ALAI vs MXF

Comparison between ALGER AI ENABLERS & ADOPTERS ETF (ALAI, ETF) and Mexico Fund Inc (MXF, ETF).

ALAI vs MXF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ALAI(ETF)	MXF(ETF)
Net Assets	$355M	$356M
Expense Ratio	0.58%	N/A
Max Drawdown	29.36%	84.70%
Sharpe Ratio	1.71	1.39
5Y Beta	1.52	0.60
P/E Ratio	42.27	N/A
Forward P/E	30.24	N/A
PEG Ratio	0.41	N/A
5Y Dividends CAGR	N/A	51.15%
5Y EPS CAGR	43.22%	N/A
P/S Ratio	2.93	N/A
P/B Ratio	10.80	N/A

Net Assets

ALAI

$355M

Winner

MXF

$356M

Expense Ratio

ALAI

0.58%

MXF

N/A

Max Drawdown

Winner

ALAI

29.36%

MXF

84.70%

Sharpe Ratio

Winner

ALAI

1.71

MXF

1.39

5Y Beta

ALAI

1.52

Winner

MXF

0.60

P/E Ratio

ALAI

42.27

MXF

N/A

Forward P/E

ALAI

30.24

MXF

N/A

PEG Ratio

ALAI

0.41

MXF

N/A

5Y Dividends CAGR

ALAI

N/A

MXF

51.15%

5Y EPS CAGR

ALAI

43.22%

MXF

N/A

P/S Ratio

ALAI

2.93

MXF

N/A

P/B Ratio

ALAI

10.80

MXF

N/A

ALAI vs MXF - Historical Returns

Returns include dividend reinvestment.

Period	ALAI	MXF
1 month	+6.34%	+0.19%
3 months	+26.26%	+1.95%
6 months	+17.98%	+13.12%
1 year	+53.21%	+33.07%
5 years(CAGR)	N/A	+12.74%
10 years(CAGR)	N/A	+7.63%
Max(CAGR)	+43.96%	+9.45%

Winner

ALAI

+6.34%

MXF

+0.19%

Winner

ALAI

+26.26%

MXF

+1.95%

Winner

ALAI

+17.98%

MXF

+13.12%

Winner

ALAI

+53.21%

MXF

+33.07%

5Y(CAGR)

ALAI

N/A

MXF

+12.74%

10Y(CAGR)

ALAI

N/A

MXF

+7.63%

Max(CAGR)

Winner

ALAI

+43.96%

MXF

+9.45%

ALAI vs MXF - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	ALAI	MXF
2026	+19.17%	+9.21%
2025	+38.27%	+58.74%
2024	+31.47%	-26.66%
2023	N/A	+33.75%
2022	N/A	-1.64%
2021	N/A	+16.95%
2020	N/A	+0.98%
2019	N/A	+9.27%
2018	N/A	-13.61%
2017	N/A	+15.48%
2016	N/A	-9.76%
2015	N/A	-11.91%
2014	N/A	-20.72%
2013	N/A	+7.89%
2012	N/A	+42.43%
2011	N/A	-13.18%
2010	N/A	+39.80%
2009	N/A	+56.67%
2008	N/A	-45.06%
2007	N/A	-10.43%
2006	N/A	+48.31%
2005	N/A	+44.97%
2004	N/A	+33.87%
2003	N/A	+39.75%
2002	N/A	-18.37%
2001	N/A	+32.91%
2000	N/A	-14.07%
1999	N/A	+20.86%

ALAI vs MXF Drawdown Comparison

The maximum drawdown for ALAI was -29.36%, occurring on Apr 4, 2025. Recovery took 80 trading sessions.

The maximum drawdown for MXF was -71.79%, occurring on Mar 2, 2009. Recovery took 1188 trading sessions.

The current ALAI drawdown is -7.36%. The current MXF drawdown is -4.67%.

Rank	ALAI	MXF
#1	-29.36% Feb 14, 2025 - Jun 11, 2025	-71.79% Oct 26, 2007 - Jul 16, 2012
#2	-19.51% Oct 29, 2025 - Apr 17, 2026	-69.74% Apr 2, 2013 - Aug 8, 2025
#3	-15.99% Jul 10, 2024 - Sep 24, 2024	-40.98% Apr 10, 2002 - Jan 5, 2004
#4	-8.76% Apr 11, 2024 - May 14, 2024	-34.42% Mar 8, 2000 - May 22, 2001
#5	-7.56% Jan 23, 2025 - Feb 13, 2025	-28.66% Jul 5, 2001 - Jan 3, 2002
#6	-7.36% Jun 1, 2026 - Jun 5, 2026	-23.35% May 10, 2006 - Oct 5, 2006
#7	-5.18% Dec 6, 2024 - Jan 6, 2025	-16.67% Apr 2, 2004 - Dec 1, 2004
#8	-5.07% Aug 12, 2025 - Aug 28, 2025	-16.64% Jul 13, 2007 - Oct 26, 2007
#9	-4.58% Oct 9, 2025 - Oct 27, 2025	-16.15% Mar 7, 2005 - Jun 15, 2005
#10	-4.39% Jan 6, 2025 - Jan 21, 2025	-14.03% Feb 27, 2026 - Mar 20, 2026
#11	-4.07% May 14, 2026 - May 21, 2026	-11.90% Feb 23, 2007 - May 18, 2007
#12	-3.53% Jul 31, 2025 - Aug 7, 2025	-11.19% Jan 14, 2000 - Feb 4, 2000
#13	-3.08% May 28, 2024 - Jun 5, 2024	-10.85% Oct 5, 2012 - Dec 20, 2012
#14	-2.98% Oct 29, 2024 - Nov 6, 2024	-9.19% Feb 10, 2000 - Mar 2, 2000
#15	-2.89% Jun 18, 2024 - Jul 3, 2024	-8.94% Oct 3, 2005 - Nov 10, 2005

Correlation

Correlation between ALAI and MXF is 0.84 which considered as a strong positive correlation - the stocks tend to move together.

0.84

-101

Dividend Comparison (2000 - 2026)

ALAI vs MXF dividend yield comparison.

Year	ALAI	MXF
2026	0.00%	3.27%
2025	1.50%	4.67%
2024	0.66%	6.67%
2023	0.00%	4.19%
2022	0.00%	4.88%
2021	0.00%	2.29%
2020	0.00%	3.15%
2019	0.00%	7.28%
2018	0.00%	5.13%
2017	0.00%	3.37%
2016	0.00%	5.03%
2015	0.00%	10.90%
2014	0.00%	13.83%
2013	0.00%	10.84%
2012	0.00%	8.32%
2011	0.00%	14.63%
2010	0.00%	9.02%
2009	0.00%	8.25%
2008	0.00%	23.02%
2007	0.00%	2.56%
2006	0.00%	10.06%
2005	0.00%	10.25%
2004	0.00%	3.29%
2003	0.00%	1.86%
2002	0.00%	15.17%
2001	0.00%	17.69%
2000	0.00%	0.86%