ALARX
Alger Capital Appreciation Institutional Fund Class I
Mutual fund
$63.98+0.51 (+0.80%)Close Oct 2, 2026
Nov 8, 1993 – Oct 2, 2026, Dividends reinvested
- Final balance
- $351,205
- CAGR
- +11.42%
- Max drawdown
- −69.27%
- Sharpe ratio
- 0.56
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Growth of $10,000
Trailing returns (%)
Annualized from 3Y- 1M
- +4.75%
- 3M
- +5.39%
- 6M
- +29.67%
- YTD
- +18.24%
- 1Y
- +15.92%
- 3Y
- +38.53%
- 5Y
- +17.05%
- 10Y
- +19.55%
- 15Y
- +18.64%
- 20Y
- +14.92%
- 25Y
- +13.00%
- 30Y
- +12.56%
- Since 1993
- +11.42%
Metrics
Since 1993| Volatility | 24.92% |
|---|---|
| Sortino ratio | 0.76 |
| Calmar ratio | 0.16 |
| Best year, 1999 | +88.82% |
| Worst year, 2008 | −43.89% |
| Positive years | 22 of 32 |
| Longest drawdown | 13 years |
Worst drawdowns
Since 1993| Decline | Peak | Bottom | Recovered | Length |
|---|---|---|---|---|
| −69.3% | Mar 2000 | Feb 2003 | Apr 2013 | 13 years |
| −46.9% | Dec 2021 | Dec 2022 | Jun 2024 | 2.5 years |
| −40.6% | May 1996 | Jul 1996 | Dec 1998 | 2.6 years |
| −29.6% | Feb 2020 | Mar 2020 | Jun 2020 | 4 months |
| −27.8% | Mar 1994 | Jun 1994 | Mar 1995 | 1 year |
Annual returns
1993 from Nov 8 · 2026 through Oct 2