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ALAI vs INVN

Alger AI Enablers & Adopters ETF vs Alger Russell Innovation ETF

ALAI

Alger AI Enablers & Adopters ETF

Alger

Annual cost

0.58%

Fund size

$355M

INVN

Alger Russell Innovation ETF

Alger

Annual cost

0.55%

Fund size

$11M

Key differences

  • ALAI is significantly larger than INVN — larger funds tend to be more liquid and less likely to close.
  • ALAI follows a active selection strategy; INVN uses index tracking.

Side-by-side comparison

ALAIINVN
Annual cost (TER)0.58%0.55%
Fund size (AUM)$355M$11M
Since20242025
Dividend yield1.37%0.00%
Asset classequityequity
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1Y+63.3%+13.2%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y24.01%20.34%
Max drawdown-29.36%-26.01%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to ALAI and INVN