AUM $2.43BER 0.58%NAV $42.16Holdings 68Inception Apr 2024
Price Chart
Key Statistics
Previous Close
$42.15Day Range
$41.86$43.02
52-Week Range
$31.09$48.00
Avg Volume
63.4KDividend Yield
1.58%Expense Ratio
0.58%AUM
$2.43BShares 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 | 59.21% |
| Consumer Cyclical | 10.04% |
| Communication Services | 9.22% |
| Industrials | 5.96% |
| Cash & Others | 4.97% |
| Healthcare | 3.58% |
| Utilities | 3.25% |
| Financial Services | 2.81% |
| Energy | 0.52% |
| Basic Materials | 0.44% |
Country Allocation
| Country | Weight % |
|---|---|
| United States | 82.06% |
| Taiwan | 5.67% |
| Other | 5.00% |
| Netherlands | 3.72% |
| Singapore | 0.94% |
| Canada | 0.70% |
| Ireland | 0.59% |
| Uruguay | 0.48% |
| China | 0.32% |
| United Kingdom | 0.17% |
| South Korea | 0.15% |
| Finland | 0.13% |
| Australia | 0.06% |
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 $2.43B in assets under management. The fund charges an expense ratio of 0.58%. The fund holds 68 securities in its portfolio. It falls under the Technology category.
Top 10 holdings represent 54.1% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | NVDA | NVIDIA CORP USD 0.001 | 12.89% | 1,475,499 | $313.1M |
| 2 | MSFT | MICROSOFT COM USD0.00000625 | 9.53% | 444,413 | $231.6M |
| 3 | TSM | TAIWAN SEMICONDUCTOR M TWD 10.0 ADR | 5.92% | 348,953 | $143.9M |
| 4 | AMZN | AMAZON COM INC USD 0.01 | 5.14% | 498,851 | $124.9M |
| 5 | GOOG | ALPHABET INC CLASS C | 3.95% | 299,335 | $96.0M |
| 6 | AVGO | BROADCOM INC NPV | 3.80% | 285,892 | $92.4M |
| 7 | META | META PLATFORMS INC USD 0.000006 | 3.71% | 138,810 | $90.1M |
| 8 | NBIS | NEBIUS GROUP N.V. | 3.33% | 508,993 | $81.0M |
| 9 | STX | SEAGATE TECHNOLOGY HOLD USD 0.00001 | 3.17% | 120,004 | $77.1M |
| 10 | TSLA | TESLA INC USD 0.001 | 2.64% | 171,133 | $64.1M |
| 11 | SPCX | SPACE EXPL TECHNOLOGIES C USD 0.001 | 2.46% | 412,092 | $59.7M |
| 12 | MU | MICRON TECHNOLOGY INC USD 0.1 | 2.29% | 64,831 | $55.5M |
| 13 | TLN | TALEN ENERGY CORP NEW USD 0.001 | 2.28% | 167,416 | $55.5M |
| 14 | SNOW | SNOWFLAKE INC USD 1.0 | 2.13% | 164,595 | $51.7M |
| 15 | AMD | ADVANCED MICRO DEVICES INC USD 0.01 | 1.95% | 93,274 | $47.4M |
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Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +1.78% | |
| 1W | -1.88% | |
| 1M | -7.73% | |
| 3M | +5.97% | |
| 6M | +8.56% | |
| YTD | +17.76% | |
| 1Y | +11.53% | |
| 3Y | +112.95% | |
| 5Y | +112.95% |
Moving Averages
20-Day MA
$45.38
Below 20-Day MA50-Day MA
$45.29
Below 50-Day MA200-Day MA
$41.03
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$48.00
Current Price
$42.90
52-Week Low
$31.09
$31.09$48.00
Current Yield
1.58%
Annual Dividend
$1.2554
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, 2025 | $0.5411 | Dec 31, 2025 |
| Dec 18, 2024 | $0.1732 | Dec 31, 2024 |
Dividend Payments Over Time
Category Comparison
| Metric | ALAI | Technology(1558 ETFs) | Artificial Intelligence(85 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.58% | 0.64% | 0.76% |
| AUM | $2.43B | $6.26B | $521.8M |
| Dividend Yield | 1.58% | 3.04% | 4.09% |
| Avg Volume | 63.4K | 520.9K | 109.1K |
| Holdings | 68 | 184 | 61 |
| Performance | |||
| 1-Month Return | -8.89% | -2.89% | -6.48% |
| 6-Month Return | -1.86% | +0.12% | +51.34% |
| YTD Return | +18.42% | +11.14% | +21.48% |
| 1-Year Return | +15.88% | +8.33% | +15.95% |
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