CNEQ vs PCLC
Alger Concentrated Equity ETF vs Polen 5Perspectives Large Growth ETF
Which is better, CNEQ or PCLC?
PCLC costs less.
PCLC 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 | CNEQ | PCLC |
|---|---|---|
| Expense Ratio | 0.56% | 0.50%Best |
| AUM | $5.4B | $2M |
| Dividend Yield | 0.49% | 0.00% |
| Holdings | 59 | 38 |
| YTD Return | +2.23%Best | -10.07% |
| 1Y Return | +2.55% | - |
| Fund Family | Alger | Polen Capital |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Apr 4, 2024 | May 18, 2026 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
CNEQ vs PCLC 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.
CNEQ vs PCLC Performance
Alger Concentrated Equity ETF (CNEQ) is an ETF from Alger and Polen 5Perspectives Large Growth ETF (PCLC) is an ETF from Polen Capital. Year to date, CNEQ is up 2.23% versus a loss of 10.07% for PCLC.
Past performance does not guarantee future results.
Fees and Cost Over Time
CNEQ charges 0.56% per year while PCLC charges 0.50%. On a $10,000 position that is $56 vs $50 annually, a gap of $6 per year that compounds over a long holding period. On income, CNEQ currently yields 0.49% against 0.00% for PCLC.
Holdings Overlap
At least 53.8% of PCLC's money is in holdings CNEQ also owns.
Stated as a floor: for CNEQ, our book for it covers 93.3% 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.
13 positions in common, counted across the 25 positions we hold weights for in CNEQ and 37 in PCLC, against full books of 59 and 38.
Top Shared Holdings
| Stock | Weight in CNEQ | Weight in PCLC | Difference |
|---|---|---|---|
| NVDANvidia Corp | 14.95% | 10.64% | 4.31% |
| MSFTMicrosoft Corp | 8.69% | 2.53% | 6.16% |
| 2330:TWTaiwan Semiconductor Manufacturing Co Ltd | 5.88% | 4.27% | 1.61% |
| AAPLApple Inc | 5.44% | 3.41% | 2.03% |
| AMZNAmazon.Com Inc | 4.39% | 4.28% | 0.11% |
| AVGOBroadcom Inc | 4.97% | 3.34% | 1.63% |
| AMDAdvanced Micro Devices Inc | 1.99% | 6.24% | 4.25% |
| TSLATesla Inc | 2.93% | 5.03% | 2.10% |
| SPCXSpace Exploration Technologies | 2.05% | 5.02% | 2.97% |
| YNDXYandex Nv Ord Eur.01 Cl A Nasdaq Stock Exchange | 3.79% | 3.07% | 0.72% |
53.8% of PCLC is already inside CNEQ.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, CNEQ or PCLC?
CNEQ has an expense ratio of 0.56% while PCLC charges 0.50%. PCLC is the cheaper option, by $6 a year on a $10,000 investment.
What is the holdings overlap between CNEQ and PCLC?
At least 53.8% of PCLC's money is in holdings CNEQ also owns. Our book for CNEQ is partial, so the real figure is this or higher. They hold 13 positions in common, counted across the 25 positions we hold weights for in CNEQ and 37 in PCLC.
Which pays a higher dividend, CNEQ or PCLC?
CNEQ yields 0.49% while PCLC yields 0.00%, so CNEQ currently pays the higher dividend yield.
Is PCLC better than CNEQ?
PCLC has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.