Alger Concentrated Equity ETF (CNEQ)
| Assets | $3.18B |
| Expense Ratio | 0.56% |
| PE Ratio | 32.21 |
| Shares Out | 77.45M |
| Dividend (ttm) | $0.18 |
| Dividend Yield | 0.44% |
| Ex-Dividend Date | Dec 18, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | 14.53% |
| Volume | 112,506 |
| Open | 40.34 |
| Previous Close | 40.70 |
| Day's Range | 40.34 - 40.91 |
| 52-Week Low | 29.47 |
| 52-Week High | 42.15 |
| Beta | 1.75 |
| Holdings | 30 |
| 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
61.52% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 14.75% |
| Microsoft Corporation | MSFT | 7.90% |
| Alphabet Inc. | GOOG | 6.05% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 5.73% |
| Apple Inc. | AAPL | 5.18% |
| Broadcom Inc. | AVGO | 5.01% |
| Nebius Group N.V. | NBIS | 4.47% |
| Western Digital Corporation | WDC | 4.31% |
| Amazon.com, Inc. | AMZN | 4.18% |
| Meta Platforms, Inc. | META | 3.92% |
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 17.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 33.97%.
News
How Advisors Rebuilt Their ETF Lineups in Q2 2026
Advisors did not slow down on exchange-traded funds in the second quarter. They added more of them, and pointed the money somewhere new, according to AdvizorPro's Q2 2026 RIA ETF Trends report.
Anthropic in ETFs: How Investors Can Gain Exposure
Anthropic's preliminary second-quarter results reignited enthusiasm across the artificial intelligence sector, lifting semiconductor stocks 1% on Monday despite broader tech sector declines. Q2 revenu...