AQLGX vs. BPTRX

Last updated Jun 4, 2026

AQLGX (Alta Quality Growth Fund) and BPTRX (Baron Partners Fund) are both Large Cap Growth Equities funds. A 0.69 correlation means they provide meaningful diversification when combined. AQLGX charges 1.18%/yr vs 1.36%/yr for BPTRX.

Performance

AQLGX vs. BPTRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alta Quality Growth Fund (AQLGX) and Baron Partners Fund (BPTRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AQLGX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BPTRX

• 1D: -1.21%
• 1M: 4.90%
• YTD: -0.19%
• 6M: 19.80%
• 1Y: 31.83%
• 3Y*: 22.85%
• 5Y*: 13.31%
• 10Y*: 24.08%

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

AQLGX vs. BPTRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
AQLGX Alta Quality Growth Fund	0.00%	8.35%	13.01%	30.70%	-29.35%	20.05%	20.21%	34.04%	2.12%
BPTRX Baron Partners Fund	-0.19%	24.54%	32.75%	43.09%	-42.53%	31.35%	148.81%	44.99%	4.21%

Correlation

The correlation between AQLGX and BPTRX is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (3Y) Calculated over the trailing 3-year period	0.57
Correlation (5Y) Calculated over the trailing 5-year period	0.67
Correlation (All Time) Calculated using the full available price history since Dec 21, 2018	0.69

Over the past year, the correlation between AQLGX and BPTRX has dropped to 0.38 - well below their long-term average of 0.69, suggesting their price drivers have been diverging.

Return for Risk

AQLGX vs. BPTRX — Risk / Return Rank

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

BPTRX

BPTRX Risk / Return Rank: 35
BPTRX Sharpe Ratio Rank: 17
BPTRX Sortino Ratio Rank: 34
BPTRX Omega Ratio Rank: 30
BPTRX Calmar Ratio Rank: 62
BPTRX Martin Ratio Rank: 32

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.

AQLGX vs. BPTRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alta Quality Growth Fund (AQLGX) and Baron Partners Fund (BPTRX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	AQLGX	BPTRX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.18	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.40	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.74	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.55	—

Drawdowns

Drawdown Indicators

	AQLGX	BPTRX	Difference
Max Drawdown Largest peak-to-trough decline	—	-64.11%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-10.71%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-33.34%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-49.87%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-51.26%	—
Current Drawdown Current decline from peak	—	-3.63%	—
Average Drawdown Average peak-to-trough decline	—	-13.78%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.41%	—

Volatility

Volatility by Period

	AQLGX	BPTRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.43%	—
Volatility (6M) Calculated over the trailing 6-month period	—	21.24%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	27.58%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	33.62%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	32.70%	—

AQLGX vs. BPTRX - Expense Ratio Comparison

AQLGX has a 1.18% expense ratio, which is lower than BPTRX's 1.36% expense ratio.

Dividends

AQLGX vs. BPTRX - Dividend Comparison

AQLGX's dividend yield for the trailing twelve months is around 85.67%, more than BPTRX's 3.37% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AQLGX Alta Quality Growth Fund	85.67%	85.67%	9.23%	0.11%	6.55%	1.90%	0.05%	2.83%	0.00%	0.00%	0.00%	0.00%
BPTRX Baron Partners Fund	3.37%	3.36%	0.76%	0.00%	3.19%	7.72%	3.67%	0.26%	0.00%	0.00%	0.00%	0.35%

Frequently Asked Questions

Can I hold both AQLGX and BPTRX in my portfolio?

AQLGX and BPTRX have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.