ATLASAlger AI Enablers & Adopters ETF (ALAI): outlook, holdings and fees
Alger AI Enablers & Adopters ETF (ALAI) is an exchange-traded fund and is managed by Alger. The expense ratio is 0.53% and the yield is 1.21%. The ten largest holdings are 55% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on ALAI
| Last price | $41.30 (-4.9%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 51% |
| Likely 1-month range (50%) | $39.08 – $43.77 |
| Normal 1-day range (±1σ) | ±1.9% |
| Distribution yield | 1.21% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
ALAI fund facts
| Issuer | Alger |
|---|---|
| Theme | Technology & innovation |
| Assets under management | $1.4B |
| Expense ratio | 0.53% |
| Number of holdings | 46 |
| Portfolio turnover | 0% |
| Inception | Apr 4, 2024 |
| Exchange | NYSE |
Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies of any market capitalization that the advisor believes will benefit from artificial intelligence,demonstrate promising growth potential,and are companies where AI can play a material role in potentially driving stock price performance over the next twelve to thirty-six months. The fund is non-diversified.
ALAI top holdings
| Holding | Sector | Weight |
|---|---|---|
| NVIDIA Corporation NVDA | Technology | 12.33% |
| Microsoft Corporation MSFT | Technology | 9.02% |
| Taiwan Semiconductor Manufacturing TSM | Technology | 5.55% |
| Meta Platforms Inc. META | Communication Services | 5.05% |
| Amazon.com Inc AMZN | Consumer Cyclical | 4.60% |
| Alphabet Inc Class C GOOG | Communication Services | 4.75% |
| Yandex NV YNDX | Communication Services | 4.02% |
| Broadcom Inc AVGO | Technology | 3.98% |
| Seagate Technology PLC STX | Technology | 3.08% |
| Micron Technology Inc MU | Technology | 2.29% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
ALAI sector breakdown
| Sector | Weight |
|---|---|
| Technology | 58.1% |
| Communication Services | 15.5% |
| Consumer Cyclicals | 9.5% |
| Industrials | 6.8% |
| Financial Services | 3.7% |
| Utilities | 3.2% |
| Healthcare | 2.8% |
| Basic Materials | 0.5% |
By region: North America 91.3%, Asia Developed 7.0%, Europe Developed 0.5%, Latin America 0.5%, Asia Emerging 0.4%.
ALAI returns and risk
| Year to date | +27.8% |
|---|---|
| 1 year | +27.9% |
| Volatility (3 years) | 0.0% |
| Sharpe ratio (3 years) | 0.00 |
Past returns do not guarantee future results.
ALAI: frequently asked questions
What does ALAI invest in?
Alger AI Enablers & Adopters ETF invests in a portfolio of securities. Its largest holdings are NVIDIA Corporation (12.3%), Microsoft Corporation (9.0%), Taiwan Semiconductor Manufacturing (5.6%), Meta Platforms Inc. (5.0%), Amazon.com Inc (4.6%).
What is the ALAI expense ratio?
0.53% a year: about $53.00 for every $10,000 invested.
What is the ALAI dividend yield?
1.21%. ATLAS does not hold the exact distribution dates for ETFs.
Will ALAI go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 51%, with a likely range (50%) of $39.08 to $43.77 from $41.30 today. It is a probability, not a prediction.
How has ALAI performed?
Year to date +27.8%, one year +27.9%. Past returns do not guarantee future results.
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Educational information, not investment advice. Disclaimer