ALAI - ETF AI Analysis
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Alger AI Enablers & Adopters ETF (ALAI)
Rating:65Neutral
Price Target:―
Positive Factors
Strong Recent Fund Performance
The ETF has shown solid gains so far this year and over the past few months, indicating positive momentum in its strategy.
Leading AI-Focused Holdings
Many of the largest positions are major technology and AI-related companies that have delivered strong or very strong performance, helping drive the fund’s returns.
Focused Technology and Communication Exposure
A large share of the portfolio is in technology and communication services, giving investors targeted exposure to sectors that have been key beneficiaries of AI growth.
Negative Factors
High Stock Concentration
A small group of large technology names makes up a significant portion of the fund, which increases the impact if any of these companies run into trouble.
Limited Geographic Diversification
With most assets invested in U.S. companies, the ETF offers little protection if the U.S. market or economy weakens.
Mixed Performance Among Top Holdings
While several major positions have done well, some large holdings have shown weak or negative performance, which can hold back overall returns.
ALAI vs. SPDR S&P 500 ETF (SPY)
AUM356.15M
RegionGlobal
Expense Ratio0.55%
Beta1.58
IssuerAlger
Inception DateApr 05, 2024
Dividend Yield1.35%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume88,857
30 Day Avg. Volume95,444
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
48.21Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering52
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
ALAI Summary
The Alger AI Enablers & Adopters ETF (ALAI) is a fund that focuses on companies using or building artificial intelligence and robotics, rather than tracking a traditional index. It mainly holds U.S. technology and communication stocks tied to the Robotics & AI theme. Well-known holdings include Nvidia, Amazon, Microsoft, Alphabet (Google), and Apple. Someone might invest in this ETF to seek long-term growth from the expanding use of AI across many industries while getting diversification across several leading tech names. A key risk is that it is heavily concentrated in technology-related stocks, so its price can swing sharply with changes in the tech sector.
How much will it cost me?The Alger AI Enablers & Adopters ETF (ALAI) has an expense ratio of 0.55%, which means you’ll pay $5.50 per year for every $1,000 invested. This is slightly higher than the average for ETFs because it is actively managed and focuses on a specialized theme like AI and robotics, requiring more research and expertise. However, this cost reflects the potential value of accessing a curated portfolio of innovative companies in a high-growth sector.
What would affect this ETF?The Alger AI Enablers & Adopters ETF (ALAI) could benefit from increasing global adoption of AI and robotics, as well as continued innovation in technology and communication services, which make up a significant portion of its holdings. However, challenges such as regulatory scrutiny on AI, potential economic slowdowns, or rising interest rates could negatively impact growth-focused companies like Nvidia, Microsoft, and Meta Platforms that dominate the ETF's portfolio.
ALAI Top 10 Holdings
ALAI is riding the AI wave with a heavy tilt toward U.S. Big Tech and chipmakers, and that’s where most of the action is. Nvidia, Broadcom, TSMC, and a surging Western Digital are doing the heavy lifting as demand for AI hardware and data infrastructure heats up. Amazon and Alphabet add steady AI-driven growth from cloud and digital ads, while Meta is contributing but not really stealing the show. Apple and Microsoft look more mixed, occasionally losing steam, but the fund’s global, tech-centric lineup keeps the AI theme firmly in the driver’s seat.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 14.68% | $52.28M | $5.06T | 99.22% | 76 Outperform | |
| Amazon | 7.09% | $25.25M | $2.84T | 39.12% | 71 Outperform | |
| Microsoft | 5.93% | $21.12M | $3.15T | 8.60% | 79 Outperform | |
| TSMC | 5.86% | $20.87M | $1.80T | 147.84% | 81 Outperform | |
| Western Digital | 5.50% | $19.59M | $136.97B | 879.54% | 77 Outperform | |
| Broadcom | 5.33% | $18.98M | $2.00T | 117.28% | 76 Outperform | |
| Alphabet Class C | 5.26% | $18.73M | $4.15T | 114.58% | 82 Outperform | |
| Meta Platforms | 4.86% | $17.31M | $1.71T | 23.44% | 76 Outperform | |
| Nebius Group | 3.59% | $12.79M | $37.04B | 501.24% | 46 Neutral | |
| Apple | 2.81% | $10.01M | $3.98T | 27.35% | 79 Outperform |
ALAI Technical Analysis
Positive
―
Price Trends
35.47
Positive
35.79
Positive
35.40
Positive
Market Momentum
1.37
Negative
72.23
Negative
75.24
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For ALAI, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 37.93, equal to the 50-day MA of 35.47, and equal to the 200-day MA of 35.40, indicating a bullish trend. The MACD of 1.37 indicates Negative momentum. The RSI at 72.23 is Negative, neither overbought nor oversold. The STOCH value of 75.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ALAI.
ALAI Peer Comparison
Comparison Results
Performance Comparison
ALAI
Alger AI Enablers & Adopters ETF
40.09
15.73
64.57%
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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