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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.-3.01%
Last price
$32.10
1M perf.
-2.16%
1M flows
+€84M
AuM
€296M
E/R
1.62%
Rating
Not rated
ESG Consensus®
CNEQ
$32.10
Performance & flows
Segment for quartile rank
December 11, 2025 → March 11, 2026
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CNEQ
$32.99
-5.96%
US Large Cap Growth
-5.22%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | -2.16%  | -5.97%  | +44.58%  | N/A | N/A | +0.40% | -3.90% | -3.90%  | |
| 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
3/11/2026
$32.99
1D NAV change
+0.76%
Dividend policy
No. of holdings
25
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
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Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | -5.97% | +44.58% | 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
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Countries
USA
83.83%
Netherlands
3.77%
Canada
2.39%
Unavailable
9.33%
Other
0.68%
Sectors
Information Technology
39.12%
Communication Services
15.53%
Consumer Discretionary
12.44%
Industrials
4.72%
Health Care
4.20%
Utilities
1.65%
Financials
1.27%
Unavailable
21.07%
Diversification
Total weight of top 15 holdings out of 25
Top 15 holdings
Data as of January 31, 2026
NVIDIA
MICROSOFT-T
AMAZON.COM INC
ALPHABET INC-CL
US8740391003
BROADCOM LIMITED
APPLE
META PLATFORMS
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TESLA
YANDEX
APPLOVIN
US36828A1016
GFL ENVIRONMENTAL INC
HEICO
WESTERN DIGITAL
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Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
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Integrates ESG criteria
No
SDG
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Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseIssuer
Fred Alger Management
Fred Alger Management ID Card
Number of funds
5
Total AuM
€769M
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 | €296M |
ALAI | Alger AI Enablers & Adopters ETF | €249M |
FRTY | Alger Mid Cap 40 ETF | €115M |
ATFV | Alger 35 ETF | €101M |
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 €296M in assets as of March 11, 2026.
How has CNEQ performed lately?
Based on data from March 11, 2026, CNEQ returned -2.16% over the past month, -5.97% over the last three months and -3.90% year-to-date.
What are the latest inflows or outflows for CNEQ?
As of March 11, 2026, CNEQ recorded net flows of +€85M over the last month and +€110M year-to-date.
Does CNEQ distribute dividends?
CNEQ follows a distributing dividend policy, meaning it pays out income to investors. As of March 11, 2026, its 12-month trailing yield was 0.55%.
What are the main country or region exposures of CNEQ?
As of January 31, 2026, CNEQ has significant geographic allocations in USA, Netherlands and Canada.
In which sector or theme does CNEQ invest in?
As of January 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 January 31, 2026, CNEQ holds 25 positions in its portfolio, with 77.80% of assets concentrated in its top 15 holdings.
What are the main positions in CNEQ?
As of January 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.
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