Summary
Alger Russell Innovation ETF is an ETF - a fund traded on an exchange like a stock - run by Alger. Positions inside: 52. The ten largest make up 23% of the fund.
- Yearly costs
- 0.55%
- Fund size
- $10.5M
- Positions
- 52
- Dividend yield
- 0.24%
- Running since
- 2025
What speaks for it
Nothing stands out in its favour.
What to watch
- 92% of the fund is in one country (United States).
- Costs of 0.55% a year are above the middle of comparable funds (0.44%).
- In the last five years its price once dropped by 38% from its high.
- A young fund: it has been running only since 2025.
- A small fund with $10.5M under management; small funds get closed more often.
- It trades little: only about $101.3K changes hands a day.
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
- +1.6%
- 3 months
- +14%
- This year
- +21%
- 1 year
- +27%
- Avg. market cap
- $80.4B
- P/E
- 16.8x
- Forward P/E
- 15.6x
- P/S
- 3.0x
- P/B
- 3.6x
- P/FCF
- 13.4x
- EV/EBITDA
- 16.7x
- Dividend yield
- 0.58%
- ROIC
- 47.2%
- ROE
- 8.6%
- Gross margin
- 74.2%
- Operating margin
- 11.2%
- Net margin
- 11.8%
- Payout ratio
- 9.8%
- Net debt/EBITDA
- 0.0x
- Beta
- 0.92
Weighted average of the 48 largest companies, which make up 96% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Widely spread- 1 RBRoblox RBLX 2.5%
- 2 MEMeta META 2.5%
- 3 DODocuSign DOCU 2.4%
- 4 TEAtlassian TEAM 2.3%
- 5 EXExelixis EXEL 2.2%
- 6 GTGitLab Inc. GTLB 2.2%
- 7 CCC INTELLIGENT SOLUTION USD 0.0001 2.2%
- 8 ETEtsy ETSY 2.2%
- 9 BIBiogen BIIB 2.2%
- 10 GDGoDaddy GDDY 2.1%
Positions in the fund: 52. The ten largest make up 23% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One countryBy country
- United States 92%
- Australia 2.3%
- Netherlands 2.1%
- Switzerland 2.0%
- Other countries 1.9%
By company size
- Mega cap 4.6%
- Large cap 56%
- Mid cap 39%
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.
Largest country: United States (92%). Largest size group: Large cap (56%).
What does it cost me?
Expensive- A year from $10,000
- $55.00
- Over 20 years
- $2,646
From every $10,000 invested the fund takes $55.00 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 $2,646.
How has it done?
Growing over the long run- Over the last year
- +27%
- Deepest drop
- -38%
- Yearly volatility
- 25%
Growth over the last year: 27%. Deepest drop in these years: 38% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 0.24%
- Last payment
- $0.06
Over the last 12 months it paid $0.06 per share, which is 0.24% of today's price. The last payment was $0.06 on Dec 18, 2025.
Is it easy to buy and sell?
It trades little- Traded a day
- $101.3K
- Shares a day
- 3.9K
On an average day about $101.3K of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 16.8
- Average Bulios Score
- 67 out of 100
Weight by Bulios Fair Price
- Undervalued 33%
- Fairly valued 24%
- Overvalued 43%
On average the companies inside trade for 16.8 times their yearly profit. By Fair Price, 43% of the rated weight comes out as overvalued.
Counted from its largest companies (48), which make up 96% 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 | ||
|---|---|---|---|---|---|---|
AB ABOT Abacus FCF Innovation Leaders ETF | United States | 0.59% | $5.55M | +11% | Pays out | 23% |
QF QFRD Pacer S&P 500 Quality FCF R&D Leaders ETF | United States | 0.49% | $1.23M | - | Pays out | 21% |
RN RNIN EA Series Trust - Bushido Capital US SMID Cap Equity ETF | United States | 0.68% | $207.0M | +39% | Pays out | 21% |
WC WCLD WisdomTree Cloud Computing Fund | United States | 0.45% | $293.6M | +22% | Reinvests | 21% |
WT WTEJ.DE WisdomTree Cloud Computing UCITS ETF - USD Acc | Ireland | 0.40% | $413.9M | +27% | Reinvests | 21% |
WT WTEJ.SG WisdomTree Cloud Computing UCITS ETF - USD Acc | Ireland | 0.40% | $412.8M | +26% | Reinvests | 21% |