Alger Capital Appreciation Institutional Fund Class Y (ACAYX) belongs to the Large Cap Growth Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with ACAYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ACAYX
ACAYX charges 0.83% annually. There are 202 mutual funds in the Large Cap Growth Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| American Century Growth Fund G Class | 0.01% | — | Mar 2022 | ACAYX vs ACIHX | |
| Fidelity Large Cap Growth Index Fund | 0.04% | — | — | ACAYX vs FSPGX | |
| Schwab U.S. Large-Cap Growth Index Fund | 0.04% | 4.94B | Dec 2017 | ACAYX vs SWLGX | |
| Vanguard Growth Index Fund Institutional Shares | 0.04% | 393.80B | May 1998 | ACAYX vs VIGIX | |
| Vanguard Russell 1000 Growth Index Fund Institutio... | 0.05% | — | Dec 2010 | ACAYX vs VRGWX |
Best Risk-Adjusted Alternatives to ACAYX
ACAYX has a PortfoliosLab risk / return rank of 39. There are 92 mutual funds in the Large Cap Growth Equities category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard PRIMECAP Fund Investor Shares | 91 | 92.00B | Nov 1984 | ACAYX vs VPMCX | |
| Chase Growth Fund Institutional Class | 90 | — | Jan 2007 | ACAYX vs CHAIX | |
| Chase Growth Fund | 89 | — | Dec 1997 | ACAYX vs CHASX | |
| One Rock Fund | 89 | — | Mar 2020 | ACAYX vs ONERX | |
| Fidelity Series Growth Company Fund | 88 | — | Nov 2013 | ACAYX vs FCGSX |
Top Performing ACAYX Alternatives (YTD)
ACAYX is at 14.73% YTD. There are 61 mutual funds in the Large Cap Growth Equities category with higher YTD returns, going as high as 61.33%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| One Rock Fund | 61.33% | — | Mar 2020 | ACAYX vs ONERX | |
| Rydex S&P 500 Pure Growth Fund | 29.02% | — | Feb 2004 | ACAYX vs RYGRX | |
| ICON Equity Fund | 28.44% | — | Oct 2002 | ACAYX vs IOLZX | |
| Fidelity SAI U.S. Momentum Index Fund | 27.33% | — | Feb 2017 | ACAYX vs FUMIX | |
| Chase Growth Fund | 26.84% | — | Dec 1997 | ACAYX vs CHASX |
Lowest Volatility Alternatives to ACAYX
ACAYX has 23.05% 1-year volatility. There are 387 mutual funds in the Large Cap Growth Equities category with lower 1-year volatility, going as low as 6.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BBH Select Series - Large Cap Fund | 6.86% | — | Sep 2019 | ACAYX vs BBLIX | |
| Meridian Enhanced Equity Fund | 9.73% | — | Jan 2005 | ACAYX vs MEIFX | |
| Marshfield Concentrated Opportunity Fund | 10.02% | — | Dec 2015 | ACAYX vs MRFOX | |
| CIBC Atlas Equity Income Fund | 10.18% | — | Apr 2010 | ACAYX vs AWYIX | |
| GQG Partners US Select Quality Equity Fund Investo... | 10.65% | — | Sep 2018 | ACAYX vs GQEPX |
Lowest Drawdown Alternatives to ACAYX
ACAYX has a 1-year max drawdown of -18.50%. There are 354 mutual funds in the Large Cap Growth Equities category with shallower 1-year drawdowns, going as shallow as -3.63%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BBH Select Series - Large Cap Fund | -3.63% | — | Sep 2019 | ACAYX vs BBLIX | |
| Meridian Enhanced Equity Fund | -4.80% | — | Jan 2005 | ACAYX vs MEIFX | |
| LKCM Aquinas Catholic Equity Fund | -7.02% | — | Jul 2005 | ACAYX vs AQEIX | |
| Marshfield Concentrated Opportunity Fund | -7.03% | — | Dec 2015 | ACAYX vs MRFOX | |
| Davis New York Venture Fund Class Y | -7.97% | — | Feb 1969 | ACAYX vs DNVYX |
Other Mutual Funds from Alger
The 10 most viewed Alger mutual funds shown here include ALGRX, ALAFX, ACAAX and span 3 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Alger Focus Equity Fund Class I | Large Cap Growth Equities | 51 | 15.21% | — | Nov 1993 | ACAYX vs ALGRX | |
| Alger Focus Equity A Fund | Large Cap Growth Equities | 51 | 15.19% | — | Nov 1993 | ACAYX vs ALAFX | |
| Alger Capital Appreciation Fund | Large Cap Growth Equities | 34 | 12.92% | — | Dec 1996 | ACAYX vs ACAAX | |
| Alger Growth & Income Fund | Large Cap Blend Equities | 85 | 13.58% | — | Dec 1996 | ACAYX vs ALBAX | |
| Alger Large Cap Growth Portfolio Fund | Large Cap Growth Equities | 46 | 20.58% | — | Jan 1989 | ACAYX vs AAGOX | |
| Alger Capital Appreciation Portfolio | Large Cap Growth Equities | 36 | 12.83% | — | Jan 1995 | ACAYX vs ALVOX | |
| Alger Capital Appreciation Institutional Fund | Large Cap Growth Equities | 38 | 14.49% | — | Nov 1993 | ACAYX vs ALARX | |
| Alger Spectra Fund | Large Cap Growth Equities | 26 | 10.40% | — | Jul 1969 | ACAYX vs SPECX | |
| Alger Capital Appreciation Fund Class Z | Large Cap Growth Equities | 35 | 13.16% | — | Dec 2010 | ACAYX vs ACAZX | |
| Alger Weatherbie Specialized Growth Fund | Small Cap Growth Equities | 9 | 7.39% | — | May 2002 | ACAYX vs ALMAX |
Often Compared With ACAYX
Investors most often compare ACAYX with FTQGX, OLGAX, VOO. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare ACAYX with Any Fund or Stock
Compare ACAYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ACAYX with funds that move differently
Alger Capital Appreciation Institutional Fund Class Y alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ACAYX.
Explore ACAYX Diversifiers