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ALBAX vs. GSPKX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ALBAX and GSPKX is 0.96, 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.


-0.50.00.51.0
Correlation: 1.0

Performance

ALBAX vs. GSPKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alger Growth & Income Fund (ALBAX) and Goldman Sachs U.S. Equity Dividend and Premium Fund (GSPKX). The values are adjusted to include any dividend payments, if applicable.

100.00%150.00%200.00%250.00%300.00%350.00%400.00%450.00%NovemberDecember2025FebruaryMarchApril
382.66%
142.06%
ALBAX
GSPKX

Key characteristics

Sharpe Ratio

ALBAX:

0.51

GSPKX:

0.22

Sortino Ratio

ALBAX:

0.82

GSPKX:

0.42

Omega Ratio

ALBAX:

1.12

GSPKX:

1.07

Calmar Ratio

ALBAX:

0.52

GSPKX:

0.20

Martin Ratio

ALBAX:

2.15

GSPKX:

0.71

Ulcer Index

ALBAX:

4.22%

GSPKX:

5.68%

Daily Std Dev

ALBAX:

17.83%

GSPKX:

18.51%

Max Drawdown

ALBAX:

-40.56%

GSPKX:

-55.29%

Current Drawdown

ALBAX:

-9.47%

GSPKX:

-12.31%

Returns By Period

The year-to-date returns for both stocks are quite close, with ALBAX having a -5.50% return and GSPKX slightly lower at -5.69%. Over the past 10 years, ALBAX has outperformed GSPKX with an annualized return of 9.41%, while GSPKX has yielded a comparatively lower 4.60% annualized return.


ALBAX

YTD

-5.50%

1M

-3.48%

6M

-3.69%

1Y

9.41%

5Y*

14.82%

10Y*

9.41%

GSPKX

YTD

-5.69%

1M

-3.54%

6M

-8.88%

1Y

4.51%

5Y*

8.10%

10Y*

4.60%

*Annualized

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ALBAX vs. GSPKX - Expense Ratio Comparison

ALBAX has a 0.98% expense ratio, which is higher than GSPKX's 0.71% expense ratio.


Expense ratio chart for ALBAX: current value is 0.98%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
ALBAX: 0.98%
Expense ratio chart for GSPKX: current value is 0.71%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
GSPKX: 0.71%

Risk-Adjusted Performance

ALBAX vs. GSPKX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ALBAX
The Risk-Adjusted Performance Rank of ALBAX is 5959
Overall Rank
The Sharpe Ratio Rank of ALBAX is 5656
Sharpe Ratio Rank
The Sortino Ratio Rank of ALBAX is 5757
Sortino Ratio Rank
The Omega Ratio Rank of ALBAX is 5858
Omega Ratio Rank
The Calmar Ratio Rank of ALBAX is 6666
Calmar Ratio Rank
The Martin Ratio Rank of ALBAX is 6060
Martin Ratio Rank

GSPKX
The Risk-Adjusted Performance Rank of GSPKX is 3636
Overall Rank
The Sharpe Ratio Rank of GSPKX is 3535
Sharpe Ratio Rank
The Sortino Ratio Rank of GSPKX is 3535
Sortino Ratio Rank
The Omega Ratio Rank of GSPKX is 3838
Omega Ratio Rank
The Calmar Ratio Rank of GSPKX is 3737
Calmar Ratio Rank
The Martin Ratio Rank of GSPKX is 3535
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ALBAX vs. GSPKX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Alger Growth & Income Fund (ALBAX) and Goldman Sachs U.S. Equity Dividend and Premium Fund (GSPKX). 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.


The chart of Sharpe ratio for ALBAX, currently valued at 0.51, compared to the broader market-1.000.001.002.003.00
ALBAX: 0.51
GSPKX: 0.22
The chart of Sortino ratio for ALBAX, currently valued at 0.82, compared to the broader market-2.000.002.004.006.008.00
ALBAX: 0.82
GSPKX: 0.42
The chart of Omega ratio for ALBAX, currently valued at 1.12, compared to the broader market0.501.001.502.002.503.00
ALBAX: 1.12
GSPKX: 1.07
The chart of Calmar ratio for ALBAX, currently valued at 0.52, compared to the broader market0.002.004.006.008.0010.00
ALBAX: 0.52
GSPKX: 0.20
The chart of Martin ratio for ALBAX, currently valued at 2.15, compared to the broader market0.0010.0020.0030.0040.00
ALBAX: 2.15
GSPKX: 0.71

The current ALBAX Sharpe Ratio is 0.51, which is higher than the GSPKX Sharpe Ratio of 0.22. The chart below compares the historical Sharpe Ratios of ALBAX and GSPKX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.00NovemberDecember2025FebruaryMarchApril
0.51
0.22
ALBAX
GSPKX

Dividends

ALBAX vs. GSPKX - Dividend Comparison

ALBAX's dividend yield for the trailing twelve months is around 1.18%, less than GSPKX's 1.37% yield.


TTM20242023202220212020201920182017201620152014
ALBAX
Alger Growth & Income Fund
1.18%1.08%1.29%1.24%0.85%1.20%1.46%1.64%1.19%1.53%1.57%1.78%
GSPKX
Goldman Sachs U.S. Equity Dividend and Premium Fund
1.37%1.28%1.55%1.69%1.27%1.67%1.97%2.32%1.86%1.92%2.14%1.90%

Drawdowns

ALBAX vs. GSPKX - Drawdown Comparison

The maximum ALBAX drawdown since its inception was -40.56%, smaller than the maximum GSPKX drawdown of -55.29%. Use the drawdown chart below to compare losses from any high point for ALBAX and GSPKX. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-9.47%
-12.31%
ALBAX
GSPKX

Volatility

ALBAX vs. GSPKX - Volatility Comparison

The current volatility for Alger Growth & Income Fund (ALBAX) is 13.00%, while Goldman Sachs U.S. Equity Dividend and Premium Fund (GSPKX) has a volatility of 13.83%. This indicates that ALBAX experiences smaller price fluctuations and is considered to be less risky than GSPKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%NovemberDecember2025FebruaryMarchApril
13.00%
13.83%
ALBAX
GSPKX