ALAI vs. JDOC ETF Comparison
Comparison of Alger AI Enablers & Adopters ETF (ALAI) to JPMorgan Healthcare Leaders ETF (JDOC)
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
JDOC
JPMorgan Healthcare Leaders ETF
JDOC Description
The fund will invest primarily in equity securities issued by pharmaceutical, biotechnology, healthcare services, healthcare technology, medical technology and life sciences companies which the adviser believes are leaders and where the magnitude and/or duration of future growth for these companies is underappreciated by the market. Under normal circumstances, the fund invests at least 80% of its assets in the equity securities of healthcare companies.Grade (RS Rating)
Last Trade
$55.98
Average Daily Volume
613
44
Performance
| Period | ALAI | JDOC |
|---|---|---|
| 30 Days | 9.25% | -5.08% |
| 60 Days | 13.38% | -8.36% |
| 90 Days | 18.43% | -11.27% |
| 12 Months | 10.60% |
ALAI Overweight 38 Positions Relative to JDOC
| Symbol | Grade | Weight | |
|---|---|---|---|
| MSFT | F | 11.86% | |
| AAPL | C | 11.09% | |
| NVDA | C | 10.98% | |
| 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% | |
| VRT | B | 2.18% | |
| DKNG | B | 1.77% | |
| CEG | D | 1.69% | |
| MELI | D | 1.45% | |
| EQIX | A | 1.34% | |
| NFLX | A | 1.34% | |
| ADBE | C | 1.2% | |
| NRG | B | 1.02% | |
| AMD | F | 1.01% | |
| SPOT | B | 1.0% | |
| MU | D | 0.88% | |
| ASML | F | 0.81% | |
| SE | B | 0.8% | |
| PINS | D | 0.79% | |
| NOW | A | 0.68% | |
| TSLA | B | 0.63% | |
| DELL | C | 0.58% | |
| CDNS | B | 0.56% | |
| MRVL | B | 0.48% | |
| UBER | D | 0.47% | |
| DLR | B | 0.45% | |
| TTD | B | 0.43% | |
| WMT | A | 0.31% | |
| PWR | A | 0.28% | |
| NEE | D | 0.27% | |
| SHOP | B | 0.24% | |
| JPM | A | 0.22% | |
| HUBS | A | 0.2% |
ALAI Underweight 41 Positions Relative to JDOC
| Symbol | Grade | Weight | |
|---|---|---|---|
| LLY | F | -8.8% | |
| TMO | F | -4.58% | |
| ABBV | D | -4.17% | |
| DHR | F | -3.86% | |
| BSX | B | -3.46% | |
| REGN | F | -3.18% | |
| MCK | B | -2.94% | |
| SYK | C | -2.77% | |
| BMY | B | -2.76% | |
| VRTX | F | -2.69% | |
| MDT | D | -2.54% | |
| CI | F | -2.46% | |
| JNJ | D | -2.36% | |
| HCA | F | -1.62% | |
| MRK | F | -1.6% | |
| IQV | D | -1.19% | |
| WST | C | -1.0% | |
| EXAS | D | -0.9% | |
| CNC | D | -0.83% | |
| DXCM | D | -0.81% | |
| AGIO | C | -0.79% | |
| HALO | F | -0.78% | |
| ITCI | C | -0.77% | |
| NBIX | C | -0.76% | |
| AMGN | D | -0.71% | |
| INSP | D | -0.69% | |
| HUM | C | -0.69% | |
| BPMC | C | -0.6% | |
| SRPT | D | -0.59% | |
| RVMD | C | -0.56% | |
| NVS | D | -0.55% | |
| BMRN | D | -0.55% | |
| TWST | D | -0.52% | |
| BIIB | F | -0.46% | |
| IRTC | D | -0.42% | |
| ACHC | F | -0.41% | |
| ALNY | D | -0.38% | |
| APLS | D | -0.33% | |
| ARVN | D | -0.28% | |
| EVH | F | -0.26% | |
| IDXX | F | -0.2% |
ALAI: Top Represented Industries & Keywords
JDOC: Top Represented Industries & Keywords
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