ALAI vs GDEC
Comparison between ALGER AI ENABLERS & ADOPTERS ETF (ALAI, ETF) and FT VEST U.S. EQUITY MODERATE BUFFER ETF - DECEMBER (GDEC, ETF).
ALAI vs GDEC - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
ALAI
$437M
GDEC
$437M
Expense Ratio
Winner
ALAI
0.58%
GDEC
0.85%
Max Drawdown
ALAI
29.36%
Winner
GDEC
10.61%
Sharpe Ratio
Winner
ALAI
1.75
GDEC
1.67
5Y Beta
ALAI
1.53
Winner
GDEC
0.48
P/E Ratio
ALAI
40.54
GDEC
N/A
Forward P/E
ALAI
29.09
GDEC
N/A
PEG Ratio
ALAI
0.38
GDEC
N/A
5Y EPS CAGR
ALAI
41.71%
GDEC
N/A
P/S Ratio
ALAI
2.91
GDEC
N/A
P/B Ratio
ALAI
10.37
GDEC
N/A
ALAI vs GDEC - Historical Returns
Returns include dividend reinvestment.
1M
Winner
ALAI
+8.43%
GDEC
+0.53%
3M
Winner
ALAI
+31.94%
GDEC
+5.23%
6M
Winner
ALAI
+30.51%
GDEC
+5.29%
1Y
Winner
ALAI
+57.99%
GDEC
+15.01%
Max(CAGR)
Winner
ALAI
+46.38%
GDEC
+11.57%
ALAI vs GDEC - Annual Returns (2023 - 2026)
Returns include dividend reinvestment.
| Year | ALAI | GDEC |
|---|---|---|
| 2026 | +25.09% | +4.67% |
| 2025 | +38.27% | +12.13% |
| 2024 | +31.47% | +11.94% |
| 2023 | N/A | +0.46% |
ALAI vs GDEC Drawdown Comparison
The maximum drawdown for ALAI was -29.36%, occurring on Apr 4, 2025. Recovery took 80 trading sessions.
The maximum drawdown for GDEC was -10.61%, occurring on Apr 8, 2025. Recovery took 77 trading sessions.
The current ALAI drawdown is -2.76%. The current GDEC drawdown is -0.63%.
| Rank | ALAI | GDEC |
|---|---|---|
| #1 | -29.36% Feb 14, 2025 - Jun 11, 2025 | -10.61% Feb 19, 2025 - Jun 10, 2025 |
| #2 | -19.51% Oct 29, 2025 - Apr 17, 2026 | -4.79% Feb 9, 2026 - Apr 14, 2026 |
| #3 | -15.99% Jul 10, 2024 - Sep 24, 2024 | -3.21% Jul 16, 2024 - Aug 15, 2024 |
| #4 | -10.43% Jun 1, 2026 - Jun 10, 2026 | -1.90% Mar 27, 2024 - May 6, 2024 |
| #5 | -8.76% Apr 11, 2024 - May 14, 2024 | -1.80% Nov 12, 2025 - Nov 25, 2025 |
| #6 | -7.56% Jan 23, 2025 - Feb 13, 2025 | -1.67% Dec 26, 2024 - Jan 17, 2025 |
| #7 | -5.18% Dec 6, 2024 - Jan 6, 2025 | -1.61% Jun 2, 2026 - Jun 15, 2026 |
| #8 | -5.07% Aug 12, 2025 - Aug 28, 2025 | -1.39% Jan 28, 2026 - Feb 9, 2026 |
| #9 | -4.58% Oct 9, 2025 - Oct 27, 2025 | -1.34% Jul 28, 2025 - Aug 12, 2025 |
| #10 | -4.39% Jan 6, 2025 - Jan 21, 2025 | -1.27% Jan 12, 2026 - Jan 27, 2026 |
| #11 | -4.07% May 14, 2026 - May 21, 2026 | -1.12% Aug 30, 2024 - Sep 13, 2024 |
| #12 | -3.53% Jul 31, 2025 - Aug 7, 2025 | -1.07% Jan 23, 2025 - Feb 6, 2025 |
| #13 | -3.08% May 28, 2024 - Jun 5, 2024 | -0.96% Oct 8, 2025 - Oct 20, 2025 |
| #14 | -2.98% Oct 29, 2024 - Nov 6, 2024 | -0.93% Dec 27, 2023 - Jan 10, 2024 |
| #15 | -2.89% Jun 18, 2024 - Jul 3, 2024 | -0.82% Jan 29, 2024 - Feb 2, 2024 |
Correlation
Correlation between ALAI and GDEC is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.
0.98
-101
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