ACAYX vs. OLGAX
Compare and contrast key facts about Alger Capital Appreciation Institutional Fund Class Y (ACAYX) and JPMorgan Large Cap Growth Fund Class A (OLGAX).
ACAYX is managed by Alger. It was launched on Feb 28, 2017. OLGAX is managed by JPMorgan Chase. It was launched on Feb 28, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ACAYX or OLGAX.
Correlation
The correlation between ACAYX and OLGAX is 0.96, 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
ACAYX vs. OLGAX - Performance Comparison
Key characteristics
ACAYX:
1.20
OLGAX:
1.27
ACAYX:
1.53
OLGAX:
1.76
ACAYX:
1.24
OLGAX:
1.23
ACAYX:
1.01
OLGAX:
1.78
ACAYX:
4.79
OLGAX:
6.46
ACAYX:
6.17%
OLGAX:
3.64%
ACAYX:
24.77%
OLGAX:
18.61%
ACAYX:
-52.18%
OLGAX:
-64.30%
ACAYX:
-7.90%
OLGAX:
-0.85%
Returns By Period
In the year-to-date period, ACAYX achieves a 8.08% return, which is significantly higher than OLGAX's 4.33% return.
ACAYX
8.08%
4.54%
12.13%
30.57%
5.41%
N/A
OLGAX
4.33%
2.18%
10.70%
24.15%
12.54%
8.38%
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ACAYX vs. OLGAX - Expense Ratio Comparison
ACAYX has a 0.83% expense ratio, which is lower than OLGAX's 1.01% expense ratio.
Risk-Adjusted Performance
ACAYX vs. OLGAX — Risk-Adjusted Performance Rank
ACAYX
OLGAX
ACAYX vs. OLGAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alger Capital Appreciation Institutional Fund Class Y (ACAYX) and JPMorgan Large Cap Growth Fund Class A (OLGAX). 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
ACAYX vs. OLGAX - Dividend Comparison
Neither ACAYX nor OLGAX has paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
ACAYX Alger Capital Appreciation Institutional Fund Class Y | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
OLGAX JPMorgan Large Cap Growth Fund Class A | 0.00% | 0.00% | 0.00% | 0.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.74% |
Drawdowns
ACAYX vs. OLGAX - Drawdown Comparison
The maximum ACAYX drawdown since its inception was -52.18%, smaller than the maximum OLGAX drawdown of -64.30%. Use the drawdown chart below to compare losses from any high point for ACAYX and OLGAX. For additional features, visit the drawdowns tool.
Volatility
ACAYX vs. OLGAX - Volatility Comparison
Alger Capital Appreciation Institutional Fund Class Y (ACAYX) has a higher volatility of 8.44% compared to JPMorgan Large Cap Growth Fund Class A (OLGAX) at 4.74%. This indicates that ACAYX's price experiences larger fluctuations and is considered to be riskier than OLGAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.