ALGER CONCENTRATED EQUITY ETF
Symbol: CNEQ
Exchange: NYSE ARCA
Sector: Technology
Category: Large Growth
Inception Date: 04/04/2024
Latest Date: 02/04/2026
Current Price: $31.60
Expense Ratio: 0.55%
Assets Under Management
$241.1M
3.07% 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
-3.83%
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
-8.59%
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
-11.00%
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
35.73%
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
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
0.138%
Best Day
12.947%
09/04/2025
Worst Day
-6.874%
03/04/2025
Days with Data
251
Recent Price History (Last 90 Days)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 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 |
| 27/03/2026 | $30.58 | $30.68 | $30.12 | $30.19 | 45,400 |
| 26/03/2026 | $31.43 | $31.55 | $30.82 | $30.85 | 563,400 |
| 25/03/2026 | $32.10 | $32.26 | $31.79 | $31.92 | 57,200 |
| 24/03/2026 | $31.63 | $31.82 | $31.49 | $31.68 | 87,800 |
| 23/03/2026 | $31.86 | $32.33 | $31.80 | $31.94 | 30,200 |
| 20/03/2026 | $32.24 | $32.24 | $31.18 | $31.34 | 51,200 |