ALAI vs HUSV
Alger AI Enablers & Adopters ETF vs First Trust Horizon Managed Volatility Domestic ETF
Which is better, ALAI or HUSV?
Each has led over a different period.
ALAI has a lower expense ratio. ALAI led over the full window, HUSV 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 | HUSV |
|---|---|---|
| Expense Ratio | 0.58%Best | 0.70% |
| AUM | $2.1B | $56M |
| Dividend Yield | 1.31% | 1.40% |
| Holdings | 146 | 203 |
| YTD Return | +12.15%Best | +11.98% |
| 1Y Return | +10.90% | +11.28%Best |
| 3Y Return (annualized) | - | +11.41% |
| 5Y Return (annualized) | - | +6.37% |
| Volatility (annualized) | 26.4% | 11.0%Best |
| Max Drawdown | -29.4% | -9.3%Best |
| $10,000 over 2.6 years | $20,716Best | $12,595 |
| Fund Family | Alger | First Trust Portfolios (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 4, 2024 | Aug 24, 2016 |
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).
ALAI vs HUSV 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 HUSV Performance
Alger AI Enablers & Adopters ETF (ALAI) is an ETF from Alger and First Trust Horizon Managed Volatility Domestic ETF (HUSV) is an ETF from First Trust Portfolios (US). Over the past year ALAI returned +10.90% while HUSV returned +11.28%. Year to date, ALAI is up 12.15% versus a gain of 11.98% for HUSV.
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 11.0% for HUSV. 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 -9.3% for HUSV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.15. They move largely independently of each other.
Fees and Cost Over Time
ALAI charges 0.58% per year while HUSV charges 0.70%. On a $10,000 position that is $58 vs $70 annually, a gap of $12 per year that compounds over a long holding period. On income, ALAI currently yields 1.31% against 1.40% for HUSV.
Holdings Overlap
At least 4.1% of HUSV'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.
HUSV and ALAI share little of their money.
2 positions in common, counted across the 58 positions we hold weights for in ALAI and 100 in HUSV, against full books of 146 and 203.
You are not choosing between two funds in isolation.
Whichever of ALAI and HUSV 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 HUSV?
ALAI has an expense ratio of 0.58% while HUSV charges 0.70%. ALAI is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, ALAI or HUSV?
Over the past year ALAI returned +10.90% vs +11.28% for HUSV, so HUSV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ALAI or HUSV?
ALAI has been the more volatile fund at 26.4% annualized versus 11.0% for HUSV. Worst drawdown: ALAI -29.4% vs HUSV -9.3%.
Should I hold both ALAI and HUSV?
ALAI and HUSV have a monthly-return correlation of -0.15, 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 HUSV?
At least 4.1% of HUSV's money is in holdings ALAI also owns. Our book for ALAI is partial, so the real figure is this or higher. They hold 2 positions in common, counted across the 58 positions we hold weights for in ALAI and 100 in HUSV.
Which pays a higher dividend, ALAI or HUSV?
ALAI yields 1.31% while HUSV yields 1.40%, so HUSV currently pays the higher dividend yield.
Is HUSV better than ALAI?
ALAI has a lower expense ratio. ALAI led over the full window, HUSV over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.