New
Trackinsight is part of ETF One, the fully integrated ETF platform of Kepler Cheuvreux. Learn more →
Help us improve your experience. Please confirm your investor type:
Compare ETFs Easily
The Ultimate ETF Comparison Tool - Try Now!
Analyze up to 5 ETFs side-by-side and gain instant insights on performance, fees, holdings, and more to make data-driven investment decisions.
CNEQ ETF · Alger Concentrated Equity ETF
The CNEQ 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 5/1/2026, 1:30 PM UTC
LIVE
CLOSED
This fund is part ofUS Large Cap Growth1M perf.+14.35%
Last price
$36.73
1M perf.
+16.76%
1M flows
+€44M
AuM
€435M
E/R
1.62%
Rating
Not rated
ESG Consensus®
CNEQ
$36.73
Performance & flows
Segment for quartile rank
February 2, 2026 → May 1, 2026
Create a free account to view the flows graph
CNEQ
$36.65
+7.83%
US Large Cap Growth
+4.08%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | +16.76%  | +7.83% | +54.36% | N/A | N/A | +1.01% | +17.96% | +6.76% | |
| 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
5/1/2026
$36.65
1D NAV change
+1.01%
Dividend policy
No. of holdings
23
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
Create a free account to view dividend distribution
Classification
Investment strategy
Alger Concentrated Equity ETF seeks long-term capital appreciation
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
Create a free Trackinsight Essentials account to unlock insights
Access exclusive metrics and features to support your investment decisions.
New to Trackinsight?
For individual investors
Essentials
A forever free toolbox for fund selection, analysis, research, and ETF portfolio construction.
More fund data
Compare up to 3 funds
More screener filters
Choose your own screener columns from 100+ metrics
Lists for saving your research
Portfolio construction and analysis
Personal dashboard for live monitoring
For professional investors
Enterprise
Trackinsight Enterprise addresses the everyday operational, regulatory, and analytical pain points faced by professional and institutional ETF investors, from selection to execution.
Request a free trialSimilar ETFs in your region
SLTY
1M perf.
-6.41%
E/R
1.24%
WINN
1M perf.
+17.53%
E/R
0.57%
PJFG
1M perf.
+17.67%
E/R
0.75%
IWLG
1M perf.
+17.28%
E/R
0.85%
IWFG
1M perf.
+16.55%
E/R
1.2%
Advertisement
Risk profile
Segment for quartile rank
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +7.83% | +54.36% | N/A | N/A |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
Create a free account to view risk/return table
Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
More exposure metrics are available, exclusively in Trackinsight Enterprise
Exposure
Countries
USA
78.41%
Netherlands
5.24%
Canada
2.63%
Unavailable
13.72%
Sectors
Information Technology
38.69%
Communication Services
14.56%
Consumer Discretionary
11.27%
Industrials
4.82%
Health Care
4.42%
Utilities
1.33%
Unavailable
24.23%
Other
0.68%
Diversification
Total weight of top 15 holdings out of 23
Top 15 holdings
Data as of March 31, 2026
NVIDIA
MICROSOFT-T
AMAZON.COM INC
US8740391003
ALPHABET INC-CL
YANDEX
APPLE
BROADCOM LIMITED
Create a free account to view top holdings
TESLA
WESTERN DIGITAL
US36828A1016
META PLATFORMS
APPLOVIN
GFL ENVIRONMENTAL INC
HEICO
Create a free account to view top holdings
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
€988M
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 | €435M |
ALAI | Alger AI Enablers & Adopters ETF | €308M |
ATFV | Alger 35 ETF | €123M |
FRTY | Alger Mid Cap 40 ETF | €113M |
INVN | Alger Russell Innovation ETF | €9.6M |
Frequently asked questions about CNEQ
What does Alger Concentrated Equity ETF, CNEQ, invest in?
CNEQ is a Active ETF. This ETF provides exposure to Other Large Cap US Equities.
What is the Total Expense ratio (TER) of CNEQ?
CNEQ carries a total expense ratio (TER) of 1.62%, indicating the annual cost for holding the fund.
When was CNEQ launched?
CNEQ was introduced to the market on April 5, 2024. It trades on United States
Who is the ETF issuer of CNEQ?
Alger Concentrated Equity ETF, CNEQ, is provided by Fred Alger Management. Learn more about Fred Alger Management here.
What is the current assets under management (AUM) of CNEQ?
CNEQ oversees €435M in assets as of May 1, 2026.
How has CNEQ performed lately?
Based on data from May 1, 2026, CNEQ returned 16.76% over the past month, 7.83% over the last three months and 6.76% year-to-date.
What are the latest inflows or outflows for CNEQ?
As of May 1, 2026, CNEQ recorded net flows of +€44M over the last month and +€214M year-to-date.
Does CNEQ distribute dividends?
CNEQ follows a distributing dividend policy, meaning it pays out income to investors. As of May 1, 2026, its 12-month trailing yield was 0.49%.
What are the main country or region exposures of CNEQ?
As of March 31, 2026, CNEQ has significant geographic allocations in USA, Netherlands and Canada.
In which sector or theme does CNEQ invest in?
As of March 31, 2026, CNEQ focuses largely on Information Technology, Communication Services and Consumer Discretionary.
How many securities does CNEQ hold and how diversified is it?
As of March 31, 2026, CNEQ holds 23 positions in its portfolio, with 76.64% of assets concentrated in its top 15 holdings.
What are the main positions in CNEQ?
As of March 31, 2026, CNEQ top three holdings include NVIDIA, MICROSOFT-T and AMAZON.COM INC.
What is the base currency of CNEQ?
The base currency of CNEQ is USD.
Advertisement
About Trackinsight
Since our founding in 2016, we have been at the forefront of the industry, delivering accessible, comprehensive, and reliable tools to support the evolving needs of investors.
Over the past decade, Trackinsight has expanded its operations across six countries, serving thousands of professional investors. We’ve consistently innovated to provide cutting-edge solutions that meet the changing demands of the ETF market.
In 2024, Kepler Cheuvreux, a leading independent European financial services firm, acquired a majority stake in Trackinsight, becoming the company's principal shareholder.
This strategic partnership solidifies Trackinsight's position as a premier provider of ETF selection and analysis tools, while strengthening Kepler Cheuvreux’s commitment to becoming a leading player in the ETF sector.
Together, we are committed to offering advanced services that empower professional investors, advisors, institutions, and issuers. This new step enables us to deliver even more comprehensive and innovative technological solutions, driving ETF investing to new heights.
More about TrackinsightETF TOOLS
PLATFORM
ETF NEWS & RESEARCH
© 2014-2026 Trackinsight SA. All rights reserved.
Privacy policy | Cookie policy | | Terms of use | Imprint
Privacy policy | Cookie policy | | Terms of use | Imprint
