Alger Mid Cap Growth Fund (AMCGX) 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 AMCGX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AMCGX
AMCGX charges 1.93% annually. There are 160 mutual funds in the Mid Cap Growth Equities category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Small/Mid Cap Equity Index Portfolio | 0.02% | — | Aug 2015 | AMCGX vs SSMHX | |
| Morgan Stanley Discovery Portfolio | 0.04% | — | Apr 2017 | AMCGX vs MMGPX | |
| Fidelity Mid Cap Growth Index Fund | 0.05% | — | Jul 2019 | AMCGX vs FMDGX | |
| Vanguard Mid-Cap Growth Index Fund Admiral Shares | 0.07% | 33.80B | Sep 2011 | AMCGX vs VMGMX | |
| Vanguard S&P Mid-Cap 400 Growth Index Fund Institu... | 0.08% | — | Mar 2011 | AMCGX vs VMFGX |
Best Risk-Adjusted Alternatives to AMCGX
AMCGX has a PortfoliosLab risk / return rank of 16. There are 56 mutual funds in the Mid Cap Growth Equities category with higher risk-adjusted ranks, going as high as 86.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Capital Opportunity Fund Investor Shares | 86 | 31.20B | Aug 1995 | AMCGX vs VHCOX | |
| Needham Growth Fund | 78 | — | Jan 1996 | AMCGX vs NEEGX | |
| Timothy Plan Aggressive Growth Fund | 78 | — | Oct 2000 | AMCGX vs TAAGX | |
| PrimeCap Odyssey Aggressive Growth Fund | 77 | — | Nov 2004 | AMCGX vs POAGX | |
| Needham Growth Fund Institutional Class | 76 | — | Dec 2016 | AMCGX vs NEEIX |
Top Performing AMCGX Alternatives (YTD)
AMCGX is at 6.60% YTD. There are 89 mutual funds in the Mid Cap Growth Equities category with higher YTD returns, going as high as 44.89%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Needham Growth Fund Institutional Class | 44.89% | — | Dec 2016 | AMCGX vs NEEIX | |
| Needham Growth Fund | 44.58% | — | Jan 1996 | AMCGX vs NEEGX | |
| Kinetics Spin-Off and Corporate Restructuring Fund | 37.54% | — | May 2007 | AMCGX vs LSHAX | |
| Timothy Plan Aggressive Growth Fund | 28.73% | — | Oct 2000 | AMCGX vs TAAGX | |
| Kinetics Paradigm Fund | 25.77% | — | Dec 1999 | AMCGX vs WWNPX |
Lowest Volatility Alternatives to AMCGX
AMCGX has 19.99% 1-year volatility. There are 107 mutual funds in the Mid Cap Growth Equities category with lower 1-year volatility, going as low as 10.68%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BBH Select Series - Mid Cap Fund | 10.68% | — | May 2021 | AMCGX vs BBMIX | |
| Bright Rock Mid Cap Growth Fund | 12.31% | — | May 2010 | AMCGX vs BQMGX | |
| JPMorgan Mid Cap Equity Fund | 12.69% | — | Dec 1996 | AMCGX vs VSNGX | |
| Value Line Mid Cap Focused Fund | 13.49% | — | Mar 1950 | AMCGX vs VLIFX | |
| Sparrow Growth Fund | 13.52% | — | Oct 1998 | AMCGX vs SGFFX |
Lowest Drawdown Alternatives to AMCGX
AMCGX has a 1-year max drawdown of -16.20%. There are 117 mutual funds in the Mid Cap Growth Equities category with shallower 1-year drawdowns, going as shallow as -7.81%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Munder Mid-Cap Core Growth Fund | -7.81% | — | Jun 1998 | AMCGX vs MGOYX | |
| JPMorgan Mid Cap Equity Fund | -8.24% | — | Dec 1996 | AMCGX vs VSNGX | |
| BBH Select Series - Mid Cap Fund | -8.89% | — | May 2021 | AMCGX vs BBMIX | |
| Guggenheim StylePlus - Mid Growth Fund | -9.17% | — | Sep 1969 | AMCGX vs SECUX | |
| Timothy Plan Aggressive Growth Fund | -9.37% | — | Oct 2000 | AMCGX vs TAAGX |
Other Mutual Funds from Alger
The 10 most viewed Alger mutual funds shown here include ALGRX, ALAFX, ACAAX and span 3 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Alger Focus Equity Fund Class I | Large Cap Growth Equities | 43 | 14.00% | — | Nov 1993 | AMCGX vs ALGRX | |
| Alger Focus Equity A Fund | Large Cap Growth Equities | 43 | 13.98% | — | Nov 1993 | AMCGX vs ALAFX | |
| Alger Capital Appreciation Fund | Large Cap Growth Equities | 29 | 11.85% | — | Dec 1996 | AMCGX vs ACAAX | |
| Alger Growth & Income Fund | Large Cap Blend Equities | 86 | 14.00% | — | Dec 1996 | AMCGX vs ALBAX | |
| Alger Large Cap Growth Portfolio Fund | Large Cap Growth Equities | 36 | 17.77% | — | Jan 1989 | AMCGX vs AAGOX | |
| Alger Capital Appreciation Portfolio | Large Cap Growth Equities | 31 | 11.85% | — | Jan 1995 | AMCGX vs ALVOX | |
| Alger Capital Appreciation Institutional Fund | Large Cap Growth Equities | 32 | 13.20% | — | Nov 1993 | AMCGX vs ALARX | |
| Alger Spectra Fund | Large Cap Growth Equities | 20 | 8.99% | — | Jul 1969 | AMCGX vs SPECX | |
| Alger Capital Appreciation Fund Class Z | Large Cap Growth Equities | 29 | 12.07% | — | Dec 2010 | AMCGX vs ACAZX | |
| Alger Weatherbie Specialized Growth Fund | Small Cap Growth Equities | 10 | 6.17% | — | May 2002 | AMCGX vs ALMAX |
Often Compared With AMCGX
Investors most often compare AMCGX with EEOFX, VOO, TGFRX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare AMCGX with Any Fund or Stock
Compare AMCGX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AMCGX with funds that move differently
Alger Mid Cap Growth Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AMCGX.
Explore AMCGX Diversifiers