CNEQ vs VXUS
Alger Concentrated Equity ETF vs Vanguard Total International Stock ETF
Which is better, CNEQ or VXUS?
Large Cap Growth against Large Cap Blend.
VXUS has a lower expense ratio. CNEQ led over the full window, VXUS 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 | CNEQ | VXUS |
|---|---|---|
| Expense Ratio | 0.56% | 0.05%Best |
| AUM | $2.4B | $158.1B |
| Dividend Yield | 0.46% | 2.51% |
| Holdings | 31 | 8,747 |
| YTD Return | +15.04%Best | +14.48% |
| 1Y Return | +18.03% | +22.28%Best |
| 3Y Return (annualized) | - | +20.00% |
| 5Y Return (annualized) | - | +8.91% |
| Volatility (annualized) | 23.2% | 11.2%Best |
| Max Drawdown | -27.6% | -13.6%Best |
| $10,000 over 2.4 years | $19,723Best | $15,446 |
| Fund Family | Alger | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Apr 4, 2024 | Jan 26, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: Apr 5, 2024 to Sep 11, 2026 (2.4 years).
CNEQ vs VXUS 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 2.4 years both funds cover.
CNEQ vs VXUS Performance
Alger Concentrated Equity ETF (CNEQ) is an ETF from Alger and Vanguard Total International Stock ETF (VXUS) is an ETF from Vanguard (US). Over the past year CNEQ returned +18.03% while VXUS returned +22.28%. Year to date, CNEQ is up 15.04% versus a gain of 14.48% for VXUS.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CNEQ has been the more volatile fund, with annualized monthly volatility of 23.2% compared with 11.2% for VXUS. 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 -27.6% for CNEQ and -13.6% for VXUS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.43. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CNEQ charges 0.56% per year while VXUS charges 0.05%. On a $10,000 position that is $56 vs $5 annually, a gap of $51 per year that compounds over a long holding period. On income, CNEQ currently yields 0.46% against 2.51% for VXUS.
Holdings Overlap
We hold position weights for 29 holdings in CNEQ and 8,091 in VXUS, totalling 94.0% and 87.7% 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, 1 positions appear in both.
1 positions in common, counted across the 29 positions we hold weights for in CNEQ and 8,091 in VXUS, against full books of 31 and 8,747.
Top Shared Holdings
| Stock | Weight in CNEQ | Weight in VXUS | Difference |
|---|---|---|---|
| GFL:CAGfl Environmental Inc | 1.28% | 0.02% | 1.26% |
You are not choosing between two funds in isolation.
Whichever of CNEQ and VXUS 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, CNEQ or VXUS?
CNEQ has an expense ratio of 0.56% while VXUS charges 0.05%. VXUS is the cheaper option, by $51 a year on a $10,000 investment.
Which performed better, CNEQ or VXUS?
Over the past year CNEQ returned +18.03% vs +22.28% for VXUS, so VXUS leads on 1-year performance. Over the longest common window we track (2 years), CNEQ annualized +32.71% vs +19.86% for VXUS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CNEQ or VXUS?
CNEQ has been the more volatile fund at 23.2% annualized versus 11.2% for VXUS. Worst drawdown: CNEQ -27.6% vs VXUS -13.6%.
Should I hold both CNEQ and VXUS?
CNEQ and VXUS have a monthly-return correlation of 0.43, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, CNEQ or VXUS?
CNEQ yields 0.46% while VXUS yields 2.51%, so VXUS currently pays the higher dividend yield.
Is VXUS better than CNEQ?
VXUS has a lower expense ratio. CNEQ led over the full window, VXUS over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.