JGRO vs. ALAI ETF Comparison
Comparison of JPMorgan Active Growth ETF (JGRO) to Alger AI Enablers & Adopters ETF (ALAI)
JGRO
JPMorgan Active Growth ETF
JGRO Description
JPMorgan Active Growth ETF is an exchange traded fund launched and managed by J.P. Morgan Investment Management Inc. It invests in public equity markets of the United States. It invests directly and through derivatives in stocks of companies operating across diversified sectors. The fund uses derivatives such as futures to create its portfolio. It invests in growth stocks of large-cap companies. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund employs proprietary research to create its portfolio. JPMorgan Active Growth ETF was formed on August 8, 2022 and is domiciled in the United States.
Grade (RS Rating)
Last Trade
$80.92
Average Daily Volume
456,688
105
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 | JGRO | ALAI |
|---|---|---|
| 30 Days | 4.02% | 9.25% |
| 60 Days | 5.72% | 13.38% |
| 90 Days | 7.35% | 18.43% |
| 12 Months | 38.25% |
26 Overlapping Holdings
| Symbol | Grade | Weight in JGRO | Weight in ALAI | Overlap | |
|---|---|---|---|---|---|
| AAPL | C | 7.14% | 11.09% | 7.14% | |
| ADBE | C | 0.04% | 1.2% | 0.04% | |
| AMD | F | 0.03% | 1.01% | 0.03% | |
| AMZN | C | 6.39% | 8.81% | 6.39% | |
| APP | B | 0.22% | 4.79% | 0.22% | |
| ASML | F | 0.05% | 0.81% | 0.05% | |
| AVGO | D | 2.48% | 4.14% | 2.48% | |
| GOOG | C | 4.59% | 2.33% | 2.33% | |
| HUBS | A | 0.71% | 0.2% | 0.2% | |
| ISRG | A | 1.88% | 1.4% | 1.4% | |
| MELI | D | 0.41% | 1.45% | 0.41% | |
| META | D | 5.32% | 6.72% | 5.32% | |
| MSFT | F | 7.34% | 11.86% | 7.34% | |
| NFLX | A | 2.32% | 1.34% | 1.34% | |
| NOW | A | 1.0% | 0.68% | 0.68% | |
| NTRA | B | 0.51% | 0.74% | 0.51% | |
| NVDA | C | 10.41% | 10.98% | 10.41% | |
| PWR | A | 1.15% | 0.28% | 0.28% | |
| SHOP | B | 0.25% | 0.24% | 0.24% | |
| SPOT | B | 0.58% | 1.0% | 0.58% | |
| TSLA | B | 1.62% | 0.63% | 0.63% | |
| TSM | B | 0.74% | 2.57% | 0.74% | |
| TTD | B | 0.73% | 0.43% | 0.43% | |
| UBER | D | 0.87% | 0.47% | 0.47% | |
| UNH | C | 0.19% | 1.42% | 0.19% | |
| VRT | B | 0.68% | 2.18% | 0.68% |
JGRO Overweight 79 Positions Relative to ALAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| LLY | F | 3.1% | |
| MA | C | 2.81% | |
| ORCL | B | 1.75% | |
| BX | A | 1.22% | |
| KKR | A | 1.16% | |
| INTU | C | 1.13% | |
| TT | A | 1.07% | |
| DASH | A | 1.02% | |
| PANW | C | 1.0% | |
| GS | A | 0.95% | |
| BKNG | A | 0.94% | |
| REGN | F | 0.9% | |
| DHI | D | 0.86% | |
| ANET | C | 0.78% | |
| MMM | D | 0.72% | |
| MCK | B | 0.7% | |
| TJX | A | 0.62% | |
| SNPS | B | 0.58% | |
| IBKR | A | 0.56% | |
| KO | D | 0.55% | |
| TDG | D | 0.54% | |
| SBUX | A | 0.54% | |
| HD | A | 0.54% | |
| MCO | B | 0.51% | |
| ETN | A | 0.51% | |
| PGR | A | 0.51% | |
| BRK.A | B | 0.49% | |
| FTI | A | 0.48% | |
| ITT | A | 0.46% | |
| IBM | C | 0.46% | |
| AME | A | 0.45% | |
| CPRT | A | 0.44% | |
| TMO | F | 0.43% | |
| IR | B | 0.42% | |
| MCD | D | 0.42% | |
| GRMN | B | 0.41% | |
| LRCX | F | 0.4% | |
| EOG | A | 0.38% | |
| PYPL | B | 0.37% | |
| TEAM | A | 0.37% | |
| TTWO | A | 0.37% | |
| FICO | B | 0.36% | |
| GWW | B | 0.34% | |
| AZO | C | 0.34% | |
| BAH | F | 0.32% | |
| HUBB | B | 0.32% | |
| ENTG | D | 0.3% | |
| ON | D | 0.29% | |
| STZ | D | 0.29% | |
| APH | A | 0.29% | |
| ALNY | D | 0.28% | |
| TER | D | 0.27% | |
| JBHT | C | 0.26% | |
| ABT | B | 0.26% | |
| CRWD | B | 0.24% | |
| ELF | C | 0.24% | |
| MDB | C | 0.24% | |
| HLT | A | 0.23% | |
| EXP | A | 0.23% | |
| GEV | B | 0.22% | |
| ITCI | C | 0.22% | |
| CRM | B | 0.22% | |
| POOL | C | 0.2% | |
| SAIA | B | 0.19% | |
| COP | C | 0.19% | |
| MTD | D | 0.16% | |
| IQV | D | 0.15% | |
| SNOW | C | 0.15% | |
| AL | B | 0.15% | |
| CMG | B | 0.13% | |
| BABA | D | 0.12% | |
| EXAS | D | 0.11% | |
| LNG | B | 0.08% | |
| EW | C | 0.08% | |
| CELH | F | 0.07% | |
| MNST | C | 0.06% | |
| SQ | B | 0.06% | |
| FCX | D | 0.05% | |
| ABNB | C | 0.02% |
JGRO: Top Represented Industries & Keywords
ALAI: Top Represented Industries & Keywords
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