AOFIX vs. VIGAX
Compare and contrast key facts about Alger Small Cap Focus Fund (AOFIX) and Vanguard Growth Index Fund Admiral Shares (VIGAX).
AOFIX is managed by Alger. It was launched on Mar 3, 2008. VIGAX is managed by Vanguard. It was launched on Nov 13, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AOFIX or VIGAX.
Key characteristics
| AOFIX | VIGAX | |
|---|---|---|
| YTD Return | 8.71% | 26.62% |
| 1Y Return | 29.95% | 43.95% |
| 3Y Return (Ann) | -13.81% | 9.23% |
| 5Y Return (Ann) | 0.65% | 19.34% |
| 10Y Return (Ann) | 7.69% | 15.93% |
| Sharpe Ratio | 1.22 | 2.52 |
| Sortino Ratio | 1.78 | 3.24 |
| Omega Ratio | 1.21 | 1.45 |
| Calmar Ratio | 0.47 | 2.29 |
| Martin Ratio | 5.87 | 12.94 |
| Ulcer Index | 4.83% | 3.31% |
| Daily Std Dev | 23.14% | 16.98% |
| Max Drawdown | -60.19% | -50.66% |
| Current Drawdown | -45.29% | 0.00% |
Correlation
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 8.71% return, which is significantly lower than VIGAX's 26.62% return. Over the past 10 years, AOFIX has underperformed VIGAX with an annualized return of 7.69%, while VIGAX has yielded a comparatively higher 15.93% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AOFIX vs. VIGAX - Expense Ratio Comparison
AOFIX has a 1.14% expense ratio, which is higher than VIGAX's 0.05% expense ratio.
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.
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%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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.
Volatility
AOFIX vs. VIGAX - Volatility Comparison
Alger Small Cap Focus Fund (AOFIX) has a higher volatility of 4.97% compared to Vanguard Growth Index Fund Admiral Shares (VIGAX) at 3.27%. 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.