Alger AI Enablers & Adopters ETF (ALAI) belongs to the Artificial Intelligence category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ALAI. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ALAI
ALAI charges 0.55% annually. There are 6 ETFs in the Artificial Intelligence category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers Artificial Intelligence and Big Data ETF | 0.35% | 157.62M | Aug 2024 | ALAI vs XAIX | |
| Themes Generative Artificial Intelligence ETF | 0.35% | 26.54M | Dec 2023 | ALAI vs WISE | |
| Themes China Generative Artificial Intelligence ET... | 0.39% | — | Jul 2025 | ALAI vs DRGN | |
| WisdomTree Artificial Intelligence and Innovation ... | 0.45% | 620.07M | Dec 2021 | ALAI vs WTAI | |
| iShares Future AI & Tech ETF | 0.47% | 3.50B | Jun 2018 | ALAI vs ARTY |
Best Risk-Adjusted Alternatives to ALAI
ALAI has a PortfoliosLab risk / return rank of 56. There are 8 ETFs in the Artificial Intelligence category with higher risk-adjusted ranks, going as high as 89.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| VistaShares Artificial Intelligence Supercycle ETF | 89 | 921.07M | Dec 2024 | ALAI vs AIS | |
| Invesco AI and Next Gen Software ETF | 84 | 1.12B | Jun 2005 | ALAI vs IGPT | |
| TCW Artificial Intelligence ETF | 79 | 125.54M | Aug 2017 | ALAI vs AIFD | |
| ROBO Global Artificial Intelligence ETF | 79 | 421.30M | May 2020 | ALAI vs THNQ | |
| Roundhill Generative AI & Technology ETF | 76 | 1.78B | May 2023 | ALAI vs CHAT |
Top Performing ALAI Alternatives (YTD)
ALAI is at 22.63% YTD. There are 15 ETFs in the Artificial Intelligence category with higher YTD returns, going as high as 72.78%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| VistaShares Artificial Intelligence Supercycle ETF | 72.78% | 921.07M | Dec 2024 | ALAI vs AIS | |
| Global X AI Semiconductor & Quantum ETF | 63.02% | 211.53M | Sep 2025 | ALAI vs CHPX | |
| Tortoise AI Infrastructure ETF | 60.69% | 169.58M | Aug 2025 | ALAI vs TCAI | |
| Invesco AI and Next Gen Software ETF | 50.51% | 1.12B | Jun 2005 | ALAI vs IGPT | |
| Roundhill Generative AI & Technology ETF | 44.67% | 1.78B | May 2023 | ALAI vs CHAT |
Lowest Volatility Alternatives to ALAI
ALAI has 27.55% 1-year volatility. There are 6 ETFs in the Artificial Intelligence category with lower 1-year volatility, going as low as 23.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SoFi Agentic AI ETF | 23.85% | 9.56M | Sep 2025 | ALAI vs AGIQ | |
| First Trust Nasdaq Artificial Intelligence & Robot... | 25.00% | 724.78M | Feb 2018 | ALAI vs ROBT | |
| Xtrackers Artificial Intelligence and Big Data ETF | 25.87% | 157.62M | Aug 2024 | ALAI vs XAIX | |
| Global X Robotics & Artificial Intelligence Themat... | 26.47% | 3.31B | Sep 2016 | ALAI vs BOTZ | |
| Pictet AI & Automation ETF | 26.96% | 14.01M | Oct 2025 | ALAI vs PBOT |
Lowest Drawdown Alternatives to ALAI
ALAI has a 1-year max drawdown of -19.48%. There are 5 ETFs in the Artificial Intelligence category with shallower 1-year drawdowns, going as shallow as -16.95%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers Artificial Intelligence and Big Data ETF | -16.95% | 157.62M | Aug 2024 | ALAI vs XAIX | |
| ROBO Global Artificial Intelligence ETF | -18.39% | 421.30M | May 2020 | ALAI vs THNQ | |
| First Trust Bloomberg Artificial Intelligence ETF | -18.84% | — | Nov 2024 | ALAI vs FAI | |
| YieldMax AI & Tech Portfolio Option Income ETF | -19.32% | 101.75M | Jan 2025 | ALAI vs GPTY | |
| Global X Robotics & Artificial Intelligence Themat... | -19.34% | 3.31B | Sep 2016 | ALAI vs BOTZ |
Other ETFs from Alger
The 4 most viewed Alger ETFs shown here include CNEQ, ATFV, FRTY and span 3 categories. AUM among these funds goes as high as $186M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Alger Concentrated Equity ETF | Large Cap Growth Equities | 43 | 14.63% | 186.09M | Apr 2024 | ALAI vs CNEQ | |
| Alger 35 ETF | Large Cap Growth Equities | 43 | 13.28% | 108.04M | May 2021 | ALAI vs ATFV | |
| Alger Mid Cap 40 ETF | Mid Cap Growth Equities | 24 | 7.58% | 129.13M | Feb 2021 | ALAI vs FRTY | |
| Alger Russell Innovation ETF | Mid Cap Blend Equities | 38 | 11.67% | 15.02M | Jan 2025 | ALAI vs INVN |
Often Compared With ALAI
Investors most often compare ALAI with SMH, TRFM, IGV. These 20 comparison targets span 15 categories, based on PortfoliosLab usage data.
Compare ALAI with Any Fund or Stock
Compare ALAI with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ALAI with funds that move differently
Alger AI Enablers & Adopters ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ALAI.
Explore ALAI Diversifiers