ACEYX vs. APGYX

Last updated Apr 1, 2026

Compare and contrast key facts about AB All China Equity Portfolio (ACEYX) and AB Large Cap Growth Fund Advisor Class (APGYX).

ACEYX is managed by AllianceBernstein. It was launched on Jul 24, 2018. APGYX is managed by AllianceBernstein. It was launched on Jan 10, 1996.

Performance

ACEYX vs. APGYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AB All China Equity Portfolio (ACEYX) and AB Large Cap Growth Fund Advisor Class (APGYX). The values are adjusted to include any dividend payments, if applicable.

ACEYX vs. APGYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
ACEYX AB All China Equity Portfolio	-6.20%	33.91%	17.44%	-10.96%	-26.65%	-14.65%	25.38%	37.67%	-21.60%
APGYX AB Large Cap Growth Fund Advisor Class	-12.78%	13.25%	25.40%	35.01%	-28.78%	28.92%	34.38%	34.13%	-11.55%

Returns By Period

In the year-to-date period, ACEYX achieves a -6.20% return, which is significantly higher than APGYX's -12.78% return.

ACEYX

• 1D: 0.63%
• 1M: -9.15%
• YTD: -6.20%
• 6M: -10.46%
• 1Y: 12.86%
• 3Y*: 7.76%
• 5Y*: -3.85%
• 10Y*: —

APGYX

• 1D: -0.10%
• 1M: -10.10%
• YTD: -12.78%
• 6M: -12.57%
• 1Y: 7.76%
• 3Y*: 14.39%
• 5Y*: 8.71%
• 10Y*: 14.44%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ACEYX vs. APGYX - Expense Ratio Comparison

ACEYX has a 1.25% expense ratio, which is higher than APGYX's 0.59% expense ratio.

ACEYX

AB All China Equity Portfolio

APGYX

AB Large Cap Growth Fund Advisor Class

Return for Risk

ACEYX vs. APGYX — Risk / Return Rank

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

ACEYX

ACEYX Risk / Return Rank: 20
ACEYX Sharpe Ratio Rank: 21
ACEYX Sortino Ratio Rank: 20
ACEYX Omega Ratio Rank: 19
ACEYX Calmar Ratio Rank: 22
ACEYX Martin Ratio Rank: 19

APGYX

APGYX Risk / Return Rank: 15
APGYX Sharpe Ratio Rank: 16
APGYX Sortino Ratio Rank: 17
APGYX Omega Ratio Rank: 17
APGYX Calmar Ratio Rank: 13
APGYX Martin Ratio Rank: 14

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.

ACEYX vs. APGYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AB All China Equity Portfolio (ACEYX) and AB Large Cap Growth Fund Advisor Class (APGYX). 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.

	ACEYX	APGYX	Difference
Sharpe ratio Return per unit of total volatility	0.57	0.40	+0.17
Sortino ratio Return per unit of downside risk	0.87	0.73	+0.14
Omega ratio Gain probability vs. loss probability	1.12	1.10	+0.02
Calmar ratio Return relative to maximum drawdown	0.66	0.34	+0.32
Martin ratio Return relative to average drawdown	2.04	1.34	+0.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ACEYX vs. APGYX - Sharpe Ratio Comparison

The current ACEYX Sharpe Ratio is 0.57, which is higher than the APGYX Sharpe Ratio of 0.40. The chart below compares the historical Sharpe Ratios of ACEYX and APGYX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ACEYX	APGYX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.57	0.40	+0.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.17	0.43	-0.60
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.74	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.06	0.46	-0.40

Correlation

The correlation between ACEYX and APGYX is 0.45, 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.

Dividends

ACEYX vs. APGYX - Dividend Comparison

ACEYX's dividend yield for the trailing twelve months is around 5.29%, less than APGYX's 11.19% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ACEYX AB All China Equity Portfolio	5.29%	4.97%	3.75%	2.17%	1.39%	1.81%	0.43%	1.13%	0.00%	0.00%	0.00%	0.00%
APGYX AB Large Cap Growth Fund Advisor Class	11.19%	9.76%	6.58%	1.65%	0.86%	7.17%	2.59%	3.43%	9.08%	3.77%	2.67%	8.57%

Drawdowns

ACEYX vs. APGYX - Drawdown Comparison

The maximum ACEYX drawdown since its inception was -57.58%, smaller than the maximum APGYX drawdown of -66.33%. Use the drawdown chart below to compare losses from any high point for ACEYX and APGYX.

Drawdown Indicators

	ACEYX	APGYX	Difference
Max Drawdown Largest peak-to-trough decline	-57.58%	-66.33%	+8.75%
Max Drawdown (1Y) Largest decline over 1 year	-14.86%	-15.24%	+0.38%
Max Drawdown (5Y) Largest decline over 5 years	-51.51%	-33.91%	-17.60%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.91%	—
Current Drawdown Current decline from peak	-30.42%	-15.24%	-15.18%
Average Drawdown Average peak-to-trough decline	-27.81%	-21.11%	-6.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.01%	3.91%	+1.10%

Volatility

ACEYX vs. APGYX - Volatility Comparison

AB All China Equity Portfolio (ACEYX) has a higher volatility of 6.13% compared to AB Large Cap Growth Fund Advisor Class (APGYX) at 5.13%. This indicates that ACEYX's price experiences larger fluctuations and is considered to be riskier than APGYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ACEYX	APGYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.13%	5.13%	+1.00%
Volatility (6M) Calculated over the trailing 6-month period	13.51%	10.81%	+2.70%
Volatility (1Y) Calculated over the trailing 1-year period	20.99%	19.92%	+1.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.22%	20.13%	+3.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.65%	19.61%	+4.04%