PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
AB Discovery Value Fund (ABYSX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISINUS0189144084
IssuerAllianceBernstein
Inception DateMar 29, 2001
CategorySmall Cap Value Equities
Min. Investment$0
Asset ClassEquity

Asset Class Size

Small-Cap

Asset Class Style

Value

Expense Ratio

ABYSX features an expense ratio of 0.83%, falling within the medium range.


Expense ratio chart for ABYSX: current value at 0.83% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.83%

Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons: ABYSX vs. SPLG, ABYSX vs. CSMIX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in AB Discovery Value Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


300.00%400.00%500.00%600.00%700.00%AprilMayJuneJulyAugustSeptember
738.84%
376.43%
ABYSX (AB Discovery Value Fund)
Benchmark (^GSPC)

Returns By Period

AB Discovery Value Fund had a return of 10.32% year-to-date (YTD) and 27.21% in the last 12 months. Over the past 10 years, AB Discovery Value Fund had an annualized return of 8.35%, while the S&P 500 had an annualized return of 11.29%, indicating that AB Discovery Value Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date10.32%20.30%
1 month1.49%2.61%
6 months3.03%9.21%
1 year27.21%33.46%
5 years (annualized)10.31%14.17%
10 years (annualized)8.35%11.29%

Monthly Returns

The table below presents the monthly returns of ABYSX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-2.16%3.68%5.55%-6.86%5.15%-2.28%7.78%-0.61%10.32%
202311.06%-2.18%-5.95%-1.50%-3.14%9.57%5.08%-3.34%-6.05%-5.57%10.00%11.18%17.71%
2022-3.97%-0.08%-1.20%-7.84%2.64%-10.52%10.17%-3.62%-9.58%10.14%3.86%-4.81%-16.10%
20211.19%12.87%5.89%5.52%2.62%-3.17%-1.02%2.81%-2.26%3.90%-2.04%5.68%35.67%
2020-4.60%-11.08%-25.20%13.49%5.10%1.42%3.31%4.38%-3.31%4.22%16.30%6.52%3.34%
201910.71%3.21%-2.27%3.69%-7.84%6.76%-0.15%-5.10%4.54%0.50%3.53%2.28%20.10%
20182.23%-5.54%0.93%1.98%3.28%-0.17%1.38%1.86%-1.74%-9.12%2.73%-12.55%-15.10%
20170.95%1.22%-0.49%-0.13%-2.06%1.87%1.03%-2.09%6.35%1.92%3.39%0.50%12.88%
2016-7.27%2.53%9.31%1.10%1.66%-1.74%5.15%1.73%0.78%-2.32%11.81%0.84%24.65%
2015-4.02%6.16%1.24%-1.36%1.81%-1.59%-0.95%-4.08%-4.10%5.63%1.83%-5.59%-5.68%
2014-3.59%4.82%1.59%-0.85%2.08%4.21%-4.51%4.54%-6.22%2.82%3.14%1.57%9.19%
20137.61%1.45%4.65%-0.10%4.44%-1.50%6.92%-4.45%5.29%4.11%2.02%2.75%37.80%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of ABYSX is 22, indicating that it is in the bottom 22% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of ABYSX is 2222
ABYSX (AB Discovery Value Fund)
The Sharpe Ratio Rank of ABYSX is 1212Sharpe Ratio Rank
The Sortino Ratio Rank of ABYSX is 1313Sortino Ratio Rank
The Omega Ratio Rank of ABYSX is 1414Omega Ratio Rank
The Calmar Ratio Rank of ABYSX is 4747Calmar Ratio Rank
The Martin Ratio Rank of ABYSX is 2222Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for AB Discovery Value Fund (ABYSX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


ABYSX
Sharpe ratio
The chart of Sharpe ratio for ABYSX, currently valued at 1.39, compared to the broader market0.002.004.001.39
Sortino ratio
The chart of Sortino ratio for ABYSX, currently valued at 2.06, compared to the broader market-2.000.002.004.006.008.0010.0012.002.06
Omega ratio
The chart of Omega ratio for ABYSX, currently valued at 1.26, compared to the broader market1.001.502.002.503.003.504.001.26
Calmar ratio
The chart of Calmar ratio for ABYSX, currently valued at 1.28, compared to the broader market0.005.0010.0015.0020.001.28
Martin ratio
The chart of Martin ratio for ABYSX, currently valued at 8.14, compared to the broader market0.0020.0040.0060.0080.008.14
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.73, compared to the broader market0.002.004.002.73
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.64, compared to the broader market-2.000.002.004.006.008.0010.0012.003.64
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.50, compared to the broader market1.001.502.002.503.003.504.001.50
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 2.42, compared to the broader market0.005.0010.0015.0020.002.42
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 16.69, compared to the broader market0.0020.0040.0060.0080.0016.69

Sharpe Ratio

The current AB Discovery Value Fund Sharpe ratio is 1.39. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of AB Discovery Value Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.501.001.502.002.50AprilMayJuneJulyAugustSeptember
1.39
2.73
ABYSX (AB Discovery Value Fund)
Benchmark (^GSPC)

Dividends

Dividend History

AB Discovery Value Fund granted a 6.15% dividend yield in the last twelve months. The annual payout for that period amounted to $1.51 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$1.51$1.51$1.54$2.46$0.16$0.85$2.18$1.52$0.81$1.19$2.95$2.12

Dividend yield

6.15%6.79%7.61%9.48%0.77%4.15%12.31%6.54%3.67%6.50%14.30%9.75%

Monthly Dividends

The table displays the monthly dividend distributions for AB Discovery Value Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.51$1.51
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.54$1.54
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.46$2.46
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.16$0.16
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.85$0.85
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.18$2.18
2017$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.52$1.52
2016$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.81$0.81
2015$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.19$1.19
2014$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.95$2.95
2013$2.12$2.12

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.


-8.00%-6.00%-4.00%-2.00%0.00%AprilMayJuneJulyAugustSeptember
-0.16%
-0.13%
ABYSX (AB Discovery Value Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the AB Discovery Value Fund. 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 AB Discovery Value Fund was 60.01%, occurring on Mar 9, 2009. Recovery took 284 trading sessions.

The current AB Discovery Value Fund drawdown is 0.16%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-60.01%Jul 16, 2007415Mar 9, 2009284Apr 23, 2010699
-48.86%Aug 30, 2018389Mar 18, 2020203Jan 6, 2021592
-33.56%Apr 17, 2002122Oct 9, 2002223Aug 29, 2003345
-30.14%May 2, 2011108Oct 3, 2011303Dec 18, 2012411
-24.52%Jan 5, 2022186Sep 30, 2022359Mar 7, 2024545

Volatility

Volatility Chart

The current AB Discovery Value Fund volatility is 5.23%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%AprilMayJuneJulyAugustSeptember
5.23%
4.00%
ABYSX (AB Discovery Value Fund)
Benchmark (^GSPC)