ALAI vs CGUS
Alger AI Enablers & Adopters ETF vs Capital Group Core Equity ETF
Which is better, ALAI or CGUS?
Each has led over a different period.
CGUS has a lower expense ratio. ALAI led over the full window, CGUS over 1Y.
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 | ALAI | CGUS |
|---|---|---|
| Expense Ratio | 0.58% | 0.33%Best |
| AUM | $2.1B | $11.8B |
| Dividend Yield | 1.31% | 0.82% |
| Holdings | 146 | 147 |
| YTD Return | +12.15%Best | +11.18% |
| 1Y Return | +10.90% | +11.33%Best |
| 3Y Return (annualized) | - | +20.84% |
| Volatility (annualized) | 26.4% | 11.3%Best |
| Max Drawdown | -29.4% | -18.1%Best |
| $10,000 over 2.6 years | $20,716Best | $14,716 |
| Fund Family | Alger | Capital Group (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 4, 2024 | Feb 22, 2022 |
Not shown on this pair: 5Y Return (annualized), 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).
ALAI vs CGUS 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.
ALAI vs CGUS Performance
Alger AI Enablers & Adopters ETF (ALAI) is an ETF from Alger and Capital Group Core Equity ETF (CGUS) is an ETF from Capital Group (US). Over the past year ALAI returned +10.90% while CGUS returned +11.33%. Year to date, ALAI is up 12.15% versus a gain of 11.18% for CGUS.
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 11.3% for CGUS. 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 -29.4% for ALAI and -18.1% for CGUS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ALAI charges 0.58% per year while CGUS charges 0.33%. On a $10,000 position that is $58 vs $33 annually, a gap of $25 per year that compounds over a long holding period. On income, ALAI currently yields 1.31% against 0.82% for CGUS.
Holdings Overlap
At least 41.1% of CGUS'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.
The two portfolios partly overlap.
14 positions in common, counted across the 58 positions we hold weights for in ALAI and 68 in CGUS, against full books of 146 and 147.
Top Shared Holdings
| Stock | Weight in ALAI | Weight in CGUS | Difference |
|---|---|---|---|
| NVDANvidia Corp | 13.17% | 7.49% | 5.68% |
| MSFTMicrosoft Corp | 8.15% | 7.28% | 0.87% |
| METAMeta Platforms Inc | 5.14% | 4.61% | 0.53% |
| AMZNAmazon.Com Inc | 4.83% | 4.80% | 0.03% |
| AVGOBroadcom Inc | 3.72% | 5.13% | 1.41% |
| 2330:TWTaiwan Semiconductor Manufacturing Co Ltd | 5.93% | 2.59% | 3.34% |
| GOOGAlphabet Inc. C | 4.62% | 1.91% | 2.71% |
| STXSeagate Technolo | 3.35% | 1.15% | 2.20% |
| AAPLApple Inc | 1.76% | 2.60% | 0.84% |
| MUMicron Technology, Inc. | 2.42% | 0.33% | 2.09% |
41.1% of CGUS 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, ALAI or CGUS?
ALAI has an expense ratio of 0.58% while CGUS charges 0.33%. CGUS is the cheaper option, by $25 a year on a $10,000 investment.
Which performed better, ALAI or CGUS?
Over the past year ALAI returned +10.90% vs +11.33% for CGUS, so CGUS leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ALAI or CGUS?
ALAI has been the more volatile fund at 26.4% annualized versus 11.3% for CGUS. Worst drawdown: ALAI -29.4% vs CGUS -18.1%.
Should I hold both ALAI and CGUS?
ALAI and CGUS have a monthly-return correlation of 0.81, 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 ALAI and CGUS?
At least 41.1% of CGUS's money is in holdings ALAI also owns. Our book for ALAI is partial, so the real figure is this or higher. They hold 14 positions in common, counted across the 58 positions we hold weights for in ALAI and 68 in CGUS.
Which pays a higher dividend, ALAI or CGUS?
ALAI yields 1.31% while CGUS yields 0.82%, so ALAI currently pays the higher dividend yield.
Is CGUS better than ALAI?
CGUS has a lower expense ratio. ALAI led over the full window, CGUS over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.