AAGOX vs. ACAYX
Compare and contrast key facts about Alger Large Cap Growth Portfolio Fund (AAGOX) and Alger Capital Appreciation Institutional Fund Class Y (ACAYX).
AAGOX is managed by Alger. It was launched on Jan 9, 1989. ACAYX is managed by Alger. It was launched on Feb 28, 2017.
Performance
AAGOX vs. ACAYX - Performance Comparison
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AAGOX vs. ACAYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AAGOX Alger Large Cap Growth Portfolio Fund | -7.63% | 29.82% | 42.89% | 32.67% | -38.76% | 12.63% | 67.21% | 27.43% | 2.36% | 16.64% |
ACAYX Alger Capital Appreciation Institutional Fund Class Y | -10.06% | 32.26% | 70.32% | 43.39% | -36.58% | 18.80% | 42.01% | 33.67% | -0.38% | 18.92% |
Returns By Period
In the year-to-date period, AAGOX achieves a -7.63% return, which is significantly higher than ACAYX's -10.06% return.
AAGOX
- 1D
- 5.23%
- 1M
- -3.43%
- YTD
- -7.63%
- 6M
- -11.22%
- 1Y
- 35.34%
- 3Y*
- 25.94%
- 5Y*
- 8.75%
- 10Y*
- 16.21%
ACAYX
- 1D
- 4.94%
- 1M
- -4.87%
- YTD
- -10.06%
- 6M
- -11.16%
- 1Y
- 33.24%
- 3Y*
- 36.74%
- 5Y*
- 16.18%
- 10Y*
- —
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AAGOX vs. ACAYX - Expense Ratio Comparison
AAGOX has a 0.82% expense ratio, which is lower than ACAYX's 0.83% expense ratio.
Return for Risk
AAGOX vs. ACAYX — Risk / Return Rank
AAGOX
ACAYX
AAGOX vs. ACAYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alger Large Cap Growth Portfolio Fund (AAGOX) and Alger Capital Appreciation Institutional Fund Class Y (ACAYX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| AAGOX | ACAYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.31 | 1.26 | +0.04 |
Sortino ratioReturn per unit of downside risk | 1.89 | 1.87 | +0.02 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.25 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 1.98 | 1.86 | +0.12 |
Martin ratioReturn relative to average drawdown | 6.23 | 6.18 | +0.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AAGOX | ACAYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.31 | 1.26 | +0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 0.58 | -0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.74 | -0.20 |
Correlation
The correlation between AAGOX and ACAYX is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
AAGOX vs. ACAYX - Dividend Comparison
AAGOX's dividend yield for the trailing twelve months is around 13.11%, more than ACAYX's 7.39% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAGOX Alger Large Cap Growth Portfolio Fund | 13.11% | 12.11% | 0.00% | 0.00% | 5.91% | 28.74% | 14.75% | 1.88% | 22.68% | 9.81% | 0.00% | 12.42% |
ACAYX Alger Capital Appreciation Institutional Fund Class Y | 7.39% | 6.64% | 24.81% | 7.76% | 3.77% | 18.85% | 16.28% | 10.19% | 12.28% | 6.73% | 0.00% | 0.00% |
Drawdowns
AAGOX vs. ACAYX - Drawdown Comparison
The maximum AAGOX drawdown since its inception was -60.22%, which is greater than ACAYX's maximum drawdown of -46.37%. Use the drawdown chart below to compare losses from any high point for AAGOX and ACAYX.
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Drawdown Indicators
| AAGOX | ACAYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.22% | -46.37% | -13.85% |
Max Drawdown (1Y)Largest decline over 1 year | -18.11% | -18.50% | +0.39% |
Max Drawdown (5Y)Largest decline over 5 years | -44.07% | -46.37% | +2.30% |
Max Drawdown (10Y)Largest decline over 10 years | -44.07% | — | — |
Current DrawdownCurrent decline from peak | -13.82% | -14.47% | +0.65% |
Average DrawdownAverage peak-to-trough decline | -15.77% | -10.88% | -4.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.75% | 5.56% | +0.19% |
Volatility
AAGOX vs. ACAYX - Volatility Comparison
Alger Large Cap Growth Portfolio Fund (AAGOX) has a higher volatility of 9.87% compared to Alger Capital Appreciation Institutional Fund Class Y (ACAYX) at 9.21%. This indicates that AAGOX's price experiences larger fluctuations and is considered to be riskier than ACAYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AAGOX | ACAYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.87% | 9.21% | +0.66% |
Volatility (6M)Calculated over the trailing 6-month period | 18.94% | 17.18% | +1.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.41% | 27.95% | +0.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.12% | 28.22% | -2.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.60% | 25.93% | -1.33% |