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INVN vs ELFY

Alger Russell Innovation ETF vs ALPS Electrification Infrastructure ETF

INVN

Alger Russell Innovation ETF

Alger

Annual cost

0.55%

Fund size

$11M

ELFY

ALPS Electrification Infrastructure ETF

ALPS

Annual cost

0.50%

Fund size

$181M

Key differences

  • ELFY costs 0.05% less per year.
  • ELFY is significantly larger than INVN — larger funds tend to be more liquid and less likely to close.
  • INVN is classified as equity, while ELFY is alternative — different risk/return profiles.
  • INVN follows a index tracking strategy; ELFY uses option income.

Side-by-side comparison

INVNELFY
Annual cost (TER)0.55%0.50%
Fund size (AUM)$11M$181M
Since20252025
Dividend yield0.00%0.85%
Asset classequityalternative
Regionnorth americanorth america
Strategyindex trackingoption income
CAGR 1Y+13.2%+48.0%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y20.34%18.70%
Max drawdown-26.01%-8.37%

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

Similar to INVN and ELFY