ALAI vs. AGIQ

Last updated Aug 4, 2026

ALAI (Alger AI Enablers & Adopters ETF) and AGIQ (SoFi Agentic AI ETF) are both Artificial Intelligence funds. ALAI is actively managed, while AGIQ is passively managed. Their 0.77 correlation means they have sometimes moved together and sometimes differently. ALAI charges 0.55%/yr vs 0.69%/yr for AGIQ.

Performance

ALAI vs. AGIQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alger AI Enablers & Adopters ETF (ALAI) and SoFi Agentic AI ETF (AGIQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ALAI achieves a 22.63% return, which is significantly higher than AGIQ's 7.98% return.

ALAI

• 1D: 2.98%
• 1M: 1.63%
• 6M: 22.67%
• YTD: 22.63%
• 1Y: 40.53%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 42.22%

AGIQ

• 1D: 2.25%
• 1M: 1.02%
• 6M: 10.16%
• YTD: 7.98%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AGIQ SoFi Agentic AI ETF	$87.65K	$96.78K	$185.04K
ALAI Alger AI Enablers & Adopters ETF	$3.00M	$4.32M	$4.07M

ALAI vs. AGIQ - Yearly Performance Comparison

	2026 (YTD)	2025
ALAI Alger AI Enablers & Adopters ETF	22.63%	9.66%
AGIQ SoFi Agentic AI ETF	7.98%	13.79%

Correlation

The correlation between ALAI and AGIQ is 0.77, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 3, 2025	0.77

ALAI vs. AGIQ - Sectors Allocation Comparison

Sectors	ALAI	AGIQ
Technology	53.7%	56.0%
Communication Services	18.0%	6.0%
Consumer Cyclical	11.9%	9.5%
Industrials	5.8%	14.9%
Financial Services	4.1%	-
Utilities	3.2%	-
Healthcare	2.6%	13.4%
Basic Materials	0.7%	-
Consumer Defensive	-	-
Energy	-	-
Real Estate	-	-

Return for Risk

ALAI vs. AGIQ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ALAI

ALAI Risk / Return Rank: 56
ALAI Sharpe Ratio Rank: 60
ALAI Sortino Ratio Rank: 59
ALAI Omega Ratio Rank: 54
ALAI Calmar Ratio Rank: 57
ALAI Martin Ratio Rank: 51

AGIQ

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ALAI vs. AGIQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alger AI Enablers & Adopters ETF (ALAI) and SoFi Agentic AI ETF (AGIQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ALAI	AGIQ	Difference
Sharpe ratio: Return per unit of total volatility	1.48	—	—
Sortino ratio: Return per unit of downside risk	2.07	—	—
Omega ratio: Gain probability vs. loss probability	1.25	—	—
Calmar ratio: Return relative to maximum drawdown	2.09	—	—
Martin ratio: Return relative to average drawdown	6.16	—	—

Drawdowns

ALAI vs. AGIQ - Drawdown Comparison

The maximum ALAI drawdown since its inception was -29.36%, which is greater than AGIQ's maximum drawdown of -19.72%. Use the drawdown chart below to compare losses from any high point for ALAI and AGIQ.

Drawdown Indicators

	ALAI	AGIQ	Difference
Max Drawdown Largest peak-to-trough decline	-29.36%	-19.72%	-9.64%
Max Drawdown (1Y) Largest decline over 1 year	-19.48%	—	—
Current Drawdown Current decline from peak	-5.28%	-4.35%	-0.93%
Average Drawdown Average peak-to-trough decline	-5.18%	-6.26%	+1.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.59%	—	—

Volatility

Volatility by Period

	ALAI	AGIQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.48%	—	—
Volatility (6M) Calculated over the trailing 6-month period	22.49%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	27.55%	23.85%	+3.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.15%	23.85%	+5.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.15%	23.85%	+5.30%

ALAI vs. AGIQ - Expense Ratio Comparison

ALAI has a 0.55% expense ratio, which is lower than AGIQ's 0.69% expense ratio.

Dividends

ALAI vs. AGIQ - Dividend Comparison

ALAI's dividend yield for the trailing twelve months is around 1.22%, less than AGIQ's 1.87% yield.

Position	TTM	2025	2024
AGIQ SoFi Agentic AI ETF	1.87%	0.38%	0.00%
ALAI Alger AI Enablers & Adopters ETF	1.22%	1.50%	0.66%

Frequently Asked Questions

Can I hold both ALAI and AGIQ in my portfolio?

ALAI and AGIQ have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ALAI or AGIQ?

On fees, ALAI is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ALAI or AGIQ?

ALAI is cheaper with a 0.55% expense ratio, compared with 0.69% for AGIQ.

Which ETF pays a higher dividend yield, ALAI or AGIQ?

AGIQ has the higher dividend yield at 1.87%, compared with 1.22% for ALAI.

What is the main difference between ALAI and AGIQ?

They also come from different issuers: Alger and SoFi. Their fees differ too: 0.55% for ALAI and 0.69% for AGIQ.