AMGOX vs. BBMIX

Last updated Jun 24, 2026

AMGOX (Alger Mid Cap Growth Portfolio Fund) and BBMIX (BBH Select Series - Mid Cap Fund) are both Mid Cap Growth Equities funds. Over the past 5 years, AMGOX returned 3.50%/yr vs 2.80%/yr for BBMIX. A 0.78 correlation means they provide meaningful diversification when combined. AMGOX charges 0.92%/yr vs 0.90%/yr for BBMIX.

Performance

AMGOX vs. BBMIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alger Mid Cap Growth Portfolio Fund (AMGOX) and BBH Select Series - Mid Cap Fund (BBMIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AMGOX achieves a 8.48% return, which is significantly higher than BBMIX's 2.86% return.

AMGOX

• 1D: -0.54%
• 1M: 7.04%
• YTD: 8.48%
• 6M: 6.78%
• 1Y: 20.19%
• 3Y*: 18.09%
• 5Y*: 3.50%
• 10Y*: 13.17%

BBMIX

• 1D: 0.00%
• 1M: 0.00%
• YTD: 2.86%
• 6M: 2.86%
• 1Y: -1.46%
• 3Y*: 6.50%
• 5Y*: 2.80%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AMGOX vs. BBMIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
AMGOX Alger Mid Cap Growth Portfolio Fund	8.48%	16.76%	21.07%	23.17%	-36.14%	7.98%
BBMIX BBH Select Series - Mid Cap Fund	2.86%	-6.45%	11.41%	26.01%	-24.76%	13.50%

Correlation

The correlation between AMGOX and BBMIX is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (5Y) Calculated over the trailing 5-year period	0.79
Correlation (All Time) Calculated using the full available price history since May 24, 2021	0.78

Over the past year, the correlation between AMGOX and BBMIX has dropped to 0.35 - well below their long-term average of 0.78, suggesting their price drivers have been diverging.

Return for Risk

AMGOX vs. BBMIX — Risk / Return Rank

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

AMGOX

AMGOX Risk / Return Rank: 17
AMGOX Sharpe Ratio Rank: 17
AMGOX Sortino Ratio Rank: 17
AMGOX Omega Ratio Rank: 16
AMGOX Calmar Ratio Rank: 16
AMGOX Martin Ratio Rank: 17

BBMIX

BBMIX Risk / Return Rank: 3
BBMIX Sharpe Ratio Rank: 3
BBMIX Sortino Ratio Rank: 3
BBMIX Omega Ratio Rank: 3
BBMIX Calmar Ratio Rank: 3
BBMIX Martin Ratio Rank: 3

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AMGOX vs. BBMIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alger Mid Cap Growth Portfolio Fund (AMGOX) and BBH Select Series - Mid Cap Fund (BBMIX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AMGOX	BBMIX	Difference
Sharpe ratio: Return per unit of total volatility	1.07	-0.01	+1.08
Sortino ratio: Return per unit of downside risk	1.60	0.07	+1.53
Omega ratio: Gain probability vs. loss probability	1.19	1.01	+0.18
Calmar ratio: Return relative to maximum drawdown	1.32	-0.01	+1.33
Martin ratio: Return relative to average drawdown	4.20	-0.02	+4.22

AMGOX vs. BBMIX - Sharpe Ratio Comparison

The current AMGOX Sharpe Ratio is 1.07, which is higher than the BBMIX Sharpe Ratio of -0.01. The chart below compares the historical Sharpe Ratios of AMGOX and BBMIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AMGOX vs. BBMIX - Drawdown Comparison

The maximum AMGOX drawdown since its inception was -68.10%, which is greater than BBMIX's maximum drawdown of -28.90%. Use the drawdown chart below to compare losses from any high point for AMGOX and BBMIX.

Drawdown Indicators

	AMGOX	BBMIX	Difference
Max Drawdown Largest peak-to-trough decline	-68.10%	-28.90%	-39.20%
Max Drawdown (1Y) Largest decline over 1 year	-16.25%	-8.89%	-7.36%
Max Drawdown (3Y) Largest decline over 3 years	-27.34%	-23.79%	-3.55%
Max Drawdown (5Y) Largest decline over 5 years	-59.22%	-28.90%	-30.32%
Max Drawdown (10Y) Largest decline over 10 years	-59.22%	—	—
Current Drawdown Current decline from peak	-19.66%	-11.28%	-8.38%
Average Drawdown Average peak-to-trough decline	-17.71%	-10.51%	-7.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.10%	5.30%	-0.20%

Volatility

AMGOX vs. BBMIX - Volatility Comparison

Alger Mid Cap Growth Portfolio Fund (AMGOX) has a higher volatility of 6.87% compared to BBH Select Series - Mid Cap Fund (BBMIX) at 0.00%. This indicates that AMGOX's price experiences larger fluctuations and is considered to be riskier than BBMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AMGOX	BBMIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.87%	0.00%	+6.87%
Volatility (6M) Calculated over the trailing 6-month period	15.69%	6.04%	+9.65%
Volatility (1Y) Calculated over the trailing 1-year period	20.03%	11.14%	+8.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.51%	19.70%	+19.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.19%	19.57%	+12.62%

AMGOX vs. BBMIX - Expense Ratio Comparison

AMGOX has a 0.92% expense ratio, which is higher than BBMIX's 0.90% expense ratio.

Dividends

AMGOX vs. BBMIX - Dividend Comparison

Neither AMGOX nor BBMIX has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
AMGOX Alger Mid Cap Growth Portfolio Fund	0.00%	0.00%	0.00%	0.00%	3.72%	55.13%	12.13%	12.09%	18.59%
BBMIX BBH Select Series - Mid Cap Fund	0.00%	0.00%	0.32%	0.10%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AMGOX and BBMIX in my portfolio?

AMGOX and BBMIX have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AMGOX or BBMIX?

AMGOX has higher volatility (6.87%) compared to BBMIX (0.00%). In terms of maximum drawdown, AMGOX dropped -68.10% vs BBMIX's -28.90%.

Which has better risk-adjusted returns?

AMGOX currently has the higher Sharpe Ratio (1.07 vs -0.01), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.