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American Funds The Growth Fund of America Fund Cla...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

CUSIP
399874 30 4
Inception Date
Mar 15, 2001
Min. Investment
$250
Index Tracked
S&P 500
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Growth

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in American Funds The Growth Fund of America Fund Class C, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

American Funds The Growth Fund of America Fund Class C (GFACX) has returned -11.38% so far this year and 12.70% over the past 12 months. Looking at the last ten years, GFACX has achieved an annualized return of 13.05%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.


American Funds The Growth Fund of America Fund Class C

1D
-0.48%
1M
-9.70%
YTD
-11.38%
6M
-10.24%
1Y
12.70%
3Y*
17.95%
5Y*
7.70%
10Y*
13.05%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jan 2, 2002, GFACX's average daily return is +0.04%, while the average monthly return is +0.82%. At this rate, your investment would double in approximately 7.1 years.

Historically, 62% of months were positive and 38% were negative. The best month was Apr 2020 with a return of +14.2%, while the worst month was Oct 2008 at -17.6%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 6 months.

On a daily basis, GFACX closed higher 54% of trading days. The best single day was Dec 18, 2014 with a return of +13.9%, while the worst single day was Mar 16, 2020 at -11.5%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.53%-2.38%-9.70%-11.38%
20255.10%-3.82%-7.59%1.78%8.28%6.84%1.91%1.67%2.92%2.42%-0.94%-0.16%18.80%
20241.67%7.22%3.04%-4.42%4.00%4.22%-0.13%2.16%2.96%-0.49%6.65%-2.09%27.01%
20239.75%-2.05%3.24%0.64%2.63%6.92%4.10%-1.83%-4.69%-3.17%10.82%6.32%36.20%
2022-10.05%-3.70%2.90%-12.08%-2.14%-9.50%10.12%-3.47%-8.64%4.49%4.47%-6.61%-31.28%
2021-0.08%1.54%0.81%5.40%-0.74%3.32%0.93%3.52%-3.55%8.60%-2.88%0.76%18.41%

Benchmark Metrics

American Funds The Growth Fund of America Fund Class C has an annualized alpha of 2.02%, beta of 0.95, and R² of 0.89 versus S&P 500 Index. Calculated based on daily prices since January 03, 2002.

  • This fund captured 106.67% of S&P 500 Index gains but only 98.90% of its losses — a favorable profile for investors.
  • This fund generated an annualized alpha of 2.02% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
  • With beta of 0.95 and R² of 0.89, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

Alpha
2.02%
Beta
0.95
0.89
Upside Capture
106.67%
Downside Capture
98.90%

Expense Ratio

GFACX has a high expense ratio of 1.35%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

GFACX ranks 23 for risk / return — below 23% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


GFACX Risk / Return Rank: 2323
Overall Rank
GFACX Sharpe Ratio Rank: 2222
Sharpe Ratio Rank
GFACX Sortino Ratio Rank: 2424
Sortino Ratio Rank
GFACX Omega Ratio Rank: 2424
Omega Ratio Rank
GFACX Calmar Ratio Rank: 2222
Calmar Ratio Rank
GFACX Martin Ratio Rank: 2424
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for American Funds The Growth Fund of America Fund Class C (GFACX) and compare them to a chosen benchmark (S&P 500 Index).


GFACXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.60

0.90

-0.29

Sortino ratio

Return per unit of downside risk

1.01

1.39

-0.38

Omega ratio

Gain probability vs. loss probability

1.14

1.21

-0.07

Calmar ratio

Return relative to maximum drawdown

0.69

1.40

-0.71

Martin ratio

Return relative to average drawdown

2.66

6.61

-3.95

Explore GFACX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

American Funds The Growth Fund of America Fund Class C provided a 14.02% dividend yield over the last twelve months, with an annual payout of $8.36 per share. The fund has been increasing its distributions for 3 consecutive years.


4.00%6.00%8.00%10.00%12.00%$0.00$2.00$4.00$6.00$8.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$8.36$8.36$6.38$4.30$1.84$6.01$2.74$3.28$4.82$3.23$2.53$3.39

Dividend yield

14.02%12.43%10.01%7.82%4.22%9.11%4.48%7.03%12.28%7.04%6.43%8.73%

Monthly Dividends

The table displays the monthly dividend distributions for American Funds The Growth Fund of America Fund Class C. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$8.36$8.36
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$6.38$6.38
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$4.30$4.30
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.84$1.84
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$6.01$6.01

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the American Funds The Growth Fund of America Fund Class C. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the American Funds The Growth Fund of America Fund Class C was 52.39%, occurring on Mar 9, 2009. Recovery took 974 trading sessions.

The current American Funds The Growth Fund of America Fund Class C drawdown is 13.90%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-52.39%Nov 1, 2007339Mar 9, 2009974Jan 18, 20131313
-36.81%Nov 17, 2021229Oct 14, 2022358Mar 20, 2024587
-32.61%Jan 7, 2002192Oct 9, 2002307Dec 29, 2003499
-30.41%Feb 20, 202023Mar 23, 202071Jul 2, 202094
-21.66%Feb 18, 202536Apr 8, 202552Jun 24, 202588

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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