TGRT vs. ALAI ETF Comparison

Comparison of T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Growth ETF (TGRT) to Alger AI Enablers & Adopters ETF (ALAI)

TGRT

T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Growth ETF

TGRT Description

The fund will invest primarily in U.S. equity securities. The adviser uses a growth style of investing. Accordingly, the adviser looks for companies with an above-average rate of earnings, cash flow growth, and a lucrative niche in the economy that gives them the ability to sustain earnings momentum even during times of slow economic growth. The fund may purchase the stocks of companies of any size, but typically focuses on large-cap companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.63

Average Daily Volume

32,448

Number of Holdings ^*

* 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 ^*

* may have additional holdings in another (foreign) market

Performance

Period	TGRT	ALAI
30 Days	3.41%	9.25%
60 Days	5.24%	13.38%
90 Days	6.43%	18.43%
12 Months	36.54%

23 Overlapping Holdings

Symbol	Grade	Weight in TGRT	Weight in ALAI	Overlap
AAPL	C	9.94%	11.09%	9.94%
ADBE	C	1.2%	1.2%	1.2%
AMD	F	0.88%	1.01%	0.88%
AMZN	C	6.46%	8.81%	6.46%
ASML	F	0.47%	0.81%	0.47%
AVGO	D	1.53%	4.14%	1.53%
CDNS	B	0.5%	0.56%	0.5%
DKNG	B	0.2%	1.77%	0.2%
HUBS	A	0.35%	0.2%	0.2%
ISRG	A	1.59%	1.4%	1.4%
MELI	D	0.48%	1.45%	0.48%
META	D	5.65%	6.72%	5.65%
MSFT	F	11.41%	11.86%	11.41%
NFLX	A	1.35%	1.34%	1.34%
NOW	A	1.4%	0.68%	0.68%
NVDA	C	10.21%	10.98%	10.21%
SHOP	B	0.69%	0.24%	0.24%
SPGI	C	0.17%	2.88%	0.17%
SPOT	B	0.41%	1.0%	0.41%
TSLA	B	0.92%	0.63%	0.63%
TSM	B	0.35%	2.57%	0.35%
UBER	D	0.42%	0.47%	0.42%
UNH	C	1.76%	1.42%	1.42%

TGRT Overweight 68 Positions Relative to ALAI

Symbol	Grade	Weight
GOOGL	C	5.82%
LLY	F	2.85%
MA	C	2.6%
V	A	2.13%
INTU	C	1.86%
FI	A	1.83%
APH	A	1.06%
CI	F	1.02%
BKNG	A	0.95%
HD	A	0.95%
SYK	C	0.92%
ROST	C	0.81%
COST	B	0.78%
IR	B	0.75%
CMG	B	0.74%
DHR	F	0.74%
FICO	B	0.68%
TW	A	0.67%
HWM	A	0.65%
CRM	B	0.6%
EFX	F	0.57%
HLT	A	0.45%
TDG	D	0.45%
SNPS	B	0.44%
ARGX	A	0.41%
SBUX	A	0.41%
CPNG	D	0.41%
ORLY	B	0.39%
TMUS	B	0.38%
BDX	F	0.38%
ANET	C	0.36%
CTAS	B	0.34%
SCHW	B	0.34%
ADP	B	0.34%
MCK	B	0.33%
TEAM	A	0.33%
VRTX	F	0.31%
DT	C	0.31%
LIN	D	0.3%
QCOM	F	0.3%
HCA	F	0.29%
SLB	C	0.29%
MMC	B	0.28%
LRCX	F	0.27%
IOT	A	0.27%
PANW	C	0.27%
ADSK	A	0.26%
APO	B	0.26%
ROP	B	0.24%
ADI	D	0.21%
ELV	F	0.19%
ENTG	D	0.19%
WDAY	B	0.19%
LEGN	F	0.16%
CBOE	B	0.16%
REGN	F	0.16%
SHW	A	0.16%
PEP	F	0.15%
ULTA	F	0.15%
ZTS	D	0.15%
KLAC	D	0.15%
DG	F	0.15%
MPWR	F	0.15%
WCN	A	0.14%
BR	A	0.14%
FAST	B	0.14%
STZ	D	0.1%
LULU	C	0.08%

TGRT Underweight 18 Positions Relative to ALAI

Symbol	Grade	Weight
APP	B	-4.79%
GOOG	C	-2.33%
VRT	B	-2.18%
CEG	D	-1.69%
EQIX	A	-1.34%
NRG	B	-1.02%
MU	D	-0.88%
SE	B	-0.8%
PINS	D	-0.79%
NTRA	B	-0.74%
DELL	C	-0.58%
MRVL	B	-0.48%
DLR	B	-0.45%
TTD	B	-0.43%
WMT	A	-0.31%
PWR	A	-0.28%
NEE	D	-0.27%
JPM	A	-0.22%