ALAI vs JLCO
Alger AI Enablers & Adopters ETF vs John Hancock Large Cap Opportunities ETF
Which is better, ALAI or JLCO?
JLCO costs less.
JLCO has a lower expense ratio.
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 | JLCO |
|---|---|---|
| Expense Ratio | 0.58% | 0.39%Best |
| AUM | $2.1B | $10M |
| Dividend Yield | 1.31% | 0.00% |
| Holdings | 146 | 111 |
| YTD Return | +11.46%Best | +0.57% |
| 1Y Return | +11.14% | - |
| Fund Family | Alger | John Hancock Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 4, 2024 | Jul 14, 2026 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
ALAI vs JLCO 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
ALAI vs JLCO Performance
Alger AI Enablers & Adopters ETF (ALAI) is an ETF from Alger and John Hancock Large Cap Opportunities ETF (JLCO) is an ETF from John Hancock Investment Management. Year to date, ALAI is up 11.46% versus a gain of 0.57% for JLCO.
Past performance does not guarantee future results.
Fees and Cost Over Time
ALAI charges 0.58% per year while JLCO charges 0.39%. On a $10,000 position that is $58 vs $39 annually, a gap of $19 per year that compounds over a long holding period. On income, ALAI currently yields 1.31% against 0.00% for JLCO.
Holdings Overlap
At least 34.0% of JLCO'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.
10 positions in common, counted across the 58 positions we hold weights for in ALAI and 54 in JLCO, against full books of 146 and 111.
Top Shared Holdings
| Stock | Weight in ALAI | Weight in JLCO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 13.17% | 5.65% | 7.52% |
| MSFTMicrosoft Corp | 8.15% | 8.22% | 0.07% |
| AMZNAmazon.Com Inc | 4.83% | 6.17% | 1.34% |
| AVGOBroadcom Inc | 3.72% | 3.00% | 0.72% |
| AMDAdvanced Micro Devices Inc | 2.23% | 3.35% | 1.12% |
| MUMicron Technology, Inc. | 2.42% | 1.55% | 0.87% |
| FCXFreeport-mcmoran Copper & Gold Inc. | 0.46% | 1.57% | 1.11% |
| ANETArista Networks, Inc | 0.36% | 1.57% | 1.21% |
| PANWPalo Alto Networks Inc. | 0.16% | 1.66% | 1.50% |
| SNSharkninja Inc | 0.39% | 1.29% | 0.90% |
34.0% of JLCO 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 JLCO?
ALAI has an expense ratio of 0.58% while JLCO charges 0.39%. JLCO is the cheaper option, by $19 a year on a $10,000 investment.
What is the holdings overlap between ALAI and JLCO?
At least 34.0% of JLCO's money is in holdings ALAI also owns. Our book for ALAI is partial, so the real figure is this or higher. They hold 10 positions in common, counted across the 58 positions we hold weights for in ALAI and 54 in JLCO.
Which pays a higher dividend, ALAI or JLCO?
ALAI yields 1.31% while JLCO yields 0.00%, so ALAI currently pays the higher dividend yield.
Is JLCO better than ALAI?
JLCO has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.