ALAI vs. DRUP ETF Comparison

Comparison of Alger AI Enablers & Adopters ETF (ALAI) to GraniteShares Nasdaq Select Disruptors ETF (DRUP)

ALAI

Alger AI Enablers & Adopters ETF

ALAI Description

ALAI focuses on equity securities of firms benefiting from artificial intelligence (AI), targeting both AI Enablersthose developing components for and investing in AI infrastructureand AI Adoptersthose integrating AI to enhance their operations. The fund manager employs fundamental research to select securities, considering factors like revenue, resources devoted to AI, and market share estimates. This process assesses a firms involvement with AI and its potential impact on stock performance in the next one to three years. Additionally, ALAI actively seeks companies experiencing Positive Dynamic Change, or those demonstrating high unit volume growth or significant lifecycle shifts. Investments span all market capitalizations, with at least 25% in AI-related industries like technology, retail, and media. The fund may also include foreign securities and hold cash or equivalents during market volatility or when awaiting investment opportunities. ALAI aims to identify firms at the forefront of AI adoption, striving for sustainable long-term growth.

Grade (RS Rating)

Last Trade

$23.48

Average Daily Volume

4,289

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DRUP

GraniteShares Nasdaq Select Disruptors ETF

DRUP Description

The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its assets (exclusive of collateral held from securities lending) in the securities included in the index. The index is designed by Nasdaq Inc. (the "index provider") to track the performance of large-cap, U.S.-listed companies, with high disruption scores.

Grade (RS Rating)

Last Trade

$53.55

Average Daily Volume

2,182

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ALAI	DRUP
30 Days	11.93%	4.42%
60 Days	20.73%	13.14%
90 Days	2.72%	-2.00%
12 Months		38.68%

2 Overlapping Holdings

	Symbol	Grade	Weight in ALAI	Weight in DRUP	Overlap
	META	A	6.36%	6.36%	6.36%
	MSFT	D	13.68%	9.32%	9.32%

ALAI Overweight 8 Positions Relative to DRUP

Symbol	Grade	Weight
NVDA	B	11.1%
AMZN	C	10.18%
AAPL	C	7.32%
AVGO	B	4.07%
APP	A	3.74%
GOOG	B	3.41%
NFLX	A	2.55%
SPGI	C	2.4%

ALAI Underweight 8 Positions Relative to DRUP

Symbol	Grade	Weight
GOOGL	B	-5.51%
ADBE	F	-3.73%
CRM	B	-3.36%
NOW	B	-3.19%
ISRG	C	-3.07%
PANW	B	-2.67%
SYK	C	-2.55%
AMAT	C	-2.51%