ALZFX vs. MRFOX
Compare and contrast key facts about Alger Focus Equity Fund Class Z (ALZFX) and Marshfield Concentrated Opportunity Fund (MRFOX).
ALZFX is an actively managed fund by Alger. It was launched on Nov 8, 1993. MRFOX is managed by Marshfield. It was launched on Dec 29, 2015.
Performance
ALZFX vs. MRFOX - Performance Comparison
Loading graphics...
ALZFX vs. MRFOX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALZFX Alger Focus Equity Fund Class Z | -9.33% | 40.08% | 52.22% | 44.63% | -35.75% | 20.37% | 46.19% | 34.29% | 1.68% | 29.12% |
MRFOX Marshfield Concentrated Opportunity Fund | -2.97% | 10.05% | 17.10% | 17.68% | 5.06% | 17.71% | 15.19% | 36.26% | 1.89% | 25.92% |
Returns By Period
In the year-to-date period, ALZFX achieves a -9.33% return, which is significantly lower than MRFOX's -2.97% return. Over the past 10 years, ALZFX has outperformed MRFOX with an annualized return of 19.19%, while MRFOX has yielded a comparatively lower 15.31% annualized return.
ALZFX
- 1D
- 4.93%
- 1M
- -4.33%
- YTD
- -9.33%
- 6M
- -10.26%
- 1Y
- 41.15%
- 3Y*
- 34.55%
- 5Y*
- 15.64%
- 10Y*
- 19.19%
MRFOX
- 1D
- 1.16%
- 1M
- -4.29%
- YTD
- -2.97%
- 6M
- -3.36%
- 1Y
- 3.66%
- 3Y*
- 12.79%
- 5Y*
- 10.99%
- 10Y*
- 15.31%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ALZFX vs. MRFOX - Expense Ratio Comparison
ALZFX has a 0.63% expense ratio, which is lower than MRFOX's 1.05% expense ratio.
Return for Risk
ALZFX vs. MRFOX — Risk / Return Rank
ALZFX
MRFOX
ALZFX vs. MRFOX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alger Focus Equity Fund Class Z (ALZFX) and Marshfield Concentrated Opportunity Fund (MRFOX). 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.
| ALZFX | MRFOX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.58 | 0.33 | +1.25 |
Sortino ratioReturn per unit of downside risk | 2.22 | 0.57 | +1.65 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.07 | +0.23 |
Calmar ratioReturn relative to maximum drawdown | 2.43 | 0.68 | +1.75 |
Martin ratioReturn relative to average drawdown | 8.21 | 1.75 | +6.46 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| ALZFX | MRFOX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.58 | 0.33 | +1.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 0.92 | -0.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.81 | 1.07 | -0.27 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.83 | 1.06 | -0.24 |
Correlation
The correlation between ALZFX and MRFOX is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
ALZFX vs. MRFOX - Dividend Comparison
ALZFX's dividend yield for the trailing twelve months is around 8.31%, more than MRFOX's 1.67% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
ALZFX Alger Focus Equity Fund Class Z | 8.31% | 7.53% | 0.00% | 0.12% | 0.10% | 13.63% | 6.16% | 2.21% | 5.55% | 0.00% | 0.00% |
MRFOX Marshfield Concentrated Opportunity Fund | 1.67% | 1.62% | 4.59% | 0.46% | 0.35% | 6.78% | 2.68% | 1.39% | 1.94% | 2.06% | 0.60% |
Drawdowns
ALZFX vs. MRFOX - Drawdown Comparison
The maximum ALZFX drawdown since its inception was -43.22%, which is greater than MRFOX's maximum drawdown of -29.10%. Use the drawdown chart below to compare losses from any high point for ALZFX and MRFOX.
Loading graphics...
Drawdown Indicators
| ALZFX | MRFOX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.22% | -29.10% | -14.12% |
Max Drawdown (1Y)Largest decline over 1 year | -17.45% | -7.09% | -10.36% |
Max Drawdown (5Y)Largest decline over 5 years | -43.22% | -12.98% | -30.24% |
Max Drawdown (10Y)Largest decline over 10 years | -43.22% | -29.10% | -14.12% |
Current DrawdownCurrent decline from peak | -13.38% | -5.32% | -8.06% |
Average DrawdownAverage peak-to-trough decline | -7.60% | -2.37% | -5.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.16% | 2.77% | +2.39% |
Volatility
ALZFX vs. MRFOX - Volatility Comparison
Alger Focus Equity Fund Class Z (ALZFX) has a higher volatility of 9.21% compared to Marshfield Concentrated Opportunity Fund (MRFOX) at 3.04%. This indicates that ALZFX's price experiences larger fluctuations and is considered to be riskier than MRFOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| ALZFX | MRFOX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.21% | 3.04% | +6.17% |
Volatility (6M)Calculated over the trailing 6-month period | 17.06% | 7.08% | +9.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.50% | 11.83% | +15.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.07% | 12.04% | +14.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.85% | 14.29% | +9.56% |