BAMG vs. ATFV

Last updated Jun 4, 2026

BAMG (Brookstone Growth Stock ETF) and ATFV (Alger 35 ETF) are both Large Cap Growth Equities funds. BAMG is actively managed, while ATFV is passively managed. Over the past year, BAMG returned 27.89% vs 48.62% for ATFV. A 0.74 correlation means they provide meaningful diversification when combined. BAMG charges 0.95%/yr vs 0.55%/yr for ATFV.

Performance

BAMG vs. ATFV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brookstone Growth Stock ETF (BAMG) and Alger 35 ETF (ATFV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BAMG achieves a 10.74% return, which is significantly lower than ATFV's 16.46% return.

BAMG

• 1D: -0.29%
• 1M: 8.86%
• YTD: 10.74%
• 6M: 10.41%
• 1Y: 27.89%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ATFV

• 1D: -2.00%
• 1M: 8.35%
• YTD: 16.46%
• 6M: 16.04%
• 1Y: 48.62%
• 3Y*: 39.26%
• 5Y*: 15.56%
• 10Y*: —

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

BAMG vs. ATFV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BAMG Brookstone Growth Stock ETF	10.74%	17.03%	24.01%	11.91%
ATFV Alger 35 ETF	16.46%	38.20%	46.14%	21.03%

Correlation

The correlation between BAMG and ATFV is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.67
Correlation (All Time) Calculated using the full available price history since Sep 28, 2023	0.74

The correlation between BAMG and ATFV has been stable across timeframes, ranging from 0.67 to 0.74 - a consistent structural relationship.

BAMG vs. ATFV - Sectors Allocation Comparison

Sectors	BAMG	ATFV
Technology	37.1%	42.1%
Healthcare	12.3%	8.6%
Communication Services	11.7%	25.8%
Financial Services	10.4%	2.5%
Industrials	9.8%	8.2%
Consumer Defensive	8.3%	-
Consumer Cyclical	7.1%	10.2%
Utilities	2.0%	2.7%
Basic Materials	0.8%	-
Energy	0.6%	-
Real Estate	-	-

Return for Risk

BAMG vs. ATFV — Risk / Return Rank

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

BAMG

BAMG Risk / Return Rank: 53
BAMG Sharpe Ratio Rank: 58
BAMG Sortino Ratio Rank: 57
BAMG Omega Ratio Rank: 54
BAMG Calmar Ratio Rank: 44
BAMG Martin Ratio Rank: 50

ATFV

ATFV Risk / Return Rank: 56
ATFV Sharpe Ratio Rank: 62
ATFV Sortino Ratio Rank: 58
ATFV Omega Ratio Rank: 55
ATFV Calmar Ratio Rank: 53
ATFV Martin Ratio Rank: 53

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.

BAMG vs. ATFV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brookstone Growth Stock ETF (BAMG) and Alger 35 ETF (ATFV). 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.

	BAMG	ATFV	Difference
Sharpe ratio: Return per unit of total volatility	1.96	2.12	-0.17
Sortino ratio: Return per unit of downside risk	2.68	2.79	-0.11
Omega ratio: Gain probability vs. loss probability	1.33	1.35	-0.01
Calmar ratio: Return relative to maximum drawdown	2.14	2.67	-0.53
Martin ratio: Return relative to average drawdown	8.37	9.15	-0.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BAMG vs. ATFV - Sharpe Ratio Comparison

The current BAMG Sharpe Ratio is 1.96, which is comparable to the ATFV Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of BAMG and ATFV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BAMG	ATFV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.96	2.12	-0.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.59	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.45	0.59	+0.86

Drawdowns

BAMG vs. ATFV - Drawdown Comparison

The maximum BAMG drawdown since its inception was -21.00%, smaller than the maximum ATFV drawdown of -45.34%. Use the drawdown chart below to compare losses from any high point for BAMG and ATFV.

Drawdown Indicators

	BAMG	ATFV	Difference
Max Drawdown Largest peak-to-trough decline	-21.00%	-45.34%	+24.34%
Max Drawdown (1Y) Largest decline over 1 year	-13.08%	-18.29%	+5.21%
Max Drawdown (3Y) Largest decline over 3 years	—	-29.01%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-45.34%	—
Current Drawdown Current decline from peak	-0.29%	-2.72%	+2.43%
Average Drawdown Average peak-to-trough decline	-2.51%	-17.81%	+15.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.34%	5.33%	-1.99%

Volatility

BAMG vs. ATFV - Volatility Comparison

The current volatility for Brookstone Growth Stock ETF (BAMG) is 3.68%, while Alger 35 ETF (ATFV) has a volatility of 7.65%. This indicates that BAMG experiences smaller price fluctuations and is considered to be less risky than ATFV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BAMG	ATFV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.68%	7.65%	-3.97%
Volatility (6M) Calculated over the trailing 6-month period	10.86%	17.34%	-6.48%
Volatility (1Y) Calculated over the trailing 1-year period	14.33%	23.00%	-8.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.97%	26.62%	-9.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.97%	26.55%	-9.58%

BAMG vs. ATFV - Expense Ratio Comparison

BAMG has a 0.95% expense ratio, which is higher than ATFV's 0.55% expense ratio.

Dividends

BAMG vs. ATFV - Dividend Comparison

BAMG has not paid dividends to shareholders, while ATFV's dividend yield for the trailing twelve months is around 0.17%.

Position	TTM	2025	2024	2023	2022
ATFV Alger 35 ETF	0.17%	0.20%	0.16%	0.01%	0.06%
BAMG Brookstone Growth Stock ETF	0.00%	0.00%	1.24%	0.12%	0.00%

Frequently Asked Questions

Can I hold both BAMG and ATFV in my portfolio?

BAMG and ATFV have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BAMG or ATFV?

ATFV has higher volatility (7.65%) compared to BAMG (3.68%). In terms of maximum drawdown, BAMG dropped -21.00% vs ATFV's -45.34%.

Which ETF is better, BAMG or ATFV?

On 1-year performance, ATFV leads with 48.62% vs 27.89% for BAMG. On fees, ATFV is cheaper at 0.55% per year. On volatility, BAMG has been the lower-risk option at 3.68%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BAMG or ATFV?

Over the 1-year period, ATFV has performed better with a 48.62% return vs 27.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BAMG or ATFV?

ATFV is cheaper with a 0.55% expense ratio, compared with 0.95% for BAMG.

Which ETF pays a higher dividend yield, BAMG or ATFV?

ATFV has the higher dividend yield at 0.17%, compared with 0.00% for BAMG.

What is the main difference between BAMG and ATFV?

They also come from different issuers: Brookstone and Alger Group Holdings LLC. Their fees differ too: 0.95% for BAMG and 0.55% for ATFV.

Which has better risk-adjusted returns?

ATFV currently has the higher Sharpe Ratio (2.12 vs 1.96), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.