ALGER AI ENABLERS & ADOPTERS ETF
Symbol: ALAI
Exchange: NYSE
Sector: Technology
Category: Technology
Inception date: 04/04/2024
Latest date: 16/07/2026
Current price: $43.36
Expense ratio: 0.58%
Period performance
Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.
Performance metrics
Period total return
-4.97%
Ann. -11.28% (Sharpe / Sortino numerator)
Volatility
37.54%
Sharpe ratio
-0.397
VaR 95%
-3.71%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Period total return
12.98%
Ann. -26.15% (Sharpe / Sortino numerator)
Volatility
29.56%
Sharpe ratio
-1.008
VaR 95%
-2.98%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Period total return
17.51%
Ann. -19.28% (Sharpe / Sortino numerator)
Volatility
27.15%
Sharpe ratio
-0.844
VaR 95%
-2.99%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Period total return
41.75%
Ann. 45.08% (Sharpe / Sortino numerator)
Volatility
30.28%
Sharpe ratio
1.369
VaR 95%
-2.96%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Period total return
96.32%
Ann. 44.29% (Sharpe / Sortino numerator)
Volatility
29.15%
Sharpe ratio
1.395
VaR 95%
-3.13%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Daily returns for period 12M
Daily simple returns from the same adjusted closes used by the performance chart: 16/07/2025 - 16/07/2026.
Average daily return
0.153%
Best day
6.272%
Worst day
-5.047%
Days with data
251
Recent price history (last 90 days)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 16/07/2026 | $44.44 | $44.44 | $43.02 | $43.36 | 174,400 |
| 15/07/2026 | $44.91 | $44.91 | $44.07 | $44.63 | 146,700 |
| 14/07/2026 | $44.67 | $44.89 | $44.16 | $44.16 | 54,800 |
| 13/07/2026 | $45.39 | $45.39 | $44.14 | $44.25 | 53,300 |
| 10/07/2026 | $45.52 | $45.52 | $44.98 | $45.37 | 50,000 |
| 09/07/2026 | $44.59 | $45.66 | $44.48 | $44.98 | 52,100 |
| 08/07/2026 | $44.00 | $44.64 | $43.52 | $44.53 | 103,800 |
| 07/07/2026 | $44.68 | $45.07 | $43.56 | $44.20 | 202,700 |
| 06/07/2026 | $44.32 | $45.27 | $44.32 | $44.95 | 74,400 |
| 02/07/2026 | $45.22 | $45.41 | $43.57 | $43.57 | 338,700 |