ATESX vs. SPEDX
Compare and contrast key facts about Anchor Risk Managed Equity Strategies Fund (ATESX) and Alger Dynamic Opportunities Fund (SPEDX).
ATESX is managed by BlackRock. It was launched on Sep 5, 2016. SPEDX is managed by Alger. It was launched on Nov 1, 2009.
Performance
ATESX vs. SPEDX - Performance Comparison
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ATESX vs. SPEDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ATESX Anchor Risk Managed Equity Strategies Fund | -1.11% | 5.56% | 7.21% | 8.12% | -9.25% | 11.06% | 18.02% | 20.31% | 3.72% | 16.12% |
SPEDX Alger Dynamic Opportunities Fund | -7.22% | 6.22% | 23.03% | 4.24% | -13.90% | 3.96% | 47.30% | 12.79% | -2.32% | 8.83% |
Returns By Period
In the year-to-date period, ATESX achieves a -1.11% return, which is significantly higher than SPEDX's -7.22% return.
ATESX
- 1D
- 0.00%
- 1M
- 0.40%
- YTD
- -1.11%
- 6M
- -3.80%
- 1Y
- 8.95%
- 3Y*
- 5.81%
- 5Y*
- 4.36%
- 10Y*
- —
SPEDX
- 1D
- -0.24%
- 1M
- -2.74%
- YTD
- -7.22%
- 6M
- -8.54%
- 1Y
- 4.09%
- 3Y*
- 8.27%
- 5Y*
- 1.91%
- 10Y*
- 7.51%
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ATESX vs. SPEDX - Expense Ratio Comparison
ATESX has a 2.10% expense ratio, which is higher than SPEDX's 0.91% expense ratio.
Return for Risk
ATESX vs. SPEDX — Risk / Return Rank
ATESX
SPEDX
ATESX vs. SPEDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Anchor Risk Managed Equity Strategies Fund (ATESX) and Alger Dynamic Opportunities Fund (SPEDX). 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.
| ATESX | SPEDX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.93 | 0.39 | +0.54 |
Sortino ratioReturn per unit of downside risk | 1.27 | 0.60 | +0.67 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.07 | +0.11 |
Calmar ratioReturn relative to maximum drawdown | 1.05 | 0.41 | +0.64 |
Martin ratioReturn relative to average drawdown | 2.26 | 1.26 | +1.00 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ATESX | SPEDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.93 | 0.39 | +0.54 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.42 | 0.16 | +0.26 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.59 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.76 | 0.48 | +0.28 |
Correlation
The correlation between ATESX and SPEDX is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
ATESX vs. SPEDX - Dividend Comparison
ATESX has not paid dividends to shareholders, while SPEDX's dividend yield for the trailing twelve months is around 0.10%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
ATESX Anchor Risk Managed Equity Strategies Fund | 0.00% | 0.00% | 0.00% | 1.30% | 7.45% | 0.00% | 0.00% | 11.78% | 7.70% | 6.02% | 0.00% |
SPEDX Alger Dynamic Opportunities Fund | 0.10% | 0.09% | 0.00% | 0.00% | 0.00% | 5.69% | 4.94% | 3.75% | 1.92% | 0.00% | 0.32% |
Drawdowns
ATESX vs. SPEDX - Drawdown Comparison
The maximum ATESX drawdown since its inception was -12.87%, smaller than the maximum SPEDX drawdown of -29.02%. Use the drawdown chart below to compare losses from any high point for ATESX and SPEDX.
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Drawdown Indicators
| ATESX | SPEDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.87% | -29.02% | +16.15% |
Max Drawdown (1Y)Largest decline over 1 year | -8.92% | -9.18% | +0.26% |
Max Drawdown (5Y)Largest decline over 5 years | -12.87% | -29.02% | +16.15% |
Max Drawdown (10Y)Largest decline over 10 years | — | -29.02% | — |
Current DrawdownCurrent decline from peak | -7.71% | -9.18% | +1.47% |
Average DrawdownAverage peak-to-trough decline | -3.69% | -7.00% | +3.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.14% | 2.99% | +1.15% |
Volatility
ATESX vs. SPEDX - Volatility Comparison
The current volatility for Anchor Risk Managed Equity Strategies Fund (ATESX) is 0.64%, while Alger Dynamic Opportunities Fund (SPEDX) has a volatility of 2.69%. This indicates that ATESX experiences smaller price fluctuations and is considered to be less risky than SPEDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ATESX | SPEDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.64% | 2.69% | -2.05% |
Volatility (6M)Calculated over the trailing 6-month period | 7.73% | 7.63% | +0.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.81% | 10.43% | -0.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.46% | 12.02% | -1.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.96% | 12.78% | -1.82% |