Alger Concentrated Equity ETF (CNEQ) belongs to the Large Cap Growth Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with CNEQ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CNEQ
CNEQ charges 0.55% annually. There are 140 ETFs in the Large Cap Growth Equities category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| JP Morgan Betabuilders U.S. Equity ETF | 0.02% | 8.38B | Mar 2019 | CNEQ vs BBUS | |
| iShares Morningstar U.S. Equity ETF | 0.03% | 1.28B | Jun 2004 | CNEQ vs ILCB | |
| Vanguard Growth ETF | 0.03% | 365.00B | Jan 2004 | CNEQ vs VUG | |
| iShares Morningstar Growth ETF | 0.04% | 3.25B | Jun 2004 | CNEQ vs ILCG | |
| Invesco PureBeta MSCI USA ETF | 0.04% | 11.44B | Sep 2017 | CNEQ vs PBUS |
Best Risk-Adjusted Alternatives to CNEQ
CNEQ has a PortfoliosLab risk / return rank of 57. There are 82 ETFs in the Large Cap Growth Equities category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Grizzle Growth ETF | 91 | 15.25M | Dec 2021 | CNEQ vs DARP | |
| Wahed FTSE USA Shariah ETF | 88 | 555.00M | Jul 2019 | CNEQ vs HLAL | |
| Impact Shares NAACP Minority Empowerment ETF | 88 | 59.00M | Jul 2018 | CNEQ vs NACP | |
| US Vegan Climate ETF | 86 | 134.13M | Sep 2019 | CNEQ vs VEGN | |
| RiverFront Dynamic US Dividend Advantage ETF | 83 | 87.48M | Jun 2016 | CNEQ vs RFDA |
Top Performing CNEQ Alternatives (YTD)
CNEQ is at 19.72% YTD. There are 29 ETFs in the Large Cap Growth Equities category with higher YTD returns, going as high as 79.03%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill Meme Stock ETF | 79.03% | 29.99M | Oct 2025 | CNEQ vs MEME | |
| SMART Earnings Growth 30 ETF | 51.46% | 50.41M | Aug 2025 | CNEQ vs SGRT | |
| Franklin Intelligent Machines ETF | 40.18% | 87.87M | Feb 2020 | CNEQ vs IQM | |
| Grizzle Growth ETF | 32.67% | 15.25M | Dec 2021 | CNEQ vs DARP | |
| US Vegan Climate ETF | 32.05% | 134.13M | Sep 2019 | CNEQ vs VEGN |
Lowest Volatility Alternatives to CNEQ
CNEQ has 22.51% 1-year volatility. There are 212 ETFs in the Large Cap Growth Equities category with lower 1-year volatility, going as low as 6.93%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Core Alternative ETF | 6.93% | 39.10M | May 2017 | CNEQ vs CCOR | |
| WisdomTree US LargeCap Dividend ETF | 8.87% | 6.04B | Jun 2006 | CNEQ vs DLN | |
| SPDR MSCI USA StrategicFactors ETF | 9.09% | 1.64B | Apr 2015 | CNEQ vs QUS | |
| Invesco Dividend Achievers™ ETF | 9.47% | 780.82M | Sep 2005 | CNEQ vs PFM | |
| iShares Core Dividend Growth ETF | 9.48% | 40.46B | Jun 2014 | CNEQ vs DGRO |
Lowest Drawdown Alternatives to CNEQ
CNEQ has a 1-year max drawdown of -19.30%. There are 180 ETFs in the Large Cap Growth Equities category with shallower 1-year drawdowns, going as shallow as -5.45%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverFront Dynamic US Dividend Advantage ETF | -5.45% | 87.48M | Jun 2016 | CNEQ vs RFDA | |
| Hartford Multifactor US Equity ETF | -5.97% | 632.73M | Feb 2015 | CNEQ vs ROUS | |
| WisdomTree US LargeCap Dividend ETF | -6.10% | 6.04B | Jun 2006 | CNEQ vs DLN | |
| PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | -6.39% | 251.20M | Aug 2017 | CNEQ vs MFUS | |
| iShares Core Dividend Growth ETF | -6.47% | 40.46B | Jun 2014 | CNEQ vs DGRO |
Other ETFs from Alger
The 2 most viewed Alger ETFs shown here include ALAI, INVN and span 2 categories. AUM among these funds goes as high as $304M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Alger AI Enablers & Adopters ETF | Technology Equities | 70 | 27.17% | 303.87M | Apr 2024 | CNEQ vs ALAI | |
| Alger Russell Innovation ETF | Mid Cap Blend Equities | 22 | 2.05% | 15.02M | Jan 2025 | CNEQ vs INVN |
Often Compared With CNEQ
Investors most often compare CNEQ with ATFV, SPMO, ONEQ. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare CNEQ with Any Fund or Stock
Compare CNEQ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CNEQ with funds that move differently
Alger Concentrated Equity ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CNEQ.
Explore CNEQ Diversifiers