QRFT vs. ALAI ETF Comparison
Comparison of QRAFT AI-Enhanced U.S. Large Cap ETF (QRFT) to Alger AI Enablers & Adopters ETF (ALAI)
QRFT
QRAFT AI-Enhanced U.S. Large Cap ETF
QRFT Description
The investment seeks to provide total return. The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective, under normal circumstances, by obtaining investment exposure to an actively managed portfolio consisting of equity securities of cryptocurrency-related and other blockchain technology-related companies. It may invest indirectly in bitcoin exclusively through investments in the Bitcoin Investment Trust ("GBTC"), a privately offered, open-end investment vehicle. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$54.55
Average Daily Volume
3,059
Number of Holdings
*
340
* 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 | QRFT | ALAI |
|---|---|---|
| 30 Days | 2.53% | 9.25% |
| 60 Days | 2.81% | 13.38% |
| 90 Days | 4.30% | 18.43% |
| 12 Months | 31.73% |
29 Overlapping Holdings
| Symbol | Grade | Weight in QRFT | Weight in ALAI | Overlap | |
|---|---|---|---|---|---|
| AAPL | C | 9.44% | 11.09% | 9.44% | |
| ADBE | C | 0.82% | 1.2% | 0.82% | |
| AMD | F | 0.9% | 1.01% | 0.9% | |
| AMZN | C | 4.91% | 8.81% | 4.91% | |
| APP | B | 0.05% | 4.79% | 0.05% | |
| AVGO | D | 2.79% | 4.14% | 2.79% | |
| CDNS | B | 0.3% | 0.56% | 0.3% | |
| DELL | C | 0.11% | 0.58% | 0.11% | |
| DKNG | B | 0.1% | 1.77% | 0.1% | |
| HUBS | A | 0.08% | 0.2% | 0.08% | |
| ISRG | A | 0.08% | 1.4% | 0.08% | |
| MELI | D | 0.31% | 1.45% | 0.31% | |
| META | D | 3.83% | 6.72% | 3.83% | |
| MRVL | B | 0.19% | 0.48% | 0.19% | |
| MSFT | F | 9.23% | 11.86% | 9.23% | |
| MU | D | 0.59% | 0.88% | 0.59% | |
| NEE | D | 0.07% | 0.27% | 0.07% | |
| NFLX | A | 1.0% | 1.34% | 1.0% | |
| NOW | A | 0.52% | 0.68% | 0.52% | |
| NRG | B | 0.09% | 1.02% | 0.09% | |
| NVDA | C | 0.81% | 10.98% | 0.81% | |
| PINS | D | 0.06% | 0.79% | 0.06% | |
| SHOP | B | 0.29% | 0.24% | 0.24% | |
| SPGI | C | 0.07% | 2.88% | 0.07% | |
| SPOT | B | 0.19% | 1.0% | 0.19% | |
| TSLA | B | 0.12% | 0.63% | 0.12% | |
| UBER | D | 0.51% | 0.47% | 0.47% | |
| UNH | C | 0.09% | 1.42% | 0.09% | |
| WMT | A | 1.74% | 0.31% | 0.31% |
QRFT Overweight 311 Positions Relative to ALAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| GOOGL | C | 6.03% | |
| LLY | F | 2.9% | |
| MA | C | 1.42% | |
| ORCL | B | 1.37% | |
| PG | A | 1.37% | |
| JNJ | D | 1.26% | |
| MRK | F | 1.14% | |
| ABBV | D | 1.03% | |
| QCOM | F | 0.84% | |
| PEP | F | 0.82% | |
| CRM | B | 0.82% | |
