ALAI vs. XT ETF Comparison
Comparison of Alger AI Enablers & Adopters ETF (ALAI) to iShares Exponential Technologies ETF (XT)
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
$26.06
Average Daily Volume
10,280
41
XT
iShares Exponential Technologies ETF
XT Description
The investment seeks to track the investment results of the Morningstar® Exponential Technologies Index which composed of stocks of developed and emerging market companies that create or use exponential technologies. The fund generally invests at least 80% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index is a subset of the Morningstar US Market Index and the Morningstar Global Markets ex-US Index family (the "Parent Indexes"). The fund is non-diversified.Grade (RS Rating)
Last Trade
$60.82
Average Daily Volume
109,404
112
Performance
| Period | ALAI | XT |
|---|---|---|
| 30 Days | 7.65% | 0.07% |
| 60 Days | 14.09% | 2.17% |
| 90 Days | 18.70% | 0.78% |
| 12 Months | 10.94% |
13 Overlapping Holdings
| Symbol | Grade | Weight in ALAI | Weight in XT | Overlap | |
|---|---|---|---|---|---|
| AMD | F | 1.01% | 0.56% | 0.56% | |
| AMZN | C | 8.81% | 0.68% | 0.68% | |
| AVGO | D | 4.14% | 0.88% | 0.88% | |
| CDNS | B | 0.56% | 0.54% | 0.54% | |
| HUBS | A | 0.2% | 0.66% | 0.2% | |
| ISRG | A | 1.4% | 0.82% | 0.82% | |
| MRVL | B | 0.48% | 0.84% | 0.48% | |
| MSFT | D | 11.86% | 0.54% | 0.54% | |
| MU | D | 0.88% | 0.64% | 0.64% | |
| NEE | C | 0.27% | 0.61% | 0.27% | |
| NOW | A | 0.68% | 0.71% | 0.68% | |
| NVDA | B | 10.98% | 1.51% | 1.51% | |
| TSLA | B | 0.63% | 0.65% | 0.63% |
ALAI Overweight 28 Positions Relative to XT
| Symbol | Grade | Weight | |
|---|---|---|---|
| AAPL | C | 11.09% | |
| META | D | 6.72% | |
| APP | B | 4.79% | |
| SPGI | C | 2.88% | |
| TSM | B | 2.57% | |
| GOOG | C | 2.33% | |
| VRT | B | 2.18% | |
| DKNG | B | 1.77% | |
| CEG | C | 1.69% | |
| MELI | C | 1.45% | |
| UNH | B | 1.42% | |
| EQIX | A | 1.34% | |
| NFLX | A | 1.34% | |
| ADBE | C | 1.2% | |
| NRG | B | 1.02% | |
| SPOT | B | 1.0% | |
| ASML | F | 0.81% | |
| SE | A | 0.8% | |
| PINS | F | 0.79% | |
| NTRA | A | 0.74% | |
| DELL | B | 0.58% | |
| UBER | F | 0.47% | |
| DLR | B | 0.45% | |
| TTD | B | 0.43% | |
| WMT | A | 0.31% | |
| PWR | A | 0.28% | |
| SHOP | B | 0.24% | |
| JPM | A | 0.22% |
ALAI Underweight 99 Positions Relative to XT
| Symbol | Grade | Weight | |
|---|---|---|---|
| PLTR | B | -1.86% | |
| TOST | B | -1.3% | |
| COIN | C | -1.1% | |
| GWRE | A | -0.95% | |
| FTNT | C | -0.88% | |
| ANET | C | -0.85% | |
| SOFI | B | -0.84% | |
| DOCU | B | -0.81% | |
| TYL | B | -0.72% | |
| HUBB | B | -0.7% | |
| BOX | B | -0.68% | |
| CRWD | B | -0.68% | |
| TWLO | A | -0.68% | |
| TW | A | -0.67% | |
| GTLS | A | -0.66% | |
| ADSK | A | -0.66% | |
| INCY | C | -0.66% | |
| GEN | B | -0.65% | |
| ALNY | D | -0.65% | |
| SEIC | B | -0.65% | |
| WDC | D | -0.65% | |
| PANW | B | -0.65% | |
| GOOGL | C | -0.64% | |
| HPE | B | -0.64% | |
| CRM | B | -0.63% | |
| FSLR | F | -0.63% | |
| TEAM | A | -0.62% | |
| IBM | C | -0.62% | |
| TXN | C | -0.62% | |
| LLY | F | -0.61% | |
| QCOM | F | -0.6% | |
| WAT | C | -0.6% | |
| STX | C | -0.6% | |
| MANH | D | -0.59% | |
| VEEV | C | -0.58% | |
| CSCO | B | -0.58% | |
| RVTY | F | -0.58% | |
| NET | B | -0.57% | |
| VRNS | D | -0.57% | |
| ANSS | B | -0.57% | |
| PTC | B | -0.57% | |
| CCOI | B | -0.57% | |
| ILMN | C | -0.57% | |
| DD | C | -0.56% | |
| KLAC | F | -0.56% | |
| AMAT | F | -0.56% | |
| ABBV | F | -0.55% | |
| BMY | B | -0.55% | |
| ADI | D | -0.55% | |
| S | B | -0.54% | |
| TER | F | -0.54% | |
| FDS | B | -0.53% | |
| CTSH | B | -0.53% | |
| DDOG | A | -0.53% | |
| MTD | F | -0.52% | |
| ACN | B | -0.51% | |
| KEYS | A | -0.51% | |
| NXPI | D | -0.51% | |
| ROP | B | -0.5% | |
| MPWR | F | -0.5% | |
| LRCX | F | -0.49% | |
| ZS | B | -0.49% | |
| SNPS | B | -0.48% | |
| OKTA | C | -0.48% | |
| MKTX | D | -0.48% | |
| JAZZ | B | -0.48% | |
| DT | D | -0.47% | |
| BLKB | B | -0.47% | |
| DBX | B | -0.47% | |
| REGN | F | -0.44% | |
| MRK | D | -0.44% | |
| SBAC | D | -0.43% | |
| ON | D | -0.43% | |
| CCI | C | -0.43% | |
| UMC | F | -0.43% | |
| ALTM | B | -0.43% | |
| ALB | B | -0.42% | |
| SWKS | F | -0.41% | |
| QLYS | B | -0.38% | |
| AKAM | D | -0.37% | |
| ESTC | C | -0.37% | |
| XPEV | C | -0.37% | |
| BIDU | F | -0.36% | |
| MCHP | F | -0.36% | |
| MDB | B | -0.35% | |
| BMRN | F | -0.33% | |
| QRVO | F | -0.33% | |
| SNOW | B | -0.33% | |
| BIIB | F | -0.33% | |
| IONS | F | -0.33% | |
| APTV | F | -0.32% | |
| CRSP | D | -0.32% | |
| LI | F | -0.3% | |
| INTC | C | -0.29% | |
| NIO | F | -0.29% | |
| ENPH | F | -0.27% | |
| MRNA | F | -0.22% | |
| FIVN | C | -0.22% | |
| SEDG | F | -0.06% |
ALAI: Top Represented Industries & Keywords
XT: Top Represented Industries & Keywords
Compare ETFs
