Correlation
The correlation between ACAZX and DGRW 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.
ACAZX vs. DGRW
Compare and contrast key facts about Alger Capital Appreciation Fund Class Z (ACAZX) and WisdomTree U.S. Dividend Growth Fund (DGRW).
ACAZX is managed by Alger. It was launched on Dec 29, 2010. DGRW is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree U.S. Dividend Growth Index. It was launched on May 22, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ACAZX or DGRW.
Performance
ACAZX vs. DGRW - Performance Comparison
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Key characteristics
ACAZX:
0.93
DGRW:
0.56
ACAZX:
1.31
DGRW:
0.83
ACAZX:
1.18
DGRW:
1.12
ACAZX:
0.93
DGRW:
0.51
ACAZX:
2.88
DGRW:
1.85
ACAZX:
8.97%
DGRW:
4.48%
ACAZX:
30.58%
DGRW:
16.55%
ACAZX:
-47.92%
DGRW:
-32.04%
ACAZX:
-4.26%
DGRW:
-4.81%
Returns By Period
In the year-to-date period, ACAZX achieves a 3.86% return, which is significantly higher than DGRW's 0.39% return. Over the past 10 years, ACAZX has outperformed DGRW with an annualized return of 15.29%, while DGRW has yielded a comparatively lower 12.07% annualized return.
ACAZX
3.86%
12.54%
3.91%
28.97%
25.21%
17.05%
15.29%
DGRW
0.39%
3.93%
-4.51%
8.17%
11.60%
14.67%
12.07%
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ACAZX vs. DGRW - Expense Ratio Comparison
ACAZX has a 0.85% expense ratio, which is higher than DGRW's 0.28% expense ratio.
Risk-Adjusted Performance
ACAZX vs. DGRW — Risk-Adjusted Performance Rank
ACAZX
DGRW
ACAZX vs. DGRW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alger Capital Appreciation Fund Class Z (ACAZX) and WisdomTree U.S. Dividend Growth Fund (DGRW). 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.
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Dividends
ACAZX vs. DGRW - Dividend Comparison
ACAZX's dividend yield for the trailing twelve months is around 11.36%, more than DGRW's 1.59% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACAZX Alger Capital Appreciation Fund Class Z | 11.36% | 11.80% | 6.65% | 4.13% | 22.24% | 14.91% | 7.87% | 11.23% | 6.60% | 0.82% | 8.15% | 15.54% |
DGRW WisdomTree U.S. Dividend Growth Fund | 1.59% | 1.55% | 1.74% | 2.15% | 1.78% | 1.91% | 2.20% | 2.42% | 1.71% | 2.13% | 2.18% | 1.79% |
Drawdowns
ACAZX vs. DGRW - Drawdown Comparison
The maximum ACAZX drawdown since its inception was -47.92%, which is greater than DGRW's maximum drawdown of -32.04%. Use the drawdown chart below to compare losses from any high point for ACAZX and DGRW.
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Volatility
ACAZX vs. DGRW - Volatility Comparison
Alger Capital Appreciation Fund Class Z (ACAZX) has a higher volatility of 6.95% compared to WisdomTree U.S. Dividend Growth Fund (DGRW) at 4.37%. This indicates that ACAZX's price experiences larger fluctuations and is considered to be riskier than DGRW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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