ACAAX vs. BPTRX
Compare and contrast key facts about Alger Capital Appreciation Fund (ACAAX) and Baron Partners Fund (BPTRX).
ACAAX is managed by Alger. It was launched on Dec 31, 1996. BPTRX is managed by Baron Capital Group, Inc.. It was launched on Apr 30, 2003.
Performance
ACAAX vs. BPTRX - Performance Comparison
Loading graphics...
ACAAX vs. BPTRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ACAAX Alger Capital Appreciation Fund | -10.45% | 30.80% | 49.55% | 42.99% | -36.90% | 18.17% | 41.78% | 33.14% | -0.95% | 31.31% |
BPTRX Baron Partners Fund | -5.39% | 24.54% | 32.75% | 43.09% | -42.53% | 31.35% | 148.81% | 44.99% | -2.01% | 31.54% |
Returns By Period
In the year-to-date period, ACAAX achieves a -10.45% return, which is significantly lower than BPTRX's -5.39% return. Over the past 10 years, ACAAX has underperformed BPTRX with an annualized return of 16.77%, while BPTRX has yielded a comparatively higher 23.66% annualized return.
ACAAX
- 1D
- 4.89%
- 1M
- -4.89%
- YTD
- -10.45%
- 6M
- -11.89%
- 1Y
- 31.36%
- 3Y*
- 30.17%
- 5Y*
- 12.60%
- 10Y*
- 16.77%
BPTRX
- 1D
- 2.10%
- 1M
- -5.26%
- YTD
- -5.39%
- 6M
- 11.85%
- 1Y
- 41.12%
- 3Y*
- 21.98%
- 5Y*
- 10.95%
- 10Y*
- 23.66%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ACAAX vs. BPTRX - Expense Ratio Comparison
ACAAX has a 1.15% expense ratio, which is lower than BPTRX's 1.36% expense ratio.
Return for Risk
ACAAX vs. BPTRX — Risk / Return Rank
ACAAX
BPTRX
ACAAX vs. BPTRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alger Capital Appreciation Fund (ACAAX) and Baron Partners Fund (BPTRX). 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.
| ACAAX | BPTRX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.20 | 1.29 | -0.08 |
Sortino ratioReturn per unit of downside risk | 1.80 | 2.38 | -0.58 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.30 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.70 | 2.85 | -1.15 |
Martin ratioReturn relative to average drawdown | 5.55 | 10.35 | -4.80 |
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
| ACAAX | BPTRX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.20 | 1.29 | -0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.44 | 0.32 | +0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | 0.73 | -0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.55 | -0.07 |
Correlation
The correlation between ACAAX and BPTRX is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
ACAAX vs. BPTRX - Dividend Comparison
ACAAX's dividend yield for the trailing twelve months is around 10.94%, more than BPTRX's 3.55% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACAAX Alger Capital Appreciation Fund | 10.94% | 9.80% | 12.93% | 7.19% | 4.42% | 23.67% | 15.64% | 8.17% | 11.59% | 6.76% | 0.84% | 8.28% |
BPTRX Baron Partners Fund | 3.55% | 3.36% | 0.76% | 0.00% | 3.19% | 7.72% | 3.67% | 0.26% | 0.00% | 0.00% | 0.00% | 0.35% |
Drawdowns
ACAAX vs. BPTRX - Drawdown Comparison
The maximum ACAAX drawdown since its inception was -70.29%, which is greater than BPTRX's maximum drawdown of -64.11%. Use the drawdown chart below to compare losses from any high point for ACAAX and BPTRX.
Loading graphics...
Drawdown Indicators
| ACAAX | BPTRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.29% | -64.11% | -6.18% |
Max Drawdown (1Y)Largest decline over 1 year | -19.11% | -14.79% | -4.32% |
Max Drawdown (5Y)Largest decline over 5 years | -48.73% | -49.87% | +1.14% |
Max Drawdown (10Y)Largest decline over 10 years | -48.73% | -51.26% | +2.53% |
Current DrawdownCurrent decline from peak | -15.15% | -8.65% | -6.50% |
Average DrawdownAverage peak-to-trough decline | -23.08% | -13.82% | -9.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.87% | 4.08% | +1.79% |
Volatility
ACAAX vs. BPTRX - Volatility Comparison
Alger Capital Appreciation Fund (ACAAX) has a higher volatility of 9.10% compared to Baron Partners Fund (BPTRX) at 4.78%. This indicates that ACAAX's price experiences larger fluctuations and is considered to be riskier than BPTRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| ACAAX | BPTRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.10% | 4.78% | +4.32% |
Volatility (6M)Calculated over the trailing 6-month period | 16.95% | 22.21% | -5.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.83% | 33.35% | -5.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.87% | 33.90% | -5.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.31% | 32.72% | -7.41% |