ALAI vs KALL
Alger AI Enablers & Adopters ETF vs KraneShares MSCI All China Index ETF
Which is better, ALAI or KALL?
ALAI has been ahead.
KALL 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 | KALL |
|---|---|---|
| Expense Ratio | 0.58% | 0.49%Best |
| AUM | $1.6B | $9M |
| Dividend Yield | 1.16% | 2.19% |
| Holdings | 72 | 210 |
| Volatility (annualized) | 25.1% | 23.9%Best |
| Max Drawdown | -29.4% | -28.0%Best |
| $10,000 over 1.1 years | $13,666Best | $12,492 |
| Fund Family | Alger | KraneShares |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 4, 2024 | Feb 12, 2015 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 512 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. ALAI has data through Oct 14, 2026 and KALL through May 20, 2025.
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Apr 5, 2024 to May 20, 2025 (1.1 years).
Risk: Volatility and Drawdowns
ALAI has been the more volatile fund, with annualized monthly volatility of 25.1% compared with 23.9% for KALL. 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 -28.0% for KALL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.02. They move largely independently of each other.
Fees and Cost Over Time
ALAI charges 0.58% per year while KALL 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 2.19% for KALL.
You are not choosing between two funds in isolation.
Whichever of ALAI and KALL 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 KALL?
ALAI has an expense ratio of 0.58% while KALL charges 0.49%. KALL is the cheaper option, by $9 a year on a $10,000 investment.
Which is riskier, ALAI or KALL?
ALAI has been the more volatile fund at 25.1% annualized versus 23.9% for KALL. Worst drawdown: ALAI -29.4% vs KALL -28.0%.
Should I hold both ALAI and KALL?
ALAI and KALL have a monthly-return correlation of -0.02, 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, ALAI or KALL?
ALAI yields 1.16% while KALL yields 2.19%, so KALL currently pays the higher dividend yield.
Is KALL better than ALAI?
KALL 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.