INVNAlger Russell Innovation ETF

Grow my money1y track recordRanked #2,471 of 2,960 in this goal

Seeks investment results that closely correspond to the performance of the Alger Russell Innovation Index.

By Alger · Launched 2025

Annual Cost

0.55%

#2,811 of 5,562 · average

Fund Size

$10M

#4,734 of 5,562 · small

Return (1Y)Goal

+11.4%

Track Record

1 year

#4,078 of 5,562 · young

Performance

Total-return NAV · USD

Growth of $10,000

$11,180+11.8%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Multi cap

Strategy

Index tracking

Factor

Quality

Sector

Information technology

Focus

General Innovation

Index tracked

Alger Russell Innovation Index

What it actually holds

By weight

Concentration

Top 10 holdings = 21.6% of fund✓ well diversified

Twilio Inc

2.2%

UiPath Inc

2.2%

BioMarin Pharmaceutical Inc

2.2%

Enphase Energy Inc

2.2%

Nutanix Inc

2.2%

Expedia Group Inc

2.2%

HubSpot Inc

2.1%

Regeneron Pharmaceuticals Inc

2.1%

F5 Inc

2.1%

Amdocs Ltd

2.1%

Asset allocation

Stocks

99.9%

Cash

0.1%

By sector

Technology

63.9%

Healthcare

22.1%

Consumer Cyclical

5.9%

Communication

5.0%

Financial Services

1.7%

Industrials

1.5%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

21.7%High

Year-on-year price swings

Max drawdown

-26.0%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks investment results that closely correspond to the performance of the Alger Russell Innovation Index.
Strategy: Invests primarily in securities of the Alger Russell Innovation Index, which includes innovative U.S. companies. The Fund employs a full replication methodology to track the Index's performance closely.
Inception date: January 6, 2025
Fund family: Alger