MXF vs ALAI

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

MXF vs ALAI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

Winner

MXF

$356M

ALAI

$355M

Expense Ratio

MXF

N/A

ALAI

0.58%

Max Drawdown

MXF

84.70%

Winner

ALAI

29.36%

Sharpe Ratio

MXF

1.39

Winner

ALAI

1.71

5Y Beta

Winner

MXF

0.60

ALAI

1.52

P/E Ratio

MXF

N/A

ALAI

42.27

Forward P/E

MXF

N/A

ALAI

30.24

PEG Ratio

MXF

N/A

ALAI

0.41

5Y Dividends CAGR

MXF

51.15%

ALAI

N/A

5Y EPS CAGR

MXF

N/A

ALAI

43.22%

P/S Ratio

MXF

N/A

ALAI

2.93

P/B Ratio

MXF

N/A

ALAI

10.80

MXF vs ALAI - Historical Returns

Returns include dividend reinvestment.

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

MXF

+0.19%

Winner

ALAI

+6.34%

MXF

+1.95%

Winner

ALAI

+26.26%

MXF

+13.12%

Winner

ALAI

+17.98%

MXF

+33.07%

Winner

ALAI

+53.21%

5Y(CAGR)

MXF

+12.74%

ALAI

N/A

10Y(CAGR)

MXF

+7.63%

ALAI

N/A

Max(CAGR)

MXF

+9.45%

Winner

ALAI

+43.96%

MXF vs ALAI - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

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

MXF vs ALAI Drawdown Comparison

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

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

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

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

Correlation

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

0.84

-101

Dividend Comparison (2000 - 2026)

MXF vs ALAI dividend yield comparison.

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