ALAI vs. SPUS ETF Comparison
Comparison of Alger AI Enablers & Adopters ETF (ALAI) to SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS)
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
$26.10
Average Daily Volume
10,268
41
SPUS
SP Funds S&P 500 Sharia Industry Exclusions ETF
SPUS Description
The investment seeks to track the performance, before fees and expenses, of the S&P 500 Shariah Industry Exclusions Index. The index is composed of the constituents of the S&P 500® Shariah Index other than those from the following sub-industries: Aerospace & Defense, Financial Exchanges & Data, and Data Processing & Outsourced Services. The manager attempts to invest all, or substantially all, of its assets in the component securities that make up the index. Under normal circumstances, at least 80% of the fund's total assets will be invested in the component securities of the index. It is non-diversified.Grade (RS Rating)
Last Trade
$42.49
Average Daily Volume
187,591
223
Performance
| Period | ALAI | SPUS |
|---|---|---|
| 30 Days | 9.25% | 1.91% |
| 60 Days | 13.38% | 2.94% |
| 90 Days | 18.43% | 3.81% |
| 12 Months | 29.89% |
18 Overlapping Holdings
| Symbol | Grade | Weight in ALAI | Weight in SPUS | Overlap | |
|---|---|---|---|---|---|
| AAPL | C | 11.09% | 11.07% | 11.07% | |
| ADBE | C | 1.2% | 0.7% | 0.7% | |
| AMD | F | 1.01% | 0.71% | 0.71% | |
| AMZN | C | 8.81% | 6.03% | 6.03% | |
| AVGO | D | 4.14% | 2.42% | 2.42% | |
| CDNS | B | 0.56% | 0.26% | 0.26% | |
| CEG | D | 1.69% | 0.23% | 0.23% | |
| EQIX | A | 1.34% | 0.28% | 0.28% | |
| GOOG | C | 2.33% | 2.71% | 2.33% | |
| ISRG | A | 1.4% | 0.61% | 0.61% | |
| META | D | 6.72% | 3.93% | 3.93% | |
| MSFT | F | 11.86% | 9.82% | 9.82% | |
| MU | D | 0.88% | 0.35% | 0.35% | |
| NOW | A | 0.68% | 0.67% | 0.67% | |
| NVDA | C | 10.98% | 11.41% | 10.98% | |
| PWR | A | 0.28% | 0.16% | 0.16% | |
| TSLA | B | 0.63% | 3.02% | 0.63% | |
| UBER | D | 0.47% | 0.46% | 0.46% |
ALAI Overweight 23 Positions Relative to SPUS
| Symbol | Grade | Weight | |
|---|---|---|---|
| APP | B | 4.79% | |
| SPGI | C | 2.88% | |
| TSM | B | 2.57% | |
| VRT | B | 2.18% | |
| DKNG | B | 1.77% | |
| MELI | D | 1.45% | |
| UNH | C | 1.42% | |
| NFLX | A | 1.34% | |
| NRG | B | 1.02% | |
| SPOT | B | 1.0% | |
| ASML | F | 0.81% | |
| SE | B | 0.8% | |
| PINS | D | 0.79% | |
| NTRA | B | 0.74% | |
| DELL | C | 0.58% | |
| MRVL | B | 0.48% | |
| DLR | B | 0.45% | |
| TTD | B | 0.43% | |
| WMT | A | 0.31% | |
| NEE | D | 0.27% | |
| SHOP | B | 0.24% | |
| JPM | A | 0.22% | |
| HUBS | A | 0.2% |
ALAI Underweight 205 Positions Relative to SPUS
| Symbol | Grade | Weight | |
|---|---|---|---|
| GOOGL | C | -3.28% | |
| LLY | F | -1.89% | |
| XOM | B | -1.7% | |
| PG | A | -1.28% | |
| HD | A | -1.26% | |
| JNJ | D | -1.17% | |
| CRM | B | -1.0% | |
| ABBV | D | -0.94% | |
| MRK | F | -0.79% | |
| CSCO | B | -0.74% | |
| ACN | C | -0.71% | |
| LIN | D | -0.69% | |
| PEP | F | -0.69% | |
| ABT | B | -0.64% | |
| TMO | F | -0.62% | |
| TXN | C | -0.58% | |
| QCOM | F | -0.55% | |
| BKNG | A | -0.53% | |
| DHR | F | -0.48% | |
| LOW | D | -0.48% | |
| HON | B | -0.47% | |
| ETN | A | -0.46% | |
| AMAT | F | -0.45% | |
| UNP | C | -0.45% | |
| TJX | A | -0.43% | |
| COP | C | -0.42% | |
| SYK | C | -0.42% | |
| BSX | B | -0.42% | |
| PANW | C | -0.4% | |
| GILD | C | -0.35% | |
| PLD | D | -0.34% | |
| MDT | D | -0.34% | |
| ADI | D | -0.33% | |
| UPS | C | -0.31% | |
| ANET | C | -0.31% | |
| TT | A | -0.3% | |
| LRCX | F | -0.29% | |
| NKE | D | -0.28% | |
| PH | A | -0.28% | |
| APH | A | -0.27% | |
| MDLZ | F | -0.27% | |
| SHW | A | -0.27% | |
| MCK | B | -0.26% | |
| MSI | B | -0.26% | |
| KLAC | D | -0.26% | |
| SNPS | B | -0.26% | |
| EOG | A | -0.25% | |
| REGN | F | -0.25% | |
