CGGE vs. ALAI ETF Comparison

Comparison of Capital Group Global Equity ETF (CGGE) to Alger AI Enablers & Adopters ETF (ALAI)

CGGE

Capital Group Global Equity ETF

CGGE Description

The fund invests primarily in common stocks of issuers around the world that the investment adviser believes have the potential for growth, many of which have the potential to pay dividends. Under normal market conditions, the fund will invest at least 80% of its net assets in equity-type securities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.06

Average Daily Volume

24,263

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$26.23

Average Daily Volume

10,375

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CGGE	ALAI
30 Days	-0.14%	7.39%
60 Days	-2.18%	10.95%
90 Days	-0.30%	18.71%
12 Months

13 Overlapping Holdings

Symbol	Grade	Weight in CGGE	Weight in ALAI	Overlap
AAPL	B	2.28%	11.09%	2.28%
AMZN	C	0.61%	8.81%	0.61%
AVGO	D	2.9%	4.14%	2.9%
CEG	D	0.53%	1.69%	0.53%
EQIX	A	0.54%	1.34%	0.54%
JPM	B	1.4%	0.22%	0.22%
MELI	C	0.8%	1.45%	0.8%
META	D	0.8%	6.72%	0.8%
MSFT	D	2.48%	11.86%	2.48%
NOW	B	0.56%	0.68%	0.56%
SPGI	C	0.82%	2.88%	0.82%
TSM	C	1.4%	2.57%	1.4%
UNH	B	1.43%	1.42%	1.42%

CGGE Overweight 48 Positions Relative to ALAI

Symbol	Grade	Weight
GOOGL	C	2.16%
HLT	A	1.52%
PM	B	1.45%
ABT	B	1.3%
V	A	1.29%
GEV	C	1.12%
ABBV	D	1.1%
FDX	B	1.1%
NOC	D	1.08%
GE	D	1.03%
DHR	D	1.02%
HEI	B	1.0%
REGN	F	0.98%
RCL	B	0.94%
MMC	A	0.93%
IR	A	0.91%
CMCSA	C	0.89%
ABBV	D	0.88%
KLAC	F	0.85%
MA	B	0.85%
AME	A	0.84%
ACN	B	0.72%
AON	A	0.7%
AWI	B	0.7%
CVX	B	0.68%
EIX	A	0.65%
CHTR	C	0.65%
EA	C	0.65%
ADI	D	0.64%
FCX	F	0.64%
WFC	A	0.59%
CNP	A	0.56%
BMY	B	0.55%
LIN	D	0.53%
AJG	A	0.52%
KDP	D	0.51%
BGNE	D	0.51%
CSX	B	0.51%
CME	A	0.5%
SAIA	C	0.5%
COST	B	0.49%
TSCO	C	0.48%
RTX	D	0.48%
AES	F	0.48%
STZ	D	0.47%
HON	B	0.44%
GIS	D	0.44%
GLOB	B	0.36%

CGGE Underweight 28 Positions Relative to ALAI

Symbol	Grade	Weight
NVDA	C	-10.98%
APP	B	-4.79%
GOOG	C	-2.33%
VRT	B	-2.18%
DKNG	C	-1.77%
ISRG	C	-1.4%
NFLX	B	-1.34%
ADBE	C	-1.2%
NRG	C	-1.02%
AMD	F	-1.01%
SPOT	B	-1.0%
MU	D	-0.88%
ASML	F	-0.81%
SE	B	-0.8%
PINS	F	-0.79%
NTRA	B	-0.74%
TSLA	B	-0.63%
DELL	C	-0.58%
CDNS	B	-0.56%
MRVL	B	-0.48%
UBER	D	-0.47%
DLR	A	-0.45%
TTD	B	-0.43%
WMT	B	-0.31%
PWR	A	-0.28%
NEE	D	-0.27%
SHOP	B	-0.24%
HUBS	B	-0.2%