CNEQ 주가 전망 및 ETF 분석 - 배당·운용보수·보유종목·NAV·RSI·MACD

CNEQ

Alger Concentrated Equity ETF

7월 28일 11:22 AM ET (한국 7/29 24:22)

$37.66

-0.23 ▼ -0.61%

CNEQ ETF is analyzed across 10 metrics including expense ratio, holdings, sector allocation, dividends, RSI, and MACD.

Total Expense Ratio

0.56%

Annual operating cost

Net Assets (AUM)

$881M

약 1조원

Holdings

31 items

Dividend Yield

Management Style

Active

Category ⓘ	US Equities - US Style	Asset Type ⓘ	Equities (Stocks)	Return% 1Y ⓘ	25.2%	Total Holdings ⓘ	31	Perf Week ⓘ	-2.21%
ETF Type ⓘ	US Equities	Active/Passive ⓘ	Active	Return% 3Y ⓘ	-	AUM ⓘ	$881M	Perf Month ⓘ	-4.83%
Expense ⓘ	0.56%	NAV ⓘ	$37.82	Return% 5Y ⓘ	-	52W High ⓘ	-10.65%	Perf Quarter ⓘ	2.36%
Dividend TTM ⓘ	-	Div Gr. 3/5Y ⓘ	-	Return% 10Y ⓘ	-	52W Low ⓘ	27.79%	Perf Half Y ⓘ	9.38%
Flows% 1M ⓘ	33.25%	Flows% YTD ⓘ	233.54%	Return% SI ⓘ	32.08%	Volatility(W/M) ⓘ	1.75% 2.28%	Perf YTD ⓘ	9.54%
SMA20 ⓘ	-4.79%	SMA50 ⓘ	-5.53%	SMA200 ⓘ	5.44%	RSI (14) ⓘ	38.66	Beta ⓘ	1.77
IPO ⓘ	2024/4/5	Prev Close ⓘ	$37.89	Perf Year ⓘ	23.1%	Avg Volume ⓘ	0.21M	Price ⓘ	$37.66

📊 Alger Concentrated Equity ETF (CNEQ) Investment Analysis

ETF Overview

Alger Concentrated Equity ETF · US Equities - US Style

액티브 운용 — 펀드매니저가 종목을 선별해 초과수익 추구

2024년 상장, 2년 운영 중.

Alger Concentrated Equity ETF는 장기 자본 증식을 목표로 합니다. 운용사가 유망한 성장 잠재력을 보인다고 판단하는 대형주 주식에 주로 투자합니다. 총자산의 25% 이상을 소프트웨어, 기술 하드웨어 스토리지 및 주변기기, 반도체 및 반도체 장비, IT 서비스, 전자기기 기구·부품, 통신장비, 광범위 소매, 인터랙티브 미디어·서비스 등 관련 업종 기업에 투자합니다. 비분산 투자 펀드입니다.

📘 CNEQ ETF 자세히 알아보기 →

U.S.equitytechnologysoftware

규모: $881M 약 1조원
운용사: Alger
운용 방식: 액티브 (운용사 재량)
상장일: 2024년

Cost Efficiency

Annual Expense Ratio · Category Rank · Long-Term Cost Impact

Average expense ratio — 0.56% annually

Mid-range within the US Equities - US Style category.

Effective Annual Expense Ratio (Net Expense Ratio)

평균권

0.56%

My positionMid-range

Low range Average High range

Actual Cost Simulation by Investment Amount

$100.0M

Annual Expense Ratio

$560K

Pay $140K more per year vs. category average

Category Median Annual Cost

$420K

Based on expense ratio of 0.42%

10-Year Cumulative Expense Ratio (Long-term simulation assuming 7% annual market growth)

$10.1M

10.4% of returns you could have earned goes to the fund manager due to fees

💡 Because the expense ratio takes a slice of your assets every year, costs compound over 10 years and result in far greater losses than a simple sum (annual fee × 10). The 7% annual return assumption is based on the S&P 500's long-term average.

Defaults shown against $100K baseline portfolio. Adjust the slider to update the amount in real time.

Cheaper alternatives in the same category

Schwab U.S. Large-Cap Growth ETF

0.04%

-0.52%p annually

* A lower fee does not necessarily mean a better ETF. Consider the tracked index, liquidity, and tax treatment as well.

Long-Term Performance

1-year · 3-year · 5-year · 10-year returns · vs. benchmark · drawdown defense

Insufficient return data

+7.4%p vs. benchmark (SPY) over 1Y.

ℹ️ The "1Y·3Y·5Y·10Y" periods below represent annualized returns (CAGR) measured backward from today. Example: "3Y +12%" means the investment grew at a compounded 12% per year over the past three years.