| WM | A | -0.25% | |
| EMR | A | -0.24% | |
| CTAS | B | -0.24% | |
| CL | D | -0.24% | |
| ITW | B | -0.23% | |
| APD | A | -0.23% | |
| ORLY | B | -0.22% | |
| MMM | D | -0.22% | |
| ADSK | A | -0.21% | |
| CSX | B | -0.21% | |
| SLB | C | -0.2% | |
| FCX | D | -0.2% | |
| BDX | F | -0.2% | |
| NSC | B | -0.19% | |
| FTNT | C | -0.19% | |
| ROP | B | -0.19% | |
| ECL | D | -0.19% | |
| JCI | C | -0.18% | |
| NXPI | D | -0.18% | |
| TGT | F | -0.18% | |
| FICO | B | -0.18% | |
| AZO | C | -0.17% | |
| GWW | B | -0.17% | |
| NEM | D | -0.16% | |
| CMI | A | -0.16% | |
| KMB | D | -0.15% | |
| ROST | C | -0.15% | |
| FAST | B | -0.15% | |
| DHI | D | -0.15% | |
| CPRT | A | -0.15% | |
| COR | B | -0.14% | |
| RSG | A | -0.14% | |
| BKR | B | -0.14% | |
| AME | A | -0.14% | |
| VLO | C | -0.14% | |
| KVUE | A | -0.14% | |
| IT | C | -0.13% | |
| OTIS | C | -0.13% | |
| ODFL | B | -0.13% | |
| CTVA | C | -0.13% | |
| HES | B | -0.13% | |
| IR | B | -0.13% | |
| EW | C | -0.13% | |
| GLW | B | -0.12% | |
| VMC | B | -0.12% | |
| A | D | -0.12% | |
| MNST | C | -0.12% | |
| CTSH | B | -0.12% | |
| GEHC | F | -0.12% | |
| WAB | B | -0.11% | |
| DD | D | -0.11% | |
| IDXX | F | -0.11% | |
| MCHP | D | -0.11% | |
| NUE | C | -0.11% | |
| LULU | C | -0.11% | |
| RMD | C | -0.11% | |
| GIS | D | -0.11% | |
| MLM | B | -0.11% | |
| HPQ | B | -0.11% | |
| KDP | D | -0.11% | |
| ANSS | B | -0.1% | |
| DXCM | D | -0.1% | |
| EFX | F | -0.1% | |
| GRMN | B | -0.1% | |
| ROK | B | -0.1% | |
| AVB | B | -0.1% | |
| DECK | A | -0.09% | |
| DOV | A | -0.09% | |
| MPWR | F | -0.09% | |
| CHD | B | -0.09% | |
| HAL | C | -0.09% | |
| PPG | F | -0.09% | |
| ON | D | -0.09% | |
| KEYS | A | -0.09% | |
| TSCO | D | -0.09% | |
| CAH | B | -0.09% | |
| EBAY | D | -0.09% | |
| XYL | D | -0.09% | |
| HUBB | B | -0.08% | |
| DVN | F | -0.08% | |
| MTD | D | -0.08% | |
| EQR | B | -0.08% | |
| NTAP | C | -0.08% | |
| ADM | D | -0.08% | |
| TYL | B | -0.08% | |
| HSY | F | -0.08% | |
| VLTO | D | -0.08% | |
| FTV | C | -0.08% | |
| PHM | D | -0.08% | |
| STLD | B | -0.07% | |
| CLX | B | -0.07% | |
| STE | F | -0.07% | |
| WAT | B | -0.07% | |
| K | A | -0.07% | |
| PKG | A | -0.07% | |
| ZBH | C | -0.07% | |
| WY | D | -0.07% | |
| WST | C | -0.07% | |
| PTC | A | -0.07% | |
| BIIB | F | -0.07% | |
| CDW | F | -0.07% | |
| HOLX | D | -0.06% | |
| MAA | B | -0.06% | |
| PODD | C | -0.06% | |
| MKC | D | -0.06% | |
| FSLR | F | -0.06% | |
| ZBRA | B | -0.06% | |
| CTRA | B | -0.06% | |
| LH | C | -0.06% | |
| BLDR | D | -0.06% | |
| JBL | B | -0.05% | |
| JBHT | C | -0.05% | |
| EL | F | -0.05% | |
| VRSN | F | -0.05% | |
| ALGN | D | -0.05% | |
| AVY | D | -0.05% | |
| CF | B | -0.05% | |
| ULTA | F | -0.05% | |
| J | F | -0.05% | |
| EXPD | D | -0.05% | |
| MAS | D | -0.05% | |
| GPC | D | -0.05% | |
| IEX | B | -0.05% | |
| TER | D | -0.05% | |
| BBY | D | -0.05% | |
| TRMB | B | -0.05% | |
| PNR | A | -0.05% | |
| MOH | F | -0.05% | |
| INCY | C | -0.04% | |
| JNPR | F | -0.04% | |
| ALLE | D | -0.04% | |
| CHRW | C | -0.04% | |
| CPT | B | -0.04% | |
| ALB | C | -0.04% | |
| SMCI | F | -0.04% | |
| SWKS | F | -0.04% | |
| AKAM | D | -0.04% | |
| EPAM | C | -0.04% | |
| NDSN | B | -0.04% | |
| POOL | C | -0.04% | |
| ROL | B | -0.04% | |
| APTV | D | -0.04% | |
| FFIV | B | -0.04% | |
| RL | B | -0.03% | |
| MOS | F | -0.03% | |
| ENPH | F | -0.03% | |
| AOS | F | -0.03% | |
| TFX | F | -0.03% | |
| HSIC | B | -0.03% | |
| CRL | C | -0.03% | |
| LKQ | D | -0.03% | |
| PAYC | B | -0.03% | |
| TECH | D | -0.03% | |
| GNRC | B | -0.03% | |
| LW | C | -0.03% | |
| QRVO | F | -0.02% | |
| MHK | D | -0.02% |
ALAI: Top Represented Industries & Keywords
SPUS: Top Represented Industries & Keywords
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