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RPXIX vs. AGRFX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between RPXIX and AGRFX is 0.91, 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.


-0.50.00.51.00.9

Performance

RPXIX vs. AGRFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RiverPark Large Growth Fund (RPXIX) and AB Growth Fund (AGRFX). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
3.58%
-7.30%
RPXIX
AGRFX

Key characteristics

Sharpe Ratio

RPXIX:

0.98

AGRFX:

0.50

Sortino Ratio

RPXIX:

1.32

AGRFX:

0.70

Omega Ratio

RPXIX:

1.19

AGRFX:

1.15

Calmar Ratio

RPXIX:

0.44

AGRFX:

0.56

Martin Ratio

RPXIX:

5.65

AGRFX:

2.46

Ulcer Index

RPXIX:

2.95%

AGRFX:

4.96%

Daily Std Dev

RPXIX:

17.11%

AGRFX:

24.45%

Max Drawdown

RPXIX:

-59.98%

AGRFX:

-61.88%

Current Drawdown

RPXIX:

-25.11%

AGRFX:

-18.89%

Returns By Period

In the year-to-date period, RPXIX achieves a 16.77% return, which is significantly higher than AGRFX's 11.87% return. Over the past 10 years, RPXIX has underperformed AGRFX with an annualized return of 4.55%, while AGRFX has yielded a comparatively higher 6.34% annualized return.


RPXIX

YTD

16.77%

1M

-6.03%

6M

4.67%

1Y

16.96%

5Y*

5.80%

10Y*

4.55%

AGRFX

YTD

11.87%

1M

-14.89%

6M

-6.36%

1Y

12.16%

5Y*

6.98%

10Y*

6.34%

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RPXIX vs. AGRFX - Expense Ratio Comparison

RPXIX has a 0.91% expense ratio, which is lower than AGRFX's 1.12% expense ratio.


AGRFX
AB Growth Fund
Expense ratio chart for AGRFX: current value at 1.12% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.12%
Expense ratio chart for RPXIX: current value at 0.91% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.91%

Risk-Adjusted Performance

RPXIX vs. AGRFX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for RiverPark Large Growth Fund (RPXIX) and AB Growth Fund (AGRFX). 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.


Sharpe ratio
The chart of Sharpe ratio for RPXIX, currently valued at 0.98, compared to the broader market-1.000.001.002.003.004.000.980.50
The chart of Sortino ratio for RPXIX, currently valued at 1.32, compared to the broader market-2.000.002.004.006.008.0010.001.320.70
The chart of Omega ratio for RPXIX, currently valued at 1.19, compared to the broader market0.501.001.502.002.503.003.501.191.15
The chart of Calmar ratio for RPXIX, currently valued at 0.44, compared to the broader market0.002.004.006.008.0010.0012.0014.000.440.56
The chart of Martin ratio for RPXIX, currently valued at 5.65, compared to the broader market0.0020.0040.0060.005.652.46
RPXIX
AGRFX

The current RPXIX Sharpe Ratio is 0.98, which is higher than the AGRFX Sharpe Ratio of 0.50. The chart below compares the historical Sharpe Ratios of RPXIX and AGRFX, 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 Ratio0.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
0.98
0.50
RPXIX
AGRFX

Dividends

RPXIX vs. AGRFX - Dividend Comparison

Neither RPXIX nor AGRFX has paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
RPXIX
RiverPark Large Growth Fund
0.00%0.00%0.01%0.00%0.00%0.00%0.00%0.04%0.66%0.15%0.26%0.20%
AGRFX
AB Growth 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

RPXIX vs. AGRFX - Drawdown Comparison

The maximum RPXIX drawdown since its inception was -59.98%, roughly equal to the maximum AGRFX drawdown of -61.88%. Use the drawdown chart below to compare losses from any high point for RPXIX and AGRFX. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-25.11%
-18.89%
RPXIX
AGRFX

Volatility

RPXIX vs. AGRFX - Volatility Comparison

The current volatility for RiverPark Large Growth Fund (RPXIX) is 8.27%, while AB Growth Fund (AGRFX) has a volatility of 20.18%. This indicates that RPXIX experiences smaller price fluctuations and is considered to be less risky than AGRFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
8.27%
20.18%
RPXIX
AGRFX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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