Data as of . Holdings from the fund’s latest public SEC N-PORT filing; overlap and active share computed by ETFIQ against the IVV and QQQM books; returns from Tiingo end-of-day prices with distributions reinvested.
ALAI · Alger AI Enablers & Adopters ETF
Alger · Themes desk
Open the live card on ETFIQBy 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 4, 2026 the fund returned +35.1% with distributions reinvested against +20.0% for the S&P 500, so a holder was ahead by 15.1 pts.
| Theme (ETFIQ, editorial) | Artificial intelligence |
|---|---|
| Launched | Apr 5, 2024 |
| Already in the S&P 500, by weight (ETFIQ) | 60.0% |
| Active share vs the S&P 500 (ETFIQ) | 65.2% |
| Already in the Nasdaq-100, by weight (ETFIQ) | 54.4% |
| Active share vs the Nasdaq-100 (ETFIQ) | 59.5% |
| Top ten holdings weight | 51.3% |
| Holdings | 79 |
| Net assets (latest filing) | $451M |
| Holdings as of (SEC N-PORT) | Jun 30, 2026 |
| Top holdings | NVIDIA CORP 12.0%, TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD 5.8%, AMAZON.COM INC 5.3%, MICROSOFT CORP 4.7%, ALPHABET INC 4.6%, WESTERN DIGITAL CORP 4.3%, NEBIUS GROUP NV 4.0%, META PLATFORMS INC 3.8%, BROADCOM INC 3.7%, SPACE EXPLORATION TECHNOLOGIES CORP 3.0% |
| 3 months: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | +5.3% / +4.7% / +0.7 pts / +3.3 pts |
| 6 months: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | +35.9% / +15.2% / +20.7 pts / +15.7 pts |
| 1 year: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | +35.1% / +20.0% / +15.1 pts / +9.5 pts |
| since launch: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | +131.9% / +52.6% / +79.3 pts / +66.7 pts |
| Below its all-time high (ETFIQ) | −2.5% |
| Expense ratio (prospectus XBRL) | 0.58% |
| Fee for the part that differs from the S&P 500, active expense ratio (ETFIQ) | 0.89% |
| Closest funds by holdings overlap | JHAI 46%, IVES 46%, FAI 44%, AOTG 42%, FRWD 41% |
Questions people ask
- How much of ALAI is already in the S&P 500?
- By its holdings filed for Jun 30, 2026, 60% of ALAI by weight is stocks the S&P 500 already holds. Its active share against the index is 65%, so that share is the part doing something different.
- What does ALAI hold?
- 79 positions as filed for Jun 30, 2026, with the top ten at 51% of the fund. The largest are NVIDIA CORP at 12.0%, TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD at 5.8%, AMAZON.COM INC at 5.3%.
- Has ALAI beaten the S&P 500?
- Over the year to Sep 4, 2026 ALAI returned +35.1% with distributions reinvested, against +20.0% for the S&P 500, so it finished ahead of the index by 15.1 points.
- What does ALAI cost?
- The prospectus expense ratio is 0.58% a year. Because 65% of the fund differs from the S&P 500, the fee on that differing part works out at 0.89%.
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.
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<p><a href="https://etfiq.com/funds/ALAI.html">ALAI difference bar, updated daily by ETFIQ</a></p>Cite this page. ETFIQ, ALAI on the themes desk, data as of Sep 4, 2026. https://etfiq.com/funds/ALAI.html Free to use with attribution; the underlying files are at Open data.
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