ALTFX vs. ALMAX

In the year-to-date period, ALTFX achieves a -1.95% return, which is significantly lower than ALMAX's 14.03% return. Over the past 10 years, ALTFX has outperformed ALMAX with an annualized return of 5.79%, while ALMAX has yielded a comparatively lower -2.02% annualized return.

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

This table presents a comparison of risk-adjusted performance metrics for AB Sustainable Global Thematic Fund (ALTFX) and Alger Weatherbie Specialized Growth Fund (ALMAX). 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 ALTFX Sharpe Ratio is -0.07, which is lower than the ALMAX Sharpe Ratio of 0.68. The chart below compares the historical Sharpe Ratios of ALTFX and ALMAX, 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 ALTFX nor ALMAX has paid dividends to shareholders.

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

AB Sustainable Global Thematic Fund (ALTFX) has a higher volatility of 8.99% compared to Alger Weatherbie Specialized Growth Fund (ALMAX) at 6.99%. This indicates that ALTFX's price experiences larger fluctuations and is considered to be riskier than ALMAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.