AAICX vs. VITAX
Compare and contrast key facts about Alger AI Enablers & Adopters C (AAICX) and Vanguard Information Technology Index Fund Admiral Shares (VITAX).
AAICX is managed by Alger. It was launched on Apr 4, 2024. VITAX is a passively managed fund by Vanguard that tracks the performance of the MSCI US IMI Info Technology 25/50. It was launched on Mar 25, 2004.
Performance
AAICX vs. VITAX - Performance Comparison
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AAICX vs. VITAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AAICX Alger AI Enablers & Adopters C | -8.09% | 39.54% | 32.77% |
VITAX Vanguard Information Technology Index Fund Admiral Shares | -7.30% | 21.78% | 20.58% |
Returns By Period
In the year-to-date period, AAICX achieves a -8.09% return, which is significantly lower than VITAX's -7.30% return.
AAICX
- 1D
- 4.85%
- 1M
- -2.45%
- YTD
- -8.09%
- 6M
- -10.87%
- 1Y
- 44.46%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VITAX
- 1D
- 4.32%
- 1M
- -4.86%
- YTD
- -7.30%
- 6M
- -7.06%
- 1Y
- 28.08%
- 3Y*
- 22.58%
- 5Y*
- 14.54%
- 10Y*
- 21.35%
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AAICX vs. VITAX - Expense Ratio Comparison
AAICX has a 1.66% expense ratio, which is higher than VITAX's 0.10% expense ratio.
Return for Risk
AAICX vs. VITAX — Risk / Return Rank
AAICX
VITAX
AAICX vs. VITAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alger AI Enablers & Adopters C (AAICX) and Vanguard Information Technology Index Fund Admiral Shares (VITAX). 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.
| AAICX | VITAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.63 | 1.06 | +0.57 |
Sortino ratioReturn per unit of downside risk | 2.27 | 1.64 | +0.63 |
Omega ratioGain probability vs. loss probability | 1.31 | 1.23 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 2.56 | 1.77 | +0.78 |
Martin ratioReturn relative to average drawdown | 7.69 | 5.48 | +2.21 |
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
| AAICX | VITAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.63 | 1.06 | +0.57 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.58 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.87 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.12 | 0.59 | +0.53 |
Correlation
The correlation between AAICX and VITAX is 0.91, 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
AAICX vs. VITAX - Dividend Comparison
AAICX's dividend yield for the trailing twelve months is around 7.00%, more than VITAX's 0.44% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAICX Alger AI Enablers & Adopters C | 7.00% | 6.44% | 4.48% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VITAX Vanguard Information Technology Index Fund Admiral Shares | 0.44% | 0.40% | 0.60% | 0.65% | 0.91% | 0.63% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% |
Drawdowns
AAICX vs. VITAX - Drawdown Comparison
The maximum AAICX drawdown since its inception was -29.07%, smaller than the maximum VITAX drawdown of -54.81%. Use the drawdown chart below to compare losses from any high point for AAICX and VITAX.
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Drawdown Indicators
| AAICX | VITAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.07% | -54.81% | +25.74% |
Max Drawdown (1Y)Largest decline over 1 year | -17.87% | -16.38% | -1.49% |
Max Drawdown (5Y)Largest decline over 5 years | — | -35.10% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.10% | — |
Current DrawdownCurrent decline from peak | -13.88% | -12.77% | -1.11% |
Average DrawdownAverage peak-to-trough decline | -5.34% | -8.06% | +2.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.94% | 5.30% | +0.64% |
Volatility
AAICX vs. VITAX - Volatility Comparison
Alger AI Enablers & Adopters C (AAICX) has a higher volatility of 9.47% compared to Vanguard Information Technology Index Fund Admiral Shares (VITAX) at 8.04%. This indicates that AAICX's price experiences larger fluctuations and is considered to be riskier than VITAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AAICX | VITAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.47% | 8.04% | +1.43% |
Volatility (6M)Calculated over the trailing 6-month period | 17.85% | 16.41% | +1.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.86% | 27.65% | +1.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.96% | 25.29% | +2.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.96% | 24.72% | +3.24% |