ALGER AI ENABLERS & ADOPTERS ETF
Symbol: ALAI
Exchange: NYSE
Sector: Technology
Category: Technology
Inception date: 04/04/2024
Latest date: 15/10/2026
Current price: $44.54
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
1.55%
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
-0.20%
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
15.90%
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
21.14%
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
92.60%
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.
Period total return
127.01%
Ann. 42.06% (Sharpe / Sortino numerator)
Volatility
29.19%
Sharpe ratio
1.314
VaR 95%
-3.02%
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: 15/10/2025 - 15/10/2026.
Average daily return
0.092%
Best day
6.272%
Worst day
-5.047%
Days with data
251
Recent price history (last 90 days)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 15/10/2026 | $43.71 | $44.88 | $43.27 | $44.54 | 116,500 |
| 14/10/2026 | $45.92 | $45.92 | $44.48 | $44.73 | 43,300 |
| 13/10/2026 | $45.87 | $46.44 | $45.69 | $46.42 | 32,700 |
| 12/10/2026 | $46.96 | $46.96 | $46.35 | $46.48 | 26,800 |
| 09/10/2026 | $47.07 | $47.52 | $46.79 | $47.17 | 84,400 |
| 08/10/2026 | $47.28 | $47.47 | $46.16 | $46.49 | 61,100 |
| 07/10/2026 | $47.50 | $47.65 | $47.23 | $47.62 | 72,400 |
| 06/10/2026 | $48.24 | $48.36 | $48.00 | $48.00 | 75,400 |
| 05/10/2026 | $47.19 | $47.85 | $47.19 | $47.63 | 59,300 |
| 02/10/2026 | $47.03 | $47.35 | $46.87 | $47.04 | 80,000 |