Alger AI Enablers & Adopters ETF (ALAI)

NYSEARCA: ALAI · Real-Time Price · USD
39.21
+0.56 (1.45%)
Oct 29, 2025, 4:00 PM EDT - Market closed
1.45%
Assets$289.11M
Expense Ratio0.55%
PE Ratio38.34
Shares Out7.75M
Dividend (ttm)$0.17
Dividend Yield0.44%
Ex-Dividend DateDec 18, 2024
Payout Frequencyn/a
Payout Ratio17.23%
Volume108,054
Open39.00
Previous Close38.65
Day's Range38.70 - 39.26
52-Week Low20.03
52-Week High39.26
Betan/a
Holdings62
Inception DateApr 4, 2024

About ALAI

Fund Home Page

The Alger AI Enablers & Adopters ETF (ALAI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in firms benefiting from developing, integrating or enabling artificial intelligence (AI) technology. The fund seeks long-term capital growth through fundamental research ALAI was launched on Apr 4, 2024 and is issued by Alger.

Asset Class Equity
Category Technology
Region North America
Stock Exchange NYSEARCA
Ticker Symbol ALAI
ETF Provider Alger

Top 10 Holdings

60.96% of assets
NameSymbolWeight
NVIDIA CorporationNVDA12.83%
Microsoft CorporationMSFT10.29%
Meta Platforms, Inc.META7.47%
Amazon.com, Inc.AMZN6.42%
Taiwan Semiconductor Manufacturing Company LimitedTSM4.89%
Alphabet Inc.GOOG4.10%
Broadcom Inc.AVGO4.01%
Apple Inc.AAPL3.96%
Nebius Group N.V.NBIS3.83%
Tesla, Inc.TSLA3.16%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Dec 18, 2024$0.1732Dec 31, 2024
Full Dividend History

Performance

ALAI had a total return of 63.64% in the past year, including dividends. Since the fund's inception, the average annual return has been 54.65%.

News

Corporate AI Adoption Goes Beyond the Search Engine

Corporate adoption of artificial intelligence is extending far beyond merely employing AI as an augmented search engine. The Alger team recently broke down how different firms in the U.S. are using ar...

9 days ago - ETF Trends

How ‘Sovereign AI' Can Boost AI CapEx Spending

Corporations aren't the only major source that can drive capital expenditures (CapEx) spending on artificial intelligence infrastructure. Recent insights from Alger highlighted how spending from forei...

12 days ago - ETF Trends

Surging AI Momentum Showcases Investment Opportunities

Even as some of the largest tech companies have continued to pour hundreds of billions of dollars into scaling up their AI infrastructure, some investors may be skeptical about AI's practical utility ...

4 weeks ago - ETF Trends

AI Marketing Value Highlights Rising Demand

The corporate enthusiasm driving AI adoption isn't solely due to the helpful nature of AI chat bots.  It may come as a surprise to some, but one of the industries that has been affected most by artifi...

4 weeks ago - ETF Trends

ETF Prime: From Risk-Managed ETFs to AI Investing With WEBs & Alger

On this week's episode of ETF Prime, Ben Fulton, CEO of WEBs Investments joins Nate Geraci to discuss the firm's suite of defined volatility ETFs. Later, Arthur Nowak, Client Portfolio Manager at Alge...

Other symbols: DVXK
7 weeks ago - ETF Trends

AI Spending is Beginning to Payoff

It's certainly no secret that many of the largest tech companies in the world have spent billions of dollars each year to rapidly scale up their artificial intelligence operations.

7 weeks ago - ETF Trends

New OpenAI Model Ups the Ante for AI Investing

It looks like the race for global AI innovation is quickly shifting to the next heat. On August 7, OpenAI released its latest artificial intelligence model, GPT-5.

2 months ago - ETF Trends

ALAI: High Reward So Far For Artificial Intelligence Exposure

ALAI offers concentrated, growth-focused AI exposure, ideal for investors seeking active management beyond core index ETFs. I rate ALAI a Buy for those comfortable with its short track record and the ...

2 months ago - Seeking Alpha