ALAI vs CHGX
Alger AI Enablers & Adopters ETF vs Stance Sustainable Beta ETF
Which is better, ALAI or CHGX?
ALAI has been ahead.
CHGX 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 | CHGX |
|---|---|---|
| Expense Ratio | 0.58% | 0.49%Best |
| AUM | $1.6B | $179M |
| Dividend Yield | 1.16% | 0.55% |
| Holdings | 72 | 203 |
| YTD Return | +23.19%Best | +21.11% |
| 1Y Return | +22.58%Best | +20.36% |
| 3Y Return (annualized) | - | +3.83% |
| 5Y Return (annualized) | - | +0.53% |
| Volatility (annualized) | 25.4%Best | 27.0% |
| Max Drawdown | -29.4%Best | -47.3% |
| $10,000 over 2.5 years | $22,583Best | $9,331 |
| Fund Family | Alger | STANCE Capital |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 4, 2024 | Nov 14, 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).
ALAI vs CHGX 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.
ALAI vs CHGX Performance
Alger AI Enablers & Adopters ETF (ALAI) is an ETF from Alger and Stance Sustainable Beta ETF (CHGX) is an ETF from STANCE Capital. Over the past year ALAI returned +22.58% while CHGX returned +20.36%. Year to date, ALAI is up 23.19% versus a gain of 21.11% for CHGX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CHGX has been the more volatile fund, with annualized monthly volatility of 27.0% compared with 25.4% for ALAI. 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 -47.3% for CHGX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.38. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ALAI charges 0.58% per year while CHGX charges 0.49%. On a $10,000 position that is $58 vs $49 annually, a gap of $9 per year that compounds over a long holding period. On income, ALAI currently yields 1.16% against 0.55% for CHGX.
Holdings Overlap
At least 1.2% of CHGX's money is in holdings ALAI also owns.
Stated as a floor: for ALAI, our book for it covers 2.2% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
CHGX and ALAI share little of their money.
1 positions in common, counted across the 1 positions we hold weights for in ALAI and 101 in CHGX, against full books of 72 and 203.
Top Shared Holdings
| Stock | Weight in ALAI | Weight in CHGX | Difference |
|---|---|---|---|
| AMDAdvanced Micro Devices Inc | 2.21% | 1.20% | 1.01% |
You are not choosing between two funds in isolation.
Whichever of ALAI and CHGX 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 CHGX?
ALAI has an expense ratio of 0.58% while CHGX charges 0.49%. CHGX is the cheaper option, by $9 a year on a $10,000 investment.
Which performed better, ALAI or CHGX?
Over the past year ALAI returned +22.58% vs +20.36% for CHGX, so ALAI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ALAI or CHGX?
CHGX has been the more volatile fund at 27.0% annualized versus 25.4% for ALAI. Worst drawdown: ALAI -29.4% vs CHGX -47.3%.
Should I hold both ALAI and CHGX?
ALAI and CHGX have a monthly-return correlation of 0.38, 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 CHGX?
At least 1.2% of CHGX's money is in holdings ALAI also owns. Our book for ALAI is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 1 positions we hold weights for in ALAI and 101 in CHGX.
Which pays a higher dividend, ALAI or CHGX?
ALAI yields 1.16% while CHGX yields 0.55%, so ALAI currently pays the higher dividend yield.
Is CHGX better than ALAI?
CHGX 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.