ARKQ vs. ALAI ETF Comparison
Comparison of ARK Autonomous Technology & Robotics ETF (ARKQ) to Alger AI Enablers & Adopters ETF (ALAI)
ARKQ
ARK Autonomous Technology & Robotics ETF
ARKQ Description
Companies within ARK Autonomous Technology & Robotics ETF are focused on and are expected to substantially benefit from the development of new products or services, technological improvements and advancements in scientific research related to, among other things, energy, automation and manufacturing, materials, and transportation. These companies may develop, produce, or enable: Autonomous Transportation Robotics and Automation 3D Printing Energy Storage Space Exploration ARKQ is an actively managed ETF that seeks long-term growth of capital by investing under normal circumstances primarily (at least 80% of its assets) in domestic and foreign equity securities of of autonomous technology and robotics companies that are relevant to the Fund’s investment theme of disruptive innovation.
Grade (RS Rating)
Last Trade
$73.16
Average Daily Volume
77,565
30
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
Performance
| Period | ARKQ | ALAI |
|---|---|---|
| 30 Days | 19.42% | 9.25% |
| 60 Days | 24.36% | 13.38% |
| 90 Days | 28.83% | 18.43% |
| 12 Months | 40.58% |
ARKQ Overweight 23 Positions Relative to ALAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| KTOS | B | 9.33% | |
| TER | D | 7.31% | |
| RKLB | B | 6.43% | |
| IRDM | D | 5.44% | |
| TRMB | B | 4.8% | |
| AVAV | D | 4.31% | |
| PLTR | B | 3.56% | |
| PATH | C | 3.26% | |
| ACHR | B | 2.95% | |
| DE | A | 2.8% | |
| BLDE | D | 2.14% | |
| JOBY | B | 1.42% | |
| SNPS | B | 1.28% | |
| AUR | C | 1.27% | |
| TDY | B | 1.27% | |
| OKLO | B | 1.2% | |
| QCOM | F | 1.19% | |
| LMT | D | 1.07% | |
| CAT | B | 0.96% | |
| DDD | C | 0.93% | |
| BWXT | B | 0.92% | |
| ANSS | B | 0.74% | |
| MTLS | B | 0.0% |
ARKQ Underweight 34 Positions Relative to ALAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| MSFT | F | -11.86% | |
| AAPL | C | -11.09% | |
| META | D | -6.72% | |
| APP | B | -4.79% | |
| AVGO | D | -4.14% | |
| SPGI | C | -2.88% | |
| VRT | B | -2.18% | |
| DKNG | B | -1.77% | |
| CEG | D | -1.69% | |
| MELI | D | -1.45% | |
| UNH | C | -1.42% | |
| EQIX | A | -1.34% | |
| NFLX | A | -1.34% | |
| ADBE | C | -1.2% | |
| NRG | B | -1.02% | |
| SPOT | B | -1.0% | |
| MU | D | -0.88% | |
| ASML | F | -0.81% | |
| SE | B | -0.8% | |
| PINS | D | -0.79% | |
| NTRA | B | -0.74% | |
| NOW | A | -0.68% | |
| 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% |
ARKQ: Top Represented Industries & Keywords
ALAI: Top Represented Industries & Keywords
Compare ETFs
