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Alger Capital Appreciation Portfolio (ALVOX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISINUS0155447032
IssuerAlger
Inception DateJan 25, 1995
CategoryLarge Cap Growth Equities
Min. Investment$500,000
Asset ClassEquity

Asset Class Size

Large-Cap

Asset Class Style

Growth

Expense Ratio

ALVOX has a high expense ratio of 0.91%, indicating higher-than-average management fees.


Expense ratio chart for ALVOX: current value at 0.91% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.91%

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 Capital Appreciation Portfolio

Popular comparisons: ALVOX vs. TBCIX, ALVOX vs. IYW, ALVOX vs. FUMIX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Alger Capital Appreciation Portfolio, 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%2024FebruaryMarchAprilMayJune
1,194.21%
417.55%
ALVOX (Alger Capital Appreciation Portfolio)
Benchmark (^GSPC)

S&P 500

Returns By Period

Alger Capital Appreciation Portfolio had a return of 28.56% year-to-date (YTD) and 42.82% in the last 12 months. Over the past 10 years, Alger Capital Appreciation Portfolio had an annualized return of 15.01%, outperforming the S&P 500 benchmark which had an annualized return of 10.85%.


PeriodReturnBenchmark
Year-To-Date28.56%13.87%
1 month6.51%2.33%
6 months30.50%15.10%
1 year42.82%22.72%
5 years (annualized)17.41%13.49%
10 years (annualized)15.01%10.85%

Monthly Returns

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20245.06%8.20%2.43%-4.25%8.69%28.56%
20239.06%-1.76%6.22%1.30%5.38%6.51%3.07%-0.89%-5.99%-0.96%11.85%3.99%43.13%
2022-11.63%-2.86%1.64%-14.62%-3.49%-8.76%12.21%-4.15%-9.80%3.87%3.44%-7.99%-37.09%
2021-0.86%2.13%0.55%6.30%-1.23%5.70%2.38%3.25%-5.60%7.53%-0.64%0.05%20.53%
20203.26%-5.83%-8.77%14.69%6.81%4.47%7.56%10.16%-4.11%-3.13%10.20%3.03%41.90%
20198.96%3.49%2.41%5.06%-6.28%7.20%1.24%-1.33%-0.88%2.82%4.64%2.88%33.59%
20188.45%-2.24%-2.99%1.53%4.51%0.68%2.29%4.48%0.68%-9.53%2.12%-8.44%-0.01%
20175.35%3.62%1.69%2.74%3.11%-0.90%3.21%2.49%-0.19%4.65%1.60%0.27%31.17%
2016-7.13%-2.01%6.39%-1.00%2.79%-1.72%5.12%-0.58%1.39%-2.57%0.07%0.47%0.50%
2015-1.29%6.59%0.04%-0.75%3.27%-1.01%2.51%-7.04%-3.40%8.13%1.04%-0.93%6.41%
2014-1.99%5.50%-2.41%-0.93%3.42%3.02%-0.75%4.67%-1.32%1.45%3.47%-0.35%14.20%
20135.11%0.61%3.34%0.45%3.10%-2.34%5.77%-1.01%4.79%4.62%3.19%3.44%35.44%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of ALVOX is 90, placing it in the top 10% 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 ALVOX is 9090
ALVOX (Alger Capital Appreciation Portfolio)
The Sharpe Ratio Rank of ALVOX is 9393Sharpe Ratio Rank
The Sortino Ratio Rank of ALVOX is 9090Sortino Ratio Rank
The Omega Ratio Rank of ALVOX is 9090Omega Ratio Rank
The Calmar Ratio Rank of ALVOX is 8383Calmar Ratio Rank
The Martin Ratio Rank of ALVOX is 9292Martin 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 Capital Appreciation Portfolio (ALVOX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


ALVOX
Sharpe ratio
The chart of Sharpe ratio for ALVOX, currently valued at 2.61, compared to the broader market-1.000.001.002.003.004.002.61
Sortino ratio
The chart of Sortino ratio for ALVOX, currently valued at 3.51, compared to the broader market0.005.0010.003.51
Omega ratio
The chart of Omega ratio for ALVOX, currently valued at 1.45, compared to the broader market1.002.003.004.001.45
Calmar ratio
The chart of Calmar ratio for ALVOX, currently valued at 1.59, compared to the broader market0.005.0010.0015.001.59
Martin ratio
The chart of Martin ratio for ALVOX, currently valued at 12.77, compared to the broader market0.0020.0040.0060.0080.0012.77
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.14, compared to the broader market-1.000.001.002.003.004.002.14
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.04, compared to the broader market0.005.0010.003.04
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.38, compared to the broader market1.002.003.004.001.38
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.71, compared to the broader market0.005.0010.0015.001.71
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 8.02, compared to the broader market0.0020.0040.0060.0080.008.02

Sharpe Ratio

The current Alger Capital Appreciation Portfolio Sharpe ratio is 2.61. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Alger Capital Appreciation Portfolio 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 Ratio1.502.002.503.003.502024FebruaryMarchAprilMayJune
2.61
2.14
ALVOX (Alger Capital Appreciation Portfolio)
Benchmark (^GSPC)

Dividends

Dividend History

Alger Capital Appreciation Portfolio granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.00$0.00$5.38$24.62$14.63$9.87$14.70$5.34$0.66$8.43$12.21$8.63

Dividend yield

0.00%0.00%9.84%25.94%14.64%12.19%21.59%6.47%0.98%12.50%17.11%11.76%

Monthly Dividends

The table displays the monthly dividend distributions for Alger Capital Appreciation Portfolio. 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$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$5.38$5.38
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$24.62$24.62
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$14.63$14.63
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$9.87$9.87
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$14.70$14.70
2017$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$5.34$5.34
2016$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.66$0.66
2015$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$8.43$8.43
2014$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$12.21$12.21
2013$8.63$8.63

Drawdowns

Drawdowns Chart

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


-15.00%-10.00%-5.00%0.00%2024FebruaryMarchAprilMayJune0
-0.04%
ALVOX (Alger Capital Appreciation Portfolio)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Alger Capital Appreciation Portfolio. 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 Capital Appreciation Portfolio was 55.11%, occurring on Nov 20, 2008. Recovery took 610 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-55.11%Nov 7, 2007263Nov 20, 2008610Apr 26, 2011873
-41.01%Nov 17, 2021279Dec 28, 2022298Mar 7, 2024577
-29.89%May 15, 2002190Feb 13, 2003225Jan 6, 2004415
-29.62%Feb 20, 202023Mar 23, 202052Jun 5, 202075
-21.7%Oct 2, 201858Dec 24, 201881Apr 23, 2019139

Volatility

Volatility Chart

The current Alger Capital Appreciation Portfolio volatility is 3.71%, 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%2024FebruaryMarchAprilMayJune
3.71%
2.26%
ALVOX (Alger Capital Appreciation Portfolio)
Benchmark (^GSPC)