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Data as of .

AIEQ vs ALAI: which is really different?

AIEQ and ALAI hold 22% of their weight in the same names, and ALAI returned more over the year.

Amplify AI Powered Equity ETF and Alger AI Enablers & Adopters ETF.

99.6%AIEQ in the S&P 500
60.0%ALAI in the S&P 500
+11.2%AIEQ total return, 1 year
+25.6%ALAI total return, 1 year

ETFIQ Off-Index Score: AIEQ scores higher

How much of it is not the index it is sold as an alternative to?

AIEQ 2.9ALAI 2.20.1, the lowest in this set91.8, the highest

A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed

AIEQ0% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
100%0%of its weight in S&P 500 companies0% of its weight outside the S&P 500active share 67% · top ten 44% of the fund · 163 holdings filed Sep 21, 2026 · Nasdaq-100: 35% in100%0%of its weight in S&P 500 companies0% of its weight outside the S&P 500active share 67% · top ten 44% of the fund
ALAI40% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
60%40%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 65% · top ten 51% of the fund · 79 holdings filed Jun 30, 2026 · Nasdaq-100: 54% in60%40%in the S&P 500outsideactive share 65% · top ten 51% of the fund

22% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, AIEQ and ALAI hold 22% of their money in the same securities at the same weight.

Positions AIEQ and ALAI both hold, largest shared weight first
HoldingAIEQALAI
NVIDIA Corp4.44%12.01%
Alphabet Inc3.38%4.64%
Microsoft Corp3.31%4.69%
Broadcom Inc2.76%3.70%
Apple Inc2.05%2.78%
Micron Technology Inc1.91%1.46%
GE Vernova Inc4.61%1.29%
AppLovin Corp1.17%2.05%
Freeport-McMoRan Inc2.23%0.62%
Meta Platforms Inc0.60%3.78%
Veeva Systems Inc1.18%0.49%
Seagate Technology Holdings PLC0.23%1.95%
Only in each
Only in AIEQOnly in ALAI
TE Connectivity PLC 6.14%TAIWAN SEMICONDUCTOR MANUFACTURING COMPA 5.85%
Chubb Ltd 4.99%WESTERN DIGITAL CORP 4.26%
Netflix Inc 4.92%NEBIUS GROUP NV 4.04%
Aflac Inc 4.42%SPACE EXPLORATION TECHNOLOGIES CORP 3.03%
Tyson Foods Inc 4.21%Anthropic PBC 2.87%
Biogen Inc 3.56%TESLA INC 2.52%
Howmet Aerospace Inc 3.17%TALEN ENERGY CORP 1.95%
Alphabet Inc 3.03%DISRUPTIVE TECHNOLOGY SOL 1.92%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Sep 21, 2026.

Performance, window by window

AIEQ and ALAI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
AIEQALAIAIEQALAIAIEQALAI
3 months−0.3%−2.2%−2.5 pts−4.4 pts+2.2 pts+0.3 pts
6 months+14.8%+38.0%−3.2 pts+19.9 pts−9.4 pts+13.7 pts
1 year+11.2%+25.6%−5.3 pts+9.1 pts−10.5 pts+3.9 pts
Since launch+42.7%+132.7%−17.4 pts+81.4 pts−28.1 pts+66.9 pts
Open the live comparison on ETFIQ
AIEQ and ALAI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
AIEQ
Amplify AI Powered Equity ETF
Holds 163 stocks in artificial intelligence, 100% of its weight in S&P 500 companies
ALAI
Alger AI Enablers & Adopters ETF
Holds 79 stocks in artificial intelligence, 60% of its weight in S&P 500 companies
IssuerAmplifyAlger
ThemeArtificial intelligenceArtificial intelligence
In the S&P 50099.6%60.0%
Active share vs the S&P 50067.1%65.2%
In the Nasdaq-10034.8%54.4%
Holdings16379
Top ten, share of the fund44.0%51.3%
Expense ratio0.75%0.58%
Fee for the differing part1.12%0.89%
Total return, 1 year+11.2%+25.6%
vs the S&P 500−5.3 pts+9.1 pts
vs the Nasdaq-100−10.5 pts+3.9 pts
Below its high−4.0%−2.2%
Net assets$119m$451m

AIEQ in plain words

By weight, 100% of AIEQ's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 67%. The top ten holdings are 44% of the fund across 163 positions, as published by its issuer for Sep 21, 2026. Over the year to Sep 18, 2026 the fund returned +11.2% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 5.3 pts.

ALAI in plain words

By weight, 60% of ALAI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 65%. The top ten holdings are 51% of the fund across 79 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned +25.6% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 9.1 pts.

Questions people ask

Do AIEQ and ALAI hold the same stocks?
By their latest filings, 22% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, AIEQ or ALAI?
AIEQ has 100% of its weight in S&P 500 names and ALAI has 60%, so AIEQ differs more from the index.
Which is cheaper, AIEQ or ALAI?
AIEQ charges 0.75% a year and ALAI charges 0.58%, so ALAI is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

AIEQ against ALAI, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, AIEQ against ALAI, data as of Sep 18, 2026. https://etfiq.com/compare/themes/aieq-vs-alai Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources