ALAI vs GQI
Alger AI Enablers & Adopters ETF vs Natixis Gateway Quality Income ETF
Which is better, ALAI or GQI?
Each has led over a different period.
GQI has a lower expense ratio. ALAI led over the full window, GQI 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 | GQI |
|---|---|---|
| Expense Ratio | 0.58% | 0.34%Best |
| AUM | $2.1B | $296M |
| Dividend Yield | 1.31% | 8.68% |
| Holdings | 146 | 248 |
| YTD Return | +11.46% | +13.07%Best |
| 1Y Return | +11.14% | +15.02%Best |
| 3Y Return (annualized) | - | +15.38% |
| Volatility (annualized) | 26.4% | 8.5%Best |
| Max Drawdown | -29.4% | -16.6%Best |
| $10,000 over 2.6 years | $20,574Best | $14,133 |
| Fund Family | Alger | Natixis Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 4, 2024 | Dec 13, 2023 |
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 12, 2026 (2.6 years).
ALAI vs GQI 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 GQI Performance
Alger AI Enablers & Adopters ETF (ALAI) is an ETF from Alger and Natixis Gateway Quality Income ETF (GQI) is an ETF from Natixis Funds. Over the past year ALAI returned +11.14% while GQI returned +15.02%. Year to date, ALAI is up 11.46% versus a gain of 13.07% for GQI.
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 8.5% for GQI. 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 -16.6% for GQI. 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 GQI charges 0.34%. On a $10,000 position that is $58 vs $34 annually, a gap of $24 per year that compounds over a long holding period. On income, ALAI currently yields 1.31% against 8.68% for GQI.
Holdings Overlap
We hold position weights for 58 holdings in ALAI and 118 in GQI, totalling 95.0% and 89.7% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 15 positions appear in both.
15 positions in common, counted across the 58 positions we hold weights for in ALAI and 118 in GQI, against full books of 146 and 248.
Top Shared Holdings
| Stock | Weight in ALAI | Weight in GQI | Difference |
|---|---|---|---|
| NVDANvidia Corp | 13.17% | 8.07% | 5.10% |
| MSFTMicrosoft Corp | 8.15% | 4.29% | 3.86% |
| AAPLApple Inc | 1.76% | 7.68% | 5.92% |
| AMZNAmazon.Com Inc | 4.83% | 3.19% | 1.64% |
| METAMeta Platforms Inc | 5.14% | 2.29% | 2.85% |
| AVGOBroadcom Inc | 3.72% | 1.87% | 1.85% |
| MUMicron Technology, Inc. | 2.42% | 1.65% | 0.77% |
| AMDAdvanced Micro Devices Inc | 2.23% | 0.91% | 1.32% |
| TSLATesla Inc | 1.65% | 1.02% | 0.63% |
| WDCWestern Digital Corp. | 1.78% | 0.11% | 1.67% |
You are not choosing between two funds in isolation.
Whichever of ALAI and GQI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ALAI or GQI?
ALAI has an expense ratio of 0.58% while GQI charges 0.34%. GQI is the cheaper option, by $24 a year on a $10,000 investment.
Which performed better, ALAI or GQI?
Over the past year ALAI returned +11.14% vs +15.02% for GQI, so GQI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ALAI or GQI?
ALAI has been the more volatile fund at 26.4% annualized versus 8.5% for GQI. Worst drawdown: ALAI -29.4% vs GQI -16.6%.
Should I hold both ALAI and GQI?
ALAI and GQI 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.
Which pays a higher dividend, ALAI or GQI?
ALAI yields 1.31% while GQI yields 8.68%, so GQI currently pays the higher dividend yield.
Is GQI better than ALAI?
GQI has a lower expense ratio. ALAI led over the full window, GQI over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.