RPXIX vs. WPSGX
Compare and contrast key facts about RiverPark Large Growth Fund (RPXIX) and AB Concentrated Growth Fund (WPSGX).
RPXIX is managed by RiverPark Funds. It was launched on Sep 30, 2010. WPSGX is managed by AllianceBernstein. It was launched on Feb 28, 1994.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RPXIX or WPSGX.
Key characteristics
| RPXIX | WPSGX | |
|---|---|---|
| YTD Return | 22.91% | 16.86% |
| 1Y Return | 39.88% | 29.51% |
| 3Y Return (Ann) | -7.15% | -1.33% |
| 5Y Return (Ann) | 5.77% | 7.90% |
| 10Y Return (Ann) | 4.91% | 8.27% |
| Sharpe Ratio | 2.52 | 2.23 |
| Sortino Ratio | 3.30 | 3.04 |
| Omega Ratio | 1.45 | 1.40 |
| Calmar Ratio | 0.90 | 0.36 |
| Martin Ratio | 15.17 | 14.20 |
| Ulcer Index | 2.58% | 2.00% |
| Daily Std Dev | 15.53% | 12.72% |
| Max Drawdown | -59.98% | -96.12% |
| Current Drawdown | -21.16% | -72.62% |
Correlation
The correlation between RPXIX and WPSGX is 0.86, 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
RPXIX vs. WPSGX - Performance Comparison
In the year-to-date period, RPXIX achieves a 22.91% return, which is significantly higher than WPSGX's 16.86% return. Over the past 10 years, RPXIX has underperformed WPSGX with an annualized return of 4.91%, while WPSGX has yielded a comparatively higher 8.27% 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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RPXIX vs. WPSGX - Expense Ratio Comparison
RPXIX has a 0.91% expense ratio, which is higher than WPSGX's 0.75% expense ratio.
Risk-Adjusted Performance
RPXIX vs. WPSGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for RiverPark Large Growth Fund (RPXIX) and AB Concentrated Growth Fund (WPSGX). 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
RPXIX vs. WPSGX - Dividend Comparison
RPXIX has not paid dividends to shareholders, while WPSGX's dividend yield for the trailing twelve months is around 0.31%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
WPSGX AB Concentrated Growth Fund | 0.31% | 0.36% | 0.00% | 0.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
RPXIX vs. WPSGX - Drawdown Comparison
The maximum RPXIX drawdown since its inception was -59.98%, smaller than the maximum WPSGX drawdown of -96.12%. Use the drawdown chart below to compare losses from any high point for RPXIX and WPSGX. For additional features, visit the drawdowns tool.
Volatility
RPXIX vs. WPSGX - Volatility Comparison
RiverPark Large Growth Fund (RPXIX) and AB Concentrated Growth Fund (WPSGX) have volatilities of 4.15% and 4.13%, 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.