ACGR vs CNEQ
American Century Large Cap Growth ETF vs Alger Concentrated Equity ETF
Which is better, ACGR or CNEQ?
Nearly the same fund. ACGR costs less.
ACGR has a lower expense ratio. CNEQ led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.95.
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 | ACGR | CNEQ |
|---|---|---|
| Expense Ratio | 0.39%Best | 0.56% |
| AUM | $11M | $4.8B |
| Dividend Yield | 0.10% | 0.44% |
| Holdings | 94 | 32 |
| YTD Return | +7.66% | +14.00%Best |
| 1Y Return | +9.05% | +13.77%Best |
| 3Y Return (annualized) | +19.56% | - |
| 5Y Return (annualized) | +11.15% | - |
| Volatility (annualized) | 15.5%Best | 23.0% |
| Max Drawdown | -24.6%Best | -27.6% |
| $10,000 over 2.5 years | $13,964 | $19,604Best |
| Fund Family | American Century Investments | Alger |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Jun 29, 2021 | Apr 4, 2024 |
Not shown on this pair: Top 10 Weight.
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 14, 2026 (2.5 years).
ACGR vs CNEQ 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 2.5 years both funds cover.
ACGR vs CNEQ Performance
American Century Large Cap Growth ETF (ACGR) is an ETF from American Century Investments and Alger Concentrated Equity ETF (CNEQ) is an ETF from Alger. Over the past year ACGR returned +9.05% while CNEQ returned +13.77%. Year to date, ACGR is up 7.66% versus a gain of 14.00% for CNEQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CNEQ has been the more volatile fund, with annualized monthly volatility of 23.0% compared with 15.5% for ACGR. 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 -24.6% for ACGR and -27.6% for CNEQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
ACGR charges 0.39% per year while CNEQ charges 0.56%. On a $10,000 position that is $39 vs $56 annually, a gap of $17 per year that compounds over a long holding period. On income, ACGR currently yields 0.10% against 0.44% for CNEQ.
Holdings Overlap
We hold position weights for 93 holdings in ACGR and 1 in CNEQ, totalling 99.5% and 1.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 93 positions we hold weights for in ACGR and 1 in CNEQ, against full books of 94 and 32.
You are not choosing between two funds in isolation.
Whichever of ACGR and CNEQ 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, ACGR or CNEQ?
ACGR has an expense ratio of 0.39% while CNEQ charges 0.56%. ACGR is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, ACGR or CNEQ?
Over the past year ACGR returned +9.05% vs +13.77% for CNEQ, so CNEQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACGR or CNEQ?
CNEQ has been the more volatile fund at 23.0% annualized versus 15.5% for ACGR. Worst drawdown: ACGR -24.6% vs CNEQ -27.6%.
Should I hold both ACGR and CNEQ?
ACGR and CNEQ have a monthly-return correlation of 0.95, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, ACGR or CNEQ?
ACGR yields 0.10% while CNEQ yields 0.44%, so CNEQ currently pays the higher dividend yield.
Is CNEQ better than ACGR?
ACGR has a lower expense ratio. CNEQ led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.95. Which one suits a particular account depends on what it is for. This is information, not a recommendation.