PortfoliosLab logo
FSTEX vs. ALARX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FSTEX and ALARX is 0.54, 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.


-0.50.00.51.0
Correlation: 0.5

Performance

FSTEX vs. ALARX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Energy Fund (FSTEX) and Alger Capital Appreciation Institutional Fund (ALARX). The values are adjusted to include any dividend payments, if applicable.

200.00%300.00%400.00%500.00%600.00%700.00%December2025FebruaryMarchAprilMay
210.48%
520.26%
FSTEX
ALARX

Key characteristics

Sharpe Ratio

FSTEX:

-0.28

ALARX:

0.38

Sortino Ratio

FSTEX:

-0.22

ALARX:

0.69

Omega Ratio

FSTEX:

0.97

ALARX:

1.10

Calmar Ratio

FSTEX:

-0.14

ALARX:

0.36

Martin Ratio

FSTEX:

-1.09

ALARX:

0.98

Ulcer Index

FSTEX:

5.83%

ALARX:

12.47%

Daily Std Dev

FSTEX:

22.91%

ALARX:

32.44%

Max Drawdown

FSTEX:

-85.79%

ALARX:

-69.38%

Current Drawdown

FSTEX:

-39.27%

ALARX:

-20.19%

Returns By Period

In the year-to-date period, FSTEX achieves a -2.15% return, which is significantly higher than ALARX's -5.62% return. Over the past 10 years, FSTEX has underperformed ALARX with an annualized return of -0.27%, while ALARX has yielded a comparatively higher 4.05% annualized return.


FSTEX

YTD

-2.15%

1M

-4.37%

6M

-3.09%

1Y

-5.47%

5Y*

22.94%

10Y*

-0.27%

ALARX

YTD

-5.62%

1M

12.19%

6M

-8.39%

1Y

8.36%

5Y*

3.82%

10Y*

4.05%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FSTEX vs. ALARX - Expense Ratio Comparison

FSTEX has a 1.36% expense ratio, which is higher than ALARX's 1.12% expense ratio.


Expense ratio chart for FSTEX: current value is 1.36%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FSTEX: 1.36%
Expense ratio chart for ALARX: current value is 1.12%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
ALARX: 1.12%

Risk-Adjusted Performance

FSTEX vs. ALARX — Risk-Adjusted Performance Rank

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

FSTEX
The Risk-Adjusted Performance Rank of FSTEX is 66
Overall Rank
The Sharpe Ratio Rank of FSTEX is 66
Sharpe Ratio Rank
The Sortino Ratio Rank of FSTEX is 77
Sortino Ratio Rank
The Omega Ratio Rank of FSTEX is 77
Omega Ratio Rank
The Calmar Ratio Rank of FSTEX is 88
Calmar Ratio Rank
The Martin Ratio Rank of FSTEX is 22
Martin Ratio Rank

ALARX
The Risk-Adjusted Performance Rank of ALARX is 3939
Overall Rank
The Sharpe Ratio Rank of ALARX is 3737
Sharpe Ratio Rank
The Sortino Ratio Rank of ALARX is 4040
Sortino Ratio Rank
The Omega Ratio Rank of ALARX is 4141
Omega Ratio Rank
The Calmar Ratio Rank of ALARX is 4444
Calmar Ratio Rank
The Martin Ratio Rank of ALARX is 3434
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FSTEX vs. ALARX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Energy Fund (FSTEX) and Alger Capital Appreciation Institutional Fund (ALARX). 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.


The chart of Sharpe ratio for FSTEX, currently valued at -0.28, compared to the broader market-2.00-1.000.001.002.003.00
FSTEX: -0.28
ALARX: 0.38
The chart of Sortino ratio for FSTEX, currently valued at -0.22, compared to the broader market-2.000.002.004.006.008.00
FSTEX: -0.22
ALARX: 0.69
The chart of Omega ratio for FSTEX, currently valued at 0.97, compared to the broader market0.501.001.502.002.503.00
FSTEX: 0.97
ALARX: 1.10
The chart of Calmar ratio for FSTEX, currently valued at -0.14, compared to the broader market0.002.004.006.008.0010.00
FSTEX: -0.14
ALARX: 0.36
The chart of Martin ratio for FSTEX, currently valued at -1.09, compared to the broader market0.0010.0020.0030.0040.00
FSTEX: -1.09
ALARX: 0.98

The current FSTEX Sharpe Ratio is -0.28, which is lower than the ALARX Sharpe Ratio of 0.38. The chart below compares the historical Sharpe Ratios of FSTEX and ALARX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.502.002.50December2025FebruaryMarchAprilMay
-0.28
0.38
FSTEX
ALARX

Dividends

FSTEX vs. ALARX - Dividend Comparison

FSTEX's dividend yield for the trailing twelve months is around 4.11%, while ALARX has not paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
FSTEX
Invesco Energy Fund
4.11%4.03%2.11%0.89%1.80%2.21%1.53%3.05%2.22%1.10%0.64%13.54%
ALARX
Alger Capital Appreciation Institutional Fund
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

FSTEX vs. ALARX - Drawdown Comparison

The maximum FSTEX drawdown since its inception was -85.79%, which is greater than ALARX's maximum drawdown of -69.38%. Use the drawdown chart below to compare losses from any high point for FSTEX and ALARX. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%December2025FebruaryMarchAprilMay
-39.27%
-20.19%
FSTEX
ALARX

Volatility

FSTEX vs. ALARX - Volatility Comparison

The current volatility for Invesco Energy Fund (FSTEX) is 16.24%, while Alger Capital Appreciation Institutional Fund (ALARX) has a volatility of 18.67%. This indicates that FSTEX experiences smaller price fluctuations and is considered to be less risky than ALARX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%December2025FebruaryMarchAprilMay
16.24%
18.67%
FSTEX
ALARX