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Data as of .

ALAI vs WTAI: which is really different?

ALAI and WTAI hold 30% of their weight in the same names, and WTAI returned more over the year.

Alger AI Enablers & Adopters ETF and WisdomTree Artificial Intelligence and Innovation Fund.

60.0%ALAI in the S&P 500
65.1%WTAI in the S&P 500
+25.6%ALAI total return, 1 year
+49.7%WTAI total return, 1 year

ETFIQ Off-Index Score: WTAI scores higher

How much of it is not the index it is sold as an alternative to?

ALAI 2.2WTAI 5.10.1, the lowest in this set91.8, the highest

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

ALAI40% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
60%40%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 65% · top ten 51% of the fund · 79 holdings filed Jun 30, 2026 · Nasdaq-100: 54% in60%40%in the S&P 500outsideactive share 65% · top ten 51% of the fund
WTAI35% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
65%35%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 71% · top ten 37% of the fund · 57 holdings filed Jun 30, 2026 · Nasdaq-100: 52% in65%35%in the S&P 500outsideactive share 71% · top ten 37% of the fund

30% 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 WTAI hold 30% of their money in the same securities at the same weight.

Positions ALAI and WTAI both hold, largest shared weight first
HoldingALAIWTAI
NVIDIA CORP12.01%3.76%
AMAZON.COM INC5.27%3.33%
ALPHABET INC4.64%3.13%
TAIWAN SEMICONDUCTOR MANUFACTURING COMPA5.85%3.04%
META PLATFORMS INC3.78%2.82%
BROADCOM INC3.70%2.66%
MICRON TECHNOLOGY INC1.46%5.23%
ADVANCED MICRO DEVICES INC1.33%2.29%
GE VERNOVA INC1.29%1.91%
SNOWFLAKE INC1.02%1.93%
ASTERA LABS INC1.35%0.93%
TESLA INC2.52%0.83%
Only in each
Only in ALAIOnly in WTAI
MICROSOFT CORP 4.69%KIOXIA HOLDINGS CORP 3.98%
WESTERN DIGITAL CORP 4.26%SK SQUARE CO LTD 3.41%
SPACE EXPLORATION TECHNOLOGIES CORP 3.03%PALO ALTO NETWORKS INC 2.86%
Anthropic PBC 2.87%LAM RESEARCH CORP 2.67%
APPLE INC 2.78%MARVELL TECHNOLOGY INC 2.30%
APPLOVIN CORP 2.05%TERADYNE INC 2.09%
SEAGATE TECHNOLOGY HOLDINGS PLC 1.95%ORACLE CORP 1.98%
TALEN ENERGY CORP 1.95%DIGITALOCEAN HOLDINGS INC 1.74%

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.

Performance, window by window

ALAI and WTAI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
ALAIWTAIALAIWTAIALAIWTAI
3 months−2.2%−11.4%−4.4 pts−13.6 pts+0.3 pts−8.9 pts
6 months+38.0%+46.3%+19.9 pts+28.3 pts+13.7 pts+22.1 pts
1 year+25.6%+49.7%+9.1 pts+33.2 pts+3.9 pts+28.0 pts
3 yearsnot published+142.4%not published+64.0 ptsnot published+44.3 pts
Since launch+132.7%+74.0%+81.4 pts−0.6 pts+66.9 pts−14.6 pts
Open the live comparison on ETFIQ
ALAI and WTAI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
ALAI
Alger AI Enablers & Adopters ETF
Holds 79 stocks in artificial intelligence, 60% of its weight in S&P 500 companies
WTAI
WisdomTree Artificial Intelligence and Innovation Fund
Holds 57 stocks in artificial intelligence, 65% of its weight in S&P 500 companies
IssuerAlgerWisdomTree
ThemeArtificial intelligenceArtificial intelligence
In the S&P 50060.0%65.1%
Active share vs the S&P 50065.2%71.4%
In the Nasdaq-10054.4%51.7%
Holdings7957
Top ten, share of the fund51.3%37.1%
Expense ratio0.58%0.45%
Fee for the differing part0.89%0.63%
Total return, 1 year+25.6%+49.7%
vs the S&P 500+9.1 pts+33.2 pts
vs the Nasdaq-100+3.9 pts+28.0 pts
Below its high−2.2%−12.8%
Net assets$451m$674m

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.

WTAI in plain words

By weight, 65% of WTAI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 71%. The top ten holdings are 37% of the fund across 57 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned +49.7% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 33.2 pts. It sits 12.8% below its all-time high of Jun 22, 2026.

Questions people ask

Do ALAI and WTAI hold the same stocks?
By their latest filings, 30% 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, ALAI or WTAI?
ALAI has 60% of its weight in S&P 500 names and WTAI has 65%, so WTAI differs more from the index.
Which is cheaper, ALAI or WTAI?
ALAI charges 0.58% a year and WTAI charges 0.45%, so WTAI 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.

ALAI against WTAI, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, ALAI against WTAI, data as of Sep 18, 2026. https://etfiq.com/compare/themes/alai-vs-wtai Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources