WPSGX vs. RPXIX
Compare and contrast key facts about AB Concentrated Growth Fund (WPSGX) and RiverPark Large Growth Fund (RPXIX).
WPSGX is managed by AllianceBernstein. It was launched on Feb 28, 1994. RPXIX is managed by RiverPark Funds. It was launched on Sep 30, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WPSGX or RPXIX.
Correlation
The correlation between WPSGX and RPXIX is 0.86, 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
WPSGX vs. RPXIX - Performance Comparison
Key characteristics
WPSGX:
0.14
RPXIX:
0.98
WPSGX:
0.26
RPXIX:
1.32
WPSGX:
1.04
RPXIX:
1.19
WPSGX:
0.10
RPXIX:
0.44
WPSGX:
0.69
RPXIX:
5.65
WPSGX:
3.11%
RPXIX:
2.95%
WPSGX:
15.85%
RPXIX:
17.11%
WPSGX:
-64.30%
RPXIX:
-59.98%
WPSGX:
-17.76%
RPXIX:
-25.11%
Returns By Period
In the year-to-date period, WPSGX achieves a 1.80% return, which is significantly lower than RPXIX's 16.77% return. Over the past 10 years, WPSGX has outperformed RPXIX with an annualized return of 6.71%, while RPXIX has yielded a comparatively lower 4.55% annualized return.
WPSGX
1.80%
-11.90%
-5.59%
2.31%
4.48%
6.71%
RPXIX
16.77%
-6.03%
4.67%
16.96%
5.80%
4.55%
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WPSGX vs. RPXIX - Expense Ratio Comparison
WPSGX has a 0.75% expense ratio, which is lower than RPXIX's 0.91% expense ratio.
Risk-Adjusted Performance
WPSGX vs. RPXIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AB Concentrated Growth Fund (WPSGX) and RiverPark Large Growth Fund (RPXIX). 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
WPSGX vs. RPXIX - Dividend Comparison
Neither WPSGX nor RPXIX has paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
AB Concentrated Growth Fund | 0.00% | 0.36% | 0.00% | 0.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RiverPark Large Growth Fund | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.66% | 0.15% | 0.26% | 0.20% |
Drawdowns
WPSGX vs. RPXIX - Drawdown Comparison
The maximum WPSGX drawdown since its inception was -64.30%, which is greater than RPXIX's maximum drawdown of -59.98%. Use the drawdown chart below to compare losses from any high point for WPSGX and RPXIX. For additional features, visit the drawdowns tool.
Volatility
WPSGX vs. RPXIX - Volatility Comparison
AB Concentrated Growth Fund (WPSGX) has a higher volatility of 10.36% compared to RiverPark Large Growth Fund (RPXIX) at 8.27%. This indicates that WPSGX's price experiences larger fluctuations and is considered to be riskier than RPXIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.