (ALAI) is an exchange-traded fund issued by Alger that launched on Apr 8, 2024. It currently manages $303.9M in assets under management. The fund charges an expense ratio of 0.55%. It falls under the Technology category.
Top 10 holdings represent 59.5% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | NVDA | NVIDIA Corporation | 11.59% | 189,021 | $3.63B |
| 2 | MSFT | Microsoft Corporation | 9.07% | 58,862 | $2.84B |
| 3 | AMZN | Amazon.com, Inc. | 7.52% | 98,906 | $2.35B |
| 4 | TSM | Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR | 5.50% | 52,215 | $1.72B |
| 5 | META | Meta Platforms Inc Class A | 5.41% | 25,197 | $1.69B |
| 6 | GOOG | Alphabet Inc. Class C | 4.87% | 47,063 | $1.52B |
| 7 | TLN | Talen Energy Corp | 4.62% | 35,912 | $1.45B |
| 8 | AVGO | Broadcom Inc. | 3.92% | 35,059 | $1.23B |
| 9 | AAPL | Apple Inc. | 3.66% | 42,056 | $1.15B |
| 10 | APP | AppLovin Corp. Class A | 3.28% | 15,893 | $1.03B |
| 11 | TSLA | Tesla, Inc. | 3.21% | 21,810 | $1.01B |
| 12 | YNDX | Nebius Group N.V. Class A | 3.21% | 106,285 | $1.01B |
| 13 | WDC | Western Digital Corporation | 2.50% | 40,747 | $780.9M |
| 14 | SE | Sea Limited Sponsored ADR Class A | 2.34% | 51,396 | $732.3M |
| 15 | RKT | Rocket Companies, Inc. Class A | 1.99% | 290,021 | $622.9M |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | -3.27% | |
| 1W | -0.72% | |
| 1M | -3.41% | |
| 3M | -8.47% | |
| 6M | -11.08% | |
| YTD | -7.48% | |
| 1Y | +39.49% | |
| 3Y | +67.54% | |
| 5Y | +67.54% |
Moving Averages
20-Day MA
$34.29
Below 20-Day MA50-Day MA
$35.30
Below 50-Day MA200-Day MA
$34.65
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$39.21
Current Price
$33.59
52-Week Low
$20.52
$20.52$39.21
Current Yield
1.58%
Annual Dividend
$0.7144
Frequency
1x/year
Last Ex-Date
Dec 18, 2025
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Dec 18, 2025 | $0.5411 | Dec 31, 2025 |
| Dec 18, 2024 | $0.1732 | Dec 31, 2024 |
Dividend Payments Over Time
Category Comparison
| Metric | ALAI | Technology(1406 ETFs) | Artificial Intelligence(85 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.55% | 0.67% | 0.76% |
| AUM | $303.9M | $6.77B | $336.1M |
| Dividend Yield | 1.58% | 2.89% | 4.09% |
| Avg Volume | 97.1K | 941.9K | 108.6K |
| Holdings | — | 196 | 47 |
| Performance | |||
| 1-Month Return | -0.14% | -2.77% | -3.26% |
| 6-Month Return | -5.03% | +0.67% | +0.46% |
| YTD Return | -3.82% | -1.54% | -0.86% |
| 1-Year Return | +48.18% | +19.45% | +29.30% |
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