ALAI Stock Price, Chart, Stats & News

The Alger ETF Trust
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Technology
Category
1.23%
Dividend yield
$0.5411
0.55%
Expense ratio
424.06M
Assets
51.13%
1Y return
ALAI chart
1M
3M
1Y
5Y
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ALAI returns
| YTD | 20.13% |
| 1Y | 51.13% |
| 1Y volatility | 27.73% |
| 3Y volatility | 0.00% |
| Sharpe ratio | 0.00 |
About
Under typical conditions, this fund allocates at least 80% of its capital—derived from its net assets and any borrowed funds used for investment—to stocks. These equity holdings are in companies, regardless of their market valuation, that are primarily engaged in the creation, adoption, and practical utilization of artificial intelligence (AI) technologies. The fund's management specifically identifies these companies for their perceived strong potential for future expansion.
Top 10 ALAI holdings
| Holding | Ownership |
|---|---|
Technology 11.59% | |
Technology 9.07% | |
Consumer Cyclical 7.52% | |
Technology 5.50% | |
Communication Services 5.41% | |
Communication Services 4.87% | |
Technology 3.92% | |
Technology 3.66% | |
Technology 3.28% | |
Communication Services 3.21% |
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