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ADGAX vs. AEF

Last updated May 27, 2023

Compare and contrast key facts about AB Core Opportunities Fund (ADGAX) and Aberdeen Emerging Markets Equity Income Fund, Inc. (AEF).

ADGAX is managed by AllianceBernstein. It was launched on Dec 22, 1999.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ADGAX or AEF.

Key characteristics


ADGAXAEF
YTD Return4.53%2.02%
1Y Return3.53%-0.71%
5Y Return (Ann)8.42%-3.05%
10Y Return (Ann)10.68%-2.76%
Sharpe Ratio0.290.03
Daily Std Dev20.59%22.79%
Max Drawdown-53.65%-63.36%

Correlation

0.41
-1.001.00

The correlation between ADGAX and AEF is 0.41, 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.

ADGAX vs. AEF - Performance Comparison

In the year-to-date period, ADGAX achieves a 4.53% return, which is significantly higher than AEF's 2.02% return. Over the past 10 years, ADGAX has underperformed AEF with an annualized return of 10.68%, while AEF has yielded a comparatively higher -2.76% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


340.00%360.00%380.00%400.00%420.00%440.00%December2023FebruaryMarchAprilMay
409.53%
382.66%
ADGAX
AEF

Compare stocks, funds, or ETFs


AB Core Opportunities Fund

ADGAX vs. AEF - Dividend Comparison

ADGAX's dividend yield for the trailing twelve months is around 10.27%, less than AEF's 10.49% yield.


TTM20222021202020192018201720162015201420132012
ADGAX
AB Core Opportunities Fund
10.27%10.73%17.46%5.43%7.53%24.96%18.24%8.65%13.83%32.29%0.00%0.00%
AEF
Aberdeen Emerging Markets Equity Income Fund, Inc.
10.49%8.72%7.45%3.94%2.71%26.08%3.84%10.68%19.82%25.46%28.04%23.83%

ADGAX vs. AEF - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for AB Core Opportunities Fund (ADGAX) and Aberdeen Emerging Markets Equity Income Fund, Inc. (AEF). 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
ADGAX
AB Core Opportunities Fund
0.29
AEF
Aberdeen Emerging Markets Equity Income Fund, Inc.
0.03

ADGAX vs. AEF - Sharpe Ratio Comparison

The current ADGAX Sharpe Ratio is 0.29, which is higher than the AEF Sharpe Ratio of 0.03. The chart below compares the 12-month rolling Sharpe Ratio of ADGAX and AEF.


-1.00-0.500.000.50December2023FebruaryMarchAprilMay
0.29
0.03
ADGAX
AEF

ADGAX vs. AEF - Drawdown Comparison

The maximum ADGAX drawdown for the period was -17.54%, higher than the maximum AEF drawdown of -42.40%. The drawdown chart below compares losses from any high point along the way for ADGAX and AEF


-45.00%-40.00%-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%December2023FebruaryMarchAprilMay
-12.58%
-37.89%
ADGAX
AEF

ADGAX vs. AEF - Volatility Comparison

The current volatility for AB Core Opportunities Fund (ADGAX) is 3.41%, while Aberdeen Emerging Markets Equity Income Fund, Inc. (AEF) has a volatility of 5.52%. This indicates that ADGAX experiences smaller price fluctuations and is considered to be less risky than AEF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%9.00%December2023FebruaryMarchAprilMay
3.41%
5.52%
ADGAX
AEF