ALGRX vs. FSTEX
ALGRX (Alger Focus Equity Fund Class I) and FSTEX (Invesco Energy Fund) are both mutual funds - ALGRX is a Large Cap Growth Equities fund managed by Alger, while FSTEX is a Energy Equities fund managed by Invesco. Over the past 10 years, ALGRX returned 20.99%/yr vs 7.30%/yr for FSTEX. Their 0.45 correlation means their historical movements had little consistent relationship. ALGRX charges 0.95%/yr vs 1.36%/yr for FSTEX.
Performance
ALGRX vs. FSTEX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ALGRX achieves a 13.02% return, which is significantly lower than FSTEX's 32.32% return. Over the past 10 years, ALGRX has outperformed FSTEX with an annualized return of 20.99%, while FSTEX has yielded a comparatively lower 7.30% annualized return.
ALGRX
- 1D
- 2.67%
- 1M
- 0.08%
- 6M
- 15.78%
- YTD
- 13.02%
- 1Y
- 27.42%
- 3Y*
- 37.61%
- 5Y*
- 18.06%
- 10Y*
- 20.99%
- ALL TIME*
- 10.21%
FSTEX
- 1D
- -1.34%
- 1M
- 12.41%
- 6M
- 16.50%
- YTD
- 32.32%
- 1Y
- 41.87%
- 3Y*
- 16.37%
- 5Y*
- 24.52%
- 10Y*
- 7.30%
- ALL TIME*
- 6.87%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
FSTEX Invesco Energy Fund | $0.00 | $0.00 | $0.00 |
ALGRX vs. FSTEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALGRX Alger Focus Equity Fund Class I | 13.02% | 39.68% | 51.77% | 44.20% | -35.94% | 20.06% | 45.82% | 33.93% | 1.39% | 28.68% |
FSTEX Invesco Energy Fund | 32.32% | 12.31% | 6.00% | 0.28% | 52.85% | 55.99% | -32.13% | 4.78% | -26.82% | -8.26% |
Correlation
The correlation between ALGRX and FSTEX is -0.16, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.16 |
Correlation (3Y) Balances recent behavior with more history. | 0.02 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.17 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.28 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 1994 | 0.45 |
The correlation between ALGRX and FSTEX shifts across timeframes, from -0.16 (1 year) to 0.45 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ALGRX vs. FSTEX — Risk / Return Rank
ALGRX
FSTEX
ALGRX vs. FSTEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alger Focus Equity Fund Class I (ALGRX) and Invesco Energy Fund (FSTEX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ALGRX | FSTEX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.83 | ||
| Sortino ratioReturn per unit of downside risk | -0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.34 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.75 | 2.56 | -0.81 |
| Martin ratioReturn relative to average drawdown | 5.47 | 8.13 | -2.67 |
Loading charts...
Drawdowns
ALGRX vs. FSTEX - Drawdown Comparison
The maximum ALGRX drawdown since its inception was -62.64%, smaller than the maximum FSTEX drawdown of -83.31%. Use the drawdown chart below to compare losses from any high point for ALGRX and FSTEX.
Loading charts...
Drawdown Indicators
| ALGRX | FSTEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.64% | -83.31% | +20.67% |
Max Drawdown (1Y)Largest decline over 1 year | -17.55% | -16.54% | -1.01% |
Max Drawdown (3Y)Largest decline over 3 years | -26.96% | -18.58% | -8.38% |
Max Drawdown (5Y)Largest decline over 5 years | -43.57% | -26.88% | -16.69% |
Max Drawdown (10Y)Largest decline over 10 years | -43.57% | -73.41% | +29.84% |
Current DrawdownCurrent decline from peak | -4.38% | -5.23% | +0.85% |
Average DrawdownAverage peak-to-trough decline | -18.73% | -25.14% | +6.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.62% | 5.19% | +0.43% |
Volatility
ALGRX vs. FSTEX - Volatility Comparison
Alger Focus Equity Fund Class I (ALGRX) has a higher volatility of 8.70% compared to Invesco Energy Fund (FSTEX) at 6.81%. This indicates that ALGRX's price experiences larger fluctuations and is considered to be riskier than FSTEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ALGRX | FSTEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.70% | 6.81% | +1.89% |
Volatility (6M)Calculated over the trailing 6-month period | 19.10% | 16.63% | +2.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.16% | 20.20% | +3.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.72% | 24.97% | +1.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.25% | 29.57% | -5.32% |
ALGRX vs. FSTEX - Expense Ratio Comparison
ALGRX has a 0.95% expense ratio, which is lower than FSTEX's 1.36% expense ratio.
Dividends
ALGRX vs. FSTEX - Dividend Comparison
ALGRX's dividend yield for the trailing twelve months is around 6.93%, more than FSTEX's 1.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALGRX Alger Focus Equity Fund Class I | 6.93% | 7.84% | 0.00% | 0.10% | 0.06% | 13.98% | 6.25% | 2.08% | 5.38% | 0.00% | 0.00% | 0.00% |
FSTEX Invesco Energy Fund | 1.68% | 2.22% | 4.03% | 2.11% | 0.89% | 1.80% | 2.21% | 1.53% | 3.05% | 2.22% | 1.10% | 1.58% |
Frequently Asked Questions
ALGRX and FSTEX have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ALGRX has higher volatility (8.70%) compared to FSTEX (6.81%). In terms of maximum drawdown, ALGRX dropped -62.64% vs FSTEX's -83.31%.
FSTEX currently has the higher Sharpe Ratio (2.10 vs 1.27), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for ALGRX and FSTEX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer