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ISIN
US0155664099
CUSIP
015566409
Issuer
Alger
Inception Date
Dec 4, 2000
Min. Investment
$1,000
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Growth

Share Price Chart


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Performance

SPEGX Performance Chart

Alger Responsible Investing Fund (SPEGX) is up 13.1% since the beginning of the year. SPEGX is currently trading at $23 per share. Investors who bought $1,000 worth of SPEGX shares 5 years ago would now be looking at an investment worth $1,995.


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S&P 500 Index

Returns By Period

Alger Responsible Investing Fund (SPEGX) has returned 13.13% so far this year and 35.07% over the past 12 months. Looking at the last ten years, SPEGX has achieved an annualized return of 15.42%, outperforming the S&P 500 Index benchmark, which averaged 13.66% per year.


Alger Responsible Investing Fund

1D
0.17%
1M
7.98%
YTD
13.13%
6M
13.27%
1Y
35.07%
3Y*
26.70%
5Y*
14.81%
10Y*
15.42%

Benchmark (S&P 500 Index)

1D
-0.74%
1M
4.90%
YTD
10.35%
6M
10.28%
1Y
26.52%
3Y*
20.83%
5Y*
12.30%
10Y*
13.66%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SPEGX Monthly Returns History

Based on dividend-adjusted daily data since Dec 7, 2000, SPEGX's average daily return is +0.03%, while the average monthly return is +0.57%. At this rate, an investment would double in approximately 10.2 years.

Historically, 61% of months were positive and 39% were negative. The best month was Apr 2020 with a return of +13.6%, while the worst month was Oct 2008 at -17.2%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.

On a daily basis, SPEGX closed higher 51% of trading days. The best single day was Apr 9, 2025 with a return of +11.6%, while the worst single day was Dec 15, 2017 at -12.5%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-0.69%-3.17%-4.45%13.28%7.56%1.05%13.13%
20252.54%-4.15%-8.89%0.80%11.82%6.46%3.70%0.74%6.89%4.28%-3.00%0.58%22.09%
20242.67%5.59%1.79%-4.36%7.53%5.06%-1.85%1.43%2.31%-0.55%6.14%2.57%31.46%
20238.87%-3.26%7.24%1.18%4.11%6.18%3.16%-1.22%-5.92%-1.17%9.93%3.93%36.73%
2022-9.07%-4.89%3.24%-11.93%-2.79%-8.04%12.64%-6.15%-10.48%5.67%6.32%-7.44%-30.82%
2021-1.88%1.35%2.24%6.63%-0.77%5.24%2.95%3.70%-6.04%8.45%-0.40%1.18%24.12%

Benchmark Metrics

Alger Responsible Investing Fund has an annualized alpha of -1.32%, beta of 1.01, and R2 of 0.85 versus S&P 500 Index. Calculated based on daily prices since December 08, 2000.

  • This fund participated in 110.62% of S&P 500 Index downside but only 104.06% of its upside - more exposed to losses than it benefited from rallies.
  • With beta of 1.01 and R2 of 0.85, 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
-1.32%
Beta
1.01
0.85
Upside Capture
104.06%
Downside Capture
110.62%

Expense Ratio

SPEGX has a high expense ratio of 1.27%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

SPEGX ranks 46 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


SPEGX Risk / Return Rank: 4646
Overall Rank
SPEGX Sharpe Ratio Rank: 5353
Sharpe Ratio Rank
SPEGX Sortino Ratio Rank: 4545
Sortino Ratio Rank
SPEGX Omega Ratio Rank: 4444
Omega Ratio Rank
SPEGX Calmar Ratio Rank: 4545
Calmar Ratio Rank
SPEGX Martin Ratio Rank: 4242
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Alger Responsible Investing Fund (SPEGX) and compare them to S&P 500 Index.


SPEGXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

2.15

2.24

-0.09

Sortino ratio

Return per unit of downside risk

2.83

3.07

-0.24

Omega ratio

Gain probability vs. loss probability

1.36

1.41

-0.04

Calmar ratio

Return relative to maximum drawdown

2.55

2.93

-0.38

Martin ratio

Return relative to average drawdown

8.96

13.52

-4.56

Dividends

Dividend History

Alger Responsible Investing Fund provided a 7.56% dividend yield over the last twelve months, with an annual payout of $1.74 per share. The fund has been increasing its distributions for 3 consecutive years.


0.00%2.00%4.00%6.00%8.00%$0.00$0.50$1.00$1.5020182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018
Dividend$1.74$1.74$1.61$0.44$0.09$1.38$1.04$0.86$0.64

Dividend yield

7.56%8.55%8.89%2.92%0.81%8.42%7.23%7.54%7.04%

Monthly Dividends

The table displays the monthly dividend distributions for Alger Responsible Investing Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$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$1.74$1.74
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.61$1.61
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.44$0.44
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.09$0.09
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.38$1.38

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 Alger Responsible Investing 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 Alger Responsible Investing Fund was 67.29%, occurring on Mar 9, 2009. Recovery took 2051 trading sessions.


Related event

Drawdown

Fall

Recovery

Underwater

Financial crisis2007–2009
-67.29%Mar 2009
8y 2mo8y 1mo
16y 4moDec 2000 - May 2017
Bear market2022
-36.33%Oct 2022
10mo 26d1y 4mo
2y 3moNov 2021 - Feb 2024
COVID crash2020
-30.32%Mar 2020
1mo 2d2mo 18d
3mo 20dFeb 2020 - Jun 2020
2025 selloff2025
-24.92%Apr 2025
2mo 14d2mo 19d
5mo 3dJan 2025 - Jun 2025
Rate-hike selloffLate 2018
-23.08%Dec 2018
2mo 23d4mo 3d
6mo 26dOct 2018 - Apr 2019

Drawdown Indicators


SPEGXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-67.29%

-56.78%

-10.51%

Max Drawdown (1Y)

Largest decline over 1 year

-14.24%

-9.10%

-5.14%

Max Drawdown (3Y)

Largest decline over 3 years

-24.92%

-18.90%

-6.02%

Max Drawdown (5Y)

Largest decline over 5 years

-36.33%

-25.43%

-10.90%

Max Drawdown (10Y)

Largest decline over 10 years

-36.33%

-33.92%

-2.41%

Current Drawdown

Current decline from peak

0.00%

-0.74%

+0.74%

Average Drawdown

Average peak-to-trough decline

-24.51%

-10.72%

-13.79%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.05%

1.97%

+2.08%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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