Data as of .
ALAI vs KAIT: which is really different?
ALAI and KAIT hold 0% of their weight in the same names.
ETFIQ Off-Index Score: KAIT 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
0% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, ALAI and KAIT hold 0% of their money in the same securities at the same weight.
| Holding | ALAI | KAIT |
|---|---|---|
| SK HYNIX INC | 0.29% | 5.67% |
| SAMSUNG ELECTRONICS CO LTD | 0.25% | 4.96% |
| Only in ALAI | Only in KAIT |
|---|---|
| NVIDIA CORP 12.01% | TAIWAN SEMICONDUCTOR MANUFAC 6.16% |
| TAIWAN SEMICONDUCTOR MANUFACTURING COMPA 5.85% | ASIA VITAL COMPONENTS 4.30% |
| AMAZON.COM INC 5.27% | ADVANTEST CORP 4.05% |
| MICROSOFT CORP 4.69% | AURAS TECHNOLOGY CO LTD 3.71% |
| ALPHABET INC 4.64% | LAND MARK OPTOELECTRONICS 3.61% |
| WESTERN DIGITAL CORP 4.26% | HANMI SEMICONDUCTOR CO LTD 3.01% |
| NEBIUS GROUP NV 4.04% | TOKYO ELECTRON LTD 2.68% |
| META PLATFORMS INC 3.78% | SAMSUNG ELECTRO-MECHANICS CO 2.48% |
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 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| ALAI | KAIT | ALAI | KAIT | ALAI | KAIT | |
| 3 months | −2.2% | not published | −4.4 pts | not published | +0.3 pts | not published |
| 6 months | +38.0% | not published | +19.9 pts | not published | +13.7 pts | not published |
| 1 year | +25.6% | not published | +9.1 pts | not published | +3.9 pts | not published |
| Since launch | +132.7% | +3.8% | +81.4 pts | +4.5 pts | +66.9 pts | +3.1 pts |
| ALAI Alger AI Enablers & Adopters ETF Holds 79 stocks in artificial intelligence, 60% of its weight in S&P 500 companies | KAIT KraneShares Asia AI Technology ETF Holds 52 stocks in artificial intelligence, 0% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Alger | KraneShares |
| Theme | Artificial intelligence | Artificial intelligence |
| In the S&P 500 | 60.0% | 0.0% |
| Active share vs the S&P 500 | 65.2% | 100.0% |
| In the Nasdaq-100 | 54.4% | 0.0% |
| Holdings | 79 | 52 |
| Top ten, share of the fund | 51.3% | 40.6% |
| Expense ratio | 0.58% | not published |
| Fee for the differing part | 0.89% | not published |
| Total return, 1 year | +25.6% | +3.8% (since launch on Aug 19, 2026) |
| vs the S&P 500 | +9.1 pts | +4.5 pts |
| vs the Nasdaq-100 | +3.9 pts | +3.1 pts |
| Below its high | −2.2% | −1.1% |
| Net assets | $451m | $5m |
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.
KAIT in plain words
By weight, 0% of KAIT'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 41% of the fund across 52 positions, as published by its issuer for Sep 18, 2026. Since it launched on Aug 19, 2026 the fund returned +3.8% with distributions reinvested against −0.7% for the S&P 500, so a holder was ahead by 4.5 pts.
Questions people ask
- Do ALAI and KAIT hold the same stocks?
- By their latest filings, 0% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, ALAI or KAIT?
- ALAI has 60% of its weight in S&P 500 names and KAIT has 0%, so KAIT differs more from the index.
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, ALAI against KAIT, data as of Sep 18, 2026. https://etfiq.com/compare/themes/alai-vs-kait Free to use with attribution; the underlying files are at Open data.