Data as of .
AIFD vs ALAI: which is really different?
AIFD and ALAI hold 32% of their weight in the same names, and AIFD returned more over the year.
ETFIQ Off-Index Score: AIFD scores higher
How much of it is not the index it is sold as an alternative to?
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
32% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, AIFD and ALAI hold 32% of their money in the same securities at the same weight.
| Holding | AIFD | ALAI |
|---|---|---|
| NVIDIA CORP | 7.32% | 12.01% |
| AMAZON.COM INC | 4.42% | 5.27% |
| BROADCOM INC | 6.80% | 3.70% |
| TAIWAN SEMICONDUCTOR-SP ADR | 3.55% | 5.85% |
| TESLA INC | 2.13% | 2.52% |
| MICRON TECHNOLOGY INC | 4.20% | 1.46% |
| NEBIUS GROUP NV | 1.18% | 4.04% |
| MICROSOFT CORP | 1.17% | 4.69% |
| LUMENTUM HOLDINGS INC | 7.23% | 0.74% |
| EATON CORP PLC | 2.99% | 0.58% |
| DATADOG INC - CLASS A | 1.45% | 0.47% |
| SERVICENOW INC | 0.68% | 0.41% |
| Only in AIFD | Only in ALAI |
|---|---|
| ALPHABET INC-CL A 6.27% | ALPHABET INC 4.64% |
| VERTIV HOLDINGS CO-A 5.00% | WESTERN DIGITAL CORP 4.26% |
| MARVELL TECHNOLOGY INC 4.73% | META PLATFORMS INC 3.78% |
| DIGITALOCEAN HOLDINGS INC 3.85% | SPACE EXPLORATION TECHNOLOGIES CORP 3.03% |
| PALO ALTO NETWORKS INC 3.63% | Anthropic PBC 2.87% |
| ASML HOLDING NV-NY REG SHS 2.79% | APPLE INC 2.78% |
| SYMBOTIC INC 2.77% | APPLOVIN CORP 2.05% |
| KLA CORP 2.57% | SEAGATE TECHNOLOGY HOLDINGS PLC 1.95% |
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 Apr 30, 2026 and Jun 30, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| AIFD | ALAI | AIFD | ALAI | AIFD | ALAI | |
| 3 months | −5.1% | −2.2% | −7.3 pts | −4.4 pts | −2.6 pts | +0.3 pts |
| 6 months | +34.1% | +38.0% | +16.1 pts | +19.9 pts | +9.9 pts | +13.7 pts |
| 1 year | +48.4% | +25.6% | +31.9 pts | +9.1 pts | +26.6 pts | +3.9 pts |
| Since launch | +105.1% | +132.7% | +53.3 pts | +81.4 pts | +39.3 pts | +66.9 pts |
| AIFD TCW Artificial Intelligence ETF Holds 32 stocks in artificial intelligence, 78% 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 | |
|---|---|---|
| Issuer | TCW | Alger |
| Theme | Artificial intelligence | Artificial intelligence |
| In the S&P 500 | 77.7% | 60.0% |
| Active share vs the S&P 500 | 73.7% | 65.2% |
| In the Nasdaq-100 | 58.2% | 54.4% |
| Holdings | 32 | 79 |
| Top ten, share of the fund | 55.9% | 51.3% |
| Expense ratio | 0.75% | 0.58% |
| Fee for the differing part | 1.02% | 0.89% |
| Total return, 1 year | +48.4% | +25.6% |
| vs the S&P 500 | +31.9 pts | +9.1 pts |
| vs the Nasdaq-100 | +26.6 pts | +3.9 pts |
| Below its high | −8.5% | −2.2% |
| Net assets | $107m | $451m |
AIFD in plain words
By weight, 78% of AIFD's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 74%. The top ten holdings are 56% of the fund across 32 positions, as filed for Apr 30, 2026. Over the year to Sep 18, 2026 the fund returned +48.4% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 31.9 pts. It sits 8.5% below its all-time high of Jun 2, 2026.
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 AIFD and ALAI hold the same stocks?
- By their latest filings, 32% 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, AIFD or ALAI?
- AIFD has 78% of its weight in S&P 500 names and ALAI has 60%, so AIFD differs more from the index.
- Which is cheaper, AIFD or ALAI?
- AIFD 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.
Cite this page. ETFIQ, AIFD against ALAI, data as of Sep 18, 2026. https://etfiq.com/compare/themes/aifd-vs-alai Free to use with attribution; the underlying files are at Open data.