CNEQ vs PCLC
Alger Concentrated Equity ETF vs Polen 5Perspectives Large Growth ETF
Which is better, CNEQ or PCLC?
PCLC costs less.
PCLC 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 | CNEQ | PCLC |
|---|---|---|
| Expense Ratio | 0.56% | 0.50%Best |
| AUM | $4.8B | $1M |
| Dividend Yield | 0.44% | 0.00% |
| Holdings | 32 | 39 |
| YTD Return | +14.00%Best | +1.32% |
| 1Y Return | +13.77% | - |
| Fund Family | Alger | Polen Capital |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Apr 4, 2024 | May 18, 2026 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
CNEQ vs PCLC 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.
CNEQ vs PCLC Performance
Alger Concentrated Equity ETF (CNEQ) is an ETF from Alger and Polen 5Perspectives Large Growth ETF (PCLC) is an ETF from Polen Capital. Year to date, CNEQ is up 14.00% versus a gain of 1.32% for PCLC.
Past performance does not guarantee future results.
Fees and Cost Over Time
CNEQ charges 0.56% per year while PCLC charges 0.50%. On a $10,000 position that is $56 vs $50 annually, a gap of $6 per year that compounds over a long holding period. On income, CNEQ currently yields 0.44% against 0.00% for PCLC.
Holdings Overlap
At least 5.0% of PCLC's money is in holdings CNEQ also owns.
Stated as a floor: for CNEQ, our book for it covers 1.8% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
PCLC and CNEQ share little of their money.
1 positions in common, counted across the 1 positions we hold weights for in CNEQ and 39 in PCLC, against full books of 32 and 39.
Top Shared Holdings
| Stock | Weight in CNEQ | Weight in PCLC | Difference |
|---|---|---|---|
| AMDAdvanced Micro Devices Inc | 1.79% | 4.95% | 3.16% |
You are not choosing between two funds in isolation.
Whichever of CNEQ and PCLC 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, CNEQ or PCLC?
CNEQ has an expense ratio of 0.56% while PCLC charges 0.50%. PCLC is the cheaper option, by $6 a year on a $10,000 investment.
What is the holdings overlap between CNEQ and PCLC?
At least 5.0% of PCLC's money is in holdings CNEQ also owns. Our book for CNEQ 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 CNEQ and 39 in PCLC.
Which pays a higher dividend, CNEQ or PCLC?
CNEQ yields 0.44% while PCLC yields 0.00%, so CNEQ currently pays the higher dividend yield.
Is PCLC better than CNEQ?
PCLC has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.