Alger Balanced Portfolio Fund (ABLOX) Sharpe Ratio: 1.23

ABLOX's Sharpe Ratio of 1.23 indicates that for each unit of volatility, it generates 1.23 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Apr 1, 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.

ABLOX Sharpe Ratio Rank

Above Average

ABLOX ranks above 69.8% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating above-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

Above-average risk-adjusted returns with room for improvement
Compare against category peers to gauge relative positioning
Monitor for movement toward top tier or decline toward median
Consider pairing with top-tier holdings to improve portfolio efficiency

ABLOX Sharpe Ratio Market Positioning

The chart shows ABLOX'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%): 0.65 or lower
Yellow zone (middle 50%): 0.65 to 1.37
Green zone (top 25%): 1.37 or higher
Top 1%: 3.59+
Median: 1.00 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Alger Balanced Portfolio Fund's Sharpe Ratio with other mutual funds in the Diversified Portfolio category across multiple time periods, showing how ABLOX'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 Apr 1, 2026.

Symbol	Name	1Y Sharpe Ratio
STDAX	SEI Asset Allocation Trust Defensive Strategy Allocation Fund	4.24
TIBIX	Thornburg Investment Income Builder Fund Class I	3.35
NWQIX	Nuveen Flexible Income Fund	2.58
BERIX	Chartwell Income Fund	2.54
PMAIX	Pioneer Multi-Asset Income Fund A	2.39
SIFAX	SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund	2.19
FSRRX	Fidelity Strategic Real Return Fund	2.14
FSRKX	Fidelity Strategic Real Return Fund Class K6	2.08
TPDAX	Timothy Plan Defensive Strategies Fund	2.07
FIQDX	Fidelity Advisor Strategic Real Return Fund Class Z	2.04
ABLOX	Alger Balanced Portfolio Fund	1.23

Benchmark Against

Benchmark

S&P 500 Index

Lookback Period

How to choose period

Historical Sharpe Ratio

The chart shows ABLOX'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 ABLOX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

Loading graphics...

Explore ABLOX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

ABLOX Sortino Ratio