Alger Concentrated Equity ETF (CNEQ)
| Assets | $369.19M |
| Expense Ratio | 0.55% |
| PE Ratio | 47.93 |
| Shares Out | 12.48M |
| Dividend (ttm) | $0.18 |
| Dividend Yield | 0.57% |
| Ex-Dividend Date | Dec 18, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | 28.35% |
| Volume | 61,546 |
| Open | 31.47 |
| Previous Close | 31.12 |
| Day's Range | 31.39 - 31.68 |
| 52-Week Low | 19.34 |
| 52-Week High | 36.98 |
| Beta | 1.72 |
| Holdings | 29 |
| Inception Date | Apr 4, 2024 |
About CNEQ
Fund Home PageThe Alger Concentrated Equity ETF (CNEQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, targeting large-cap companies with high growth potential. The fund maintains a concentrated portfolio of no more than 30 stocks, seeking long-term captial appreciation CNEQ was launched on Apr 4, 2024 and is issued by Alger.
Top 10 Holdings
67.12% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 14.50% |
| Dreyfus Trsy Oblig Cash Mgmt Cl Ins | n/a | 8.11% |
| Microsoft Corporation | MSFT | 7.98% |
| Amazon.com, Inc. | AMZN | 6.44% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 5.67% |
| Alphabet Inc. | GOOG | 5.57% |
| Nebius Group N.V. | NBIS | 5.15% |
| Apple Inc. | AAPL | 5.03% |
| Broadcom Inc. | AVGO | 4.77% |
| QXO, Inc. | QXO | 3.90% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2025 | $0.180 | Dec 31, 2025 |
| Dec 18, 2024 | $0.0411 | Dec 31, 2024 |
Performance
CNEQ had a total return of 36.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 25.52%.
News
CNEQ: High-Conviction Growth ETF With An Excellent Start
Alger Concentrated Equity ETF offers a high-conviction, 29-stock growth portfolio with a heavy technology and large-cap focus. CNEQ has outperformed the Russell 1000 Growth Index and major growth ETF ...
Alger Concentrated Equity ETF Q4 2025 Commentary
The Alger Concentrated Equity ETF underperformed the Russell 1000 Growth Index during the third quarter of 2025. Alphabet, Natera Apple were among the top contributors to performance. Nebius Group, Se...
Concentrated ETF Bests S&P 500 With Active Stock Picks
The Alger Concentrated Equity ETF (CNEQ) returned more than 32% in 2025, beating the S&P 500 by over 14 percentage points as the fund's focused portfolio capitalized on a shifting market environment, ...
CNEQ: Concentrated Risk With High Return Potential
The Alger Concentrated Equity ETF (CNEQ) offers exposure to 30 high-conviction, growth-oriented stocks, heavily weighted toward mega-cap technology and AI leaders. CNEQ has outperformed benchmark indi...
CNEQ: High Conviction Growth With Manageable Risk
CNEQ offers a high-conviction, concentrated growth strategy with active management, delivering strong outperformance versus QQQ despite perceived higher risks. The ETF's sector and holding concentrati...