ALAI vs SCHG
Alger AI Enablers & Adopters ETF against Schwab U.S. Large-Cap Growth ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
48%
31 shared positions
Fee gap
54 bp
SCHG is cheaper
1-year return gap
8.5 pts
ALAI is ahead
Larger fund
SCHG
$64.2B
Side by side
| ALAI | SCHG | |
|---|---|---|
| Fund | Alger AI Enablers & Adopters ETF | Schwab U.S. Large-Cap Growth ETF |
| Issuer | Alger | Schwab |
| Category | AI & Robotics | Large Cap Growth |
| Expense ratio | 0.58% | 0.04% |
| Assets | $451M | $64.2B |
| Average daily dollar volume | $3.3M | $298M |
| Listed | Apr 4, 2024 | Dec 11, 2009 |
| FrenzyCap score | 51 | 87 |
| 1-month return | −6.1% | −1.3% |
| 3-month return | +1.8% | +7.4% |
| Year to date | +22.8% | +9.9% |
| 1-year return | +19.4% | +10.9% |
| 30-day volatility | 24.1% | 14.6% |
| Worst drawdown, 1 year | −20.7% | −16.6% |
| Trailing 12-month yield | 1.22% | 0.39% |
| Holdings | 79 | 189 |
| Top 10 weight | 52.3% | 61.0% |
| Look-through P/E | 31.3 | 30.3 |
| Holdings vs fair value | −0.2% | −0.9% |
| Holdings above 200-day average | 69% | 72% |
| Net flow, latest 3 reported months | +$62M thru Jun 2026 | +$3.2B thru May 2026 |
| 30-day implied volatility | — | 15.6% |
| Holdings as of | as of Jun 30, 2026SEC filing | as of Oct 7, 2026third-party data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
65% of ALAI · 67% of SCHG| Holding | ALAI | SCHG |
|---|---|---|
| NVDA | 12.25% | 12.84% |
| AMZN | 5.37% | 5.70% |
| MSFT | 4.78% | 8.78% |
| META | 3.85% | 4.12% |
| AVGO | 3.78% | 4.37% |
| GOOG | 4.73% | 3.69% |
| AAPL | 2.83% | 10.97% |
| TSLA | 2.57% | 2.76% |
| MU | 1.49% | 3.18% |
| AMD | 1.35% | 2.73% |
| UNH | 0.83% | 0.87% |
| GEV | 1.31% | 0.69% |
| SNDK | 0.64% | 0.64% |
| STX | 1.98% | 0.47% |
| ETN | 0.59% | 0.43% |
| ANET | 0.41% | 0.58% |
| WDC | 4.34% | 0.38% |
| NOW | 0.42% | 0.37% |
| SNOW | 1.04% | 0.30% |
| LITE | 0.75% | 0.26% |
| DDOG | 0.48% | 0.23% |
| HOOD | 1.21% | 0.22% |
| APP | 2.09% | 0.20% |
| CAT | 0.17% | 0.97% |
| ALAB | 1.38% | 0.15% |
Sector mix of the stock holdings
| Sector | ALAI | SCHG | Gap |
|---|---|---|---|
| Technology | 60.1% | 68.5% | −8.4% |
| Consumer Discretionary | 7.9% | 11.2% | −3.2% |
| Industrials | 4.7% | 11.0% | −6.3% |
| Health Care | 1.9% | 5.4% | −3.5% |
| Financials | 2.7% | 1.4% | +1.3% |
| Utilities | 2.5% | 0.6% | +1.8% |
| Materials | 0.6% | 1.0% | −0.4% |
| Communication Services | 1.0% | 0.1% | +1.0% |
| Energy | 0.0% | 0.4% | −0.4% |
| Real Estate | 0.0% | 0.3% | −0.3% |
| Consumer Staples | 0.0% | 0.0% | −0.0% |
More: full overlap table · ALAI holdings · SCHG holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.