AAGOX vs. SMH
Compare and contrast key facts about Alger Large Cap Growth Portfolio Fund (AAGOX) and VanEck Vectors Semiconductor ETF (SMH).
AAGOX is managed by Alger. It was launched on Jan 9, 1989. SMH is a passively managed fund by VanEck that tracks the performance of the MVIS US Listed Semiconductor 25 Index. It was launched on Dec 20, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAGOX or SMH.
Correlation
The correlation between AAGOX and SMH is 0.78, 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.
Performance
AAGOX vs. SMH - Performance Comparison
Key characteristics
AAGOX:
1.93
SMH:
0.75
AAGOX:
2.49
SMH:
1.18
AAGOX:
1.34
SMH:
1.15
AAGOX:
1.03
SMH:
1.10
AAGOX:
11.10
SMH:
2.53
AAGOX:
3.82%
SMH:
10.78%
AAGOX:
21.87%
SMH:
36.20%
AAGOX:
-59.16%
SMH:
-83.29%
AAGOX:
-14.23%
SMH:
-9.80%
Returns By Period
In the year-to-date period, AAGOX achieves a 8.34% return, which is significantly higher than SMH's 4.30% return. Over the past 10 years, AAGOX has underperformed SMH with an annualized return of 4.56%, while SMH has yielded a comparatively higher 25.93% annualized return.
AAGOX
8.34%
4.85%
24.81%
40.21%
5.63%
4.56%
SMH
4.30%
-2.20%
0.94%
25.75%
28.10%
25.93%
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AAGOX vs. SMH - Expense Ratio Comparison
AAGOX has a 0.82% expense ratio, which is higher than SMH's 0.35% expense ratio.
Risk-Adjusted Performance
AAGOX vs. SMH — Risk-Adjusted Performance Rank
AAGOX
SMH
AAGOX vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alger Large Cap Growth Portfolio Fund (AAGOX) and VanEck Vectors Semiconductor ETF (SMH). 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.
Dividends
AAGOX vs. SMH - Dividend Comparison
AAGOX has not paid dividends to shareholders, while SMH's dividend yield for the trailing twelve months is around 0.42%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAGOX Alger Large Cap Growth Portfolio Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.18% |
SMH VanEck Vectors Semiconductor ETF | 0.42% | 0.44% | 0.60% | 1.18% | 0.51% | 0.69% | 1.50% | 1.88% | 1.43% | 0.80% | 2.14% | 1.16% |
Drawdowns
AAGOX vs. SMH - Drawdown Comparison
The maximum AAGOX drawdown since its inception was -59.16%, smaller than the maximum SMH drawdown of -83.29%. Use the drawdown chart below to compare losses from any high point for AAGOX and SMH. For additional features, visit the drawdowns tool.
Volatility
AAGOX vs. SMH - Volatility Comparison
The current volatility for Alger Large Cap Growth Portfolio Fund (AAGOX) is 8.54%, while VanEck Vectors Semiconductor ETF (SMH) has a volatility of 12.59%. This indicates that AAGOX experiences smaller price fluctuations and is considered to be less risky than SMH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.