ALARX vs. SHSAX
Compare and contrast key facts about Alger Capital Appreciation Institutional Fund (ALARX) and BlackRock Health Sciences Opportunities Portfolio (SHSAX).
ALARX is managed by Alger. It was launched on Nov 8, 1993. SHSAX is managed by Blackrock. It was launched on Dec 20, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALARX or SHSAX.
Correlation
The correlation between ALARX and SHSAX is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ALARX vs. SHSAX - Performance Comparison
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Key characteristics
ALARX:
15.02%
SHSAX:
23.30%
ALARX:
-0.48%
SHSAX:
-4.32%
ALARX:
-0.43%
SHSAX:
-4.32%
Returns By Period
ALARX
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SHSAX
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ALARX vs. SHSAX - Expense Ratio Comparison
ALARX has a 1.12% expense ratio, which is higher than SHSAX's 1.09% expense ratio.
Risk-Adjusted Performance
ALARX vs. SHSAX — Risk-Adjusted Performance Rank
ALARX
SHSAX
ALARX vs. SHSAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alger Capital Appreciation Institutional Fund (ALARX) and BlackRock Health Sciences Opportunities Portfolio (SHSAX). 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.
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Dividends
ALARX vs. SHSAX - Dividend Comparison
ALARX has not paid dividends to shareholders, while SHSAX's dividend yield for the trailing twelve months is around 0.25%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALARX Alger Capital Appreciation Institutional Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SHSAX BlackRock Health Sciences Opportunities Portfolio | 0.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ALARX vs. SHSAX - Drawdown Comparison
The maximum ALARX drawdown since its inception was -0.48%, smaller than the maximum SHSAX drawdown of -4.32%. Use the drawdown chart below to compare losses from any high point for ALARX and SHSAX. For additional features, visit the drawdowns tool.
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Volatility
ALARX vs. SHSAX - Volatility Comparison
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