The Alger Etf Profile

CNEQ Etf   28.15  0.24  0.86%   

Performance

Modest

 
Weak
 
Strong

Odds Of Distress

Low

 
High
 
Low
Alger ETF is selling at 28.15 as of the 23rd of June 2025; that is 0.86 percent up since the beginning of the trading day. The etf's last reported lowest price was 27.74. Alger ETF has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. The performance scores are derived for the period starting the 25th of March 2025 and ending today, the 23rd of June 2025. Click here to learn more.

Moving together with Alger Etf

  0.91VUG Vanguard Growth IndexPairCorr
  0.99IWF iShares Russell 1000PairCorr
  0.99IVW iShares SP 500PairCorr
  0.99SPYG SPDR Portfolio SPPairCorr
  0.99IUSG iShares Core SPPairCorr
  0.99VONG Vanguard Russell 1000PairCorr

Alger Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationSize And Style ETFs, Large Cap ETFs, Large Growth (View all Sectors)
IssuerFred Alger Management
Inception Date2024-04-05
Entity TypeRegulated Investment Company
Asset Under Management43.91 Million
Asset TypeEquity
CategorySize and Style
FocusLarge Cap
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorFred Alger Management, LLC
AdvisorFred Alger Management, LLC
CustodianThe Bank of New York Mellon Corporation
DistributorAlger LLC
Portfolio ManagerAnkur Crawford
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-Dec
ExchangeNYSE Arca, Inc.
Number of Constituents30.0
Market MakerVirtu Financial
Total Expense1.62
Management Fee0.45
200 Day M A24.9574
Country NameUSA
50 Day M A25.5035
CodeCNEQ
Updated At23rd of June 2025
Returns Y T D7.88
NameThe Alger ETF Trust
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01M1K3WN5
TypeETF
1y Volatility23.61
The Alger ETF [CNEQ] is traded in USA and was established null. The fund is listed under Large Growth. The entity is thematically classified as Size And Style ETFs. Alger ETF currently have in assets under management (AUM). , while the total return for the last year was 25.5%.
Check Alger ETF Probability Of Bankruptcy

Geographic Allocation (%)

Alger ETF Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Alger ETF. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Alger ETF Against Markets

When determining whether Alger ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alger ETF's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of The Alger Etf. Outlined below are crucial reports that will aid in making a well-informed decision on The Alger Etf:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Alger ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
The market value of Alger ETF is measured differently than its book value, which is the value of Alger that is recorded on the company's balance sheet. Investors also form their own opinion of Alger ETF's value that differs from its market value or its book value, called intrinsic value, which is Alger ETF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alger ETF's market value can be influenced by many factors that don't directly affect Alger ETF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alger ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alger ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alger ETF's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.