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Alger AI Enablers & Adopters ETF (ALAI): ETF

ETF traded on ARCX under symbol ALAI. Quoted in usd.

Alger AI Enablers & Adopters ETF logo

Alger AI Enablers & Adopters ETF

+2.14%$38.70
ARCX:ALAIEquity
AUM $2.11B·YTD --·Yield --
Alger AI Enablers & Adopters ETF logoARCX:ALAI$38.70+2.14%
About ALAI

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.

Largest holdings

  1. NVDA NVIDIA CORP USD 0.00111.50%
  2. MSFT MICROSOFT COM USD0.000006259.89%
  3. DREYFUS TRSY OBLIG CASH MGMT CL INS6.67%
  4. AMZN AMAZON COM INC USD 0.015.23%
  5. TSM TAIWAN SEMICONDUCTOR M TWD 10.0 ADR5.20%
  6. GOOG ALPHABET INC CLASS C3.74%
  7. META META PLATFORMS INC USD 0.0000063.67%
  8. AVGO BROADCOM INC NPV3.22%
  9. NBIS NEBIUS GROUP N.V.2.84%
  10. TLN TALEN ENERGY CORP NEW USD 0.0012.84%
Full holdings, sectors and countries
Dividend History
Benchmark Comparison
Compared against
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Total Invested
$70,000
Final Portfolio
$109,525
Total Return
+$39,525
(+56.5%)
Dividends Reinvested
$0
compounded into portfolio
Defaults are seeded from historical performance and trailing twelve-month yield. Past performance is not a forecast. Feel free to adjust any input to model your own assumptions.
ETF Key Metrics
AUM$2.11B
NAV$38.79
Premium/Discount-0.23%
Expense Ratio0.58%
Market Cap$432.43M
Shares Outstanding9.93M
Inception DateApr. 4, 2024
Fund Details
IssuerAlger
Asset ClassEquity
Beta1.90
SectorFinancial Services
DomicileUS
52-Week Range
$30.84$48.36
Current: $38.70
Volume
Volume151.41K
Avg Volume78.35K
Vol/Avg1.93x

30d

87.22K

60d

81.89K

90d

71.05K

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