# ALAI (Alger AI Enablers & Adopters ETF)

Alger · Thematic ETFs · data as of Sep 11, 2026

ALAI holds 79 stocks, and 40% of its weight is outside the S&P 500.

## Key facts

- ALAI, already in the S&P 500: 60.0%, as of Sep 11, 2026.
- ALAI, active share vs the S&P 500: 65.2%, as of Sep 11, 2026.
- ALAI, top ten holdings: 51.3%, as of Sep 11, 2026.
- ALAI, total return, 1 year: +27.3%, as of Sep 11, 2026.
- ALAI, net assets: $451m (SEC filing, whole fund, as filed for Jun 30, 2026).
- ALAI, expense ratio: 0.58% (485BPOS XBRL, Apr 28, 2026).

## ALAI over each window to Sep 11, 2026

| Window | Total return | S&P 500 | Gap to S&P 500 | Gap to Nasdaq-100 |
| --- | --- | --- | --- | --- |
| 3 months | +4.1% | +3.3% | +0.8 pts | +4.9 pts |
| 6 months | +34.5% | +16.0% | +18.4 pts | +13.8 pts |
| 1 year | +27.3% | +17.5% | +9.8 pts | +4.3 pts |
| Since launch | +129.8% | +51.4% | +78.4 pts | +65.6 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Theme | Artificial intelligence | ETFIQ, editorial |
| Launched | Apr 5, 2024 | ETFIQ |
| Already in the S&P 500, by weight | 60.0% | ETFIQ |
| Active share vs the S&P 500 | 65.2% | ETFIQ |
| Already in the Nasdaq-100, by weight | 54.4% | ETFIQ |
| Active share vs the Nasdaq-100 | 59.5% | ETFIQ |
| Top ten holdings weight | 51.3% | ETFIQ |
| Holdings | 79 | ETFIQ |
| Holdings as of | Jun 30, 2026 | SEC N-PORT |
| 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% | ETFIQ |
| Net assets | $451m | SEC filing, whole fund, as filed for Jun 30, 2026 |
| Below its all-time high | −3.4% | ETFIQ |
| Expense ratio | 0.58% | 485BPOS XBRL, Apr 28, 2026 |
| Fee for the part that differs from the S&P 500, active expense ratio | 0.89% | ETFIQ |
| Closest funds by holdings overlap | JHAI 46%, IVES 46%, FAI 43%, AOTG 42%, FRWD 41% | ETFIQ |

## Questions

### How much of ALAI is in S&P 500 companies?

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 11, 2026 ALAI returned +27.3% with distributions reinvested, against +17.5% for the S&P 500, so it finished ahead of the index by 9.8 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%.


## Cite this page

ETFIQ, ALAI, data as of Sep 11, 2026. https://etfiq.com/funds/alai
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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