RIDAX Alternatives & Similar Mutual Funds

The Income Fund of America Class R-1 (RIDAX) belongs to the Large Cap Value Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with RIDAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to RIDAX

RIDAX charges 1.36% annually. There are 301 mutual funds in the Large Cap Value Equities category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
FBLEX	Fidelity Series Stock Selector Large Cap Value Fun...	0.01%	—	Dec 2012	RIDAX vs FBLEX
VIVIX	Vanguard Value Index Fund Institutional Shares	0.03%	—	Jul 1998	RIDAX vs VIVIX
FLCOX	Fidelity Large Cap Value Index Fund	0.04%	13.00B	Jun 2016	RIDAX vs FLCOX
SWLVX	Schwab U.S. Large-Cap Value Index Fund	0.04%	—	Dec 2017	RIDAX vs SWLVX
VVIAX	Vanguard Value Index Fund Admiral Shares	0.05%	245.00B	Nov 2000	RIDAX vs VVIAX

Best Risk-Adjusted Alternatives to RIDAX

RIDAX has a PortfoliosLab risk / return rank of 48. There are 224 mutual funds in the Large Cap Value Equities category with higher risk-adjusted ranks, going as high as 96.

Symbol	Name	Risk / Return Rank	AUM	Inception
FGIPX	Nomura Growth and Income Fund Institutional Class	96	—	Oct 1993	RIDAX vs FGIPX
FGINX	Delaware Growth and Income Fund	96	—	Oct 1993	RIDAX vs FGINX
MALVX	BlackRock Advantage Large Cap Value Fund	95	—	Dec 1999	RIDAX vs MALVX
IDIVX	Integrity Dividend Harvest Fund	95	—	May 2012	RIDAX vs IDIVX
AVLVX	Avantis U.S. Large Cap Value Fund Institutional Cl...	94	—	Jun 2022	RIDAX vs AVLVX

Top Performing RIDAX Alternatives (YTD)

RIDAX is at 6.48% YTD. There are 293 mutual funds in the Large Cap Value Equities category with higher YTD returns, going as high as 25.44%.

Symbol	Name	YTD Return	AUM	Inception
PKAIX	PIMCO RAE US Fund	25.44%	—	Jun 2015	RIDAX vs PKAIX
LEXCX	Voya Corporate Leaders Trust Fund	24.02%	—	Nov 1935	RIDAX vs LEXCX
AVLVX	Avantis U.S. Large Cap Value Fund Institutional Cl...	23.70%	—	Jun 2022	RIDAX vs AVLVX
VALAX	Al Frank Fund	22.75%	—	May 2006	RIDAX vs VALAX
YAFFX	AMG Yacktman Focused Fund	22.70%	—	May 1997	RIDAX vs YAFFX

Lowest Volatility Alternatives to RIDAX

RIDAX has 7.37% 1-year volatility. There are 2 mutual funds in the Large Cap Value Equities category with lower 1-year volatility, going as low as 1.33%.

Symbol	Name	Volatility 1Y	AUM	Inception
SHXPX	American Beacon Shapiro Equity Opportunities Fund	1.33%	—	Sep 2017	RIDAX vs SHXPX
ACTIX	Advisors Capital Tactical Fixed Income Fund	3.62%	—	Feb 2021	RIDAX vs ACTIX
FALGX	Fidelity Advisor Large Cap Fund Class M	7.50%	—	Feb 1996	RIDAX vs FALGX
TMMAX	SEI Institutional Managed Trust Tax-Managed Manage...	8.51%	—	Dec 2007	RIDAX vs TMMAX
TWEIX	American Century Equity Income Fund	8.55%	6.45B	Aug 1994	RIDAX vs TWEIX

Lowest Drawdown Alternatives to RIDAX

RIDAX has a 1-year max drawdown of -6.13%. There are 37 mutual funds in the Large Cap Value Equities category with shallower 1-year drawdowns, going as shallow as -2.90%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
ACTIX	Advisors Capital Tactical Fixed Income Fund	-2.90%	—	Feb 2021	RIDAX vs ACTIX
HFCVX	Hennessy Cornerstone Value Fund	-3.77%	—	Nov 1996	RIDAX vs HFCVX
BUFBX	Buffalo Flexible Income Fund	-4.45%	—	Aug 1994	RIDAX vs BUFBX
TORYX	Torray Fund	-4.50%	—	Dec 1990	RIDAX vs TORYX
SVAIX	Federated Hermes Strategic Value Dividend Fund	-4.66%	—	Mar 2005	RIDAX vs SVAIX

