ALAI - ETF AI Analysis
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Alger AI Enablers & Adopters ETF (ALAI)
ALAI’s rating reflects a solid but not top-tier profile, driven by heavyweight positions in leading AI and cloud names like Nvidia, Microsoft, Alphabet, and TSMC, whose strong financial performance and strategic focus on AI and data centers support the fund’s quality. However, weaker holdings such as Nebius Group, which faces revenue and cash flow challenges and appears overvalued, along with several stocks trading at high valuations, introduce risk, and the fund’s concentration in AI and semiconductor-related companies means it is sensitive to swings in that sector.
ALAI vs. SPDR S&P 500 ETF (SPY)
- AUM
- 2.06B
- Region
- Global
- Expense Ratio
- 0.58%
- Beta
- 1.64
- Issuer
- Alger
- Inception Date
- Apr 05, 2024
- Dividend Yield
- 1.40%
- Asset Class
- Equity
- Index Tracked
- No Underlying Index
ALAI Summary
Alger AI Enablers & Adopters ETF (ALAI) is a fund focused on the theme of Robotics & AI, investing in companies that build artificial intelligence technology or use it to improve their businesses. It mainly holds U.S. tech and communication firms, including well-known names like Nvidia and Microsoft, along with other AI-focused companies. Someone might invest in ALAI to tap into potential long-term growth from the spread of AI across many industries and to get diversified exposure to leading AI players in one investment. A key risk is that it is heavily concentrated in technology and AI-related stocks, so its price can rise and fall sharply with changes in the tech sector.
How much will it cost me?
This ETF has an expense ratio of 0.58%, which means you’ll pay about $5.80 per year for every $1,000 you invest. That’s higher than the average ETF because it’s actively managed and focuses on a specialized AI and robotics theme, which typically costs more to run than broad, passive index funds.
What would affect this ETF?
This global AI and robotics ETF is heavily invested in major technology and communication companies like Nvidia, Microsoft, Amazon, and Alphabet, so it could benefit if demand for AI chips, cloud services, and digital advertising keeps growing and if businesses continue to adopt AI across sectors. On the downside, it may be hurt by higher interest rates that pressure growth stocks, economic slowdowns that reduce tech spending, or new regulations on data, AI, and large tech platforms that could limit profits or increase costs.
ALAI Top 10 Holdings
ALAI is essentially an AI power grid, with Nvidia, Microsoft, and TSMC doing most of the heavy lifting. Nvidia has cooled off in the past month but remains a key engine for longer-term gains, while Microsoft and Amazon are steadily adding fuel through cloud and AI growth. TSMC and Micron give the fund a strong semiconductor backbone, though Alphabet and Meta have been more mixed lately and can sap some momentum. Overall, it’s a tech-heavy, globally focused bet on AI chips and cloud infrastructure, with a few high‑flying names amplifying both upside and volatility.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 NVDA | Nvidia | 11.50% | $175.86M | $4.50T | -0.77% | 76Outperform |
 MSFT | Microsoft | 9.89% | $151.30M | $3.94T | 6.74% | 79Outperform |
 TSM | TSMC | 5.20% | $79.58M | $1.69T | 29.80% | 81Outperform |
 AMZN | Amazon | 5.23% | $80.07M | $2.80T | 6.69% | 71Outperform |
 META | Meta Platforms | 3.67% | $56.16M | $1.56T | -1.42% | 76Outperform |
 GOOG | Alphabet Class C | 3.74% | $57.19M | $3.48T | -0.49% | 82Outperform |
 AVGO | Broadcom | 3.22% | $49.22M | $1.40T | -17.41% | 76Outperform |
 NBIS | Nebius Group | 2.84% | $43.50M | $35.20B | 18.32% | 46Neutral |
 TSLA | Tesla | 2.31% | $35.37M | $1.42T | -19.67% | 73Outperform |
 TLN | Talen Energy Corp | 2.84% | $43.42M | $14.73B | -12.25% | 60Neutral |
ALAI Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For ALAI, the sentiment is Negative. The current price of 38.70 is below the 20-day moving average (MA) of 42.75, below the 50-day MA of 44.66, and below the 200-day MA of 41.23, indicating a bearish trend. The MACD of -1.61 indicates Positive momentum. The RSI at 31.73 is Neutral, neither overbought nor oversold. The STOCH value of 12.08 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ALAI.
ALAI Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| ALAI | $38.70 | $47.00(21.45% Upside) | $2.06B | 0.58% | 67Neutral |
 FWD | $110.66 | $156.12(41.08% Upside) | $2.88B | 0.65% | 64Neutral |
 BKGI | $42.51 | $47.90(12.68% Upside) | $1.96B | 0.55% | 67Neutral |
 ARKG | $45.45 | $67.52(48.57% Upside) | $1.93B | 0.75% | 53Neutral |
 ARKQ | $104.80 | $174.32(66.33% Upside) | $1.56B | 0.75% | 62Neutral |
 CHAT | $67.56 | $110.66(63.80% Upside) | $1.39B | 0.75% | 61Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| ALAI | Alger AI Enablers & Adopters ETF | 38.70 | 1.44 | 3.86% | |
| FWD | AB Disruptors ETF | 110.66 | 2.89 | 2.68% | |
| BKGI | BNY Mellon Global Infrastructure Income ETF | 42.51 | 3.37 | 8.61% | |
| ARKG | ARK Genomic Revolution ETF | 45.45 | 16.94 | 59.42% | |
| ARKQ | ARK Autonomous Technology & Robotics ETF | 104.80 | -11.37 | -9.79% | |
| CHAT | Roundhill Generative AI & Technology ETF | 67.56 | 5.02 | 8.03% |
This 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.