DURA vs. ALAI

Last updated Jun 24, 2026

DURA (VanEck Vectors Morningstar Durable Dividend ETF) and ALAI (Alger AI Enablers & Adopters ETF) are both exchange-traded funds - DURA is a Large Cap Blend Equities fund tracking the Morningstar US Dividend Valuation Index, while ALAI is a Technology Equities fund actively managed by Alger. DURA is passively managed, while ALAI is actively managed. Over the past year, DURA returned 20.37% vs 55.24% for ALAI. At a correlation of -0.00, they often move in opposite directions. DURA charges 0.29%/yr vs 0.55%/yr for ALAI.

Performance

DURA vs. ALAI - Performance Comparison

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

Returns By Period

In the year-to-date period, DURA achieves a 12.23% return, which is significantly lower than ALAI's 23.84% return.

DURA

• 1D: 0.41%
• 1M: -2.77%
• YTD: 12.23%
• 6M: 12.16%
• 1Y: 20.37%
• 3Y*: 10.25%
• 5Y*: 7.63%
• 10Y*: —

ALAI

• 1D: -3.08%
• 1M: 2.64%
• YTD: 23.84%
• 6M: 21.16%
• 1Y: 55.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DURA vs. ALAI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DURA VanEck Vectors Morningstar Durable Dividend ETF	12.23%	7.61%	6.22%
ALAI Alger AI Enablers & Adopters ETF	23.84%	39.81%	32.38%

Correlation

The correlation between DURA and ALAI is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.11
Correlation (All Time) Calculated using the full available price history since Apr 5, 2024	-0.00

The correlation between DURA and ALAI shifts across timeframes, from -0.11 (1 year) to -0.00 (all time), reflecting how their relationship changes across market environments.

DURA vs. ALAI - Sectors Allocation Comparison

Sectors	DURA	ALAI
Consumer Defensive	22.1%	-
Healthcare	14.3%	2.0%
Energy	13.8%	-
Technology	11.2%	54.7%
Financial Services	9.0%	4.0%
Communication Services	8.8%	21.1%
Utilities	6.6%	2.8%
Consumer Cyclical	6.3%	12.7%
Industrials	6.0%	2.2%
Basic Materials	1.9%	0.5%
Real Estate	-	-

Return for Risk

DURA vs. ALAI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DURA

DURA Risk / Return Rank: 50
DURA Sharpe Ratio Rank: 41
DURA Sortino Ratio Rank: 44
DURA Omega Ratio Rank: 52
DURA Calmar Ratio Rank: 52
DURA Martin Ratio Rank: 59

ALAI

ALAI Risk / Return Rank: 62
ALAI Sharpe Ratio Rank: 70
ALAI Sortino Ratio Rank: 62
ALAI Omega Ratio Rank: 61
ALAI Calmar Ratio Rank: 61
ALAI Martin Ratio Rank: 55

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DURA vs. ALAI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Morningstar Durable Dividend ETF (DURA) and Alger AI Enablers & Adopters ETF (ALAI). 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.

	DURA	ALAI	Difference
Sharpe ratio: Return per unit of total volatility	1.38	2.14	-0.75
Sortino ratio: Return per unit of downside risk	2.08	2.73	-0.65
Omega ratio: Gain probability vs. loss probability	1.31	1.35	-0.04
Calmar ratio: Return relative to maximum drawdown	2.40	2.85	-0.45
Martin ratio: Return relative to average drawdown	9.72	8.95	+0.77

DURA vs. ALAI - Sharpe Ratio Comparison

The current DURA Sharpe Ratio is 1.38, which is lower than the ALAI Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of DURA and ALAI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DURA vs. ALAI - Drawdown Comparison

The maximum DURA drawdown since its inception was -33.15%, which is greater than ALAI's maximum drawdown of -29.36%. Use the drawdown chart below to compare losses from any high point for DURA and ALAI.

Drawdown Indicators

	DURA	ALAI	Difference
Max Drawdown Largest peak-to-trough decline	-33.15%	-29.36%	-3.79%
Max Drawdown (1Y) Largest decline over 1 year	-8.53%	-19.48%	+10.95%
Max Drawdown (3Y) Largest decline over 3 years	-14.27%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-15.80%	—	—
Current Drawdown Current decline from peak	-2.77%	-4.34%	+1.57%
Average Drawdown Average peak-to-trough decline	-3.91%	-5.12%	+1.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.10%	6.19%	-4.09%

Volatility

DURA vs. ALAI - Volatility Comparison

The current volatility for VanEck Vectors Morningstar Durable Dividend ETF (DURA) is 3.22%, while Alger AI Enablers & Adopters ETF (ALAI) has a volatility of 11.00%. This indicates that DURA experiences smaller price fluctuations and is considered to be less risky than ALAI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DURA	ALAI	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.22%	11.00%	-7.78%
Volatility (6M) Calculated over the trailing 6-month period	7.78%	20.54%	-12.76%
Volatility (1Y) Calculated over the trailing 1-year period	14.79%	25.98%	-11.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.61%	28.89%	-15.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.95%	28.89%	-11.94%

DURA vs. ALAI - Expense Ratio Comparison

DURA has a 0.29% expense ratio, which is lower than ALAI's 0.55% expense ratio.

Dividends

DURA vs. ALAI - Dividend Comparison

DURA's dividend yield for the trailing twelve months is around 3.31%, more than ALAI's 1.21% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
ALAI Alger AI Enablers & Adopters ETF	1.21%	1.50%	0.66%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DURA VanEck Vectors Morningstar Durable Dividend ETF	3.31%	3.59%	3.33%	3.58%	3.01%	2.89%	3.49%	3.83%	0.66%

Frequently Asked Questions

Can I hold both DURA and ALAI in my portfolio?

DURA and ALAI have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DURA or ALAI?

ALAI has higher volatility (11.00%) compared to DURA (3.22%). In terms of maximum drawdown, DURA dropped -33.15% vs ALAI's -29.36%.

Which ETF is better, DURA or ALAI?

On 1-year performance, ALAI leads with 55.24% vs 20.37% for DURA. On fees, DURA is cheaper at 0.29% per year. On volatility, DURA has been the lower-risk option at 3.22%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DURA or ALAI?

Over the 1-year period, ALAI has performed better with a 55.24% return vs 20.37%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DURA or ALAI?

DURA is cheaper with a 0.29% expense ratio, compared with 0.55% for ALAI.

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

DURA has the higher dividend yield at 3.31%, compared with 1.21% for ALAI.

What is the main difference between DURA and ALAI?

DURA is categorized as Large Cap Blend Equities, while ALAI is Technology Equities. They also come from different issuers: VanEck and Alger. Their fees differ too: 0.29% for DURA and 0.55% for ALAI.

Which has better risk-adjusted returns?

ALAI currently has the higher Sharpe Ratio (2.14 vs 1.38), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.