ALAI: ALGER AI ENABLERS & ADOPTERS ETF
What this ETF is trying to do
The ALGER AI ENABLERS & ADOPTERS ETF (ticker: ALAI) is an exchange-traded fund that focuses on companies involved in Artificial Intelligence. It looks for businesses that help create AI technology or use it in their own work.
What the numbers show
As of October 5, 2026, the current price of ALAI is $47.63. An estimated price from roughly one year ago was about $37.76.
When looking at how the ETF performed over the last year, we look at two different numbers:
• One-year price return: This measures only the change in the share price, which was 26.14%.
• One-year total return: This includes both the share price change and any cash distributions, which was 28.05%.
So far this year (Year-to-Date), both the price return and the total return are 31.90%.
Income and distribution explanation
Some investors look for ETFs that pay out cash, known as distributions. ALAI has a distribution yield of approximately 1.14%. The trailing distributions were $0.54 per share. It is important to know that these distributions happen irregularly, meaning they do not follow a strict schedule.
New investors should remember that a distribution yield is just the cash paid out relative to the price; it is not the same thing as the total return.
NAV erosion explanation
"NAV erosion" refers to a loss in the value of the underlying assets that the ETF owns. For ALAI, the erosion-risk score is 100, and the label says "No price erosion detected." The severity is rated as "good," and there is no severe erosion-risk flag.
Pros
• Recent Growth: The ETF has shown significant share-price increases both over the last year and so far this year.
• Major Tech Exposure: The Top Holdings include well-known companies such as NVIDIA Corp (13.41%) and Microsoft Corp (8.08%).
Cons
• Irregular Income: Distributions are not paid out on a regular, predictable schedule.
• Partial Data: The list of holdings provided is only a partial list of the total companies held by the ETF.
Beginner takeaway
When studying an ETF like ALAI, it is helpful to distinguish between the share-price movement (price return) and the overall performance including cash payments (total return). While this ETF has seen growth in its share price, always remember that high yields or price changes are measurements of the past and do not guarantee what will happen in the future.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | NVIDIA CORP | NVDA | 13.41% |
| 2 | MICROSOFT CORP | MSFT | 8.08% |
| 3 | n/a | TSM | 5.79% |
| 4 | META PLATFORMS INC CLASS A | META | 5.18% |
| 5 | AMAZON.COM INC | AMZN | 4.85% |
| 6 | ALPHABET INC CLASS C | GOOG | 4.48% |
| 7 | NEBIUS GROUP NV SHS CLASS-A- | NBIS | 4.29% |
| 8 | BROADCOM INC | AVGO | 3.82% |
| 9 | SEAGATE TECHNOLOGY HOLDINGS PLC | STX | 3.69% |
| 10 | MICRON TECHNOLOGY INC | MU | 2.43% |