ALAI vs. FFLS ETF Comparison
Comparison of Alger AI Enablers & Adopters ETF (ALAI) to The Future Fund Long/Short ETF (FFLS)
ALAI
Alger AI Enablers & Adopters ETF
ALAI Description
ALAI focuses on equity securities of firms benefiting from artificial intelligence (AI), targeting both AI Enablersthose developing components for and investing in AI infrastructureand AI Adoptersthose integrating AI to enhance their operations. The fund manager employs fundamental research to select securities, considering factors like revenue, resources devoted to AI, and market share estimates. This process assesses a firms involvement with AI and its potential impact on stock performance in the next one to three years. Additionally, ALAI actively seeks companies experiencing Positive Dynamic Change, or those demonstrating high unit volume growth or significant lifecycle shifts. Investments span all market capitalizations, with at least 25% in AI-related industries like technology, retail, and media. The fund may also include foreign securities and hold cash or equivalents during market volatility or when awaiting investment opportunities. ALAI aims to identify firms at the forefront of AI adoption, striving for sustainable long-term growth.
Grade (RS Rating)
Last Trade
$26.10
Average Daily Volume
10,268
41
FFLS
The Future Fund Long/Short ETF
FFLS Description
Under normal conditions, the fund, which is an actively managed exchange traded fund or "ETF", will invest at least 80% of its assets in long and short positions in U.S. exchange-listed equity securities and American Depositary Receipts (ADRs). The fund may invest in the equity securities of companies of any market capitalization although the fund will primarily invest (at least 65% of its assets) in mid and large capitalization companies (companies with market capitalizations in excess of $2 billion). The fund is non-diversified.Grade (RS Rating)
Last Trade
$23.89
Average Daily Volume
4,625
49
Performance
| Period | ALAI | FFLS |
|---|---|---|
| 30 Days | 9.25% | 3.25% |
| 60 Days | 13.38% | 6.04% |
| 90 Days | 18.43% | 4.48% |
| 12 Months | 20.30% |
ALAI Overweight 32 Positions Relative to FFLS
| Symbol | Grade | Weight | |
|---|---|---|---|
| MSFT | F | 11.86% | |
| AAPL | C | 11.09% | |
| AMZN | C | 8.81% | |
| META | D | 6.72% | |
| APP | B | 4.79% | |
| AVGO | D | 4.14% | |
| SPGI | C | 2.88% | |
| TSM | B | 2.57% | |
| GOOG | C | 2.33% | |
| CEG | D | 1.69% | |
| MELI | D | 1.45% | |
| UNH | C | 1.42% | |
| EQIX | A | 1.34% | |
| ADBE | C | 1.2% | |
| NRG | B | 1.02% | |
| SPOT | B | 1.0% | |
| ASML | F | 0.81% | |
| SE | B | 0.8% | |
| PINS | D | 0.79% | |
| NTRA | B | 0.74% | |
| NOW | A | 0.68% | |
| TSLA | B | 0.63% | |
| DELL | C | 0.58% | |
| CDNS | B | 0.56% | |
| MRVL | B | 0.48% | |
| DLR | B | 0.45% | |
| TTD | B | 0.43% | |
| WMT | A | 0.31% | |
| NEE | D | 0.27% | |
| SHOP | B | 0.24% | |
| JPM | A | 0.22% | |
| HUBS | A | 0.2% |
ALAI Underweight 40 Positions Relative to FFLS
| Symbol | Grade | Weight | |
|---|---|---|---|
| GOOGL | C | -6.34% | |
| CRM | B | -4.74% | |
| LPLA | A | -4.05% | |
| DASH | A | -3.88% | |
| FTI | A | -3.32% | |
| ERJ | B | -3.29% | |
| GTLB | B | -3.21% | |
| LLY | F | -3.14% | |
| PANW | C | -2.98% | |
| ABNB | C | -2.88% | |
| DDOG | A | -2.84% | |
| EW | C | -2.79% | |
| GLW | B | -2.41% | |
| GTLS | B | -2.24% | |
| FND | C | -2.13% | |
| VRTX | F | -1.95% | |
| YETI | C | -1.85% | |
| GPRE | F | -1.8% | |
| BABA | D | -1.68% | |
| JD | D | -1.53% | |
| HALO | F | -1.15% | |
| ONON | A | -1.06% | |
| KTOS | B | -1.04% | |
| CELH | F | -0.96% | |
| GLOB | B | -0.88% | |
| AFRM | B | --0.72% | |
| ACHC | F | --1.07% | |
| CRL | C | --1.08% | |
| RH | B | --1.38% | |
| APH | A | --1.71% | |
| MEDP | D | --1.78% | |
| ROL | B | --1.83% | |
| ON | D | --2.01% | |
| HRB | D | --2.37% | |
| NXPI | D | --2.54% | |
| FAST | B | --2.83% | |
| PVH | C | --2.91% | |
| URI | B | --3.13% | |
| FICO | B | --3.28% | |
| COIN | C | --3.76% |
ALAI: Top Represented Industries & Keywords
FFLS: Top Represented Industries & Keywords
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