CNEQ vs. JIG ETF Comparison
Comparison of Alger Concentrated Equity ETF (CNEQ) to JPMorgan International Growth ETF (JIG)
CNEQ
Alger Concentrated Equity ETF
CNEQ Description
CNEQ is actively managed, investing in large-cap companies on U.S. exchanges that have a promising growth potential. At least 25% of the total assets go into related industries like software and technology hardware, semiconductors, IT services, electronic devices, retail and communication industries. The fund may invest more than 25% of total assets get invested in a single industry. A significant portion may be dedicated to enterprises within a sector, like Information Technology and Communication Services. The portfolio generally comprises no more than 30 holdings, often selling when a stock reaches its target price. The Fund also invests in cash and cash equivalents during market volatility or in the absence of viable long-term investment options. This cash holding is not expected to exceed 15% of net assets.
Grade (RS Rating)
Last Trade
$25.51
Average Daily Volume
3,734
25
JIG
JPMorgan International Growth ETF
JIG Description
The investment seeks long-term capital appreciation. The fund primarily invests in equity securities of foreign companies. It will generally invest in companies located in at least three foreign countries, although it may invest a substantial portion of its assets in just one foreign country. The fund may invest in issuers located in both developed foreign and emerging market countries. The equity securities in which it may invest include, but are not limited to, common stock, preferred stock, trust or partnership interests, depositary receipts and warrants and rights.Grade (RS Rating)
Last Trade
$64.36
Average Daily Volume
8,575
8
Performance
| Period | CNEQ | JIG |
|---|---|---|
| 30 Days | 6.39% | -1.55% |
| 60 Days | 11.26% | -3.35% |
| 90 Days | 15.00% | -3.41% |
| 12 Months | 13.99% |
CNEQ Overweight 23 Positions Relative to JIG
| Symbol | Grade | Weight | |
|---|---|---|---|
| MSFT | F | 13.34% | |
| NVDA | C | 13.04% | |
| AAPL | C | 8.58% | |
| AMZN | C | 8.1% | |
| META | D | 6.47% | |
| HEI | B | 3.71% | |
| APP | B | 3.29% | |
| AVGO | D | 3.17% | |
| DHR | F | 2.35% | |
| LLY | F | 2.28% | |
| ISRG | A | 2.19% | |
| VRT | B | 2.15% | |
| V | A | 2.15% | |
| SPGI | C | 2.14% | |
| NFLX | A | 2.0% | |
| GOOG | C | 1.98% | |
| CDNS | B | 1.9% | |
| CEG | D | 1.76% | |
| NTRA | B | 1.52% | |
| MU | D | 1.27% | |
| TSLA | B | 1.1% | |
| UNH | C | 0.99% | |
| ASML | F | 0.93% |
CNEQ: Top Represented Industries & Keywords
JIG: Top Represented Industries & Keywords
Compare ETFs
