ALGER AI ENABLERS & ADOPTERS ETF
Symbol: ALAI
Exchange: NYSE ARCA
Sector: Technology
Category: Technology
Inception Date: 04/04/2024
Latest Date: 17/04/2026
Current Price: $38.97
Expense Ratio: 0.55%
Assets Under Management
$277.4M
1.06% daily change
Period Performance
Adjusted cumulative ETF performance normalized to the first available adjusted price of the selected period.
Adjusted Return
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Performance Metrics
Return
14.32%
Volatility
37.54%
Sharpe Ratio
-0.397
VaR 95%
-3.71%
CVaR 95%:
-4.28%
Max Drawdown:
-10.48%
Sortino Ratio:
-0.657
Calmar Ratio:
-1.08
Return
8.98%
Volatility
29.56%
Sharpe Ratio
-1.008
VaR 95%
-2.98%
CVaR 95%:
-3.67%
Max Drawdown:
-16.74%
Sortino Ratio:
-1.618
Calmar Ratio:
-1.56
Return
6.62%
Volatility
27.15%
Sharpe Ratio
-0.844
VaR 95%
-2.99%
CVaR 95%:
-3.57%
Max Drawdown:
-19.48%
Sortino Ratio:
-1.264
Calmar Ratio:
-0.99
Return
81.08%
Volatility
30.28%
Sharpe Ratio
1.369
VaR 95%
-2.96%
CVaR 95%:
-4.20%
Max Drawdown:
-19.48%
Sortino Ratio:
1.885
Calmar Ratio:
2.31
Daily Returns for Period 12M
Daily simple returns calculated over the official metric window from the same adjusted price series used in the chart: 17/04/2025 - 17/04/2026.
Average Daily Return
0.255%
Best Day
7.151%
10/04/2026
Worst Day
-4.567%
20/03/2026
Days with Data
246
Recent Price History (Last 90 Days)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 17/04/2026 | $38.56 | $39.10 | $38.56 | $38.97 | 89,100 |
| 16/04/2026 | $38.33 | $38.60 | $37.90 | $38.38 | 48,700 |
| 15/04/2026 | $37.72 | $38.56 | $37.54 | $38.43 | 292,800 |
| 14/04/2026 | $36.96 | $37.93 | $36.88 | $37.88 | 186,300 |
| 13/04/2026 | $35.73 | $36.95 | $35.73 | $36.89 | 83,600 |
| 10/04/2026 | $35.51 | $36.53 | $35.51 | $36.11 | 170,400 |
| 02/04/2026 | $32.33 | $34.01 | $32.33 | $33.70 | 178,900 |
| 01/04/2026 | $33.09 | $33.62 | $32.99 | $33.61 | 77,000 |
| 31/03/2026 | $31.67 | $33.04 | $31.52 | $33.04 | 139,200 |
| 30/03/2026 | $31.86 | $32.06 | $30.84 | $31.09 | 75,700 |