ADGAX vs. ALTFX
Compare and contrast key facts about AB Core Opportunities Fund (ADGAX) and AB Sustainable Global Thematic Fund (ALTFX).
ADGAX is managed by AllianceBernstein. It was launched on Dec 22, 1999. ALTFX is managed by AllianceBernstein. It was launched on Feb 28, 1982.
Performance
ADGAX vs. ALTFX - Performance Comparison
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ADGAX vs. ALTFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ADGAX AB Core Opportunities Fund | -9.72% | 17.36% | 22.49% | 20.93% | -15.73% | 24.34% | 12.97% | 26.94% | -2.89% | 22.46% |
ALTFX AB Sustainable Global Thematic Fund | -10.89% | 6.22% | 5.94% | 15.97% | -27.19% | 22.64% | 39.40% | 33.60% | -9.86% | 37.16% |
Returns By Period
In the year-to-date period, ADGAX achieves a -9.72% return, which is significantly higher than ALTFX's -10.89% return. Over the past 10 years, ADGAX has outperformed ALTFX with an annualized return of 11.76%, while ALTFX has yielded a comparatively lower 9.62% annualized return.
ADGAX
- 1D
- -0.19%
- 1M
- -7.90%
- YTD
- -9.72%
- 6M
- -8.14%
- 1Y
- 10.32%
- 3Y*
- 14.43%
- 5Y*
- 9.11%
- 10Y*
- 11.76%
ALTFX
- 1D
- -0.30%
- 1M
- -9.85%
- YTD
- -10.89%
- 6M
- -13.62%
- 1Y
- 1.12%
- 3Y*
- 3.26%
- 5Y*
- 0.18%
- 10Y*
- 9.62%
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ADGAX vs. ALTFX - Expense Ratio Comparison
ADGAX has a 1.09% expense ratio, which is higher than ALTFX's 1.02% expense ratio.
Return for Risk
ADGAX vs. ALTFX — Risk / Return Rank
ADGAX
ALTFX
ADGAX vs. ALTFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AB Core Opportunities Fund (ADGAX) and AB Sustainable Global Thematic Fund (ALTFX). 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.
| ADGAX | ALTFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.60 | 0.05 | +0.55 |
Sortino ratioReturn per unit of downside risk | 0.98 | 0.20 | +0.78 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.03 | +0.11 |
Calmar ratioReturn relative to maximum drawdown | 0.68 | -0.05 | +0.73 |
Martin ratioReturn relative to average drawdown | 2.47 | -0.16 | +2.63 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ADGAX | ALTFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.60 | 0.05 | +0.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | 0.01 | +0.50 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.67 | 0.54 | +0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.26 | +0.22 |
Correlation
The correlation between ADGAX and ALTFX is 0.82, 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
ADGAX vs. ALTFX - Dividend Comparison
ADGAX's dividend yield for the trailing twelve months is around 17.33%, more than ALTFX's 15.18% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ADGAX AB Core Opportunities Fund | 17.33% | 15.65% | 10.29% | 4.69% | 10.73% | 15.80% | 4.24% | 5.63% | 17.66% | 11.05% | 4.72% | 7.20% |
ALTFX AB Sustainable Global Thematic Fund | 15.18% | 13.53% | 8.18% | 0.03% | 2.61% | 9.99% | 7.23% | 6.01% | 8.36% | 0.00% | 4.05% | 0.00% |
Drawdowns
ADGAX vs. ALTFX - Drawdown Comparison
The maximum ADGAX drawdown since its inception was -53.65%, smaller than the maximum ALTFX drawdown of -80.01%. Use the drawdown chart below to compare losses from any high point for ADGAX and ALTFX.
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Drawdown Indicators
| ADGAX | ALTFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.65% | -80.01% | +26.36% |
Max Drawdown (1Y)Largest decline over 1 year | -11.76% | -15.81% | +4.05% |
Max Drawdown (5Y)Largest decline over 5 years | -24.23% | -35.87% | +11.64% |
Max Drawdown (10Y)Largest decline over 10 years | -31.10% | -35.87% | +4.77% |
Current DrawdownCurrent decline from peak | -11.76% | -16.56% | +4.80% |
Average DrawdownAverage peak-to-trough decline | -7.84% | -37.13% | +29.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.23% | 4.93% | -1.70% |
Volatility
ADGAX vs. ALTFX - Volatility Comparison
The current volatility for AB Core Opportunities Fund (ADGAX) is 4.52%, while AB Sustainable Global Thematic Fund (ALTFX) has a volatility of 5.52%. This indicates that ADGAX experiences smaller price fluctuations and is considered to be less risky than ALTFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ADGAX | ALTFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.52% | 5.52% | -1.00% |
Volatility (6M)Calculated over the trailing 6-month period | 9.36% | 10.66% | -1.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.13% | 18.53% | -0.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.11% | 18.10% | +0.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.65% | 17.96% | -0.31% |