AB Discovery Growth Fund (CHCLX)

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The chart shows the growth of an initial investment of $10,000 in AB Discovery 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.

AB Discovery Growth Fund (CHCLX) has returned -8.44% so far this year and 12.06% over the past 12 months. Over the last ten years, CHCLX has returned 11.17% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jan 2, 1986, CHCLX's average daily return is +0.05%, while the average monthly return is +0.91%. At this rate, your investment would double in approximately 6.4 years.

Historically, 59% of months were positive and 41% were negative. The best month was May 2003 with a return of +18.0%, while the worst month was Oct 1987 at -27.2%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 6 months.

On a daily basis, CHCLX closed higher 51% of trading days. The best single day was Dec 18, 1986 with a return of +28.5%, while the worst single day was Jan 14, 1986 at -27.7%.

AB Discovery Growth Fund has an annualized alpha of 0.42%, beta of 1.09, and R² of 0.66 versus S&P 500 Index. Calculated based on daily prices since January 03, 1986.

• This fund captured 122.32% of S&P 500 Index gains and 120.11% of its losses — amplifying both gains and losses, but participating more in upside than downside.
• With beta of 1.09 and R² of 0.66, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

CHCLX has an expense ratio of 0.91%, placing it in the medium range.

CHCLX ranks 15 for risk / return — in the bottom 15% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for AB Discovery Growth Fund (CHCLX) and compare them to a chosen benchmark (S&P 500 Index).

AB Discovery Growth Fund provided a 12.67% dividend yield over the last twelve months, with an annual payout of $1.31 per share.

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

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.

The table below displays the maximum drawdowns of the AB Discovery 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 AB Discovery Growth Fund was 63.85%, occurring on Nov 20, 2008. Recovery took 555 trading sessions.

The current AB Discovery Growth Fund drawdown is 18.05%.

The chart below shows the rolling one-month volatility.