CAML vs CNEQ
Congress Large Cap Growth ETF vs Alger Concentrated Equity ETF
Which is better, CAML or CNEQ?
CNEQ has been ahead.
CNEQ has a lower expense ratio. CNEQ 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 | CAML | CNEQ |
|---|---|---|
| Expense Ratio | 0.65% | 0.56%Best |
| AUM | $394M | $4.8B |
| Dividend Yield | 0.00% | 0.44% |
| Holdings | 39 | 32 |
| YTD Return | +6.09% | +14.00%Best |
| 1Y Return | +5.81% | +13.77%Best |
| 3Y Return (annualized) | +16.98% | - |
| Volatility (annualized) | 13.8%Best | 23.0% |
| Max Drawdown | -21.1%Best | -27.6% |
| $10,000 over 2.5 years | $13,187 | $19,604Best |
| Fund Family | Congress Asset Management Company | Alger |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Aug 22, 2023 | Apr 4, 2024 |
Not shown on this pair: 5Y Return (annualized), 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).
CAML vs CNEQ 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.
CAML vs CNEQ Performance
Congress Large Cap Growth ETF (CAML) is an ETF from Congress Asset Management Company and Alger Concentrated Equity ETF (CNEQ) is an ETF from Alger. Over the past year CAML returned +5.81% while CNEQ returned +13.77%. Year to date, CAML is up 6.09% versus a gain of 14.00% for CNEQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CNEQ has been the more volatile fund, with annualized monthly volatility of 23.0% compared with 13.8% for CAML. 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 -21.1% for CAML and -27.6% for CNEQ. 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
CAML charges 0.65% per year while CNEQ charges 0.56%. On a $10,000 position that is $65 vs $56 annually, a gap of $9 per year that compounds over a long holding period. On income, CAML currently yields 0.00% against 0.44% for CNEQ.
Holdings Overlap
We hold position weights for 38 holdings in CAML and 1 in CNEQ, totalling 100.0% and 1.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 38 positions we hold weights for in CAML and 1 in CNEQ, against full books of 39 and 32.
You are not choosing between two funds in isolation.
Whichever of CAML and CNEQ 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, CAML or CNEQ?
CAML has an expense ratio of 0.65% while CNEQ charges 0.56%. CNEQ is the cheaper option, by $9 a year on a $10,000 investment.
Which performed better, CAML or CNEQ?
Over the past year CAML returned +5.81% vs +13.77% for CNEQ, so CNEQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CAML or CNEQ?
CNEQ has been the more volatile fund at 23.0% annualized versus 13.8% for CAML. Worst drawdown: CAML -21.1% vs CNEQ -27.6%.
Should I hold both CAML and CNEQ?
CAML and CNEQ 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.
Which pays a higher dividend, CAML or CNEQ?
CAML yields 0.00% while CNEQ yields 0.44%, so CNEQ currently pays the higher dividend yield.
Is CNEQ better than CAML?
CNEQ has a lower expense ratio. CNEQ 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.