APGZX vs. AGRFX
APGZX (AB Large Cap Growth Fund Class Z) and AGRFX (AB Growth Fund) are both Large Cap Growth Equities funds from AllianceBernstein. Over the past 10 years, APGZX returned 16.76%/yr vs 16.76%/yr for AGRFX. With a 0.99 correlation, they move nearly in lockstep. APGZX charges 0.52%/yr vs 1.12%/yr for AGRFX.
Performance
APGZX vs. AGRFX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, APGZX achieves a 2.21% return, which is significantly lower than AGRFX's 4.80% return. Over a longer period, both investments have demonstrated similar performance, with their 10-year annualized returns being quite close: APGZX at 16.76% and AGRFX at 16.76%.
APGZX
- 1D
- -1.55%
- 1M
- -1.92%
- YTD
- 2.21%
- 6M
- 1.40%
- 1Y
- 12.60%
- 3Y*
- 17.83%
- 5Y*
- 9.77%
- 10Y*
- 16.76%
AGRFX
- 1D
- -1.20%
- 1M
- -1.01%
- YTD
- 4.80%
- 6M
- 3.74%
- 1Y
- 14.70%
- 3Y*
- 20.11%
- 5Y*
- 10.49%
- 10Y*
- 16.76%
APGZX vs. AGRFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
APGZX AB Large Cap Growth Fund Class Z | 2.21% | 13.26% | 25.47% | 35.12% | -28.74% | 29.00% | 34.47% | 34.24% | 2.30% | 31.81% |
AGRFX AB Growth Fund | 4.80% | 10.84% | 31.50% | 37.95% | -29.65% | 21.40% | 35.97% | 31.11% | 3.75% | 33.88% |
Correlation
The correlation between APGZX and AGRFX is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.98 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.99 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.99 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.99 |
The correlation between APGZX and AGRFX has been stable across timeframes, ranging from 0.98 to 0.99 - 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
APGZX vs. AGRFX — Risk / Return Rank
APGZX
AGRFX
APGZX vs. AGRFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AB Large Cap Growth Fund Class Z (APGZX) and AB Growth Fund (AGRFX). 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.
| APGZX | AGRFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.06 | ||
| Sortino ratioReturn per unit of downside risk | -0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.18 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.91 | 1.00 | -0.09 |
| Martin ratioReturn relative to average drawdown | 3.32 | 3.52 | -0.20 |
Loading charts...
Drawdowns
APGZX vs. AGRFX - Drawdown Comparison
The maximum APGZX drawdown since its inception was -33.87%, smaller than the maximum AGRFX drawdown of -61.88%. Use the drawdown chart below to compare losses from any high point for APGZX and AGRFX.
Loading charts...
Drawdown Indicators
| APGZX | AGRFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.87% | -61.88% | +28.01% |
Max Drawdown (1Y)Largest decline over 1 year | -15.21% | -15.92% | +0.71% |
Max Drawdown (3Y)Largest decline over 3 years | -21.57% | -22.08% | +0.51% |
Max Drawdown (5Y)Largest decline over 5 years | -33.87% | -35.21% | +1.34% |
Max Drawdown (10Y)Largest decline over 10 years | -33.87% | -35.21% | +1.34% |
Current DrawdownCurrent decline from peak | -3.96% | -3.39% | -0.57% |
Average DrawdownAverage peak-to-trough decline | -6.01% | -15.74% | +9.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.15% | 4.50% | -0.35% |
Volatility
APGZX vs. AGRFX - Volatility Comparison
AB Large Cap Growth Fund Class Z (APGZX) and AB Growth Fund (AGRFX) have volatilities of 5.48% and 5.70%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| APGZX | AGRFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.48% | 5.70% | -0.22% |
Volatility (6M)Calculated over the trailing 6-month period | 11.85% | 12.77% | -0.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.06% | 16.29% | -1.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.26% | 20.95% | -0.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.73% | 20.53% | -0.80% |
APGZX vs. AGRFX - Expense Ratio Comparison
APGZX has a 0.52% expense ratio, which is lower than AGRFX's 1.12% expense ratio.
Dividends
APGZX vs. AGRFX - Dividend Comparison
APGZX's dividend yield for the trailing twelve months is around 9.56%, less than AGRFX's 15.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGRFX AB Growth Fund | 15.63% | 16.37% | 21.03% | 7.20% | 1.69% | 9.79% | 5.79% | 7.80% | 16.01% | 9.33% | 1.03% | 9.76% |
APGZX AB Large Cap Growth Fund Class Z | 9.56% | 9.77% | 6.62% | 1.69% | 0.87% | 7.19% | 2.60% | 3.49% | 9.11% | 3.78% | 2.72% | 0.00% |
Frequently Asked Questions
With a correlation of 0.98, APGZX and AGRFX 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.
AGRFX has higher volatility (5.70%) compared to APGZX (5.48%). In terms of maximum drawdown, APGZX dropped -33.87% vs AGRFX's -61.88%.
AGRFX currently has the higher Sharpe Ratio (0.98 vs 0.92), 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 APGZX and AGRFX
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