ALGER CONCENTRATED EQUITY ETF
Symbol: CNEQ
Exchange: NYSE
Sector: Technology
Category: Large Growth
Inception date: 04/04/2024
Latest date: 17/07/2026
Current price: $38.32
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
-6.24%
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
5.22%
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
12.74%
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
27.58%
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
77.42%
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.
Daily returns for period 12M
Daily simple returns from the same adjusted closes used by the performance chart: 17/07/2025 - 17/07/2026.
Average daily return
0.109%
Best day
5.308%
Worst day
-5.01%
Days with data
251
Recent price history (last 90 days)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 17/07/2026 | $38.10 | $38.87 | $37.66 | $38.32 | 159,500 |
| 16/07/2026 | $39.88 | $39.88 | $38.68 | $38.88 | 145,200 |
| 15/07/2026 | $40.21 | $40.22 | $39.47 | $39.98 | 97,100 |
| 14/07/2026 | $40.10 | $40.10 | $39.58 | $39.83 | 100,000 |
| 13/07/2026 | $40.39 | $40.39 | $39.09 | $39.60 | 177,500 |
| 10/07/2026 | $40.24 | $40.70 | $40.13 | $40.57 | 75,900 |
| 09/07/2026 | $40.19 | $40.67 | $39.80 | $40.67 | 251,400 |
| 08/07/2026 | $39.47 | $39.85 | $39.07 | $39.75 | 88,300 |
| 07/07/2026 | $40.16 | $40.16 | $39.15 | $39.46 | 281,000 |
| 06/07/2026 | $40.12 | $40.58 | $40.12 | $40.37 | 113,900 |