Summary
Alger Concentrated Equity ETF is an ETF - a fund traded on an exchange like a stock - run by Alger. Positions inside: 32. The ten largest make up 61% of the fund.
- Yearly costs
- 0.56%
- Fund size
- $5.69B
- Positions
- 32
- Dividend yield
- 0.48%
- Running since
- 2024
What speaks for it
- A large fund with $5.69B under management.
What to watch
- The ten largest positions make up 61% of the fund, so its result rests on a few names.
- 54% of the fund is in one sector (Technology).
- 81% of the fund is in one country (United States).
- Costs of 0.56% a year are above the middle of comparable funds (0.44%).
- A young fund: it has been running only since 2024.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -8.3%
- 3 months
- -0.9%
- This year
- +9.2%
- 1 year
- +6.8%
- Avg. market cap
- $2.29T
- P/E
- 27.1x
- Forward P/E
- 23.7x
- P/S
- 7.4x
- P/B
- 7.6x
- P/FCF
- 40.8x
- EV/EBITDA
- 20.5x
- Dividend yield
- 0.28%
- ROIC
- 26.3%
- ROE
- 54.6%
- Gross margin
- 59.2%
- Operating margin
- 33.8%
- Net margin
- 35.8%
- Payout ratio
- 7.6%
- Net debt/EBITDA
- 1.1x
- Beta
- 1.71
Weighted average of the 27 largest companies, which make up 94% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 NVNvidia NVDA 15%
- 2 MSMicrosoft MSFT 8.8%
- 3 GOAlphabet GOOG 6.2%
- 4 TSTSMC TSM 6.0%
- 5 AVBroadcom AVGO 4.8%
- 6 AAApple AAPL 4.8%
- 7 AMAmazon AMZN 4.5%
- 8 WDWestern Digital WDC 3.8%
- 9 TLTalen Energy Corporation TLN 3.6%
- 10 MEMeta META 3.6%
Positions in the fund: 32. The ten largest make up 61% of it.
Composition as of Oct 23, 2026.
Where is it spread?
One sector dominatesBy sector
- Technology 54%
- Communication services 17%
- Industrials 10%
- Consumer cyclical 9.9%
- Healthcare 4.2%
- Other 4.1%
By country
- United States 81%
- Taiwan 5.9%
- Netherlands 4.2%
- Singapore 2.4%
- Other countries 6.9%
By company size
- Mega cap 72%
- Large cap 26%
- Mid cap 1.3%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 94% of the fund.
Largest sector: Technology (54%). Largest country: United States (81%). Largest size group: Mega cap (72%).
What does it cost me?
Expensive- A year from $10,000
- $56.00
- Over 20 years
- $2,691
From every $10,000 invested the fund takes $56.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $2,691.
How has it done?
Growing over the long run- Over the last year
- +6.8%
- Deepest drop
- -28%
- Yearly volatility
- 26%
Growth over the last year: 6.8%. Deepest drop in these years: 28% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 0.48%
- Last payment
- $0.18
Over the last 12 months it paid $0.18 per share, which is 0.48% of today's price. The last payment was $0.18 on Dec 18, 2025.
Is it easy to buy and sell?
Yes- Traded a day
- $7.37M
- Shares a day
- 196K
On an average day about $7.37M of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 27.1
- Average Bulios Score
- 69 out of 100
Weight by Bulios Fair Price
- Undervalued 16%
- Fairly valued 6.7%
- Overvalued 77%
On average the companies inside trade for 27.1 times their yearly profit. By Fair Price, 77% of the rated weight comes out as overvalued.
Counted from its largest companies (27), which make up 94% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
AL ALAI Alger AI Enablers & Adopters ETF | United States | 0.58% | $129.3M | +12% | Pays out | 69% |
FZ FZAHX Fidelity Advisor Growth Opportunities Fund Class Z· mutual fund | - | - | $11.1B | +3.9% | Pays out | 58% |
MP MPLY Strategy Shares - Monopoly ETF | United States | 0.79% | $18.1M | +7.6% | - | 55% |
NY NYSX Global X - NYSE 100 ETF | United States | 0.09% | $1.24M | - | Pays out | 55% |
AT ATFV Alger 35 ETF | United States | 0.56% | $44.1M | +4.7% | Pays out | 55% |
VO VOOG Vanguard S&P 500 Growth Index Fund | United States | 0.07% | $27.9B | +11% | Pays out | 54% |
