VUG vs. ALAI ETF Comparison

Comparison of Vanguard Growth ETF - DNQ (VUG) to Alger AI Enablers & Adopters ETF (ALAI)

VUG

Vanguard Growth ETF - DNQ

VUG Description

The investment seeks to track the performance of a benchmark index that measures the investment return of large-capitalization growth stocks. The fund employs an indexing investment approach designed to track the performance of the CRSP US Large Cap Growth Index, a broadly diversified index predominantly made up of growth stocks of large U.S. companies. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$408.08

Average Daily Volume

1,053,845

Number of Holdings ^*

178

* 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

$26.28

Average Daily Volume

10,491

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VUG	ALAI
30 Days	3.98%	8.80%
60 Days	6.74%	13.57%
90 Days	9.61%	21.49%
12 Months	37.50%

24 Overlapping Holdings

Symbol	Grade	Weight in VUG	Weight in ALAI	Overlap
AAPL	A	11.71%	11.09%	11.09%
ADBE	C	0.81%	1.2%	0.81%
AMD	F	0.9%	1.01%	0.9%
AMZN	B	6.0%	8.81%	6.0%
APP	B	0.11%	4.79%	0.11%
AVGO	D	1.51%	4.14%	1.51%
CDNS	B	0.3%	0.56%	0.3%
EQIX	A	0.34%	1.34%	0.34%
GOOG	C	2.79%	2.33%	2.33%
HUBS	B	0.12%	0.2%	0.12%
ISRG	B	0.69%	1.4%	0.69%
META	D	4.7%	6.72%	4.7%
MRVL	B	0.28%	0.48%	0.28%
MSFT	C	10.8%	11.86%	10.8%
NFLX	B	1.24%	1.34%	1.24%
NOW	A	0.74%	0.68%	0.68%
NVDA	C	10.94%	10.98%	10.94%
PINS	D	0.09%	0.79%	0.09%
PWR	A	0.19%	0.28%	0.19%
SPGI	B	0.6%	2.88%	0.6%
TSLA	B	2.58%	0.63%	0.63%
TTD	B	0.22%	0.43%	0.22%
UBER	D	0.56%	0.47%	0.47%
VRT	B	0.17%	2.18%	0.17%

VUG Overweight 154 Positions Relative to ALAI

Symbol	Grade	Weight
GOOGL	C	3.41%
LLY	D	2.69%
V	A	1.8%
MA	A	1.57%
COST	A	1.48%
CRM	B	1.03%
LIN	D	0.84%
MCD	D	0.81%
TXN	D	0.72%
INTU	C	0.63%
BKNG	A	0.61%
AMAT	F	0.58%
TJX	A	0.5%
BX	B	0.48%
SYK	B	0.48%
VRTX	D	0.48%
BSX	B	0.48%
PANW	B	0.46%
ADP	A	0.46%
SBUX	B	0.44%
BA	F	0.43%
ACN	B	0.42%
TMUS	A	0.41%
ANET	C	0.39%
AMT	D	0.39%
LRCX	D	0.38%
DIS	B	0.35%
GE	C	0.35%
KLAC	D	0.35%
GEV	B	0.34%
PLTR	B	0.34%
WELL	A	0.33%
SNPS	B	0.32%
APH	B	0.32%
SHW	A	0.32%
CMG	B	0.31%
ZTS	F	0.29%
TDG	D	0.28%
CRWD	B	0.28%
MCO	A	0.28%
CTAS	A	0.28%
ORLY	A	0.27%
ADSK	B	0.25%
ECL	D	0.25%
HLT	A	0.24%
APO	A	0.24%
MAR	A	0.24%
ROP	B	0.23%
FI	A	0.23%
ABNB	C	0.22%
AZO	B	0.21%
DASH	A	0.21%
FTNT	B	0.2%
WDAY	C	0.2%
GWW	A	0.2%
CPRT	A	0.19%
WCN	A	0.19%
PAYX	B	0.19%
FAST	A	0.19%
NKE	F	0.19%
ROST	C	0.19%
FICO	A	0.19%
MSCI	B	0.18%
ODFL	B	0.17%
EW	C	0.17%
SQ	C	0.17%
HWM	B	0.17%
YUM	B	0.16%
IT	C	0.16%
VMC	B	0.16%
HES	B	0.16%
MSI	B	0.16%
CL	D	0.16%
DDOG	B	0.16%
AON	A	0.16%
VRSK	A	0.16%
ALNY	D	0.15%
LULU	C	0.15%
SNOW	C	0.15%
MPWR	F	0.15%
COIN	C	0.15%
RMD	C	0.15%
MNST	B	0.15%
EFX	D	0.14%
IDXX	F	0.14%
FANG	F	0.14%
RBLX	C	0.13%
CSGP	C	0.13%
VEEV	B	0.13%
ARES	A	0.13%
TEAM	B	0.13%
NET	B	0.12%
TYL	A	0.12%
MSTR	C	0.12%
TTWO	A	0.12%
MTD	D	0.12%
ANSS	B	0.12%
SLB	C	0.12%
DXCM	C	0.12%
ILMN	C	0.11%
BRO	A	0.11%
RCL	A	0.11%
CHD	B	0.11%
SBAC	D	0.11%
BR	A	0.11%
O	D	0.11%
HSY	F	0.11%
WST	C	0.1%
LPLA	A	0.1%
MDB	C	0.09%
MLM	B	0.09%
TRGP	B	0.09%
WAT	A	0.09%
BKR	C	0.09%
FSLR	F	0.09%
LYV	B	0.09%
EXPE	B	0.09%
LVS	C	0.09%
TW	A	0.08%
BURL	B	0.08%
SUI	D	0.08%
TER	D	0.08%
ZS	C	0.08%
FDS	B	0.08%
ULTA	F	0.08%
MRNA	F	0.08%
SMCI	F	0.07%
ROL	A	0.07%
TPL	B	0.07%
TSCO	D	0.07%
APTV	F	0.07%
DPZ	B	0.07%
VRSN	C	0.07%
SNAP	C	0.07%
JBHT	B	0.07%
STE	F	0.06%
STX	D	0.06%
HAL	C	0.06%
EQT	B	0.06%
OKTA	C	0.06%
BMRN	D	0.06%
VLTO	D	0.06%
GDDY	A	0.06%
HEI	B	0.06%
BSY	D	0.05%
PODD	B	0.05%
CTRA	B	0.05%
IBKR	A	0.05%
ENPH	F	0.05%
WMG	C	0.04%
EL	F	0.04%
ALGN	D	0.04%
INCY	B	0.04%
HEI	B	0.04%

VUG Underweight 17 Positions Relative to ALAI

Symbol	Grade	Weight
TSM	D	-2.57%
DKNG	C	-1.77%
CEG	C	-1.69%
MELI	C	-1.45%
UNH	B	-1.42%
NRG	B	-1.02%
SPOT	B	-1.0%
MU	D	-0.88%
ASML	F	-0.81%
SE	B	-0.8%
NTRA	B	-0.74%
DELL	C	-0.58%
DLR	A	-0.45%
WMT	A	-0.31%
NEE	D	-0.27%
SHOP	B	-0.24%
JPM	B	-0.22%