| TMO | F | 0.8% | |
| AMAT | F | 0.72% | |
| CSCO | B | 0.64% | |
| ABT | B | 0.63% | |
| ACN | C | 0.63% | |
| CAT | B | 0.59% | |
| GE | D | 0.59% | |
| INTU | C | 0.58% | |
| AMGN | D | 0.56% | |
| PM | B | 0.55% | |
| IBM | C | 0.54% | |
| PFE | D | 0.5% | |
| CMCSA | B | 0.48% | |
| LOW | D | 0.48% | |
| RTX | C | 0.48% | |
| HON | B | 0.47% | |
| BKNG | A | 0.46% | |
| SYK | C | 0.46% | |
| VRTX | F | 0.43% | |
| INTC | D | 0.43% | |
| MDT | D | 0.41% | |
| REGN | F | 0.4% | |
| ADI | D | 0.4% | |
| KLAC | D | 0.39% | |
| BA | F | 0.38% | |
| LMT | D | 0.38% | |
| NKE | D | 0.37% | |
| DE | A | 0.37% | |
| ADP | B | 0.35% | |
| CI | F | 0.33% | |
| SNPS | B | 0.32% | |
| WM | A | 0.32% | |
| FI | A | 0.31% | |
| MDLZ | F | 0.3% | |
| GILD | C | 0.3% | |
| TT | A | 0.3% | |
| MO | A | 0.27% | |
| MCK | B | 0.27% | |
| BDX | F | 0.27% | |
| BMY | B | 0.27% | |
| CL | D | 0.27% | |
| CSX | B | 0.26% | |
| ITW | B | 0.25% | |
| CME | A | 0.25% | |
| NXPI | D | 0.24% | |
| NOC | D | 0.22% | |
| PYPL | B | 0.22% | |
| BRK.A | B | 0.22% | |
| MAR | B | 0.22% | |
| MPC | D | 0.21% | |
| AON | A | 0.2% | |
| MSI | B | 0.19% | |
| ORLY | B | 0.18% | |
| ABNB | C | 0.18% | |
| MMM | D | 0.16% | |
| MRNA | F | 0.16% | |
| MET | A | 0.15% | |
| GM | B | 0.15% | |
| FTNT | C | 0.14% | |
| DXCM | D | 0.14% | |
| AZO | C | 0.14% | |
| TFC | A | 0.14% | |
| ADSK | A | 0.14% | |
| HLT | A | 0.14% | |
| SPG | B | 0.14% | |
| WDAY | B | 0.13% | |
| COIN | C | 0.13% | |
| BK | A | 0.12% | |
| LHX | C | 0.12% | |
| ALL | A | 0.12% | |
| FIS | C | 0.12% | |
| F | C | 0.12% | |
| RBLX | C | 0.11% | |
| ALNY | D | 0.11% | |
| MSCI | C | 0.11% | |
| SNAP | C | 0.11% | |
| DOW | F | 0.11% | |
| OTIS | C | 0.11% | |
| DASH | A | 0.11% | |
| SNOW | C | 0.11% | |
| GIS | D | 0.1% | |
| HOOD | B | 0.1% | |
| FICO | B | 0.1% | |
| TDY | B | 0.1% | |
| EXPD | D | 0.1% | |
| ILMN | D | 0.1% | |
| CHKP | D | 0.1% | |
| DPZ | C | 0.1% | |
| VRSN | F | 0.1% | |
| PFG | D | 0.1% | |
| AVY | D | 0.1% | |
| ESS | B | 0.1% | |
| XOM | B | 0.1% | |
| GDDY | A | 0.1% | |
| K | A | 0.1% | |
| CTVA | C | 0.1% | |
| CMI | A | 0.1% | |
| CNC | D | 0.1% | |
| KHC | F | 0.1% | |
| VRSK | A | 0.1% | |
| DHR | F | 0.09% | |
| MANH | D | 0.09% | |
| OKTA | C | 0.09% | |
| GLW | B | 0.09% | |
| MTD | D | 0.09% | |
| SSNC | B | 0.09% | |
| ZBRA | B | 0.09% | |
| TSN | B | 0.09% | |
| INCY | C | 0.09% | |
| DGX | A | 0.09% | |
| FDS | B | 0.09% | |
| CFG | B | 0.09% | |
| SQ | B | 0.09% | |
| HPQ | B | 0.09% | |
| IP | B | 0.09% | |
