AAGOX vs. FUMIX
AAGOX (Alger Large Cap Growth Portfolio Fund) and FUMIX (Fidelity SAI U.S. Momentum Index Fund) are both Large Cap Growth Equities funds. Over the past 5 years, AAGOX returned 11.09%/yr vs 14.32%/yr for FUMIX. Their correlation of 0.86 means they have usually moved in the same direction. AAGOX charges 0.82%/yr vs 0.11%/yr for FUMIX.
Performance
AAGOX vs. FUMIX - Performance Comparison
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Returns By Period
In the year-to-date period, AAGOX achieves a 12.62% return, which is significantly lower than FUMIX's 20.70% return.
AAGOX
- 1D
- 3.96%
- 1M
- -4.98%
- 6M
- 13.74%
- YTD
- 12.62%
- 1Y
- 27.06%
- 3Y*
- 28.99%
- 5Y*
- 11.09%
- 10Y*
- 18.19%
- ALL TIME*
- 12.03%
FUMIX
- 1D
- 4.41%
- 1M
- -3.93%
- 6M
- 18.40%
- YTD
- 20.70%
- 1Y
- 26.41%
- 3Y*
- 27.49%
- 5Y*
- 14.32%
- 10Y*
- —
- ALL TIME*
- 16.80%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
AAGOX vs. FUMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AAGOX Alger Large Cap Growth Portfolio Fund | 12.62% | 29.82% | 42.89% | 32.67% | -38.76% | 12.63% | 67.21% | 27.43% | 2.36% | 20.55% |
FUMIX Fidelity SAI U.S. Momentum Index Fund | 20.70% | 17.01% | 33.39% | 14.67% | -15.79% | 22.56% | 29.92% | 24.16% | -1.41% | 22.71% |
Correlation
The correlation between AAGOX and FUMIX is 0.82, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.82 |
Correlation (3Y) Balances recent behavior with more history. | 0.85 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.83 |
Correlation (All Time) Calculated using the full available price history since Feb 9, 2017 | 0.86 |
The correlation between AAGOX and FUMIX has been stable across timeframes, ranging from 0.82 to 0.86 - a consistent structural relationship.
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Return for Risk
AAGOX vs. FUMIX — Risk / Return Rank
AAGOX
FUMIX
AAGOX vs. FUMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alger Large Cap Growth Portfolio Fund (AAGOX) and Fidelity SAI U.S. Momentum Index Fund (FUMIX). 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.
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.
| AAGOX | FUMIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.25 | ||
| Sortino ratioReturn per unit of downside risk | -0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.22 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.38 | 1.92 | -0.54 |
| Martin ratioReturn relative to average drawdown | 3.91 | 7.85 | -3.94 |
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Drawdowns
AAGOX vs. FUMIX - Drawdown Comparison
The maximum AAGOX drawdown since its inception was -60.22%, which is greater than FUMIX's maximum drawdown of -33.36%. Use the drawdown chart below to compare losses from any high point for AAGOX and FUMIX.
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Drawdown Indicators
| AAGOX | FUMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.22% | -33.36% | -26.86% |
Max Drawdown (1Y)Largest decline over 1 year | -18.11% | -12.87% | -5.24% |
Max Drawdown (3Y)Largest decline over 3 years | -27.34% | -19.90% | -7.44% |
Max Drawdown (5Y)Largest decline over 5 years | -44.07% | -27.66% | -16.41% |
Max Drawdown (10Y)Largest decline over 10 years | -44.07% | — | — |
Current DrawdownCurrent decline from peak | -10.78% | -9.03% | -1.75% |
Average DrawdownAverage peak-to-trough decline | -15.66% | -6.28% | -9.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.40% | 3.14% | +3.26% |
Volatility
AAGOX vs. FUMIX - Volatility Comparison
Alger Large Cap Growth Portfolio Fund (AAGOX) and Fidelity SAI U.S. Momentum Index Fund (FUMIX) have volatilities of 8.52% and 8.78%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AAGOX | FUMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.52% | 8.78% | -0.26% |
Volatility (6M)Calculated over the trailing 6-month period | 21.70% | 18.87% | +2.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.05% | 21.08% | +5.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.79% | 21.82% | +4.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.02% | 21.99% | +3.03% |
AAGOX vs. FUMIX - Expense Ratio Comparison
AAGOX has a 0.82% expense ratio, which is higher than FUMIX's 0.11% expense ratio.
Dividends
AAGOX vs. FUMIX - Dividend Comparison
AAGOX's dividend yield for the trailing twelve months is around 10.75%, more than FUMIX's 2.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAGOX Alger Large Cap Growth Portfolio Fund | 10.75% | 12.11% | 0.00% | 0.00% | 5.91% | 28.74% | 14.75% | 1.88% | 22.68% | 9.81% | 0.00% | 12.42% |
FUMIX Fidelity SAI U.S. Momentum Index Fund | 2.30% | 2.77% | 5.89% | 18.09% | 2.10% | 20.67% | 8.68% | 2.09% | 3.84% | 0.88% | 0.00% | 0.00% |
Frequently Asked Questions
AAGOX and FUMIX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FUMIX has higher volatility (8.78%) compared to AAGOX (8.52%). In terms of maximum drawdown, AAGOX dropped -60.22% vs FUMIX's -33.36%.
FUMIX currently has the higher Sharpe Ratio (1.18 vs 0.93), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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