Alger Russell Innovation ETF (INVN) belongs to the Mid Cap Blend Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with INVN. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to INVN
INVN charges 0.55% annually. There are 48 ETFs in the Mid Cap Blend Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Portfolio S&P 400 Mid Cap ETF | 0.03% | 18.27B | Nov 2005 | INVN vs SPMD | |
| Vanguard Mid-Cap ETF | 0.03% | 224.00B | Jan 2004 | INVN vs VO | |
| Schwab US Mid-Cap ETF | 0.04% | 14.50B | Jan 2011 | INVN vs SCHM | |
| iShares Morningstar Mid-Cap ETF | 0.04% | 1.66B | Jun 2004 | INVN vs IMCB | |
| Vanguard Extended Market ETF | 0.05% | 97.70B | Dec 2001 | INVN vs VXF |
Best Risk-Adjusted Alternatives to INVN
INVN has a PortfoliosLab risk / return rank of 37. There are 63 ETFs in the Mid Cap Blend Equities category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Castellan Targeted Equity ETF | 91 | — | Jun 2025 | INVN vs CTEF | |
| Counterpoint Quantitative Equity ETF | 88 | 377.71M | Nov 2023 | INVN vs CPAI | |
| LeaderShares AlphaFactor US Core Equity ETF | 88 | 117.99M | Oct 2018 | INVN vs LSAF | |
| Invesco S&P Spin-Off ETF | 88 | 225.57M | Dec 2006 | INVN vs CSD | |
| SRH U.S. Quality ETF | 87 | 170.62M | Oct 2022 | INVN vs SRHQ |
Top Performing INVN Alternatives (YTD)
INVN is at 9.96% YTD. There are 67 ETFs in the Mid Cap Blend Equities category with higher YTD returns, going as high as 33.99%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Castellan Targeted Equity ETF | 33.99% | — | Jun 2025 | INVN vs CTEF | |
| Invesco S&P Spin-Off ETF | 33.33% | 225.57M | Dec 2006 | INVN vs CSD | |
| Counterpoint Quantitative Equity ETF | 26.13% | 377.71M | Nov 2023 | INVN vs CPAI | |
| Optimize Strategy Index ETF | 24.46% | 239.89M | Apr 2024 | INVN vs OPTZ | |
| GMO Domestic Resilience ETF | 21.60% | 36.00M | Sep 2025 | INVN vs DRES |
Lowest Volatility Alternatives to INVN
INVN has 23.55% 1-year volatility. There are 77 ETFs in the Mid Cap Blend Equities category with lower 1-year volatility, going as low as 9.97%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Dynamic Market ETF | 9.97% | 95.10M | May 2003 | INVN vs PWC | |
| Invesco Bloomberg MVP Multi-factor ETF | 9.97% | 104.10M | May 2003 | INVN vs BMVP | |
| ETC 6 Meridian Low Beta Equity Strategy ETF | 10.43% | 185.97M | May 2020 | INVN vs SIXL | |
| Indexperts Quality Earnings Focused ETF | 11.02% | 34.97M | Dec 2024 | INVN vs QIDX | |
| Xtrackers Russell US Multifactor ETF | 11.17% | 300.67M | Nov 2015 | INVN vs DEUS |
Lowest Drawdown Alternatives to INVN
INVN has a 1-year max drawdown of -20.39%. There are 72 ETFs in the Mid Cap Blend Equities category with shallower 1-year drawdowns, going as shallow as -6.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SRH U.S. Quality ETF | -6.31% | 170.62M | Oct 2022 | INVN vs SRHQ | |
| Invesco Dynamic Market ETF | -6.45% | 95.10M | May 2003 | INVN vs PWC | |
| Invesco Bloomberg MVP Multi-factor ETF | -6.45% | 104.10M | May 2003 | INVN vs BMVP | |
| WisdomTree US Multifactor Fund | -6.47% | 297.46M | Jun 2017 | INVN vs USMF | |
| ETC 6 Meridian Low Beta Equity Strategy ETF | -6.52% | 185.97M | May 2020 | INVN vs SIXL |
Other ETFs from Alger
The 4 most viewed Alger ETFs shown here include CNEQ, ATFV, ALAI and span 4 categories. AUM among these funds goes as high as $304M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Alger Concentrated Equity ETF | Large Cap Growth Equities | 35 | 11.78% | 186.09M | Apr 2024 | INVN vs CNEQ | |
| Alger 35 ETF | Large Cap Growth Equities | 35 | 10.01% | 108.04M | May 2021 | INVN vs ATFV | |
| Alger AI Enablers & Adopters ETF | Artificial Intelligence, Technology Equities | 45 | 19.08% | 303.87M | Apr 2024 | INVN vs ALAI | |
| Alger Mid Cap 40 ETF | Mid Cap Growth Equities | 18 | 5.48% | 129.13M | Feb 2021 | INVN vs FRTY |
Often Compared With INVN
Investors most often compare INVN with IJH, FTDS, PEXL. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare INVN with Any Fund or Stock
Compare INVN with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair INVN with funds that move differently
Alger Russell Innovation ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to INVN.
Explore INVN Diversifiers