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CHCLX vs. ALTFX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

CHCLX vs. ALTFX - Performance Comparison

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

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CHCLX vs. ALTFX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
CHCLX
AB Discovery Growth Fund
-8.44%6.67%17.37%18.72%-36.11%11.63%52.90%39.99%-4.56%32.58%
ALTFX
AB Sustainable Global Thematic Fund
-10.89%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, CHCLX achieves a -8.44% return, which is significantly higher than ALTFX's -10.89% return. Over the past 10 years, CHCLX has outperformed ALTFX with an annualized return of 11.17%, while ALTFX has yielded a comparatively lower 9.62% annualized return.


CHCLX

1D
-2.55%
1M
-10.11%
YTD
-8.44%
6M
-5.47%
1Y
12.06%
3Y*
8.23%
5Y*
-0.91%
10Y*
11.17%

ALTFX

1D
-0.30%
1M
-9.85%
YTD
-10.89%
6M
-13.62%
1Y
1.12%
3Y*
3.26%
5Y*
0.18%
10Y*
9.62%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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CHCLX vs. ALTFX - Expense Ratio Comparison

CHCLX has a 0.91% expense ratio, which is lower than ALTFX's 1.02% expense ratio.


Return for Risk

CHCLX vs. ALTFX — Risk / Return Rank

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

CHCLX
CHCLX Risk / Return Rank: 1717
Overall Rank
CHCLX Sharpe Ratio Rank: 1616
Sharpe Ratio Rank
CHCLX Sortino Ratio Rank: 1717
Sortino Ratio Rank
CHCLX Omega Ratio Rank: 1616
Omega Ratio Rank
CHCLX Calmar Ratio Rank: 1717
Calmar Ratio Rank
CHCLX Martin Ratio Rank: 1717
Martin Ratio Rank

ALTFX
ALTFX Risk / Return Rank: 66
Overall Rank
ALTFX Sharpe Ratio Rank: 66
Sharpe Ratio Rank
ALTFX Sortino Ratio Rank: 66
Sortino Ratio Rank
ALTFX Omega Ratio Rank: 66
Omega Ratio Rank
ALTFX Calmar Ratio Rank: 66
Calmar Ratio Rank
ALTFX Martin Ratio Rank: 66
Martin Ratio Rank
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.

CHCLX vs. ALTFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AB Discovery Growth Fund (CHCLX) 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.


CHCLXALTFXDifference

Sharpe ratio

Return per unit of total volatility

0.40

0.05

+0.35

Sortino ratio

Return per unit of downside risk

0.75

0.20

+0.54

Omega ratio

Gain probability vs. loss probability

1.10

1.03

+0.07

Calmar ratio

Return relative to maximum drawdown

0.50

-0.05

+0.55

Martin ratio

Return relative to average drawdown

1.76

-0.16

+1.92

CHCLX vs. ALTFX - Sharpe Ratio Comparison

The current CHCLX Sharpe Ratio is 0.40, which is higher than the ALTFX Sharpe Ratio of 0.05. The chart below compares the historical Sharpe Ratios of CHCLX 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.


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Sharpe Ratios by Period


CHCLXALTFXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.40

0.05

+0.35

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.04

0.01

-0.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.45

0.54

-0.09

Sharpe Ratio (All Time)

Calculated using the full available price history

0.36

0.26

+0.10

Correlation

The correlation between CHCLX and ALTFX is 0.84, 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

CHCLX vs. ALTFX - Dividend Comparison

CHCLX's dividend yield for the trailing twelve months is around 12.67%, less than ALTFX's 15.18% yield.


TTM20252024202320222021202020192018201720162015
CHCLX
AB Discovery Growth Fund
12.67%11.60%0.00%0.00%0.00%17.54%15.15%13.36%20.33%6.74%0.00%6.08%
ALTFX
AB Sustainable Global Thematic Fund
15.18%13.53%8.18%0.03%2.61%9.99%7.23%6.01%8.36%0.00%4.05%0.00%

Drawdowns

CHCLX vs. ALTFX - Drawdown Comparison

The maximum CHCLX drawdown since its inception was -63.85%, smaller than the maximum ALTFX drawdown of -80.01%. Use the drawdown chart below to compare losses from any high point for CHCLX and ALTFX.


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Drawdown Indicators


CHCLXALTFXDifference

Max Drawdown

Largest peak-to-trough decline

-63.85%

-80.01%

+16.16%

Max Drawdown (1Y)

Largest decline over 1 year

-15.70%

-15.81%

+0.11%

Max Drawdown (5Y)

Largest decline over 5 years

-44.63%

-35.87%

-8.76%

Max Drawdown (10Y)

Largest decline over 10 years

-44.63%

-35.87%

-8.76%

Current Drawdown

Current decline from peak

-18.05%

-16.56%

-1.49%

Average Drawdown

Average peak-to-trough decline

-14.23%

-37.13%

+22.90%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.46%

4.93%

-0.47%

Volatility

CHCLX vs. ALTFX - Volatility Comparison

AB Discovery Growth Fund (CHCLX) has a higher volatility of 9.55% compared to AB Sustainable Global Thematic Fund (ALTFX) at 5.52%. This indicates that CHCLX's price experiences larger fluctuations and is considered to be riskier than ALTFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


CHCLXALTFXDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.55%

5.52%

+4.03%

Volatility (6M)

Calculated over the trailing 6-month period

17.74%

10.66%

+7.08%

Volatility (1Y)

Calculated over the trailing 1-year period

26.84%

18.53%

+8.31%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

25.59%

18.10%

+7.49%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.80%

17.96%

+6.84%