The Alger ETF (ALAI) Performance
ALAI total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +16.7% since Dec 31, 2025
- 1 year
- +15.8% total return
- Since first price
- +114.5% since 2024
ALAI trailing returns vs SPY, QQQ, AGG
| Period | ALAI total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −9.7% | −9.7% | −1.0% | −5.0% | +0.9% |
| 3 months | −3.3% | −3.3% | +3.2% | +1.9% | −0.4% |
| 6 months | +8.2% | +8.2% | +7.8% | +8.4% | −1.5% |
| YTD | +16.7% | +16.7% | +12.3% | +15.1% | −1.0% |
| 1 year | +15.8% | +14.0% | +14.4% | +15.9% | −1.1% |
| Since inceptionApr 5, 2024 | +114.5% | +109.9% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: ALAI vs SPY
From Apr 5, 2024: ALAI grew to $21,449, SPY to $15,092.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
ALAI returns by calendar year
1 of 1 full years positive. Best 2025 (+39.8%), worst 2025 (+39.8%). 2026 is year to date.
ALAI annual returns table
| Year | ALAI | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +16.7% | −16.7% | +12.3% | +15.1% | −1.0% |
| 2025 | +39.8% | −29.4% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
ALAI largest drawdowns
Now 12.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 14, 2025 | −29.4% | Apr 4, 2025 | Jun 11, 2025 | 49 days | 4 months |
| Oct 29, 2025 | −19.5% | Mar 30, 2026 | Apr 17, 2026 | 5 months | 6 months |
| Jul 10, 2024 | −16.0% | Aug 5, 2024 | Sep 24, 2024 | 26 days | 2 months |
| Jun 18, 2026 | −13.7% | Jul 29, 2026 | Sep 21, 2026 | 41 days | 3 months |
| Oct 6, 2026 | −12.2% | Oct 23, 2026 | not yet | 17 days | 17 days so far |
| Jun 1, 2026 | −10.4% | Jun 10, 2026 | Jun 18, 2026 | 9 days | 17 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
ALAI risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +46.1% |
| Volatility (annualized) | 25.5% |
| Sharpe ratio | 1.47 |
| Sortino ratio | 3.41 |
| Best month | +19.2% |
| Worst month | −11.0% |
| Best 12 months | +68.6% |
| Worst 12 months | +25.8% |
| Positive months | 66% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
ALAI rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 19 | +11.1% | +40.6% | +68.6% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
ALAI performance overview
The Alger ETF (ALAI) returned +15.8% over the past year, with distributions reinvested. Since its first recorded price on Apr 5, 2024 it has returned +114.5%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −29.4%, from Feb 14, 2025 to Apr 4, 2025, and it took 2 months to get back to the old high. Volatility has been 25.5% a year.
Related: ALAI chart, ALAI holdings, ALAI dividends, ALAI valuation. See the ALAI overview for the latest quote and fund facts.
ALAI performance FAQ
What is the ALAI return over the past year?
ALAI returned +15.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 14.0%.
How much would $10,000 invested in ALAI be worth?
$10,000 invested in ALAI at its first recorded close on April 5, 2024 would be worth about $21,449 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of ALAI?
The largest peak-to-trough decline was −29.4% between February 14, 2025 and April 4, 2025. It recovered to the old high on June 11, 2025, 2 months after the bottom.
How volatile is ALAI?
Over the past history ALAI had an annualized volatility of 25.5% and a Sharpe ratio of 1.47 (excess return over 1–3 month T-bills per unit of risk).