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Firsthand Alternative Energy Fund (ALTEX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US3379418276

CUSIP

337941827

Inception Date

Oct 28, 2007

Min. Investment

$2,000

Asset Class

Equity

Asset Class Size

Mid-Cap

Asset Class Style

Growth

Expense Ratio

ALTEX has a high expense ratio of 1.98%, indicating above-average management fees.


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.


Firsthand Alternative Energy Fund

Performance

Performance Chart


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S&P 500

Returns By Period

Firsthand Alternative Energy Fund (ALTEX) returned -7.04% year-to-date (YTD) and -16.18% over the past 12 months. Over the past 10 years, ALTEX returned 4.21% annually, underperforming the S&P 500 benchmark at 10.84%.


ALTEX

YTD

-7.04%

1M

10.90%

6M

-10.86%

1Y

-16.18%

3Y*

-6.06%

5Y*

3.90%

10Y*

4.21%

^GSPC (Benchmark)

YTD

0.52%

1M

6.32%

6M

-1.44%

1Y

12.25%

3Y*

12.45%

5Y*

14.20%

10Y*

10.84%

*Annualized

Monthly Returns

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20251.58%-12.10%-7.53%0.64%11.88%-7.04%
2024-13.80%6.83%0.00%-3.77%17.76%-5.46%2.84%0.67%1.99%-8.43%3.34%-5.42%-6.79%
20239.84%-1.08%2.10%-8.63%2.52%3.95%3.97%-10.23%-9.04%-15.21%12.07%12.10%-2.31%
2022-14.53%8.89%5.36%-18.24%2.51%-9.34%23.50%-2.27%-11.18%0.75%11.30%-8.74%-18.26%
20217.28%-2.24%-2.90%-4.03%-2.32%7.56%-3.99%0.50%-4.78%13.49%-2.11%-9.45%-5.09%
2020-0.13%-0.52%-21.60%16.19%10.20%2.74%17.13%14.08%5.22%3.52%13.43%8.69%83.88%
201912.43%4.72%-1.55%9.15%-5.20%11.59%1.78%-3.09%0.42%-0.55%0.69%16.82%55.05%
20181.49%-2.05%0.30%-0.90%1.51%-4.90%4.68%-0.15%-5.37%-10.09%5.79%-9.24%-18.56%
20172.83%3.49%1.24%2.46%4.62%1.64%3.06%-0.94%1.74%4.80%-1.92%1.61%27.35%
2016-7.21%-1.85%3.58%-2.00%-4.08%-0.39%3.89%-2.81%3.08%-3.54%-0.77%3.12%-9.26%
2015-5.42%12.60%-1.45%0.00%0.15%-5.30%-4.82%-8.99%-6.28%8.04%-1.59%5.04%-9.75%
20143.71%9.39%1.36%-5.11%2.12%6.80%-8.44%6.10%-7.62%-3.62%-0.15%-2.86%-0.15%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of ALTEX is 2, meaning it’s performing worse than 98% 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 ALTEX is 22
Overall Rank
The Sharpe Ratio Rank of ALTEX is 11
Sharpe Ratio Rank
The Sortino Ratio Rank of ALTEX is 11
Sortino Ratio Rank
The Omega Ratio Rank of ALTEX is 22
Omega Ratio Rank
The Calmar Ratio Rank of ALTEX is 22
Calmar Ratio Rank
The Martin Ratio Rank of ALTEX is 22
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 Firsthand Alternative Energy Fund (ALTEX) 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.

Firsthand Alternative Energy Fund Sharpe ratios as of May 30, 2025 (values are recalculated daily):

  • 1-Year: -0.54
  • 5-Year: 0.13
  • 10-Year: 0.15
  • All Time: 0.01

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 Firsthand Alternative Energy Fund compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History

Firsthand Alternative Energy Fund provided a 1.62% dividend yield over the last twelve months, with an annual payout of $0.14 per share.


0.00%2.00%4.00%6.00%8.00%10.00%$0.00$0.20$0.40$0.60$0.8020172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017
Dividend$0.14$0.14$0.36$0.00$0.00$0.00$0.70$0.00$0.02

Dividend yield

1.62%1.50%3.43%0.00%0.00%0.00%9.12%0.05%0.25%

Monthly Dividends

The table displays the monthly dividend distributions for Firsthand Alternative Energy 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$0.14$0.14
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.36$0.36
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$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$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.70$0.70
2018$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
2017$0.02$0.02

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Firsthand Alternative Energy 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 Firsthand Alternative Energy Fund was 74.58%, occurring on Nov 16, 2012. Recovery took 1944 trading sessions.

The current Firsthand Alternative Energy Fund drawdown is 42.43%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-74.58%Jan 4, 20081226Nov 16, 20121944Aug 10, 20203170
-53.68%Nov 15, 2021852Apr 8, 2025
-20.91%Feb 16, 202161May 12, 2021129Nov 12, 2021190
-9.27%Oct 21, 202011Nov 4, 202012Nov 20, 202023
-7.66%Sep 3, 20203Sep 8, 202015Sep 29, 202018
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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