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ALMAX vs. ALTFX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ALMAX and ALTFX is 0.83, 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.


Performance

ALMAX vs. ALTFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alger Weatherbie Specialized Growth Fund (ALMAX) and AB Sustainable Global Thematic Fund (ALTFX). The values are adjusted to include any dividend payments, if applicable.

0.00%100.00%200.00%300.00%400.00%December2025FebruaryMarchAprilMay
67.90%
320.72%
ALMAX
ALTFX

Key characteristics

Sharpe Ratio

ALMAX:

0.00

ALTFX:

-0.35

Sortino Ratio

ALMAX:

0.11

ALTFX:

-0.31

Omega Ratio

ALMAX:

1.01

ALTFX:

0.96

Calmar Ratio

ALMAX:

-0.02

ALTFX:

-0.17

Martin Ratio

ALMAX:

-0.13

ALTFX:

-0.63

Ulcer Index

ALMAX:

10.12%

ALTFX:

10.60%

Daily Std Dev

ALMAX:

25.64%

ALTFX:

20.72%

Max Drawdown

ALMAX:

-60.81%

ALTFX:

-81.26%

Current Drawdown

ALMAX:

-51.35%

ALTFX:

-28.91%

Returns By Period

In the year-to-date period, ALMAX achieves a -11.39% return, which is significantly lower than ALTFX's -1.87% return. Over the past 10 years, ALMAX has underperformed ALTFX with an annualized return of -3.73%, while ALTFX has yielded a comparatively higher 4.95% annualized return.


ALMAX

YTD

-11.39%

1M

7.06%

6M

-14.83%

1Y

0.08%

5Y*

-3.62%

10Y*

-3.73%

ALTFX

YTD

-1.87%

1M

8.31%

6M

-13.79%

1Y

-7.17%

5Y*

3.30%

10Y*

4.95%

*Annualized

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ALMAX vs. ALTFX - Expense Ratio Comparison

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


Risk-Adjusted Performance

ALMAX vs. ALTFX — Risk-Adjusted Performance Rank

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

ALMAX
The Risk-Adjusted Performance Rank of ALMAX is 2020
Overall Rank
The Sharpe Ratio Rank of ALMAX is 2222
Sharpe Ratio Rank
The Sortino Ratio Rank of ALMAX is 2121
Sortino Ratio Rank
The Omega Ratio Rank of ALMAX is 2020
Omega Ratio Rank
The Calmar Ratio Rank of ALMAX is 1919
Calmar Ratio Rank
The Martin Ratio Rank of ALMAX is 1818
Martin Ratio Rank

ALTFX
The Risk-Adjusted Performance Rank of ALTFX is 88
Overall Rank
The Sharpe Ratio Rank of ALTFX is 77
Sharpe Ratio Rank
The Sortino Ratio Rank of ALTFX is 77
Sortino Ratio Rank
The Omega Ratio Rank of ALTFX is 77
Omega Ratio Rank
The Calmar Ratio Rank of ALTFX is 1010
Calmar Ratio Rank
The Martin Ratio Rank of ALTFX is 88
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.

ALMAX vs. ALTFX - Risk-Adjusted Performance Comparison

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 0.00, which is higher than the ALTFX Sharpe Ratio of -0.35. 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.


Rolling 12-month Sharpe Ratio-1.000.001.002.00December2025FebruaryMarchAprilMay
0.00
-0.35
ALMAX
ALTFX

Dividends

ALMAX vs. ALTFX - Dividend Comparison

Neither ALMAX nor ALTFX has paid dividends to shareholders.


TTM202420232022202120202019201820172016
ALMAX
Alger Weatherbie Specialized Growth Fund
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
ALTFX
AB Sustainable Global Thematic Fund
0.00%0.00%0.03%0.26%0.00%0.00%0.00%0.99%0.00%4.05%

Drawdowns

ALMAX vs. ALTFX - Drawdown Comparison

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.


-60.00%-50.00%-40.00%-30.00%-20.00%December2025FebruaryMarchAprilMay
-51.35%
-28.91%
ALMAX
ALTFX

Volatility

ALMAX vs. ALTFX - Volatility Comparison

Alger Weatherbie Specialized Growth Fund (ALMAX) has a higher volatility of 7.44% compared to AB Sustainable Global Thematic Fund (ALTFX) at 6.07%. 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.


4.00%6.00%8.00%10.00%12.00%14.00%December2025FebruaryMarchAprilMay
7.44%
6.07%
ALMAX
ALTFX