ALGRX vs. SWLGX
Compare and contrast key facts about Alger Focus Equity Fund (ALGRX) and Schwab U.S. Large-Cap Growth Index Fund (SWLGX).
ALGRX is managed by Alger. It was launched on Nov 8, 1993. SWLGX is a passively managed fund by Charles Schwab that tracks the performance of the Russell 1000 Growth Index. It was launched on Dec 20, 2017.
Performance
ALGRX vs. SWLGX - Performance Comparison
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ALGRX vs. SWLGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALGRX Alger Focus Equity Fund | -13.65% | 39.68% | 51.77% | 44.20% | -35.94% | 20.06% | 45.82% | 33.93% | 1.39% | -0.22% |
SWLGX Schwab U.S. Large-Cap Growth Index Fund | -13.06% | 18.55% | 33.30% | 42.67% | -29.17% | 27.55% | 38.43% | 36.30% | -1.59% | -0.60% |
Returns By Period
The year-to-date returns for both investments are quite close, with ALGRX having a -13.65% return and SWLGX slightly higher at -13.06%.
ALGRX
- 1D
- -1.70%
- 1M
- -9.05%
- YTD
- -13.65%
- 6M
- -14.17%
- 1Y
- 36.06%
- 3Y*
- 32.03%
- 5Y*
- 14.72%
- 10Y*
- 18.29%
SWLGX
- 1D
- -0.46%
- 1M
- -8.63%
- YTD
- -13.06%
- 6M
- -12.07%
- 1Y
- 14.45%
- 3Y*
- 19.67%
- 5Y*
- 11.90%
- 10Y*
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ALGRX vs. SWLGX - Expense Ratio Comparison
ALGRX has a 0.89% expense ratio, which is higher than SWLGX's 0.04% expense ratio.
Return for Risk
ALGRX vs. SWLGX — Risk / Return Rank
ALGRX
SWLGX
ALGRX vs. SWLGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alger Focus Equity Fund (ALGRX) and Schwab U.S. Large-Cap Growth Index Fund (SWLGX). 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.
| ALGRX | SWLGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.31 | 0.66 | +0.65 |
Sortino ratioReturn per unit of downside risk | 1.89 | 1.10 | +0.79 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.15 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | 1.85 | 0.72 | +1.13 |
Martin ratioReturn relative to average drawdown | 6.32 | 2.51 | +3.81 |
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
| ALGRX | SWLGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.31 | 0.66 | +0.65 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.57 | 0.56 | +0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.77 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.68 | -0.26 |
Correlation
The correlation between ALGRX and SWLGX 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.
Dividends
ALGRX vs. SWLGX - Dividend Comparison
ALGRX's dividend yield for the trailing twelve months is around 9.08%, more than SWLGX's 0.52% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
ALGRX Alger Focus Equity Fund | 9.08% | 7.84% | 0.00% | 0.10% | 0.06% | 13.98% | 6.25% | 2.08% | 5.38% |
SWLGX Schwab U.S. Large-Cap Growth Index Fund | 0.52% | 0.46% | 0.52% | 0.67% | 0.93% | 1.76% | 0.67% | 0.96% | 1.03% |
Drawdowns
ALGRX vs. SWLGX - Drawdown Comparison
The maximum ALGRX drawdown since its inception was -62.64%, which is greater than SWLGX's maximum drawdown of -32.69%. Use the drawdown chart below to compare losses from any high point for ALGRX and SWLGX.
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Drawdown Indicators
| ALGRX | SWLGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.64% | -32.69% | -29.95% |
Max Drawdown (1Y)Largest decline over 1 year | -17.55% | -16.16% | -1.39% |
Max Drawdown (5Y)Largest decline over 5 years | -43.57% | -32.69% | -10.88% |
Max Drawdown (10Y)Largest decline over 10 years | -43.57% | — | — |
Current DrawdownCurrent decline from peak | -17.55% | -16.16% | -1.39% |
Average DrawdownAverage peak-to-trough decline | -18.89% | -7.13% | -11.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.13% | 4.62% | +0.51% |
Volatility
ALGRX vs. SWLGX - Volatility Comparison
Alger Focus Equity Fund (ALGRX) has a higher volatility of 7.55% compared to Schwab U.S. Large-Cap Growth Index Fund (SWLGX) at 5.38%. This indicates that ALGRX's price experiences larger fluctuations and is considered to be riskier than SWLGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALGRX | SWLGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.55% | 5.38% | +2.17% |
Volatility (6M)Calculated over the trailing 6-month period | 16.38% | 11.82% | +4.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.14% | 22.31% | +4.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.06% | 21.47% | +4.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.84% | 22.78% | +1.06% |