ALGER AI ENABLERS & ADOPTERS ETF
Symbol: ALAI
Exchange: NYSE
Sector: Technology
Category: Technology
Inception date: 04/04/2024
Latest date: 01/06/2026
Current price: $46.71
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
16.51%
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
37.10%
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
29.04%
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
68.69%
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
130.52%
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: 02/06/2025 - 01/06/2026.
Average daily return
0.221%
Best day
6.272%
Worst day
-4.567%
Days with data
250
Recent price history (last 90 days)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 01/06/2026 | $45.92 | $46.71 | $45.62 | $46.71 | 70,100 |
| 29/05/2026 | $45.41 | $45.69 | $44.88 | $45.69 | 111,100 |
| 28/05/2026 | $44.86 | $45.12 | $44.43 | $44.99 | 61,700 |
| 27/05/2026 | $44.32 | $44.62 | $43.88 | $44.62 | 116,700 |
| 26/05/2026 | $44.11 | $44.31 | $43.90 | $44.16 | 87,800 |
| 22/05/2026 | $43.80 | $43.91 | $43.30 | $43.57 | 91,500 |
| 21/05/2026 | $43.11 | $43.59 | $43.00 | $43.51 | 54,200 |
| 20/05/2026 | $42.62 | $42.87 | $42.11 | $42.81 | 38,300 |
| 19/05/2026 | $41.55 | $41.92 | $40.94 | $41.64 | 39,900 |
| 18/05/2026 | $42.99 | $42.99 | $41.46 | $41.89 | 62,800 |