ALAI vs. KQQQ ETF Comparison

Comparison of Alger AI Enablers & Adopters ETF (ALAI) to Kurv Technology Titans Select ETF (KQQQ)

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

$23.64

Average Daily Volume

4,511

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KQQQ

Kurv Technology Titans Select ETF

KQQQ Description

The fund is an actively managed exchange-traded fund ("ETF") that primarily invests its assets in the shares of other ETFs as well as the equity securities of, or derivative instruments (e.g. options) relating to, individual companies in the technology sector ("Technology Companies"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.39

Average Daily Volume

3,842

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ALAI	KQQQ
30 Days	15.53%	10.78%
60 Days	15.69%	9.83%
90 Days	2.10%
12 Months

5 Overlapping Holdings

Symbol	Grade	Weight in ALAI	Weight in KQQQ	Overlap
AAPL	C	7.32%	10.07%	7.32%
AMZN	C	10.18%	10.61%	10.18%
AVGO	A	4.07%	4.44%	4.07%
META	A	6.36%	7.43%	6.36%
NVDA	B	11.1%	6.8%	6.8%

ALAI Overweight 5 Positions Relative to KQQQ

Symbol	Grade	Weight
MSFT	D	13.68%
APP	A	3.74%
GOOG	C	3.41%
NFLX	A	2.55%
SPGI	A	2.4%

ALAI Underweight 2 Positions Relative to KQQQ

	Symbol	Grade	Weight
	GOOGL	C	-11.3%
	TSLA	C	-3.83%