Other Mutual Funds from American Funds

The 10 most viewed American Funds mutual funds shown here include ABALX, AIVSX, AWSHX and span 7 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ABALX	American Funds American Balanced Fund Class A	Diversified Portfolio	79	9.44%	—	Jul 1975	RIDAX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	40	10.50%	—	Jan 1934	RIDAX vs AIVSX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	39	8.07%	—	Jul 1952	RIDAX vs AWSHX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	24	9.06%	—	Dec 1973	RIDAX vs RGAGX
RERGX	American Funds EUPAC Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities, Actively Managed	37	10.66%	—	May 2009	RIDAX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities, Actively Managed	62	14.17%	—	Aug 1978	RIDAX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Global Equities, Large Cap Growth Equities, Actively Managed	24	6.76%	—	Mar 1973	RIDAX vs ANWPX
GFFFX	American Funds The Growth Fund of America Class F-...	Large Cap Growth Equities	24	9.00%	—	Dec 1973	RIDAX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend	55	6.96%	—	Dec 1973	RIDAX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	20	6.73%	—	Jan 1967	RIDAX vs AMCPX

Often Compared With RIDAX

Investors most often compare RIDAX with DDVCX, QRVLX, HNDDX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
DDVCX	Nomura Value Fund Class C	Large Cap Value Equities	29	7.35%	—	Apr 2002	RIDAX vs DDVCX
QRVLX	FPA Queens Road Value Fund	Large Cap Value Equities	19	11.34%	—	Jun 2002	RIDAX vs QRVLX
HNDDX	Horizon Active Dividend Fund	Large Cap Value Equities	83	11.67%	—	Dec 2016	RIDAX vs HNDDX
VEIPX	Vanguard Equity Income Fund Investor Shares	Large Cap Value Equities	70	10.64%	66.40B	Mar 1988	RIDAX vs VEIPX
PEIYX	Putnam Large Cap Value Fund	Large Cap Value Equities	84	12.42%	—	Jan 1998	RIDAX vs PEIYX
VWNAX	Vanguard Windsor II Fund Admiral Shares	Large Cap Value Equities	65	8.87%	65.40B	May 2001	RIDAX vs VWNAX
SFLNX	Schwab Fundamental US Large Company Index Fund	Large Cap Value Equities	92	16.34%	12.97B	Apr 2007	RIDAX vs SFLNX
OIEJX	JPMorgan Equity Income Fund R6	Large Cap Value Equities, Dividend	82	15.35%	—	Jul 1987	RIDAX vs OIEJX
FDETX	Fidelity Advisor Capital Development Fund Class O	Large Cap Value Equities	73	11.65%	—	Dec 1985	RIDAX vs FDETX
VHYAX	Vanguard High Dividend Yield Index Fund Admiral Sh...	Large Cap Value Equities, Dividend	81	13.61%	96.10B	Feb 2019	RIDAX vs VHYAX
CFVLX	Commerce Value Fund	Large Cap Value Equities	70	13.10%	—	Mar 1997	RIDAX vs CFVLX
OANMX	Oakmark Fund Institutional Class	Large Cap Value Equities	16	3.10%	—	Nov 2016	RIDAX vs OANMX
SAIFX	ClearBridge Large Cap Value Fund	Large Cap Value Equities	77	12.66%	—	May 1958	RIDAX vs SAIFX
LSVVX	LSV Conservative Value Equity Fund	Large Cap Value Equities	94	17.83%	—	Mar 2007	RIDAX vs LSVVX
TVLYX	Touchstone Value Fund	Large Cap Value Equities	33	10.10%	—	Sep 1998	RIDAX vs TVLYX
AFMFX	American Funds American Mutual Fund Class F-3	Large Cap Value Equities	51	9.84%	—	Feb 1950	RIDAX vs AFMFX
PEYAX	Putnam Large Cap Value Fund	Large Cap Value Equities	83	12.28%	—	Jun 1977	RIDAX vs PEYAX
SVYAX	SEI Institutional Investments Trust U.S. Managed V...	Large Cap Value Equities	51	9.20%	—	Dec 2008	RIDAX vs SVYAX
ACIIX	American Century Equity Income Fund Class I	Large Cap Value Equities	67	10.87%	—	Jul 1998	RIDAX vs ACIIX
BEGIX	Sterling Capital Equity Income Fund	Large Cap Value Equities	12	7.44%	—	Jun 2004	RIDAX vs BEGIX

Compare RIDAX with Any Fund or Stock

Compare RIDAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair RIDAX with funds that move differently

The Income Fund of America Class R-1 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RIDAX.

Explore RIDAX Diversifiers

The Income Fund of America Class R-1 (RIDAX) Alternatives