ALGER CONCENTRATED EQUITY ETF
Symbol: CNEQ
Exchange: NYSE
Sector: Technology
Category: Large Growth
Inception date: 04/04/2024
Latest date: 15/10/2026
Current price: $39.43
Expense ratio: 0.56%
Period performance
Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.
Performance metrics
Period total return
2.02%
Ann. -34.84% (Sharpe / Sortino numerator)
Volatility
32.12%
Sharpe ratio
-1.198
VaR 95%
-3.12%
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
-1.38%
Ann. -30.59% (Sharpe / Sortino numerator)
Volatility
26.64%
Sharpe ratio
-1.284
VaR 95%
-2.81%
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
9.56%
Ann. -20.94% (Sharpe / Sortino numerator)
Volatility
25.44%
Sharpe ratio
-0.966
VaR 95%
-2.94%
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
13.50%
Ann. 35.89% (Sharpe / Sortino numerator)
Volatility
28.42%
Sharpe ratio
1.135
VaR 95%
-2.80%
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
68.70%
Ann. 37.85% (Sharpe / Sortino numerator)
Volatility
27.48%
Sharpe ratio
1.246
VaR 95%
-2.88%
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
97.42%
Ann. 32.83% (Sharpe / Sortino numerator)
Volatility
27.30%
Sharpe ratio
1.067
VaR 95%
-2.80%
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
0.063%
Best day
5.308%
Worst day
-5.01%
Days with data
251
Recent price history (last 90 days)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 15/10/2026 | $38.91 | $39.45 | $38.41 | $39.43 | 245,800 |
| 14/10/2026 | $40.06 | $40.14 | $39.18 | $39.41 | 135,300 |
| 13/10/2026 | $40.26 | $40.55 | $40.05 | $40.55 | 124,200 |
| 12/10/2026 | $40.91 | $41.05 | $40.43 | $40.55 | 570,600 |
| 09/10/2026 | $41.26 | $41.26 | $40.66 | $40.86 | 1,385,000 |
| 08/10/2026 | $41.56 | $41.56 | $40.42 | $40.64 | 150,400 |
| 07/10/2026 | $41.45 | $41.68 | $41.20 | $41.58 | 204,900 |
| 06/10/2026 | $42.00 | $42.10 | $41.80 | $41.87 | 210,600 |
| 05/10/2026 | $41.16 | $41.63 | $41.16 | $41.54 | 175,500 |
| 02/10/2026 | $41.02 | $41.20 | $40.83 | $41.01 | 241,800 |