AABWX vs. ACFOX

Last updated Aug 1, 2026

AABWX (American Century One Choice Blend+ 2030 Portfolio) and ACFOX (American Century Investments Focused Dynamic Growth Fund) are both mutual funds - AABWX is a Target Retirement Date fund managed by American Century, while ACFOX is a Large Cap Growth Equities fund managed by American Century. Over the past 5 years, AABWX returned 5.02%/yr vs 6.84%/yr for ACFOX. Their 0.79 correlation means they have sometimes moved together and sometimes differently. AABWX charges 0.57%/yr vs 0.85%/yr for ACFOX.

Performance

AABWX vs. ACFOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century One Choice Blend+ 2030 Portfolio (AABWX) and American Century Investments Focused Dynamic Growth Fund (ACFOX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AABWX achieves a 6.02% return, which is significantly higher than ACFOX's -3.37% return.

AABWX

• 1D: 0.96%
• 1M: -0.09%
• 6M: 4.03%
• YTD: 6.02%
• 1Y: 12.65%
• 3Y*: 10.68%
• 5Y*: 5.02%
• 10Y*: —
• ALL TIME*: 5.75%

ACFOX

• 1D: 2.14%
• 1M: -6.95%
• 6M: -2.97%
• YTD: -3.37%
• 1Y: 10.03%
• 3Y*: 19.72%
• 5Y*: 6.84%
• 10Y*: 17.29%
• ALL TIME*: 11.89%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AABWX American Century One Choice Blend+ 2030 Portfolio	$0.00	$0.00	$0.00
ACFOX American Century Investments Focused Dynamic Growth Fund	$0.00	$0.00	$0.00

AABWX vs. ACFOX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
AABWX American Century One Choice Blend+ 2030 Portfolio	6.02%	13.88%	8.51%	12.74%	-14.49%	7.03%
ACFOX American Century Investments Focused Dynamic Growth Fund	-3.37%	20.51%	43.30%	35.66%	-36.32%	7.74%

Correlation

The correlation between AABWX and ACFOX is 0.76, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.76
Correlation (3Y) Balances recent behavior with more history.	0.73
Correlation (5Y) Shows whether the relationship held over a longer period.	0.80
Correlation (All Time) Calculated using the full available price history since Mar 10, 2021	0.79

The correlation between AABWX and ACFOX has been stable across timeframes, ranging from 0.73 to 0.80 - a consistent structural relationship.

Return for Risk

AABWX vs. ACFOX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AABWX

AABWX Risk / Return Rank: 66
AABWX Sharpe Ratio Rank: 68
AABWX Sortino Ratio Rank: 68
AABWX Omega Ratio Rank: 66
AABWX Calmar Ratio Rank: 59
AABWX Martin Ratio Rank: 70

ACFOX

ACFOX Risk / Return Rank: 10
ACFOX Sharpe Ratio Rank: 10
ACFOX Sortino Ratio Rank: 11
ACFOX Omega Ratio Rank: 10
ACFOX Calmar Ratio Rank: 11
ACFOX Martin Ratio Rank: 11

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AABWX vs. ACFOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century One Choice Blend+ 2030 Portfolio (AABWX) and American Century Investments Focused Dynamic Growth Fund (ACFOX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AABWX	ACFOX	Difference
Sharpe ratio: Return per unit of total volatility	1.66	0.34	+1.32
Sortino ratio: Return per unit of downside risk	2.41	0.61	+1.80
Omega ratio: Gain probability vs. loss probability	1.30	1.07	+0.23
Calmar ratio: Return relative to maximum drawdown	2.12	0.44	+1.68
Martin ratio: Return relative to average drawdown	8.92	1.29	+7.63

AABWX vs. ACFOX - Sharpe Ratio Comparison

The current AABWX Sharpe Ratio is 1.66, which is higher than the ACFOX Sharpe Ratio of 0.34. The chart below compares the historical Sharpe Ratios of AABWX and ACFOX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AABWX vs. ACFOX - Drawdown Comparison

The maximum AABWX drawdown since its inception was -21.55%, smaller than the maximum ACFOX drawdown of -58.92%. Use the drawdown chart below to compare losses from any high point for AABWX and ACFOX.

Drawdown Indicators

	AABWX	ACFOX	Difference
Max Drawdown Largest peak-to-trough decline	-21.55%	-58.92%	+37.37%
Max Drawdown (1Y) Largest decline over 1 year	-5.71%	-16.52%	+10.81%
Max Drawdown (3Y) Largest decline over 3 years	-9.06%	-27.03%	+17.97%
Max Drawdown (5Y) Largest decline over 5 years	-21.55%	-43.77%	+22.22%
Max Drawdown (10Y) Largest decline over 10 years	—	-43.77%	—
Current Drawdown Current decline from peak	-0.51%	-12.52%	+12.01%
Average Drawdown Average peak-to-trough decline	-5.26%	-14.65%	+9.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.35%	5.60%	-4.25%

Volatility

AABWX vs. ACFOX - Volatility Comparison

The current volatility for American Century One Choice Blend+ 2030 Portfolio (AABWX) is 1.98%, while American Century Investments Focused Dynamic Growth Fund (ACFOX) has a volatility of 6.53%. This indicates that AABWX experiences smaller price fluctuations and is considered to be less risky than ACFOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AABWX	ACFOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.98%	6.53%	-4.55%
Volatility (6M) Calculated over the trailing 6-month period	5.94%	17.21%	-11.27%
Volatility (1Y) Calculated over the trailing 1-year period	7.27%	21.17%	-13.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.51%	25.65%	-16.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.32%	23.96%	-14.64%

AABWX vs. ACFOX - Expense Ratio Comparison

AABWX has a 0.57% expense ratio, which is lower than ACFOX's 0.85% expense ratio.

Dividends

AABWX vs. ACFOX - Dividend Comparison

AABWX's dividend yield for the trailing twelve months is around 3.96%, less than ACFOX's 7.82% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AABWX American Century One Choice Blend+ 2030 Portfolio	3.96%	4.19%	3.09%	2.07%	3.35%	2.62%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ACFOX American Century Investments Focused Dynamic Growth Fund	7.82%	7.56%	0.00%	0.00%	0.00%	2.48%	0.62%	0.00%	0.00%	0.00%	1.15%	1.33%

Frequently Asked Questions

Can I hold both AABWX and ACFOX in my portfolio?

AABWX and ACFOX have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AABWX or ACFOX?

ACFOX has higher volatility (6.53%) compared to AABWX (1.98%). In terms of maximum drawdown, AABWX dropped -21.55% vs ACFOX's -58.92%.

Which has better risk-adjusted returns?

AABWX currently has the higher Sharpe Ratio (1.66 vs 0.34), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.