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Alger AI Enablers & Adopters ETF (ALAI)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

Issuer

Alger

Inception Date

Apr 4, 2024

Leveraged

1x

Index Tracked

No Index (Active)

Asset Class

Equity

Expense Ratio

ALAI features an expense ratio of 0.55%, falling within the medium range.


Expense ratio chart for ALAI: current value at 0.55% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.55%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Alger AI Enablers & Adopters ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%10.00%20.00%30.00%40.00%50.00%OctoberNovemberDecember2025FebruaryMarch
23.47%
11.03%
ALAI (Alger AI Enablers & Adopters ETF)
Benchmark (^GSPC)

Returns By Period


ALAI

YTD

-6.06%

1M

-10.43%

6M

17.95%

1Y

N/A

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

-1.76%

1M

-4.34%

6M

4.51%

1Y

12.61%

5Y*

13.89%

10Y*

10.84%

*Annualized

Monthly Returns

The table below presents the monthly returns of ALAI, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20254.88%-6.48%-6.06%
2024-5.46%8.26%7.44%-3.83%2.97%6.31%1.70%11.10%0.48%31.43%

Risk-Adjusted Performance

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Alger AI Enablers & Adopters ETF (ALAI) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


ALAI
^GSPC

There is not enough data available to calculate the Sharpe ratio for Alger AI Enablers & Adopters ETF. We calculate this metric based on the past 12 months of trading data. Please check back later for updated information.


Chart placeholderNot enough data

Dividends

Dividend History

Alger AI Enablers & Adopters ETF provided a 0.70% dividend yield over the last twelve months, with an annual payout of $0.17 per share.


0.66%$0.00$0.05$0.10$0.152024
Dividends
Dividend Yield
PeriodTTM2024
Dividend$0.17$0.17

Dividend yield

0.70%0.66%

Monthly Dividends

The table displays the monthly dividend distributions for Alger AI Enablers & Adopters ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.00$0.00
2024$0.17$0.17

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-15.00%-10.00%-5.00%0.00%OctoberNovemberDecember2025FebruaryMarch
-15.18%
-5.96%
ALAI (Alger AI Enablers & Adopters ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Alger AI Enablers & Adopters ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Alger AI Enablers & Adopters ETF was 15.99%, occurring on Aug 5, 2024. Recovery took 35 trading sessions.

The current Alger AI Enablers & Adopters ETF drawdown is 15.18%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-15.99%Jul 11, 202418Aug 5, 202435Sep 24, 202453
-15.18%Feb 18, 202511Mar 4, 2025
-8.76%Apr 12, 20246Apr 19, 202417May 14, 202423
-7.56%Jan 24, 20252Jan 27, 202513Feb 13, 202515
-5.2%Dec 9, 20248Dec 18, 202420Jan 21, 202528

Volatility

Volatility Chart

The current Alger AI Enablers & Adopters ETF volatility is 8.75%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%OctoberNovemberDecember2025FebruaryMarch
8.75%
4.15%
ALAI (Alger AI Enablers & Adopters ETF)
Benchmark (^GSPC)