| NWSA | B | 0.09% | |
| L | A | 0.09% | |
| TXT | D | 0.09% | |
| LIN | D | 0.09% | |
| SYF | B | 0.09% | |
| NTRS | A | 0.09% | |
| EA | A | 0.09% | |
| HOLX | D | 0.09% | |
| DD | D | 0.09% | |
| MAA | B | 0.09% | |
| CLX | B | 0.09% | |
| EXPE | B | 0.09% | |
| BAX | D | 0.09% | |
| BMRN | D | 0.09% | |
| KR | B | 0.09% | |
| LH | C | 0.09% | |
| ROK | B | 0.08% | |
| JNPR | F | 0.08% | |
| EMN | D | 0.08% | |
| INSM | C | 0.08% | |
| ACM | A | 0.08% | |
| VTRS | A | 0.08% | |
| XPO | B | 0.08% | |
| MS | A | 0.08% | |
| KEY | B | 0.08% | |
| ALLY | C | 0.08% | |
| WEST | C | 0.08% | |
| SJM | D | 0.08% | |
| CYBR | B | 0.08% | |
| AXP | A | 0.08% | |
| MEDP | D | 0.08% | |
| SWK | D | 0.08% | |
| MGM | D | 0.08% | |
| WING | D | 0.08% | |
| QRVO | F | 0.08% | |
| YUMC | C | 0.08% | |
| FNF | B | 0.08% | |
| CAG | D | 0.08% | |
| NTNX | A | 0.08% | |
| Z | A | 0.08% | |
| AKAM | D | 0.08% | |
| GWRE | A | 0.08% | |
| GRMN | B | 0.08% | |
| LYB | F | 0.08% | |
| TXN | C | 0.08% | |
| BIIB | F | 0.08% | |
| UTHR | C | 0.08% | |
| MCD | D | 0.08% | |
| V | A | 0.08% | |
| NBIX | C | 0.08% | |
| AMCR | D | 0.08% | |
| BKR | B | 0.08% | |
| PLD | D | 0.07% | |
| WTW | B | 0.07% | |
| MASI | A | 0.07% | |
| KKR | A | 0.07% | |
| PANW | C | 0.07% | |
| TWLO | A | 0.07% | |
| JEF | A | 0.07% | |
| PCOR | B | 0.07% | |
| HAS | D | 0.07% | |
| BSX | B | 0.07% | |
| COST | B | 0.07% | |
| WIX | B | 0.07% | |
| COP | C | 0.07% | |
| ANET | C | 0.07% | |
| ELAN | D | 0.07% | |
| BLK | C | 0.07% | |
| CBRE | B | 0.07% | |
| ELV | F | 0.07% | |
| DOCU | A | 0.07% | |
| ETN | A | 0.07% | |
| CHRW | C | 0.07% | |
| FTI | A | 0.07% | |
| FFIV | B | 0.07% | |
| TOST | B | 0.07% | |
| MKSI | C | 0.07% | |
| AOS | F | 0.07% | |
| UNP | C | 0.07% | |
| BXP | D | 0.07% | |
| SCHW | B | 0.07% | |
| AFG | A | 0.07% | |
| TJX | A | 0.07% | |
| CTLT | B | 0.07% | |
| SCI | B | 0.07% | |
| ANSS | B | 0.07% | |
| MNDY | C | 0.07% | |
| SRPT | D | 0.07% | |
| WAB | B | 0.07% | |
| SNX | C | 0.07% | |
| ACI | C | 0.07% | |
| GOLD | D | 0.07% | |
| APG | B | 0.07% | |
| GS | A | 0.07% | |
| OLN | D | 0.06% | |
| GTLB | B | 0.06% | |
| SCCO | F | 0.06% | |
| SHW | A | 0.06% | |
| ZION | B | 0.06% | |
| KD | B | 0.06% | |
| FLS | B | 0.06% | |
| CFR | B | 0.06% | |
| CNI | D | 0.06% | |
| MAT | D | 0.06% | |
| IVZ | B | 0.06% | |
| WDC | D | 0.06% | |
| LEA | D | 0.06% | |
| MTN | C | 0.06% | |
| DUK | C | 0.06% | |
| GD | F | 0.06% | |
| ETSY | D | 0.06% | |
| WEX | D | 0.06% | |
| MHK | D | 0.06% | |
| VOYA | B | 0.06% | |
