Alger Concentrated Equity ETF (CNEQ)
37.17
+0.17
(+0.46%)
USD |
NYSEARCA |
May 05, 16:00
37.17
0.00 (0.00%)
After-Hours: 20:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.56% | 0.21% | 552.46M | 172186.8 |
| Weighted Average Dividend Yield | Turnover Ratio (Generic) | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 0.23% | 60.00% | 419.33M |
Basic Info
| Investment Strategy | |
| The Fund seeks long-term capital appreciation. Normally, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of large-cap companies, within the range of companies included in the Russell 1000 Growth Index, that demonstrate promising growth potential. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Large Cap Growth |
| Broad Asset Class | US Equity |
| Broad Category | Equity |
| Global Peer Group | Equity US |
| Peer Group | Large-Cap Growth Funds |
| Global Macro | Equity North America |
| US Macro | Large-Cap Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Growth Funds |
| Fund Owner Firm Name | Alger |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of May 05, 2026.
Asset Allocation
As of March 31, 2026.
| Type | % Net |
|---|---|
| Cash | 5.22% |
| Stock | 92.02% |
| Bond | 2.79% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -0.03% |
Basic Info
| Investment Strategy | |
| The Fund seeks long-term capital appreciation. Normally, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of large-cap companies, within the range of companies included in the Russell 1000 Growth Index, that demonstrate promising growth potential. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Large Cap Growth |
| Broad Asset Class | US Equity |
| Broad Category | Equity |
| Global Peer Group | Equity US |
| Peer Group | Large-Cap Growth Funds |
| Global Macro | Equity North America |
| US Macro | Large-Cap Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Growth Funds |
| Fund Owner Firm Name | Alger |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |