NXTG vs. ALAI ETF Comparison

Comparison of First Trust IndXX NextG ETF (NXTG) to Alger AI Enablers & Adopters ETF (ALAI)
NXTG

First Trust IndXX NextG ETF

NXTG Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Indxx 5G & NextG Thematic Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index. The index is designed to track the performance of companies that have devoted, or have committed to devote, material resources to the research, development and application of fifth generation ("5G") and next generation digital cellular technologies as they emerge.

Grade (RS Rating)

Last Trade

$85.15

Average Daily Volume

5,793

Number of Holdings *

41

* may have additional holdings in another (foreign) market
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

Number of Holdings *

41

* may have additional holdings in another (foreign) market
Performance
Period NXTG ALAI
30 Days -1.58% 9.25%
60 Days -1.77% 13.38%
90 Days -0.28% 18.43%
12 Months 20.73%
9 Overlapping Holdings
Symbol Grade Weight in NXTG Weight in ALAI Overlap
AAPL C 1.29% 11.09% 1.29%
AMD F 1.04% 1.01% 1.01%
AVGO D 1.37% 4.14% 1.37%
DLR B 1.44% 0.45% 0.45%
EQIX A 1.42% 1.34% 1.34%
MRVL B 1.49% 0.48% 0.48%
MU D 0.85% 0.88% 0.85%
NVDA C 1.41% 10.98% 1.41%
TSM B 1.31% 2.57% 1.31%
NXTG Overweight 32 Positions Relative to ALAI
Symbol Grade Weight
FFIV B 1.74%
CIEN B 1.72%
MSI B 1.57%
CSCO B 1.53%
IBM C 1.49%
ANET C 1.49%
WIT A 1.47%
INFY B 1.47%
NOK D 1.42%
DOX D 1.35%
KEYS A 1.34%
SBAC D 1.34%
SONY B 1.32%
JNPR F 1.3%
CCI D 1.24%
HPE B 1.23%
AMT D 1.21%
ADI D 1.07%
SWKS F 0.99%
INTC D 0.98%
UMC F 0.98%
NXPI D 0.95%
QCOM F 0.92%
MCHP D 0.84%
TMUS B 0.73%
QRVO F 0.73%
T A 0.68%
KT A 0.61%
SKM D 0.58%
VIV F 0.58%
VZ C 0.55%
CHT D 0.51%
NXTG Underweight 32 Positions Relative to ALAI
Symbol Grade Weight
MSFT F -11.86%
AMZN C -8.81%
META D -6.72%
APP B -4.79%
SPGI C -2.88%
GOOG C -2.33%
VRT B -2.18%
DKNG B -1.77%
CEG D -1.69%
MELI D -1.45%
UNH C -1.42%
ISRG A -1.4%
NFLX A -1.34%
ADBE C -1.2%
NRG B -1.02%
SPOT B -1.0%
ASML F -0.81%
SE B -0.8%
PINS D -0.79%
NTRA B -0.74%
NOW A -0.68%
TSLA B -0.63%
DELL C -0.58%
CDNS B -0.56%
UBER D -0.47%
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%
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