ALAI vs TOAO
Alger AI Enablers & Adopters ETF vs Twin Oak Active Opportunities III ETF
Which is better, ALAI or TOAO?
ALAI costs less.
ALAI 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 | TOAO |
|---|---|---|
| Expense Ratio | 0.58%Best | 0.95% |
| AUM | $2.1B | $418M |
| Dividend Yield | 1.31% | 0.00% |
| Holdings | 146 | 99 |
| YTD Return | +11.46%Best | +5.05% |
| 1Y Return | +11.14% | - |
| Fund Family | Alger | Twin Oak |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 4, 2024 | Apr 24, 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 TOAO 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 TOAO Performance
Alger AI Enablers & Adopters ETF (ALAI) is an ETF from Alger and Twin Oak Active Opportunities III ETF (TOAO) is an ETF from Twin Oak. Year to date, ALAI is up 11.46% versus a gain of 5.05% for TOAO.
Past performance does not guarantee future results.
Fees and Cost Over Time
ALAI charges 0.58% per year while TOAO charges 0.95%. On a $10,000 position that is $58 vs $95 annually, a gap of $37 per year that compounds over a long holding period. On income, ALAI currently yields 1.31% against 0.00% for TOAO.
Holdings Overlap
We hold position weights for 58 holdings in ALAI and 28 in TOAO, totalling 95.0% and 109.2% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 16 positions appear in both.
16 positions in common, counted across the 58 positions we hold weights for in ALAI and 28 in TOAO, against full books of 146 and 99.
Top Shared Holdings
| Stock | Weight in ALAI | Weight in TOAO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 13.17% | 6.55% | 6.62% |
| MSFTMicrosoft Corp | 8.15% | 5.66% | 2.49% |
| AMZNAmazon.Com Inc | 4.83% | 7.15% | 2.32% |
| 2330:TWTaiwan Semiconductor Manufacturing Co Ltd | 5.93% | 4.44% | 1.49% |
| AVGOBroadcom Inc | 3.72% | 5.72% | 2.00% |
| GOOGAlphabet Inc. C | 4.62% | 4.80% | 0.18% |
| METAMeta Platforms Inc | 5.14% | 4.26% | 0.88% |
| AMDAdvanced Micro Devices Inc | 2.23% | 5.39% | 3.16% |
| ASL:ASAsml Holding Nv Unsponsored Adr Ordinary Shares | 0.55% | 6.46% | 5.91% |
| NETCloudflare Inc (180 Day Lockup) | 0.61% | 5.24% | 4.63% |
You are not choosing between two funds in isolation.
Whichever of ALAI and TOAO 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 TOAO?
ALAI has an expense ratio of 0.58% while TOAO charges 0.95%. ALAI is the cheaper option, by $37 a year on a $10,000 investment.
Which pays a higher dividend, ALAI or TOAO?
ALAI yields 1.31% while TOAO yields 0.00%, so ALAI currently pays the higher dividend yield.
Is TOAO better than ALAI?
ALAI has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.