Compliance updated on Sep 16, 2026 Screened by AAOIFI-Certified Shariah Advisor & Auditor

Financial data updated nightly

Alger Concentrated Equity ETF

CNEQ

✓ COMPLIANTFree checks used up today ☆ Track — members

USA ETF Expense Ratio: 0.56%

Last Close

$37.09

▼ -0.46%

Net Assets $7.53B · NAV $37.03 · Vol 87.95K

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Key Metrics

NAV

$37.03

Net asset value

Expense Ratio

0.56%

Annual (TER)

Net Assets

$7.53B

Fund AUM

Premium / Disc.

+0.16%

Price vs NAV

Dividend

N/A

Latest distribution

RSI (14)

36.10

Momentum

Beta

N/A

vs Market

52W High

$42.15

12.00% below

52W Low

$29.48

25.81% above

Volume

87.95K

Avg 34.30K

Rel. Volume

2.56x

vs 30D avg

Volatility (30D)

24.00

30-day

Shariah Compliance8 STANDARDS

✓ Yes, Alger Concentrated Equity ETF (CNEQ) ETF is Shariah compliant

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AAOIFI—
Dow Jones Islamic (DJIM)—
FTSE Shariah—
MSCI Islamic—
S&P Shariah—
Al Rajhi—
Alinma—
Albilad—

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See the verdict under each standard, the exact screening ratios, purification and zakat per share.Members see the verdict under each standard, the exact screening ratios, purification and zakat per share. AAOIFI-certified methodology trusted by global Islamic funds.

Which standards does CNEQ pass?

The full report shows the verdict under each of the 8 major Shariah standards, with the business-activity and financial-ratio screens behind every one.

Do I need to purify my investment?

Members see the purification amount per share, updated every financial period under the AAOIFI methodology.

Can I calculate zakat for my shares?

Members get zakat per share and a built-in calculator for their exact holding.

Historical Returns

-5.02%

-9.56%

-8.01%

+0.24%

YTD

+7.88%

+5.10%

N/A

Fund Details

Fund Type	ETF
Expense Ratio (TER)	0.56%
Total Net Assets	$7.53B
NAV	$37.03
Market Price	$37.09
Premium / Discount	+0.16%

Last Dividend	N/A
Ex-Dividend Date	N/A
Beta	N/A
Volatility (30D)	24.00
52-Week High	$42.15
52-Week Low	$29.48

Technical Indicators

50-Day SMA	$39.61
200-Day SMA	$37.46
RSI (14)	36.10
Beta	N/A
52-Week High	$42.15
52-Week Low	$29.48

Volume Today	87.95K
Avg Daily Volume (30D)	34.30K
Relative Volume	2.56x
Volatility (10D)	32.14
Volatility (30D)	24.00
% Below 52W High	12.00%