AUIAX vs. ALTFX

Last updated Apr 2, 2026

Compare and contrast key facts about AB Equity Income Fund (AUIAX) and AB Sustainable Global Thematic Fund (ALTFX).

AUIAX is managed by AllianceBernstein. It was launched on Oct 18, 1993. ALTFX is managed by AllianceBernstein. It was launched on Feb 28, 1982.

Performance

AUIAX vs. ALTFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AB Equity Income Fund (AUIAX) and AB Sustainable Global Thematic Fund (ALTFX). The values are adjusted to include any dividend payments, if applicable.

AUIAX vs. ALTFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AUIAX AB Equity Income Fund	-0.80%	17.97%	17.48%	22.48%	-10.26%	25.25%	4.18%	24.59%	-6.82%	16.34%
ALTFX AB Sustainable Global Thematic Fund	-7.97%	6.22%	5.94%	15.97%	-27.19%	22.64%	39.40%	33.60%	-9.86%	37.16%

Returns By Period

In the year-to-date period, AUIAX achieves a -0.80% return, which is significantly higher than ALTFX's -7.97% return. Over the past 10 years, AUIAX has outperformed ALTFX with an annualized return of 11.12%, while ALTFX has yielded a comparatively lower 9.98% annualized return.

AUIAX

• 1D: 2.44%
• 1M: -4.64%
• YTD: -0.80%
• 6M: 1.21%
• 1Y: 18.05%
• 3Y*: 16.79%
• 5Y*: 11.65%
• 10Y*: 11.12%

ALTFX

• 1D: 3.28%
• 1M: -6.78%
• YTD: -7.97%
• 6M: -10.86%
• 1Y: 4.24%
• 3Y*: 4.37%
• 5Y*: 0.58%
• 10Y*: 9.98%

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

AUIAX vs. ALTFX - Expense Ratio Comparison

AUIAX has a 0.97% expense ratio, which is lower than ALTFX's 1.02% expense ratio.

ALTFX

AB Sustainable Global Thematic Fund

AUIAX

AB Equity Income Fund

Return for Risk

AUIAX vs. ALTFX — Risk / Return Rank

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

AUIAX

AUIAX Risk / Return Rank: 59
AUIAX Sharpe Ratio Rank: 54
AUIAX Sortino Ratio Rank: 54
AUIAX Omega Ratio Rank: 58
AUIAX Calmar Ratio Rank: 59
AUIAX Martin Ratio Rank: 68

ALTFX

ALTFX Risk / Return Rank: 9
ALTFX Sharpe Ratio Rank: 8
ALTFX Sortino Ratio Rank: 8
ALTFX Omega Ratio Rank: 9
ALTFX Calmar Ratio Rank: 10
ALTFX Martin Ratio Rank: 10

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.

AUIAX vs. ALTFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AB Equity Income Fund (AUIAX) and AB Sustainable Global Thematic Fund (ALTFX). 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.

	AUIAX	ALTFX	Difference
Sharpe ratio Return per unit of total volatility	1.07	0.24	+0.83
Sortino ratio Return per unit of downside risk	1.56	0.47	+1.09
Omega ratio Gain probability vs. loss probability	1.24	1.07	+0.18
Calmar ratio Return relative to maximum drawdown	1.56	0.27	+1.29
Martin ratio Return relative to average drawdown	7.06	0.85	+6.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AUIAX vs. ALTFX - Sharpe Ratio Comparison

The current AUIAX Sharpe Ratio is 1.07, which is higher than the ALTFX Sharpe Ratio of 0.24. The chart below compares the historical Sharpe Ratios of AUIAX and ALTFX, 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

	AUIAX	ALTFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.07	0.24	+0.83
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.73	0.03	+0.70
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.65	0.56	+0.09
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.26	+0.33

Correlation

The correlation between AUIAX and ALTFX is 0.69, 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

AUIAX vs. ALTFX - Dividend Comparison

AUIAX's dividend yield for the trailing twelve months is around 8.09%, less than ALTFX's 14.70% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AUIAX AB Equity Income Fund	8.09%	8.11%	10.53%	2.68%	7.73%	16.44%	2.65%	5.61%	13.48%	5.38%	2.85%	5.39%
ALTFX AB Sustainable Global Thematic Fund	14.70%	13.53%	8.18%	0.03%	2.61%	9.99%	7.23%	6.01%	8.36%	0.00%	4.05%	0.00%

Drawdowns

AUIAX vs. ALTFX - Drawdown Comparison

The maximum AUIAX drawdown since its inception was -46.97%, smaller than the maximum ALTFX drawdown of -80.01%. Use the drawdown chart below to compare losses from any high point for AUIAX and ALTFX.

Drawdown Indicators

	AUIAX	ALTFX	Difference
Max Drawdown Largest peak-to-trough decline	-46.97%	-80.01%	+33.04%
Max Drawdown (1Y) Largest decline over 1 year	-12.33%	-15.81%	+3.48%
Max Drawdown (5Y) Largest decline over 5 years	-20.88%	-35.87%	+14.99%
Max Drawdown (10Y) Largest decline over 10 years	-35.81%	-35.87%	+0.06%
Current Drawdown Current decline from peak	-5.90%	-13.82%	+7.92%
Average Drawdown Average peak-to-trough decline	-7.98%	-37.13%	+29.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.72%	4.99%	-2.27%

Volatility

AUIAX vs. ALTFX - Volatility Comparison

The current volatility for AB Equity Income Fund (AUIAX) is 4.78%, while AB Sustainable Global Thematic Fund (ALTFX) has a volatility of 6.65%. This indicates that AUIAX experiences smaller price fluctuations and is considered to be less risky than ALTFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AUIAX	ALTFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.78%	6.65%	-1.87%
Volatility (6M) Calculated over the trailing 6-month period	8.98%	11.16%	-2.18%
Volatility (1Y) Calculated over the trailing 1-year period	17.04%	18.78%	-1.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.96%	18.16%	-2.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.28%	17.99%	-0.71%