TAAGX vs. ALMRX

Last updated Aug 5, 2026

TAAGX (Timothy Plan Aggressive Growth Fund) and ALMRX (Alger MidCap Growth Institutional Fund) are both Mid Cap Growth Equities funds. Over the past 10 years, TAAGX returned 15.48%/yr vs 12.56%/yr for ALMRX. Their 0.47 correlation means their historical movements had little consistent relationship. TAAGX charges 1.61%/yr vs 1.44%/yr for ALMRX.

Performance

TAAGX vs. ALMRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Timothy Plan Aggressive Growth Fund (TAAGX) and Alger MidCap Growth Institutional Fund (ALMRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TAAGX achieves a 27.71% return, which is significantly higher than ALMRX's 6.62% return. Over the past 10 years, TAAGX has outperformed ALMRX with an annualized return of 15.48%, while ALMRX has yielded a comparatively lower 12.56% annualized return.

TAAGX

• 1D: 1.96%
• 1M: -3.34%
• 6M: 13.80%
• YTD: 27.71%
• 1Y: 40.84%
• 3Y*: 29.28%
• 5Y*: 14.12%
• 10Y*: 15.48%
• ALL TIME*: 6.27%

ALMRX

• 1D: 2.30%
• 1M: -2.13%
• 6M: 8.02%
• YTD: 6.62%
• 1Y: 9.43%
• 3Y*: 15.91%
• 5Y*: 2.81%
• 10Y*: 12.56%
• ALL TIME*: 12.54%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ALMRX Alger MidCap Growth Institutional Fund	$0.00	$0.00	$0.00
TAAGX Timothy Plan Aggressive Growth Fund	$0.00	$0.00	$0.00

TAAGX vs. ALMRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TAAGX Timothy Plan Aggressive Growth Fund	27.71%	16.01%	36.81%	26.46%	-25.98%	17.90%	36.11%	27.71%	-12.17%	19.12%
ALMRX Alger MidCap Growth Institutional Fund	6.62%	17.01%	20.02%	22.68%	-35.28%	6.17%	64.25%	29.79%	-7.77%	28.75%

Correlation

The correlation between TAAGX and ALMRX is 0.81, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.81
Correlation (3Y) Balances recent behavior with more history.	0.87
Correlation (5Y) Shows whether the relationship held over a longer period.	0.90
Correlation (10Y) Provides a long-term view across more market conditions.	0.88
Correlation (All Time) Calculated using the full available price history since Oct 24, 2000	0.47

Over the past year, TAAGX and ALMRX have become more correlated (0.81) than their long-term average of 0.47, meaning their price movements have been converging.

Return for Risk

TAAGX vs. ALMRX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TAAGX

TAAGX Risk / Return Rank: 70
TAAGX Sharpe Ratio Rank: 69
TAAGX Sortino Ratio Rank: 60
TAAGX Omega Ratio Rank: 56
TAAGX Calmar Ratio Rank: 81
TAAGX Martin Ratio Rank: 84

ALMRX

ALMRX Risk / Return Rank: 14
ALMRX Sharpe Ratio Rank: 13
ALMRX Sortino Ratio Rank: 14
ALMRX Omega Ratio Rank: 13
ALMRX Calmar Ratio Rank: 14
ALMRX Martin Ratio Rank: 16

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TAAGX vs. ALMRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Timothy Plan Aggressive Growth Fund (TAAGX) and Alger MidCap Growth Institutional Fund (ALMRX). 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.

	TAAGX	ALMRX	Difference
Sharpe ratio: Return per unit of total volatility	1.78	0.60	+1.19
Sortino ratio: Return per unit of downside risk	2.36	0.98	+1.38
Omega ratio: Gain probability vs. loss probability	1.30	1.11	+0.19
Calmar ratio: Return relative to maximum drawdown	2.90	0.75	+2.15
Martin ratio: Return relative to average drawdown	11.35	2.32	+9.03

TAAGX vs. ALMRX - Sharpe Ratio Comparison

The current TAAGX Sharpe Ratio is 1.78, which is higher than the ALMRX Sharpe Ratio of 0.60. The chart below compares the historical Sharpe Ratios of TAAGX and ALMRX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TAAGX vs. ALMRX - Drawdown Comparison

The maximum TAAGX drawdown since its inception was -62.13%, smaller than the maximum ALMRX drawdown of -73.80%. Use the drawdown chart below to compare losses from any high point for TAAGX and ALMRX.

Drawdown Indicators

	TAAGX	ALMRX	Difference
Max Drawdown Largest peak-to-trough decline	-62.13%	-73.80%	+11.67%
Max Drawdown (1Y) Largest decline over 1 year	-14.93%	-16.06%	+1.13%
Max Drawdown (3Y) Largest decline over 3 years	-29.24%	-26.71%	-2.53%
Max Drawdown (5Y) Largest decline over 5 years	-34.47%	-64.01%	+29.54%
Max Drawdown (10Y) Largest decline over 10 years	-34.47%	-64.01%	+29.54%
Current Drawdown Current decline from peak	-10.09%	-31.14%	+21.05%
Average Drawdown Average peak-to-trough decline	-18.61%	-22.25%	+3.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.80%	5.19%	-1.39%

Volatility

TAAGX vs. ALMRX - Volatility Comparison

Timothy Plan Aggressive Growth Fund (TAAGX) has a higher volatility of 7.99% compared to Alger MidCap Growth Institutional Fund (ALMRX) at 5.78%. This indicates that TAAGX's price experiences larger fluctuations and is considered to be riskier than ALMRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TAAGX	ALMRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.99%	5.78%	+2.21%
Volatility (6M) Calculated over the trailing 6-month period	20.28%	15.96%	+4.32%
Volatility (1Y) Calculated over the trailing 1-year period	24.31%	20.26%	+4.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.01%	48.56%	-24.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.55%	37.81%	-15.26%

TAAGX vs. ALMRX - Expense Ratio Comparison

TAAGX has a 1.61% expense ratio, which is higher than ALMRX's 1.44% expense ratio.

Dividends

TAAGX vs. ALMRX - Dividend Comparison

TAAGX's dividend yield for the trailing twelve months is around 2.69%, while ALMRX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ALMRX Alger MidCap Growth Institutional Fund	0.00%	0.00%	0.00%	0.00%	0.00%	77.91%	12.19%	8.56%	7.91%	0.00%	0.00%	0.00%
TAAGX Timothy Plan Aggressive Growth Fund	2.69%	3.44%	17.62%	3.12%	3.06%	8.89%	5.75%	0.00%	7.57%	0.00%	0.00%	15.71%

Frequently Asked Questions

Can I hold both TAAGX and ALMRX in my portfolio?

TAAGX and ALMRX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TAAGX or ALMRX?

TAAGX has higher volatility (7.99%) compared to ALMRX (5.78%). In terms of maximum drawdown, TAAGX dropped -62.13% vs ALMRX's -73.80%.

Which has better risk-adjusted returns?

TAAGX currently has the higher Sharpe Ratio (1.78 vs 0.60), 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.