ALVOX vs. TBCIX
Compare and contrast key facts about Alger Capital Appreciation Portfolio (ALVOX) and T. Rowe Price Blue Chip Growth Fund I Class (TBCIX).
ALVOX is managed by Alger. It was launched on Jan 25, 1995. TBCIX is managed by T. Rowe Price.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALVOX or TBCIX.
Key characteristics
| ALVOX | TBCIX | |
|---|---|---|
| YTD Return | 13.07% | 11.00% |
| 1Y Return | 42.21% | 41.19% |
| 3Y Return (Ann) | 4.52% | 3.89% |
| 5Y Return (Ann) | 13.85% | 11.77% |
| Sharpe Ratio | 2.41 | 2.35 |
| Daily Std Dev | 17.20% | 17.31% |
| Max Drawdown | -55.11% | -43.56% |
| Current Drawdown | -4.26% | -3.54% |
Correlation
The correlation between ALVOX and TBCIX is 0.97, 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
ALVOX vs. TBCIX - Performance Comparison
In the year-to-date period, ALVOX achieves a 13.07% return, which is significantly higher than TBCIX's 11.00% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ALVOX vs. TBCIX - Expense Ratio Comparison
ALVOX has a 0.91% expense ratio, which is higher than TBCIX's 0.56% expense ratio.
Risk-Adjusted Performance
ALVOX vs. TBCIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alger Capital Appreciation Portfolio (ALVOX) and T. Rowe Price Blue Chip Growth Fund I Class (TBCIX). 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.
Dividends
ALVOX vs. TBCIX - Dividend Comparison
ALVOX has not paid dividends to shareholders, while TBCIX's dividend yield for the trailing twelve months is around 3.13%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALVOX Alger Capital Appreciation Portfolio | 0.00% | 0.00% | 9.84% | 25.94% | 14.64% | 12.19% | 21.59% | 6.47% | 0.98% | 12.50% | 17.11% | 11.76% |
TBCIX T. Rowe Price Blue Chip Growth Fund I Class | 3.13% | 3.47% | 5.84% | 9.51% | 1.18% | 0.59% | 2.50% | 3.05% | 0.81% | 0.00% | 0.00% | 0.00% |
Drawdowns
ALVOX vs. TBCIX - Drawdown Comparison
The maximum ALVOX drawdown since its inception was -55.11%, which is greater than TBCIX's maximum drawdown of -43.56%. Use the drawdown chart below to compare losses from any high point for ALVOX and TBCIX. For additional features, visit the drawdowns tool.
Volatility
ALVOX vs. TBCIX - Volatility Comparison
Alger Capital Appreciation Portfolio (ALVOX) has a higher volatility of 7.06% compared to T. Rowe Price Blue Chip Growth Fund I Class (TBCIX) at 5.88%. This indicates that ALVOX's price experiences larger fluctuations and is considered to be riskier than TBCIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.