ALAI ETF Analysis: The Alger Trust | NYSE
Technology | NYSE, USA | Market Cap: 453m USD | 12M Return: 31.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.93M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 2.2 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
ALAI is a technology-focused exchange-traded fund that invests at least 80% of its net assets in equity securities of companies expected to benefit from artificial intelligence. The fund targets firms of any market capitalization where AI is expected to play a material role in driving stock price performance over a 12 to 36 month horizon.
The fund is structured as non-diversified, allowing it to concentrate holdings in a smaller number of issuers compared to a diversified fund. It was launched on April 4, 2024, and is listed on the NYSE under The Alger ETF Trust.
The underlying investment theme covers both companies that develop AI technologies and those that apply AI tools across their business operations, positioning the fund within the broader artificial intelligence segment of the technology sector.
- Hyperscaler AI capex spending accelerates boosting portfolio holdings
- Federal Reserve rate path pressures growth stock multiples
- Rival AI-themed ETFs compete for investor inflows
As of July 28, 2026, the stock is trading at USD 41.92 with a total of 47,575 shares traded. Over the past week, the price has changed by -2.60%, over one month by -6.64%, over three months by +5.27% and over the past year by +31.48%.
Current recommended Stop Loss: 40.30 (which is 3.9% or 1.4 ATR below the current price).
The Alger Trust has no consensus analysts rating.