ALAI vs PSET
Alger AI Enablers & Adopters ETF vs Principal Quality ETF
Which is better, ALAI or PSET?
ALAI has been ahead.
PSET has a lower expense ratio. ALAI led over 1Y and the full window.
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 | PSET |
|---|---|---|
| Expense Ratio | 0.58% | 0.15%Best |
| AUM | $2.1B | $26M |
| Dividend Yield | 1.31% | 0.69% |
| Holdings | 146 | 150 |
| Volatility (annualized) | 25.8% | 11.5%Best |
| Max Drawdown | -29.4% | -22.0%Best |
| $10,000 over 2.5 years | $21,912Best | $12,108 |
| Fund Family | Alger | Principal Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 4, 2024 | Mar 21, 2016 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 18 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 6, 2026 and PSET through Oct 19, 2026.
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Apr 5, 2024 to Oct 19, 2026 (2.5 years).
Risk: Volatility and Drawdowns
ALAI has been the more volatile fund, with annualized monthly volatility of 25.8% compared with 11.5% for PSET. 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 -22.0% for PSET. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ALAI charges 0.58% per year while PSET charges 0.15%. On a $10,000 position that is $58 vs $15 annually, a gap of $43 per year that compounds over a long holding period. On income, ALAI currently yields 1.31% against 0.69% for PSET.
Holdings Overlap
At least 29.8% of PSET'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.
PSET and ALAI share little of their money.
10 positions in common, counted across the 58 positions we hold weights for in ALAI and 73 in PSET, against full books of 146 and 150.
Top Shared Holdings
| Stock | Weight in ALAI | Weight in PSET | Difference |
|---|---|---|---|
| NVDANvidia Corp | 13.17% | 7.13% | 6.04% |
| MSFTMicrosoft Corp | 8.15% | 4.38% | 3.77% |
| AAPLApple Inc | 1.76% | 6.11% | 4.35% |
| GOOGAlphabet Inc. C | 4.62% | 2.88% | 1.74% |
| AMZNAmazon.Com Inc | 4.83% | 2.27% | 2.56% |
| METAMeta Platforms Inc | 5.14% | 0.97% | 4.17% |
| AVGOBroadcom Inc | 3.72% | 1.19% | 2.53% |
| PANWPalo Alto Networks Inc. | 0.16% | 2.98% | 2.82% |
| ETNEaton Corporation Plc Ordinary Shares | 0.69% | 1.54% | 0.85% |
| TSLATesla Inc | 1.65% | 0.36% | 1.29% |
29.8% of PSET 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 PSET?
ALAI has an expense ratio of 0.58% while PSET charges 0.15%. PSET is the cheaper option, by $43 a year on a $10,000 investment.
Which is riskier, ALAI or PSET?
ALAI has been the more volatile fund at 25.8% annualized versus 11.5% for PSET. Worst drawdown: ALAI -29.4% vs PSET -22.0%.
Should I hold both ALAI and PSET?
ALAI and PSET have a monthly-return correlation of 0.70, 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 PSET?
At least 29.8% of PSET'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 73 in PSET.
Which pays a higher dividend, ALAI or PSET?
ALAI yields 1.31% while PSET yields 0.69%, so ALAI currently pays the higher dividend yield.
Is PSET better than ALAI?
PSET has a lower expense ratio. ALAI led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.