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 385 mutual funds in the Large Cap Growth Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| American Century Growth Fund G Class | 0.01% | — | Mar 2022 | SPECX vs ACIHX | |
| Schwab U.S. Large-Cap Growth Index Fund | 0.04% | 4.94B | Dec 2017 | SPECX vs SWLGX | |
| Fidelity Large Cap Growth Index Fund | 0.04% | — | — | SPECX vs FSPGX | |
| Vanguard Growth Index Fund Institutional Shares | 0.04% | 393.80B | May 1998 | SPECX vs VIGIX | |
| Nuveen Large Cap Growth Index Fund R6 Class | 0.05% | — | Oct 2002 | SPECX vs TILIX |
Best Risk-Adjusted Alternatives to SPECX
SPECX has a PortfoliosLab risk / return rank of 22. There are 164 mutual funds in the Large Cap Growth Equities category with higher risk-adjusted ranks, going as high as 90.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard PRIMECAP Fund Investor Shares | 90 | 92.00B | Nov 1984 | SPECX vs VPMCX | |
| One Rock Fund | 89 | — | Mar 2020 | SPECX vs ONERX | |
| Chase Growth Fund Institutional Class | 89 | — | Jan 2007 | SPECX vs CHAIX | |
| Chase Growth Fund | 89 | — | Dec 1997 | SPECX vs CHASX | |
| Vanguard Capital Opportunity Fund Admiral Shares | 86 | 31.20B | Nov 2001 | SPECX vs VHCAX |
Top Performing SPECX Alternatives (YTD)
SPECX is at 7.53% YTD. There are 157 mutual funds in the Large Cap Growth Equities category with higher YTD returns, going as high as 61.33%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| One Rock Fund | 61.33% | — | Mar 2020 | SPECX vs ONERX | |
| ICON Equity Fund | 27.06% | — | Oct 2002 | SPECX vs IOLZX | |
| Fidelity SAI U.S. Momentum Index Fund | 25.28% | — | Feb 2017 | SPECX vs FUMIX | |
| Chase Growth Fund | 25.25% | — | Dec 1997 | SPECX vs CHASX | |
| Chase Growth Fund Institutional Class | 25.21% | — | Jan 2007 | SPECX vs CHAIX |
Lowest Volatility Alternatives to SPECX
SPECX has 24.03% 1-year volatility. There are 394 mutual funds in the Large Cap Growth Equities category with lower 1-year volatility, going as low as 6.84%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BBH Select Series - Large Cap Fund | 6.84% | — | Sep 2019 | SPECX vs BBLIX | |
| Meridian Enhanced Equity Fund | 9.75% | — | Jan 2005 | SPECX vs MEIFX | |
| Marshfield Concentrated Opportunity Fund | 10.05% | — | Dec 2015 | SPECX vs MRFOX | |
| CIBC Atlas Equity Income Fund | 10.17% | — | Apr 2010 | SPECX vs AWYIX | |
| GQG Partners US Select Quality Equity Fund Investo... | 10.65% | — | Sep 2018 | SPECX vs GQEPX |
Lowest Drawdown Alternatives to SPECX
SPECX has a 1-year max drawdown of -20.03%. There are 382 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 4 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Alger Focus Equity Fund Class I | Large Cap Growth Equities | 45 | 12.62% | — | Nov 1993 | SPECX vs ALGRX | |
| Alger Focus Equity A Fund | Large Cap Growth Equities | 44 | 12.59% | — | Nov 1993 | SPECX vs ALAFX | |
| Alger Capital Appreciation Fund | Large Cap Growth Equities | 30 | 10.62% | — | Dec 1996 | SPECX vs ACAAX | |
| Alger Growth & Income Fund | Large Cap Blend Equities | 84 | 12.91% | — | Dec 1996 | SPECX vs ALBAX | |
| Alger Large Cap Growth Portfolio Fund | Large Cap Growth Equities | 40 | 17.49% | — | Jan 1989 | SPECX vs AAGOX | |
| Alger Capital Appreciation Portfolio | Large Cap Growth Equities | 32 | 10.56% | — | Jan 1995 | SPECX vs ALVOX | |
| Alger Capital Appreciation Institutional Fund | Large Cap Growth Equities | 34 | 12.09% | — | Nov 1993 | SPECX vs ALARX | |
| Alger Capital Appreciation Fund Class Z | Large Cap Growth Equities | 31 | 10.84% | — | Dec 2010 | SPECX vs ACAZX | |
| Alger Weatherbie Specialized Growth Fund | Small Cap Growth Equities | 9 | 5.45% | — | May 2002 | SPECX vs ALMAX | |
| Alger AI Enablers & Adopters Z | Technology Equities | 65 | 22.19% | — | Apr 2024 | SPECX vs AAIZX |
Often Compared With SPECX
Investors most often compare SPECX with BFOCX, WIREX, VGT. These 20 comparison targets span 8 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