ALAI vs NDVG
Alger AI Enablers & Adopters ETF vs Nuveen Dividend Growth ETF
Which is better, ALAI or NDVG?
Each has led over a different period.
ALAI has a lower expense ratio. ALAI led over the full window, NDVG 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 | NDVG |
|---|---|---|
| Expense Ratio | 0.58%Best | 0.65% |
| AUM | $2.1B | $13M |
| Dividend Yield | 1.31% | 1.09% |
| Holdings | 146 | 43 |
| Volatility (annualized) | 22.8% | 9.5%Best |
| Max Drawdown | -29.4% | -14.9%Best |
| $10,000 over 2 years | $17,203Best | $11,781 |
| Fund Family | Alger | Nuveen |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 4, 2024 | Aug 4, 2021 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 219 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. ALAI has data through Nov 11, 2026 and NDVG through Apr 6, 2026.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Apr 5, 2024 to Apr 6, 2026 (2 years).
Risk: Volatility and Drawdowns
ALAI has been the more volatile fund, with annualized monthly volatility of 22.8% compared with 9.5% for NDVG. 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 -14.9% for NDVG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.38. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ALAI charges 0.58% per year while NDVG charges 0.65%. On a $10,000 position that is $58 vs $65 annually, a gap of $7 per year that compounds over a long holding period. On income, ALAI currently yields 1.31% against 1.09% for NDVG.
Holdings Overlap
At least 23.8% of NDVG'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.
NDVG and ALAI share little of their money.
The two holdings books were reported 275 days apart, ALAI as of Oct 2, 2026 and NDVG as of Dec 31, 2025, so some of the difference between them is the time between the two reports rather than the funds.
5 positions in common, counted across the 58 positions we hold weights for in ALAI and 41 in NDVG, against full books of 146 and 43.
23.8% of NDVG 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 NDVG?
ALAI has an expense ratio of 0.58% while NDVG charges 0.65%. ALAI is the cheaper option, by $7 a year on a $10,000 investment.
Which is riskier, ALAI or NDVG?
ALAI has been the more volatile fund at 22.8% annualized versus 9.5% for NDVG. Worst drawdown: ALAI -29.4% vs NDVG -14.9%.
Should I hold both ALAI and NDVG?
ALAI and NDVG have a monthly-return correlation of 0.38, 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 NDVG?
At least 23.8% of NDVG's money is in holdings ALAI also owns. Our book for ALAI is partial, so the real figure is this or higher. They hold 5 positions in common, counted across the 58 positions we hold weights for in ALAI and 41 in NDVG.
Which pays a higher dividend, ALAI or NDVG?
ALAI yields 1.31% while NDVG yields 1.09%, so ALAI currently pays the higher dividend yield.
Is NDVG better than ALAI?
ALAI has a lower expense ratio. ALAI led over the full window, NDVG over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.