AASOX vs. FDG
Compare and contrast key facts about Alger Small Cap Growth Portfolio (AASOX) and American Century Focused Dynamic Growth ETF (FDG).
AASOX is managed by Alger. It was launched on Sep 21, 1988. FDG is an actively managed fund by American Century Investments. It was launched on Mar 31, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AASOX or FDG.
Key characteristics
| AASOX | FDG | |
|---|---|---|
| YTD Return | 1.69% | 14.02% |
| 1Y Return | 15.22% | 41.49% |
| 3Y Return (Ann) | -11.84% | 1.93% |
| Sharpe Ratio | 0.77 | 2.41 |
| Daily Std Dev | 18.35% | 17.15% |
| Max Drawdown | -60.31% | -43.69% |
| Current Drawdown | -49.50% | -8.99% |
Correlation
The correlation between AASOX and FDG is 0.87, 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
AASOX vs. FDG - Performance Comparison
In the year-to-date period, AASOX achieves a 1.69% return, which is significantly lower than FDG's 14.02% return. 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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AASOX vs. FDG - Expense Ratio Comparison
AASOX has a 0.95% expense ratio, which is higher than FDG's 0.45% expense ratio.
Risk-Adjusted Performance
AASOX vs. FDG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alger Small Cap Growth Portfolio (AASOX) and American Century Focused Dynamic Growth ETF (FDG). 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
AASOX vs. FDG - Dividend Comparison
Neither AASOX nor FDG has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
AASOX Alger Small Cap Growth Portfolio | 0.00% | 0.00% | 22.43% | 49.73% | 6.88% | 5.59% | 4.58% |
FDG American Century Focused Dynamic Growth ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% |
Drawdowns
AASOX vs. FDG - Drawdown Comparison
The maximum AASOX drawdown since its inception was -60.31%, which is greater than FDG's maximum drawdown of -43.69%. Use the drawdown chart below to compare losses from any high point for AASOX and FDG. For additional features, visit the drawdowns tool.
Volatility
AASOX vs. FDG - Volatility Comparison
Alger Small Cap Growth Portfolio (AASOX) and American Century Focused Dynamic Growth ETF (FDG) have volatilities of 6.64% and 6.55%, 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.