PortfoliosLab logo
ALVOX vs. ACAAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ALVOX and ACAAX is 0.91, 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.


-0.50.00.51.0
Correlation: 0.9

Performance

ALVOX vs. ACAAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alger Capital Appreciation Portfolio (ALVOX) and Alger Capital Appreciation Fund (ACAAX). The values are adjusted to include any dividend payments, if applicable.

200.00%400.00%600.00%800.00%1,000.00%NovemberDecember2025FebruaryMarchApril
284.76%
795.77%
ALVOX
ACAAX

Key characteristics

Sharpe Ratio

ALVOX:

0.66

ACAAX:

0.65

Sortino Ratio

ALVOX:

1.06

ACAAX:

1.06

Omega Ratio

ALVOX:

1.15

ACAAX:

1.15

Calmar Ratio

ALVOX:

0.63

ACAAX:

0.70

Martin Ratio

ALVOX:

2.34

ACAAX:

2.34

Ulcer Index

ALVOX:

8.27%

ACAAX:

8.35%

Daily Std Dev

ALVOX:

29.48%

ACAAX:

30.06%

Max Drawdown

ALVOX:

-57.47%

ACAAX:

-70.29%

Current Drawdown

ALVOX:

-18.41%

ACAAX:

-18.68%

Returns By Period

The year-to-date returns for both stocks are quite close, with ALVOX having a -11.31% return and ACAAX slightly lower at -11.81%. Over the past 10 years, ALVOX has underperformed ACAAX with an annualized return of 3.11%, while ACAAX has yielded a comparatively higher 12.22% annualized return.


ALVOX

YTD

-11.31%

1M

-7.20%

6M

-4.44%

1Y

17.27%

5Y*

5.04%

10Y*

3.11%

ACAAX

YTD

-11.81%

1M

-7.58%

6M

-4.34%

1Y

17.43%

5Y*

14.98%

10Y*

12.22%

*Annualized

Compare stocks, funds, or ETFs

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


ALVOX vs. ACAAX - Expense Ratio Comparison

ALVOX has a 0.91% expense ratio, which is lower than ACAAX's 1.15% expense ratio.


Expense ratio chart for ACAAX: current value is 1.15%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
ACAAX: 1.15%
Expense ratio chart for ALVOX: current value is 0.91%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
ALVOX: 0.91%

Risk-Adjusted Performance

ALVOX vs. ACAAX — Risk-Adjusted Performance Rank

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

ALVOX
The Risk-Adjusted Performance Rank of ALVOX is 6868
Overall Rank
The Sharpe Ratio Rank of ALVOX is 6565
Sharpe Ratio Rank
The Sortino Ratio Rank of ALVOX is 6868
Sortino Ratio Rank
The Omega Ratio Rank of ALVOX is 6868
Omega Ratio Rank
The Calmar Ratio Rank of ALVOX is 7474
Calmar Ratio Rank
The Martin Ratio Rank of ALVOX is 6464
Martin Ratio Rank

ACAAX
The Risk-Adjusted Performance Rank of ACAAX is 6868
Overall Rank
The Sharpe Ratio Rank of ACAAX is 6565
Sharpe Ratio Rank
The Sortino Ratio Rank of ACAAX is 6868
Sortino Ratio Rank
The Omega Ratio Rank of ACAAX is 6767
Omega Ratio Rank
The Calmar Ratio Rank of ACAAX is 7878
Calmar Ratio Rank
The Martin Ratio Rank of ACAAX is 6464
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.

ALVOX vs. ACAAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Alger Capital Appreciation Portfolio (ALVOX) and Alger Capital Appreciation Fund (ACAAX). 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 chart of Sharpe ratio for ALVOX, currently valued at 0.66, compared to the broader market-1.000.001.002.003.00
ALVOX: 0.66
ACAAX: 0.65
The chart of Sortino ratio for ALVOX, currently valued at 1.06, compared to the broader market-2.000.002.004.006.008.00
ALVOX: 1.06
ACAAX: 1.06
The chart of Omega ratio for ALVOX, currently valued at 1.15, compared to the broader market0.501.001.502.002.503.00
ALVOX: 1.15
ACAAX: 1.15
The chart of Calmar ratio for ALVOX, currently valued at 0.63, compared to the broader market0.002.004.006.008.0010.00
ALVOX: 0.63
ACAAX: 0.70
The chart of Martin ratio for ALVOX, currently valued at 2.34, compared to the broader market0.0010.0020.0030.0040.0050.00
ALVOX: 2.34
ACAAX: 2.34

The current ALVOX Sharpe Ratio is 0.66, which is comparable to the ACAAX Sharpe Ratio of 0.65. The chart below compares the historical Sharpe Ratios of ALVOX and ACAAX, 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 Ratio0.001.002.003.00NovemberDecember2025FebruaryMarchApril
0.66
0.65
ALVOX
ACAAX

Dividends

ALVOX vs. ACAAX - Dividend Comparison

ALVOX has not paid dividends to shareholders, while ACAAX's dividend yield for the trailing twelve months is around 14.66%.


TTM20242023202220212020201920182017201620152014
ALVOX
Alger Capital Appreciation Portfolio
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.11%0.16%0.19%0.09%0.11%
ACAAX
Alger Capital Appreciation Fund
14.66%12.93%7.19%4.42%23.67%15.64%8.17%11.59%6.76%0.00%0.00%0.00%

Drawdowns

ALVOX vs. ACAAX - Drawdown Comparison

The maximum ALVOX drawdown since its inception was -57.47%, smaller than the maximum ACAAX drawdown of -70.29%. Use the drawdown chart below to compare losses from any high point for ALVOX and ACAAX. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-18.41%
-18.68%
ALVOX
ACAAX

Volatility

ALVOX vs. ACAAX - Volatility Comparison

Alger Capital Appreciation Portfolio (ALVOX) and Alger Capital Appreciation Fund (ACAAX) have volatilities of 18.41% and 18.91%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
18.41%
18.91%
ALVOX
ACAAX