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Data as of Nov 4, 2026.

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Thematic ETFs

ALAI vs WDRN: Holdings Overlap & Returns

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ALAI and WDRN hold 7% of their weight in the same names.

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Net assets on Jun 30, 2026: $451m for Alger AI Enablers & Adopters ETF and $18m for WisdomTree Physical AI, Humanoids, and Drones Fund.

ALAI on its own →WDRN on its own →
At a glance
60.0%
ALAI in the S&P 500
23.0%
WDRN in the S&P 500
+9.9%
ALAI total return, 1 year
−25.6%
WDRN total return, since launch, May 14, 2026
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.

WDRN · 3 months to Nov 4, 2026 77% of its weight is outside the S&P 500
77% of its weight is outside the S&P 50023% of WDRN's weight is in S&P 500 companies and 77% is outside the index. Holdings as of Jun 30, 2026.23%77%in the S&P 500of its weight outside the S&P 500active share 93% · top ten 36% of the fund · 63 holdings as filed for Jun 30, 2026 · Nasdaq-100: 15% in77% of its weight is outside the S&P 50023% of WDRN's weight is in S&P 500 companies and 77% is outside the index. Holdings as of Jun 30, 2026.23%77%inoutside the S&P 500active share 93% · Nasdaq-100: 15% in

23% of WDRN's weight is in S&P 500 companies and 77% is outside the index. Holdings as of Jun 30, 2026.

Pair scorecard

WDRN costs 0.13 points a year less; ALAI is far larger, $451m against $18m.

Points (pts) are percentage points.

ALAI vs WDRN: Holdings Overlap & Returns
MeasureALAIWDRN
Return
Total return, 1 year+9.9%not published
Drawdown
Below its all-time high15.2%, high on Oct 6, 202633.0%, high on Jun 2, 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%0.45%
Net assets, as of Jun 30, 2026$451m$18m
Holdings
Holdings in common7%

Method

What they share

7%

By the books each fund has filed, ALAI and WDRN hold 7% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026.

0 half 100%

half

7% in common

Positions both hold · largest shared weight first ALAI WDRN
NVIDIA CORP 12.25% 4.62%
TESLA INC 2.57% 5.73%
Only in one fund ↓
Only in ALAI
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%
BROADCOM INC 3.78%
Only in WDRN
AMPRIUS TECHNOLOGIES INC 4.34%
HARMONIC DRIVE SYSTEMS INC 3.76%
RED CAT HOLDINGS INC 3.35%
AURORA INNOVATION INC 3.27%
ONDAS INC 2.76%
HYUNDAI MOTOR COMPANY 2.67%
ALLIENT INC 2.65%
SIEMENS AG 2.60%
Check overlap with more funds →

Window by window

Window by window: ALAI vs WDRN: Holdings Overlap & Returns
Total returnvs its benchmark
WindowALAIWDRNALAIWDRN
3 months−9.3%−18.2%−9.2 pts vs VOO−16.9 pts vs ACWI
6 months−3.5%–−8.5 pts vs VOO–
1 year+9.9%–−4.9 pts vs VOO–
Since launchNot the same days: ALAI Apr 2024 · WDRN May 2026+107.2%−25.6%+54.7 pts vs VOO−27.4 pts vs ACWI

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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 WDRN WisdomTree Physical AI, Humanoids, and Drones Fund · Holds 63 stocks in artificial intelligence, 23% of its weight in S&P 500 companies
Issuer Alger WisdomTree
Theme Artificial intelligence Artificial intelligence
In the S&P 500 60.0% 23.0%
Active share vs the S&P 500 65.2% 92.6%
In the Nasdaq-100 62.8% 15.2%
Holdings 79 63
Top ten, share of the fund 52.3% 35.8%
Expense ratio 0.58% 0.45%
Fee for the differing part 0.89% 0.49%
Total return, 1 year +9.9% −25.6% (since launch, May 14, 2026)
vs its benchmark −4.9 pts vs VOO −27.4 pts vs ACWI (since launch, May 14, 2026)
Below its high −15.2% −33.0%
Net assets, as of Jun 30, 2026 $451m $18m

As of Nov 4, 2026. Source: ETFIQ.

7% 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.

WDRN

By weight, 23% of WDRN's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 93%. The top ten holdings are 36% of the fund across 63 positions, as filed for Jun 30, 2026. Since it first traded on May 14, 2026 the fund returned −25.6% with distributions reinvested. It sits 33.0% below its all-time high of Jun 2, 2026.

Questions people ask

Do ALAI and WDRN hold the same stocks?
By their latest filings, 7% 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 WDRN?
ALAI has 60% of its weight in S&P 500 names and WDRN has 23%, so WDRN differs more from the index.
Which is cheaper, ALAI or WDRN?
ALAI charges 0.58% a year and WDRN charges 0.45%, so WDRN is cheaper. Fees come from each fund's prospectus.
Other comparisons
ALAI vs DRGNALAI vs NEWZALAI vs DRAIALAI vs WISEWDRN vs CHATWDRN vs ARTYWDRN vs BAIWDRN vs THNQ
Where to next
All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →ALAI on its own →WDRN on its own →ALAI dividend history →ALAI holdings →WDRN holdings →Method →Standards and sources →
Sources and dates
ALAI filings on SEC EDGAR ↗
ALAI prospectus with the expense ratio (SEC) ↗
Alger website ↗
WDRN filings on SEC EDGAR ↗
WDRN prospectus with the expense ratio (SEC) ↗
WisdomTree page for WDRN ↗

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.

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ETFIQ, ALAI against WDRN, data as of Nov 4, 2026. https://etfiq.com/compare/themes/alai-vs-wdrn

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