PortfoliosLab logo
Alger Small Cap Growth Fund (ALSCX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US0155655006

Issuer

Alger

Inception Date

Nov 11, 1986

Min. Investment

$1,000

Asset Class

Equity

Asset Class Size

Small-Cap

Asset Class Style

Growth

Expense Ratio

ALSCX has a high expense ratio of 1.96%, indicating above-average management fees.


Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
ALSCX vs. SPY
Popular comparisons:

Performance

Performance Chart


Loading data...

Returns By Period

Alger Small Cap Growth Fund (ALSCX) returned -15.04% year-to-date (YTD) and -8.97% over the past 12 months. Over the past 10 years, ALSCX returned -1.54% annually, underperforming the S&P 500 benchmark at 10.46%.


ALSCX

YTD

-15.04%

1M

11.96%

6M

-20.56%

1Y

-8.97%

5Y*

-4.71%

10Y*

-1.54%

^GSPC (Benchmark)

YTD

-3.77%

1M

7.44%

6M

-5.60%

1Y

8.37%

5Y*

14.12%

10Y*

10.46%

*Annualized

Monthly Returns

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20253.69%-11.90%-10.71%0.35%3.81%-15.04%
2024-3.11%10.26%0.73%-8.95%3.17%-0.46%3.09%2.10%3.23%-3.13%11.58%-7.36%9.47%
20239.93%-3.61%0.17%-1.36%-1.21%6.46%4.10%-3.46%-6.69%-7.17%9.42%10.84%16.25%
2022-13.40%-0.65%-2.36%-13.27%-5.56%-7.69%10.82%-2.88%-10.05%8.79%0.84%-7.51%-37.61%
20214.70%2.96%-5.49%4.15%-5.31%7.30%-1.13%0.88%-3.85%3.73%-8.59%-14.86%-16.54%
20202.91%-4.61%-9.50%18.59%12.48%4.65%7.64%2.06%1.35%-1.66%12.95%6.08%62.69%
201912.12%6.61%-0.61%4.26%-2.19%6.42%3.09%-2.45%-5.16%-0.88%5.93%-8.40%18.26%
20184.84%-2.98%2.00%1.51%7.72%2.07%-0.00%13.36%-0.95%-13.46%0.28%-23.41%-13.59%
20172.94%3.80%1.10%1.27%3.40%1.38%0.51%1.70%4.17%2.88%2.49%-2.74%25.24%
2016-12.09%-1.63%5.21%1.13%3.12%0.86%4.93%1.63%2.01%-6.89%8.03%-0.00%4.71%
2015-1.63%6.94%1.41%-3.76%2.75%1.27%0.69%-7.86%-5.54%4.12%1.83%-27.06%-27.60%
2014-1.15%5.05%-3.82%-6.92%2.07%5.40%-6.53%4.79%-5.75%5.13%0.40%-11.43%-13.70%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of ALSCX is 8, meaning it’s performing worse than 92% of other 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 ALSCX is 88
Overall Rank
The Sharpe Ratio Rank of ALSCX is 88
Sharpe Ratio Rank
The Sortino Ratio Rank of ALSCX is 77
Sortino Ratio Rank
The Omega Ratio Rank of ALSCX is 99
Omega Ratio Rank
The Calmar Ratio Rank of ALSCX is 1111
Calmar Ratio Rank
The Martin Ratio Rank of ALSCX is 66
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 Small Cap Growth Fund (ALSCX) 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 Small Cap Growth Fund Sharpe ratios as of May 11, 2025 (values are recalculated daily):

  • 1-Year: -0.34
  • 5-Year: -0.15
  • 10-Year: -0.06
  • All Time: 0.10

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 Small Cap Growth 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.


Loading data...

Dividends

Dividend History


Alger Small Cap Growth Fund doesn't pay dividends

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 data...

Worst Drawdowns

The table below displays the maximum drawdowns of the Alger Small Cap Growth 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 Small Cap Growth Fund was 82.45%, occurring on Oct 9, 2002. The portfolio has not yet recovered.

The current Alger Small Cap Growth Fund drawdown is 55.06%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-82.45%Mar 13, 2000644Oct 9, 2002
-41.05%May 23, 1996621Oct 8, 1998288Nov 16, 1999909
-30.42%Jan 16, 1992124Jul 7, 1992299Aug 30, 1993423
-29.39%Dec 22, 1989213Oct 16, 199086Feb 13, 1991299
-19.5%Sep 12, 199587Jan 10, 199676Apr 25, 1996163

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


Loading data...