ABLOX vs. ALARX
Compare and contrast key facts about Alger Balanced Portfolio Fund (ABLOX) and Alger Capital Appreciation Institutional Fund (ALARX).
ABLOX is managed by Alger. It was launched on Sep 4, 1989. ALARX is managed by Alger. It was launched on Nov 8, 1993.
Performance
ABLOX vs. ALARX - Performance Comparison
Loading graphics...
ABLOX vs. ALARX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ABLOX Alger Balanced Portfolio Fund | -1.15% | 16.03% | 17.06% | 17.44% | -11.40% | 19.17% | 10.23% | 19.50% | -3.31% | 15.46% |
ALARX Alger Capital Appreciation Institutional Fund | -10.15% | 31.75% | 49.44% | 42.82% | -36.88% | 18.38% | 41.50% | 33.13% | -0.82% | 31.11% |
Returns By Period
In the year-to-date period, ABLOX achieves a -1.15% return, which is significantly higher than ALARX's -10.15% return. Over the past 10 years, ABLOX has underperformed ALARX with an annualized return of 9.86%, while ALARX has yielded a comparatively higher 16.80% annualized return.
ABLOX
- 1D
- 2.11%
- 1M
- -3.71%
- YTD
- -1.15%
- 6M
- 1.15%
- 1Y
- 17.12%
- 3Y*
- 14.91%
- 5Y*
- 9.65%
- 10Y*
- 9.86%
ALARX
- 1D
- 4.97%
- 1M
- -4.89%
- YTD
- -10.15%
- 6M
- -11.34%
- 1Y
- 32.72%
- 3Y*
- 30.55%
- 5Y*
- 12.82%
- 10Y*
- 16.80%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ABLOX vs. ALARX - Expense Ratio Comparison
ABLOX has a 1.04% expense ratio, which is lower than ALARX's 1.12% expense ratio.
Return for Risk
ABLOX vs. ALARX — Risk / Return Rank
ABLOX
ALARX
ABLOX vs. ALARX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alger Balanced Portfolio Fund (ABLOX) and Alger Capital Appreciation Institutional Fund (ALARX). 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.
| ABLOX | ALARX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.35 | 1.25 | +0.11 |
Sortino ratioReturn per unit of downside risk | 1.97 | 1.85 | +0.13 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.25 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 2.08 | 1.82 | +0.26 |
Martin ratioReturn relative to average drawdown | 9.81 | 6.03 | +3.78 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| ABLOX | ALARX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.35 | 1.25 | +0.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.80 | 0.46 | +0.34 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.83 | 0.68 | +0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.47 | +0.01 |
Correlation
The correlation between ABLOX and ALARX 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
ABLOX vs. ALARX - Dividend Comparison
ABLOX's dividend yield for the trailing twelve months is around 13.88%, more than ALARX's 7.77% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABLOX Alger Balanced Portfolio Fund | 13.88% | 13.72% | 0.18% | 1.72% | 5.99% | 3.65% | 1.55% | 3.95% | 21.77% | 2.83% | 0.00% | 2.12% |
ALARX Alger Capital Appreciation Institutional Fund | 7.77% | 6.99% | 13.06% | 8.09% | 3.90% | 19.40% | 16.62% | 10.34% | 12.39% | 6.75% | 0.00% | 7.71% |
Drawdowns
ABLOX vs. ALARX - Drawdown Comparison
The maximum ABLOX drawdown since its inception was -43.31%, smaller than the maximum ALARX drawdown of -68.32%. Use the drawdown chart below to compare losses from any high point for ABLOX and ALARX.
Loading graphics...
Drawdown Indicators
| ABLOX | ALARX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.31% | -68.32% | +25.01% |
Max Drawdown (1Y)Largest decline over 1 year | -8.64% | -18.65% | +10.01% |
Max Drawdown (5Y)Largest decline over 5 years | -17.34% | -46.86% | +29.52% |
Max Drawdown (10Y)Largest decline over 10 years | -22.96% | -46.86% | +23.90% |
Current DrawdownCurrent decline from peak | -4.17% | -14.61% | +10.44% |
Average DrawdownAverage peak-to-trough decline | -6.91% | -21.07% | +14.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.83% | 5.61% | -3.78% |
Volatility
ABLOX vs. ALARX - Volatility Comparison
The current volatility for Alger Balanced Portfolio Fund (ABLOX) is 3.98%, while Alger Capital Appreciation Institutional Fund (ALARX) has a volatility of 9.23%. This indicates that ABLOX experiences smaller price fluctuations and is considered to be less risky than ALARX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| ABLOX | ALARX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.98% | 9.23% | -5.25% |
Volatility (6M)Calculated over the trailing 6-month period | 7.32% | 17.21% | -9.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.87% | 27.96% | -15.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.12% | 27.79% | -15.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.86% | 24.70% | -12.84% |