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Alger Large Cap Growth Portfolio Fund (AAGOX) Sharpe Ratio: 0.95

Mutual Fund · Currency in USD · Last updated Aug 4, 2026

The advisor focuses on growing companies that generally have broad product lines, markets, financial resources and depth of management. It normally invests at least 80% of its net assets in equity securities of companies that, at the time of purchase of the securities, have a market capitalization equal to or greater than the market capitalization of companies included in the Russell 1000 Growth Index, updated quarterly as reported as of the most recent quarter-end. This index is designed to track the performance of large-capitalization growth stocks.

AAGOX's Sharpe Ratio of 0.95 indicates that for each unit of volatility, it generates 0.95 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Aug 4, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

AAGOX Sharpe Ratio Rank

AAGOX Sharpe Ratio Rank: 25.425
Below Average

AAGOX ranks above 25.4% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

AAGOX Sharpe Ratio Market Positioning

The chart shows AAGOX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.93 or lower
  • Yellow zone (middle 50%): 0.93 to 1.83
  • Green zone (top 25%): 1.83 or higher
  • Top 1%: 3.71+
  • Median: 1.49 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Alger Large Cap Growth Portfolio Fund's Sharpe Ratio with other mutual funds in the Large Cap Growth Equities category across multiple time periods, showing how AAGOX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Aug 4, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
DNVYXDavis New York Venture Fund Class Y2.47
VPMCXVanguard PRIMECAP Fund Investor Shares2.40
VHCAXVanguard Capital Opportunity Fund Admiral Shares2.08
IOLZXICON Equity Fund2.01
FSSKXFidelity Advisor Stock Selector All Cap Fund Class K1.90
FZAPXFidelity Advisor Stock Selector All Cap Fund Class Z1.90
FDSSXFidelity Stock Selector All Cap Fund1.89
FBRNXFidelity Advisor Stock Selector All Cap Fund Class I1.89
FMAMXFidelity Advisor Stock Selector All Cap Fund Class A1.87
FSJHXFidelity Advisor Stock Selector All Cap Fund Class M1.84
AAGOXAlger Large Cap Growth Portfolio Fund0.95
Benchmark

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Time Period

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Historical Sharpe Ratio

The chart shows AAGOX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when AAGOX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does AAGOX fit in your portfolio?

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