Alger Concentrated Equity ETF (CNEQ)

Assets	$1.97B
Expense Ratio	0.56%
PE Ratio	35.48
Shares Out	53.26M
Dividend (ttm)	$0.18
Dividend Yield	0.45%
Ex-Dividend Date	Dec 18, 2025
Payout Frequency	Annual
Payout Ratio	16.13%

Volume	407,200
Open	40.11
Previous Close	40.06
Day's Range	39.53 - 40.27
52-Week Low	29.47
52-Week High	42.15
Beta	1.75
Holdings	31
Inception Date	Apr 4, 2024

About CNEQ

Fund Home Page

The 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.

• Asset Class: Equity
• Category: Large Growth
• Region: North America
• Stock Exchange: NYSEARCA
• Ticker Symbol: CNEQ
• ETF Provider: Alger

Top 10 Holdings

60.28% of assets

Name	Symbol	Weight
NVIDIA Corporation	NVDA	14.78%
Microsoft Corporation	MSFT	7.98%
Alphabet Inc.	GOOG	5.82%
Taiwan Semiconductor Manufacturing Company Limited	TSM	5.51%
Broadcom Inc.	AVGO	5.32%
Apple Inc.	AAPL	4.92%
Amazon.com, Inc.	AMZN	4.45%
Western Digital Corporation	WDC	3.88%
Nebius Group N.V.	NBIS	3.82%
Anthropic	n/a	3.80%

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 23.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 33.58%.

Data Sources: S&P Global Market Intelligence, CBOE, and more

Historical data is provided by S&P Global Market Intelligence. Real-time stock price data is provided by CBOE and 15-minute delayed consolidated tape pricing data is provided by Nasdaq UTP. Several fund data points are also provided by Finnhub.

Last checked:

Aug 29, 2026

Data Sources Report a data error