CNEQ vs. OGIG ETF Comparison
Comparison of Alger Concentrated Equity ETF (CNEQ) to O'Shares Global Internet Giants ETF (OGIG)
CNEQ
Alger Concentrated Equity ETF
CNEQ Description
CNEQ is actively managed, investing in large-cap companies on U.S. exchanges that have a promising growth potential. At least 25% of the total assets go into related industries like software and technology hardware, semiconductors, IT services, electronic devices, retail and communication industries. The fund may invest more than 25% of total assets get invested in a single industry. A significant portion may be dedicated to enterprises within a sector, like Information Technology and Communication Services. The portfolio generally comprises no more than 30 holdings, often selling when a stock reaches its target price. The Fund also invests in cash and cash equivalents during market volatility or in the absence of viable long-term investment options. This cash holding is not expected to exceed 15% of net assets.
Grade (RS Rating)
Last Trade
$25.51
Average Daily Volume
3,734
25
OGIG
O'Shares Global Internet Giants ETF
OGIG Description
The investment seeks to track the performance (before fees and expenses) of the O'Shares Global Internet Giants Index (the "target index"). Under normal market conditions, the fund will invest at least 80% of its total assets in the components of the target index. The target index is a rules-based index intended to give investors a means of tracking stocks exhibiting quality and growth characteristics in the "internet sector", as defined by the index provider. The fund is non-diversified.Grade (RS Rating)
Last Trade
$47.14
Average Daily Volume
8,592
59
Performance
| Period | CNEQ | OGIG |
|---|---|---|
| 30 Days | 6.39% | 12.01% |
| 60 Days | 11.26% | 14.72% |
| 90 Days | 15.00% | 19.16% |
| 12 Months | 39.68% |
CNEQ Underweight 53 Positions Relative to OGIG
| Symbol | Grade | Weight | |
|---|---|---|---|
| GOOGL | C | -5.98% | |
| PLTR | B | -2.39% | |
| SHOP | B | -2.34% | |
| NOW | A | -2.28% | |
| PDD | F | -2.26% | |
| CRWD | B | -1.93% | |
| ORCL | B | -1.67% | |
| TEAM | A | -1.67% | |
| DUOL | A | -1.65% | |
| TTD | B | -1.65% | |
| ZS | C | -1.64% | |
| UBER | D | -1.62% | |
| DASH | A | -1.55% | |
| PANW | C | -1.55% | |
| TTWO | A | -1.53% | |
| NET | B | -1.49% | |
| TCOM | B | -1.49% | |
| INTU | C | -1.48% | |
| S | B | -1.47% | |
| IOT | A | -1.45% | |
| DDOG | A | -1.45% | |
| SNOW | C | -1.43% | |
| SPOT | B | -1.41% | |
| HUBS | A | -1.36% | |
| GTLB | B | -1.32% | |
| XRX | F | -1.3% | |
| RBLX | C | -1.25% | |
| MNDY | C | -1.23% | |
| CYBR | B | -1.23% | |
| CRM | B | -1.14% | |
| ADBE | C | -1.14% | |
| FICO | B | -1.11% | |
| NTNX | A | -1.07% | |
| WDAY | B | -1.06% | |
| Z | A | -1.05% | |
| PINS | D | -1.04% | |
| FTNT | C | -1.04% | |
| MDB | C | -1.0% | |
| GWRE | A | -0.92% | |
| VEEV | C | -0.91% | |
| DT | C | -0.89% | |
| SNAP | C | -0.85% | |
| BABA | D | -0.79% | |
| ABNB | C | -0.75% | |
| TME | D | -0.72% | |
| CSGP | D | -0.72% | |
| PTC | A | -0.71% | |
| BKNG | A | -0.7% | |
| TYL | B | -0.61% | |
| NTES | D | -0.5% | |
| EA | A | -0.41% | |
| PAYX | C | -0.32% | |
| JD | D | -0.32% |
CNEQ: Top Represented Industries & Keywords
OGIG: Top Represented Industries & Keywords
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