AMRGX vs. ALARX
Compare and contrast key facts about American Growth Fund Series One (AMRGX) and Alger Capital Appreciation Institutional Fund (ALARX).
AMRGX is managed by American Growth. It was launched on Jul 31, 1958. ALARX is managed by Alger. It was launched on Nov 8, 1993.
Performance
AMRGX vs. ALARX - Performance Comparison
Loading graphics...
AMRGX vs. ALARX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMRGX American Growth Fund Series One | -1.31% | 11.18% | 16.61% | 24.38% | -19.93% | 15.64% | 18.65% | 36.73% | -9.07% | 13.37% |
ALARX Alger Capital Appreciation Institutional Fund | -14.40% | 31.75% | 49.44% | 42.82% | -36.88% | 18.38% | 41.50% | 33.13% | -0.82% | 31.11% |
Returns By Period
In the year-to-date period, AMRGX achieves a -1.31% return, which is significantly higher than ALARX's -14.40% return. Over the past 10 years, AMRGX has underperformed ALARX with an annualized return of 10.41%, while ALARX has yielded a comparatively higher 16.23% annualized return.
AMRGX
- 1D
- -1.60%
- 1M
- -10.92%
- YTD
- -1.31%
- 6M
- 7.51%
- 1Y
- 16.26%
- 3Y*
- 14.01%
- 5Y*
- 7.34%
- 10Y*
- 10.41%
ALARX
- 1D
- -1.61%
- 1M
- -9.50%
- YTD
- -14.40%
- 6M
- -15.06%
- 1Y
- 28.27%
- 3Y*
- 28.46%
- 5Y*
- 12.22%
- 10Y*
- 16.23%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AMRGX vs. ALARX - Expense Ratio Comparison
AMRGX has a 4.07% expense ratio, which is higher than ALARX's 1.12% expense ratio.
Return for Risk
AMRGX vs. ALARX — Risk / Return Rank
AMRGX
ALARX
AMRGX vs. ALARX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Growth Fund Series One (AMRGX) and Alger Capital Appreciation Institutional Fund (ALARX). 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.
| AMRGX | ALARX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.62 | 1.00 | -0.39 |
Sortino ratioReturn per unit of downside risk | 1.12 | 1.54 | -0.42 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.21 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 0.99 | 1.31 | -0.32 |
Martin ratioReturn relative to average drawdown | 2.37 | 4.41 | -2.04 |
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
| AMRGX | ALARX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.62 | 1.00 | -0.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 0.44 | -0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 0.66 | -0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.10 | 0.46 | -0.36 |
Correlation
The correlation between AMRGX and ALARX is 0.82, 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.
Dividends
AMRGX vs. ALARX - Dividend Comparison
AMRGX's dividend yield for the trailing twelve months is around 18.06%, more than ALARX's 8.16% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMRGX American Growth Fund Series One | 18.06% | 17.82% | 12.39% | 8.17% | 7.77% | 12.21% | 2.36% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ALARX Alger Capital Appreciation Institutional Fund | 8.16% | 6.99% | 13.06% | 8.09% | 3.90% | 19.40% | 16.62% | 10.34% | 12.39% | 6.75% | 0.00% | 7.71% |
Drawdowns
AMRGX vs. ALARX - Drawdown Comparison
The maximum AMRGX drawdown since its inception was -80.32%, which is greater than ALARX's maximum drawdown of -68.32%. Use the drawdown chart below to compare losses from any high point for AMRGX and ALARX.
Loading graphics...
Drawdown Indicators
| AMRGX | ALARX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.32% | -68.32% | -12.00% |
Max Drawdown (1Y)Largest decline over 1 year | -13.98% | -18.65% | +4.67% |
Max Drawdown (5Y)Largest decline over 5 years | -35.42% | -46.86% | +11.44% |
Max Drawdown (10Y)Largest decline over 10 years | -35.42% | -46.86% | +11.44% |
Current DrawdownCurrent decline from peak | -13.98% | -18.65% | +4.67% |
Average DrawdownAverage peak-to-trough decline | -40.45% | -21.07% | -19.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.82% | 5.54% | +0.28% |
Volatility
AMRGX vs. ALARX - Volatility Comparison
The current volatility for American Growth Fund Series One (AMRGX) is 6.18%, while Alger Capital Appreciation Institutional Fund (ALARX) has a volatility of 7.54%. This indicates that AMRGX experiences smaller price fluctuations and is considered to be less risky than ALARX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| AMRGX | ALARX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.18% | 7.54% | -1.36% |
Volatility (6M)Calculated over the trailing 6-month period | 23.49% | 16.53% | +6.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.26% | 27.59% | +0.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.84% | 27.71% | -5.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.30% | 24.65% | -3.35% |