If you had invested 1 year(s) ago

$100.0M

Today's value

$125.2M

→

Total gain

+$25.2M

Annualized +25.2%

1 Year

2025.07 ~ 2026.07

Annualized +25.20%

평균권

Outperformed the benchmark by 7.4%p annually

My positionMid-range

Low range Average High range

3 Years

2023.07 ~ 2026.07

Listed 2024/4 — under 3 years

5 Years

2021.07 ~ 2026.07

Listed 2024/4 — under 5 years

10Y

2016.07 ~ 2026.07

Listed 2024/4 — under 10 years

2Y Cumulative Total Return Curve

2024-04-05 start, based on a 100M KRW base — read the curve values directly as units of 100M KRW (e.g., 308 → 3.08억 / 308M KRW). Both this ETF and the benchmark are rebased to 100 on the same start date for comparison.

CNEQ · Price Only CNEQ · Price + Cumulative Dividends CNEQ · Dividend Reinvested S&P 500 (SPY)

100

150

200

250

ℹ️ Price Only: Excludes dividends and tracks pure stock price only. Covered-call and high-dividend ETFs often show a flat or declining line on this view, which is meaningful from a "principal preservation" standpoint. Price + Cumulative Dividend: Share count stays the same and received dividends are accumulated as cash. Closely matches your actual account total assets. Reinvested: Dividends are immediately used to buy additional shares (adjClose-based, the industry standard for total return). The wider the gap between the three lines, the easier it is to gauge the effectiveness of the dividend strategy.

Annual Return Comparison

ETF returns vs S&P 500 (SPY) by calendar year

CNEQ S&P 500 (SPY)

+40%

−40%

+29%

2024

+32%

2025

+9%

2026 YTD

ℹ️ Returns from January 1 to December 31 of each year. The current year (2026) column is dimmed to indicate YTD (incomplete). If blue is higher than gray, the ETF outperformed the benchmark in that year.

Win rate vs S&P 500 (SPY)

—

Completed years: 2 — 3+ years of data are needed for a win rate to be shown.

2024 ✓

2025 ✓

2026 ✓ YTD

ℹ️ Number of winning years versus S&P 500 (SPY) within a completed calendar year (1/1–12/31). The current year (YTD) is reported separately.

Downside Capture

⚠️ 153%

Falls more than the benchmark — vulnerable in drawdowns

<85% (Defend) 85~110% (Track) >110% (Lag)

ℹ️ Average % drop of this ETF when S&P 500 (SPY) is −1%. Based on daily returns over the past 3 years (only days where the benchmark is negative).

Risk Profile

Volatility · Beta · Max Drawdown · Sharpe · Drawdown Recovery History

Overall Risk Grade

Moderate Risk

Volatility is around market average. Be prepared for losses of roughly -30% to -40% in major downturns.

Beta (market sensitivity)

하위 5%

1.77

If the market rises +10% +17.7%

If the market falls -10% -17.7%

My positionBottom 5%

Low range Average High range

ℹ️ A beta of 1.0 moves in line with the market. Above 1 means it moves more than the market; below 1 means less.

Average daily range (last 1 month)

하위 5%

±2.28%

S&P 500 typically ±1.0~1.3% · Bond funds ±0.3% · Leveraged ETFs ±3% or more

Annual volatility trend (past 10 years)

ℹ️ This ETF's average daily price swing. 1% means "on average, moves about ±1% per day." The rolling curve below shows the annualized volatility (long-term standard measure) over time.

Max Drawdown · Past 10 years

-27.6%

Drawdown duration: 2 months

2025-02-14 → 2025-04-08

Recovered in about 59 days

2024-04-05 Worst -18% 2026-07-01

ℹ️ Maximum drawdown is the largest peak-to-trough decline in the past. It represents the worst-case loss a long-term investor must psychologically endure.

Sharpe Ratio (Risk-Adjusted Return)

1.06

Good — Solid risk-adjusted returns

ℹ️ Annualized return minus the risk-free rate (3% annualized), divided by annualized volatility. A value above 1.0 is generally considered good risk-adjusted performance.

Estimated Monthly Maximum Loss (VaR 95%)

-6.2%

Historically, monthly losses exceeding this figure occurred only5%of the time.

ℹ️ A statistical estimate meaning "with 95% probability, monthly losses will not exceed this amount." The remaining 5% corresponds to crisis-level events such as financial crises or pandemics.

Overall investment appeal

What this ETF fits best — strengths, weaknesses, and target investor profile

Strengths and weaknesses both present Check the fit below to see whether it matches your investing goal.

🎯 목적별 적합도

내가 이 ETF를 어떤 목적으로 활용할 수 있는지 확인하세요.

