SCYVX vs. ALTFX

Last updated Jun 4, 2026

SCYVX (AB Small Cap Value Portfolio) and ALTFX (AB Sustainable Global Thematic Fund) are both mutual funds - SCYVX is a Small Cap Value Equities fund managed by AllianceBernstein, while ALTFX is a Global Equities fund managed by AllianceBernstein. Over the past 10 years, SCYVX returned 8.92%/yr vs 11.46%/yr for ALTFX. A 0.71 correlation means they provide meaningful diversification when combined. SCYVX charges 0.92%/yr vs 1.02%/yr for ALTFX.

Performance

SCYVX vs. ALTFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AB Small Cap Value Portfolio (SCYVX) and AB Sustainable Global Thematic Fund (ALTFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SCYVX achieves a 20.30% return, which is significantly higher than ALTFX's 5.73% return. Over the past 10 years, SCYVX has underperformed ALTFX with an annualized return of 8.92%, while ALTFX has yielded a comparatively higher 11.46% annualized return.

SCYVX

• 1D: 0.89%
• 1M: 4.29%
• YTD: 20.30%
• 6M: 18.75%
• 1Y: 29.74%
• 3Y*: 14.20%
• 5Y*: 3.82%
• 10Y*: 8.92%

ALTFX

• 1D: 0.54%
• 1M: 5.67%
• YTD: 5.73%
• 6M: 4.98%
• 1Y: 9.72%
• 3Y*: 8.78%
• 5Y*: 2.92%
• 10Y*: 11.46%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SCYVX vs. ALTFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SCYVX AB Small Cap Value Portfolio	20.30%	-0.02%	11.46%	7.82%	-16.68%	35.56%	3.45%	25.72%	-16.43%	8.97%
ALTFX AB Sustainable Global Thematic Fund	5.73%	6.22%	5.94%	15.97%	-27.19%	22.64%	39.40%	33.60%	-9.86%	37.16%

Correlation

The correlation between SCYVX and ALTFX is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.68
Correlation (3Y) Calculated over the trailing 3-year period	0.72
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (10Y) Calculated over the trailing 10-year period	0.70
Correlation (All Time) Calculated using the full available price history since Jan 5, 2015	0.71

The correlation between SCYVX and ALTFX has been stable across timeframes, ranging from 0.68 to 0.76 - a consistent structural relationship.

Return for Risk

SCYVX vs. ALTFX — Risk / Return Rank

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

SCYVX

SCYVX Risk / Return Rank: 50
SCYVX Sharpe Ratio Rank: 40
SCYVX Sortino Ratio Rank: 41
SCYVX Omega Ratio Rank: 37
SCYVX Calmar Ratio Rank: 81
SCYVX Martin Ratio Rank: 53

ALTFX

ALTFX Risk / Return Rank: 8
ALTFX Sharpe Ratio Rank: 9
ALTFX Sortino Ratio Rank: 9
ALTFX Omega Ratio Rank: 9
ALTFX Calmar Ratio Rank: 6
ALTFX Martin Ratio Rank: 7

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SCYVX vs. ALTFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AB Small Cap Value Portfolio (SCYVX) and AB Sustainable Global Thematic Fund (ALTFX). 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.

	SCYVX	ALTFX	Difference
Sharpe ratio: Return per unit of total volatility	1.86	0.71	+1.15
Sortino ratio: Return per unit of downside risk	2.69	1.08	+1.61
Omega ratio: Gain probability vs. loss probability	1.33	1.14	+0.19
Calmar ratio: Return relative to maximum drawdown	3.70	0.65	+3.04
Martin ratio: Return relative to average drawdown	10.83	1.94	+8.88
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SCYVX vs. ALTFX - Sharpe Ratio Comparison

The current SCYVX Sharpe Ratio is 1.86, which is higher than the ALTFX Sharpe Ratio of 0.71. The chart below compares the historical Sharpe Ratios of SCYVX and ALTFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SCYVX	ALTFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.86	0.71	+1.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.18	0.16	+0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.37	0.64	-0.26
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.28	+0.08

Drawdowns

SCYVX vs. ALTFX - Drawdown Comparison

The maximum SCYVX drawdown since its inception was -47.74%, smaller than the maximum ALTFX drawdown of -80.01%. Use the drawdown chart below to compare losses from any high point for SCYVX and ALTFX.

Drawdown Indicators

	SCYVX	ALTFX	Difference
Max Drawdown Largest peak-to-trough decline	-47.74%	-80.01%	+32.27%
Max Drawdown (1Y) Largest decline over 1 year	-8.71%	-15.81%	+7.10%
Max Drawdown (3Y) Largest decline over 3 years	-27.12%	-22.92%	-4.20%
Max Drawdown (5Y) Largest decline over 5 years	-29.12%	-35.87%	+6.75%
Max Drawdown (10Y) Largest decline over 10 years	-47.74%	-35.87%	-11.87%
Current Drawdown Current decline from peak	0.00%	-0.99%	+0.99%
Average Drawdown Average peak-to-trough decline	-9.46%	-36.95%	+27.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.97%	5.28%	-2.31%

Volatility

SCYVX vs. ALTFX - Volatility Comparison

AB Small Cap Value Portfolio (SCYVX) and AB Sustainable Global Thematic Fund (ALTFX) have volatilities of 4.94% and 4.89%, 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.

Volatility by Period

	SCYVX	ALTFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.94%	4.89%	+0.05%
Volatility (6M) Calculated over the trailing 6-month period	11.47%	11.56%	-0.09%
Volatility (1Y) Calculated over the trailing 1-year period	17.32%	14.48%	+2.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.80%	18.19%	+3.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.99%	18.05%	+5.94%

SCYVX vs. ALTFX - Expense Ratio Comparison

SCYVX has a 0.92% expense ratio, which is lower than ALTFX's 1.02% expense ratio.

Dividends

SCYVX vs. ALTFX - Dividend Comparison

SCYVX's dividend yield for the trailing twelve months is around 4.05%, less than ALTFX's 12.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ALTFX AB Sustainable Global Thematic Fund	12.80%	13.53%	8.18%	0.03%	2.61%	9.99%	7.23%	6.01%	8.36%	0.00%	4.05%	0.00%
SCYVX AB Small Cap Value Portfolio	4.05%	4.87%	4.23%	0.52%	5.15%	7.39%	0.55%	5.37%	6.44%	5.67%	0.54%	0.52%

Frequently Asked Questions

Can I hold both SCYVX and ALTFX in my portfolio?

SCYVX and ALTFX have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SCYVX or ALTFX?

SCYVX has higher volatility (4.94%) compared to ALTFX (4.89%). In terms of maximum drawdown, SCYVX dropped -47.74% vs ALTFX's -80.01%.

Which has better risk-adjusted returns?

SCYVX currently has the higher Sharpe Ratio (1.86 vs 0.71), 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.