Alger Capital Appreciation Institutional Fund (ALARX) 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 ALARX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ALARX
ALARX charges 1.12% annually. There are 329 mutual funds in the Large Cap Growth Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Growth Index Fund Institutional Shares | 0.03% | 378.80B | May 1998 | ALARX vs VIGIX | |
| Schwab U.S. Large-Cap Growth Index Fund | 0.04% | 4.75B | Dec 2017 | ALARX vs SWLGX | |
| Fidelity Large Cap Growth Index Fund | 0.04% | — | — | ALARX vs FSPGX | |
| Nuveen Large Cap Growth Index Fund R6 Class | 0.05% | — | Oct 2002 | ALARX vs TILIX | |
| Vanguard Mega Cap Growth Index Fund Institutional ... | 0.05% | — | Apr 2008 | ALARX vs VMGAX |
Best Risk-Adjusted Alternatives to ALARX
ALARX has a PortfoliosLab risk / return rank of 22. There are 136 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 | |
|---|---|---|---|---|---|
| Davis New York Venture Fund Class Y | 91 | — | Feb 1969 | ALARX vs DNVYX | |
| Vanguard PRIMECAP Fund Investor Shares | 90 | 96.10B | Nov 1984 | ALARX vs VPMCX | |
| Vanguard Capital Opportunity Fund Admiral Shares | 84 | 32.70B | Nov 2001 | ALARX vs VHCAX | |
| Fidelity Stock Selector All Cap Fund | 80 | — | Sep 1990 | ALARX vs FDSSX | |
| Fidelity Advisor Stock Selector All Cap Fund Class... | 80 | — | Aug 2013 | ALARX vs FZAPX |
Top Performing ALARX Alternatives (YTD)
ALARX is at 9.61% YTD. There are 84 mutual funds in the Large Cap Growth Equities category with higher YTD returns, going as high as 29.13%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| One Rock Fund | 29.13% | — | Mar 2020 | ALARX vs ONERX | |
| ICON Equity Fund | 28.55% | — | Oct 2002 | ALARX vs IOLZX | |
| Chase Growth Fund | 22.03% | — | Dec 1997 | ALARX vs CHASX | |
| Chase Growth Fund Institutional Class | 22.03% | — | Jan 2007 | ALARX vs CHAIX | |
| Glenmede Quantitative U.S. Large Cap Growth Equity... | 21.57% | — | Feb 2004 | ALARX vs GTLLX |
Lowest Volatility Alternatives to ALARX
ALARX has 24.03% 1-year volatility. There are 394 mutual funds in the Large Cap Growth Equities category with lower 1-year volatility, going as low as 6.77%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BBH Select Series - Large Cap Fund | 6.77% | — | Sep 2019 | ALARX vs BBLIX | |
| Meridian Enhanced Equity Fund | 9.95% | — | Jan 2005 | ALARX vs MEIFX | |
| CIBC Atlas Equity Income Fund | 10.24% | — | Apr 2010 | ALARX vs AWYIX | |
| Marshfield Concentrated Opportunity Fund | 10.40% | — | Dec 2015 | ALARX vs MRFOX | |
| GQG Partners US Select Quality Equity Fund Investo... | 10.60% | — | Sep 2018 | ALARX vs GQEPX |
Lowest Drawdown Alternatives to ALARX
ALARX has a 1-year max drawdown of -18.65%. There are 361 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 | ALARX vs BBLIX | |
| Meridian Enhanced Equity Fund | -4.80% | — | Jan 2005 | ALARX vs MEIFX | |
| LKCM Aquinas Catholic Equity Fund | -7.02% | — | Jul 2005 | ALARX vs AQEIX | |
| Marshfield Concentrated Opportunity Fund | -7.03% | — | Dec 2015 | ALARX vs MRFOX | |
| Davis New York Venture Fund Class Y | -7.97% | — | Feb 1969 | ALARX vs DNVYX |
Other Mutual Funds from Alger
The 10 most viewed Alger mutual funds shown here include ALGRX, ALAFX, ACAAX and span 5 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Alger Focus Equity Fund Class I | Large Cap Growth Equities | 27 | 10.08% | — | Nov 1993 | ALARX vs ALGRX | |
| Alger Focus Equity A Fund | Large Cap Growth Equities | 27 | 10.07% | — | Nov 1993 | ALARX vs ALAFX | |
| Alger Capital Appreciation Fund | Large Cap Growth Equities | 20 | 8.37% | — | Dec 1996 | ALARX vs ACAAX | |
| Alger Capital Appreciation Portfolio | Large Cap Growth Equities | 22 | 8.54% | — | Jan 1995 | ALARX vs ALVOX | |
| Alger Growth & Income Fund | Large Cap Blend Equities | 83 | 13.02% | — | Dec 1996 | ALARX vs ALBAX | |
| Alger Large Cap Growth Portfolio Fund | Large Cap Growth Equities | 26 | 14.64% | — | Jan 1989 | ALARX vs AAGOX | |
| Alger Capital Appreciation Fund Class Z | Large Cap Growth Equities | 20 | 8.61% | — | Dec 2010 | ALARX vs ACAZX | |
| Alger Spectra Fund | Large Cap Growth Equities | 13 | 4.51% | — | Jul 1969 | ALARX vs SPECX | |
| Alger Weatherbie Specialized Growth Fund | Small Cap Growth Equities | 7 | 1.72% | — | May 2002 | ALARX vs ALMAX | |
| Alger AI Enablers & Adopters Z | Artificial Intelligence, Technology Equities | 38 | 18.89% | — | Apr 2024 | ALARX vs AAIZX |
Often Compared With ALARX
Investors most often compare ALARX with WSTCX, SHSAX, HAGAX. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare ALARX with Any Fund or Stock
Compare ALARX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ALARX with funds that move differently
Alger Capital Appreciation Institutional Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ALARX.
Explore ALARX Diversifiers