ALVOX vs. BCH-USD
Compare and contrast key facts about Alger Capital Appreciation Portfolio (ALVOX) and Bitcoin Cash (BCH-USD).
ALVOX is managed by Alger. It was launched on Jan 25, 1995.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALVOX or BCH-USD.
Correlation
The correlation between ALVOX and BCH-USD is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ALVOX vs. BCH-USD - Performance Comparison
Key characteristics
ALVOX:
1.31
BCH-USD:
-0.36
ALVOX:
1.76
BCH-USD:
-0.05
ALVOX:
1.23
BCH-USD:
0.99
ALVOX:
0.89
BCH-USD:
0.01
ALVOX:
7.19
BCH-USD:
-1.13
ALVOX:
4.01%
BCH-USD:
25.28%
ALVOX:
22.03%
BCH-USD:
84.62%
ALVOX:
-57.47%
BCH-USD:
-98.03%
ALVOX:
-9.69%
BCH-USD:
-92.07%
Returns By Period
In the year-to-date period, ALVOX achieves a -1.83% return, which is significantly higher than BCH-USD's -28.26% return.
ALVOX
-1.83%
-5.52%
13.94%
25.90%
6.73%
4.25%
BCH-USD
-28.26%
-28.43%
-3.42%
-1.55%
-1.57%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
ALVOX vs. BCH-USD — Risk-Adjusted Performance Rank
ALVOX
BCH-USD
ALVOX vs. BCH-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alger Capital Appreciation Portfolio (ALVOX) and Bitcoin Cash (BCH-USD). 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.
Drawdowns
ALVOX vs. BCH-USD - Drawdown Comparison
The maximum ALVOX drawdown since its inception was -57.47%, smaller than the maximum BCH-USD drawdown of -98.03%. Use the drawdown chart below to compare losses from any high point for ALVOX and BCH-USD. For additional features, visit the drawdowns tool.
Volatility
ALVOX vs. BCH-USD - Volatility Comparison
The current volatility for Alger Capital Appreciation Portfolio (ALVOX) is 7.16%, while Bitcoin Cash (BCH-USD) has a volatility of 21.43%. This indicates that ALVOX experiences smaller price fluctuations and is considered to be less risky than BCH-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.