ALAI vs. QCLR ETF Comparison
Comparison of Alger AI Enablers & Adopters ETF (ALAI) to Global X NASDAQ 100 Collar 95-110 ETF (QCLR)
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
QCLR
Global X NASDAQ 100 Collar 95-110 ETF
QCLR Description
Global X Funds - Global X NASDAQ 100 Collar 95-110 ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the public equity markets of the United States. It takes long and short positions to invest directly and through derivatives such as options in stocks of companies operating across non-financial companies sectors. The fund invests in growth and value stocks of large-cap companies. It seeks to track the performance of the Nasdaq-100 Quarterly Collar 95-110 Index, by using full replication technique. Global X Funds - Global X NASDAQ 100 Collar 95-110 ETF was formed on August 25, 2021 and is domiciled in the United States.Grade (RS Rating)
Last Trade
$31.18
Average Daily Volume
240
101
Performance
| Period | ALAI | QCLR |
|---|---|---|
| 30 Days | 9.25% | 2.84% |
| 60 Days | 13.38% | 3.92% |
| 90 Days | 18.43% | 4.04% |
| 12 Months | 23.87% |
19 Overlapping Holdings
| Symbol | Grade | Weight in ALAI | Weight in QCLR | Overlap | |
|---|---|---|---|---|---|
| AAPL | C | 11.09% | 8.54% | 8.54% | |
| ADBE | C | 1.2% | 1.5% | 1.2% | |
| AMD | F | 1.01% | 1.42% | 1.01% | |
| AMZN | C | 8.81% | 5.46% | 5.46% | |
| ASML | F | 0.81% | 0.41% | 0.41% | |
| AVGO | D | 4.14% | 5.02% | 4.14% | |
| CDNS | B | 0.56% | 0.52% | 0.52% | |
| CEG | D | 1.69% | 0.46% | 0.46% | |
| GOOG | C | 2.33% | 2.43% | 2.33% | |
| ISRG | A | 1.4% | 1.21% | 1.21% | |
| MELI | D | 1.45% | 0.6% | 0.6% | |
| META | D | 6.72% | 4.93% | 4.93% | |
| MRVL | B | 0.48% | 0.49% | 0.48% | |
| MSFT | F | 11.86% | 7.79% | 7.79% | |
| MU | D | 0.88% | 0.69% | 0.69% | |
| NFLX | A | 1.34% | 2.28% | 1.34% | |
| NVDA | C | 10.98% | 8.86% | 8.86% | |
| TSLA | B | 0.63% | 3.7% | 0.63% | |
| TTD | B | 0.43% | 0.36% | 0.36% |
ALAI Overweight 22 Positions Relative to QCLR
ALAI Underweight 82 Positions Relative to QCLR
| Symbol | Grade | Weight | |
|---|---|---|---|
| COST | B | -2.61% | |
| GOOGL | C | -2.53% | |
| TMUS | B | -1.76% | |
| CSCO | B | -1.48% | |
| PEP | F | -1.44% | |
| LIN | D | -1.38% | |
| INTU | C | -1.23% | |
| TXN | C | -1.19% | |
| QCOM | F | -1.15% | |
| BKNG | A | -1.06% | |
| CMCSA | B | -1.06% | |
| AMGN | D | -1.01% | |
| AMAT | F | -0.98% | |
| HON | B | -0.96% | |
| PANW | C | -0.82% | |
| VRTX | F | -0.8% | |
| ADP | B | -0.79% | |
| SBUX | A | -0.72% | |
| GILD | C | -0.72% | |
| INTC | D | -0.68% | |
| ADI | D | -0.67% | |
| LRCX | F | -0.61% | |
| CTAS | B | -0.56% | |
| MDLZ | F | -0.56% | |
| KLAC | D | -0.55% | |
| PYPL | B | -0.55% | |
| REGN | F | -0.54% | |
| SNPS | B | -0.53% | |
| MAR | B | -0.51% | |
| CRWD | B | -0.5% | |
| PDD | F | -0.47% | |
| ORLY | B | -0.46% | |
| FTNT | C | -0.45% | |
| CSX | B | -0.44% | |
| DASH | A | -0.42% | |
| ADSK | A | -0.41% | |
| ROP | B | -0.39% | |
| PCAR | B | -0.38% | |
| NXPI | D | -0.37% | |
| ABNB | C | -0.37% | |
| CHTR | C | -0.36% | |
| WDAY | B | -0.36% | |
| CPRT | A | -0.35% | |
| FANG | D | -0.34% | |
| MNST | C | -0.34% | |
| PAYX | C | -0.33% | |
| AEP | D | -0.32% | |
| ODFL | B | -0.31% | |
| ROST | C | -0.3% | |
| FAST | B | -0.29% | |
| KDP | D | -0.28% | |
| BKR | B | -0.27% | |
| EA | A | -0.27% | |
| VRSK | A | -0.26% | |
| LULU | C | -0.25% | |
| CTSH | B | -0.25% | |
| DDOG | A | -0.25% | |
| TEAM | A | -0.25% | |
| AZN | D | -0.24% | |
| GEHC | F | -0.24% | |
| KHC | F | -0.24% | |
| EXC | C | -0.24% | |
| XEL | A | -0.24% | |
| IDXX | F | -0.23% | |
| CCEP | C | -0.23% | |
| MCHP | D | -0.22% | |
| ZS | C | -0.2% | |
| DXCM | D | -0.19% | |
| CSGP | D | -0.19% | |
| TTWO | A | -0.19% | |
| ON | D | -0.18% | |
| ANSS | B | -0.18% | |
| GFS | C | -0.15% | |
| WBD | C | -0.15% | |
| BIIB | F | -0.15% | |
| CDW | F | -0.15% | |
| ILMN | D | -0.14% | |
| MDB | C | -0.14% | |
| MRNA | F | -0.1% | |
| ARM | D | -0.1% | |
| DLTR | F | -0.09% | |
| SMCI | F | -0.07% |
ALAI: Top Represented Industries & Keywords
QCLR: Top Represented Industries & Keywords
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