ALTFX vs. SSGLX
Compare and contrast key facts about AB Sustainable Global Thematic Fund (ALTFX) and State Street Global All Cap Equity ex-U.S. Index Fund Class K (SSGLX).
ALTFX is managed by AllianceBernstein. It was launched on Feb 28, 1982. SSGLX is a passively managed fund by State Street that tracks the performance of the MSCI ACWI ex USA Investable Market Index. It was launched on Sep 17, 2014.
Performance
ALTFX vs. SSGLX - Performance Comparison
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ALTFX vs. SSGLX - 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% |
SSGLX State Street Global All Cap Equity ex-U.S. Index Fund Class K | -0.64% | 32.64% | 4.98% | 15.67% | -16.44% | 8.36% | 11.11% | 21.52% | -14.05% | 27.12% |
Returns By Period
In the year-to-date period, ALTFX achieves a -10.89% return, which is significantly lower than SSGLX's -0.64% return. Over the past 10 years, ALTFX has outperformed SSGLX with an annualized return of 9.62%, while SSGLX has yielded a comparatively lower 8.58% 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%
SSGLX
- 1D
- 0.39%
- 1M
- -10.87%
- YTD
- -0.64%
- 6M
- 4.10%
- 1Y
- 24.88%
- 3Y*
- 14.40%
- 5Y*
- 6.92%
- 10Y*
- 8.58%
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ALTFX vs. SSGLX - Expense Ratio Comparison
ALTFX has a 1.02% expense ratio, which is higher than SSGLX's 0.07% expense ratio.
Return for Risk
ALTFX vs. SSGLX — Risk / Return Rank
ALTFX
SSGLX
ALTFX vs. SSGLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AB Sustainable Global Thematic Fund (ALTFX) and State Street Global All Cap Equity ex-U.S. Index Fund Class K (SSGLX). 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 | SSGLX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.05 | 1.56 | -1.51 |
Sortino ratioReturn per unit of downside risk | 0.20 | 2.12 | -1.92 |
Omega ratioGain probability vs. loss probability | 1.03 | 1.32 | -0.29 |
Calmar ratioReturn relative to maximum drawdown | -0.05 | 2.00 | -2.05 |
Martin ratioReturn relative to average drawdown | -0.16 | 7.90 | -8.06 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ALTFX | SSGLX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.05 | 1.56 | -1.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.01 | 0.48 | -0.47 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.54 | 0.53 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.37 | -0.11 |
Correlation
The correlation between ALTFX and SSGLX is 0.77, 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. SSGLX - Dividend Comparison
ALTFX's dividend yield for the trailing twelve months is around 15.18%, more than SSGLX's 4.44% 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% |
SSGLX State Street Global All Cap Equity ex-U.S. Index Fund Class K | 4.44% | 4.41% | 4.46% | 2.98% | 2.85% | 4.20% | 1.72% | 4.80% | 8.32% | 3.98% | 1.52% | 2.09% |
Drawdowns
ALTFX vs. SSGLX - Drawdown Comparison
The maximum ALTFX drawdown since its inception was -80.01%, which is greater than SSGLX's maximum drawdown of -35.88%. Use the drawdown chart below to compare losses from any high point for ALTFX and SSGLX.
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Drawdown Indicators
| ALTFX | SSGLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.01% | -35.88% | -44.13% |
Max Drawdown (1Y)Largest decline over 1 year | -15.81% | -11.22% | -4.59% |
Max Drawdown (5Y)Largest decline over 5 years | -35.87% | -30.08% | -5.79% |
Max Drawdown (10Y)Largest decline over 10 years | -35.87% | -35.88% | +0.01% |
Current DrawdownCurrent decline from peak | -16.56% | -10.87% | -5.69% |
Average DrawdownAverage peak-to-trough decline | -37.13% | -8.32% | -28.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.93% | 2.84% | +2.09% |
Volatility
ALTFX vs. SSGLX - Volatility Comparison
The current volatility for AB Sustainable Global Thematic Fund (ALTFX) is 5.52%, while State Street Global All Cap Equity ex-U.S. Index Fund Class K (SSGLX) has a volatility of 6.44%. This indicates that ALTFX experiences smaller price fluctuations and is considered to be less risky than SSGLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALTFX | SSGLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.52% | 6.44% | -0.92% |
Volatility (6M)Calculated over the trailing 6-month period | 10.66% | 10.02% | +0.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.53% | 15.49% | +3.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.10% | 14.49% | +3.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.96% | 16.15% | +1.81% |