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AB Core Opportunities Fund (ADGAX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US01879K1016

CUSIP

01879K101

Issuer

AllianceBernstein

Inception Date

Dec 22, 1999

Min. Investment

$2,500

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

ADGAX has a high expense ratio of 1.09%, indicating higher-than-average management fees.


Expense ratio chart for ADGAX: current value at 1.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.09%

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.


Popular comparisons:
ADGAX vs. AEF
Popular comparisons:
ADGAX vs. AEF

Performance

Performance Chart

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


-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
-2.93%
8.53%
ADGAX (AB Core Opportunities Fund)
Benchmark (^GSPC)

Returns By Period

AB Core Opportunities Fund had a return of 12.22% year-to-date (YTD) and 12.98% in the last 12 months. Over the past 10 years, AB Core Opportunities Fund had an annualized return of 2.54%, while the S&P 500 had an annualized return of 11.06%, indicating that AB Core Opportunities Fund did not perform as well as the benchmark.


ADGAX

YTD

12.22%

1M

-9.64%

6M

-2.94%

1Y

12.98%

5Y*

2.83%

10Y*

2.54%

^GSPC (Benchmark)

YTD

24.34%

1M

0.23%

6M

8.53%

1Y

24.95%

5Y*

13.01%

10Y*

11.06%

Monthly Returns

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20242.52%6.38%3.38%-5.20%5.26%2.54%1.30%1.91%0.81%-0.32%6.08%12.22%
20235.59%-2.65%1.90%1.49%-1.42%5.65%2.72%-0.69%-3.96%-1.18%7.97%-0.18%15.54%
2022-5.62%-3.03%1.02%-7.23%0.84%-7.98%9.69%-4.64%-7.47%9.13%5.93%-14.32%-23.70%
2021-0.73%1.89%5.15%5.50%1.22%1.37%3.05%2.04%-5.92%5.05%-1.34%-9.21%7.17%
2020-1.78%-6.50%-12.49%13.54%4.72%-0.26%4.51%4.37%-3.57%-1.53%10.82%-0.80%8.52%
20197.72%2.70%-0.27%3.50%-5.15%5.87%1.09%-1.90%1.78%3.95%4.10%-3.73%20.56%
20184.89%-3.81%-1.81%1.25%1.18%0.73%5.26%2.25%0.36%-6.04%2.62%-21.70%-16.64%
20172.34%3.14%0.00%1.96%0.66%1.00%2.09%0.83%3.00%1.36%3.42%-9.35%10.23%
2016-4.32%-0.65%4.07%0.40%2.09%-2.05%3.39%1.15%0.38%-1.40%3.88%-3.31%3.26%
2015-1.43%5.20%-0.59%-1.44%2.06%-1.01%3.01%-5.48%-1.77%7.47%0.31%-7.14%-1.71%
2014-3.17%4.55%-0.85%0.16%2.72%1.14%-0.36%3.56%-1.44%2.93%2.80%-13.42%-2.68%
20135.65%1.49%3.40%0.39%3.21%-1.49%5.82%-2.21%4.28%3.10%3.24%2.53%33.26%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of ADGAX is 55, 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 ADGAX is 5555
Overall Rank
The Sharpe Ratio Rank of ADGAX is 5454
Sharpe Ratio Rank
The Sortino Ratio Rank of ADGAX is 5050
Sortino Ratio Rank
The Omega Ratio Rank of ADGAX is 6262
Omega Ratio Rank
The Calmar Ratio Rank of ADGAX is 5252
Calmar Ratio Rank
The Martin Ratio Rank of ADGAX is 5959
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 AB Core Opportunities Fund (ADGAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for ADGAX, currently valued at 0.88, compared to the broader market-1.000.001.002.003.004.000.882.10
The chart of Sortino ratio for ADGAX, currently valued at 1.11, compared to the broader market-2.000.002.004.006.008.0010.001.112.80
The chart of Omega ratio for ADGAX, currently valued at 1.20, compared to the broader market0.501.001.502.002.503.003.501.201.39
The chart of Calmar ratio for ADGAX, currently valued at 0.57, compared to the broader market0.002.004.006.008.0010.0012.0014.000.573.09
The chart of Martin ratio for ADGAX, currently valued at 5.17, compared to the broader market0.0020.0040.0060.005.1713.49
ADGAX
^GSPC

The current AB Core Opportunities Fund Sharpe ratio is 0.88. 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 Core Opportunities 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 Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
0.88
2.10
ADGAX (AB Core Opportunities Fund)
Benchmark (^GSPC)

Dividends

Dividend History

AB Core Opportunities Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.


0.00%0.10%0.20%0.30%0.40%$0.00$0.02$0.04$0.06$0.0820162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016
Dividend$0.00$0.05$0.01$0.00$0.04$0.09$0.06$0.00$0.02

Dividend yield

0.00%0.25%0.04%0.00%0.20%0.43%0.35%0.00%0.12%

Monthly Dividends

The table displays the monthly dividend distributions for AB Core Opportunities 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$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$0.05$0.05
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.01$0.01
2021$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
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.04$0.04
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.09$0.09
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.06$0.06
2017$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
2016$0.02$0.02

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.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-14.01%
-2.62%
ADGAX (AB Core Opportunities Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the AB Core Opportunities 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 Core Opportunities Fund was 62.44%, occurring on Nov 20, 2008. Recovery took 1169 trading sessions.

The current AB Core Opportunities Fund drawdown is 14.01%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-62.44%Dec 11, 2007239Nov 20, 20081169Jul 18, 20131408
-41.52%May 22, 2001344Oct 9, 2002539Dec 1, 2004883
-35.81%Sep 24, 2018376Mar 23, 2020176Dec 1, 2020552
-34.6%Nov 17, 2021280Dec 28, 2022
-24.32%Dec 8, 2014297Feb 11, 2016400Sep 13, 2017697

Volatility

Volatility Chart

The current AB Core Opportunities Fund volatility is 10.81%, 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%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
10.81%
3.79%
ADGAX (AB Core Opportunities Fund)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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