Alger Health Sciences Fund (AHSAX) belongs to the Health & Biotech Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with AHSAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AHSAX
AHSAX charges 1.05% annually. There are 31 mutual funds in the Health & Biotech Equities category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Health Care Index Fund Admiral Shares | 0.10% | 19.00B | Feb 2004 | AHSAX vs VHCIX | |
| Vanguard Health Care Fund Admiral Shares | 0.27% | 37.00B | Nov 2001 | AHSAX vs VGHAX | |
| Vanguard Health Care Fund Investor Shares | 0.33% | 37.00B | May 1984 | AHSAX vs VGHCX | |
| Fidelity Advisor Health Care Fund Class Z | 0.59% | — | Oct 2018 | AHSAX vs FIKCX | |
| Fidelity Advisor Biotechnology Fund Class Z | 0.61% | — | Oct 2018 | AHSAX vs FIJYX |
Best Risk-Adjusted Alternatives to AHSAX
AHSAX has a PortfoliosLab risk / return rank of 92. There are 8 mutual funds in the Health & Biotech Equities category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin Biotechnology Discovery Fund | 96 | — | Sep 1997 | AHSAX vs FBDIX | |
| Fidelity Advisor Biotechnology Fund Class Z | 94 | — | Oct 2018 | AHSAX vs FIJYX | |
| Fidelity Advisor Biotechnology Fund I Class | 94 | — | Dec 2000 | AHSAX vs FBTIX | |
| Fidelity Advisor Biotechnology Fund Class A | 94 | — | Dec 2000 | AHSAX vs FBTAX | |
| Fidelity Advisor Biotechnology Fund Class M | 94 | — | Dec 2000 | AHSAX vs FBTTX |
Top Performing AHSAX Alternatives (YTD)
AHSAX is at 16.36% YTD. There are 10 mutual funds in the Health & Biotech Equities category with higher YTD returns, going as high as 24.40%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Advisor Biotechnology Fund Class Z | 24.40% | — | Oct 2018 | AHSAX vs FIJYX | |
| Fidelity Advisor Biotechnology Fund I Class | 24.32% | — | Dec 2000 | AHSAX vs FBTIX | |
| Fidelity Advisor Biotechnology Fund Class A | 24.15% | — | Dec 2000 | AHSAX vs FBTAX | |
| Fidelity Advisor Biotechnology Fund Class M | 23.98% | — | Dec 2000 | AHSAX vs FBTTX | |
| Fidelity Advisor Biotechnology Fund Class C | 23.69% | — | Dec 2000 | AHSAX vs FBTCX |
Lowest Volatility Alternatives to AHSAX
AHSAX has 16.45% 1-year volatility. There are 21 mutual funds in the Health & Biotech Equities category with lower 1-year volatility, going as low as 14.13%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Health Care Fund | 14.13% | — | Aug 1989 | AHSAX vs GGHCX | |
| BlackRock Health Sciences Opportunities Portfolio | 14.93% | — | Dec 1999 | AHSAX vs SHSAX | |
| Health Sciences Opportunities Fund Class Instituti... | 14.94% | — | Oct 2000 | AHSAX vs SHSSX | |
| Live Oak Health Sciences Fund | 14.98% | — | Jun 2001 | AHSAX vs LOGSX | |
| Saratoga Health & Biotechnology Fund | 15.04% | — | Jul 1999 | AHSAX vs SHPAX |
Lowest Drawdown Alternatives to AHSAX
AHSAX has a 1-year max drawdown of -9.67%. There are 13 mutual funds in the Health & Biotech Equities category with shallower 1-year drawdowns, going as shallow as -7.62%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Select Biotechnology Portfolio | -7.62% | — | Dec 1985 | AHSAX vs FBIOX | |
| Live Oak Health Sciences Fund | -8.13% | — | Jun 2001 | AHSAX vs LOGSX | |
| Rydex Biotechnology Fund | -8.43% | — | Mar 1998 | AHSAX vs RYOIX | |
| AlphaCentric LifeSci Healthcare Fund | -8.49% | — | Nov 2019 | AHSAX vs LYFIX | |
| Fidelity Advisor Biotechnology Fund Class Z | -8.88% | — | Oct 2018 | AHSAX vs FIJYX |
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 | AHSAX vs ALGRX | |
| Alger Focus Equity A Fund | Large Cap Growth Equities | 51 | 15.19% | — | Nov 1993 | AHSAX vs ALAFX | |
| Alger Capital Appreciation Fund | Large Cap Growth Equities | 34 | 12.92% | — | Dec 1996 | AHSAX vs ACAAX | |
| Alger Growth & Income Fund | Large Cap Blend Equities | 85 | 13.58% | — | Dec 1996 | AHSAX vs ALBAX | |
| Alger Large Cap Growth Portfolio Fund | Large Cap Growth Equities | 46 | 20.58% | — | Jan 1989 | AHSAX vs AAGOX | |
| Alger Capital Appreciation Portfolio | Large Cap Growth Equities | 36 | 12.83% | — | Jan 1995 | AHSAX vs ALVOX | |
| Alger Capital Appreciation Institutional Fund | Large Cap Growth Equities | 38 | 14.49% | — | Nov 1993 | AHSAX vs ALARX | |
| Alger Spectra Fund | Large Cap Growth Equities | 26 | 10.40% | — | Jul 1969 | AHSAX vs SPECX | |
| Alger Capital Appreciation Fund Class Z | Large Cap Growth Equities | 35 | 13.16% | — | Dec 2010 | AHSAX vs ACAZX | |
| Alger Weatherbie Specialized Growth Fund | Small Cap Growth Equities | 9 | 7.39% | — | May 2002 | AHSAX vs ALMAX |
Often Compared With AHSAX
Investors most often compare AHSAX with BHCHX, FACDX, RAGHX. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare AHSAX with Any Fund or Stock
Compare AHSAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AHSAX with funds that move differently
Alger Health Sciences Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AHSAX.
Explore AHSAX Diversifiers