See what your fund actually adds

Alger Russell Innovation ETF INVN

Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.

Fund and replication metrics

INVN compared with its replication portfolio
MeasureINVNReplication
Annualized growth17.8%9.8%
Annualized volatility23.2%15.7%
Sharpe ratio0.820.67
Maximum drawdown22.2%17.5%
Replication fit (R²)0.59 · Tracking error 14.9%

Replication portfolio

The published portfolio below is the investable basket used to model INVN’s historical return behavior.

INVN replication basket weights
TickerBuilding blockWeight
XLYSector · Cons Discr43.9%
XLVSector · Healthcare25.1%
VUGStyle · Growth12.1%
VBKSmall-Cap · Growth10.1%
VOXSector · Communication8.8%