ALBAX vs. VOO
Compare and contrast key facts about Alger Growth & Income Fund (ALBAX) and Vanguard S&P 500 ETF (VOO).
ALBAX is managed by Alger. It was launched on Dec 31, 1996. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALBAX or VOO.
Performance
ALBAX vs. VOO - Performance Comparison
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Key characteristics
ALBAX:
0.65
VOO:
0.68
ALBAX:
1.09
VOO:
1.16
ALBAX:
1.16
VOO:
1.17
ALBAX:
0.73
VOO:
0.78
ALBAX:
2.70
VOO:
2.94
ALBAX:
4.76%
VOO:
4.96%
ALBAX:
18.19%
VOO:
19.69%
ALBAX:
-62.56%
VOO:
-33.99%
ALBAX:
0.00%
VOO:
-0.80%
Returns By Period
The year-to-date returns for both stocks are quite close, with ALBAX having a 6.73% return and VOO slightly lower at 6.60%. Over the past 10 years, ALBAX has underperformed VOO with an annualized return of 9.48%, while VOO has yielded a comparatively higher 13.58% annualized return.
ALBAX
- YTD
- 6.73%
- 1M
- 4.86%
- 6M
- 5.44%
- 1Y
- 11.02%
- 3Y*
- 16.39%
- 5Y*
- 14.15%
- 10Y*
- 9.48%
VOO
- YTD
- 6.60%
- 1M
- 3.94%
- 6M
- 4.89%
- 1Y
- 13.37%
- 3Y*
- 18.64%
- 5Y*
- 16.18%
- 10Y*
- 13.58%
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ALBAX vs. VOO - Expense Ratio Comparison
ALBAX has a 0.98% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
ALBAX vs. VOO — Risk-Adjusted Performance Rank
ALBAX
VOO
ALBAX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alger Growth & Income Fund (ALBAX) and Vanguard S&P 500 ETF (VOO). 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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Correlation
The correlation between ALBAX and VOO is 0.97, 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. VOO - Dividend Comparison
ALBAX's dividend yield for the trailing twelve months is around 1.07%, less than VOO's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALBAX Alger Growth & Income Fund | 1.07% | 1.08% | 1.29% | 1.24% | 4.17% | 2.55% | 5.01% | 6.75% | 2.75% | 1.56% | 4.82% | 5.06% |
VOO Vanguard S&P 500 ETF | 1.22% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
ALBAX vs. VOO - Drawdown Comparison
The maximum ALBAX drawdown since its inception was -62.56%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for ALBAX and VOO.
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Volatility
ALBAX vs. VOO - Volatility Comparison
The current volatility for Alger Growth & Income Fund (ALBAX) is 2.55%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.04%. This indicates that ALBAX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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