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ALAI ETF · Alger AI Enablers & Adopters ETF
The ALAI Exchange Traded Fund (ETF) is provided by Fred Alger Management. This fund is actively managed; it does not track an index. This share class generates a stream of income by distributing dividends.
Last update 4/24/2026, 1:30 PM UTC
LIVE
CLOSED
This fund is part ofAI & Big Data1M perf.+17.40%
Last price
$39.71
1M perf.
+17.15%
1M flows
+€15M
AuM
€298M
E/R
1.68%
Rating
Not rated
ESG Consensus®
ALAI
$39.71
Performance & flows
Segment for quartile rank
January 22, 2026 → April 22, 2026
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ALAI
$39.41
+8.57%
AI & Big Data
+8.24%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | +17.15%  | +8.57%  | +83.77% | N/A | N/A | +19.35% | +19.35% | +8.87% | |
| Flows |
Key fund info
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This ETF's jurisdiction country is not in your region (Europe and Middle East) ·
Main characteristics
More details
NAV
4/22/2026
$39.41
1D NAV change
+2.10%
Dividend policy
No. of holdings
41
Inception date
4/5/2024
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Investment Company
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Investment strategy
Alger AI Enablers & Adopters ETF seeks long-term capital appreciation.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile
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Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +8.57% | +83.77% | N/A | N/A |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
More exposure metrics are available, exclusively in Trackinsight Enterprise
Exposure
Countries
USA
75.38%
Netherlands
4.87%
Ireland
1.72%
Unavailable
17.80%
Other
0.23%
Sectors
Information Technology
40.83%
Communication Services
15.73%
Consumer Discretionary
10.34%
Health Care
2.78%
Financials
1.42%
Industrials
1.16%
Unavailable
27.02%
Other
0.72%
Diversification
Total weight of top 15 holdings out of 41
Top 15 holdings
Data as of March 31, 2026
NVIDIA
MICROSOFT-T
AMAZON.COM INC
US8740391003
ALPHABET INC-CL
YANDEX
WESTERN DIGITAL
BROADCOM LIMITED
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META PLATFORMS
APPLE
TESLA
US81141R1005
APPLOVIN
US36828A1016
NATERA
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More risk metrics are available, exclusively in Trackinsight Enterprise
Sustainability
Integrates ESG criteria
No
SDG
More sustainability metrics are available, exclusively in Trackinsight Enterprise
Issuer
Fred Alger Management
Fred Alger Management ID Card
Number of funds
5
Total AuM
€952M
Expense ratio range
0.95% - 1.68%
Average expense ratio
1.292%
Top 5 funds by Fred Alger Management
| AuM | ||
|---|---|---|
CNEQ | Alger Concentrated Equity ETF | €416M |
ALAI | Alger AI Enablers & Adopters ETF | €298M |
ATFV | Alger 35 ETF | €120M |
FRTY | Alger Mid Cap 40 ETF | €109M |
INVN | Alger Russell Innovation ETF | €9.8M |
Frequently asked questions about ALAI
What does Alger AI Enablers & Adopters ETF, ALAI, invest in?
ALAI is a Active ETF. This ETF provides exposure to Other Large Cap Equities.
What is the Total Expense ratio (TER) of ALAI?
ALAI carries a total expense ratio (TER) of 1.68%, indicating the annual cost for holding the fund.
When was ALAI launched?
ALAI was introduced to the market on April 5, 2024. It trades on United States
Who is the ETF issuer of ALAI?
Alger AI Enablers & Adopters ETF, ALAI, is provided by Fred Alger Management. Learn more about Fred Alger Management here.
What is the current assets under management (AUM) of ALAI?
ALAI oversees €298M in assets as of April 22, 2026.
How has ALAI performed lately?
Based on data from April 22, 2026, ALAI returned 17.15% over the past month, 8.57% over the last three months and 8.87% year-to-date.
What are the latest inflows or outflows for ALAI?
As of April 22, 2026, ALAI recorded net flows of +€15M over the last month and +€24M year-to-date.
Does ALAI distribute dividends?
ALAI follows a distributing dividend policy, meaning it pays out income to investors. As of April 22, 2026, its 12-month trailing yield was 1.37%.
What are the main country or region exposures of ALAI?
As of March 31, 2026, ALAI has significant geographic allocations in USA, Netherlands and Ireland.
In which sector or theme does ALAI invest in?
As of March 31, 2026, ALAI focuses largely on Information Technology, Communication Services and Consumer Discretionary.
How many securities does ALAI hold and how diversified is it?
As of March 31, 2026, ALAI holds 41 positions in its portfolio, with 69.60% of assets concentrated in its top 15 holdings.
What are the main positions in ALAI?
As of March 31, 2026, ALAI top three holdings include NVIDIA, MICROSOFT-T and AMAZON.COM INC.
What is the base currency of ALAI?
The base currency of ALAI is USD.
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