ALAI vs. FWD ETF Comparison
Comparison of Alger AI Enablers & Adopters ETF (ALAI) to AB Disruptors ETF (FWD)
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
$26.04
Average Daily Volume
10,103
41
FWD
AB Disruptors ETF
FWD Description
FWD seeks capital growth by actively investing in companies globally, believed to be at the forefront of innovative growth trends. The funds adviser considers such companies as market disrupters. Many may utilize technology to enhance or create new demand for their product or service. The selection process combines a top-down evaluation of macroeconomic growth trends with fundamental, bottom-up analysis of individual companies. Factors such as current and projected profitability, pricing power, competitiveness, technological superiority, and management robustness of a company are considered. Targeted themes may include cloud infrastructure & AI, energy transition, transportation & logistics, medical innovation, digital transactions & media, and industrial innovation. The resulting portfolio of 80-120 stocks is considered non-diversified and may heavily focus on industries within the Information Technology sector.Grade (RS Rating)
Last Trade
$81.57
Average Daily Volume
19,651
82
Performance
| Period | ALAI | FWD |
|---|---|---|
| 30 Days | 8.28% | 1.19% |
| 60 Days | 13.56% | 5.50% |
| 90 Days | 17.83% | 5.29% |
| 12 Months | 42.18% |
22 Overlapping Holdings
| Symbol | Grade | Weight in ALAI | Weight in FWD | Overlap | |
|---|---|---|---|---|---|
| AAPL | C | 11.09% | 0.73% | 0.73% | |
| ADBE | D | 1.2% | 0.73% | 0.73% | |
| AMD | F | 1.01% | 0.7% | 0.7% | |
| AMZN | B | 8.81% | 1.36% | 1.36% | |
| AVGO | C | 4.14% | 1.51% | 1.51% | |
| HUBS | B | 0.2% | 0.66% | 0.2% | |
| ISRG | A | 1.4% | 1.59% | 1.4% | |
| MELI | D | 1.45% | 0.86% | 0.86% | |
| META | C | 6.72% | 1.44% | 1.44% | |
| MRVL | B | 0.48% | 1.23% | 0.48% | |
| MSFT | D | 11.86% | 0.69% | 0.69% | |
| MU | D | 0.88% | 1.04% | 0.88% | |
| NEE | C | 0.27% | 0.74% | 0.27% | |
| NFLX | A | 1.34% | 1.45% | 1.34% | |
| NOW | B | 0.68% | 0.56% | 0.56% | |
| NVDA | A | 10.98% | 5.44% | 5.44% | |
| SHOP | B | 0.24% | 1.39% | 0.24% | |
| SPOT | B | 1.0% | 1.17% | 1.0% | |
| TSLA | A | 0.63% | 2.9% | 0.63% | |
| TTD | B | 0.43% | 1.14% | 0.43% | |
| UBER | F | 0.47% | 0.52% | 0.47% | |
| VRT | A | 2.18% | 1.63% | 1.63% |
ALAI Underweight 60 Positions Relative to FWD
| Symbol | Grade | Weight | |
|---|---|---|---|
| VST | A | -2.21% | |
| ORCL | A | -2.12% | |
| GEV | A | -2.07% | |
| ANET | C | -1.59% | |
| TXN | C | -1.5% | |
| BSX | A | -1.49% | |
| PLTR | A | -1.26% | |
| FTNT | B | -1.2% | |
| HWM | A | -1.18% | |
| EPAM | C | -1.17% | |
| COHR | B | -1.12% | |
| ETN | B | -1.09% | |
| CRWD | B | -1.08% | |
| DASH | A | -1.05% | |
| APO | A | -1.05% | |
| TT | A | -1.03% | |
| ON | F | -1.01% | |
| IOT | A | -1.01% | |
| LRCX | F | -0.98% | |
| CAT | C | -0.97% | |
| LSCC | D | -0.96% | |
| ARM | F | -0.96% | |
| DDOG | A | -0.95% | |
| TER | F | -0.94% | |
| TEAM | A | -0.94% | |
| AMAT | F | -0.93% | |
| MDB | C | -0.91% | |
| WAB | B | -0.85% | |
| BKR | B | -0.84% | |
| LLY | F | -0.83% | |
| GWRE | A | -0.78% | |
| SYK | A | -0.78% | |
| CIEN | B | -0.76% | |
| RBLX | B | -0.75% | |
| MNDY | D | -0.73% | |
| SNPS | C | -0.73% | |
| ABBV | F | -0.71% | |
| LITE | B | -0.68% | |
| SLAB | F | -0.65% | |
| ADI | D | -0.64% | |
| ILMN | C | -0.62% | |
| BKNG | A | -0.61% | |
| TMO | F | -0.6% | |
| AFRM | A | -0.59% | |
| CRL | D | -0.55% | |
| GOOGL | B | -0.53% | |
| FROG | C | -0.52% | |
| RDDT | A | -0.51% | |
| ABT | A | -0.5% | |
| BSY | D | -0.49% | |
| RGEN | F | -0.48% | |
| IQV | F | -0.47% | |
| MEDP | D | -0.46% | |
| IPGP | D | -0.45% | |
| ABNB | D | -0.45% | |
| MPWR | F | -0.42% | |
| FCX | F | -0.41% | |
| PI | D | -0.41% | |
| Z | A | -0.4% | |
| CALX | D | -0.01% |
ALAI: Top Represented Industries & Keywords
FWD: Top Represented Industries & Keywords
Compare ETFs
