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Alger Focus Equity Fund (ALGRX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US0155703020

CUSIP

015570302

Issuer

Alger

Inception Date

Nov 8, 1993

Min. Investment

$0

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Growth

Expense Ratio

ALGRX has an expense ratio of 0.89%, 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

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


600.00%800.00%1,000.00%1,200.00%1,400.00%December2025FebruaryMarchAprilMay
1,314.80%
706.83%
ALGRX (Alger Focus Equity Fund)
Benchmark (^GSPC)

Returns By Period

Alger Focus Equity Fund (ALGRX) returned -3.15% year-to-date (YTD) and 24.34% over the past 12 months. Over the past 10 years, ALGRX delivered an annualized return of 15.90%, outperforming the S&P 500 benchmark at 10.45%.


ALGRX

YTD

-3.15%

1M

8.72%

6M

-1.64%

1Y

24.34%

5Y*

17.54%

10Y*

15.90%

^GSPC (Benchmark)

YTD

-3.77%

1M

3.72%

6M

-5.60%

1Y

8.55%

5Y*

14.11%

10Y*

10.45%

*Annualized

Monthly Returns

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20253.46%-5.21%-9.61%3.45%5.61%-3.15%
20245.24%8.32%2.27%-3.92%8.31%6.26%-3.23%3.39%5.37%1.40%10.62%-0.45%51.77%
20239.00%-0.86%6.14%1.53%5.65%6.42%3.41%-1.50%-6.07%-1.38%12.21%4.00%44.20%
2022-10.52%-3.10%1.09%-13.84%-2.93%-8.67%12.30%-4.20%-9.97%3.76%3.13%-7.69%-35.94%
2021-1.07%2.91%0.34%7.03%-0.74%5.03%1.44%3.11%-5.53%7.25%-0.73%0.13%20.06%
20203.56%-5.86%-8.34%15.35%7.92%4.84%7.99%9.73%-3.93%-2.82%10.14%2.60%45.82%
20198.48%3.97%2.61%5.41%-6.63%6.92%1.60%-0.88%-1.57%3.10%4.47%2.98%33.93%
20188.55%-1.79%-2.18%2.08%4.73%1.06%1.56%5.04%0.45%-9.64%1.67%-8.58%1.39%
20175.33%3.51%1.92%2.88%3.48%-0.45%3.55%2.22%0.03%4.90%1.98%0.27%33.76%
2016-7.76%-1.08%6.18%-1.80%3.62%-2.40%5.17%-0.25%1.64%-2.75%0.67%0.62%1.08%
2015-1.89%6.09%0.89%-0.33%3.31%-0.41%2.00%-7.00%-3.87%8.36%1.57%-2.03%5.88%
2014-2.30%5.54%-2.72%-0.85%3.37%2.63%-0.38%5.10%-0.77%0.82%3.35%-0.18%14.02%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 77, ALGRX is among the top 23% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of ALGRX is 7777
Overall Rank
The Sharpe Ratio Rank of ALGRX is 7575
Sharpe Ratio Rank
The Sortino Ratio Rank of ALGRX is 7676
Sortino Ratio Rank
The Omega Ratio Rank of ALGRX is 7979
Omega Ratio Rank
The Calmar Ratio Rank of ALGRX is 8484
Calmar Ratio Rank
The Martin Ratio Rank of ALGRX is 7474
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 Focus Equity Fund (ALGRX) 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 Focus Equity Fund Sharpe ratios as of May 10, 2025 (values are recalculated daily):

  • 1-Year: 0.83
  • 5-Year: 0.67
  • 10-Year: 0.67
  • All Time: 0.43

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 Focus Equity Fund 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.


Rolling 12-month Sharpe Ratio0.001.002.003.00December2025FebruaryMarchAprilMay
0.83
0.44
ALGRX (Alger Focus Equity Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Alger Focus Equity Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.


0.00%0.05%0.10%0.15%$0.00$0.01$0.02$0.03$0.04$0.05$0.06201920202021202220232024
Dividends
Dividend Yield
PeriodTTM202420232022202120202019
Dividend$0.00$0.00$0.05$0.02$0.00$0.00$0.07

Dividend yield

0.00%0.00%0.10%0.07%0.00%0.00%0.16%

Monthly Dividends

The table displays the monthly dividend distributions for Alger Focus Equity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.00$0.00$0.00$0.00
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$0.02$0.02
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$0.00$0.00
2019$0.07$0.07

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.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-11.02%
-7.88%
ALGRX (Alger Focus Equity Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Alger Focus Equity 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 Alger Focus Equity Fund was 62.22%, occurring on Nov 20, 2008. Recovery took 1252 trading sessions.

The current Alger Focus Equity Fund drawdown is 11.02%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-62.22%Mar 27, 20002171Nov 20, 20081252Nov 13, 20133423
-43.57%Dec 16, 2021265Jan 5, 2023341May 15, 2024606
-29.39%Feb 20, 202023Mar 23, 202048Jun 1, 202071
-26.96%Feb 18, 202536Apr 8, 2025
-26.37%Jul 2, 199871Oct 8, 199852Dec 21, 1998123

Volatility

Volatility Chart

The current Alger Focus Equity Fund volatility is 9.24%, 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.


0.00%5.00%10.00%15.00%20.00%December2025FebruaryMarchAprilMay
9.24%
6.82%
ALGRX (Alger Focus Equity Fund)
Benchmark (^GSPC)