ALTFX vs. APGYX

Last updated Apr 1, 2026

Compare and contrast key facts about AB Sustainable Global Thematic Fund (ALTFX) and AB Large Cap Growth Fund Advisor Class (APGYX).

ALTFX is managed by AllianceBernstein. It was launched on Feb 28, 1982. APGYX is managed by AllianceBernstein. It was launched on Jan 10, 1996.

Performance

ALTFX vs. APGYX - Performance Comparison

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

ALTFX vs. APGYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ALTFX AB Sustainable Global Thematic Fund	-10.89%	6.22%	5.94%	15.97%	-27.19%	22.64%	39.40%	33.60%	-9.86%	37.16%
APGYX AB Large Cap Growth Fund Advisor Class	-12.78%	13.25%	25.40%	35.01%	-28.78%	28.92%	34.38%	34.13%	2.22%	31.68%

Returns By Period

In the year-to-date period, ALTFX achieves a -10.89% return, which is significantly higher than APGYX's -12.78% return. Over the past 10 years, ALTFX has underperformed APGYX with an annualized return of 9.62%, while APGYX has yielded a comparatively higher 14.44% annualized return.

ALTFX

• 1D: -0.30%
• 1M: -9.85%
• YTD: -10.89%
• 6M: -13.62%
• 1Y: 1.12%
• 3Y*: 3.26%
• 5Y*: 0.18%
• 10Y*: 9.62%

APGYX

• 1D: -0.10%
• 1M: -10.10%
• YTD: -12.78%
• 6M: -12.57%
• 1Y: 7.76%
• 3Y*: 14.39%
• 5Y*: 8.71%
• 10Y*: 14.44%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ALTFX vs. APGYX - Expense Ratio Comparison

ALTFX has a 1.02% expense ratio, which is higher than APGYX's 0.59% expense ratio.

ALTFX

AB Sustainable Global Thematic Fund

APGYX

AB Large Cap Growth Fund Advisor Class

Return for Risk

ALTFX vs. APGYX — Risk / Return Rank

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

ALTFX

ALTFX Risk / Return Rank: 6
ALTFX Sharpe Ratio Rank: 6
ALTFX Sortino Ratio Rank: 6
ALTFX Omega Ratio Rank: 6
ALTFX Calmar Ratio Rank: 6
ALTFX Martin Ratio Rank: 6

APGYX

APGYX Risk / Return Rank: 15
APGYX Sharpe Ratio Rank: 16
APGYX Sortino Ratio Rank: 17
APGYX Omega Ratio Rank: 17
APGYX Calmar Ratio Rank: 13
APGYX Martin Ratio Rank: 14

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ALTFX vs. APGYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AB Sustainable Global Thematic Fund (ALTFX) and AB Large Cap Growth Fund Advisor Class (APGYX). 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.

	ALTFX	APGYX	Difference
Sharpe ratio Return per unit of total volatility	0.05	0.40	-0.35
Sortino ratio Return per unit of downside risk	0.20	0.73	-0.53
Omega ratio Gain probability vs. loss probability	1.03	1.10	-0.07
Calmar ratio Return relative to maximum drawdown	-0.05	0.34	-0.39
Martin ratio Return relative to average drawdown	-0.16	1.34	-1.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ALTFX vs. APGYX - Sharpe Ratio Comparison

The current ALTFX Sharpe Ratio is 0.05, which is lower than the APGYX Sharpe Ratio of 0.40. The chart below compares the historical Sharpe Ratios of ALTFX and APGYX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ALTFX	APGYX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.05	0.40	-0.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.01	0.43	-0.42
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.54	0.74	-0.20
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	0.46	-0.20

Correlation

The correlation between ALTFX and APGYX is 0.87, 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.

Dividends

ALTFX vs. APGYX - Dividend Comparison

ALTFX's dividend yield for the trailing twelve months is around 15.18%, more than APGYX's 11.19% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ALTFX AB Sustainable Global Thematic Fund	15.18%	13.53%	8.18%	0.03%	2.61%	9.99%	7.23%	6.01%	8.36%	0.00%	4.05%	0.00%
APGYX AB Large Cap Growth Fund Advisor Class	11.19%	9.76%	6.58%	1.65%	0.86%	7.17%	2.59%	3.43%	9.08%	3.77%	2.67%	8.57%

Drawdowns

ALTFX vs. APGYX - Drawdown Comparison

The maximum ALTFX drawdown since its inception was -80.01%, which is greater than APGYX's maximum drawdown of -66.33%. Use the drawdown chart below to compare losses from any high point for ALTFX and APGYX.

Drawdown Indicators

	ALTFX	APGYX	Difference
Max Drawdown Largest peak-to-trough decline	-80.01%	-66.33%	-13.68%
Max Drawdown (1Y) Largest decline over 1 year	-15.81%	-15.24%	-0.57%
Max Drawdown (5Y) Largest decline over 5 years	-35.87%	-33.91%	-1.96%
Max Drawdown (10Y) Largest decline over 10 years	-35.87%	-33.91%	-1.96%
Current Drawdown Current decline from peak	-16.56%	-15.24%	-1.32%
Average Drawdown Average peak-to-trough decline	-37.13%	-21.11%	-16.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.93%	3.91%	+1.02%

Volatility

ALTFX vs. APGYX - Volatility Comparison

AB Sustainable Global Thematic Fund (ALTFX) has a higher volatility of 5.52% compared to AB Large Cap Growth Fund Advisor Class (APGYX) at 5.13%. This indicates that ALTFX's price experiences larger fluctuations and is considered to be riskier than APGYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ALTFX	APGYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.52%	5.13%	+0.39%
Volatility (6M) Calculated over the trailing 6-month period	10.66%	10.81%	-0.15%
Volatility (1Y) Calculated over the trailing 1-year period	18.53%	19.92%	-1.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.10%	20.13%	-2.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.96%	19.61%	-1.65%