| BWA | D | 0.06% | |
| ZTS | D | 0.06% | |
| ICE | C | 0.06% | |
| KEYS | A | 0.06% | |
| CBSH | A | 0.06% | |
| ROKU | D | 0.06% | |
| EXEL | B | 0.06% | |
| CIEN | B | 0.06% | |
| IFF | D | 0.06% | |
| ARW | D | 0.06% | |
| SO | D | 0.06% | |
| BRBR | A | 0.06% | |
| WSC | D | 0.06% | |
| RL | B | 0.06% | |
| CAH | B | 0.06% | |
| EXAS | D | 0.06% | |
| AM | A | 0.06% | |
| BPMC | C | 0.06% | |
| HPE | B | 0.06% | |
| APH | A | 0.06% | |
| EBAY | D | 0.06% | |
| RHI | B | 0.06% | |
| BX | A | 0.06% | |
| SBUX | A | 0.06% | |
| ALV | C | 0.06% | |
| TD | F | 0.06% | |
| HD | A | 0.06% | |
| ORI | A | 0.06% | |
| CR | A | 0.06% | |
| HRB | D | 0.06% | |
| ITCI | C | 0.06% | |
| AMT | D | 0.06% | |
| AYI | B | 0.06% | |
| AGCO | D | 0.06% | |
| IRM | D | 0.06% | |
| EQR | B | 0.06% | |
| CRUS | D | 0.06% | |
| EL | F | 0.06% | |
| TEAM | A | 0.06% | |
| SF | B | 0.06% | |
| MMC | B | 0.06% | |
| CB | C | 0.06% | |
| BIO | D | 0.06% | |
| INFA | D | 0.06% | |
| TTWO | A | 0.06% | |
| FBIN | D | 0.06% | |
| OHI | C | 0.06% | |
| CMG | B | 0.06% | |
| UNM | A | 0.06% | |
| JAZZ | B | 0.06% | |
| NTAP | C | 0.06% | |
| KBR | F | 0.06% | |
| DOX | D | 0.06% | |
| ALGN | D | 0.05% | |
| VTR | C | 0.05% | |
| BAH | F | 0.05% | |
| KO | D | 0.05% | |
| CVX | A | 0.05% | |
| STT | A | 0.05% | |
| TDG | D | 0.05% | |
| STX | D | 0.05% | |
| NET | B | 0.05% | |
| IOT | A | 0.05% | |
| PSTG | D | 0.05% | |
| TER | D | 0.05% | |
| LYFT | C | 0.05% | |
| ZBH | C | 0.05% | |
| ST | F | 0.05% | |
| CHX | C | 0.05% | |
| LDOS | C | 0.04% | |
| CSL | C | 0.04% |
QRFT: Top Represented Industries & Keywords
Industries:
Software - Application
Biotechnology
Software - Infrastructure
Semiconductors
Diagnostics & Research
Asset Management
Diversified Industrials
Drug Manufacturers - Major
Business Services
Internet Content & Information
Aerospace & Defense
Capital Markets
Packaged Foods
Banks - Regional - US
Communication Equipment
Medical Devices
Restaurants
Specialty Retail
Credit Services
Medical Instruments & Supplies
ALAI: Top Represented Industries & Keywords
Industries:
Software - Application
Semiconductors
Internet Content & Information
Specialty Retail
Auto Manufacturers
Banks - Global
Capital Markets
Computer Systems
Conglomerates
Consumer Electronics
Diagnostics & Research
Discount Stores
Electronic Gaming & Multimedia
Engineering & Construction
Gambling
Health Care Plans
Media - Diversified
Medical Instruments & Supplies
REIT - Diversified
REIT - Office
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