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Alger Capital Appreciation Fund Class Z (ACAZX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US0155654199

CUSIP

015565419

Issuer

Alger

Inception Date

Dec 29, 2010

Min. Investment

$500,000

Home Page

www.alger.com

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Growth

Expense Ratio

ACAZX has an expense ratio of 0.85%, placing it in the medium range.


Share Price Chart


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Compare to other instruments

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


Performance

Performance Chart


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Returns By Period

Alger Capital Appreciation Fund Class Z (ACAZX) returned 2.12% year-to-date (YTD) and 16.63% over the past 12 months. Over the past 10 years, ACAZX returned 5.35% annually, underperforming the S&P 500 benchmark at 10.77%.


ACAZX

YTD

2.12%

1M

18.72%

6M

-6.95%

1Y

16.63%

5Y*

5.50%

10Y*

5.35%

^GSPC (Benchmark)

YTD

0.08%

1M

9.75%

6M

-1.63%

1Y

12.74%

5Y*

15.66%

10Y*

10.77%

*Annualized

Monthly Returns

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20253.56%-5.27%-10.33%2.35%13.42%2.12%
20245.05%8.54%2.50%-4.42%8.23%6.72%-3.49%3.26%4.73%1.09%10.22%-10.15%34.82%
20239.06%-1.94%6.26%1.21%5.57%6.73%3.08%-0.92%-5.95%-1.03%12.15%-2.67%34.47%
2022-11.08%-3.14%1.57%-14.45%-3.45%-8.65%12.33%-4.21%-9.85%3.94%3.38%-11.35%-39.01%
2021-1.07%1.93%0.23%6.41%-1.21%5.61%2.32%3.33%-5.78%7.46%-0.80%-19.12%-3.62%
20203.36%-6.02%-8.61%14.73%6.81%4.70%7.78%9.96%-4.05%-3.01%9.79%-10.47%23.48%
20199.02%3.65%2.31%5.01%-6.34%7.12%1.23%-1.33%-0.84%2.86%4.56%-4.64%23.75%
20188.43%-2.30%-3.02%1.50%4.59%0.73%2.20%4.51%0.74%-9.84%1.93%-17.66%-10.56%
20175.43%3.66%1.74%2.68%3.25%-1.00%3.31%2.55%-0.08%4.67%1.66%-6.02%23.56%
2016-7.13%-2.05%6.49%-1.21%2.80%-1.69%5.10%-0.43%1.40%-2.62%0.15%-0.24%-0.15%
2015-1.35%6.73%0.18%-0.87%3.41%-1.11%2.52%-7.07%-3.40%8.31%1.13%-8.53%-1.40%
2014-2.03%5.46%-2.38%-1.08%3.46%3.21%-0.75%4.70%-1.58%1.39%3.43%-13.95%-1.70%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of ACAZX is 53, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of ACAZX is 5353
Overall Rank
The Sharpe Ratio Rank of ACAZX is 5151
Sharpe Ratio Rank
The Sortino Ratio Rank of ACAZX is 5353
Sortino Ratio Rank
The Omega Ratio Rank of ACAZX is 5757
Omega Ratio Rank
The Calmar Ratio Rank of ACAZX is 6161
Calmar Ratio Rank
The Martin Ratio Rank of ACAZX is 4545
Martin 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 Alger Capital Appreciation Fund Class Z (ACAZX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Alger Capital Appreciation Fund Class Z Sharpe ratios as of May 14, 2025 (values are recalculated daily):

  • 1-Year: 0.52
  • 5-Year: 0.20
  • 10-Year: 0.22
  • All Time: 0.30

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Alger Capital Appreciation Fund Class Z compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History


Alger Capital Appreciation Fund Class Z doesn't pay dividends

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Alger Capital Appreciation Fund Class Z. 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 Capital Appreciation Fund Class Z was 53.72%, occurring on Dec 28, 2022. The portfolio has not yet recovered.

The current Alger Capital Appreciation Fund Class Z drawdown is 12.60%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-53.72%Nov 22, 2021277Dec 28, 2022
-30.01%Oct 2, 201858Dec 24, 2018281Feb 6, 2020339
-29.51%Feb 20, 202023Mar 23, 202052Jun 5, 202075
-27.17%Dec 8, 2014297Feb 11, 2016325May 26, 2017622
-21.19%May 2, 2011108Oct 3, 201198Feb 23, 2012206

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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