HAGAX vs. ALARX
Compare and contrast key facts about Carillon Eagle Mid Cap Growth Fund (HAGAX) and Alger Capital Appreciation Institutional Fund (ALARX).
HAGAX is managed by Carillon Family of Funds. It was launched on Aug 20, 1998. ALARX is managed by Alger. It was launched on Nov 8, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HAGAX or ALARX.
Key characteristics
| HAGAX | ALARX | |
|---|---|---|
| YTD Return | 17.57% | 47.86% |
| 1Y Return | 16.22% | 43.40% |
| 3Y Return (Ann) | -7.75% | -1.68% |
| 5Y Return (Ann) | 5.03% | 6.08% |
| 10Y Return (Ann) | 7.18% | 5.18% |
| Sharpe Ratio | 1.03 | 2.17 |
| Sortino Ratio | 1.37 | 2.66 |
| Omega Ratio | 1.21 | 1.40 |
| Calmar Ratio | 0.54 | 1.21 |
| Martin Ratio | 3.34 | 11.07 |
| Ulcer Index | 5.85% | 4.18% |
| Daily Std Dev | 19.00% | 21.28% |
| Max Drawdown | -58.41% | -69.38% |
| Current Drawdown | -21.83% | -5.83% |
Correlation
The correlation between HAGAX and ALARX is 0.87, 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
HAGAX vs. ALARX - Performance Comparison
In the year-to-date period, HAGAX achieves a 17.57% return, which is significantly lower than ALARX's 47.86% return. Over the past 10 years, HAGAX has outperformed ALARX with an annualized return of 7.18%, while ALARX has yielded a comparatively lower 5.18% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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HAGAX vs. ALARX - Expense Ratio Comparison
HAGAX has a 1.03% expense ratio, which is lower than ALARX's 1.12% expense ratio.
Risk-Adjusted Performance
HAGAX vs. ALARX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Carillon Eagle Mid Cap Growth Fund (HAGAX) 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.
Dividends
HAGAX vs. ALARX - Dividend Comparison
Neither HAGAX nor ALARX has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HAGAX Carillon Eagle Mid Cap Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 10.30% | 0.00% |
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% | 0.03% |
Drawdowns
HAGAX vs. ALARX - Drawdown Comparison
The maximum HAGAX drawdown since its inception was -58.41%, smaller than the maximum ALARX drawdown of -69.38%. Use the drawdown chart below to compare losses from any high point for HAGAX and ALARX. For additional features, visit the drawdowns tool.
Volatility
HAGAX vs. ALARX - Volatility Comparison
Carillon Eagle Mid Cap Growth Fund (HAGAX) and Alger Capital Appreciation Institutional Fund (ALARX) have volatilities of 5.44% and 5.72%, 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.