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.
INVN · Alger Russell Innovation ETF
Alger · Themes desk
Open the live card on ETFIQBy weight, 32% of INVN's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 23% of the fund across 50 positions, as filed for Jun 30, 2026. Over the year to Sep 4, 2026 the fund returned +31.2% with distributions reinvested against +20.0% for the S&P 500, so a holder was ahead by 11.2 pts.
| Theme (ETFIQ, editorial) | Broad innovation and megatrends |
|---|---|
| Launched | Jan 7, 2025 |
| Already in the S&P 500, by weight (ETFIQ) | 32.5% |
| Active share vs the S&P 500 (ETFIQ) | 98.5% |
| Already in the Nasdaq-100, by weight (ETFIQ) | 9.8% |
| Active share vs the Nasdaq-100 (ETFIQ) | 98.8% |
| Top ten holdings weight | 22.6% |
| Holdings | 50 |
| Net assets (latest filing) | $10M |
| Holdings as of (SEC N-PORT) | Jun 30, 2026 |
| Top holdings | ROBLOX CORP 2.6%, ZEBRA TECHNOLOGIES CORP 2.4%, EXPEDIA GROUP INC 2.3%, MAPLEBEAR INC 2.2%, BLOCK INC 2.2%, ZSCALER INC 2.2%, BILL HOLDINGS INC 2.2%, BIOGEN INC 2.2%, CCC INTELLIGENT SOLUTIONS HOLDINGS INC 2.1%, ETSY INC 2.1% |
| 3 months: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | +23.9% / +4.7% / +19.2 pts / +21.8 pts |
| 6 months: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | +37.7% / +15.2% / +22.6 pts / +17.6 pts |
| 1 year: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | +31.2% / +20.0% / +11.2 pts / +5.6 pts |
| since launch: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | +34.2% / +33.1% / +1.1 pts / −6.4 pts |
| Below its all-time high (ETFIQ) | −2.0% |
| Expense ratio (prospectus XBRL) | 0.55% |
| Fee for the part that differs from the S&P 500, active expense ratio (ETFIQ) | 0.56% |
| Closest funds by holdings overlap | ABOT 24%, WCLD 22%, FCLD 18%, SKYY 17%, XSW 16% |
Questions people ask
- How much of INVN is already in the S&P 500?
- By its holdings filed for Jun 30, 2026, 32% of INVN by weight is stocks the S&P 500 already holds. Its active share against the index is 98%, so that share is the part doing something different.
- What does INVN hold?
- 50 positions as filed for Jun 30, 2026, with the top ten at 23% of the fund. The largest are ROBLOX CORP at 2.6%, ZEBRA TECHNOLOGIES CORP at 2.4%, EXPEDIA GROUP INC at 2.3%.
- Has INVN beaten the S&P 500?
- Over the year to Sep 4, 2026 INVN returned +31.2% with distributions reinvested, against +20.0% for the S&P 500, so it finished ahead of the index by 11.2 points.
- What does INVN cost?
- The prospectus expense ratio is 0.55% a year. Because 98% of the fund differs from the S&P 500, the fee on that differing part works out at 0.56%.
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/INVN.html">INVN difference bar, updated daily by ETFIQ</a></p>Cite this page. ETFIQ, INVN on the themes desk, data as of Sep 4, 2026. https://etfiq.com/funds/INVN.html Free to use with attribution; the underlying files are at Open data.
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