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CNEQ · Alger Concentrated Equity ETF

Equity fundActively managed0.56% fee$732mSince Apr 5, 2024SEC filings ↗
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CNEQ is actively managed and returned +15.5% over the past year.

+15.5%
Total return, 1 year
0.56%
Expense ratio
30
Holdings
−2.0%
Below its high
WindowTotal returnS&P 500Gap to S&P 500Gap to Nasdaq-100
3M Jul 2 – Oct 2, 2026+3.3%+3.6%−0.3 pts−2.0 pts
6M Apr 2 – Oct 2, 2026+29.8%+17.9%+11.8 pts+1.4 pts
1Y Oct 2, 2025 – Oct 2, 2026+15.5%+16.2%−0.8 pts−8.8 pts
Since listing Apr 5, 2024 – Oct 2, 2026+105.3%+52.8%+52.5 pts+32.9 pts

CNEQ over each window to Oct 2, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.

CNEQ top ten by weight, 59.3% of its 30 equity positions, from the holdings filed for Jun 30, 2026. An index fund holds what the index holds, so this is the index. Source: the fund’s SEC filing.

NVIDIA CORP NVDA 12.97%
TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD TSM 6.06%
MICROSOFT CORP MSFT 5.76%
ALPHABET INC GOOG 5.61%
NEBIUS GROUP NV NBIS 5.37%
Anthropic PBC not filed 5.25%
WESTERN DIGITAL CORP WDC 5.17%
AMAZON.COM INC AMZN 4.59%
APPLE INC AAPL 4.39%
BROADCOM INC AVGO 4.14%
Fund filings on SEC EDGAR ↗
Head to head
Funds near this one
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In plain words

CNEQ is actively managed and tracks no index. Over the year to Oct 2, 2026 it returned +15.5% with distributions reinvested, against +16.2% for the S&P 500 and +24.3% for the Nasdaq-100. The prospectus expense ratio is 0.56% a year. By its holdings filed for Jun 30, 2026, 58% of the fund by weight is stocks the S&P 500 also holds, across 30 positions, with the top ten at 59.3%.
What it tracksNo index, actively managed
Fund typeEquity fund
Category (ETFIQ)Stocks · U.S. large-cap growth
Expense ratio (485BPOS XBRL, Apr 28, 2026)0.56%
Price$41.01
Listed sinceApr 5, 2024
Net assets (SEC filing, whole fund, as filed for Jun 30, 2026)$732m
Below its high (ETFIQ)−2.0%
Holdings30
Top ten weight59.3%
Holdings as of (SEC N-PORT)Jun 30, 2026
Already in the S&P 500, by weight (ETFIQ)58.3%
Active share vs the S&P 500 (ETFIQ)66.1%
Already in the Nasdaq-100, by weight (ETFIQ)53.6%
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

Questions people ask about CNEQ

How has CNEQ performed?
Over the year to Oct 2, 2026, CNEQ returned +15.5% with distributions reinvested, against +16.2% for the S&P 500. Over three years the figure is not published.
What does CNEQ cost?
The prospectus expense ratio is 0.56% a year.
What does CNEQ hold?
30 positions as filed for Jun 30, 2026, with the top ten at 59.3% of the fund. 58% of its weight is in stocks the S&P 500 also holds.
How far is CNEQ below its high?
2.0% below its high of Jun 18, 2026, measured on the reinvested series to Oct 2, 2026.
Sources and dates
Prices, CNEQ and S&P 500Tiingo end-of-day · Oct 2, 2026
Fee, 0.56%Prospectus filing with the expense ratio (SEC) ↗
Net assets, $732mSEC filing, whole fund · Jun 30, 2026
HoldingsHoldings filing (SEC Form N-PORT) · Jun 30, 2026 ↗
IssuerAlger website ↗
All fund filingsFund filings on SEC EDGAR ↗
SourceAlger’s own site ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

ETFIQ covers core, leveraged and inverse, buffer, thematic, option-income, alternatives and spot crypto ETFs. This fund is here because the other funds here are measured against it and portfolios hold it. ETFIQ is an independent publisher and makes no recommendations. Standards and sources

How these figures are computed →Standards and sources →Open data →
Cite this page

ETFIQ, CNEQ, core fund, data as of Oct 2, 2026. https://etfiq.com/funds/cneq

Free to use with attribution; the underlying files are at Open data.

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