RNTY vs. ALAI

Last updated Jun 24, 2026

RNTY (YieldMax Target 12™ Real Estate Option Income ETF) and ALAI (Alger AI Enablers & Adopters ETF) are both exchange-traded funds - RNTY is a Derivative Income fund actively managed by YieldMax, while ALAI is a Technology Equities fund actively managed by Alger. Both are actively managed. Over the past year, RNTY returned 8.55% vs 55.24% for ALAI. At a correlation of -0.03, they often move in opposite directions. RNTY charges 0.99%/yr vs 0.55%/yr for ALAI.

Performance

RNTY vs. ALAI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Target 12™ Real Estate Option Income ETF (RNTY) 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, RNTY achieves a 8.31% return, which is significantly lower than ALAI's 23.84% return.

RNTY

• 1D: 1.02%
• 1M: 0.81%
• YTD: 8.31%
• 6M: 9.35%
• 1Y: 8.55%
• 3Y*: —
• 5Y*: —
• 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)

RNTY vs. ALAI - Yearly Performance Comparison

	2026 (YTD)	2025
RNTY YieldMax Target 12™ Real Estate Option Income ETF	8.31%	4.58%
ALAI Alger AI Enablers & Adopters ETF	23.84%	67.44%

Correlation

The correlation between RNTY and ALAI is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.06
Correlation (All Time) Calculated using the full available price history since Apr 17, 2025	-0.03

Return for Risk

RNTY vs. ALAI — Risk / Return Rank

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

RNTY

RNTY Risk / Return Rank: 24
RNTY Sharpe Ratio Rank: 23
RNTY Sortino Ratio Rank: 21
RNTY Omega Ratio Rank: 21
RNTY Calmar Ratio Rank: 24
RNTY Martin Ratio Rank: 28

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.

RNTY vs. ALAI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Target 12™ Real Estate Option Income ETF (RNTY) 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.

	RNTY	ALAI	Difference
Sharpe ratio: Return per unit of total volatility	0.78	2.14	-1.36
Sortino ratio: Return per unit of downside risk	1.13	2.73	-1.60
Omega ratio: Gain probability vs. loss probability	1.14	1.35	-0.21
Calmar ratio: Return relative to maximum drawdown	1.09	2.85	-1.76
Martin ratio: Return relative to average drawdown	3.61	8.95	-5.34

RNTY vs. ALAI - Sharpe Ratio Comparison

The current RNTY Sharpe Ratio is 0.78, which is lower than the ALAI Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of RNTY 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

RNTY vs. ALAI - Drawdown Comparison

The maximum RNTY drawdown since its inception was -7.91%, smaller than the maximum ALAI drawdown of -29.36%. Use the drawdown chart below to compare losses from any high point for RNTY and ALAI.

Drawdown Indicators

	RNTY	ALAI	Difference
Max Drawdown Largest peak-to-trough decline	-7.91%	-29.36%	+21.45%
Max Drawdown (1Y) Largest decline over 1 year	-7.91%	-19.48%	+11.57%
Current Drawdown Current decline from peak	-0.29%	-4.34%	+4.05%
Average Drawdown Average peak-to-trough decline	-1.71%	-5.12%	+3.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.38%	6.19%	-3.81%

Volatility

RNTY vs. ALAI - Volatility Comparison

The current volatility for YieldMax Target 12™ Real Estate Option Income ETF (RNTY) is 3.66%, while Alger AI Enablers & Adopters ETF (ALAI) has a volatility of 11.00%. This indicates that RNTY 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

	RNTY	ALAI	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.66%	11.00%	-7.34%
Volatility (6M) Calculated over the trailing 6-month period	8.25%	20.54%	-12.29%
Volatility (1Y) Calculated over the trailing 1-year period	10.99%	25.98%	-14.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.89%	28.89%	-18.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.89%	28.89%	-18.00%

RNTY vs. ALAI - Expense Ratio Comparison

RNTY has a 0.99% expense ratio, which is higher than ALAI's 0.55% expense ratio.

Dividends

RNTY vs. ALAI - Dividend Comparison

RNTY's dividend yield for the trailing twelve months is around 12.01%, more than ALAI's 1.21% yield.

Position	TTM	2025	2024
ALAI Alger AI Enablers & Adopters ETF	1.21%	1.50%	0.66%
RNTY YieldMax Target 12™ Real Estate Option Income ETF	12.01%	8.28%	0.00%

Frequently Asked Questions

Can I hold both RNTY and ALAI in my portfolio?

RNTY and ALAI have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RNTY or ALAI?

ALAI has higher volatility (11.00%) compared to RNTY (3.66%). In terms of maximum drawdown, RNTY dropped -7.91% vs ALAI's -29.36%.

Which ETF is better, RNTY or ALAI?

On 1-year performance, ALAI leads with 55.24% vs 8.55% for RNTY. On fees, ALAI is cheaper at 0.55% per year. On volatility, RNTY has been the lower-risk option at 3.66%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RNTY or ALAI?

Over the 1-year period, ALAI has performed better with a 55.24% return vs 8.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RNTY or ALAI?

ALAI is cheaper with a 0.55% expense ratio, compared with 0.99% for RNTY.

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

RNTY has the higher dividend yield at 12.01%, compared with 1.21% for ALAI.

What is the main difference between RNTY and ALAI?

RNTY is categorized as Derivative Income, while ALAI is Technology Equities. They also come from different issuers: YieldMax and Alger. Their fees differ too: 0.99% for RNTY and 0.55% for ALAI.

Which has better risk-adjusted returns?

ALAI currently has the higher Sharpe Ratio (2.14 vs 0.78), 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.