ALAI vs LVOL
Alger AI Enablers & Adopters ETF vs American Century Low Volatility ETF
Which is better, ALAI or LVOL?
ALAI has been ahead.
LVOL 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 | LVOL |
|---|---|---|
| Expense Ratio | 0.58% | 0.29%Best |
| AUM | $1.6B | $9M |
| Dividend Yield | 1.16% | 1.09% |
| Holdings | 72 | 201 |
| Volatility (annualized) | 23.4% | 12.0%Best |
| Max Drawdown | -29.4% | -15.1%Best |
| $10,000 over 1 years | $10,846Best | $10,259 |
| Fund Family | Alger | American Century Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 4, 2024 | Jan 12, 2021 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 540 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 LVOL through Apr 22, 2025.
Volatility and max drawdown, and the $10,000 over 1 years row, are measured over the window both funds cover: Apr 5, 2024 to Apr 22, 2025 (1 years).
Risk: Volatility and Drawdowns
ALAI has been the more volatile fund, with annualized monthly volatility of 23.4% compared with 12.0% for LVOL. 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 -15.1% for LVOL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.56. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ALAI charges 0.58% per year while LVOL charges 0.29%. On a $10,000 position that is $58 vs $29 annually, a gap of $29 per year that compounds over a long holding period. On income, ALAI currently yields 1.16% against 1.09% for LVOL.
You are not choosing between two funds in isolation.
Whichever of ALAI and LVOL 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 LVOL?
ALAI has an expense ratio of 0.58% while LVOL charges 0.29%. LVOL is the cheaper option, by $29 a year on a $10,000 investment.
Which is riskier, ALAI or LVOL?
ALAI has been the more volatile fund at 23.4% annualized versus 12.0% for LVOL. Worst drawdown: ALAI -29.4% vs LVOL -15.1%.
Should I hold both ALAI and LVOL?
ALAI and LVOL have a monthly-return correlation of 0.56, 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 LVOL?
ALAI yields 1.16% while LVOL yields 1.09%, so ALAI currently pays the higher dividend yield.
Is LVOL better than ALAI?
LVOL 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.