Alger AI Enablers & Adopters C (AAICX) belongs to the Technology Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with AAICX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AAICX
AAICX charges 1.66% annually. There are 65 mutual funds in the Technology Equities category with lower expense ratios, going as low as 0.09%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Information Technology Index Fund Admiral... | 0.09% | 170.10B | Mar 2004 | AAICX vs VITAX | |
| Vanguard Communication Services Index Fund Admiral... | 0.10% | 6.30B | Mar 2005 | AAICX vs VTCAX | |
| Franklin DynaTech Fund Class R6 | 0.48% | — | Jun 2013 | AAICX vs FDTRX | |
| Alger AI Enablers & Adopters Z | 0.55% | — | Apr 2024 | AAICX vs AAIZX | |
| Fidelity Advisor Technology Fund Class Z | 0.59% | — | Oct 2018 | AAICX vs FIKHX |
Best Risk-Adjusted Alternatives to AAICX
AAICX has a PortfoliosLab risk / return rank of 61. There are 26 mutual funds in the Technology Equities category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ARK Venture Fund | 99 | — | Sep 2022 | AAICX vs ARKVX | |
| Fidelity Select Tech Hardware Portfolio | 96 | — | Jul 1985 | AAICX vs FDCPX | |
| Columbia Seligman Technology and Information Fund ... | 95 | — | Nov 2001 | AAICX vs SCMIX | |
| Columbia Seligman Technology and Information Fund ... | 95 | — | Jun 1983 | AAICX vs CCOYX | |
| Columbia Seligman Technology and Information Fund | 95 | — | Jun 1983 | AAICX vs SLMCX |
Top Performing AAICX Alternatives (YTD)
AAICX is at 21.50% YTD. There are 49 mutual funds in the Technology Equities category with higher YTD returns, going as high as 70.12%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Select Tech Hardware Portfolio | 70.12% | — | Jul 1985 | AAICX vs FDCPX | |
| Rydex Electronics Fund | 69.01% | — | Mar 1998 | AAICX vs RYSIX | |
| Fidelity Advisor Semiconductors Fund Class Z | 60.76% | — | Oct 2018 | AAICX vs FIKGX | |
| Fidelity Select Semiconductors Portfolio | 60.71% | — | Jul 1985 | AAICX vs FSELX | |
| Fidelity Advisor Semiconductors Fund Class I | 60.67% | — | Dec 2000 | AAICX vs FELIX |
Lowest Volatility Alternatives to AAICX
AAICX has 24.61% 1-year volatility. There are 25 mutual funds in the Technology Equities category with lower 1-year volatility, going as low as 14.49%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Gabelli Global Content & Connectivity Fund Class I | 14.49% | — | Nov 1993 | AAICX vs GTTIX | |
| Towpath Technology Fund | 15.52% | — | Feb 2021 | AAICX vs TOWTX | |
| Vanguard Communication Services Index Fund Admiral... | 16.11% | 6.30B | Mar 2005 | AAICX vs VTCAX | |
| Saratoga Technology & Communications Portfolio | 17.91% | — | Oct 1997 | AAICX vs STPAX | |
| Virtus Artificial Intelligence & Technology Opport... | 19.26% | — | Oct 2019 | AAICX vs AIO |
Lowest Drawdown Alternatives to AAICX
AAICX has a 1-year max drawdown of -17.87%. There are 48 mutual funds in the Technology Equities category with shallower 1-year drawdowns, going as shallow as -8.14%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ARK Venture Fund | -8.14% | — | Sep 2022 | AAICX vs ARKVX | |
| Gabelli Global Content & Connectivity Fund Class I | -9.08% | — | Nov 1993 | AAICX vs GTTIX | |
| Nationwide NYSE Arca Tech 100 Index Fund | -10.18% | — | Jun 1996 | AAICX vs NWJCX | |
| Black Oak Emerging Technology Fund | -11.04% | — | Dec 2000 | AAICX vs BOGSX | |
| Virtus Artificial Intelligence & Technology Opport... | -11.42% | — | Oct 2019 | AAICX vs AIO |
Other Mutual Funds from Alger
The 10 most viewed Alger mutual funds shown here include ALGRX, ALAFX, ACAAX and span 3 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Alger Focus Equity Fund Class I | Large Cap Growth Equities | 45 | 12.62% | — | Nov 1993 | AAICX vs ALGRX | |
| Alger Focus Equity A Fund | Large Cap Growth Equities | 44 | 12.59% | — | Nov 1993 | AAICX vs ALAFX | |
| Alger Capital Appreciation Fund | Large Cap Growth Equities | 30 | 10.62% | — | Dec 1996 | AAICX vs ACAAX | |
| Alger Growth & Income Fund | Large Cap Blend Equities | 84 | 12.91% | — | Dec 1996 | AAICX vs ALBAX | |
| Alger Large Cap Growth Portfolio Fund | Large Cap Growth Equities | 40 | 17.49% | — | Jan 1989 | AAICX vs AAGOX | |
| Alger Capital Appreciation Portfolio | Large Cap Growth Equities | 32 | 10.56% | — | Jan 1995 | AAICX vs ALVOX | |
| Alger Capital Appreciation Institutional Fund | Large Cap Growth Equities | 34 | 12.09% | — | Nov 1993 | AAICX vs ALARX | |
| Alger Spectra Fund | Large Cap Growth Equities | 22 | 7.53% | — | Jul 1969 | AAICX vs SPECX | |
| Alger Capital Appreciation Fund Class Z | Large Cap Growth Equities | 31 | 10.84% | — | Dec 2010 | AAICX vs ACAZX | |
| Alger Weatherbie Specialized Growth Fund | Small Cap Growth Equities | 9 | 5.45% | — | May 2002 | AAICX vs ALMAX |
Often Compared With AAICX
Investors most often compare AAICX with ALTEX, SPY, ICTEX. These 6 comparison targets span 4 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Firsthand Alternative Energy Fund | Technology Equities | 25 | 39.31% | — | Oct 2007 | AAICX vs ALTEX | |
| State Street SPDR S&P 500 ETF | S&P 500 | 66 | 10.84% | 783.21B | Jan 1993 | AAICX vs SPY | |
| ICON Health and Information Technology Fund | Technology Equities | 88 | 31.43% | — | Feb 1997 | AAICX vs ICTEX | |
| Columbia Seligman Premium Technology Growth Closed... | Technology Equities | 92 | 43.37% | — | Nov 2009 | AAICX vs STK | |
| Fidelity Advisor Semiconductors Fund Class M | Technology Equities | 90 | 60.24% | — | Dec 2000 | AAICX vs FELTX | |
| Fidelity Advisor Semiconductors Fund Class A | Semiconductors, Technology Equities, Actively Managed | 90 | 60.46% | — | Dec 2000 | AAICX vs FELAX |
Compare AAICX with Any Fund or Stock
Compare AAICX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AAICX with funds that move differently
Alger AI Enablers & Adopters C alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AAICX.
Explore AAICX Diversifiers