ALBAX vs. AMCPX
Compare and contrast key facts about Alger Growth & Income Fund (ALBAX) and American Funds AMCAP Fund Class A (AMCPX).
ALBAX is managed by Alger. It was launched on Dec 31, 1996. AMCPX is managed by American Funds. It was launched on Jan 5, 1967.
Performance
ALBAX vs. AMCPX - Performance Comparison
Loading graphics...
ALBAX vs. AMCPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALBAX Alger Growth & Income Fund | -4.27% | 19.89% | 21.81% | 22.60% | -14.12% | 30.79% | 15.22% | 28.92% | -4.72% | 20.18% |
AMCPX American Funds AMCAP Fund Class A | -11.82% | 17.68% | 21.11% | 31.04% | -28.67% | 20.57% | 21.42% | 26.35% | -4.42% | 22.08% |
Returns By Period
In the year-to-date period, ALBAX achieves a -4.27% return, which is significantly higher than AMCPX's -11.82% return. Over the past 10 years, ALBAX has outperformed AMCPX with an annualized return of 13.60%, while AMCPX has yielded a comparatively lower 10.59% annualized return.
ALBAX
- 1D
- -0.42%
- 1M
- -7.26%
- YTD
- -4.27%
- 6M
- -0.85%
- 1Y
- 19.30%
- 3Y*
- 17.80%
- 5Y*
- 12.48%
- 10Y*
- 13.60%
AMCPX
- 1D
- -0.37%
- 1M
- -10.12%
- YTD
- -11.82%
- 6M
- -9.34%
- 1Y
- 11.06%
- 3Y*
- 14.39%
- 5Y*
- 6.22%
- 10Y*
- 10.59%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ALBAX vs. AMCPX - Expense Ratio Comparison
ALBAX has a 0.98% expense ratio, which is higher than AMCPX's 0.65% expense ratio.
Return for Risk
ALBAX vs. AMCPX — Risk / Return Rank
ALBAX
AMCPX
ALBAX vs. AMCPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alger Growth & Income Fund (ALBAX) and American Funds AMCAP Fund Class A (AMCPX). 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.
| ALBAX | AMCPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.17 | 0.56 | +0.61 |
Sortino ratioReturn per unit of downside risk | 1.73 | 0.94 | +0.79 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.13 | +0.13 |
Calmar ratioReturn relative to maximum drawdown | 1.58 | 0.59 | +0.99 |
Martin ratioReturn relative to average drawdown | 7.60 | 2.42 | +5.18 |
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
| ALBAX | AMCPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.17 | 0.56 | +0.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.81 | 0.33 | +0.48 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.79 | 0.57 | +0.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.57 | +0.06 |
Correlation
The correlation between ALBAX and AMCPX is 0.92, 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
ALBAX vs. AMCPX - Dividend Comparison
ALBAX's dividend yield for the trailing twelve months is around 0.95%, less than AMCPX's 9.90% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALBAX Alger Growth & Income Fund | 0.95% | 0.74% | 1.08% | 0.98% | 1.24% | 4.17% | 2.55% | 5.00% | 6.75% | 2.35% | 1.56% | 3.75% |
AMCPX American Funds AMCAP Fund Class A | 9.90% | 8.73% | 8.19% | 3.26% | 7.54% | 3.43% | 3.88% | 4.90% | 7.84% | 5.37% | 3.81% | 8.86% |
Drawdowns
ALBAX vs. AMCPX - Drawdown Comparison
The maximum ALBAX drawdown since its inception was -40.56%, smaller than the maximum AMCPX drawdown of -62.37%. Use the drawdown chart below to compare losses from any high point for ALBAX and AMCPX.
Loading graphics...
Drawdown Indicators
| ALBAX | AMCPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.56% | -62.37% | +21.81% |
Max Drawdown (1Y)Largest decline over 1 year | -11.37% | -14.18% | +2.81% |
Max Drawdown (5Y)Largest decline over 5 years | -22.06% | -36.90% | +14.84% |
Max Drawdown (10Y)Largest decline over 10 years | -34.26% | -36.90% | +2.64% |
Current DrawdownCurrent decline from peak | -7.86% | -14.18% | +6.32% |
Average DrawdownAverage peak-to-trough decline | -7.38% | -9.60% | +2.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.36% | 3.47% | -1.11% |
Volatility
ALBAX vs. AMCPX - Volatility Comparison
The current volatility for Alger Growth & Income Fund (ALBAX) is 4.09%, while American Funds AMCAP Fund Class A (AMCPX) has a volatility of 5.26%. This indicates that ALBAX experiences smaller price fluctuations and is considered to be less risky than AMCPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| ALBAX | AMCPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.09% | 5.26% | -1.17% |
Volatility (6M)Calculated over the trailing 6-month period | 9.31% | 11.06% | -1.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.20% | 19.60% | -2.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.46% | 19.12% | -3.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.20% | 18.63% | -1.43% |