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

Correlation

The correlation between ALTFX and ALMAX 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

ALTFX vs. ALMAX - Performance Comparison

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

0.00%100.00%200.00%300.00%400.00%December2025FebruaryMarchAprilMay
320.72%
69.95%
ALTFX
ALMAX

Key characteristics

Sharpe Ratio

ALTFX:

-0.32

ALMAX:

0.10

Sortino Ratio

ALTFX:

-0.29

ALMAX:

0.21

Omega Ratio

ALTFX:

0.96

ALMAX:

1.03

Calmar Ratio

ALTFX:

-0.16

ALMAX:

0.01

Martin Ratio

ALTFX:

-0.60

ALMAX:

0.04

Ulcer Index

ALTFX:

10.55%

ALMAX:

10.06%

Daily Std Dev

ALTFX:

20.72%

ALMAX:

25.74%

Max Drawdown

ALTFX:

-81.26%

ALMAX:

-60.81%

Current Drawdown

ALTFX:

-28.91%

ALMAX:

-50.75%

Returns By Period

In the year-to-date period, ALTFX achieves a -1.87% return, which is significantly higher than ALMAX's -10.31% return. Over the past 10 years, ALTFX has outperformed ALMAX with an annualized return of 4.91%, while ALMAX has yielded a comparatively lower -3.65% annualized return.


ALTFX

YTD

-1.87%

1M

17.99%

6M

-13.98%

1Y

-6.66%

5Y*

3.30%

10Y*

4.91%

ALMAX

YTD

-10.31%

1M

18.93%

6M

-11.40%

1Y

2.47%

5Y*

-3.39%

10Y*

-3.65%

*Annualized

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ALTFX vs. ALMAX - Expense Ratio Comparison

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


Risk-Adjusted Performance

ALTFX vs. ALMAX — Risk-Adjusted Performance Rank

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

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 88
Omega Ratio Rank
The Calmar Ratio Rank of ALTFX is 1010
Calmar Ratio Rank
The Martin Ratio Rank of ALTFX is 99
Martin Ratio Rank

ALMAX
The Risk-Adjusted Performance Rank of ALMAX is 2323
Overall Rank
The Sharpe Ratio Rank of ALMAX is 2626
Sharpe Ratio Rank
The Sortino Ratio Rank of ALMAX is 2424
Sortino Ratio Rank
The Omega Ratio Rank of ALMAX is 2323
Omega Ratio Rank
The Calmar Ratio Rank of ALMAX is 2121
Calmar Ratio Rank
The Martin Ratio Rank of ALMAX is 2121
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.

ALTFX vs. ALMAX - Risk-Adjusted Performance Comparison

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 -0.32, which is lower than the ALMAX Sharpe Ratio of 0.10. 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.


Rolling 12-month Sharpe Ratio-1.000.001.002.00December2025FebruaryMarchAprilMay
-0.32
0.10
ALTFX
ALMAX

Dividends

ALTFX vs. ALMAX - Dividend Comparison

Neither ALTFX nor ALMAX has paid dividends to shareholders.


TTM2024202320222021202020192018201720162015
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%0.00%
ALMAX
Alger Weatherbie Specialized Growth Fund
0.00%0.00%0.00%0.00%24.48%4.64%4.00%9.86%0.00%12.44%55.85%

Drawdowns

ALTFX vs. ALMAX - Drawdown Comparison

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.


-60.00%-50.00%-40.00%-30.00%-20.00%December2025FebruaryMarchAprilMay
-28.91%
-50.75%
ALTFX
ALMAX

Volatility

ALTFX vs. ALMAX - Volatility Comparison

The current volatility for AB Sustainable Global Thematic Fund (ALTFX) is 10.16%, while Alger Weatherbie Specialized Growth Fund (ALMAX) has a volatility of 11.49%. This indicates that ALTFX experiences smaller price fluctuations and is considered to be less risky than ALMAX 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
10.16%
11.49%
ALTFX
ALMAX