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ACAZX vs. ACIHX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

ACAZX vs. ACIHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alger Capital Appreciation Fund Class Z (ACAZX) and American Century Growth Fund G Class (ACIHX). The values are adjusted to include any dividend payments, if applicable.

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ACAZX vs. ACIHX - Yearly Performance Comparison


2026 (YTD)2025202420232022
ACAZX
Alger Capital Appreciation Fund Class Z
-10.36%31.33%69.38%43.53%-8.38%
ACIHX
American Century Growth Fund G Class
-10.03%16.26%27.35%44.64%-6.24%

Returns By Period

The year-to-date returns for both investments are quite close, with ACAZX having a -10.36% return and ACIHX slightly higher at -10.03%.


ACAZX

1D
4.90%
1M
-4.85%
YTD
-10.36%
6M
-11.71%
1Y
31.90%
3Y*
36.05%
5Y*
15.79%
10Y*
18.61%

ACIHX

1D
3.77%
1M
-5.57%
YTD
-10.03%
6M
-9.48%
1Y
16.46%
3Y*
18.66%
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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ACAZX vs. ACIHX - Expense Ratio Comparison

ACAZX has a 0.85% expense ratio, which is higher than ACIHX's 0.01% expense ratio.


Return for Risk

ACAZX vs. ACIHX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ACAZX
ACAZX Risk / Return Rank: 6464
Overall Rank
ACAZX Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
ACAZX Sortino Ratio Rank: 7070
Sortino Ratio Rank
ACAZX Omega Ratio Rank: 6060
Omega Ratio Rank
ACAZX Calmar Ratio Rank: 7070
Calmar Ratio Rank
ACAZX Martin Ratio Rank: 5555
Martin Ratio Rank

ACIHX
ACIHX Risk / Return Rank: 3232
Overall Rank
ACIHX Sharpe Ratio Rank: 2929
Sharpe Ratio Rank
ACIHX Sortino Ratio Rank: 3434
Sortino Ratio Rank
ACIHX Omega Ratio Rank: 3232
Omega Ratio Rank
ACIHX Calmar Ratio Rank: 3434
Calmar Ratio Rank
ACIHX Martin Ratio Rank: 2929
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ACAZX vs. ACIHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alger Capital Appreciation Fund Class Z (ACAZX) and American Century Growth Fund G Class (ACIHX). 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.


ACAZXACIHXDifference

Sharpe ratio

Return per unit of total volatility

1.22

0.78

+0.45

Sortino ratio

Return per unit of downside risk

1.82

1.28

+0.55

Omega ratio

Gain probability vs. loss probability

1.25

1.18

+0.07

Calmar ratio

Return relative to maximum drawdown

1.74

1.07

+0.68

Martin ratio

Return relative to average drawdown

5.69

3.68

+2.01

ACAZX vs. ACIHX - Sharpe Ratio Comparison

The current ACAZX Sharpe Ratio is 1.22, which is higher than the ACIHX Sharpe Ratio of 0.78. The chart below compares the historical Sharpe Ratios of ACAZX and ACIHX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


ACAZXACIHXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.22

0.78

+0.45

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.55

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.74

Sharpe Ratio (All Time)

Calculated using the full available price history

0.70

0.78

-0.08

Correlation

The correlation between ACAZX and ACIHX is 0.95, 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

ACAZX vs. ACIHX - Dividend Comparison

ACAZX's dividend yield for the trailing twelve months is around 9.85%, less than ACIHX's 17.73% yield.


TTM20252024202320222021202020192018201720162015
ACAZX
Alger Capital Appreciation Fund Class Z
9.85%8.83%23.61%6.65%4.13%22.24%14.91%7.87%11.23%6.60%0.82%8.15%
ACIHX
American Century Growth Fund G Class
17.73%15.95%5.65%4.61%2.86%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

ACAZX vs. ACIHX - Drawdown Comparison

The maximum ACAZX drawdown since its inception was -47.92%, which is greater than ACIHX's maximum drawdown of -24.00%. Use the drawdown chart below to compare losses from any high point for ACAZX and ACIHX.


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Drawdown Indicators


ACAZXACIHXDifference

Max Drawdown

Largest peak-to-trough decline

-47.92%

-24.00%

-23.92%

Max Drawdown (1Y)

Largest decline over 1 year

-18.97%

-16.40%

-2.57%

Max Drawdown (5Y)

Largest decline over 5 years

-47.92%

Max Drawdown (10Y)

Largest decline over 10 years

-47.92%

Current Drawdown

Current decline from peak

-15.00%

-13.25%

-1.75%

Average Drawdown

Average peak-to-trough decline

-8.40%

-4.95%

-3.45%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.81%

4.75%

+1.06%

Volatility

ACAZX vs. ACIHX - Volatility Comparison

Alger Capital Appreciation Fund Class Z (ACAZX) has a higher volatility of 9.11% compared to American Century Growth Fund G Class (ACIHX) at 6.80%. This indicates that ACAZX's price experiences larger fluctuations and is considered to be riskier than ACIHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


ACAZXACIHXDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.11%

6.80%

+2.31%

Volatility (6M)

Calculated over the trailing 6-month period

16.96%

12.60%

+4.36%

Volatility (1Y)

Calculated over the trailing 1-year period

27.82%

22.68%

+5.14%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

28.95%

21.28%

+7.67%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.35%

21.28%

+4.07%