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

Fund Info

ISINUS0155655006
IssuerAlger
Inception DateNov 11, 1986
CategorySmall Cap Growth Equities
Min. Investment$1,000
Asset ClassEquity

Asset Class Size

Small-Cap

Asset Class Style

Growth

Expense Ratio

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


Expense ratio chart for ALSCX: current value at 1.96% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.96%

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.


Alger Small Cap Growth Fund

Popular comparisons: ALSCX vs. SPY

Performance

Performance Chart

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


400.00%600.00%800.00%1,000.00%1,200.00%1,400.00%1,600.00%December2024FebruaryMarchAprilMay
486.81%
1,692.93%
ALSCX (Alger Small Cap Growth Fund)
Benchmark (^GSPC)

S&P 500

Returns By Period

Alger Small Cap Growth Fund had a return of 5.28% year-to-date (YTD) and 17.30% in the last 12 months. Over the past 10 years, Alger Small Cap Growth Fund had an annualized return of 3.48%, while the S&P 500 had an annualized return of 10.97%, indicating that Alger Small Cap Growth Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date5.28%11.29%
1 month6.10%4.87%
6 months19.79%17.88%
1 year17.30%29.16%
5 years (annualized)4.74%13.20%
10 years (annualized)3.48%10.97%

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
2024-3.11%10.26%0.73%-8.95%5.28%
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%-1.40%-3.35%
20202.90%-4.61%-9.50%18.59%12.48%4.64%7.64%2.06%1.35%-1.66%12.95%6.81%63.81%
201912.12%6.61%-0.60%4.26%-2.19%6.42%3.08%-2.45%-5.16%-0.88%5.94%-0.77%28.12%
20184.84%-2.98%2.00%1.51%7.71%2.07%-0.00%13.36%-0.95%-13.46%0.28%-10.29%1.20%
20172.94%3.80%1.10%1.27%3.40%1.38%0.51%1.70%4.17%2.89%2.49%-2.73%25.25%
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%4.80%-5.75%5.13%0.40%-11.43%-13.70%
20136.50%0.83%3.85%-1.59%3.63%0.13%7.65%-1.93%5.65%0.81%2.08%-11.75%15.36%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of ALSCX is 21, indicating that it is in the bottom 21% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of ALSCX is 2121
ALSCX (Alger Small Cap Growth Fund)
The Sharpe Ratio Rank of ALSCX is 2222Sharpe Ratio Rank
The Sortino Ratio Rank of ALSCX is 2222Sortino Ratio Rank
The Omega Ratio Rank of ALSCX is 2020Omega Ratio Rank
The Calmar Ratio Rank of ALSCX is 1616Calmar Ratio Rank
The Martin Ratio Rank of ALSCX is 2424Martin 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.


ALSCX
Sharpe ratio
The chart of Sharpe ratio for ALSCX, currently valued at 0.84, compared to the broader market-1.000.001.002.003.004.000.84
Sortino ratio
The chart of Sortino ratio for ALSCX, currently valued at 1.28, compared to the broader market-2.000.002.004.006.008.0010.0012.001.28
Omega ratio
The chart of Omega ratio for ALSCX, currently valued at 1.15, compared to the broader market0.501.001.502.002.503.003.501.15
Calmar ratio
The chart of Calmar ratio for ALSCX, currently valued at 0.25, compared to the broader market0.002.004.006.008.0010.0012.000.25
Martin ratio
The chart of Martin ratio for ALSCX, currently valued at 2.25, compared to the broader market0.0020.0040.0060.002.25
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.44, compared to the broader market-1.000.001.002.003.004.002.44
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.45, compared to the broader market-2.000.002.004.006.008.0010.0012.003.45
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.42, compared to the broader market0.501.001.502.002.503.003.501.42
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.98, compared to the broader market0.002.004.006.008.0010.0012.001.98
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 9.39, compared to the broader market0.0020.0040.0060.009.39

Sharpe Ratio

The current Alger Small Cap Growth Fund Sharpe ratio is 0.84. This value is calculated based on the past 12 months of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Alger Small Cap Growth Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00December2024FebruaryMarchAprilMay
0.84
2.44
ALSCX (Alger Small Cap Growth Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Alger Small Cap Growth Fund granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.


PeriodTTM202320222021202020192018
Dividend$0.00$0.00$0.00$1.34$0.07$0.54$0.94

Dividend yield

0.00%0.00%0.00%15.11%0.67%8.26%17.08%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$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$0.00$0.00
2022$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
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.34$1.34
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.07$0.07
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.54$0.54
2018$0.94$0.94

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%December2024FebruaryMarchAprilMay
-52.71%
0
ALSCX (Alger Small Cap Growth Fund)
Benchmark (^GSPC)

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 88.97%, occurring on Oct 9, 2002. The portfolio has not yet recovered.

The current Alger Small Cap Growth Fund drawdown is 52.71%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-88.97%Sep 5, 19951821Oct 9, 2002
-76.26%Feb 18, 1992101Jul 7, 1992304Sep 6, 1993405
-75.62%Jul 5, 199074Oct 16, 199089Feb 18, 1991163
-71.87%Feb 22, 199489Jun 24, 1994171Feb 20, 1995260
-69.98%Jan 2, 199021Jan 30, 199053Apr 13, 199074

Volatility

Volatility Chart

The current Alger Small Cap Growth Fund volatility is 4.96%, 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.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%December2024FebruaryMarchAprilMay
4.96%
3.47%
ALSCX (Alger Small Cap Growth Fund)
Benchmark (^GSPC)