Alger MidCap Growth Institutional Fund (ALMRX) Alternatives
Alger MidCap Growth Institutional Fund (ALMRX) belongs to the Mid 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 ALMRX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to ALMRX
ALMRX charges 1.44% annually. Among mutual funds in the Mid Cap Growth Equities category, these options have the lowest expense ratios among ALMRX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| State Street Small/Mid Cap Equity Index Portfolio | 0.02% | Aug 11, 2015 | ALMRX vs SSMHX | |
| Fidelity Extended Market Index Fund | 0.04% | — | ALMRX vs FSMAX | |
| Morgan Stanley Discovery Portfolio | 0.04% | Apr 30, 2017 | ALMRX vs MMGPX | |
| Fidelity Mid Cap Growth Index Fund | 0.05% | Jul 11, 2019 | ALMRX vs FMDGX | |
| Vanguard Mid-Cap Growth Index Fund Admiral Shares | 0.07% | Sep 27, 2011 | ALMRX vs VMGMX |
Best Risk-Adjusted Alternatives to ALMRX
Among mutual funds in the Mid Cap Growth Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Timothy Plan Aggressive Growth Fund | 90 | Oct 5, 2000 | ALMRX vs TAAGX | |
| Needham Growth Fund | 79 | Jan 2, 1996 | ALMRX vs NEEGX | |
| Tanaka Growth Fund | 74 | Dec 30, 1998 | ALMRX vs TGFRX | |
| Calamos Timpani SMID Growth Fund | 73 | Jul 31, 2019 | ALMRX vs CTIGX | |
| Baron Focused Growth Fund Institutional Shares | 71 | May 29, 2009 | ALMRX vs BFGIX |
Top Performing ALMRX Alternatives (YTD)
ALMRX alternatives from the Mid Cap Growth Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Kinetics Spin-Off and Corporate Restructuring Fund | 50.22% | May 4, 2007 | ALMRX vs LSHAX | |
| Kinetics Paradigm Fund | 36.66% | Dec 31, 1999 | ALMRX vs WWNPX | |
| Kinetics Market Opportunities Fund No Load Class | 20.82% | Jan 31, 2006 | ALMRX vs KMKNX | |
| Kinetics Market Opportunities Fund | 20.74% | Jan 31, 2006 | ALMRX vs KMKAX | |
| Needham Growth Fund | 10.46% | Jan 2, 1996 | ALMRX vs NEEGX |
Lowest Volatility Alternatives to ALMRX
ALMRX alternatives from the Mid Cap Growth Equities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Royce International Premier Fund Institutional Cla... | 13.61% | — | ALMRX vs RIPIX | |
| Bright Rock Mid Cap Growth Fund | 15.91% | May 26, 2010 | ALMRX vs BQMGX | |
| Villere Equity Fund | 16.28% | May 31, 2013 | ALMRX vs VLEQX | |
| Value Line Mid Cap Focused Fund | 16.90% | Mar 1, 1950 | ALMRX vs VLIFX | |
| JPMorgan Mid Cap Equity Fund | 17.58% | Dec 31, 1996 | ALMRX vs VSNGX |
Lowest Drawdown Alternatives to ALMRX
ALMRX alternatives from the Mid Cap Growth Equities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Baron Asset Fund Institutional Class | -11.12% | May 29, 2009 | ALMRX vs BARIX | |
| Baron Asset Fund | -11.12% | Jun 12, 1987 | ALMRX vs BARAX | |
| Virtus KAR Small-Cap Core Fund | -11.21% | Oct 18, 1996 | ALMRX vs PKSFX | |
| FAM Value Fund | -11.38% | Jan 2, 1987 | ALMRX vs FAMVX | |
| Villere Equity Fund | -11.43% | May 31, 2013 | ALMRX vs VLEQX |
Other Mutual Funds from Alger
Most popular Alger mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Alger Focus Equity Fund | Large Cap Growth Equities | 73 | -13.65% | Nov 8, 1993 | ALMRX vs ALGRX | |
| Alger Focus Equity A Fund | Large Cap Growth Equities | 73 | -13.66% | Nov 8, 1993 | ALMRX vs ALAFX | |
| Alger Capital Appreciation Fund | Large Cap Growth Equities | 50 | -14.63% | Dec 31, 1996 | ALMRX vs ACAAX | |
| Alger Growth & Income Fund | Large Cap Blend Equities | 71 | -4.27% | Dec 31, 1996 | ALMRX vs ALBAX | |
| Alger Large Cap Growth Portfolio Fund | Large Cap Growth Equities | 56 | -12.22% | Jan 9, 1989 | ALMRX vs AAGOX | |
| Alger Capital Appreciation Portfolio | Large Cap Growth Equities | 55 | -14.35% | Jan 25, 1995 | ALMRX vs ALVOX | |
| Alger Capital Appreciation Institutional Fund | Large Cap Growth Equities | 53 | -14.40% | Nov 8, 1993 | ALMRX vs ALARX | |
| Alger Spectra Fund | Large Cap Growth Equities | 42 | -15.14% | Jul 28, 1969 | ALMRX vs SPECX | |
| Alger Capital Appreciation Fund Class Z | Large Cap Growth Equities | 51 | -14.55% | Dec 29, 2010 | ALMRX vs ACAZX | |
| Alger Weatherbie Specialized Growth Fund | Small Cap Growth Equities | 5 | -15.06% | May 8, 2002 | ALMRX vs ALMAX |
Often Compared With ALMRX
What investors most often compare with ALMRX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | S&P 500 | 46 | -7.05% | Feb 17, 1988 | ALMRX vs FXAIX | |
| Direxion Daily India Bull 3x Shares | Leveraged Equities, Leveraged | 2 | -26.77% | Mar 11, 2010 | ALMRX vs INDL |
Compare ALMRX with Any Fund or Stock
Compare ALMRX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.