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Data as of Nov 4, 2026.

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Thematic ETFs

ALAI vs LQAI: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, ALAI returned +9.9% to LQAI's +13.0%; 27% of their weight is in the same names.

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Net assets: $451m on Jun 30, 2026 for Alger AI Enablers & Adopters ETF, and $2.2m on Jul 31, 2026 for LG QRAFT AI-Powered U.S. Large Cap Core ETF.

ALAI on its own →LQAI on its own →
At a glance
60.0%
ALAI in the S&P 500
92.9%
LQAI in the S&P 500
+9.9%
ALAI total return, 1 year
+13.0%
LQAI total return, 1 year
ALAI · 1 year to Nov 4, 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: 63% 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: 63% in

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

LQAI · 1 year to Nov 4, 2026 7% of its weight is outside the S&P 500
7% of its weight is outside the S&P 50093% of LQAI's weight is in S&P 500 companies and 7% is outside the index. Holdings as of Jul 31, 2026.93%7%of its weight in S&P 500 companies7% of its weight outside the S&P 500active share 65% · top ten 40% of the fund · 100 holdings as filed for Jul 31, 2026 · Nasdaq-100: 53% in7% of its weight is outside the S&P 50093% of LQAI's weight is in S&P 500 companies and 7% is outside the index. Holdings as of Jul 31, 2026.93%7%of its weight in S&P 500 companies7% of its weight outside the S&P 500active share 65% · Nasdaq-100: 53% in

93% of LQAI's weight is in S&P 500 companies and 7% is outside the index. Holdings as of Jul 31, 2026.

Pair scorecard

ALAI costs 0.17 points a year less; their one-year returns differ by 3.1 points.

Points (pts) are percentage points.

ALAI vs LQAI: Holdings Overlap & Returns
MeasureALAILQAI
Return
Total return, 1 year+9.9%+13.0%
Drawdown
Below its all-time high15.2%, high on Oct 6, 20266.2%, high on Jun 30, 2026
Against its benchmark
What it tracksArtificial intelligenceArtificial intelligence
Against the S&P 500, 1 yearbehind by 4.9 pts
Its benchmark, total return, 1 year+14.8%
Against its benchmark, 1 yearbehind by 4.9 pts
Cost and size
Expense ratio0.58%0.75%
Net assets, ALAI as of Jun 30, 2026 and LQAI as of Jul 31, 2026$451m$2.2m
Holdings
Holdings in common27%
ETFIQ S&P 500 Difference Score · ALAI scores higher How much of its weight does it not share with the S&P 500?
IQ Themes Score7.5ALAI6.6LQAI

How different its holdings are from the S&P 500, ranked against 114 thematic ETFs with at least half their money in S&P 500 companies. 100 is best. How it is computed

0.4, the lowest in this set 99.6, the highest

Weight not shared with the S&P 500 only; it says nothing about returns, fees or whether the theme pays off. All thematic ETFs ranked by it →

Method

What they share

27%

By the books each fund has filed, ALAI and LQAI hold 27% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.

0 half 100%

half

27% in common

Positions both hold · largest shared weight first ALAI LQAI
NVIDIA CORP 12.25% 5.27%
MICROSOFT CORP 4.78% 4.79%
AMAZON.COM INC 5.37% 4.35%
APPLE INC 2.83% 4.09%
TESLA INC 2.57% 3.22%
MICRON TECHNOLOGY INC 1.49% 5.37%
ADVANCED MICRO DEVICES INC 1.35% 3.60%
GE VERNOVA INC 1.31% 1.29%
SANDISK CORP 0.64% 3.39%
ROCKET COMPANIES INC 0.84% 0.55%
NATERA INC 1.06% 0.41%
NRG ENERGY INC 0.49% 0.33%
Only in one fund ↓
Only in ALAI
TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD 5.96%
NEBIUS GROUP NV 4.12%
SPACE EXPLORATION TECHNOLOGIES CORP 3.09%
Anthropic PBC 2.92%
APPLOVIN CORP 2.09%
TALEN ENERGY CORP 1.98%
DISRUPTIVE TECHNOLOGY SOL 1.95%
SEA LTD 1.65%
Only in LQAI
INTEL CORP 2.96%
JP MORGAN CHASE & COMPANY 2.57%
WARNER BROS. DISCOVERY INC 2.27%
FORD MOTOR CO 1.98%
KINDER MORGAN INC 1.88%
HUNTINGTON BANCSHARES INC 1.85%
NU HOLDINGS LTD 1.85%
COMCAST CORP 1.77%
Check overlap with more funds →

