ALAI vs INFO

ALAI vs INFO

Which is better, ALAI or INFO?

ALAI has been ahead.

INFO has a lower expense ratio. ALAI led over 1Y and the full window.

Lower Fees: INFOHigher Returns: ALAI

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

MetricALAIINFO
Expense Ratio0.58%0.35%Best
AUM$1.6B$956M
Dividend Yield1.16%0.31%
Holdings72270
YTD Return+23.19%Best+15.29%
1Y Return+22.58%Best+19.78%
Volatility (annualized)27.6%12.8%Best
Max Drawdown-29.4%-19.6%Best
$10,000 over 2 years$19,171Best$14,109
Fund FamilyAlgerHarbor Funds
CategoryEquityEquity
StyleLarge Cap BlendLarge Cap Blend
InceptionApr 4, 2024Oct 8, 2024

Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.

Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 10, 2024 to Oct 14, 2026 (2 years).

ALAI vs INFO 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 years both funds cover.

Compare ALAI against instead:ALAI vs SPYALAI vs QQQALAI vs VOOALAI vs VTIINFO against:INFO vs VXUS

ALAI vs INFO Performance

Alger AI Enablers & Adopters ETF (ALAI) is an ETF from Alger and Harbor PanAgora Dynamic Large Cap Core ETF (INFO) is an ETF from Harbor Funds. Over the past year ALAI returned +22.58% while INFO returned +19.78%. Year to date, ALAI is up 23.19% versus a gain of 15.29% for INFO.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

ALAI has been the more volatile fund, with annualized monthly volatility of 27.6% compared with 12.8% for INFO. 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 -19.6% for INFO. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

ALAI charges 0.58% per year while INFO charges 0.35%. On a $10,000 position that is $58 vs $35 annually, a gap of $23 per year that compounds over a long holding period. On income, ALAI currently yields 1.16% against 0.31% for INFO.

Holdings Overlap

INFO already in ALAI1.7%

At least 1.7% of INFO'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.

INFO and ALAI share little of their money.

1 positions in common, counted across the 1 positions we hold weights for in ALAI and 151 in INFO, against full books of 72 and 270.

Top Shared Holdings

StockWeight in ALAIWeight in INFODifference
AMDAdvanced Micro Devices Inc2.21%1.74%0.47%

You are not choosing between two funds in isolation.

Whichever of ALAI and INFO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

ALAIINFO

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Frequently Asked Questions

Which is cheaper, ALAI or INFO?

ALAI has an expense ratio of 0.58% while INFO charges 0.35%. INFO is the cheaper option, by $23 a year on a $10,000 investment.

Which performed better, ALAI or INFO?

Over the past year ALAI returned +22.58% vs +19.78% for INFO, so ALAI leads on 1-year performance. Over the longest common window we track (2 years), ALAI annualized +38.46% vs +18.78% for INFO. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, ALAI or INFO?

ALAI has been the more volatile fund at 27.6% annualized versus 12.8% for INFO. Worst drawdown: ALAI -29.4% vs INFO -19.6%.

Should I hold both ALAI and INFO?

ALAI and INFO have a monthly-return correlation of 0.88, 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 INFO?

At least 1.7% of INFO'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 151 in INFO.

Which pays a higher dividend, ALAI or INFO?

ALAI yields 1.16% while INFO yields 0.31%, so ALAI currently pays the higher dividend yield.

Is INFO better than ALAI?

INFO 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.