RULE vs. ALAI ETF Comparison
Comparison of Adaptive Core ETF (RULE) to Alger AI Enablers & Adopters ETF (ALAI)
RULE
Adaptive Core ETF
RULE Description
Adaptive Core ETF seeks current income. The fund invests in individual equity securities without regard to market capitalization and ETFs that invest in equity securities of any market capitalization including convertible equity securities and fixed income ETFs. The fund’s portfolio may hold securities from issuers of any market capitalization, credit quality, maturity, or country. Fixed income securities may include securities with credit quality below investment grade (commonly referred to as “junk bond” credit quality).
Grade (RS Rating)
Last Trade
$23.19
Average Daily Volume
5,927
35
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
$26.16
Average Daily Volume
10,280
41
Performance
| Period | RULE | ALAI |
|---|---|---|
| 30 Days | 4.17% | 7.65% |
| 60 Days | 5.40% | 14.09% |
| 90 Days | 5.82% | 18.70% |
| 12 Months | 21.04% |
RULE Overweight 30 Positions Relative to ALAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| BIL | A | 4.27% | |
| JPST | A | 4.26% | |
| CRM | B | 3.6% | |
| APO | B | 3.39% | |
| WMB | A | 3.07% | |
| PCAR | B | 3.04% | |
| XLG | B | 3.04% | |
| AON | A | 3.04% | |
| SPHQ | A | 3.03% | |
| CAH | B | 3.0% | |
| VST | A | 2.96% | |
| INTU | B | 2.95% | |
| V | A | 2.95% | |
| IWF | B | 2.91% | |
| FI | A | 2.91% | |
| BK | A | 2.88% | |
| PH | A | 2.87% | |
| CTAS | B | 2.84% | |
| GWW | B | 2.82% | |
| PGR | A | 2.72% | |
| HD | B | 2.7% | |
| FTNT | C | 2.67% | |
| RMD | C | 2.65% | |
| FCNCA | A | 2.59% | |
| URI | C | 2.57% | |
| GPN | B | 2.51% | |
| IRM | C | 2.47% | |
| IBM | C | 2.35% | |
| PAYX | B | 2.18% | |
| ARES | A | 1.81% |
RULE Underweight 36 Positions Relative to ALAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| MSFT | D | -11.86% | |
| AAPL | C | -11.09% | |
| NVDA | B | -10.98% | |
| AMZN | C | -8.81% | |
| META | D | -6.72% | |
| APP | B | -4.79% | |
| AVGO | D | -4.14% | |
| SPGI | C | -2.88% | |
| TSM | B | -2.57% | |
| GOOG | C | -2.33% | |
| DKNG | B | -1.77% | |
| CEG | C | -1.69% | |
| MELI | C | -1.45% | |
| UNH | B | -1.42% | |
| ISRG | A | -1.4% | |
| NRG | B | -1.02% | |
| AMD | F | -1.01% | |
| SPOT | B | -1.0% | |
| MU | D | -0.88% | |
| ASML | F | -0.81% | |
| SE | A | -0.8% | |
| PINS | F | -0.79% | |
| NTRA | A | -0.74% | |
| NOW | A | -0.68% | |
| TSLA | B | -0.63% | |
| DELL | B | -0.58% | |
| CDNS | B | -0.56% | |
| MRVL | B | -0.48% | |
| DLR | B | -0.45% | |
| TTD | B | -0.43% | |
| WMT | A | -0.31% | |
| PWR | A | -0.28% | |
| NEE | C | -0.27% | |
| SHOP | B | -0.24% | |
| JPM | A | -0.22% | |
| HUBS | A | -0.2% |
RULE: Top Represented Industries & Keywords
ALAI: Top Represented Industries & Keywords
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