ALAI vs INFO
Alger AI Enablers & Adopters ETF vs Harbor PanAgora Dynamic Large Cap Core ETF
Which is better, ALAI or INFO?
Each has led over a different period.
INFO has a lower expense ratio. ALAI led over the full window, INFO 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 | INFO |
|---|---|---|
| Expense Ratio | 0.58% | 0.35%Best |
| AUM | $2.1B | $913M |
| Dividend Yield | 1.31% | 0.31% |
| Holdings | 146 | 290 |
| YTD Return | +12.15% | +12.91%Best |
| 1Y Return | +10.90% | +13.13%Best |
| Volatility (annualized) | 28.5% | 12.7%Best |
| Max Drawdown | -29.4% | -19.6%Best |
| $10,000 over 2.1 years | $17,571Best | $13,871 |
| Fund Family | Alger | Harbor Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 4, 2024 | Oct 8, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Oct 10, 2024 to Nov 11, 2026 (2.1 years).
ALAI vs INFO 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 2.1 years both funds cover.
ALAI vs INFO Performance
Alger AI Enablers & Adopters ETF (ALAI) is an ETF from Alger and Harbor PanAgora Dynamic Large Cap Core ETF (INFO) is an ETF from Harbor Funds. Over the past year ALAI returned +10.90% while INFO returned +13.13%. Year to date, ALAI is up 12.15% versus a gain of 12.91% for INFO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ALAI has been the more volatile fund, with annualized monthly volatility of 28.5% compared with 12.7% for INFO. 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 -19.6% for INFO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ALAI charges 0.58% per year while INFO charges 0.35%. On a $10,000 position that is $58 vs $35 annually, a gap of $23 per year that compounds over a long holding period. On income, ALAI currently yields 1.31% against 0.31% for INFO.
Holdings Overlap
At least 38.1% of INFO'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.
18 positions in common, counted across the 58 positions we hold weights for in ALAI and 137 in INFO, against full books of 146 and 290.
Top Shared Holdings
| Stock | Weight in ALAI | Weight in INFO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 13.17% | 8.38% | 4.79% |
| MSFTMicrosoft Corp | 8.15% | 6.10% | 2.05% |
| AAPLApple Inc | 1.76% | 8.25% | 6.49% |
| AMZNAmazon.Com Inc | 4.83% | 3.27% | 1.56% |
| METAMeta Platforms Inc | 5.14% | 2.29% | 2.85% |
| AVGOBroadcom Inc | 3.72% | 1.95% | 1.77% |
| MUMicron Technology, Inc. | 2.42% | 1.77% | 0.65% |
| AMDAdvanced Micro Devices Inc | 2.23% | 1.55% | 0.68% |
| STXSeagate Technolo | 3.35% | 0.35% | 3.00% |
| TSLATesla Inc | 1.65% | 1.24% | 0.41% |
38.1% of INFO 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.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ALAI or INFO?
ALAI has an expense ratio of 0.58% while INFO charges 0.35%. INFO is the cheaper option, by $23 a year on a $10,000 investment.
Which performed better, ALAI or INFO?
Over the past year ALAI returned +10.90% vs +13.13% for INFO, so INFO leads on 1-year performance. Over the longest common window we track (2 years), ALAI annualized +30.79% vs +16.86% for INFO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ALAI or INFO?
ALAI has been the more volatile fund at 28.5% annualized versus 12.7% for INFO. Worst drawdown: ALAI -29.4% vs INFO -19.6%.
Should I hold both ALAI and INFO?
ALAI and INFO have a monthly-return correlation of 0.88, 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 INFO?
At least 38.1% of INFO's money is in holdings ALAI also owns. Our book for ALAI is partial, so the real figure is this or higher. They hold 18 positions in common, counted across the 58 positions we hold weights for in ALAI and 137 in INFO.
Which pays a higher dividend, ALAI or INFO?
ALAI yields 1.31% while INFO yields 0.31%, so ALAI currently pays the higher dividend yield.
Is INFO better than ALAI?
INFO has a lower expense ratio. ALAI led over the full window, INFO over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.