ALMRX vs. INDL

In the year-to-date period, ALMRX achieves a 1.15% return, which is significantly lower than INDL's 1.31% return. Over the past 10 years, ALMRX has outperformed INDL with an annualized return of 9.24%, while INDL has yielded a comparatively lower -2.02% annualized return.

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

ALMRX has a 1.44% expense ratio, which is higher than INDL's 1.33% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Alger MidCap Growth Institutional Fund (ALMRX) and Direxion Daily India Bull 3x Shares (INDL). 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 ALMRX Sharpe Ratio is 0.40, which is higher than the INDL Sharpe Ratio of 0.01. The chart below compares the historical Sharpe Ratios of ALMRX and INDL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

ALMRX has not paid dividends to shareholders, while INDL's dividend yield for the trailing twelve months is around 2.74%.

The maximum ALMRX drawdown since its inception was -73.80%, smaller than the maximum INDL drawdown of -95.67%. Use the drawdown chart below to compare losses from any high point for ALMRX and INDL. For additional features, visit the drawdowns tool.

The current volatility for Alger MidCap Growth Institutional Fund (ALMRX) is 7.33%, while Direxion Daily India Bull 3x Shares (INDL) has a volatility of 13.10%. This indicates that ALMRX experiences smaller price fluctuations and is considered to be less risky than INDL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.