SCRZX vs. AWF
SCRZX (AB Small Cap Core Portfolio) and AWF (AllianceBernstein Global High Income Closed Fund) are both mutual funds - SCRZX is a Small Cap Blend Equities fund managed by AllianceBernstein, while AWF is a High Yield Bonds fund actively managed by AllianceBernstein. Over the past 10 years, SCRZX returned 10.47%/yr vs 5.69%/yr for AWF. At a 0.42 correlation, their price movements are largely independent. SCRZX charges 0.87%/yr vs 1.00%/yr for AWF.
Performance
SCRZX vs. AWF - Performance Comparison
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Returns By Period
In the year-to-date period, SCRZX achieves a 20.05% return, which is significantly higher than AWF's -1.55% return. Over the past 10 years, SCRZX has outperformed AWF with an annualized return of 10.47%, while AWF has yielded a comparatively lower 5.69% annualized return.
SCRZX
- 1D
- 1.45%
- 1M
- 5.58%
- YTD
- 20.05%
- 6M
- 17.24%
- 1Y
- 34.52%
- 3Y*
- 16.79%
- 5Y*
- 7.68%
- 10Y*
- 10.47%
AWF
- 1D
- 0.39%
- 1M
- 0.35%
- YTD
- -1.55%
- 6M
- -1.55%
- 1Y
- 0.32%
- 3Y*
- 9.43%
- 5Y*
- 3.73%
- 10Y*
- 5.69%
SCRZX vs. AWF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SCRZX AB Small Cap Core Portfolio | 20.05% | 7.75% | 7.72% | 20.91% | -18.89% | 23.27% | 12.41% | 24.28% | -13.25% | 7.40% |
AWF AllianceBernstein Global High Income Closed Fund | -1.55% | 7.54% | 14.30% | 18.37% | -16.62% | 9.95% | 4.40% | 23.40% | -11.35% | 7.77% |
Correlation
The correlation between SCRZX and AWF is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.42 |
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Return for Risk
SCRZX vs. AWF — Risk / Return Rank
SCRZX
AWF
SCRZX vs. AWF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AB Small Cap Core Portfolio (SCRZX) and AllianceBernstein Global High Income Closed Fund (AWF). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SCRZX | AWF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.88 | ||
| Sortino ratioReturn per unit of downside risk | +2.62 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.01 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 3.83 | 0.03 | +3.80 |
| Martin ratioReturn relative to average drawdown | 13.11 | 0.07 | +13.04 |
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Drawdowns
SCRZX vs. AWF - Drawdown Comparison
The maximum SCRZX drawdown since its inception was -44.82%, smaller than the maximum AWF drawdown of -55.54%. Use the drawdown chart below to compare losses from any high point for SCRZX and AWF.
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Drawdown Indicators
| SCRZX | AWF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.82% | -55.54% | +10.72% |
Max Drawdown (1Y)Largest decline over 1 year | -9.37% | -10.19% | +0.82% |
Max Drawdown (3Y)Largest decline over 3 years | -28.46% | -11.12% | -17.34% |
Max Drawdown (5Y)Largest decline over 5 years | -29.24% | -25.25% | -3.99% |
Max Drawdown (10Y)Largest decline over 10 years | -44.82% | -40.12% | -4.70% |
Current DrawdownCurrent decline from peak | 0.00% | -5.66% | +5.66% |
Average DrawdownAverage peak-to-trough decline | -8.61% | -12.30% | +3.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.73% | 4.47% | -1.74% |
Volatility
SCRZX vs. AWF - Volatility Comparison
AB Small Cap Core Portfolio (SCRZX) has a higher volatility of 5.37% compared to AllianceBernstein Global High Income Closed Fund (AWF) at 2.18%. This indicates that SCRZX's price experiences larger fluctuations and is considered to be riskier than AWF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SCRZX | AWF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.37% | 2.18% | +3.19% |
Volatility (6M)Calculated over the trailing 6-month period | 13.27% | 7.33% | +5.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.74% | 8.79% | +9.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.06% | 12.11% | +9.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.27% | 15.22% | +8.05% |
SCRZX vs. AWF - Expense Ratio Comparison
SCRZX has a 0.87% expense ratio, which is lower than AWF's 1.00% expense ratio.
Dividends
SCRZX vs. AWF - Dividend Comparison
SCRZX's dividend yield for the trailing twelve months is around 8.94%, more than AWF's 7.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AWF AllianceBernstein Global High Income Closed Fund | 7.72% | 7.81% | 7.47% | 7.33% | 10.30% | 6.48% | 6.68% | 6.62% | 7.97% | 6.03% | 7.73% | 10.28% |
SCRZX AB Small Cap Core Portfolio | 8.94% | 10.74% | 15.00% | 8.51% | 8.47% | 5.95% | 0.51% | 0.47% | 8.63% | 6.37% | 0.28% | 0.00% |
Frequently Asked Questions
SCRZX and AWF have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SCRZX has higher volatility (5.37%) compared to AWF (2.18%). In terms of maximum drawdown, SCRZX dropped -44.82% vs AWF's -55.54%.
SCRZX currently has the higher Sharpe Ratio (1.92 vs 0.04), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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