AAATX vs. MGK
Compare and contrast key facts about American Funds 2010 Target Date Retirement Fund (AAATX) and Vanguard Mega Cap Growth ETF (MGK).
AAATX is managed by American Funds. It was launched on Jan 31, 2007. MGK is a passively managed fund by Vanguard that tracks the performance of the MSCI US Large Cap Growth Index. It was launched on Dec 17, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAATX or MGK.
Performance
AAATX vs. MGK - Performance Comparison
Returns By Period
In the year-to-date period, AAATX achieves a 8.49% return, which is significantly lower than MGK's 29.83% return. Over the past 10 years, AAATX has underperformed MGK with an annualized return of 5.06%, while MGK has yielded a comparatively higher 16.23% annualized return.
AAATX
8.49%
-0.65%
6.05%
13.44%
5.22%
5.06%
MGK
29.83%
1.82%
14.74%
34.36%
20.06%
16.23%
Key characteristics
| AAATX | MGK | |
|---|---|---|
| Sharpe Ratio | 2.60 | 2.03 |
| Sortino Ratio | 3.77 | 2.66 |
| Omega Ratio | 1.50 | 1.37 |
| Calmar Ratio | 2.17 | 2.59 |
| Martin Ratio | 16.08 | 9.82 |
| Ulcer Index | 0.84% | 3.57% |
| Daily Std Dev | 5.22% | 17.30% |
| Max Drawdown | -37.63% | -48.36% |
| Current Drawdown | -1.29% | -1.38% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AAATX vs. MGK - Expense Ratio Comparison
AAATX has a 0.34% expense ratio, which is higher than MGK's 0.07% expense ratio.
Correlation
The correlation between AAATX and MGK is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
AAATX vs. MGK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds 2010 Target Date Retirement Fund (AAATX) and Vanguard Mega Cap Growth ETF (MGK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
AAATX vs. MGK - Dividend Comparison
AAATX's dividend yield for the trailing twelve months is around 2.58%, more than MGK's 0.42% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAATX American Funds 2010 Target Date Retirement Fund | 2.58% | 2.80% | 2.48% | 1.52% | 2.40% | 2.04% | 2.08% | 1.71% | 1.74% | 1.42% | 6.12% | 7.48% |
MGK Vanguard Mega Cap Growth ETF | 0.42% | 0.50% | 0.70% | 0.41% | 0.65% | 0.85% | 1.12% | 1.23% | 1.53% | 1.43% | 1.25% | 1.29% |
Drawdowns
AAATX vs. MGK - Drawdown Comparison
The maximum AAATX drawdown since its inception was -37.63%, smaller than the maximum MGK drawdown of -48.36%. Use the drawdown chart below to compare losses from any high point for AAATX and MGK. For additional features, visit the drawdowns tool.
Volatility
AAATX vs. MGK - Volatility Comparison
The current volatility for American Funds 2010 Target Date Retirement Fund (AAATX) is 1.33%, while Vanguard Mega Cap Growth ETF (MGK) has a volatility of 5.40%. This indicates that AAATX experiences smaller price fluctuations and is considered to be less risky than MGK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.