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Alger Russell Innovation ETF

INVN

NYSE ARCA
$26.841.95% (-0.53)
High
Low
Returns
1D
1W
1M
1Y
5Y
Max
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1D
1W
1M
1Y
5Y
Max

US ETF

Midcap - Value & Growth

US Midcap ETF

Invests in midcap - value & growth segment

Key Metrics

Key Metrics

Expense Ratio
Expense Ratio

The operating and administrative costs of running the fund measured as the percentage of fund assets

AUM
AUM

Current market value of the ETF scheme managed by the Asset Management Company

$10.02M
Beta
Beta

Sensitivity of the stock's price relative to the country's key indices over the last 5 years

0
Volatility (3Y)
Volatility (3Y)

The annualized standard deviation of the ETF's returns calculated over the last 3 years

0%
PE
PE

Ratio of price to the prospective earnings of the ETF's underlyings

17.76
PE Category
PE Category

Ratio of price to the prospective earnings of the holdings of ETFs from the same category

17.88

ETF Profile

Peers

Peers

Exp. Ratio
0.05%
0.05%
PE
16.86
16.86
1Y Return
15.76%
15.76%
Exp. Ratio
0.04%
0.04%
PE
18.58
18.58
1Y Return
13.6%
13.6%
Exp. Ratio
0.19%
0.19%
PE
17.39
17.39
1Y Return
16.72%
16.72%
Exp. Ratio
0.06%
0.06%
PE
17.81
17.81
1Y Return
17.77%
17.77%
Exp. Ratio
0.24%
0.24%
PE
17.44
17.44
1Y Return
15.54%
15.54%

Peers & Comparison

Peers & Comparison

Comparing 2 ETFs from
ETFMid-Cap Blend
ETFTotal AUMTotal AUMExp. RatioExp. Ratio1Y Return1Y Return
Alger Russell Innovation ETF $10.02M-30.80%
iShares Core S&P Mid-Cap ETF$123.69B0.05%15.76%
Vanguard Mid-Cap Index Fund ETF Shares$106.37B0.04%13.60%

Price Comparison

Price Comparison

1 Month

1 Year

5 Years

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Top Holdings

Top Holdings

  • Name
    Holdings
    Sector
  • Atlassian Corp Plc
    Sector: Technology
    Holdings3.19 %
    Atlassian Corp Plc
    TEAM

    Holdings

    3.19 %

    Technology
  • Ringcentral Inc
    Sector: Technology
    Holdings2.86 %
    Ringcentral Inc
    RNG

    Holdings

    2.86 %

    Technology
  • Paycom Software, Inc.
    Sector: Technology
    Holdings2.72 %
    Paycom Software, Inc.
    PAYC

    Holdings

    2.72 %

    Technology
  • Uipath Inc
    Sector: Technology
    Holdings2.64 %
    Uipath Inc
    PATH

    Holdings

    2.64 %

    Technology
  • Zebra Technologies Corporation
    Sector: Technology
    Holdings2.48 %
    Zebra Technologies Corporation
    ZBRA

    Holdings

    2.48 %

    Technology
  • Gitlab Inc
    Sector: Technology
    Holdings2.47 %
    Gitlab Inc
    GTLB

    Holdings

    2.47 %

    Technology
  • Dragoneer Growth Opportunities Corp
    Sector: Financial Services
    Holdings2.41 %
    Dragoneer Growth Opportunities Corp
    DGNR

    Holdings

    2.41 %

    Financial Services
  • Unity Software Inc
    Sector: Technology
    Holdings2.40 %
    Unity Software Inc
    U

    Holdings

    2.40 %

    Technology
  • Elastic NV
    Sector: Technology
    Holdings2.37 %
    Elastic NV
    ESTC

    Holdings

    2.37 %

    Technology
  • Bill Com Holdings Inc
    Sector: Technology
    Holdings2.30 %
    Bill Com Holdings Inc
    BILL

    Holdings

    2.30 %

    Technology

Frequently asked questions

Frequently asked questions

  1. Alger Russell Innovation ETF (INVN) is currently trading at $26.84. You can also track daily change, historical performance, trading volume and other key ETF details on this page.

  2. Indian investors can buy Alger Russell Innovation ETF (INVN) by opening a US investing account through a platform that provides access to US stocks and ETFs, completing the required verification, transferring funds under the Liberalised Remittance Scheme (LRS), and placing an order in USD.

  3. Yes, Indian residents and NRIs can invest in Alger Russell Innovation ETF (INVN) through platforms that offer access to US-listed stocks and ETFs, subject to applicable regulations, including RBI’s Liberalised Remittance Scheme (LRS) guidelines.

  4. The expense ratio of Alger Russell Innovation ETF (INVN) is N/A. It represents the annual operating cost charged by the ETF provider for managing the fund and tracking its underlying index.

  5. Alger Russell Innovation ETF (INVN)’s top holdings currently include Atlassian Corp Plc, Ringcentral Inc, and Paycom Software, Inc.. The ETF’s complete holdings list, allocation and sector exposure are available in the Holdings section on this page.

  6. Many platforms offering US ETF investing allow fractional investing, enabling Indian investors to buy a portion of Alger Russell Innovation ETF (INVN) instead of a full share. This allows investment based on a fixed dollar amount.

  7. Gains from Alger Russell Innovation ETF (INVN) are generally taxed in India based on the applicable holding period and tax rules. Dividends may be subject to US withholding tax and Indian taxation rules. The final tax treatment depends on individual circumstances.

  8. Remittances under the Liberalised Remittance Scheme (LRS) for overseas investments, including US ETFs like Alger Russell Innovation ETF (INVN), may attract TCS above specified thresholds. Applicable rates and limits are determined by government regulations and may change over time.

  9. Alger Russell Innovation ETF (INVN)’s current assets under management (AUM) are $10.02M. AUM represents the total market value of assets managed by the ETF and indicates the size of the fund.

  10. Alger Russell Innovation ETF (INVN)’s price-to-earnings (P/E) ratio is 17.76. It represents the weighted valuation of the companies held within the ETF relative to their earnings.

  11. You can compare Alger Russell Innovation ETF (INVN) with iShares Core S&P Mid-Cap ETF (IJH), Vanguard Mid-Cap Index Fund ETF Shares (VO), and iShares Russell Mid-Cap ETF (IWR) based on metrics such as expense ratio, AUM, P/E ratio, holdings, liquidity and historical returns in the Peers & Comparison section.

  12. Alger Russell Innovation ETF (INVN)’s NAV represents the per-unit value of the ETF’s underlying holdings after adjusting for expenses and liabilities. It is calculated once daily after markets close and may differ from the ETF’s live market price.

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