BGRO vs. ATFV

Last updated Apr 2, 2026

Compare and contrast key facts about BlackRock Large Cap Growth ETF (BGRO) and Alger 35 ETF (ATFV).

BGRO and ATFV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BGRO is an actively managed fund by iShares. It was launched on Jun 4, 2024. ATFV is a passively managed fund by Alger Group Holdings LLC that tracks the performance of the S&P 500. It was launched on May 4, 2021.

Performance

BGRO vs. ATFV - Performance Comparison

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

BGRO vs. ATFV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BGRO BlackRock Large Cap Growth ETF	-8.48%	12.37%	10.92%
ATFV Alger 35 ETF	-9.24%	38.20%	19.03%

Returns By Period

In the year-to-date period, BGRO achieves a -8.48% return, which is significantly higher than ATFV's -9.24% return.

BGRO

• 1D: 1.52%
• 1M: -4.78%
• YTD: -8.48%
• 6M: -10.04%
• 1Y: 14.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ATFV

• 1D: 0.89%
• 1M: -4.87%
• YTD: -9.24%
• 6M: -10.78%
• 1Y: 42.93%
• 3Y*: 30.22%
• 5Y*: —
• 10Y*: —

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

BGRO vs. ATFV - Expense Ratio Comparison

Both BGRO and ATFV have an expense ratio of 0.55%.

BGRO

BlackRock Large Cap Growth ETF

ATFV

Alger 35 ETF

Return for Risk

BGRO vs. ATFV — Risk / Return Rank

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

BGRO

BGRO Risk / Return Rank: 32
BGRO Sharpe Ratio Rank: 30
BGRO Sortino Ratio Rank: 33
BGRO Omega Ratio Rank: 32
BGRO Calmar Ratio Rank: 32
BGRO Martin Ratio Rank: 31

ATFV

ATFV Risk / Return Rank: 79
ATFV Sharpe Ratio Rank: 80
ATFV Sortino Ratio Rank: 81
ATFV Omega Ratio Rank: 75
ATFV Calmar Ratio Rank: 82
ATFV Martin Ratio Rank: 74

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.

BGRO vs. ATFV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Large Cap Growth ETF (BGRO) 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.

	BGRO	ATFV	Difference
Sharpe ratio Return per unit of total volatility	0.60	1.56	-0.96
Sortino ratio Return per unit of downside risk	1.04	2.20	-1.16
Omega ratio Gain probability vs. loss probability	1.14	1.29	-0.15
Calmar ratio Return relative to maximum drawdown	0.89	2.44	-1.54
Martin ratio Return relative to average drawdown	3.01	8.34	-5.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BGRO vs. ATFV - Sharpe Ratio Comparison

The current BGRO Sharpe Ratio is 0.60, which is lower than the ATFV Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of BGRO and ATFV, 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

	BGRO	ATFV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.60	1.56	-0.96
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	0.39	-0.08

Correlation

The correlation between BGRO and ATFV is 0.88, 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

BGRO vs. ATFV - Dividend Comparison

BGRO's dividend yield for the trailing twelve months is around 0.04%, less than ATFV's 0.22% yield.

	TTM	2025	2024	2023	2022
BGRO BlackRock Large Cap Growth ETF	0.04%	0.04%	0.00%	0.00%	0.00%
ATFV Alger 35 ETF	0.22%	0.20%	0.16%	0.01%	0.06%

Drawdowns

BGRO vs. ATFV - Drawdown Comparison

The maximum BGRO drawdown since its inception was -24.94%, smaller than the maximum ATFV drawdown of -45.34%. Use the drawdown chart below to compare losses from any high point for BGRO and ATFV.

Drawdown Indicators

	BGRO	ATFV	Difference
Max Drawdown Largest peak-to-trough decline	-24.94%	-45.34%	+20.40%
Max Drawdown (1Y) Largest decline over 1 year	-17.64%	-18.29%	+0.65%
Current Drawdown Current decline from peak	-13.09%	-13.60%	+0.51%
Average Drawdown Average peak-to-trough decline	-4.94%	-18.35%	+13.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.23%	5.34%	-0.11%

Volatility

BGRO vs. ATFV - Volatility Comparison

The current volatility for BlackRock Large Cap Growth ETF (BGRO) is 7.85%, while Alger 35 ETF (ATFV) has a volatility of 9.25%. This indicates that BGRO 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

	BGRO	ATFV	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.85%	9.25%	-1.40%
Volatility (6M) Calculated over the trailing 6-month period	14.58%	17.53%	-2.95%
Volatility (1Y) Calculated over the trailing 1-year period	24.76%	27.67%	-2.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.98%	26.62%	-2.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.98%	26.62%	-2.64%