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TRFM vs. ALAI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


TRFMALAI
Daily Std Dev21.00%22.97%
Max Drawdown-26.91%-15.99%
Current Drawdown0.00%0.00%

Correlation

-0.50.00.51.00.8

The correlation between TRFM and ALAI is 0.82, 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

TRFM vs. ALAI - Performance Comparison

The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
15.52%
27.32%
TRFM
ALAI

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


TRFM vs. ALAI - Expense Ratio Comparison

TRFM has a 0.49% expense ratio, which is lower than ALAI's 0.55% expense ratio.


ALAI
Alger AI Enablers & Adopters ETF
Expense ratio chart for ALAI: current value at 0.55% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.55%
Expense ratio chart for TRFM: current value at 0.49% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.49%

Risk-Adjusted Performance

TRFM vs. ALAI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for AAM Transformers ETF (TRFM) and Alger AI Enablers & Adopters ETF (ALAI). 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.


TRFM
Sharpe ratio
The chart of Sharpe ratio for TRFM, currently valued at 2.02, compared to the broader market-2.000.002.004.002.02
Sortino ratio
The chart of Sortino ratio for TRFM, currently valued at 2.62, compared to the broader market-2.000.002.004.006.008.0010.0012.002.62
Omega ratio
The chart of Omega ratio for TRFM, currently valued at 1.35, compared to the broader market1.001.502.002.503.001.35
Calmar ratio
The chart of Calmar ratio for TRFM, currently valued at 2.64, compared to the broader market0.005.0010.0015.002.64
Martin ratio
The chart of Martin ratio for TRFM, currently valued at 9.39, compared to the broader market0.0020.0040.0060.0080.00100.009.39
ALAI
Sharpe ratio
No data

TRFM vs. ALAI - Sharpe Ratio Comparison


Chart placeholderNot enough data

Dividends

TRFM vs. ALAI - Dividend Comparison

Neither TRFM nor ALAI has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

TRFM vs. ALAI - Drawdown Comparison

The maximum TRFM drawdown since its inception was -26.91%, which is greater than ALAI's maximum drawdown of -15.99%. Use the drawdown chart below to compare losses from any high point for TRFM and ALAI. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember00
TRFM
ALAI

Volatility

TRFM vs. ALAI - Volatility Comparison

The current volatility for AAM Transformers ETF (TRFM) is 5.75%, while Alger AI Enablers & Adopters ETF (ALAI) has a volatility of 6.32%. This indicates that TRFM experiences smaller price fluctuations and is considered to be less risky than ALAI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
5.75%
6.32%
TRFM
ALAI