ALAI Alger AI Enablers & Adopters ETF
Quote as of Aug 26, 2026 19:58 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 44.62 | Day Range | 44.31 – 44.64 |
| 52-Week Range | 30.84 – 46.88 | Volume | 27.21K |
| Avg Volume | 84.15K | AUM | $644.9M (Aug 27, 2026) |
| Expense Ratio | 0.58% | Yield (TTM) | 1.21% |
| NAV | 46.23 | Premium/Discount | -3.71% indicative |
| Inception | Apr 04, 2024 | Holdings | 65 |
| Issuer | Alger | Exchange | AMEX |
| Category | Artificial Intelligence | Index Tracked | Not stated in source data |
| CUSIP | 015564503 | ISIN | US0155645031 |
| Management | Not stated in source data | ||
About this ETF
Under typical conditions, this fund allocates at least 80% of its capital—derived from its net assets and any borrowed funds used for investment—to stocks. These equity holdings are in companies, regardless of their market valuation, that are primarily engaged in the creation, adoption, and practical utilization of artificial intelligence (AI) technologies. The fund's management specifically identifies these companies for their perceived strong potential for future expansion. It is also important to note that this fund is categorized as non-diversified.
Description from the fund data provider · profile as of Aug 27, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | +5.41% | +1.04% | +28.66% | +23.57% | +33.67% | — | — | — | +39.72% |
| Total return | +5.41% | +1.04% | +28.66% | +23.57% | +35.75% | — | — | — | +40.99% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Aug 25, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.58% | Annual cost of a $10,000 investment | $58.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Aug 25, 2026 — portfolio reporting date from the data provider; holdings are not live positions. 77 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | NVIDIA CORP USD 0.001 | NVDA | 14.03% | 583.36K | $121.6M |
| 2 | MICROSOFT COM USD0.00000625 | MSFT | 8.17% | 145.30K | $70.8M |
| 3 | AMAZON COM INC USD 0.01 | AMZN | 6.84% | 226.21K | $59.3M |
| 4 | TAIWAN SEMICONDUCTOR M TWD 10.0 ADR | TSM | 5.66% | 119.69K | $49.1M |
| 5 | ALPHABET INC CLASS C | GOOG | 3.69% | 92.82K | $32.0M |
| 6 | META PLATFORMS INC USD 0.000006 | META | 3.35% | 51.89K | $29.0M |
| 7 | NEBIUS GROUP N.V. | NBIS | 3.30% | 135.85K | $28.7M |
| 8 | SEAGATE TECHNOLOGY HOLD USD 0.00001 | STX | 3.12% | 34.04K | $27.0M |
| 9 | WESTERN DIGITAL CORP USD 0.01 | WDC | 2.17% | 43.30K | $18.9M |
| 10 | MICRON TECHNOLOGY INC USD 0.1 | MU | 2.01% | 19.18K | $17.5M |
| 11 | APPLE INC USD 0.00001 | AAPL | 2.01% | 56.26K | $17.5M |
| 12 | BROADCOM INC NPV | AVGO | 2.01% | 48.46K | $17.4M |
| 13 | SNOWFLAKE INC USD 1.0 | SNOW | 1.97% | 52.90K | $17.1M |
| 14 | ADVANCED MICRO DEVICES INC USD 0.01 | AMD | 1.93% | 36.59K | $16.7M |
| 15 | ANTHROPIC PBC | — | 1.93% | 22.38K | $16.7M |
| 16 | LUMENTUM HLDGS INC USD 0.001 | LITE | 1.92% | 20.05K | $16.6M |
| 17 | SPACE EXPL TECHNOLOGIES C USD 0.001 | SPCX | 1.82% | 116.63K | $15.7M |
| 18 | DREYFUS TRSY OBLIG CASH MGMT CL INS | — | 1.70% | 0 | $14.7M |
| 19 | TESLA INC USD 0.001 | TSLA | 1.62% | 40.23K | $14.0M |
| 20 | TALEN ENERGY CORP NEW USD 0.001 | TLN | 1.58% | 44.77K | $13.7M |
| 21 | FIGURE TECHNOLOGY SOLUTI USD 0.0001 | FIGR | 1.30% | 291.89K | $11.3M |
| 22 | ROBINHOOD MKTS INC USD 0.0001 | HOOD | 1.30% | 108.83K | $11.3M |
| 23 | IREN LTD NPV | IREN | 1.23% | 268.12K | $10.7M |
| 24 | NATERA INC USD 0.0001 | NTRA | 1.21% | 32.06K | $10.5M |
| 25 | SEA LTD USD 0.0005 ADR | SE | 1.15% | 86.37K | $10.0M |
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Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 1.21% | Paid (last 12 months) | $0.5411 |
| Frequency | Irregular | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | Dec 18, 2025 | Last payment | $0.5411 (Dec 31, 2025) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Dec 18, 2025 | Dec 18, 2025 | Dec 31, 2025 | $0.5411 |
| Dec 18, 2024 | Dec 18, 2024 | Dec 31, 2024 | $0.1732 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 27.64% / — | Sharpe 1Y / 3Y | 1.35 / — |
| Max drawdown 1Y / 3Y | -19.48% / — | Sortino 1Y | 2.02 |
| Beta vs S&P 500 (3Y) | 1.55 | Correlation vs S&P 500 (1Y) | 0.842 |
| Downside deviation 1Y | 18.49% | Risk-free rate used | 3.72% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Aug 26, 2026. Formulas →
Liquidity
| Volume today | 27.21K | Average volume | 84.15K |
| AUM | $644.9M | Premium/Discount | -3.71% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV — an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $0.00 | 0.00% | $644.9M → $644.9M |
| 1 Week | -$3.2M | -0.50% | $644.9M → $644.9M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source — review them before investing.
Latest News for ALAI
No articles mention this fund directly in the last 7 days — showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.