🌳

장기 보유

수년 이상 꾸준히 모아갈 때

낮음

💵

배당 인컴

매월·분기 현금흐름이 목적일 때

낮음

⚡

단기 트레이딩

며칠~몇 주 단기 방향성 매매

낮음

🧩

포트폴리오 보조

자산 배분·헤지 용도

낮음

👤

이런 분에게 어울려요

Investors who believe in active strategies

✅ 강점

🎯Outperforms benchmark by +7.4%p annually

⚠️ 약점·주의사항

⚠️Very high volatility — invest only with capital you can hold for the long term

Portfolio Composition

What's actually inside — sector weights and top holdings

29개 종목으로 구성

상위 섹터는 Technology (42%)

ℹ️ 왜 구성을 봐야 하나요?

ETF의 실제 성과는 담고 있는 종목과 섹터에서 나와요. 이름이 "S&P 500"이라도 기술주 비중이 유난히 높을 수 있고, "배당주 ETF"라도 몇몇 대형주에 쏠려 있을 수 있어요. 라벨보다 실제 구성을 확인하는 게 중요해요.

🔬 집중도 한눈에 보기

총 보유종목

29개

상위 10개 비중

64.4%

최대 단일 종목

14.64%

집중도(HHI)

574

보통

⚠️ 소수 종목·섹터에 집중되어 있어, 해당 종목/섹터가 흔들리면 ETF 전체가 크게 영향을 받아요.

🥧 섹터 비중

Technology

42.4%

Consumer Cyclical

12.6%

Communication Services

11.6%

Industrials

11.3%

Utilities

2.5%

Healthcare

2.4%

Financial

1.4%

📋 상위 보유 종목 Top 10 Top 10이 전체의 64.4% 차지

티커 옆의 점 색상 = 섹터 구분 (섹터 차트와 동일 색상)

#1 NVDA NVIDIA Corp.

14.64%

#2 MSFT Microsoft Corp.

8.03%

#3 AMZN Amazon.com, Inc.

6.52%

#4 TSM Taiwan Semiconductor Manufacturing Co., Ltd.

5.68%

#5 GOOGL Alphabet Inc.

5.66%

#6 NBIS Nebius Group N.V.

5.14%

#7 - DREYFUS TRSY OBLIG CASH M

5.10%

#8 AAPL Apple Inc.

4.97%

#9 AVGO Broadcom Inc

4.77%

#10

QXO QXO Inc

3.87%

Category Peers

Category: US Equities - US Style

같은 카테고리 6종 중 AUM 6/6위 · 보수율 4/6위

카테고리: US Equities - US Style

ℹ️ 왜 비교해야 하나요?

같은 카테고리 ETF끼리는 보수율·규모(AUM)·배당률을 비교해 볼 가치가 있어요. 보수율은 낮을수록 장기 수익에 유리하고, AUM이 크면 운용 안정성이 높아요. ▲ 표시는 CNEQ보다 유리, ▼ 표시는 CNEQ보다 불리를 뜻해요.

티커	ETF명	보수율	AUM	보유종목	배당률	YTD	1년
CNEQ	Alger Concentrated Equity ETF	0.56%	$881M	31	-	+9.54%	+23.10%
BLCR	iShares Large Cap Core Active ETF	0.36% ▲	$6.4B ▲	44	0.30%	-	+29.76% ▲
EAGL	Eagle Capital Select Equity ETF	0.8% ▼	$4.3B ▲	29	0.54%	-	+8.85% ▼
LCAP	Principal Capital Appreciation Select ETF	0.29% ▲	$1.8B ▲	56	0.19%	-	+19.11% ▼
AVLC	Avantis U.S. Large Cap Equity ETF	0.15% ▲	$1.4B ▲	857	0.82%	-	+20.94% ▼
OAKM	Oakmark U.S. Large Cap ETF	0.59% ▼	$1.1B ▲	41	0.64%	-	+12.41% ▼

AUM 내림차순 정렬 · ▲ CNEQ보다 유리 · ▼ CNEQ보다 불리

Leveraged & Covered Call ETFs on the Same Theme

ETFs that approach the same theme with a different strategy

24 ETFs tracking the same theme as CNEQ using leveraged or covered call strategies (Leverage 8 · Inverse 8 · Covered Call 8)

Not direct derivatives of CNEQ, but ETFs that cover the same theme via a different strategy.

ℹ️ Which ETFs are included?

Among ETFs whose theme (category or sector) overlaps with CNEQ, some use special strategies. Leveraged ETFs aim for 2–3× the daily move, Inverse ETFs seek opposite-direction returns, and Covered Call ETFs generate monthly income from option premiums.

⚠️ Caution: Long-Term Holding

Leveraged and inverse ETFs track only the daily return. With high volatility, holding them for longer periods causes cumulative volatility decay—returns diverge further from the underlying index. They are meant for short-term trading.

📈 Leverage 8 ETFs that amplify the same theme by 2-3x (high volatility)