Alger Small Cap Focus Fund (AOFIX) belongs to the Small 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 AOFIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AOFIX
AOFIX charges 1.14% annually. There are 97 mutual funds in the Small Cap Growth Equities category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Small Cap Growth Index Fund | 0.05% | — | Jul 2019 | AOFIX vs FECGX | |
| Vanguard Small-Cap Growth Index Fund Institutional... | 0.06% | 47.00B | May 2000 | AOFIX vs VSGIX | |
| Vanguard Small-Cap Growth Index Fund Admiral Share... | 0.07% | 47.00B | Sep 2011 | AOFIX vs VSGAX | |
| Vanguard Russell 2000 Growth Index Fund Institutio... | 0.08% | — | May 2011 | AOFIX vs VRTGX | |
| Vanguard Small Cap Growth Index Fund | 0.19% | — | May 1998 | AOFIX vs VISGX |
Best Risk-Adjusted Alternatives to AOFIX
AOFIX has a PortfoliosLab risk / return rank of 31. There are 103 mutual funds in the Small Cap Growth Equities category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Dana Epiphany ESG Small Cap Equity Fund | 91 | — | Nov 2015 | AOFIX vs DSCIX | |
| Needham Small Cap Growth Fund Institutional | 83 | — | Dec 2016 | AOFIX vs NESIX | |
| Needham Small Cap Growth Fund | 82 | — | May 2002 | AOFIX vs NESGX | |
| North Square Spectrum Alpha Fund | 79 | — | Jan 1994 | AOFIX vs ORIGX | |
| Driehaus Micro Cap Growth Fund | 77 | — | Nov 2013 | AOFIX vs DMCRX |
Top Performing AOFIX Alternatives (YTD)
AOFIX is at 15.47% YTD. There are 72 mutual funds in the Small Cap Growth Equities category with higher YTD returns, going as high as 56.00%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Needham Small Cap Growth Fund Institutional | 56.00% | — | Dec 2016 | AOFIX vs NESIX | |
| Needham Small Cap Growth Fund | 55.46% | — | May 2002 | AOFIX vs NESGX | |
| Oberweis Micro Cap Fund | 35.75% | — | Dec 1995 | AOFIX vs OBMCX | |
| Needham Aggressive Growth Fund Institutional Class | 33.50% | — | Dec 2016 | AOFIX vs NEAIX | |
| Needham Aggressive Growth Fund Retail Class | 33.20% | — | Sep 2001 | AOFIX vs NEAGX |
Lowest Volatility Alternatives to AOFIX
AOFIX has 27.67% 1-year volatility. There are 143 mutual funds in the Small Cap Growth Equities category with lower 1-year volatility, going as low as 14.57%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Empiric Fund | 14.57% | — | Nov 1995 | AOFIX vs EMCAX | |
| Calvert Small/Mid-Cap Fund Class I | 15.38% | — | Jul 2011 | AOFIX vs CMCIX | |
| Neuberger Berman Genesis Fund | 16.31% | — | Sep 1988 | AOFIX vs NBGNX | |
| Neuberger Berman Genesis Fund Institutional Class | 16.31% | — | Jul 1999 | AOFIX vs NBGIX | |
| Eaton Vance Small-Cap Fund | 16.33% | — | Jan 1997 | AOFIX vs ETEGX |
Lowest Drawdown Alternatives to AOFIX
AOFIX has a 1-year max drawdown of -19.88%. There are 148 mutual funds in the Small Cap Growth Equities category with shallower 1-year drawdowns, going as shallow as -7.08%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dana Epiphany ESG Small Cap Equity Fund | -7.08% | — | Nov 2015 | AOFIX vs DSCIX | |
| Rydex S&P SmallCap 600 Pure Growth Fund | -8.49% | — | Feb 2004 | AOFIX vs RYWCX | |
| WesMark Small Company Fund | -8.50% | — | Dec 1993 | AOFIX vs WMKSX | |
| Empiric Fund | -8.60% | — | Nov 1995 | AOFIX vs EMCAX | |
| ProFunds Small Cap Growth Fund | -9.15% | — | Sep 2001 | AOFIX vs SGPIX |
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 | 27 | 10.08% | — | Nov 1993 | AOFIX vs ALGRX | |
| Alger Focus Equity A Fund | Large Cap Growth Equities | 27 | 10.07% | — | Nov 1993 | AOFIX vs ALAFX | |
| Alger Capital Appreciation Fund | Large Cap Growth Equities | 20 | 8.37% | — | Dec 1996 | AOFIX vs ACAAX | |
| Alger Capital Appreciation Portfolio | Large Cap Growth Equities | 22 | 8.54% | — | Jan 1995 | AOFIX vs ALVOX | |
| Alger Growth & Income Fund | Large Cap Blend Equities | 83 | 13.02% | — | Dec 1996 | AOFIX vs ALBAX | |
| Alger Large Cap Growth Portfolio Fund | Large Cap Growth Equities | 26 | 14.64% | — | Jan 1989 | AOFIX vs AAGOX | |
| Alger Capital Appreciation Institutional Fund | Large Cap Growth Equities | 22 | 9.61% | — | Nov 1993 | AOFIX vs ALARX | |
| Alger Capital Appreciation Fund Class Z | Large Cap Growth Equities | 20 | 8.61% | — | Dec 2010 | AOFIX vs ACAZX | |
| Alger Spectra Fund | Large Cap Growth Equities | 13 | 4.51% | — | Jul 1969 | AOFIX vs SPECX | |
| Alger Weatherbie Specialized Growth Fund | Small Cap Growth Equities | 7 | 1.72% | — | May 2002 | AOFIX vs ALMAX |
Often Compared With AOFIX
Investors most often compare AOFIX with IWO, VIGAX, SSCPX. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare AOFIX with Any Fund or Stock
Compare AOFIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AOFIX with funds that move differently
Alger Small Cap Focus Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AOFIX.
Explore AOFIX Diversifiers