ALAI vs. PTF

In the year-to-date period, ALAI achieves a 11.26% return, which is significantly higher than PTF's -9.28% return.

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ALAI has a 0.55% expense ratio, which is lower than PTF's 0.60% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Alger AI Enablers & Adopters ETF (ALAI) and Invesco DWA Technology Momentum ETF (PTF). 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.

The current ALAI Sharpe Ratio is 0.97, which is higher than the PTF Sharpe Ratio of 0.17. The chart below compares the historical Sharpe Ratios of ALAI and PTF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

ALAI's dividend yield for the trailing twelve months is around 0.59%, more than PTF's 0.23% yield.

The maximum ALAI drawdown since its inception was -29.36%, smaller than the maximum PTF drawdown of -55.38%. Use the drawdown chart below to compare losses from any high point for ALAI and PTF.

The current volatility for Alger AI Enablers & Adopters ETF (ALAI) is 4.39%, while Invesco DWA Technology Momentum ETF (PTF) has a volatility of 4.74%. This indicates that ALAI experiences smaller price fluctuations and is considered to be less risky than PTF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.