APGZX vs. TVRIX

Last updated Apr 1, 2026

Compare and contrast key facts about AB Large Cap Growth Fund Class Z (APGZX) and Guggenheim Directional Allocation Fund (TVRIX).

APGZX is managed by AllianceBernstein. It was launched on Jul 1, 2015. TVRIX is managed by Guggenheim. It was launched on Jun 18, 2012.

Performance

APGZX vs. TVRIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AB Large Cap Growth Fund Class Z (APGZX) and Guggenheim Directional Allocation Fund (TVRIX). The values are adjusted to include any dividend payments, if applicable.

APGZX vs. TVRIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
APGZX AB Large Cap Growth Fund Class Z	-12.76%	13.26%	25.47%	35.12%	-28.74%	29.00%	34.47%	34.24%	2.30%	31.81%
TVRIX Guggenheim Directional Allocation Fund	-7.13%	13.83%	7.87%	11.00%	-17.53%	27.30%	5.08%	30.45%	-7.53%	23.45%

Returns By Period

In the year-to-date period, APGZX achieves a -12.76% return, which is significantly lower than TVRIX's -7.13% return. Over the past 10 years, APGZX has outperformed TVRIX with an annualized return of 14.52%, while TVRIX has yielded a comparatively lower 8.46% annualized return.

APGZX

• 1D: -0.10%
• 1M: -10.09%
• YTD: -12.76%
• 6M: -12.55%
• 1Y: 7.79%
• 3Y*: 14.45%
• 5Y*: 8.77%
• 10Y*: 14.52%

TVRIX

• 1D: -0.65%
• 1M: -6.83%
• YTD: -7.13%
• 6M: -4.50%
• 1Y: 9.48%
• 3Y*: 7.90%
• 5Y*: 4.51%
• 10Y*: 8.46%

*Multi-year figures are annualized to reflect compound growth (CAGR)

APGZX vs. TVRIX - Expense Ratio Comparison

APGZX has a 0.52% expense ratio, which is lower than TVRIX's 1.09% expense ratio.

TVRIX

Guggenheim Directional Allocation Fund

APGZX

AB Large Cap Growth Fund Class Z

Return for Risk

APGZX vs. TVRIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

APGZX

APGZX Risk / Return Rank: 15
APGZX Sharpe Ratio Rank: 16
APGZX Sortino Ratio Rank: 17
APGZX Omega Ratio Rank: 17
APGZX Calmar Ratio Rank: 13
APGZX Martin Ratio Rank: 14

TVRIX

TVRIX Risk / Return Rank: 36
TVRIX Sharpe Ratio Rank: 35
TVRIX Sortino Ratio Rank: 34
TVRIX Omega Ratio Rank: 33
TVRIX Calmar Ratio Rank: 37
TVRIX Martin Ratio Rank: 41

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

APGZX vs. TVRIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AB Large Cap Growth Fund Class Z (APGZX) and Guggenheim Directional Allocation Fund (TVRIX). 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.

	APGZX	TVRIX	Difference
Sharpe ratio Return per unit of total volatility	0.40	0.80	-0.39
Sortino ratio Return per unit of downside risk	0.73	1.18	-0.45
Omega ratio Gain probability vs. loss probability	1.10	1.17	-0.07
Calmar ratio Return relative to maximum drawdown	0.34	1.01	-0.67
Martin ratio Return relative to average drawdown	1.34	4.24	-2.90
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

APGZX vs. TVRIX - Sharpe Ratio Comparison

The current APGZX Sharpe Ratio is 0.40, which is lower than the TVRIX Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of APGZX and TVRIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	APGZX	TVRIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.40	0.80	-0.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.44	0.31	+0.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.74	0.48	+0.27
Sharpe Ratio (All Time) Calculated using the full available price history	0.73	0.54	+0.20

Correlation

The correlation between APGZX and TVRIX is 0.83, 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.

Dividends

APGZX vs. TVRIX - Dividend Comparison

APGZX's dividend yield for the trailing twelve months is around 11.19%, more than TVRIX's 10.38% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
APGZX AB Large Cap Growth Fund Class Z	11.19%	9.77%	6.62%	1.69%	0.87%	7.19%	2.60%	3.49%	9.11%	3.78%	2.72%
TVRIX Guggenheim Directional Allocation Fund	10.38%	9.64%	0.00%	2.03%	0.71%	14.34%	0.30%	16.62%	14.33%	0.00%	0.00%

Drawdowns

APGZX vs. TVRIX - Drawdown Comparison

The maximum APGZX drawdown since its inception was -33.87%, smaller than the maximum TVRIX drawdown of -39.36%. Use the drawdown chart below to compare losses from any high point for APGZX and TVRIX.

Drawdown Indicators

	APGZX	TVRIX	Difference
Max Drawdown Largest peak-to-trough decline	-33.87%	-39.36%	+5.49%
Max Drawdown (1Y) Largest decline over 1 year	-15.21%	-8.45%	-6.76%
Max Drawdown (5Y) Largest decline over 5 years	-33.87%	-24.87%	-9.00%
Max Drawdown (10Y) Largest decline over 10 years	-33.87%	-39.36%	+5.49%
Current Drawdown Current decline from peak	-15.21%	-11.36%	-3.85%
Average Drawdown Average peak-to-trough decline	-6.08%	-6.10%	+0.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.90%	2.02%	+1.88%

Volatility

APGZX vs. TVRIX - Volatility Comparison

AB Large Cap Growth Fund Class Z (APGZX) has a higher volatility of 5.13% compared to Guggenheim Directional Allocation Fund (TVRIX) at 3.48%. This indicates that APGZX's price experiences larger fluctuations and is considered to be riskier than TVRIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	APGZX	TVRIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.13%	3.48%	+1.65%
Volatility (6M) Calculated over the trailing 6-month period	10.81%	7.45%	+3.36%
Volatility (1Y) Calculated over the trailing 1-year period	19.91%	12.40%	+7.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.12%	14.42%	+5.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.60%	17.79%	+1.81%