AOFIX vs. IWO

In the year-to-date period, AOFIX achieves a -15.16% return, which is significantly lower than IWO's -8.68% return. Over the past 10 years, AOFIX has underperformed IWO with an annualized return of 5.22%, while IWO has yielded a comparatively higher 6.55% annualized return.

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AOFIX has a 1.14% expense ratio, which is higher than IWO's 0.24% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Alger Small Cap Focus Fund (AOFIX) and iShares Russell 2000 Growth ETF (IWO). 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.

The current AOFIX Sharpe Ratio is -0.18, which is lower than the IWO Sharpe Ratio of 0.07. The chart below compares the historical Sharpe Ratios of AOFIX and IWO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

AOFIX has not paid dividends to shareholders, while IWO's dividend yield for the trailing twelve months is around 0.89%.

The maximum AOFIX drawdown since its inception was -60.19%, roughly equal to the maximum IWO drawdown of -60.10%. Use the drawdown chart below to compare losses from any high point for AOFIX and IWO. For additional features, visit the drawdowns tool.

Alger Small Cap Focus Fund (AOFIX) has a higher volatility of 13.43% compared to iShares Russell 2000 Growth ETF (IWO) at 11.77%. This indicates that AOFIX's price experiences larger fluctuations and is considered to be riskier than IWO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.