CHUSX vs. IOO
Compare and contrast key facts about Alger Global Focus Fund (CHUSX) and iShares Global 100 ETF (IOO).
CHUSX is managed by Alger. It was launched on Nov 2, 2003. IOO is a passively managed fund by iShares that tracks the performance of the S&P Global 100 Index. It was launched on Dec 5, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CHUSX or IOO.
Key characteristics
| CHUSX | IOO | |
|---|---|---|
| YTD Return | 11.25% | 15.04% |
| 1Y Return | 25.62% | 28.50% |
| 3Y Return (Ann) | 2.40% | 11.88% |
| 5Y Return (Ann) | 10.32% | 16.12% |
| 10Y Return (Ann) | 7.21% | 11.37% |
| Sharpe Ratio | 1.79 | 2.41 |
| Daily Std Dev | 14.59% | 12.22% |
| Max Drawdown | -69.31% | -55.85% |
| Current Drawdown | -12.64% | -0.24% |
Correlation
The correlation between CHUSX and IOO is 0.79, 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.
Performance
CHUSX vs. IOO - Performance Comparison
In the year-to-date period, CHUSX achieves a 11.25% return, which is significantly lower than IOO's 15.04% return. Over the past 10 years, CHUSX has underperformed IOO with an annualized return of 7.21%, while IOO has yielded a comparatively higher 11.37% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
CHUSX vs. IOO - Expense Ratio Comparison
CHUSX has a 1.50% expense ratio, which is higher than IOO's 0.40% expense ratio.
Risk-Adjusted Performance
CHUSX vs. IOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alger Global Focus Fund (CHUSX) and iShares Global 100 ETF (IOO). 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.
Dividends
CHUSX vs. IOO - Dividend Comparison
CHUSX has not paid dividends to shareholders, while IOO's dividend yield for the trailing twelve months is around 1.30%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CHUSX Alger Global Focus Fund | 0.00% | 0.00% | 0.00% | 9.87% | 0.00% | 2.77% | 9.32% | 4.03% | 1.01% | 0.00% | 0.00% | 0.00% |
IOO iShares Global 100 ETF | 1.30% | 1.49% | 2.00% | 1.53% | 1.49% | 2.02% | 2.54% | 2.23% | 2.75% | 2.89% | 3.52% | 2.37% |
Drawdowns
CHUSX vs. IOO - Drawdown Comparison
The maximum CHUSX drawdown since its inception was -69.31%, which is greater than IOO's maximum drawdown of -55.85%. Use the drawdown chart below to compare losses from any high point for CHUSX and IOO. For additional features, visit the drawdowns tool.
Volatility
CHUSX vs. IOO - Volatility Comparison
Alger Global Focus Fund (CHUSX) and iShares Global 100 ETF (IOO) have volatilities of 4.09% and 4.02%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.