Window by window

Window by window: ALAI vs LQAI: Holdings Overlap & Returns
Total returnvs its benchmark
WindowALAILQAIALAILQAI
3 months−9.3%−1.1%−9.2 pts vs VOOnot measured
6 months−3.5%+2.7%−8.5 pts vs VOOnot measured
1 year+9.9%+13.0%−4.9 pts vs VOOnot measured
Since launchNot the same days: ALAI Apr 2024 · LQAI Nov 2023+107.2%+84.0%+54.7 pts vs VOOnot measured

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Side by side

ALAI Alger AI Enablers & Adopters ETF · Holds 79 stocks in artificial intelligence, 60% of its weight in S&P 500 companies LQAI LG QRAFT AI-Powered U.S. Large Cap Core ETF · Holds 100 stocks in artificial intelligence, 93% of its weight in S&P 500 companies
Issuer Alger Qraft
Theme Artificial intelligence Artificial intelligence
In the S&P 500 60.0% 92.9%
Active share vs the S&P 500 65.2% 64.9%
In the Nasdaq-100 62.8% 52.9%
Holdings 79 100
Top ten, share of the fund 52.3% 39.6%
Expense ratio 0.58% 0.75%
Fee for the differing part 0.89% 1.16%
Total return, 1 year +9.9% +13.0%
vs its benchmark −4.9 pts vs VOO not measured
Below its high −15.2% −6.2%
Net assets, ALAI as of Jun 30, 2026 and LQAI as of Jul 31, 2026 $451m $2.2m

As of Nov 4, 2026. Source: ETFIQ.

27% 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 Nov 4, 2026 the fund returned +9.9% with distributions reinvested against +14.8% for its benchmark, the S&P 500 Index, so a holder was behind by 4.9 pts. It sits 15.2% below its all-time high of Oct 6, 2026.

LQAI

By weight, 93% of LQAI'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 40% of the fund across 100 positions, as filed for Jul 31, 2026. Over the year to Nov 4, 2026 the fund returned +13.0% with distributions reinvested. It sits 6.2% below its all-time high of Jun 30, 2026.

Questions people ask

Do ALAI and LQAI hold the same stocks?
By their latest filings, 27% 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 LQAI?
ALAI has 60% of its weight in S&P 500 names and LQAI has 93%, so ALAI differs more from the index.
Which is cheaper, ALAI or LQAI?
ALAI charges 0.58% a year and LQAI charges 0.75%, so ALAI is cheaper. Fees come from each fund's prospectus.
Other comparisons
ALAI vs KAITALAI vs DRGNALAI vs NEWZALAI vs DRAILQAI vs THNQLQAI vs KOIDLQAI vs WTAILQAI vs ROBT
Where to next
ALAI on its own →LQAI on its own →ALAI dividend history →ALAI holdings →LQAI dividend history →LQAI holdings →Method →Standards and sources →
Sources and dates
ALAI filings on SEC EDGAR ↗
ALAI prospectus with the expense ratio (SEC) ↗
Alger website ↗
LQAI filings on SEC EDGAR ↗
LQAI prospectus with the expense ratio (SEC) ↗
Qraft website ↗

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

How this is computed

It is a place in a set, not a rating or a recommendation.

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 LQAI, data as of Nov 4, 2026. https://etfiq.com/compare/themes/alai-vs-lqai

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