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Data as of Nov 4, 2026.

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Thematic ETFs

ALAI vs XA: Holdings Overlap & Returns

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ALAI and XA hold 1% 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 $8.0m on Nov 4, 2026 for Corgi AI Cybersecurity ETF.

ALAI on its own →XA on its own →
At a glance
60.0%
ALAI in the S&P 500
39.3%
XA in the S&P 500
+9.9%
ALAI total return, 1 year
+61.2%
XA total return, 6 months
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.

XA · 6 months to Nov 4, 2026 61% of its weight is outside the S&P 500
61% of its weight is outside the S&P 50039% of XA's weight is in S&P 500 companies and 61% is outside the index. Holdings as of Nov 4, 2026.39%61%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 99% · top ten 59% of the fund · 26 holdings as published by its issuer for Nov 4, 2026 · Nasdaq-100: 29% in61% of its weight is outside the S&P 50039% of XA's weight is in S&P 500 companies and 61% is outside the index. Holdings as of Nov 4, 2026.39%61%in the S&P 500outside the S&P 500active share 99% · Nasdaq-100: 29% in

39% of XA's weight is in S&P 500 companies and 61% is outside the index. Holdings as of Nov 4, 2026.

Pair scorecard

XA costs 0.23 points a year less.

Points (pts) are percentage points.

ALAI vs XA: Holdings Overlap & Returns
MeasureALAIXA
Return
Total return, 1 year+9.9%not published
Drawdown
Below its all-time high15.2%, high on Oct 6, 202612.0%, high on Oct 27, 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%0.35%
Net assets, ALAI as of Jun 30, 2026 and XA as of Nov 4, 2026$451m$8.0m
Holdings
Holdings in common1%

Method

What they share

1%

By the books each fund has filed, ALAI and XA hold 1% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 4, 2026.

0 half 100%

half

1% in common

Positions both hold · largest shared weight first ALAI XA
DATADOG INC 0.48% 2.90%
F5 INC 0.20% 3.13%
AKAMAI TECHNOLOGIES INC 0.07% 2.57%
CLOUDFLARE INC 0.05% 3.80%
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 XA
Palo Alto Networks Inc 11.17%
Crowdstrike Holdings Inc 10.93%
Okta Inc 6.28%
Rubrik Inc 5.31%
Zscaler Inc 4.69%
Qualys Inc 4.51%
Fortinet Inc 4.42%
GEN DIGITAL INC 4.17%
Check overlap with more funds →

Window by window

Window by window: ALAI vs XA: Holdings Overlap & Returns
Total returnvs its benchmark
WindowALAIXAALAIXA
3 months−9.3%+7.0%−9.2 pts vs VOOnot measured
6 months−3.5%+61.2%−8.5 pts vs VOOnot measured
1 year+9.9%–−4.9 pts vs VOO–
Since launchNot the same days: ALAI Apr 2024 · XA May 2026+107.2%+61.2%+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 XA Corgi AI Cybersecurity ETF · Holds 26 stocks in artificial intelligence, 39% of its weight in S&P 500 companies
Issuer Alger Corgi
Theme Artificial intelligence Artificial intelligence
In the S&P 500 60.0% 39.3%
Active share vs the S&P 500 65.2% 98.9%
In the Nasdaq-100 62.8% 29.4%
Holdings 79 26
Top ten, share of the fund 52.3% 59.3%
Expense ratio 0.58% 0.35%
Fee for the differing part 0.89% 0.35%
Total return, 1 year +9.9% +61.2% (since launch, May 6, 2026)
vs its benchmark −4.9 pts vs VOO not measured
Below its high −15.2% −12.0%
Net assets, ALAI as of Jun 30, 2026 and XA as of Nov 4, 2026 $451m $8.0m

As of Nov 4, 2026. Source: ETFIQ.

1% 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.

XA

By weight, 39% of XA's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 59% of the fund across 26 positions, as published by its issuer for Nov 4, 2026. Since it first traded on May 6, 2026 the fund returned +61.2% with distributions reinvested. It sits 12.0% below its all-time high of Oct 27, 2026.

Questions people ask

Do ALAI and XA hold the same stocks?
By their latest filings, 1% 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 XA?
ALAI has 60% of its weight in S&P 500 names and XA has 39%, so XA differs more from the index.
Which is cheaper, ALAI or XA?
ALAI charges 0.58% a year and XA charges 0.35%, so XA is cheaper. Fees come from each fund's prospectus.
Other comparisons
ALAI vs LQAIALAI vs FAIALAI vs WTAIALAI vs ARTYXA vs THNQXA vs KOIDXA vs WTAIXA vs ROBT
Where to next
All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →ALAI on its own →XA on its own →ALAI dividend history →ALAI holdings →XA holdings →Method →Standards and sources →
Sources and dates
ALAI filings on SEC EDGAR ↗
ALAI prospectus with the expense ratio (SEC) ↗
Alger website ↗
XA filings on SEC EDGAR ↗
XA prospectus with the expense ratio (SEC) ↗
Corgi website ↗

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

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