SLVRX vs. ALBAX
Compare and contrast key facts about Columbia Select Large Cap Value Fund Class R (SLVRX) and Alger Growth & Income Fund (ALBAX).
SLVRX is managed by Columbia Threadneedle. It was launched on Apr 30, 2003. ALBAX is managed by Alger. It was launched on Dec 31, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SLVRX or ALBAX.
Key characteristics
| SLVRX | ALBAX | |
|---|---|---|
| YTD Return | 16.58% | 21.96% |
| 1Y Return | 27.77% | 30.42% |
| 3Y Return (Ann) | 6.66% | 9.86% |
| 5Y Return (Ann) | 11.06% | 15.14% |
| 10Y Return (Ann) | 9.33% | 12.48% |
| Sharpe Ratio | 2.33 | 2.67 |
| Sortino Ratio | 3.20 | 3.57 |
| Omega Ratio | 1.42 | 1.49 |
| Calmar Ratio | 2.78 | 3.89 |
| Martin Ratio | 15.30 | 17.86 |
| Ulcer Index | 1.81% | 1.69% |
| Daily Std Dev | 11.90% | 11.29% |
| Max Drawdown | -60.30% | -40.56% |
| Current Drawdown | -0.94% | -0.63% |
Correlation
The correlation between SLVRX and ALBAX 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
SLVRX vs. ALBAX - Performance Comparison
In the year-to-date period, SLVRX achieves a 16.58% return, which is significantly lower than ALBAX's 21.96% return. Over the past 10 years, SLVRX has underperformed ALBAX with an annualized return of 9.33%, while ALBAX has yielded a comparatively higher 12.48% 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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SLVRX vs. ALBAX - Expense Ratio Comparison
SLVRX has a 1.05% expense ratio, which is higher than ALBAX's 0.98% expense ratio.
Risk-Adjusted Performance
SLVRX vs. ALBAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Select Large Cap Value Fund Class R (SLVRX) and Alger Growth & Income Fund (ALBAX). 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
SLVRX vs. ALBAX - Dividend Comparison
SLVRX's dividend yield for the trailing twelve months is around 1.53%, more than ALBAX's 1.03% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SLVRX Columbia Select Large Cap Value Fund Class R | 1.53% | 1.79% | 1.03% | 1.67% | 2.19% | 1.55% | 1.39% | 0.67% | 0.93% | 1.23% | 0.58% | 0.98% |
ALBAX Alger Growth & Income Fund | 1.03% | 1.29% | 1.24% | 0.85% | 1.20% | 1.46% | 1.64% | 1.19% | 1.53% | 1.57% | 1.78% | 1.60% |
Drawdowns
SLVRX vs. ALBAX - Drawdown Comparison
The maximum SLVRX drawdown since its inception was -60.30%, which is greater than ALBAX's maximum drawdown of -40.56%. Use the drawdown chart below to compare losses from any high point for SLVRX and ALBAX. For additional features, visit the drawdowns tool.
Volatility
SLVRX vs. ALBAX - Volatility Comparison
Columbia Select Large Cap Value Fund Class R (SLVRX) and Alger Growth & Income Fund (ALBAX) have volatilities of 3.54% and 3.44%, 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.