ALAI vs QIDX
Alger AI Enablers & Adopters ETF vs Indexperts Quality Earnings Focused ETF
Which is better, ALAI or QIDX?
ALAI has been ahead.
QIDX 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 | QIDX |
|---|---|---|
| Expense Ratio | 0.58% | 0.50%Best |
| AUM | $2.1B | $38M |
| Dividend Yield | 1.31% | 0.92% |
| Holdings | 146 | 264 |
| YTD Return | +11.46%Best | +9.55% |
| 1Y Return | +11.14%Best | +9.81% |
| Volatility (annualized) | 29.7% | 9.7%Best |
| Max Drawdown | -29.4% | -15.0%Best |
| $10,000 over 1.9 years | $15,654Best | $11,931 |
| Fund Family | Alger | Indexperts |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 4, 2024 | Dec 31, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Jan 2, 2025 to Nov 12, 2026 (1.9 years).
ALAI vs QIDX 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 1.9 years both funds cover.
ALAI vs QIDX Performance
Alger AI Enablers & Adopters ETF (ALAI) is an ETF from Alger and Indexperts Quality Earnings Focused ETF (QIDX) is an ETF from Indexperts. Over the past year ALAI returned +11.14% while QIDX returned +9.81%. Year to date, ALAI is up 11.46% versus a gain of 9.55% for QIDX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ALAI has been the more volatile fund, with annualized monthly volatility of 29.7% compared with 9.7% for QIDX. 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 -15.0% for QIDX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.44. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ALAI charges 0.58% per year while QIDX charges 0.50%. On a $10,000 position that is $58 vs $50 annually, a gap of $8 per year that compounds over a long holding period. On income, ALAI currently yields 1.31% against 0.92% for QIDX.
Holdings Overlap
At least 10.7% of QIDX'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.
QIDX and ALAI share little of their money.
6 positions in common, counted across the 58 positions we hold weights for in ALAI and 131 in QIDX, against full books of 146 and 264.
You are not choosing between two funds in isolation.
Whichever of ALAI and QIDX 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 QIDX?
ALAI has an expense ratio of 0.58% while QIDX charges 0.50%. QIDX is the cheaper option, by $8 a year on a $10,000 investment.
Which performed better, ALAI or QIDX?
Over the past year ALAI returned +11.14% vs +9.81% for QIDX, so ALAI leads on 1-year performance. Over the longest common window we track (2 years), ALAI annualized +26.60% vs +9.74% for QIDX. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ALAI or QIDX?
ALAI has been the more volatile fund at 29.7% annualized versus 9.7% for QIDX. Worst drawdown: ALAI -29.4% vs QIDX -15.0%.
Should I hold both ALAI and QIDX?
ALAI and QIDX have a monthly-return correlation of 0.44, 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 QIDX?
At least 10.7% of QIDX's money is in holdings ALAI also owns. Our book for ALAI is partial, so the real figure is this or higher. They hold 6 positions in common, counted across the 58 positions we hold weights for in ALAI and 131 in QIDX.
Which pays a higher dividend, ALAI or QIDX?
ALAI yields 1.31% while QIDX yields 0.92%, so ALAI currently pays the higher dividend yield.
Is QIDX better than ALAI?
QIDX 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.