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Global ETF Survey 2026
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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 6/5/2026, 1:30 PM UTC
LIVE
CLOSED
This fund is part ofAI & Big Data1M perf.+12.43%
Last price
$43.27
1M perf.
+3.31%
1M flows
+€35M
AuM
€372M
TER
1.68%
Rating
Not rated
ESG Consensus®
ALAI
$43.27
Performance & flows
Segment for quartile rank
March 5, 2026 → June 5, 2026
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ALAI
$43.19
+25.58%
AI & Big Data
+32.70%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | +3.31%  | +25.58%  | +52.97% | N/A | N/A | -4.83% | +30.79% | +19.30% | |
| Flows |
Key fund info
Segment for quartile rank
This ETF's jurisdiction country is not in your region (Europe and Middle East) ·
Main characteristics
More details
NAV
6/5/2026
$43.19
1D NAV change
-5.46%
Dividend policy
No. of holdings
43
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
Segment for quartile rank
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +25.58% | +52.97% | 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
71.57%
Ireland
1.65%
Unavailable
26.20%
Other
0.58%
Sectors
Information Technology
38.24%
Communication Services
11.75%
Consumer Discretionary
10.37%
Health Care
1.92%
Industrials
1.07%
Financials
1.01%
Unavailable
35.00%
Other
0.64%
Diversification
Total weight of top 15 holdings out of 43
Top 15 holdings
Data as of April 30, 2026
NVIDIA
AMAZON.COM INC
MICROSOFT-T
US8740391003
ALPHABET INC-CL
WESTERN DIGITAL
META PLATFORMS
APPLE
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TESLA
APPLOVIN
US81141R1005
US36828A1016
ROKU INC
NATERA
ARISTA NETWORKS
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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
€1.21B
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 | €556M |
ALAI | Alger AI Enablers & Adopters ETF | €372M |
ATFV | Alger 35 ETF | €151M |
FRTY | Alger Mid Cap 40 ETF | €119M |
INVN | Alger Russell Innovation ETF | €8.9M |
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 €372M in assets as of June 5, 2026.
How has ALAI performed lately?
Based on data from June 5, 2026, ALAI returned 3.31% over the past month, 25.58% over the last three months and 19.30% year-to-date.
What are the latest inflows or outflows for ALAI?
As of June 5, 2026, ALAI recorded net flows of +€35M over the last month and +€68M year-to-date.
Does ALAI distribute dividends?
ALAI follows a distributing dividend policy, meaning it pays out income to investors. As of June 5, 2026, its 12-month trailing yield was 1.25%.
What are the main country or region exposures of ALAI?
As of April 30, 2026, ALAI has significant geographic allocations in USA and Ireland.
In which sector or theme does ALAI invest in?
As of April 30, 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 April 30, 2026, ALAI holds 43 positions in its portfolio, with 63.20% of assets concentrated in its top 15 holdings.
What are the main positions in ALAI?
As of April 30, 2026, ALAI top three holdings include NVIDIA, AMAZON.COM INC and MICROSOFT-T.
What is the base currency of ALAI?
The base currency of ALAI is USD.
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