- ISIN
- US0186361004
- CUSIP
- 018636100
- Issuer
- AllianceBernstein
- Inception Date
- Jul 7, 1938
- Category
- Mid Cap Growth Equities
- Min. Investment
- $2,500
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
CHCLX Performance Chart
AB Discovery Growth Fund (CHCLX) is up 6.9% since the beginning of the year. CHCLX is currently trading at $12 per share. Investors who bought $1,000 worth of CHCLX shares 5 years ago would now be looking at an investment worth $1,051.
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Returns By Period
AB Discovery Growth Fund (CHCLX) has returned 6.93% so far this year and 15.03% over the past 12 months. Over the last ten years, CHCLX has returned 12.14% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.
AB Discovery Growth Fund
- 1D
- 3.17%
- 1M
- -6.23%
- 6M
- 3.53%
- YTD
- 6.93%
- 1Y
- 15.03%
- 3Y*
- 10.95%
- 5Y*
- 1.00%
- 10Y*
- 12.14%
- ALL TIME*
- 9.18%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
CHCLX Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 1986, CHCLX's average daily return is +0.05%, while the average monthly return is +0.94%. At this rate, an investment would double in approximately 6.2 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%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.29% | -1.38% | -5.23% | 12.97% | 6.11% | 3.07% | -10.35% | 6.93% | |||||
| 2025 | 5.87% | -8.76% | -9.77% | 0.39% | 6.32% | 6.40% | 1.80% | 1.10% | 1.42% | 3.46% | -1.51% | 1.33% | 6.67% |
| 2024 | -1.50% | 12.46% | 1.89% | -7.25% | 2.57% | -0.19% | 1.96% | 2.65% | 3.65% | -1.29% | 10.78% | -7.69% | 17.37% |
| 2023 | 9.48% | -1.30% | -0.66% | -1.77% | -0.34% | 8.12% | 2.40% | -2.14% | -6.97% | -7.38% | 10.99% | 9.03% | 18.72% |
| 2022 | -16.28% | -1.27% | -1.01% | -12.58% | -5.29% | -8.38% | 13.17% | -2.80% | -9.53% | 6.00% | 3.82% | -6.01% | -36.11% |
| 2021 | 2.00% | 3.22% | -3.53% | 4.43% | -4.58% | 5.86% | 0.67% | 3.18% | -3.21% | 6.30% | -3.81% | 1.35% | 11.63% |
Benchmark Metrics
AB Discovery Growth Fund has an annualized alpha of 0.39%, beta of 1.09, and R2 of 0.66 versus S&P 500 Index. Calculated based on daily prices since January 02, 1986.
- This fund captured 122.55% of S&P 500 Index gains and 120.59% 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.
- Alpha
- 0.39%
- Beta
- 1.09
- R²
- 0.66
- Upside Capture
- 122.55%
- Downside Capture
- 120.59%
Expense Ratio
CHCLX has an expense ratio of 0.91%, placing it in the medium range.
Return for Risk
Risk / Return Rank
CHCLX ranks 13 for risk / return — above 13% of mutual funds peers on PortfoliosLab. Its historical combined result is below most peers; review the five component ranks for context.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for AB Discovery Growth Fund (CHCLX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CHCLX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.94 | ||
| Sortino ratioReturn per unit of downside risk | -1.16 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.25 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 0.75 | 2.00 | -1.26 |
| Martin ratioReturn relative to average drawdown | 2.42 | 8.49 | -6.07 |
Dividends
Dividend History
AB Discovery Growth Fund provided a 10.85% dividend yield over the last twelve months, with an annual payout of $1.31 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.31 | $1.31 | $0.00 | $0.00 | $0.00 | $2.32 | $2.12 | $1.42 | $1.77 | $0.73 | $0.00 | $0.51 |
Dividend yield | 10.85% | 11.60% | 0.00% | 0.00% | 0.00% | 17.54% | 15.15% | 13.36% | 20.33% | 6.74% | 0.00% | 6.08% |
Monthly Dividends
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.31 | $1.31 |
| 2024 | $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 |
| 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 | $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 | $2.32 | $2.32 |
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 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 11.14%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-63.85%Nov 2008 | 1y 20d | 2y 2mo | 3y 3moNov 2007 - Feb 2011 | Financial crisis2007–2009 |
-62.36%Oct 2002 | 2y 8mo | 3y 1mo | 5y 10moJan 2000 - Nov 2005 | Dot-com crash2000–2002 |
-44.63%Jun 2022 | 7mo 1d | 3y 10mo | 4y 5moNov 2021 - May 2026 | Bear market2022 |
-42.46%Oct 1998 | 5mo 25d | 7mo 7d | 1y 27dApr 1998 - May 1999 | — |
-39.67%Oct 1987 | 1mo 3d | 1y 7mo | 1y 8moSep 1987 - Jun 1989 | Black Monday1987 |
Drawdown Indicators
| CHCLX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.85% | -56.78% | -7.07% |
Max Drawdown (1Y)Largest decline over 1 year | -15.70% | -9.10% | -6.60% |
Max Drawdown (3Y)Largest decline over 3 years | -30.36% | -18.90% | -11.46% |
Max Drawdown (5Y)Largest decline over 5 years | -44.63% | -25.43% | -19.20% |
Max Drawdown (10Y)Largest decline over 10 years | -44.63% | -33.92% | -10.71% |
Current DrawdownCurrent decline from peak | -11.14% | -1.58% | -9.56% |
Average DrawdownAverage peak-to-trough decline | -14.15% | -10.70% | -3.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.84% | 2.14% | +2.70% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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