Alger AI Enablers & Adopters ETF (ALAI)
| Assets | $298.00M |
| Expense Ratio | 0.55% |
| PE Ratio | 38.34 |
| Shares Out | 8.14M |
| Dividend (ttm) | $0.17 |
| Dividend Yield | 0.47% |
| Ex-Dividend Date | Dec 18, 2024 |
| Payout Ratio | 17.90% |
| 1-Year Return | +35.95% |
| Volume | 38,582 |
| Open | 37.20 |
| Previous Close | 37.12 |
| Day's Range | 37.01 - 37.43 |
| 52-Week Low | 20.03 |
| 52-Week High | 39.26 |
| Beta | n/a |
| Holdings | 54 |
| Inception Date | Apr 4, 2024 |
About ALAI
Fund Home PageThe Alger AI Enablers & Adopters ETF (ALAI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in firms benefiting from developing, integrating or enabling artificial intelligence (AI) technology. The fund seeks long-term capital growth through fundamental research ALAI was launched on Apr 4, 2024 and is issued by Alger.
Top 10 Holdings
62.47% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 9.96% |
| Microsoft Corporation | MSFT | 9.79% |
| Amazon.com, Inc. | AMZN | 7.66% |
| Meta Platforms, Inc. | META | 5.47% |
| Alphabet Inc. | GOOG | 5.37% |
| Broadcom Inc. | AVGO | 5.27% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 5.13% |
| AppLovin Corporation | APP | 5.10% |
| Talen Energy Corporation | TLN | 4.50% |
| Apple Inc. | AAPL | 4.21% |
News
Alger AI Enablers & Adopters ETF Q3 2025 Portfolio Update
The Alger AI Enablers & Adopters ETF outperformed the S&P 500 Index during the third quarter of 2025. NVIDIA Corporation, Nebius Group N.V., and Talen Energy Corp were among the top contributors to pe...
From the AI Power Bill to Impact of Global Currency Shifts
Every month, TMX VettaFi publishes hundreds of articles across our ETF-focused websites. Reviewing the pieces that capture our readers' attention provides a clear picture of prevailing advisor and inv...
ALAI: Concentrated, High-Beta AI Strategy Staged For Growth
The Alger AI Enablers & Adopters ETF offers concentrated exposure to high-growth companies driving AI infrastructure and application adoption. ALAI's portfolio is heavily weighted toward large-cap lea...
Corporate AI Adoption Goes Beyond the Search Engine
Corporate adoption of artificial intelligence is extending far beyond merely employing AI as an augmented search engine. The Alger team recently broke down how different firms in the U.S. are using ar...
How ‘Sovereign AI' Can Boost AI CapEx Spending
Corporations aren't the only major source that can drive capital expenditures (CapEx) spending on artificial intelligence infrastructure. Recent insights from Alger highlighted how spending from forei...
ALAI: High Reward So Far For Artificial Intelligence Exposure
ALAI offers concentrated, growth-focused AI exposure, ideal for investors seeking active management beyond core index ETFs. I rate ALAI a Buy for those comfortable with its short track record and the ...