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 49 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% | 18.14B | Nov 2005 | INVN vs SPMD | |
| Vanguard Mid-Cap ETF | 0.03% | 218.80B | Jan 2004 | INVN vs VO | |
| iShares Morningstar Mid-Cap ETF | 0.04% | 1.64B | Jun 2004 | INVN vs IMCB | |
| Schwab US Mid-Cap ETF | 0.04% | 14.91B | Jan 2011 | INVN vs SCHM | |
| Vanguard Extended Market ETF | 0.05% | 93.70B | Dec 2001 | INVN vs VXF |
Best Risk-Adjusted Alternatives to INVN
INVN has a PortfoliosLab risk / return rank of 21. There are 69 ETFs in the Mid Cap Blend Equities category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Castellan Targeted Equity ETF | 94 | — | Jun 2025 | INVN vs CTEF | |
| Invesco S&P Spin-Off ETF | 90 | 226.12M | Dec 2006 | INVN vs CSD | |
| Optimize Strategy Index ETF | 90 | 239.89M | Apr 2024 | INVN vs OPTZ | |
| Counterpoint Quantitative Equity ETF | 87 | 366.29M | Nov 2023 | INVN vs CPAI | |
| iShares MSCI Peru ETF | 83 | 536.81M | Jun 2009 | INVN vs EPU |
Top Performing INVN Alternatives (YTD)
INVN is at 3.83% YTD. There are 79 ETFs in the Mid Cap Blend Equities category with higher YTD returns, going as high as 40.12%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco S&P Spin-Off ETF | 40.12% | 226.12M | Dec 2006 | INVN vs CSD | |
| Castellan Targeted Equity ETF | 37.77% | — | Jun 2025 | INVN vs CTEF | |
| Optimize Strategy Index ETF | 31.67% | 239.89M | Apr 2024 | INVN vs OPTZ | |
| Counterpoint Quantitative Equity ETF | 28.00% | 366.29M | Nov 2023 | INVN vs CPAI | |
| Vanguard U.S. Momentum Factor ETF | 23.90% | 1.70B | Feb 2018 | INVN vs VFMO |
Lowest Volatility Alternatives to INVN
INVN has 22.23% 1-year volatility. There are 77 ETFs in the Mid Cap Blend Equities category with lower 1-year volatility, going as low as 8.78%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard U.S. Minimum Volatility ETF | 8.78% | 426.50M | Feb 2018 | INVN vs VFMV | |
| Invesco Bloomberg MVP Multi-factor ETF | 9.77% | 101.68M | May 2003 | INVN vs BMVP | |
| Invesco Dynamic Market ETF | 9.77% | 95.10M | May 2003 | INVN vs PWC | |
| ETC 6 Meridian Low Beta Equity Strategy ETF | 10.23% | 185.97M | May 2020 | INVN vs SIXL | |
| Indexperts Quality Earnings Focused ETF | 11.02% | 34.97M | Dec 2024 | INVN vs QIDX |
Lowest Drawdown Alternatives to INVN
INVN has a 1-year max drawdown of -20.39%. There are 74 ETFs in the Mid Cap Blend Equities category with shallower 1-year drawdowns, going as shallow as -6.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard U.S. Minimum Volatility ETF | -6.00% | 426.50M | Feb 2018 | INVN vs VFMV | |
| RiverNorth Patriot ETF | -6.25% | 3.97M | Feb 2022 | INVN vs FLDZ | |
| SRH U.S. Quality ETF | -6.31% | 170.62M | Oct 2022 | INVN vs SRHQ | |
| Invesco Bloomberg MVP Multi-factor ETF | -6.45% | 101.68M | May 2003 | INVN vs BMVP | |
| Invesco Dynamic Market ETF | -6.45% | 95.10M | May 2003 | INVN vs PWC |
Other ETFs from Alger
The 2 most viewed Alger ETFs shown here include CNEQ, ALAI and span 2 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 | 54 | 18.00% | 186.09M | Apr 2024 | INVN vs CNEQ | |
| Alger AI Enablers & Adopters ETF | Technology Equities | 67 | 25.64% | 303.87M | Apr 2024 | INVN vs ALAI |
Often Compared With INVN
Investors most often compare INVN with IJH, FTDS, PEXL. These 20 comparison targets span 9 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