PortfoliosLab logoPortfoliosLab logo
Alger Focus Equity Fund (ALGRX)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

ISIN
US0155703020
CUSIP
015570302
Issuer
Alger
Inception Date
Nov 8, 1993
Min. Investment
$0
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Growth

Share Price Chart


Loading graphics...

Compare stocks, funds, or ETFs

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.


Loading graphics...

S&P 500 Index

Returns By Period

Alger Focus Equity Fund (ALGRX) has returned -13.65% so far this year and 36.06% over the past 12 months. Looking at the last ten years, ALGRX has achieved an annualized return of 18.29%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.


Alger Focus Equity Fund

1D
-1.70%
1M
-9.05%
YTD
-13.65%
6M
-14.17%
1Y
36.06%
3Y*
32.03%
5Y*
14.72%
10Y*
18.29%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jan 3, 1994, ALGRX's average daily return is +0.05%, while the average monthly return is +0.91%. At this rate, your investment would double in approximately 6.4 years.

Historically, 59% of months were positive and 41% were negative. The best month was May 2025 with a return of +15.9%, while the worst month was Jul 1996 at -32.4%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 6 months.

On a daily basis, ALGRX closed higher 53% of trading days. The best single day was Dec 15, 2021 with a return of +14.4%, while the worst single day was Jul 3, 1996 at -26.5%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-1.46%-3.64%-9.05%-13.65%
20253.46%-5.21%-9.61%3.45%15.90%9.90%6.15%2.28%10.80%2.87%-2.88%-0.50%39.68%
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%

Benchmark Metrics

Alger Focus Equity Fund has an annualized alpha of 1.06%, beta of 1.07, and R² of 0.79 versus S&P 500 Index. Calculated based on daily prices since January 04, 1994.

  • This fund captured 115.87% of S&P 500 Index gains and 110.49% of its losses — amplifying both gains and losses, but participating more in upside than downside.
  • With beta of 1.07 and R² of 0.79, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

Alpha
1.06%
Beta
1.07
0.79
Upside Capture
115.87%
Downside Capture
110.49%

Expense Ratio

ALGRX has an expense ratio of 0.89%, placing it in the medium range.


Return for Risk

Risk / Return Rank

ALGRX ranks 71 for risk / return — better than 71% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


ALGRX Risk / Return Rank: 7171
Overall Rank
ALGRX Sharpe Ratio Rank: 7272
Sharpe Ratio Rank
ALGRX Sortino Ratio Rank: 7474
Sortino Ratio Rank
ALGRX Omega Ratio Rank: 6666
Omega Ratio Rank
ALGRX Calmar Ratio Rank: 7777
Calmar Ratio Rank
ALGRX Martin Ratio Rank: 6666
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Alger Focus Equity Fund (ALGRX) and compare them to a chosen benchmark (S&P 500 Index).


ALGRXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.31

0.90

+0.42

Sortino ratio

Return per unit of downside risk

1.89

1.39

+0.51

Omega ratio

Gain probability vs. loss probability

1.25

1.21

+0.04

Calmar ratio

Return relative to maximum drawdown

1.85

1.40

+0.45

Martin ratio

Return relative to average drawdown

6.32

6.61

-0.28

Explore ALGRX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Alger Focus Equity Fund provided a 9.08% dividend yield over the last twelve months, with an annual payout of $8.09 per share.


0.00%2.00%4.00%6.00%8.00%10.00%12.00%14.00%$0.00$2.00$4.00$6.00$8.0020182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018
Dividend$8.09$8.09$0.00$0.05$0.02$7.96$3.39$0.83$1.62

Dividend yield

9.08%7.84%0.00%0.10%0.06%13.98%6.25%2.08%5.38%

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
2026$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$8.09$8.09
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$7.96$7.96

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.


Loading graphics...

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 62.64%, occurring on Nov 20, 2008. Recovery took 1254 trading sessions.

The current Alger Focus Equity Fund drawdown is 17.55%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-62.64%Mar 27, 20002178Nov 20, 20081254Nov 14, 20133432
-43.57%Dec 16, 2021265Jan 5, 2023341May 15, 2024606
-37.8%Jun 23, 1995275Jul 24, 1996305Oct 7, 1997580
-29.39%Feb 20, 202023Mar 23, 202048Jun 1, 202071
-26.96%Feb 18, 202536Apr 8, 202539Jun 4, 202575

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


Loading graphics...