Alger AI Enablers & Adopters ETF (ALAI) belongs to the Technology Equities 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 78 ETFs in the Technology Equities category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity MSCI Information Technology Index ETF | 0.08% | 20.96B | Oct 2013 | ALAI vs FTEC | |
| State Street Technology Select Sector SPDR ETF | 0.08% | 120.59B | Dec 1998 | ALAI vs XLK | |
| Vanguard Information Technology ETF | 0.09% | 170.10B | Mar 2004 | ALAI vs VGT | |
| Vaneck Technology Trusector ETF | 0.13% | 173.15M | Aug 2025 | ALAI vs TRUT | |
| Global X PureCap MSCI Information Technology ETF | 0.15% | — | Jul 2025 | ALAI vs GXPT |
Best Risk-Adjusted Alternatives to ALAI
ALAI has a PortfoliosLab risk / return rank of 59. There are 52 ETFs in the Technology Equities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers Semiconductor Select Equity ETF | 95 | 116.18M | Jul 2023 | ALAI vs CHPS | |
| VistaShares Artificial Intelligence Supercycle ETF | 95 | 574.75M | Dec 2024 | ALAI vs AIS | |
| First Trust Nasdaq Semiconductor ETF | 95 | 2.46B | Sep 2016 | ALAI vs FTXL | |
| Invesco Semiconductors ETF | 94 | 2.68B | Jun 2005 | ALAI vs PSI | |
| iShares Semiconductor ETF | 94 | 47.60B | Jul 2001 | ALAI vs SOXX |
Top Performing ALAI Alternatives (YTD)
ALAI is at 22.29% YTD. There are 76 ETFs in the Technology Equities category with higher YTD returns, going as high as 177.51%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| STMicroelectronics NV ADRhedged | 177.51% | 7.89M | Mar 2025 | ALAI vs STHH | |
| Direxion Daily Semiconductors Top 5 Bull 2X Shares | 112.57% | 15.46M | Sep 2025 | ALAI vs TSXU | |
| Invesco Semiconductors ETF | 100.25% | 2.68B | Jun 2005 | ALAI vs PSI | |
| VistaShares Artificial Intelligence Supercycle ETF | 96.03% | 574.75M | Dec 2024 | ALAI vs AIS | |
| Xtrackers Semiconductor Select Equity ETF | 92.17% | 116.18M | Jul 2023 | ALAI vs CHPS |
Lowest Volatility Alternatives to ALAI
ALAI has 26.44% 1-year volatility. There are 69 ETFs in the Technology Equities category with lower 1-year volatility, going as low as 13.62%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers US National Critical Technologies ETF | 13.62% | 134.94M | Nov 2023 | ALAI vs CRTC | |
| Clockwise Core Equity & Innovation ETF | 13.90% | 19.49M | Jan 2022 | ALAI vs TIME | |
| Global X AgTech & Food Innovation ETF | 16.31% | 9.19M | Jul 2021 | ALAI vs KROP | |
| Goldman Sachs ETF Trust Goldman Sachs Innovate Equ... | 16.49% | 211.01M | Nov 2020 | ALAI vs GINN | |
| iShares Future Exponential Technologies ETF | 17.47% | 3.95B | Mar 2015 | ALAI vs XT |
Lowest Drawdown Alternatives to ALAI
ALAI has a 1-year max drawdown of -19.48%. There are 79 ETFs in the Technology Equities category with shallower 1-year drawdowns, going as shallow as -9.05%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers US National Critical Technologies ETF | -9.05% | 134.94M | Nov 2023 | ALAI vs CRTC | |
| Gabelli Global Technology Leaders ETF | -9.20% | 7.50M | Jan 2022 | ALAI vs GGTL | |
| ProShares S&P Technology Dividend Aristocrats ETF | -9.55% | 276.67M | Nov 2019 | ALAI vs TDV | |
| iShares Future Exponential Technologies ETF | -10.45% | 3.95B | Mar 2015 | ALAI vs XT | |
| Goldman Sachs Future Tech Leaders Equity ETF | -11.13% | 238.85M | Sep 2021 | ALAI vs GTEK |
Other ETFs from Alger
The 2 most viewed Alger ETFs shown here include CNEQ, INVN and span 2 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 | 48 | 15.85% | 186.09M | Apr 2024 | ALAI vs CNEQ | |
| Alger Russell Innovation ETF | Mid Cap Blend Equities | 23 | 4.05% | 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 12 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