APGAX vs. VOO
APGAX (AB Large Cap Growth Fund Class A) and VOO (Vanguard S&P 500 ETF) are both funds - APGAX is a Large Cap Growth Equities fund managed by AllianceBernstein, while VOO is a S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, APGAX returned 16.30%/yr vs 15.77%/yr for VOO. Their correlation of 0.92 suggests significant overlap in exposure. APGAX charges 0.84%/yr vs 0.03%/yr for VOO.
Performance
APGAX vs. VOO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, APGAX achieves a 3.65% return, which is significantly lower than VOO's 9.75% return. Both investments have delivered pretty close results over the past 10 years, with APGAX having a 16.30% annualized return and VOO not far behind at 15.77%.
APGAX
- 1D
- 1.75%
- 1M
- -0.39%
- YTD
- 3.65%
- 6M
- 3.53%
- 1Y
- 15.21%
- 3Y*
- 17.75%
- 5Y*
- 10.12%
- 10Y*
- 16.30%
VOO
- 1D
- -0.29%
- 1M
- 0.08%
- YTD
- 9.75%
- 6M
- 9.30%
- 1Y
- 26.77%
- 3Y*
- 21.36%
- 5Y*
- 13.58%
- 10Y*
- 15.77%
APGAX vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
APGAX AB Large Cap Growth Fund Class A | 3.65% | 12.96% | 25.09% | 34.66% | -28.96% | 28.60% | 34.05% | 33.77% | 1.97% | 31.36% |
VOO Vanguard S&P 500 ETF | 9.75% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Correlation
The correlation between APGAX and VOO is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.93 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.94 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010 | 0.92 |
The correlation between APGAX and VOO has been stable across timeframes, ranging from 0.92 to 0.94 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
APGAX vs. VOO — Risk / Return Rank
APGAX
VOO
APGAX vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AB Large Cap Growth Fund Class A (APGAX) and Vanguard S&P 500 ETF (VOO). 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.
| APGAX | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.22 | ||
| Sortino ratioReturn per unit of downside risk | -1.53 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.39 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 0.93 | 3.02 | -2.09 |
| Martin ratioReturn relative to average drawdown | 3.40 | 13.58 | -10.18 |
Loading charts...
Drawdowns
APGAX vs. VOO - Drawdown Comparison
The maximum APGAX drawdown since its inception was -67.19%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for APGAX and VOO.
Loading charts...
Drawdown Indicators
| APGAX | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.19% | -33.99% | -33.20% |
Max Drawdown (1Y)Largest decline over 1 year | -15.33% | -8.90% | -6.43% |
Max Drawdown (3Y)Largest decline over 3 years | -21.63% | -18.69% | -2.94% |
Max Drawdown (5Y)Largest decline over 5 years | -34.04% | -24.52% | -9.52% |
Max Drawdown (10Y)Largest decline over 10 years | -34.04% | -33.99% | -0.05% |
Current DrawdownCurrent decline from peak | -2.45% | -1.74% | -0.71% |
Average DrawdownAverage peak-to-trough decline | -19.39% | -3.68% | -15.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.20% | 1.98% | +2.22% |
Volatility
APGAX vs. VOO - Volatility Comparison
AB Large Cap Growth Fund Class A (APGAX) has a higher volatility of 5.42% compared to Vanguard S&P 500 ETF (VOO) at 4.60%. This indicates that APGAX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| APGAX | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.42% | 4.60% | +0.82% |
Volatility (6M)Calculated over the trailing 6-month period | 11.83% | 9.73% | +2.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.97% | 12.39% | +2.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.25% | 16.90% | +3.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.71% | 18.05% | +1.66% |
APGAX vs. VOO - Expense Ratio Comparison
APGAX has a 0.84% expense ratio, which is higher than VOO's 0.03% expense ratio.
Dividends
APGAX vs. VOO - Dividend Comparison
APGAX's dividend yield for the trailing twelve months is around 10.91%, more than VOO's 1.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APGAX AB Large Cap Growth Fund Class A | 10.91% | 11.31% | 7.44% | 1.75% | 0.97% | 8.04% | 2.87% | 3.66% | 9.96% | 4.09% | 2.74% | 9.23% |
VOO Vanguard S&P 500 ETF | 1.04% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Frequently Asked Questions
With a correlation of 0.93, APGAX and VOO move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
APGAX has higher volatility (5.42%) compared to VOO (4.60%). In terms of maximum drawdown, APGAX dropped -67.19% vs VOO's -33.99%.
VOO currently has the higher Sharpe Ratio (2.17 vs 0.96), 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.
Find the right allocation for APGAX and VOO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer