ALGER AI ENABLERS & ADOPTERS ETF
Symbol: ALAI
Exchange: NYSE ARCA
Sector: Technology
Category: Technology
Inception Date: 04/04/2024
Latest Date: 02/04/2026
Current Price: $33.70
Expense Ratio: 0.55%
Assets Under Management
$292.6M
4.24% 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
-1.09%
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
-7.19%
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
-10.08%
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
44.86%
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: 02/04/2025 - 02/04/2026.
Average Daily Return
0.166%
Best Day
14.163%
09/04/2025
Worst Day
-7.428%
03/04/2025
Days with Data
251
Recent Price History (Last 90 Days)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 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 |
| 27/03/2026 | $32.22 | $32.28 | $31.63 | $31.68 | 70,000 |
| 26/03/2026 | $33.24 | $33.24 | $32.37 | $32.39 | 71,800 |
| 25/03/2026 | $33.78 | $33.95 | $33.50 | $33.67 | 100,800 |
| 24/03/2026 | $33.51 | $33.57 | $33.20 | $33.43 | 97,900 |
| 23/03/2026 | $33.65 | $34.07 | $33.46 | $33.57 | 34,200 |
| 20/03/2026 | $33.99 | $33.99 | $32.82 | $33.14 | 80,100 |