CNEQ vs WIP

Comparison between ALGER CONCENTRATED EQUITY ETF (CNEQ, ETF) and SPDR(R) FTSE INTERNATIONAL GOVERNMENT INFLATION-PROTECTED BOND ETF (WIP, ETF).

CNEQ vs WIP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CNEQ(ETF)	WIP(ETF)
Net Assets	$503M	$502M
Expense Ratio	0.56%	0.50%
Max Drawdown	27.58%	44.40%
Sharpe Ratio	1.45	0.60
5Y Beta	1.44	0.16
P/E Ratio	42.98	N/A
Forward P/E	30.22	N/A
PEG Ratio	0.37	N/A
5Y Dividends CAGR	N/A	11.33%
5Y EPS CAGR	42.94%	N/A
P/S Ratio	3.99	N/A
P/B Ratio	8.68	N/A

Net Assets

Winner

CNEQ

$503M

WIP

$502M

Expense Ratio

CNEQ

0.56%

Winner

WIP

0.50%

Max Drawdown

Winner

CNEQ

27.58%

WIP

44.40%

Sharpe Ratio

Winner

CNEQ

1.45

WIP

0.60

5Y Beta

CNEQ

1.44

Winner

WIP

0.16

P/E Ratio

CNEQ

42.98

WIP

N/A

Forward P/E

CNEQ

30.22

WIP

N/A

PEG Ratio

CNEQ

0.37

WIP

N/A

5Y Dividends CAGR

CNEQ

N/A

WIP

11.33%

5Y EPS CAGR

CNEQ

42.94%

WIP

N/A

P/S Ratio

CNEQ

3.99

WIP

N/A

P/B Ratio

CNEQ

8.68

WIP

N/A

CNEQ vs WIP - Historical Returns

Returns include dividend reinvestment.

Period	CNEQ	WIP
1 month	+5.31%	-0.70%
3 months	+18.54%	+1.05%
6 months	+12.00%	+4.17%
1 year	+41.20%	+9.03%
5 years(CAGR)	N/A	-0.89%
10 years(CAGR)	N/A	+1.51%
Max(CAGR)	+36.30%	+1.23%

Winner

CNEQ

+5.31%

WIP

-0.70%

Winner

CNEQ

+18.54%

WIP

+1.05%

Winner

CNEQ

+12.00%

WIP

+4.17%

Winner

CNEQ

+41.20%

WIP

+9.03%

5Y(CAGR)

CNEQ

N/A

WIP

-0.89%

10Y(CAGR)

CNEQ

N/A

WIP

+1.51%

Max(CAGR)

Winner

CNEQ

+36.30%

WIP

+1.23%

CNEQ vs WIP - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	CNEQ	WIP
2026	+12.99%	+3.58%
2025	+32.33%	+15.10%
2024	+28.84%	-7.26%
2023	N/A	+9.33%
2022	N/A	-14.92%
2021	N/A	-3.85%
2020	N/A	+8.19%
2019	N/A	+8.74%
2018	N/A	-6.13%
2017	N/A	+12.80%
2016	N/A	+4.58%
2015	N/A	-9.68%
2014	N/A	+0.52%
2013	N/A	-5.45%
2012	N/A	+13.80%
2011	N/A	+2.43%
2010	N/A	+5.49%
2009	N/A	+17.38%
2008	N/A	-18.73%

CNEQ vs WIP Drawdown Comparison

The maximum drawdown for CNEQ was -27.58%, occurring on Apr 8, 2025. Recovery took 77 trading sessions.

The maximum drawdown for WIP was -29.59%, occurring on Nov 21, 2008. Recovery took 559 trading sessions.

The current CNEQ drawdown is -5.97%. The current WIP drawdown is -4.78%.

Rank	CNEQ	WIP
#1	-27.58% Feb 14, 2025 - Jun 6, 2025	-29.59% Jul 15, 2008 - Oct 1, 2010
#2	-19.31% Oct 29, 2025 - Apr 24, 2026	-28.84% Jun 10, 2021 - Sep 27, 2022
#3	-15.11% Jul 10, 2024 - Sep 25, 2024	-20.04% Jan 26, 2018 - Nov 16, 2020
#4	-7.66% Apr 11, 2024 - May 15, 2024	-19.13% Jul 23, 2014 - Jan 23, 2018
#5	-7.47% Jan 23, 2025 - Feb 14, 2025	-11.08% Aug 17, 2011 - Sep 7, 2012
#6	-5.97% Jun 2, 2026 - Jun 5, 2026	-10.51% May 1, 2013 - Jun 30, 2014
#7	-5.20% Oct 9, 2025 - Oct 28, 2025	-7.74% Nov 4, 2010 - Mar 21, 2011
#8	-4.68% Jan 6, 2025 - Jan 22, 2025	-5.48% Dec 31, 2020 - Jun 4, 2021
#9	-4.56% Dec 16, 2024 - Jan 6, 2025	-4.07% Apr 29, 2011 - Jul 29, 2011
#10	-4.25% Aug 12, 2025 - Sep 8, 2025	-4.00% Mar 27, 2008 - Jul 11, 2008
#11	-3.79% May 14, 2026 - May 21, 2026	-3.32% Jan 14, 2013 - Apr 29, 2013
#12	-3.42% Oct 29, 2024 - Nov 6, 2024	-2.86% Aug 3, 2011 - Aug 15, 2011
#13	-3.14% Jun 18, 2024 - Jul 3, 2024	-2.81% Oct 14, 2010 - Nov 4, 2010
#14	-2.88% Dec 6, 2024 - Dec 16, 2024	-1.58% Oct 17, 2012 - Nov 28, 2012
#15	-2.79% Nov 8, 2024 - Nov 19, 2024	-1.40% Dec 31, 2012 - Jan 11, 2013

Correlation

Correlation between CNEQ and WIP is 0.84 which considered as a strong positive correlation - the stocks tend to move together.

0.84

-101

Dividend Comparison (2008 - 2026)

CNEQ vs WIP dividend yield comparison.

Year	CNEQ	WIP
2026	0.00%	2.60%
2025	0.52%	5.51%
2024	0.16%	6.06%
2023	0.00%	6.54%
2022	0.00%	11.15%
2021	0.00%	4.63%
2020	0.00%	1.59%
2019	0.00%	2.49%
2018	0.00%	4.05%
2017	0.00%	1.91%
2016	0.00%	1.27%
2015	0.00%	1.14%
2014	0.00%	2.56%
2013	0.00%	2.38%
2012	0.00%	2.48%
2011	0.00%	4.65%
2010	0.00%	2.36%
2009	0.00%	0.75%
2008	0.00%	5.40%