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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 Yesterday at 1:30 PM UTC
LIVE
CLOSED
This fund is part ofUS Large Cap Growth1M perf.+0.59%
Last price
$33.46
1M perf.
+0.40%
1M flows
+€147M
AuM
€354M
E/R
1.62%
Rating
Not rated
ESG Consensus®
CNEQ
$33.46
Performance & flows
Segment for quartile rank
January 8, 2026 → April 8, 2026
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CNEQ
$32.95
-5.15%
US Large Cap Growth
-5.59%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | +0.40%  | -5.15%  | +62.86% | N/A | N/A | +6.05% | +6.05% | -4.02% | |
| 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
4/8/2026
$32.95
1D NAV change
+3.23%
Dividend policy
No. of holdings
24
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 Concentrated Equity 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 | -5.15% | +62.86% | 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
80.96%
Netherlands
4.27%
Canada
2.53%
Unavailable
12.24%
Sectors
Information Technology
37.76%
Communication Services
14.17%
Consumer Discretionary
11.16%
Industrials
4.80%
Health Care
4.31%
Utilities
1.76%
Financials
1.06%
Unavailable
24.98%
Diversification
Total weight of top 15 holdings out of 24
Top 15 holdings
Data as of February 28, 2026
NVIDIA
MICROSOFT-T
AMAZON.COM INC
US8740391003
ALPHABET INC-CL
APPLE
BROADCOM LIMITED
YANDEX
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TESLA
META PLATFORMS
US36828A1016
APPLOVIN
WESTERN DIGITAL
GFL ENVIRONMENTAL INC
HEICO
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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
€828M
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 | €354M |
ALAI | Alger AI Enablers & Adopters ETF | €256M |
FRTY | Alger Mid Cap 40 ETF | €105M |
ATFV | Alger 35 ETF | €105M |
INVN | Alger Russell Innovation ETF | €9.2M |
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 €354M in assets as of April 8, 2026.
How has CNEQ performed lately?
Based on data from April 8, 2026, CNEQ returned 0.40% over the past month, -5.15% over the last three months and -4.02% year-to-date.
What are the latest inflows or outflows for CNEQ?
As of April 8, 2026, CNEQ recorded net flows of +€149M over the last month and +€172M year-to-date.
Does CNEQ distribute dividends?
CNEQ follows a distributing dividend policy, meaning it pays out income to investors. As of April 8, 2026, its 12-month trailing yield was 0.55%.
What are the main country or region exposures of CNEQ?
As of February 28, 2026, CNEQ has significant geographic allocations in USA, Netherlands and Canada.
In which sector or theme does CNEQ invest in?
As of February 28, 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 February 28, 2026, CNEQ holds 24 positions in its portfolio, with 75.45% of assets concentrated in its top 15 holdings.
What are the main positions in CNEQ?
As of February 28, 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.
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