ALAI vs. NULG ETF Comparison
Comparison of Alger AI Enablers & Adopters ETF (ALAI) to NuShares ESG Large-Cap Growth ETF (NULG)
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
$25.45
Average Daily Volume
10,132
41
NULG
NuShares ESG Large-Cap Growth ETF
NULG Description
The Fund seeks to track the investments results, before fees and expenses, of the TIAA ESG USA Large-Cap Growth Index.Grade (RS Rating)
Last Trade
$86.85
Average Daily Volume
42,471
59
Performance
| Period | ALAI | NULG |
|---|---|---|
| 30 Days | 5.83% | 3.06% |
| 60 Days | 11.52% | 5.71% |
| 90 Days | 16.03% | 7.02% |
| 12 Months | 35.66% |
10 Overlapping Holdings
| Symbol | Grade | Weight in ALAI | Weight in NULG | Overlap | |
|---|---|---|---|---|---|
| ADBE | F | 1.2% | 1.81% | 1.2% | |
| AMD | F | 1.01% | 0.86% | 0.86% | |
| GOOG | B | 2.33% | 4.5% | 2.33% | |
| MELI | D | 1.45% | 1.31% | 1.31% | |
| MRVL | B | 0.48% | 1.46% | 0.48% | |
| MSFT | D | 11.86% | 12.05% | 11.86% | |
| NOW | B | 0.68% | 0.45% | 0.45% | |
| NVDA | B | 10.98% | 14.65% | 10.98% | |
| PWR | A | 0.28% | 1.47% | 0.28% | |
| TSLA | A | 0.63% | 3.89% | 0.63% |
ALAI Overweight 31 Positions Relative to NULG
| Symbol | Grade | Weight | |
|---|---|---|---|
| AAPL | C | 11.09% | |
| AMZN | B | 8.81% | |
| META | C | 6.72% | |
| APP | A | 4.79% | |
| AVGO | C | 4.14% | |
| SPGI | C | 2.88% | |
| TSM | B | 2.57% | |
| VRT | A | 2.18% | |
| DKNG | B | 1.77% | |
| CEG | D | 1.69% | |
| UNH | B | 1.42% | |
| ISRG | A | 1.4% | |
| EQIX | A | 1.34% | |
| NFLX | A | 1.34% | |
| NRG | B | 1.02% | |
| SPOT | A | 1.0% | |
| MU | D | 0.88% | |
| ASML | F | 0.81% | |
| SE | B | 0.8% | |
| PINS | F | 0.79% | |
| NTRA | B | 0.74% | |
| DELL | B | 0.58% | |
| CDNS | B | 0.56% | |
| UBER | F | 0.47% | |
| DLR | A | 0.45% | |
| TTD | B | 0.43% | |
| WMT | A | 0.31% | |
| NEE | C | 0.27% | |
| SHOP | B | 0.24% | |
| JPM | A | 0.22% | |
| HUBS | B | 0.2% |
ALAI Underweight 49 Positions Relative to NULG
| Symbol | Grade | Weight | |
|---|---|---|---|
| GOOGL | B | -4.54% | |
| LLY | F | -3.3% | |
| V | A | -2.96% | |
| MA | A | -2.78% | |
| COST | B | -2.67% | |
| CRM | B | -2.16% | |
| BKNG | A | -2.03% | |
| AMAT | F | -1.67% | |
| CTAS | B | -1.6% | |
| GWW | B | -1.54% | |
| ADSK | B | -1.49% | |
| DASH | A | -1.45% | |
| IT | B | -1.44% | |
| ORLY | B | -1.44% | |
| MCO | D | -1.41% | |
| SNPS | C | -1.35% | |
| CMG | B | -1.31% | |
| CPRT | A | -1.3% | |
| WDAY | C | -1.29% | |
| ODFL | B | -1.27% | |
| ZTS | D | -1.27% | |
| ABNB | C | -1.26% | |
| AXON | A | -1.22% | |
| IDXX | F | -0.96% | |
| DECK | A | -0.95% | |
| EW | C | -0.95% | |
| LRCX | F | -0.93% | |
| VLTO | D | -0.91% | |
| WST | C | -0.85% | |
| ECL | D | -0.82% | |
| PTC | B | -0.82% | |
| WBD | B | -0.79% | |
| MCK | A | -0.77% | |
| STX | D | -0.76% | |
| AZO | A | -0.63% | |
| WSM | D | -0.6% | |
| PODD | A | -0.57% | |
| A | F | -0.53% | |
| MTD | F | -0.5% | |
| FDS | A | -0.42% | |
| KEYS | C | -0.37% | |
| BR | A | -0.33% | |
| CHD | A | -0.32% | |
| PANW | B | -0.22% | |
| LW | C | -0.21% | |
| EXPE | A | -0.21% | |
| GGG | A | -0.19% | |
| IEX | B | -0.12% | |
| APTV | F | -0.06% |
ALAI: Top Represented Industries & Keywords
NULG: Top Represented Industries & Keywords
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