ALAI vs JHDG
Alger AI Enablers & Adopters ETF vs John Hancock Hedged Equity ETF
Which is better, ALAI or JHDG?
JHDG costs less.
JHDG 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 | ALAI | JHDG |
|---|---|---|
| Expense Ratio | 0.58% | 0.49%Best |
| AUM | $1.6B | $128M |
| Dividend Yield | 1.16% | 0.18% |
| Holdings | 72 | 117 |
| YTD Return | +23.19%Best | +10.57% |
| 1Y Return | +22.58% | - |
| Fund Family | Alger | John Hancock Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 4, 2024 | Apr 8, 2026 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
ALAI vs JHDG 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.
ALAI vs JHDG Performance
Alger AI Enablers & Adopters ETF (ALAI) is an ETF from Alger and John Hancock Hedged Equity ETF (JHDG) is an ETF from John Hancock Investment Management. Year to date, ALAI is up 23.19% versus a gain of 10.57% for JHDG.
Past performance does not guarantee future results.
Fees and Cost Over Time
ALAI charges 0.58% per year while JHDG 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 0.18% for JHDG.
Holdings Overlap
At least 3.1% of JHDG'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.
JHDG and ALAI share little of their money.
1 positions in common, counted across the 1 positions we hold weights for in ALAI and 55 in JHDG, against full books of 72 and 117.
Top Shared Holdings
| Stock | Weight in ALAI | Weight in JHDG | Difference |
|---|---|---|---|
| AMDAdvanced Micro Devices Inc | 2.21% | 3.06% | 0.85% |
You are not choosing between two funds in isolation.
Whichever of ALAI and JHDG 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 JHDG?
ALAI has an expense ratio of 0.58% while JHDG charges 0.49%. JHDG is the cheaper option, by $9 a year on a $10,000 investment.
What is the holdings overlap between ALAI and JHDG?
At least 3.1% of JHDG'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 55 in JHDG.
Which pays a higher dividend, ALAI or JHDG?
ALAI yields 1.16% while JHDG yields 0.18%, so ALAI currently pays the higher dividend yield.
Is JHDG better than ALAI?
JHDG has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.