ALAI vs. THNQ ETF Comparison

Comparison of Alger AI Enablers & Adopters ETF (ALAI) to ROBO Global Artificial Intelligence ETF (THNQ)

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

$24.24

Average Daily Volume

4,920

Number of Holdings ^*

* may have additional holdings in another (foreign) market

THNQ

ROBO Global Artificial Intelligence ETF

THNQ Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the ROBO Global® Artificial Intelligence Index. The fund will normally invest at least 80% of its total assets in securities of the index or in depositary receipts representing securities of the index. The index is designed to measure the performance of publicly-traded companies that have a significant portion of their revenue derived from the field of artificial intelligence. It is non-diversified.

Grade (RS Rating)

Last Trade

$46.50

Average Daily Volume

11,933

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ALAI	THNQ
30 Days	3.23%	-0.25%
60 Days	18.48%	11.11%
90 Days	23.73%	14.75%
12 Months		34.94%

13 Overlapping Holdings

Symbol	Grade	Weight in ALAI	Weight in THNQ	Overlap
ADBE	D	1.2%	1.24%	1.2%
AMD	F	1.01%	2.29%	1.01%
AMZN	A	8.81%	1.88%	1.88%
ASML	F	0.81%	1.8%	0.81%
HUBS	B	0.2%	1.9%	0.2%
MELI	C	1.45%	1.54%	1.45%
META	B	6.72%	1.84%	1.84%
MSFT	D	11.86%	2.28%	2.28%
NOW	A	0.68%	1.65%	0.68%
NVDA	B	10.98%	2.95%	2.95%
SHOP	B	0.24%	2.01%	0.24%
SPOT	B	1.0%	1.64%	1.0%
TSLA	B	0.63%	1.68%	0.63%

ALAI Overweight 28 Positions Relative to THNQ

Symbol	Grade	Weight
AAPL	C	11.09%
APP	B	4.79%
AVGO	B	4.14%
SPGI	D	2.88%
TSM	B	2.57%
GOOG	B	2.33%
VRT	B	2.18%
DKNG	D	1.77%
CEG	C	1.69%
UNH	D	1.42%
ISRG	A	1.4%
EQIX	B	1.34%
NFLX	A	1.34%
NRG	B	1.02%
MU	C	0.88%
SE	B	0.8%
PINS	C	0.79%
NTRA	C	0.74%
DELL	B	0.58%
CDNS	B	0.56%
MRVL	A	0.48%
UBER	C	0.47%
DLR	B	0.45%
TTD	B	0.43%
WMT	A	0.31%
PWR	A	0.28%
NEE	D	0.27%
JPM	B	0.22%

ALAI Underweight 35 Positions Relative to THNQ

Symbol	Grade	Weight
JD	C	-2.48%
NET	C	-2.39%
CRWD	C	-2.3%
PANW	B	-2.3%
ANET	B	-2.28%
BABA	B	-2.26%
AMBA	C	-2.26%
PSTG	D	-2.25%
ADSK	A	-2.19%
IOT	B	-2.18%
ADI	C	-2.18%
DDOG	B	-2.15%
GOOGL	B	-1.98%
RPD	C	-1.92%
LRCX	F	-1.87%
QCOM	F	-1.86%
CGNX	C	-1.84%
SNOW	C	-1.81%
ILMN	A	-1.79%
FROG	C	-1.73%
IBM	D	-1.72%
ESTC	C	-1.57%
VCYT	A	-1.54%
NTNX	B	-1.54%
CYBR	C	-1.53%
VRNS	D	-1.52%
MDB	F	-1.49%
BKNG	A	-1.48%
TER	F	-1.36%
FICO	B	-1.34%
FI	A	-1.34%
VRSK	B	-1.33%
CSGP	D	-1.28%
INTU	D	-1.19%
VEEV	C	-1.15%