ALMAX vs. ALTFX

In the year-to-date period, ALMAX achieves a 3.89% return, which is significantly higher than ALTFX's 1.58% return. Over the past 10 years, ALMAX has underperformed ALTFX with an annualized return of -1.38%, while ALTFX has yielded a comparatively higher 6.30% annualized return.

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ALMAX has a 1.20% expense ratio, which is higher than ALTFX's 1.02% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Alger Weatherbie Specialized Growth Fund (ALMAX) and AB Sustainable Global Thematic Fund (ALTFX). 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 current ALMAX Sharpe Ratio is 1.10, which is higher than the ALTFX Sharpe Ratio of 0.12. The chart below compares the historical Sharpe Ratios of ALMAX and ALTFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Neither ALMAX nor ALTFX has paid dividends to shareholders.

The maximum ALMAX drawdown since its inception was -60.81%, smaller than the maximum ALTFX drawdown of -81.26%. Use the drawdown chart below to compare losses from any high point for ALMAX and ALTFX. For additional features, visit the drawdowns tool.

Alger Weatherbie Specialized Growth Fund (ALMAX) has a higher volatility of 7.40% compared to AB Sustainable Global Thematic Fund (ALTFX) at 4.19%. This indicates that ALMAX's price experiences larger fluctuations and is considered to be riskier than ALTFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.