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Data as of Oct 28, 2026.

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Thematic ETFs

ALAI vs COOL: Holdings Overlap & Returns

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ALAI and COOL hold 0% of their weight in the same names.

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Net assets: $451m on Jun 30, 2026 for Alger AI Enablers & Adopters ETF, and $1.4m on Oct 27, 2026 for VegaShares AI Thermal, Cooling & Power Management ETF.

ALAI on its own →COOL on its own →
At a glance
60.0%
ALAI in the S&P 500
11.3%
COOL in the S&P 500
+15.7%
ALAI total return, 1 year
−4.6%
COOL total return, since launch, Aug 13, 2026
ALAI · 1 year to Oct 28, 2026 40% of its weight is outside the S&P 500
40% of its weight is outside the S&P 50060% of ALAI's weight is in S&P 500 companies and 40% is outside the index. Holdings as of Jun 30, 2026.60%40%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 65% · top ten 52% of the fund · 79 holdings as filed for Jun 30, 2026 · Nasdaq-100: 54% in40% of its weight is outside the S&P 50060% of ALAI's weight is in S&P 500 companies and 40% is outside the index. Holdings as of Jun 30, 2026.60%40%in the S&P 500outsideactive share 65% · Nasdaq-100: 54% in

60% of ALAI's weight is in S&P 500 companies and 40% is outside the index. Holdings as of Jun 30, 2026.

COOL · since launch to Oct 28, 2026 12 positions, 34% of its net assets
12 positions, 34% of its net assetsCOOL holds 12 positions, 34% of its net assets. Holdings as of Aug 31, 2026.11%89%inof its weight outside the S&P 500active share 100% · top ten 33% of the fund · 12 holdings as filed for Aug 31, 2026 · Nasdaq-100: 2% in12 positions, 34% of its net assetsCOOL holds 12 positions, 34% of its net assets. Holdings as of Aug 31, 2026.11%89%inof its weight outside the S&P 500active share 100% · Nasdaq-100: 2% in

COOL holds 12 positions, 34% of its net assets. Holdings as of Aug 31, 2026.

Pair scorecard

ALAI costs 0.17 points a year less.

Points (pts) are percentage points.

ALAI vs COOL: Holdings Overlap & Returns
MeasureALAICOOL
Return
Total return, 1 year+15.7%not published
Drawdown
Below its all-time high8.2%, high on Oct 6, 202613.3%, high on Oct 5, 2026
Against its benchmark
What it tracksArtificial intelligenceAI infrastructure and chips
Against the S&P 500, 1 yearahead by 2.0 pts
Its benchmark, total return, 1 year+13.7%
Against its benchmark, 1 yearahead by 2.0 pts
Cost and size
Expense ratio0.58%0.75%
Net assets, ALAI as of Jun 30, 2026 and COOL as of Oct 27, 2026$451m$1.4m
Holdings
Holdings in common0%
Top ten holdings, share of the fund52%32%

Holdings in common uses holdings dated Jun 30, 2026 and Aug 31, 2026. Method

What they share

0%

By the books each fund has filed, ALAI and COOL hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Aug 31, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first ALAI COOL
INFINEON TECHNOLOGIES AG 0.17% 1.99%
Only in one fund ↓
Only in ALAI
NVIDIA CORP 12.25%
TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD 5.96%
AMAZON.COM INC 5.37%
MICROSOFT CORP 4.78%
ALPHABET INC 4.73%
WESTERN DIGITAL CORP 4.34%
NEBIUS GROUP NV 4.12%
META PLATFORMS INC 3.85%
Only in COOL
Vertiv Holdings Co 8.07%
Sanyo Denki Co Ltd 4.00%
Vicor Corp 3.59%
Navitas Semiconductor Corp 3.55%
Advanced Energy Industries Inc 3.50%
Monolithic Power Systems Inc 2.42%
nVent Electric PLC 2.08%
Rohm Co Ltd 1.76%
Check overlap with more funds →

Window by window

Window by window: ALAI vs COOL: Holdings Overlap & Returns
Total returnvs its benchmark
WindowALAICOOLALAICOOL
3 months+9.2%–+3.1 pts vs VOO–
6 months+12.2%–+3.1 pts vs VOO–
1 year+15.7%–+2.0 pts vs VOO–
Since launchNot the same days: ALAI Apr 2024 · COOL Aug 2026+124.2%−4.6%+70.6 pts vs VOOnot measured

– means no data for this window. Open this comparison in the app →

Side by side

ALAI Alger AI Enablers & Adopters ETF · Holds 79 stocks in artificial intelligence, 60% of its weight in S&P 500 companies COOL VegaShares AI Thermal, Cooling & Power Management ETF · Holds 12 stocks in aI infrastructure and chips, 11% of its weight in S&P 500 companies
Issuer Alger VegaShares
Theme Artificial intelligence AI infrastructure and chips
In the S&P 500 60.0% 11.3%
Active share vs the S&P 500 65.2% 99.6%
In the Nasdaq-100 54.4% 2.4%
Holdings 79 12
Top ten, share of the fund 52.3% 32.5%
Expense ratio 0.58% 0.75%
Fee for the differing part 0.89% 0.75%
Total return, 1 year +15.7% −4.6% (since launch, Aug 13, 2026)
vs its benchmark +2.0 pts vs VOO not measured
Below its high −8.2% −13.3%
Net assets, ALAI as of Jun 30, 2026 and COOL as of Oct 27, 2026 $451m $1.4m

As of Oct 28, 2026. Source: ETFIQ.

0% of the two portfolios are the same securities at the same weight.

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About each fund
ALAI

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 52% of the fund across 79 positions, as filed for Jun 30, 2026. Over the year to Oct 28, 2026 the fund returned +15.7% with distributions reinvested against +13.7% for its benchmark, the S&P 500 Index, so a holder was ahead by 2.0 pts. It sits 8.2% below its all-time high of Oct 6, 2026.

COOL

By weight, 11% of COOL's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 32% of the fund across 12 positions, as filed for Aug 31, 2026. Since it first traded on Aug 13, 2026 the fund returned −4.6% with distributions reinvested. It sits 13.3% below its all-time high of Oct 5, 2026.

Questions people ask

Do ALAI and COOL hold the same stocks?
By their latest filings, 0% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, ALAI or COOL?
ALAI has 60% of its weight in S&P 500 names and COOL has 11%, so COOL differs more from the index.
Which is cheaper, ALAI or COOL?
ALAI charges 0.58% a year and COOL charges 0.75%, so ALAI is cheaper. Fees come from each fund's prospectus.
Other comparisons
ALAI vs CGPTALAI vs CHPXALAI vs AIHYALAI vs IVEPCOOL vs THNQCOOL vs WTAICOOL vs ROBTCOOL vs IVES
Where to next
All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →ALAI on its own →COOL on its own →ALAI dividend history →ALAI holdings →COOL holdings →Method →Standards and sources →
Sources and dates
ALAI filings on SEC EDGAR ↗
ALAI prospectus with the expense ratio (SEC) ↗
Alger website ↗
COOL filings on SEC EDGAR ↗
COOL prospectus with the expense ratio (SEC) ↗
VegaShares page for COOL ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, ALAI against COOL, data as of Oct 28, 2026. https://etfiq.com/compare/themes/alai-vs-cool

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.