CNEQ

Alger Concentrated Equity ETF

$36.96

2.55%
CategoryTechnology

Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of large-cap companies that the Manager believes demonstrate promising growth potential. The fund manager intends to invest a substantial portion of its assets in a smaller number of issuers. The fund is non-diversified.

Source: Yahoo Finance
Q-Score62/ 100
Net Assets$7.5B
P/E25.53
Dividend Yield0.49%
52-Week Range—
Expense Ratio0.56%
1Y Return+14.4%
Beta1.45
AI summary

Price & performance

1M-4.2%
3M-0.8%
YTD+13.4%
1Y+14.4%
52-week range—
Beta1.45
Full chart and returns against a benchmark

Q-Score

62/ 100

Quality against peers; 50 is the peer median.

Growth73
Risk30
Performance55
Valuation42
Profitability72
Leverage78
Sentiment73
Every score and metric

News sentiment

Open News & Signals

Top holdings

Every holding and the look-through

Fund facts

Expense ratio0.56%
Net assets$7.5B
1-year return+14.4%
Top-10 coverage69.1%
Dividend yield0.49%
Concentration and breadth