- ISIN
- US0155444062
- Issuer
- Alger
- Inception Date
- Sep 21, 1988
- Category
- Small Cap Growth Equities
- Min. Investment
- $500,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Small-Cap
- Asset Class Style
- Growth
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
AASOX Performance Chart
Alger Small Cap Growth Portfolio (AASOX) is up 13.4% since the beginning of the year. AASOX is currently trading at $21 per share. Investors who bought $1,000 worth of AASOX shares 5 years ago would now be looking at an investment worth $862.
Loading charts...
Returns By Period
Alger Small Cap Growth Portfolio (AASOX) has returned 13.36% so far this year and 30.28% over the past 12 months. Over the last ten years, AASOX has returned 9.12% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Alger Small Cap Growth Portfolio
- 1D
- 2.57%
- 1M
- 8.14%
- YTD
- 13.36%
- 6M
- 9.26%
- 1Y
- 30.28%
- 3Y*
- 11.25%
- 5Y*
- -2.92%
- 10Y*
- 9.12%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
AASOX Monthly Returns History
Based on dividend-adjusted daily data since Sep 23, 1988, AASOX's average daily return is +0.04%, while the average monthly return is +0.72%. At this rate, an investment would double in approximately 8.1 years.
Historically, 58% of months were positive and 42% were negative. The best month was Feb 2000 with a return of +23.4%, while the worst month was Dec 2015 at -31.3%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 8 months.
On a daily basis, AASOX closed higher 53% of trading days. The best single day was Dec 15, 2021 with a return of +52.5%, while the worst single day was Dec 16, 2021 at -34.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.29% | -1.80% | -7.01% | 10.79% | 6.65% | 3.73% | 13.36% | ||||||
| 2025 | 3.03% | -11.23% | -9.39% | 0.00% | 7.86% | 6.78% | 0.59% | 3.51% | 3.16% | 4.60% | 1.62% | -2.84% | 5.89% |
| 2024 | -2.90% | 10.47% | 1.18% | -9.03% | 3.12% | -0.12% | 3.33% | 1.09% | 3.13% | -3.81% | 11.19% | -7.73% | 8.12% |
| 2023 | 9.65% | -3.02% | 0.07% | -1.26% | -1.07% | 6.64% | 4.01% | -3.36% | -6.26% | -6.88% | 8.55% | 10.35% | 16.49% |
| 2022 | -13.49% | -0.75% | -2.09% | -13.61% | -5.28% | -7.87% | 10.81% | -2.50% | -10.16% | 8.34% | 1.13% | -8.59% | -38.39% |
| 2021 | 4.18% | 2.36% | -6.09% | 4.82% | -5.64% | 7.49% | -0.82% | 0.91% | -4.46% | 4.04% | -9.57% | -0.86% | -5.07% |
Benchmark Metrics
Alger Small Cap Growth Portfolio has an annualized alpha of -1.41%, beta of 1.05, and R2 of 0.49 versus S&P 500 Index. Calculated based on daily prices since September 23, 1988.
- This fund participated in 126.45% of S&P 500 Index downside but only 113.82% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.49 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- -1.41%
- Beta
- 1.05
- R²
- 0.49
- Upside Capture
- 113.82%
- Downside Capture
- 126.45%
Expense Ratio
AASOX has a high expense ratio of 0.95%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
AASOX ranks 23 for risk / return — below 23% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Alger Small Cap Growth Portfolio (AASOX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AASOX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.75 | ||
| Sortino ratioReturn per unit of downside risk | -0.91 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.37 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.64 | 2.78 | -1.15 |
| Martin ratioReturn relative to average drawdown | 5.41 | 12.44 | -7.03 |
Dividends
Dividend History
Alger Small Cap Growth Portfolio provided a 1.03% dividend yield over the last twelve months, with an annual payout of $0.22 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.22 | $0.22 | $0.07 | $0.00 | $3.18 | $13.87 | $3.08 | $1.61 | $1.07 |
Dividend yield | 1.03% | 1.17% | 0.38% | 0.00% | 22.43% | 49.73% | 6.88% | 5.59% | 4.58% |
Monthly Dividends
The table displays the monthly dividend distributions for Alger Small Cap Growth Portfolio. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.22 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.07 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.18 | $3.18 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $13.87 | $13.87 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Alger Small Cap Growth Portfolio. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Alger Small Cap Growth Portfolio was 74.54%, occurring on Oct 9, 2002. Recovery took 4464 trading sessions.
The current Alger Small Cap Growth Portfolio drawdown is 35.54%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Dot-com crash2000–2002 | -74.54%Oct 2002 | 2y 7mo | 17y 9mo | 20y 4moMar 2000 - Jul 2020 |
2025 selloff2025 | -60.50%Apr 2025 | 3y 3mo | — | 4y 6moDec 2021 - now |
1998 bear market1998 | -39.17%Oct 1998 | 5mo 19d | 9mo 9d | 1y 2moApr 1998 - Jul 1999 |
1992 bear market1992 | -31.96%Jul 1992 | 5mo 23d | 1y 1mo | 1y 7moJan 1992 - Sep 1993 |
1990 bear market1990 | -26.78%Oct 1990 | 3mo 1d | 3mo 22d | 6mo 23dJul 1990 - Feb 1991 |
Drawdown Indicators
| AASOX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.54% | -56.78% | -17.76% |
Max Drawdown (1Y)Largest decline over 1 year | -18.34% | -9.10% | -9.24% |
Max Drawdown (3Y)Largest decline over 3 years | -32.82% | -18.90% | -13.92% |
Max Drawdown (5Y)Largest decline over 5 years | -60.50% | -25.43% | -35.07% |
Max Drawdown (10Y)Largest decline over 10 years | -60.50% | -33.92% | -26.58% |
Current DrawdownCurrent decline from peak | -35.54% | -1.80% | -33.74% |
Average DrawdownAverage peak-to-trough decline | -29.85% | -10.71% | -19.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.54% | 2.03% | +3.51% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with AASOX
Add Alger Small Cap Growth Portfolio to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with AASOX