INVN vs QFRD
Alger Russell Innovation ETF against Pacer S&P 500 Quality FCF R&D Leaders: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
20%
11 shared positions
Fee gap
6 bp
QFRD is cheaper
1-year return gap
—
Larger fund
INVN
$11M
Side by side
| INVN | QFRD | |
|---|---|---|
| Fund | Alger Russell Innovation ETF | Pacer S&P 500 Quality FCF R&D Leaders |
| Issuer | Alger | Pacer |
| Category | Internet & Innovation | Quality |
| Expense ratio | 0.55% | 0.49% |
| Assets | $11M | $1.0M |
| Average daily dollar volume | $89K | $49K |
| Listed | Jan 6, 2025 | Jan 12, 2026 |
| FrenzyCap score | 33 | 27 |
| 1-month return | +2.6% | +9.9% |
| 3-month return | +14.8% | +12.3% |
| Year to date | +21.4% | — |
| 1-year return | +25.1% | — |
| 30-day volatility | 21.2% | 17.1% |
| Worst drawdown, 1 year | −20.4% | −9.7% |
| Trailing 12-month yield | 0.24% | 0.12% |
| Holdings | 51 | 51 |
| Top 10 weight | 22.6% | 32.6% |
| Look-through P/E | 25.3 | 36.6 |
| Holdings vs fair value | +21.3% | +1.8% |
| Holdings above 200-day average | 69% | 83% |
| Net flow, latest 3 reported months | −$2.6M thru Jun 2026 | $0 thru Jul 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of Jun 30, 2026SEC filing | as of Apr 30, 2026SEC filing |
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
22% of INVN · 23% of QFRD
Sector mix of the stock holdings
| Sector | INVN | QFRD | Gap |
|---|---|---|---|
| Technology | 57.2% | 64.8% | −7.6% |
| Health Care | 18.4% | 25.1% | −6.7% |
| Industrials | 15.1% | 3.1% | +12.1% |
| Financials | 1.9% | 3.5% | −1.5% |
| Consumer Discretionary | 2.0% | 0.0% | +2.0% |
More: full overlap table · INVN holdings · QFRD 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.