AIEQ vs ATFV
Amplify AI Powered Equity ETF vs Alger 35 ETF
Which is better, AIEQ or ATFV?
Each has led over a different period.
ATFV has a lower expense ratio. AIEQ led over 1Y, ATFV over 3Y, 5Y and the full window. AIEQ is less concentrated, with 41.5% of the fund in its ten largest positions against 55.4%.
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 | AIEQ | ATFV |
|---|---|---|
| Expense Ratio | 0.75% | 0.56%Best |
| AUM | $108M | $888M |
| Dividend Yield | 0.40% | 0.20% |
| Holdings | 329 | 74 |
| YTD Return | +7.98%Best | +0.94% |
| 1Y Return | +7.91%Best | +0.67% |
| 3Y Return (annualized) | +18.15% | +32.31%Best |
| 5Y Return (annualized) | +2.82% | +9.61%Best |
| Volatility (annualized) | 20.9%Best | 24.2% |
| Max Drawdown | -39.0%Best | -45.3% |
| $10,000 over 5 years | $11,492 | $15,822Best |
| Top 10 Weight | 41.5%Best | 55.4% |
| Fund Family | Amplify ETFs | Alger |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Oct 17, 2017 | May 4, 2021 |
Volatility and max drawdown are measured over the window both funds cover: May 4, 2021 to Nov 11, 2026 (5.5 years).
AIEQ vs ATFV 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 5.5 years both funds cover.
AIEQ vs ATFV Performance
Amplify AI Powered Equity ETF (AIEQ) is an ETF from Amplify ETFs and Alger 35 ETF (ATFV) is an ETF from Alger. Over the past year AIEQ returned +7.91% while ATFV returned +0.67%. Year to date, AIEQ is up 7.98% versus a gain of 0.94% for ATFV.
Over three years, AIEQ compounded at +18.15% per year against +32.31% for ATFV; over five years the annualized figures are +2.82% and +9.61% respectively. Across the full 6-year window we track, ATFV has the edge at +11.41% annualized vs +5.47%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ATFV has been the more volatile fund, with annualized monthly volatility of 24.2% compared with 20.9% for AIEQ. 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 -39.0% for AIEQ and -45.3% for ATFV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AIEQ charges 0.75% per year while ATFV charges 0.56%. On a $10,000 position that is $75 vs $56 annually, a gap of $19 per year that compounds over a long holding period. On income, AIEQ currently yields 0.40% against 0.20% for ATFV.
Holdings Overlap
22.9% of AIEQ's money is in holdings ATFV also owns. 49.3% of ATFV's money is in holdings AIEQ also owns.
The two portfolios partly overlap.
12 positions in common, counted across the 161 positions we hold weights for in AIEQ and 32 in ATFV, against full books of 329 and 74.
What only one of them owns
Our book lists 18 positions for ATFV that do not appear in our book for AIEQ (43.9% of the fund), and 148 for AIEQ that do not appear in ATFV (77.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in AIEQ | Weight in ATFV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 3.71% | 13.22% | 9.51% |
| AVGOBroadcom Inc | 9.02% | 2.48% | 6.54% |
| MSFTMicrosoft Corp | 2.26% | 6.38% | 4.12% |
| GOOGLAlphabet Inc | 1.51% | 6.24% | 4.73% |
| AMZNAmazon.Com Inc | 1.28% | 6.00% | 4.72% |
| GEVGe Vernova | 3.50% | 2.13% | 1.37% |
| METAMeta Platforms Inc | 0.99% | 2.61% | 1.62% |
| LITELumentum Holdings Inc | 0.06% | 2.72% | 2.66% |
| CRWDCrowdstrike Holdings Inc | 0.29% | 2.42% | 2.13% |
| MRKMerck & Company Inc | 0.05% | 2.38% | 2.33% |
49.3% of ATFV is already inside AIEQ.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AIEQ or ATFV?
AIEQ has an expense ratio of 0.75% while ATFV charges 0.56%. ATFV is the cheaper option, by $19 a year on a $10,000 investment.
Which performed better, AIEQ or ATFV?
Over the past year AIEQ returned +7.91% vs +0.67% for ATFV, so AIEQ leads on 1-year performance. Over the longest common window we track (6 years), AIEQ annualized +5.47% vs +11.41% for ATFV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AIEQ or ATFV?
ATFV has been the more volatile fund at 24.2% annualized versus 20.9% for AIEQ. Worst drawdown: AIEQ -39.0% vs ATFV -45.3%.
Should I hold both AIEQ and ATFV?
AIEQ and ATFV have a monthly-return correlation of 0.80, 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 AIEQ and ATFV?
49.3% of ATFV's money is in holdings AIEQ also owns. 49.3% of ATFV's is in holdings AIEQ also owns. They hold 12 positions in common, counted across the 161 positions we hold weights for in AIEQ and 32 in ATFV.
Which pays a higher dividend, AIEQ or ATFV?
AIEQ yields 0.40% while ATFV yields 0.20%, so AIEQ currently pays the higher dividend yield.
Is ATFV better than AIEQ?
ATFV has a lower expense ratio. AIEQ led over 1Y, ATFV over 3Y, 5Y and the full window. AIEQ is less concentrated, with 41.5% of the fund in its ten largest positions against 55.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.