ETF overview
Under typical conditions, this fund allocates at least 80% of its capital—derived from its net assets and any borrowed funds used for investment—to stocks. These equity holdings are in companies, regardless of their market valuation, that are primarily engaged in the creation, adoption, and practical utilization of artificial intelligence (AI) technologies. The fund's management specifically identifies these companies for their perceived strong potential for future expansion. It is also important to note that this fund is categorized as non-diversified.
Fund facts
- Expense ratio
- 0.58%
- Fund assets
- 2.46B USD (all share classes)
- Issuer
- Alger
- Inception date
- Apr 4, 2024
- Number of holdings
- 75
Breakdown
Holdings (75)
| Name | Ticker | Weight |
|---|---|---|
| NVIDIA CORP USD 0.001 | NVDA | 12.65% |
| MICROSOFT COM USD0.00000625 | MSFT | 9.31% |
| TAIWAN SEMICONDUCTOR M TWD 10.0 ADR | TSM | 5.61% |
| ALPHABET INC CLASS C | GOOG | 4.93% |
| AMAZON COM INC USD 0.01 | AMZN | 4.92% |
| META PLATFORMS INC USD 0.000006 | META | 4.50% |
| BROADCOM INC NPV | AVGO | 3.84% |
| NEBIUS GROUP N.V. | NBIS | 3.55% |
| SEAGATE TECHNOLOGY HOLD USD 0.00001 | STX | 2.93% |
| MICRON TECHNOLOGY INC USD 0.1 | MU | 2.15% |
| and 62 more | ||
Similar ETFs
- Alger Concentrated Equity ETFCNEQ · Overlap 68% · Expense ratio 0.56%
- Alger 35 ETFATFV · Overlap 60% · Expense ratio 0.56%
- Schwab U.S. Large-Cap Growth ETFSCHG · Overlap 54% · Expense ratio 0.04%
- Fidelity Blue Chip Growth ETFFBCG · Overlap 52% · Expense ratio 0.57%
- Vanguard Morningstar Growth ETFVUG · Overlap 51% · Expense ratio 0.03%
- Vanguard Morningstar Mega Cap Growth ETFMGK · Overlap 50% · Expense ratio 0.05%
- Fidelity Fundamental Large Cap Growth ETFFFLG · Overlap 50% · Expense ratio 0.38%
- Franklin Focused Growth ETFFFOG · Overlap 50% · Expense ratio 0.41%
Overlap is the share of assets the two funds hold in common.
Historical returns do not guarantee future returns. This is not investment advice.
- Expense ratio
- 0.58%
- Fund assets
- 2.46B USD (all share classes)
- Issuer
- Alger
- Inception date
- Apr 4, 2024
- Number of holdings
- 75
| Name | Ticker | Weight |
|---|---|---|
| NVIDIA CORP USD 0.001 | NVDA | 12.65% |
| MICROSOFT COM USD0.00000625 | MSFT | 9.31% |
| TAIWAN SEMICONDUCTOR M TWD 10.0 ADR | TSM | 5.61% |
| ALPHABET INC CLASS C | GOOG | 4.93% |
| AMAZON COM INC USD 0.01 | AMZN | 4.92% |
| META PLATFORMS INC USD 0.000006 | META | 4.50% |
| BROADCOM INC NPV | AVGO | 3.84% |
| NEBIUS GROUP N.V. | NBIS | 3.55% |
| SEAGATE TECHNOLOGY HOLD USD 0.00001 | STX | 2.93% |
| MICRON TECHNOLOGY INC USD 0.1 | MU | 2.15% |
| and 62 more | ||
Under typical conditions, this fund allocates at least 80% of its capital—derived from its net assets and any borrowed funds used for investment—to stocks. These equity holdings are in companies, regardless of their market valuation, that are primarily engaged in the creation, adoption, and practical utilization of artificial intelligence (AI) technologies. The fund's management specifically identifies these companies for their perceived strong potential for future expansion. It is also important to note that this fund is categorized as non-diversified.
- Alger Concentrated Equity ETFCNEQ · Overlap 68% · Expense ratio 0.56%
- Alger 35 ETFATFV · Overlap 60% · Expense ratio 0.56%
- Schwab U.S. Large-Cap Growth ETFSCHG · Overlap 54% · Expense ratio 0.04%
- Fidelity Blue Chip Growth ETFFBCG · Overlap 52% · Expense ratio 0.57%
- Vanguard Morningstar Growth ETFVUG · Overlap 51% · Expense ratio 0.03%
- Vanguard Morningstar Mega Cap Growth ETFMGK · Overlap 50% · Expense ratio 0.05%
- Fidelity Fundamental Large Cap Growth ETFFFLG · Overlap 50% · Expense ratio 0.38%
- Franklin Focused Growth ETFFFOG · Overlap 50% · Expense ratio 0.41%
Overlap is the share of assets the two funds hold in common.
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