ACAZX vs. VOO
Compare and contrast key facts about Alger Capital Appreciation Fund Class Z (ACAZX) and Vanguard S&P 500 ETF (VOO).
ACAZX is managed by Alger. It was launched on Dec 29, 2010. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ACAZX or VOO.
Correlation
The correlation between ACAZX and VOO is 0.91, 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
ACAZX vs. VOO - Performance Comparison
Key characteristics
ACAZX:
-0.08
VOO:
0.32
ACAZX:
0.11
VOO:
0.57
ACAZX:
1.02
VOO:
1.08
ACAZX:
-0.07
VOO:
0.32
ACAZX:
-0.22
VOO:
1.42
ACAZX:
10.94%
VOO:
4.19%
ACAZX:
31.58%
VOO:
18.73%
ACAZX:
-53.72%
VOO:
-33.99%
ACAZX:
-28.89%
VOO:
-13.85%
Returns By Period
In the year-to-date period, ACAZX achieves a -16.92% return, which is significantly lower than VOO's -9.88% return. Over the past 10 years, ACAZX has underperformed VOO with an annualized return of 3.21%, while VOO has yielded a comparatively higher 11.61% annualized return.
ACAZX
-16.92%
-9.42%
-19.33%
2.65%
2.10%
3.21%
VOO
-9.88%
-6.64%
-9.35%
7.75%
15.13%
11.61%
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ACAZX vs. VOO - Expense Ratio Comparison
ACAZX has a 0.85% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
ACAZX vs. VOO — Risk-Adjusted Performance Rank
ACAZX
VOO
ACAZX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alger Capital Appreciation Fund Class Z (ACAZX) and Vanguard S&P 500 ETF (VOO). 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
ACAZX vs. VOO - Dividend Comparison
ACAZX has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.44%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACAZX Alger Capital Appreciation Fund Class Z | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.44% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
ACAZX vs. VOO - Drawdown Comparison
The maximum ACAZX drawdown since its inception was -53.72%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for ACAZX and VOO. For additional features, visit the drawdowns tool.
Volatility
ACAZX vs. VOO - Volatility Comparison
Alger Capital Appreciation Fund Class Z (ACAZX) has a higher volatility of 17.97% compared to Vanguard S&P 500 ETF (VOO) at 13.31%. This indicates that ACAZX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.