ATVPX vs. ACAAX
Compare and contrast key facts about Alger 35 Fund (ATVPX) and Alger Capital Appreciation Fund (ACAAX).
ATVPX is managed by Alger. It was launched on Mar 29, 2018. ACAAX is managed by Alger. It was launched on Dec 31, 1996.
Performance
ATVPX vs. ACAAX - Performance Comparison
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ATVPX vs. ACAAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ATVPX Alger 35 Fund | -12.54% | 32.51% | 50.84% | 31.41% | -36.36% | 10.91% | 68.05% | 14.00% |
ACAAX Alger Capital Appreciation Fund | -14.62% | 30.80% | 49.55% | 42.99% | -36.90% | 18.17% | 41.78% | 16.27% |
Returns By Period
In the year-to-date period, ATVPX achieves a -12.54% return, which is significantly higher than ACAAX's -14.63% return.
ATVPX
- 1D
- -1.56%
- 1M
- -8.59%
- YTD
- -12.54%
- 6M
- -14.18%
- 1Y
- 36.45%
- 3Y*
- 27.70%
- 5Y*
- 9.75%
- 10Y*
- —
ACAAX
- 1D
- -1.50%
- 1M
- -9.37%
- YTD
- -14.63%
- 6M
- -15.64%
- 1Y
- 27.06%
- 3Y*
- 28.12%
- 5Y*
- 12.01%
- 10Y*
- 16.22%
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ATVPX vs. ACAAX - Expense Ratio Comparison
ATVPX has a 0.55% expense ratio, which is lower than ACAAX's 1.15% expense ratio.
Return for Risk
ATVPX vs. ACAAX — Risk / Return Rank
ATVPX
ACAAX
ATVPX vs. ACAAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alger 35 Fund (ATVPX) and Alger Capital Appreciation Fund (ACAAX). 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.
| ATVPX | ACAAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.32 | 0.97 | +0.36 |
Sortino ratioReturn per unit of downside risk | 1.90 | 1.50 | +0.41 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.20 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.90 | 1.22 | +0.68 |
Martin ratioReturn relative to average drawdown | 6.60 | 4.02 | +2.58 |
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
| ATVPX | ACAAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.32 | 0.97 | +0.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.29 | 0.42 | -0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.64 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.47 | +0.08 |
Correlation
The correlation between ATVPX and ACAAX is 0.96, 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
ATVPX vs. ACAAX - Dividend Comparison
ATVPX's dividend yield for the trailing twelve months is around 24.30%, more than ACAAX's 11.48% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ATVPX Alger 35 Fund | 24.30% | 21.25% | 0.00% | 0.00% | 0.02% | 36.00% | 17.24% | 0.17% | 0.00% | 0.00% | 0.00% | 0.00% |
ACAAX Alger Capital Appreciation Fund | 11.48% | 9.80% | 12.93% | 7.19% | 4.42% | 23.67% | 15.64% | 8.17% | 11.59% | 6.76% | 0.84% | 8.28% |
Drawdowns
ATVPX vs. ACAAX - Drawdown Comparison
The maximum ATVPX drawdown since its inception was -53.35%, smaller than the maximum ACAAX drawdown of -70.29%. Use the drawdown chart below to compare losses from any high point for ATVPX and ACAAX.
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Drawdown Indicators
| ATVPX | ACAAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.35% | -70.29% | +16.94% |
Max Drawdown (1Y)Largest decline over 1 year | -16.74% | -19.11% | +2.37% |
Max Drawdown (5Y)Largest decline over 5 years | -53.35% | -48.73% | -4.62% |
Max Drawdown (10Y)Largest decline over 10 years | — | -48.73% | — |
Current DrawdownCurrent decline from peak | -16.74% | -19.11% | +2.37% |
Average DrawdownAverage peak-to-trough decline | -18.37% | -23.08% | +4.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.83% | 5.79% | -0.96% |
Volatility
ATVPX vs. ACAAX - Volatility Comparison
Alger 35 Fund (ATVPX) has a higher volatility of 8.16% compared to Alger Capital Appreciation Fund (ACAAX) at 7.43%. This indicates that ATVPX's price experiences larger fluctuations and is considered to be riskier than ACAAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ATVPX | ACAAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.16% | 7.43% | +0.73% |
Volatility (6M)Calculated over the trailing 6-month period | 17.10% | 16.28% | +0.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.01% | 27.47% | -0.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.43% | 28.80% | +4.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.92% | 25.27% | +6.65% |