AAGOX vs. VOO
Compare and contrast key facts about Alger Large Cap Growth Portfolio Fund (AAGOX) and Vanguard S&P 500 ETF (VOO).
AAGOX is managed by Alger. It was launched on Jan 9, 1989. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAGOX or VOO.
Key characteristics
| AAGOX | VOO | |
|---|---|---|
| YTD Return | 14.15% | 7.94% |
| 1Y Return | 35.90% | 28.21% |
| 3Y Return (Ann) | 0.35% | 8.82% |
| 5Y Return (Ann) | 13.52% | 13.59% |
| 10Y Return (Ann) | 12.91% | 12.69% |
| Sharpe Ratio | 2.09 | 2.33 |
| Daily Std Dev | 17.54% | 11.70% |
| Max Drawdown | -56.55% | -33.99% |
| Current Drawdown | -13.39% | -2.36% |
Correlation
The correlation between AAGOX and VOO is 0.89, 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. VOO - Performance Comparison
In the year-to-date period, AAGOX achieves a 14.15% return, which is significantly higher than VOO's 7.94% return. Both investments have delivered pretty close results over the past 10 years, with AAGOX having a 12.91% annualized return and VOO not far behind at 12.69%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AAGOX vs. VOO - Expense Ratio Comparison
AAGOX has a 0.82% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
AAGOX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alger Large Cap Growth Portfolio Fund (AAGOX) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
AAGOX has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.36%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAGOX Alger Large Cap Growth Portfolio Fund | 0.00% | 0.00% | 5.91% | 28.74% | 14.75% | 1.88% | 22.68% | 9.81% | 0.37% | 12.42% | 18.72% | 0.71% |
VOO Vanguard S&P 500 ETF | 1.36% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
AAGOX vs. VOO - Drawdown Comparison
The maximum AAGOX drawdown since its inception was -56.55%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for AAGOX and VOO. For additional features, visit the drawdowns tool.
Volatility
AAGOX vs. VOO - Volatility Comparison
Alger Large Cap Growth Portfolio Fund (AAGOX) has a higher volatility of 7.48% compared to Vanguard S&P 500 ETF (VOO) at 4.09%. This indicates that AAGOX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.