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AOFIX vs. VIGAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


AOFIXVIGAX
YTD Return4.16%21.39%
1Y Return6.25%28.98%
3Y Return (Ann)-13.83%9.75%
5Y Return (Ann)-2.05%18.53%
10Y Return (Ann)7.03%15.41%
Sharpe Ratio0.311.92
Daily Std Dev21.97%15.57%
Max Drawdown-60.19%-50.66%
Current Drawdown-47.58%-3.98%

Correlation

-0.50.00.51.00.8

The correlation between AOFIX and VIGAX is 0.84, 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

AOFIX vs. VIGAX - Performance Comparison

In the year-to-date period, AOFIX achieves a 4.16% return, which is significantly lower than VIGAX's 21.39% return. Over the past 10 years, AOFIX has underperformed VIGAX with an annualized return of 7.03%, while VIGAX has yielded a comparatively higher 15.41% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


200.00%300.00%400.00%500.00%600.00%700.00%FebruaryMarchAprilMayJuneJuly
179.11%
690.38%
AOFIX
VIGAX

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Alger Small Cap Focus Fund

Vanguard Growth Index Fund Admiral Shares

AOFIX vs. VIGAX - Expense Ratio Comparison

AOFIX has a 1.14% expense ratio, which is higher than VIGAX's 0.05% expense ratio.


AOFIX
Alger Small Cap Focus Fund
Expense ratio chart for AOFIX: current value at 1.14% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.14%
Expense ratio chart for VIGAX: current value at 0.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.05%

Risk-Adjusted Performance

AOFIX vs. VIGAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Alger Small Cap Focus Fund (AOFIX) and Vanguard Growth Index Fund Admiral Shares (VIGAX). 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.


AOFIX
Sharpe ratio
The chart of Sharpe ratio for AOFIX, currently valued at 0.31, compared to the broader market-1.000.001.002.003.004.005.000.31
Sortino ratio
The chart of Sortino ratio for AOFIX, currently valued at 0.59, compared to the broader market0.005.0010.000.59
Omega ratio
The chart of Omega ratio for AOFIX, currently valued at 1.07, compared to the broader market1.002.003.004.001.07
Calmar ratio
The chart of Calmar ratio for AOFIX, currently valued at 0.11, compared to the broader market0.005.0010.0015.0020.000.11
Martin ratio
The chart of Martin ratio for AOFIX, currently valued at 0.91, compared to the broader market0.0020.0040.0060.0080.00100.000.91
VIGAX
Sharpe ratio
The chart of Sharpe ratio for VIGAX, currently valued at 1.92, compared to the broader market-1.000.001.002.003.004.005.001.92
Sortino ratio
The chart of Sortino ratio for VIGAX, currently valued at 2.62, compared to the broader market0.005.0010.002.62
Omega ratio
The chart of Omega ratio for VIGAX, currently valued at 1.34, compared to the broader market1.002.003.004.001.34
Calmar ratio
The chart of Calmar ratio for VIGAX, currently valued at 1.60, compared to the broader market0.005.0010.0015.0020.001.60
Martin ratio
The chart of Martin ratio for VIGAX, currently valued at 9.42, compared to the broader market0.0020.0040.0060.0080.00100.009.42

AOFIX vs. VIGAX - Sharpe Ratio Comparison

The current AOFIX Sharpe Ratio is 0.31, which is lower than the VIGAX Sharpe Ratio of 1.92. The chart below compares the 12-month rolling Sharpe Ratio of AOFIX and VIGAX.


Rolling 12-month Sharpe Ratio0.001.002.003.00FebruaryMarchAprilMayJuneJuly
0.31
1.92
AOFIX
VIGAX

Dividends

AOFIX vs. VIGAX - Dividend Comparison

AOFIX has not paid dividends to shareholders, while VIGAX's dividend yield for the trailing twelve months is around 0.49%.


TTM20232022202120202019201820172016201520142013
AOFIX
Alger Small Cap Focus Fund
0.00%0.00%0.00%6.94%0.00%2.36%0.85%0.00%0.00%0.00%8.98%0.00%
VIGAX
Vanguard Growth Index Fund Admiral Shares
0.49%0.57%0.69%0.47%0.66%0.94%1.31%1.14%1.39%1.31%1.21%1.19%

Drawdowns

AOFIX vs. VIGAX - Drawdown Comparison

The maximum AOFIX drawdown since its inception was -60.19%, which is greater than VIGAX's maximum drawdown of -50.66%. Use the drawdown chart below to compare losses from any high point for AOFIX and VIGAX. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%FebruaryMarchAprilMayJuneJuly
-47.58%
-3.98%
AOFIX
VIGAX

Volatility

AOFIX vs. VIGAX - Volatility Comparison

Alger Small Cap Focus Fund (AOFIX) has a higher volatility of 5.88% compared to Vanguard Growth Index Fund Admiral Shares (VIGAX) at 4.82%. This indicates that AOFIX's price experiences larger fluctuations and is considered to be riskier than VIGAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%FebruaryMarchAprilMayJuneJuly
5.88%
4.82%
AOFIX
VIGAX