ACVF vs ALAI
American Conservative Values ETF vs Alger AI Enablers & Adopters ETF
Which is better, ACVF or ALAI?
Each has led over a different period.
ALAI has a lower expense ratio. ACVF led over 1Y, ALAI over the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ACVF | ALAI |
|---|---|---|
| Expense Ratio | 0.75% | 0.58%Best |
| AUM | $149M | $2.1B |
| Dividend Yield | 0.48% | 1.31% |
| Holdings | 780 | 146 |
| YTD Return | +11.44% | +12.15%Best |
| 1Y Return | +12.27%Best | +10.90% |
| 3Y Return (annualized) | +18.36% | - |
| 5Y Return (annualized) | +10.26% | - |
| Volatility (annualized) | 10.4%Best | 26.4% |
| Max Drawdown | -16.8%Best | -29.4% |
| $10,000 over 2.6 years | $13,989 | $20,716Best |
| Fund Family | ACV ETFs | Alger |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 28, 2020 | Apr 4, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Apr 5, 2024 to Nov 11, 2026 (2.6 years).
ACVF vs ALAI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.6 years both funds cover.
ACVF vs ALAI Performance
American Conservative Values ETF (ACVF) is an ETF from ACV ETFs and Alger AI Enablers & Adopters ETF (ALAI) is an ETF from Alger. Over the past year ACVF returned +12.27% while ALAI returned +10.90%. Year to date, ACVF is up 11.44% versus a gain of 12.15% for ALAI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ALAI has been the more volatile fund, with annualized monthly volatility of 26.4% compared with 10.4% for ACVF. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -16.8% for ACVF and -29.4% for ALAI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ACVF charges 0.75% per year while ALAI charges 0.58%. On a $10,000 position that is $75 vs $58 annually, a gap of $17 per year that compounds over a long holding period. On income, ACVF currently yields 0.48% against 1.31% for ALAI.
Holdings Overlap
At least 26.6% of ACVF's money is in holdings ALAI also owns.
Stated as a floor: for ALAI, our book for it covers 95.0% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
ACVF and ALAI share little of their money.
19 positions in common, counted across the 388 positions we hold weights for in ACVF and 58 in ALAI, against full books of 780 and 146.
Top Shared Holdings
| Stock | Weight in ACVF | Weight in ALAI | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.55% | 13.17% | 4.62% |
| MSFTMicrosoft Corp | 5.72% | 8.15% | 2.43% |
| AVGOBroadcom Inc | 2.42% | 3.72% | 1.30% |
| MUMicron Technology, Inc. | 1.67% | 2.42% | 0.75% |
| AMDAdvanced Micro Devices Inc | 1.62% | 2.23% | 0.61% |
| STXSeagate Technolo | 0.27% | 3.35% | 3.08% |
| TSLATesla Inc | 1.20% | 1.65% | 0.45% |
| ANETArista Networks, Inc | 1.50% | 0.36% | 1.14% |
| HOODRobinhood Markets Inc - A | 0.15% | 1.46% | 1.31% |
| GEVGe Vernova | 0.36% | 1.13% | 0.77% |
26.6% of ACVF is already inside ALAI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, ACVF or ALAI?
ACVF has an expense ratio of 0.75% while ALAI charges 0.58%. ALAI is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, ACVF or ALAI?
Over the past year ACVF returned +12.27% vs +10.90% for ALAI, so ACVF leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACVF or ALAI?
ALAI has been the more volatile fund at 26.4% annualized versus 10.4% for ACVF. Worst drawdown: ACVF -16.8% vs ALAI -29.4%.
Should I hold both ACVF and ALAI?
ACVF and ALAI have a monthly-return correlation of 0.76, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between ACVF and ALAI?
At least 26.6% of ACVF's money is in holdings ALAI also owns. Our book for ALAI is partial, so the real figure is this or higher. They hold 19 positions in common, counted across the 388 positions we hold weights for in ACVF and 58 in ALAI.
Which pays a higher dividend, ACVF or ALAI?
ACVF yields 0.48% while ALAI yields 1.31%, so ALAI currently pays the higher dividend yield.
Is ALAI better than ACVF?
ALAI has a lower expense ratio. ACVF led over 1Y, ALAI over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.