Español 
Deutsch 
Français 
MSCI World Index (MSC)
NASDAQ Composite (NASDAQ)
FTSE China A50 Index (FGI)
STOXX Europe 600 (SIX)
Nikkei 300 (OSA)
NIFTY 50 (NSE)
DAX Performance Index (XETRA)
FTSE 100 (FGI)
CAC 40 (EURONEXT)
Alger Russell Innovation ETF (INVN)
About this ETF
Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in the securities of the underlying index. The underlying index is comprised of U.S. equity securities that the manager believes represent innovative companies that the market has not yet recognized which are developing or benefitting from new products, services, technologies, or advancements.
Price
Top 10 holdings
| Enphase Energy, Inc. ENPH | 2.29% |
| F5, Inc. FFIV | 2.24% |
| Illumina, Inc. ILMN | 2.19% |
| Expedia Group, Inc. EXPE | 2.17% |
| Etsy, Inc. ETSY | 2.15% |
| BioMarin Pharmaceutical Inc. BMRN | 2.14% |
| UiPath, Inc. Class A PATH | 2.13% |
| CCC Intelligent Solutions Holdings Inc CCCS | 2.12% |
| Amdocs Limited DOX | 2.11% |
| Nutanix, Inc. Class A NTNX | 2.11% |
Sector mix
No sector breakdown available for this fund.
Price chart
Returns
| 1 month | +9.31% |
| 3 months | +28.72% |
| 6 months | +3.43% |
| Year to date | +5.82% |
| 1 year | +16.13% |
| 3 years (ann.) | — |
| 5 years (ann.) | — |
| 10 years (ann.) | — |
Risk profile
| Volatility (1y, ann.) | 22.32% |
| Sharpe (1y) | 0.78 |
| Sharpe (3y) | — |
| Sortino (1y) | 1.23 |
| Max drawdown (1y) | -20.37% |
| Max drawdown (5y) | — |
| Max drawdown (full) | -37.96% |
| Beta vs S&P 500 (1y) | 0.92 |
| Correlation vs S&P 500 (1y) | 0.52 |
Technical outlook as of 2026-07-13
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Geographic exposure
Cost vs. peers
Comparison universe: 6,948 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2025-12-18 | 2025-12-31 | USD 0.0620 |
ESG profile
Benchmark: average of 4,066 funds of the same asset class with derived ESG data.
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 1.05% | +19.93% | 1.48 |
| Vanguard S&P 500 ETF VOO | 0.03% | 1.70T | 1.07% | +19.68% | 1.49 |
| iShares Core S&P 500 ETF IVV | 0.03% | 894.38B | 1.09% | +19.68% | 1.49 |
| State Street SPDR S&P 500 ETF SPY | 0.09% | 789.23B | 1.00% | +19.71% | 1.49 |
| SPDR S&P 500 ETF Trust 1557.T | 0.09% | 789.09B | 0.49% | +37.54% | 2.26 |
| State Street SPDR S&P 500 ETF SPY.AX | 0.09% | 788.13B | 1.00% | +11.84% | 1.13 |
| Vanguard Total International Stock ETF VXUS | 0.05% | 652.30B | 2.61% | +20.58% | 1.21 |
| Invesco QQQ Trust, Series 1 QQQ | 0.18% | 481.14B | 0.43% | +28.14% | 1.43 |
| Vanguard Growth ETF VUG | 0.03% | 393.80B | 0.39% | +16.85% | 0.99 |
| Vanguard FTSE Developed Markets ETF VEA | 0.03% | 317.30B | 2.60% | +21.64% | 1.23 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| Vanguard Small-Cap ETF VB | 0.03% | 182.70B | 4.2% |
| Vanguard Value ETF VTV | 0.03% | 245.00B | 3.8% |
| Vanguard Information Technology ETF VGT | 0.09% | 170.10B | 3.3% |
| Vanguard Mid-Cap ETF VO | 0.03% | 218.80B | 2.0% |
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 2.0% |
