ALGER CONCENTRATED EQUITY ETF
Symbol: CNEQ
Exchange: NYSE ARCA
Sector: Technology
Category: Large Growth
Inception Date: 04/04/2024
Latest Date: 17/04/2026
Current Price: $36.42
Expense Ratio: 0.55%
Assets Under Management
$387.6M
0.19% 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
12.44%
Volatility
32.12%
Sharpe Ratio
-1.198
VaR 95%
-3.12%
CVaR 95%:
-3.31%
Max Drawdown:
-10.17%
Sortino Ratio:
-2.160
Calmar Ratio:
-3.43
Return
7.15%
Volatility
26.64%
Sharpe Ratio
-1.284
VaR 95%
-2.81%
CVaR 95%:
-3.33%
Max Drawdown:
-16.39%
Sortino Ratio:
-2.034
Calmar Ratio:
-1.87
Return
5.47%
Volatility
25.44%
Sharpe Ratio
-0.966
VaR 95%
-2.94%
CVaR 95%:
-3.41%
Max Drawdown:
-19.30%
Sortino Ratio:
-1.394
Calmar Ratio:
-1.08
Return
69.71%
Volatility
28.42%
Sharpe Ratio
1.135
VaR 95%
-2.80%
CVaR 95%:
-3.95%
Max Drawdown:
-19.30%
Sortino Ratio:
1.522
Calmar Ratio:
1.86
Return
88.34%
Volatility
27.48%
Sharpe Ratio
1.246
VaR 95%
-2.88%
CVaR 95%:
-4.04%
Max Drawdown:
-27.58%
Sortino Ratio:
1.620
Calmar Ratio:
1.37
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
0.227%
Best Day
7.69%
10/04/2026
Worst Day
-3.892%
10/10/2025
Days with Data
246
Recent Price History (Last 90 Days)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 17/04/2026 | $36.35 | $36.46 | $36.24 | $36.42 | 118,200 |
| 16/04/2026 | $36.00 | $36.04 | $35.60 | $35.92 | 163,900 |
| 15/04/2026 | $35.45 | $36.04 | $35.45 | $35.99 | 220,900 |
| 14/04/2026 | $34.95 | $35.52 | $34.95 | $35.42 | 110,800 |
| 13/04/2026 | $33.86 | $34.57 | $33.86 | $34.57 | 146,600 |
| 10/04/2026 | $33.51 | $34.17 | $33.51 | $34.03 | 128,300 |
| 02/04/2026 | $30.66 | $31.60 | $30.62 | $31.60 | 51,700 |
| 01/04/2026 | $31.47 | $31.72 | $31.29 | $31.45 | 217,600 |
| 31/03/2026 | $29.99 | $31.15 | $29.99 | $31.12 | 76,600 |
| 30/03/2026 | $30.34 | $30.44 | $29.47 | $29.68 | 78,900 |