Alger Spectra Fund (SPECX) belongs to the Large 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 SPECX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SPECX
SPECX charges 1.39% annually. There are 388 mutual funds in the Large Cap Growth Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Growth Index Fund Institutional Shares | 0.03% | 378.80B | May 1998 | SPECX vs VIGIX | |
| Schwab U.S. Large-Cap Growth Index Fund | 0.04% | 4.75B | Dec 2017 | SPECX vs SWLGX | |
| Fidelity Large Cap Growth Index Fund | 0.04% | — | — | SPECX vs FSPGX | |
| Nuveen Large Cap Growth Index Fund R6 Class | 0.05% | — | Oct 2002 | SPECX vs TILIX | |
| Vanguard Russell 1000 Growth Index Fund Institutio... | 0.05% | — | Dec 2010 | SPECX vs VRGWX |
Best Risk-Adjusted Alternatives to SPECX
SPECX has a PortfoliosLab risk / return rank of 13. There are 226 mutual funds in the Large Cap Growth Equities category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Davis New York Venture Fund Class Y | 91 | — | Feb 1969 | SPECX vs DNVYX | |
| Vanguard PRIMECAP Fund Investor Shares | 90 | 96.10B | Nov 1984 | SPECX vs VPMCX | |
| Vanguard Capital Opportunity Fund Admiral Shares | 84 | 32.70B | Nov 2001 | SPECX vs VHCAX | |
| Fidelity Stock Selector All Cap Fund | 80 | — | Sep 1990 | SPECX vs FDSSX | |
| Fidelity Advisor Stock Selector All Cap Fund Class... | 80 | — | Aug 2013 | SPECX vs FZAPX |
Top Performing SPECX Alternatives (YTD)
SPECX is at 4.51% YTD. There are 229 mutual funds in the Large Cap Growth Equities category with higher YTD returns, going as high as 29.13%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| One Rock Fund | 29.13% | — | Mar 2020 | SPECX vs ONERX | |
| ICON Equity Fund | 28.55% | — | Oct 2002 | SPECX vs IOLZX | |
| Chase Growth Fund Institutional Class | 22.03% | — | Jan 2007 | SPECX vs CHAIX | |
| Chase Growth Fund | 22.03% | — | Dec 1997 | SPECX vs CHASX | |
| Glenmede Quantitative U.S. Large Cap Growth Equity... | 21.57% | — | Feb 2004 | SPECX vs GTLLX |
Lowest Volatility Alternatives to SPECX
SPECX has 25.01% 1-year volatility. There are 399 mutual funds in the Large Cap Growth Equities category with lower 1-year volatility, going as low as 6.77%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BBH Select Series - Large Cap Fund | 6.77% | — | Sep 2019 | SPECX vs BBLIX | |
| Meridian Enhanced Equity Fund | 9.95% | — | Jan 2005 | SPECX vs MEIFX | |
| CIBC Atlas Equity Income Fund | 10.24% | — | Apr 2010 | SPECX vs AWYIX | |
| Marshfield Concentrated Opportunity Fund | 10.40% | — | Dec 2015 | SPECX vs MRFOX | |
| GQG Partners US Select Quality Equity Fund Investo... | 10.60% | — | Sep 2018 | SPECX vs GQEPX |
Lowest Drawdown Alternatives to SPECX
SPECX has a 1-year max drawdown of -20.03%. There are 386 mutual funds in the Large Cap Growth Equities category with shallower 1-year drawdowns, going as shallow as -3.63%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BBH Select Series - Large Cap Fund | -3.63% | — | Sep 2019 | SPECX vs BBLIX | |
| Meridian Enhanced Equity Fund | -4.80% | — | Jan 2005 | SPECX vs MEIFX | |
| LKCM Aquinas Catholic Equity Fund | -7.02% | — | Jul 2005 | SPECX vs AQEIX | |
| Marshfield Concentrated Opportunity Fund | -7.03% | — | Dec 2015 | SPECX vs MRFOX | |
| Davis New York Venture Fund Class Y | -7.97% | — | Feb 1969 | SPECX vs DNVYX |
Other Mutual Funds from Alger
The 10 most viewed Alger mutual funds shown here include ALGRX, ALAFX, ACAAX and span 5 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 | SPECX vs ALGRX | |
| Alger Focus Equity A Fund | Large Cap Growth Equities | 27 | 10.07% | — | Nov 1993 | SPECX vs ALAFX | |
| Alger Capital Appreciation Fund | Large Cap Growth Equities | 20 | 8.37% | — | Dec 1996 | SPECX vs ACAAX | |
| Alger Capital Appreciation Portfolio | Large Cap Growth Equities | 22 | 8.54% | — | Jan 1995 | SPECX vs ALVOX | |
| Alger Growth & Income Fund | Large Cap Blend Equities | 83 | 13.02% | — | Dec 1996 | SPECX vs ALBAX | |
| Alger Large Cap Growth Portfolio Fund | Large Cap Growth Equities | 26 | 14.64% | — | Jan 1989 | SPECX vs AAGOX | |
| Alger Capital Appreciation Institutional Fund | Large Cap Growth Equities | 22 | 9.61% | — | Nov 1993 | SPECX vs ALARX | |
| Alger Capital Appreciation Fund Class Z | Large Cap Growth Equities | 20 | 8.61% | — | Dec 2010 | SPECX vs ACAZX | |
| Alger Weatherbie Specialized Growth Fund | Small Cap Growth Equities | 7 | 1.72% | — | May 2002 | SPECX vs ALMAX | |
| Alger AI Enablers & Adopters Z | Artificial Intelligence, Technology Equities | 38 | 18.89% | — | Apr 2024 | SPECX vs AAIZX |
Often Compared With SPECX
Investors most often compare SPECX with BFOCX, WIREX, VGT. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare SPECX with Any Fund or Stock
Compare SPECX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SPECX with funds that move differently
Alger Spectra Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SPECX.
Explore SPECX Diversifiers