Morningstar

Alger AI Enablers & Adopters ETF ALAI

Morningstar Medalist Rating
Medalist Rating as of | See Alger Investment Hub

Morningstar’s Analysis ALAI

Will ALAI outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ALAI’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ALAI management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of ALAI’s parent organization’s priorities and whether they’re in line with investors’ interests.

Alger AI Enablers& Adopters ETF earns a Morningstar Medalist Rating of Neutral with strength in areas such as People offset by weaker spots such as Process.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings ALAI

More ALAI Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 66.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Microsoft Corp

12.16 970,990
Technology

Amazon.com Inc

11.20 894,699
Consumer Cyclical

NVIDIA Corp

10.83 864,778
Technology

Apple Inc

10.46 835,465
Technology

Meta Platforms Inc Class A

5.24 418,325
Communication Services

AppLovin Corp Ordinary Shares - Class A

4.18 333,997
Technology

Broadcom Inc

4.07 325,377
Technology

Cash

3.75 299,525
Cash and Equivalents

Alphabet Inc Class C

3.27 260,937
Communication Services

S&P Global Inc

2.82 224,915
Financial Services

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