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 305 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
SWLVX	Schwab U.S. Large-Cap Value Index Fund	0.04%	—	Dec 2017	RIDAX vs SWLVX
FLCOX	Fidelity Large Cap Value Index Fund	0.04%	—	Jun 2016	RIDAX vs FLCOX
VIVIX	Vanguard Value Index Fund Institutional Shares	0.04%	—	Jul 1998	RIDAX vs VIVIX
TILVX	TIAA-CREF Large-Cap Value Index Fund	0.05%	—	Oct 2002	RIDAX vs TILVX

Best Risk-Adjusted Alternatives to RIDAX

RIDAX has a PortfoliosLab risk / return rank of 48. There are 207 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
VALAX	Al Frank Fund	95	—	May 2006	RIDAX vs VALAX
FSWCX	Fidelity SAI U.S. Value Index Fund	95	—	Dec 2017	RIDAX vs FSWCX
SABTX	SA U.S. Value Fund	95	—	Aug 1999	RIDAX vs SABTX

Top Performing RIDAX Alternatives (YTD)

RIDAX is at 5.64% YTD. There are 266 mutual funds in the Large Cap Value Equities category with higher YTD returns, going as high as 31.39%.

Symbol	Name	YTD Return	AUM	Inception
YAFFX	AMG Yacktman Focused Fund	31.39%	—	May 1997	RIDAX vs YAFFX
PKAIX	PIMCO RAE US Fund	23.68%	—	Jun 2015	RIDAX vs PKAIX
VALAX	Al Frank Fund	21.52%	—	May 2006	RIDAX vs VALAX
AVLVX	Avantis U.S. Large Cap Value Fund Institutional Cl...	20.67%	—	Jun 2022	RIDAX vs AVLVX
YACKX	AMG Yacktman Fund	20.51%	—	Jul 1992	RIDAX vs YACKX

Lowest Volatility Alternatives to RIDAX

RIDAX has 7.14% 1-year volatility. There are 2 mutual funds in the Large Cap Value Equities category with lower 1-year volatility, going as low as 2.91%.

Symbol	Name	Volatility 1Y	AUM	Inception
SHXPX	American Beacon Shapiro Equity Opportunities Fund	2.91%	—	Sep 2017	RIDAX vs SHXPX
ACTIX	Advisors Capital Tactical Fixed Income Fund	3.65%	—	Feb 2021	RIDAX vs ACTIX
FLCCX	Fidelity Advisor Large Cap Fund Class C	8.08%	—	Nov 1997	RIDAX vs FLCCX
FALIX	Fidelity Advisor Large Cap Fund Class I	8.08%	—	Feb 1996	RIDAX vs FALIX
FALGX	Fidelity Advisor Large Cap Fund Class M	8.08%	—	Feb 1996	RIDAX vs FALGX

Lowest Drawdown Alternatives to RIDAX

RIDAX has a 1-year max drawdown of -6.13%. There are 41 mutual funds in the Large Cap Value Equities category with shallower 1-year drawdowns, going as shallow as -2.83%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
BUFBX	Buffalo Flexible Income Fund	-2.83%	—	Aug 1994	RIDAX vs BUFBX
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
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, RGAGX and span 6 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ABALX	American Funds American Balanced Fund Class A	Diversified Portfolio	85	9.71%	—	Jul 1975	RIDAX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	58	10.91%	—	Jan 1934	RIDAX vs AIVSX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	37	10.60%	—	Dec 1973	RIDAX vs RGAGX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	38	5.47%	—	Jul 1952	RIDAX vs AWSHX
RERGX	American Funds EuroPacific Growth Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities	41	11.72%	—	—	RIDAX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities	77	15.14%	—	Jan 1978	RIDAX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Large Cap Growth Equities, Global Equities	29	7.27%	—	Mar 1973	RIDAX vs ANWPX
GFFFX	American Funds The Growth Fund of America	Large Cap Growth Equities	36	10.54%	—	Dec 1973	RIDAX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend	52	5.99%	—	Dec 1973	RIDAX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	29	7.17%	—	Jan 1967	RIDAX vs AMCPX

Often Compared With RIDAX

Investors most often compare RIDAX with DDVCX, VEIPX, QRVLX. 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	23	4.83%	—	Apr 2002	RIDAX vs DDVCX
VEIPX	Vanguard Equity Income Fund Investor Shares	Large Cap Value Equities	63	8.84%	66.00B	Mar 1988	RIDAX vs VEIPX
QRVLX	FPA Queens Road Value Fund	Large Cap Value Equities	20	9.63%	—	Jun 2002	RIDAX vs QRVLX
PEIYX	Putnam Large Cap Value Fund	Large Cap Value Equities	76	8.67%	—	Jan 1998	RIDAX vs PEIYX
HNDDX	Horizon Active Dividend Fund	Large Cap Value Equities	85	10.43%	—	Dec 2016	RIDAX vs HNDDX
SFLNX	Schwab Fundamental US Large Company Index Fund	Large Cap Value Equities	92	14.13%	12.67B	Apr 2007	RIDAX vs SFLNX
VWNAX	Vanguard Windsor II Fund Admiral Shares	Large Cap Value Equities	61	7.27%	64.90B	May 2001	RIDAX vs VWNAX
OIEJX	JPMorgan Equity Income Fund R6	Large Cap Value Equities, Dividend	60	9.28%	—	Jul 1987	RIDAX vs OIEJX
OANMX	Oakmark Fund Institutional Class	Large Cap Value Equities	16	-0.04%	—	Nov 2016	RIDAX vs OANMX
FDETX	Fidelity Advisor Capital Development Fund Class O	Large Cap Value Equities	79	10.17%	—	Dec 1985	RIDAX vs FDETX
TMMAX	SEI Institutional Managed Trust Tax-Managed Manage...	Large Cap Value Equities	22	4.94%	—	Dec 2007	RIDAX vs TMMAX
PEYAX	Putnam Large Cap Value Fund	Large Cap Value Equities	75	8.55%	—	Jun 1977	RIDAX vs PEYAX
VHYAX	Vanguard High Dividend Yield Index Fund Admiral Sh...	Large Cap Value Equities, Dividend	78	11.57%	94.60B	Feb 2019	RIDAX vs VHYAX
SAIFX	ClearBridge Large Cap Value Fund	Large Cap Value Equities	46	7.35%	—	May 1958	RIDAX vs SAIFX
TVLYX	Touchstone Value Fund	Large Cap Value Equities	40	8.38%	—	Sep 1998	RIDAX vs TVLYX
LSVVX	LSV Conservative Value Equity Fund	Large Cap Value Equities	92	15.43%	—	Mar 2007	RIDAX vs LSVVX
AFMFX	American Funds American Mutual Fund Class F-3	Large Cap Value Equities	40	6.12%	—	Feb 1950	RIDAX vs AFMFX
CFVLX	Commerce Value Fund	Large Cap Value Equities	55	9.20%	—	Mar 1997	RIDAX vs CFVLX
ACIIX	American Century Equity Income Fund Class I	Large Cap Value Equities	38	5.70%	—	Jul 1998	RIDAX vs ACIIX
FDGFX	Fidelity Dividend Growth Fund	Large Cap Value Equities	87	17.60%	—	Apr 1993	RIDAX vs FDGFX

Compare RIDAX with Any Fund or Stock

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

Symbol name

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