ALAFX vs. AHSAX
Compare and contrast key facts about Alger Focus Equity A Fund (ALAFX) and Alger Health Sciences Fund (AHSAX).
ALAFX is an actively managed fund by Alger. It was launched on Nov 8, 1993. AHSAX is managed by Alger. It was launched on Apr 30, 2002.
Performance
ALAFX vs. AHSAX - Performance Comparison
Loading graphics...
ALAFX vs. AHSAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALAFX Alger Focus Equity A Fund | -13.66% | 39.65% | 51.72% | 44.15% | -35.95% | 20.00% | 45.73% | 33.84% | 1.33% | 28.70% |
AHSAX Alger Health Sciences Fund | -5.75% | 10.14% | 1.17% | -4.26% | -17.04% | 3.26% | 30.99% | 22.02% | 5.71% | 33.06% |
Returns By Period
In the year-to-date period, ALAFX achieves a -13.66% return, which is significantly lower than AHSAX's -5.75% return. Over the past 10 years, ALAFX has outperformed AHSAX with an annualized return of 18.24%, while AHSAX has yielded a comparatively lower 8.21% annualized return.
ALAFX
- 1D
- -1.70%
- 1M
- -9.07%
- YTD
- -13.66%
- 6M
- -14.20%
- 1Y
- 35.99%
- 3Y*
- 31.99%
- 5Y*
- 14.69%
- 10Y*
- 18.24%
AHSAX
- 1D
- 0.28%
- 1M
- -8.71%
- YTD
- -5.75%
- 6M
- 7.29%
- 1Y
- 14.55%
- 3Y*
- 2.02%
- 5Y*
- -2.34%
- 10Y*
- 8.21%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ALAFX vs. AHSAX - Expense Ratio Comparison
ALAFX has a 0.95% expense ratio, which is lower than AHSAX's 1.05% expense ratio.
Return for Risk
ALAFX vs. AHSAX — Risk / Return Rank
ALAFX
AHSAX
ALAFX vs. AHSAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alger Focus Equity A Fund (ALAFX) and Alger Health Sciences Fund (AHSAX). 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.
| ALAFX | AHSAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.31 | 0.91 | +0.40 |
Sortino ratioReturn per unit of downside risk | 1.89 | 1.35 | +0.54 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.17 | +0.09 |
Calmar ratioReturn relative to maximum drawdown | 1.84 | 1.50 | +0.34 |
Martin ratioReturn relative to average drawdown | 6.30 | 4.92 | +1.38 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| ALAFX | AHSAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.31 | 0.91 | +0.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.57 | -0.10 | +0.66 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.77 | 0.35 | +0.42 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.79 | 0.31 | +0.48 |
Correlation
The correlation between ALAFX and AHSAX is 0.69, 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
ALAFX vs. AHSAX - Dividend Comparison
ALAFX's dividend yield for the trailing twelve months is around 9.16%, while AHSAX has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
ALAFX Alger Focus Equity A Fund | 9.16% | 7.91% | 0.00% | 0.10% | 0.06% | 14.09% | 6.28% | 1.98% | 5.41% |
AHSAX Alger Health Sciences Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 27.18% | 11.68% | 6.98% | 7.82% |
Drawdowns
ALAFX vs. AHSAX - Drawdown Comparison
The maximum ALAFX drawdown since its inception was -43.65%, smaller than the maximum AHSAX drawdown of -46.23%. Use the drawdown chart below to compare losses from any high point for ALAFX and AHSAX.
Loading graphics...
Drawdown Indicators
| ALAFX | AHSAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.65% | -46.23% | +2.58% |
Max Drawdown (1Y)Largest decline over 1 year | -17.58% | -9.67% | -7.91% |
Max Drawdown (5Y)Largest decline over 5 years | -43.65% | -45.04% | +1.39% |
Max Drawdown (10Y)Largest decline over 10 years | -43.65% | -45.04% | +1.39% |
Current DrawdownCurrent decline from peak | -17.58% | -31.45% | +13.87% |
Average DrawdownAverage peak-to-trough decline | -7.75% | -14.61% | +6.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.14% | 2.95% | +2.19% |
Volatility
ALAFX vs. AHSAX - Volatility Comparison
Alger Focus Equity A Fund (ALAFX) has a higher volatility of 7.56% compared to Alger Health Sciences Fund (AHSAX) at 4.84%. This indicates that ALAFX's price experiences larger fluctuations and is considered to be riskier than AHSAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| ALAFX | AHSAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.56% | 4.84% | +2.72% |
Volatility (6M)Calculated over the trailing 6-month period | 16.38% | 11.50% | +4.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.14% | 16.42% | +10.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.07% | 24.29% | +1.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.85% | 23.37% | +0.48% |