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ACAAX vs. VWIAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


ACAAXVWIAX
YTD Return26.91%5.08%
1Y Return34.40%9.25%
3Y Return (Ann)6.55%1.75%
5Y Return (Ann)15.65%4.83%
10Y Return (Ann)11.47%5.36%
Sharpe Ratio1.711.27
Daily Std Dev20.93%7.57%
Max Drawdown-78.16%-21.64%
Current Drawdown-5.73%0.00%

Correlation

-0.50.00.51.00.6

The correlation between ACAAX and VWIAX is 0.63, 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.

Performance

ACAAX vs. VWIAX - Performance Comparison

In the year-to-date period, ACAAX achieves a 26.91% return, which is significantly higher than VWIAX's 5.08% return. Over the past 10 years, ACAAX has outperformed VWIAX with an annualized return of 11.47%, while VWIAX has yielded a comparatively lower 5.36% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


300.00%350.00%400.00%450.00%500.00%550.00%600.00%650.00%FebruaryMarchAprilMayJuneJuly
575.03%
334.54%
ACAAX
VWIAX

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Alger Capital Appreciation Fund

Vanguard Wellesley Income Fund Admiral Shares

ACAAX vs. VWIAX - Expense Ratio Comparison

ACAAX has a 1.15% expense ratio, which is higher than VWIAX's 0.16% expense ratio.


ACAAX
Alger Capital Appreciation Fund
Expense ratio chart for ACAAX: current value at 1.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.15%
Expense ratio chart for VWIAX: current value at 0.16% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.16%

Risk-Adjusted Performance

ACAAX vs. VWIAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Alger Capital Appreciation Fund (ACAAX) and Vanguard Wellesley Income Fund Admiral Shares (VWIAX). 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
Sharpe ratio
The chart of Sharpe ratio for ACAAX, currently valued at 1.71, compared to the broader market-1.000.001.002.003.004.005.001.71
Sortino ratio
The chart of Sortino ratio for ACAAX, currently valued at 2.36, compared to the broader market0.005.0010.002.36
Omega ratio
The chart of Omega ratio for ACAAX, currently valued at 1.34, compared to the broader market1.002.003.004.001.34
Calmar ratio
The chart of Calmar ratio for ACAAX, currently valued at 0.96, compared to the broader market0.005.0010.0015.0020.000.96
Martin ratio
The chart of Martin ratio for ACAAX, currently valued at 8.95, compared to the broader market0.0020.0040.0060.0080.00100.008.95
VWIAX
Sharpe ratio
The chart of Sharpe ratio for VWIAX, currently valued at 1.27, compared to the broader market-1.000.001.002.003.004.005.001.27
Sortino ratio
The chart of Sortino ratio for VWIAX, currently valued at 1.88, compared to the broader market0.005.0010.001.88
Omega ratio
The chart of Omega ratio for VWIAX, currently valued at 1.25, compared to the broader market1.002.003.004.001.25
Calmar ratio
The chart of Calmar ratio for VWIAX, currently valued at 0.80, compared to the broader market0.005.0010.0015.0020.000.80
Martin ratio
The chart of Martin ratio for VWIAX, currently valued at 3.86, compared to the broader market0.0020.0040.0060.0080.00100.003.86

ACAAX vs. VWIAX - Sharpe Ratio Comparison

The current ACAAX Sharpe Ratio is 1.71, which is higher than the VWIAX Sharpe Ratio of 1.27. The chart below compares the 12-month rolling Sharpe Ratio of ACAAX and VWIAX.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00FebruaryMarchAprilMayJuneJuly
1.71
1.27
ACAAX
VWIAX

Dividends

ACAAX vs. VWIAX - Dividend Comparison

ACAAX's dividend yield for the trailing twelve months is around 5.67%, more than VWIAX's 4.88% yield.


TTM20232022202120202019201820172016201520142013
ACAAX
Alger Capital Appreciation Fund
5.67%7.19%4.42%23.67%15.64%8.17%11.59%6.76%0.00%0.00%0.00%0.00%
VWIAX
Vanguard Wellesley Income Fund Admiral Shares
4.88%4.80%7.75%6.11%4.37%4.00%7.64%4.06%4.07%5.66%4.99%5.87%

Drawdowns

ACAAX vs. VWIAX - Drawdown Comparison

The maximum ACAAX drawdown since its inception was -78.16%, which is greater than VWIAX's maximum drawdown of -21.64%. Use the drawdown chart below to compare losses from any high point for ACAAX and VWIAX. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%FebruaryMarchAprilMayJuneJuly
-5.73%
0
ACAAX
VWIAX

Volatility

ACAAX vs. VWIAX - Volatility Comparison

Alger Capital Appreciation Fund (ACAAX) has a higher volatility of 5.67% compared to Vanguard Wellesley Income Fund Admiral Shares (VWIAX) at 1.54%. This indicates that ACAAX's price experiences larger fluctuations and is considered to be riskier than VWIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%7.00%FebruaryMarchAprilMayJuneJuly
5.67%
1.54%
ACAAX
VWIAX