ALBAX vs. AWSHX
Compare and contrast key facts about Alger Growth & Income Fund (ALBAX) and American Funds Washington Mutual Investors Fund Class A (AWSHX).
ALBAX is managed by Alger. It was launched on Dec 31, 1996. AWSHX is managed by American Funds. It was launched on Jul 31, 1952.
Performance
ALBAX vs. AWSHX - Performance Comparison
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ALBAX vs. AWSHX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALBAX Alger Growth & Income Fund | -1.64% | 19.89% | 21.81% | 22.60% | -14.12% | 30.79% | 15.22% | 28.92% | -4.72% | 20.18% |
AWSHX American Funds Washington Mutual Investors Fund Class A | -3.17% | 17.20% | 19.02% | 17.21% | -8.45% | 28.44% | 7.69% | 24.86% | -6.16% | 20.03% |
Returns By Period
In the year-to-date period, ALBAX achieves a -1.64% return, which is significantly higher than AWSHX's -3.17% return. Over the past 10 years, ALBAX has outperformed AWSHX with an annualized return of 13.91%, while AWSHX has yielded a comparatively lower 12.07% annualized return.
ALBAX
- 1D
- 2.75%
- 1M
- -4.70%
- YTD
- -1.64%
- 6M
- 1.29%
- 1Y
- 22.31%
- 3Y*
- 18.87%
- 5Y*
- 12.82%
- 10Y*
- 13.91%
AWSHX
- 1D
- 2.21%
- 1M
- -5.85%
- YTD
- -3.17%
- 6M
- -1.40%
- 1Y
- 12.98%
- 3Y*
- 16.12%
- 5Y*
- 11.18%
- 10Y*
- 12.07%
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ALBAX vs. AWSHX - Expense Ratio Comparison
ALBAX has a 0.98% expense ratio, which is higher than AWSHX's 0.58% expense ratio.
Return for Risk
ALBAX vs. AWSHX — Risk / Return Rank
ALBAX
AWSHX
ALBAX vs. AWSHX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alger Growth & Income Fund (ALBAX) and American Funds Washington Mutual Investors Fund Class A (AWSHX). 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 | AWSHX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.31 | 0.86 | +0.44 |
Sortino ratioReturn per unit of downside risk | 1.92 | 1.34 | +0.58 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.19 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | 2.05 | 1.35 | +0.71 |
Martin ratioReturn relative to average drawdown | 9.80 | 6.00 | +3.79 |
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
| ALBAX | AWSHX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.31 | 0.86 | +0.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | 0.80 | +0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.81 | 0.74 | +0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | 0.62 | +0.02 |
Correlation
The correlation between ALBAX and AWSHX is 0.89, 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. AWSHX - Dividend Comparison
ALBAX's dividend yield for the trailing twelve months is around 0.92%, less than AWSHX's 10.44% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALBAX Alger Growth & Income Fund | 0.92% | 0.74% | 1.08% | 0.98% | 1.24% | 4.17% | 2.55% | 5.00% | 6.75% | 2.35% | 1.56% | 3.75% |
AWSHX American Funds Washington Mutual Investors Fund Class A | 10.44% | 10.08% | 10.06% | 6.14% | 6.31% | 6.05% | 3.06% | 6.19% | 4.36% | 7.26% | 6.37% | 6.25% |
Drawdowns
ALBAX vs. AWSHX - Drawdown Comparison
The maximum ALBAX drawdown since its inception was -40.56%, smaller than the maximum AWSHX drawdown of -53.95%. Use the drawdown chart below to compare losses from any high point for ALBAX and AWSHX.
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Drawdown Indicators
| ALBAX | AWSHX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.56% | -53.95% | +13.39% |
Max Drawdown (1Y)Largest decline over 1 year | -11.37% | -10.37% | -1.00% |
Max Drawdown (5Y)Largest decline over 5 years | -22.06% | -18.64% | -3.42% |
Max Drawdown (10Y)Largest decline over 10 years | -34.26% | -34.65% | +0.39% |
Current DrawdownCurrent decline from peak | -5.33% | -6.35% | +1.02% |
Average DrawdownAverage peak-to-trough decline | -7.38% | -6.43% | -0.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.39% | 2.32% | +0.07% |
Volatility
ALBAX vs. AWSHX - Volatility Comparison
Alger Growth & Income Fund (ALBAX) has a higher volatility of 5.11% compared to American Funds Washington Mutual Investors Fund Class A (AWSHX) at 4.41%. This indicates that ALBAX's price experiences larger fluctuations and is considered to be riskier than AWSHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALBAX | AWSHX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.11% | 4.41% | +0.70% |
Volatility (6M)Calculated over the trailing 6-month period | 9.70% | 8.28% | +1.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.37% | 15.30% | +2.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.50% | 14.12% | +1.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.22% | 16.33% | +0.89% |