AIEMX vs. FDGRX
Compare and contrast key facts about Alger Emerging Markets Fund (AIEMX) and Fidelity Growth Company Fund (FDGRX).
AIEMX is managed by Alger. It was launched on Dec 28, 2010. FDGRX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AIEMX or FDGRX.
Correlation
The correlation between AIEMX and FDGRX is 0.66, 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.
Performance
AIEMX vs. FDGRX - Performance Comparison
Key characteristics
AIEMX:
0.64
FDGRX:
0.87
AIEMX:
0.97
FDGRX:
1.22
AIEMX:
1.12
FDGRX:
1.17
AIEMX:
0.24
FDGRX:
0.89
AIEMX:
1.83
FDGRX:
3.53
AIEMX:
4.77%
FDGRX:
5.35%
AIEMX:
13.58%
FDGRX:
21.66%
AIEMX:
-48.36%
FDGRX:
-71.50%
AIEMX:
-29.57%
FDGRX:
-9.24%
Returns By Period
In the year-to-date period, AIEMX achieves a 5.03% return, which is significantly higher than FDGRX's 2.53% return. Over the past 10 years, AIEMX has underperformed FDGRX with an annualized return of 3.24%, while FDGRX has yielded a comparatively higher 11.93% annualized return.
AIEMX
5.03%
2.79%
1.02%
8.31%
1.86%
3.24%
FDGRX
2.53%
0.07%
3.71%
21.54%
12.09%
11.93%
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AIEMX vs. FDGRX - Expense Ratio Comparison
AIEMX has a 1.45% expense ratio, which is higher than FDGRX's 0.79% expense ratio.
Risk-Adjusted Performance
AIEMX vs. FDGRX — Risk-Adjusted Performance Rank
AIEMX
FDGRX
AIEMX vs. FDGRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alger Emerging Markets Fund (AIEMX) and Fidelity Growth Company Fund (FDGRX). 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
AIEMX vs. FDGRX - Dividend Comparison
AIEMX's dividend yield for the trailing twelve months is around 0.29%, while FDGRX has not paid dividends to shareholders.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
AIEMX Alger Emerging Markets Fund | 0.29% | 0.30% | 0.00% | 0.00% | 0.11% | 0.00% | 5.08% | 2.35% | 3.58% | 0.00% | 0.04% | 0.00% |
FDGRX Fidelity Growth Company Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.07% | 3.92% | 4.03% |
Drawdowns
AIEMX vs. FDGRX - Drawdown Comparison
The maximum AIEMX drawdown since its inception was -48.36%, smaller than the maximum FDGRX drawdown of -71.50%. Use the drawdown chart below to compare losses from any high point for AIEMX and FDGRX. For additional features, visit the drawdowns tool.
Volatility
AIEMX vs. FDGRX - Volatility Comparison
The current volatility for Alger Emerging Markets Fund (AIEMX) is 3.98%, while Fidelity Growth Company Fund (FDGRX) has a volatility of 6.49%. This indicates that AIEMX experiences smaller price fluctuations and is considered to be less risky than FDGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.