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CNEQ
+1.94 · +6.00%
$34.31 · NYSE ARCA

The Alger ETF Trust (CNEQ) ETF Analysis | Large Growth

Alger · USA
AUM:$242.4M
#– of – in Large Growth ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Up 25.0% over the past year, reflecting strong price momentum.

Cost Efficiency

Ongoing charge of 0.55% — moderate cost. Consider how fees compound over long holding periods.

What is CNEQ?

Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of large-cap companies that the Manager believes demonstrate promising growth potential. The fund manager intends to invest a substantial portion of its assets in a smaller number of issuers.

Performance Highlights

Returns (%)
Top Sectors (%)

Investment Breakdown

Strong Recent Performance
CNEQ delivered 25.0% over the past year. Historical returns only — past performance is not indicative of future results.
Moderate Cost
Expense ratio of 0.55%. Consider how fees compound over a long holding period.
Concentrated Holdings
Top 10 holdings account for 65.4% of the ETF — significant weight in a small number of names.
ETF Information
AUM$242.4M
Expense Ratio0.55%
Dividend Yield0.53%
Holdings28
Inception DateApr 2024
Domicile–
Distribution–
Index–
ProviderAlger
Beta–
CategoryLarge Growth
CurrencyUSD
Portfolio Impact

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
+20.8%
1Y
+22.2%
3Y
+98.6%
5Y
+98.6%
OpenBook InsightIf you had invested £10,000 in CNEQ 5 years ago, it would have grown to £19,858 — a gain of £9,858.

Annual Returns

Calendar year performance

CNEQ delivered positive returns in 3 of the last 3 calendar years.
YearCNEQ
2026 YTD+14.7%
2025+32.3%
2024+28.8%
CAGR 2yr+30.6%
3/3 positive yearsAvg return: +25.3%Worst year: +14.7% (2026)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: MIXED
Trend Strength
67%
Positive
Volatility
27.1%
Moderate
Momentum
+3.0%
30-day change
Support Level
38.99
Key floor
Key Insights
  • Price is consolidating, with low momentum over the recent period.
  • Monitor key support and resistance levels as part of broader risk assessment.
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