# INVN (Alger Russell Innovation ETF)

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

INVN holds 50 stocks, and 68% of its weight is outside the S&P 500.

## Key facts

- INVN, already in the S&P 500: 32.5%, as of Sep 11, 2026.
- INVN, active share vs the S&P 500: 98.5%, as of Sep 11, 2026.
- INVN, top ten holdings: 22.6%, as of Sep 11, 2026.
- INVN, total return, 1 year: +22.9%, as of Sep 11, 2026.
- INVN, net assets: $10m (SEC filing, whole fund, as filed for Jun 30, 2026).
- INVN, expense ratio: 0.55% (485BPOS XBRL, Apr 28, 2026).

## INVN over each window to Sep 11, 2026

| Window | Total return | S&P 500 | Gap to S&P 500 | Gap to Nasdaq-100 |
| --- | --- | --- | --- | --- |
| 3 months | +22.6% | +3.3% | +19.3 pts | +23.4 pts |
| 6 months | +37.7% | +16.0% | +21.6 pts | +17.0 pts |
| 1 year | +22.9% | +17.5% | +5.4 pts | −0.1 pts |
| Since launch | +29.1% | +32.1% | −3.0 pts | −10.7 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Theme | Broad innovation and megatrends | ETFIQ, editorial |
| Launched | Jan 7, 2025 | ETFIQ |
| Already in the S&P 500, by weight | 32.5% | ETFIQ |
| Active share vs the S&P 500 | 98.5% | ETFIQ |
| Already in the Nasdaq-100, by weight | 9.8% | ETFIQ |
| Active share vs the Nasdaq-100 | 98.8% | ETFIQ |
| Top ten holdings weight | 22.6% | ETFIQ |
| Holdings | 50 | ETFIQ |
| Holdings as of | Jun 30, 2026 | SEC N-PORT |
| 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% | ETFIQ |
| Net assets | $10m | SEC filing, whole fund, as filed for Jun 30, 2026 |
| Below its all-time high | −5.7% | ETFIQ |
| Expense ratio | 0.55% | 485BPOS XBRL, Apr 28, 2026 |
| Fee for the part that differs from the S&P 500, active expense ratio | 0.56% | ETFIQ |
| Closest funds by holdings overlap | ABOT 24%, WCLD 22%, XSW 19%, FCLD 18%, SKYY 17% | ETFIQ |

## Questions

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

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 11, 2026 INVN returned +22.9% with distributions reinvested, against +17.5% for the S&P 500, so it finished ahead of the index by 5.4 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%.


## Cite this page

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

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