Performance analysis of ALAI (ALGER AI ENABLERS & ADOPTERS ETF)
Annual Return
Since Apr 5, 2024, ALAI has had an average annual return of +43.26%, outperforming the benchmark SPY, which returned +18.72% annual.
| 2026 | 2025 | 2024 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +24.12% | +39.74% | +31.47% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.72% | -4.56% | -3.44% | +19.22% | +16% | -0.11% | -1.80% | +24.12% | |||||
| 2025 | +4.88% | -6.48% | -11.00% | +3.64% | +17.08% | +11.04% | +7.52% | +1.73% | +11.13% | +2.72% | -4.31% | -0.55% | +39.74% |
| 2024 | -5.46% | +8.26% | +7.45% | -3.84% | +2.97% | +6.31% | +1.70% | +11.10% | +0.51% | +31.47% |
Drawdown analysis of ALAI (ALGER AI ENABLERS & ADOPTERS ETF)
The maximum drawdown for the ALAI was -29.36%, occurring on Apr 4, 2025. Recovery took 46 trading sessions.
The current ALAI drawdown is -4.13%.
Since Apr 5, 2024 ALAI has experienced the following drawdowns:
- 20% or more: 1 time
- 10% or more: 4 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -29.36% | Feb 14, 2025 | 34 | Apr 4, 2025 | 46 | Jun 11, 2025 | 80 |
| -19.51% | Oct 29, 2025 | 103 | Mar 30, 2026 | 13 | Apr 17, 2026 | 116 |
| -15.99% | Jul 10, 2024 | 18 | Aug 5, 2024 | 35 | Sep 24, 2024 | 53 |
| -10.43% | Jun 1, 2026 | 7 | Jun 10, 2026 | 6 | Jun 18, 2026 | 13 |
| -8.76% | Apr 11, 2024 | 6 | Apr 19, 2024 | 17 | May 14, 2024 | 23 |
| -8.30% | Jun 18, 2026 | 19 | Jul 17, 2026 | Ongoing | Ongoing | Ongoing |
| -7.56% | Jan 23, 2025 | 2 | Jan 27, 2025 | 13 | Feb 13, 2025 | 15 |
| -5.17% | Dec 6, 2024 | 8 | Dec 18, 2024 | 11 | Jan 6, 2025 | 19 |
| -5.07% | Aug 12, 2025 | 7 | Aug 21, 2025 | 5 | Aug 28, 2025 | 12 |
| -4.58% | Oct 9, 2025 | 9 | Oct 22, 2025 | 3 | Oct 27, 2025 | 12 |
| -4.38% | Jan 6, 2025 | 4 | Jan 13, 2025 | 5 | Jan 21, 2025 | 9 |
| -4.07% | May 14, 2026 | 3 | May 19, 2026 | 2 | May 21, 2026 | 5 |
| -3.52% | Jul 31, 2025 | 1 | Aug 1, 2025 | 4 | Aug 7, 2025 | 5 |
| -3.08% | May 28, 2024 | 3 | May 31, 2024 | 3 | Jun 5, 2024 | 6 |
| -2.98% | Oct 29, 2024 | 2 | Oct 31, 2024 | 4 | Nov 6, 2024 | 6 |
| -2.89% | Jun 18, 2024 | 3 | Jun 24, 2024 | 7 | Jul 3, 2024 | 10 |
| -2.78% | Sep 22, 2025 | 3 | Sep 25, 2025 | 4 | Oct 1, 2025 | 7 |
| -2.62% | Nov 13, 2024 | 2 | Nov 15, 2024 | 2 | Nov 19, 2024 | 4 |
| -2.59% | Jun 30, 2025 | 1 | Jul 1, 2025 | 8 | Jul 14, 2025 | 9 |
| -2.51% | Aug 28, 2025 | 2 | Sep 2, 2025 | 3 | Sep 5, 2025 | 5 |
| -1.87% | Sep 26, 2024 | 3 | Oct 1, 2024 | 3 | Oct 4, 2024 | 6 |
| -1.79% | Jul 18, 2025 | 2 | Jul 22, 2025 | 2 | Jul 24, 2025 | 4 |
| -1.64% | Oct 14, 2024 | 1 | Oct 15, 2024 | 3 | Oct 18, 2024 | 4 |
| -1.62% | Apr 27, 2026 | 1 | Apr 28, 2026 | 3 | May 1, 2026 | 4 |
| -1.56% | Oct 22, 2024 | 1 | Oct 23, 2024 | 4 | Oct 29, 2024 | 5 |