Alger AI Enablers & Adopters ETF (ALAI)
| Assets | $296.77M |
| Expense Ratio | 0.55% |
| PE Ratio | 39.83 |
| Shares Out | 8.18M |
| Dividend (ttm) | $0.54 |
| Dividend Yield | 1.47% |
| Ex-Dividend Date | Dec 18, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | 60.27% |
| Volume | 22,873 |
| Open | 36.67 |
| Previous Close | 36.40 |
| Day's Range | 36.57 - 37.02 |
| 52-Week Low | 20.03 |
| 52-Week High | 39.26 |
| Beta | n/a |
| Holdings | 53 |
| Inception Date | Apr 4, 2024 |
About ALAI
Fund Home PageThe 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.
Top 10 Holdings
61.19% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 13.14% |
| Microsoft Corporation | MSFT | 8.86% |
| Amazon.com, Inc. | AMZN | 8.37% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 5.95% |
| Alphabet Inc. | GOOG | 5.58% |
| Nebius Group N.V. | NBIS | 4.32% |
| Meta Platforms, Inc. | META | 4.19% |
| Tesla, Inc. | TSLA | 3.98% |
| Apple Inc. | AAPL | 3.45% |
| Dreyfus Trsy Oblig Cash Mgmt Cl Ins | n/a | 3.35% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2025 | $0.5411 | Dec 31, 2025 |
| Dec 18, 2024 | $0.1732 | Dec 31, 2024 |
Performance
ALAI had a total return of 29.34% in the past year, including dividends. Since the fund's inception, the average annual return has been 41.14%.
News
Can't Buy OpenAI? This ETF Owns Its Biggest Partners
Although OpenAI is not available for public investment, the actively managed Alger AI Enablers & Adopters ETF (ALAI), seeks to invest in companies across the AI ecosystem, including businesses that ma...
Beyond Chatbots: Why AI's Next Phase Needs New Infrastructure
Artificial intelligence (AI) systems are entering a new phase that requires 100 times more computing power than traditional AI queries, according to research from Alger. Reasoning models like OpenAI's...
New AI Hub Announcements Mark Portfolio Opportunities
Some of the world's largest tech companies are continuing to showcase why the AI growth story is here to stay. Earlier in October, Google announced it would begin efforts to construct its first artif...
AI Spending Projections Showcase Growth Potential
The extent of investments already needed to build and support the AI infrastructure for today's economy may seem impressive. However, this spending may very well only be the beginning.
OpenAI Data Center Plans Highlight AI Investment Momentum
Back in the tail end of September, OpenAI made headlines once more when CEO Sam Altman made public an internal memo that outlined his ambitions for the company to possess 250 gigawatts of data center ...
Alger AI Enablers & Adopters ETF Q3 2025 Portfolio Update
The Alger AI Enablers & Adopters ETF outperformed the S&P 500 Index during the third quarter of 2025. NVIDIA Corporation, Nebius Group N.V., and Talen Energy Corp were among the top contributors to pe...
ALAI: Concentrated, High-Beta AI Strategy Staged For Growth
The Alger AI Enablers & Adopters ETF offers concentrated exposure to high-growth companies driving AI infrastructure and application adoption. ALAI's portfolio is heavily weighted toward large-cap lea...
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 ...