MOTE vs. ALAI ETF Comparison
Comparison of VanEck Morningstar ESG Moat ETF (MOTE) to Alger AI Enablers & Adopters ETF (ALAI)
MOTE
VanEck Morningstar ESG Moat ETF
MOTE Description
VanEck Morningstar ESG Moat ETF is an exchange traded fund launched and managed by Van Eck Associates Corporation. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund seeks to track the performance of the Morningstar US Sustainability Moat Focus Index. The fund was formed on October 5, 2021 and is domiciled in the United States.
Grade (RS Rating)
Last Trade
$28.83
Average Daily Volume
340
61
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
41
Performance
| Period | MOTE | ALAI |
|---|---|---|
| 30 Days | 0.38% | 3.23% |
| 60 Days | 4.44% | 18.48% |
| 90 Days | 9.96% | 23.73% |
| 12 Months | 27.56% |
MOTE Overweight 58 Positions Relative to ALAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| TRU | C | 3.25% | |
| ALLE | D | 2.91% | |
| TYL | B | 2.86% | |
| ICE | C | 2.81% | |
| MAS | C | 2.77% | |
| ADSK | A | 2.67% | |
| NTRS | B | 2.51% | |
| EFX | D | 2.49% | |
| EMR | A | 2.46% | |
| VEEV | C | 2.42% | |
| CME | B | 2.41% | |
| TMO | D | 2.38% | |
| CMCSA | B | 2.33% | |
| PEP | F | 2.31% | |
| GOOGL | B | 2.26% | |
| YUM | C | 2.18% | |
| DIS | C | 2.17% | |
| STZ | F | 2.09% | |
| AXP | B | 1.86% | |
| BK | A | 1.69% | |
| FTNT | C | 1.56% | |
| STT | A | 1.43% | |
| USB | B | 1.42% | |
| LOW | B | 1.39% | |
| CRM | B | 1.37% | |
| TER | F | 1.35% | |
| ECL | D | 1.32% | |
| PANW | B | 1.31% | |
| MA | B | 1.29% | |
| JKHY | A | 1.29% | |
| APD | B | 1.29% | |
| LNG | A | 1.28% | |
| WAT | A | 1.28% | |
| WDAY | D | 1.28% | |
| OTIS | B | 1.26% | |
| ADI | C | 1.26% | |
| CSCO | A | 1.23% | |
| HOG | F | 1.21% | |
| IFF | D | 1.2% | |
| AMGN | D | 1.19% | |
| SYY | C | 1.18% | |
| KLAC | F | 1.18% | |
| AMAT | F | 1.17% | |
| CLX | C | 1.17% | |
| A | C | 1.15% | |
| MDT | B | 1.14% | |
| MKTX | B | 1.12% | |
| GILD | A | 1.12% | |
| CSGP | D | 1.12% | |
| CSX | D | 1.12% | |
| TROW | B | 1.06% | |
| MDLZ | F | 1.05% | |
| ROP | F | 1.02% | |
| SBUX | B | 1.01% | |
| ZBH | D | 0.99% | |
| ROK | C | 0.98% | |
| VRSN | F | 0.85% | |
| NKE | F | 0.74% |
MOTE Underweight 38 Positions Relative to ALAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| AAPL | C | -11.09% | |
| NVDA | B | -10.98% | |
| AMZN | A | -8.81% | |
| META | B | -6.72% | |
| 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% | |
| MELI | C | -1.45% | |
| UNH | D | -1.42% | |
| ISRG | A | -1.4% | |
| EQIX | B | -1.34% | |
| NFLX | A | -1.34% | |
| NRG | B | -1.02% | |
| AMD | F | -1.01% | |
| SPOT | B | -1.0% | |
| MU | C | -0.88% | |
| ASML | F | -0.81% | |
| SE | B | -0.8% | |
| PINS | C | -0.79% | |
| NTRA | C | -0.74% | |
| TSLA | B | -0.63% | |
| 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% | |
| SHOP | B | -0.24% | |
| JPM | B | -0.22% | |
| HUBS | B | -0.2% |
MOTE: Top Represented Industries & Keywords
ALAI: Top Represented Industries & Keywords
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