AACTX vs. AMECX
Compare and contrast key facts about American Funds 2020 Target Date Retirement Fund (AACTX) and American Funds The Income Fund of America Class A (AMECX).
AACTX is managed by American Funds. It was launched on Jan 31, 2007. AMECX is managed by American Funds. It was launched on Dec 1, 1973.
Performance
AACTX vs. AMECX - Performance Comparison
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Returns By Period
Over the past 10 years, AACTX has underperformed AMECX with an annualized return of 6.82%, while AMECX has yielded a comparatively higher 8.39% annualized return.
AACTX
- 1D
- 0.14%
- 1M
- -1.80%
- YTD
- 0.00%
- 6M
- 1.49%
- 1Y
- 14.86%
- 3Y*
- 9.57%
- 5Y*
- 5.30%
- 10Y*
- 6.82%
AMECX
- 1D
- 0.15%
- 1M
- -1.75%
- YTD
- 3.14%
- 6M
- 5.31%
- 1Y
- 21.01%
- 3Y*
- 12.35%
- 5Y*
- 8.14%
- 10Y*
- 8.39%
AACTX vs. AMECX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AACTX American Funds 2020 Target Date Retirement Fund | 0.00% | 13.91% | 8.63% | 10.06% | -11.29% | 10.28% | 10.61% | 15.25% | -3.03% | 12.46% |
AMECX American Funds The Income Fund of America Class A | 3.14% | 17.77% | 10.84% | 6.79% | -6.40% | 17.37% | 4.49% | 18.50% | -5.27% | 12.58% |
Correlation
The correlation between AACTX and AMECX is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification — they'll tend to fall together during downturns. For meaningful risk reduction, look for holdings with correlations below 0.5.
AACTX vs. AMECX - Expense Ratio Comparison
AACTX has a 0.33% expense ratio, which is lower than AMECX's 0.56% expense ratio.
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Return for Risk
AACTX vs. AMECX — Risk / Return Rank
AACTX
AMECX
AACTX vs. AMECX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds 2020 Target Date Retirement Fund (AACTX) and American Funds The Income Fund of America Class A (AMECX). 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.
| AACTX | AMECX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.55 | 1.63 | -0.08 |
Sortino ratioReturn per unit of downside risk | 2.20 | 2.24 | -0.04 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.34 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 2.09 | 1.92 | +0.17 |
Martin ratioReturn relative to average drawdown | 8.36 | 8.71 | -0.35 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AACTX | AMECX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.55 | 1.63 | -0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.72 | 0.87 | -0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.88 | 0.79 | +0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.72 | -0.22 |
Drawdowns
AACTX vs. AMECX - Drawdown Comparison
The maximum AACTX drawdown since its inception was -46.28%, which is greater than AMECX's maximum drawdown of -41.92%. Use the drawdown chart below to compare losses from any high point for AACTX and AMECX.
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Drawdown Indicators
| AACTX | AMECX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.28% | -41.92% | -4.36% |
Max Drawdown (1Y)Largest decline over 1 year | -5.12% | -6.13% | +1.01% |
Max Drawdown (5Y)Largest decline over 5 years | -17.18% | -15.78% | -1.40% |
Max Drawdown (10Y)Largest decline over 10 years | -17.18% | -26.13% | +8.95% |
Current DrawdownCurrent decline from peak | -3.41% | -4.20% | +0.79% |
Average DrawdownAverage peak-to-trough decline | -5.57% | -4.46% | -1.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.33% | 1.81% | -0.48% |
Volatility
AACTX vs. AMECX - Volatility Comparison
The current volatility for American Funds 2020 Target Date Retirement Fund (AACTX) is 2.64%, while American Funds The Income Fund of America Class A (AMECX) has a volatility of 3.11%. This indicates that AACTX experiences smaller price fluctuations and is considered to be less risky than AMECX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AACTX | AMECX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.64% | 3.11% | -0.47% |
Volatility (6M)Calculated over the trailing 6-month period | 4.31% | 5.64% | -1.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.09% | 9.54% | -2.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.44% | 9.44% | -2.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.75% | 10.67% | -2.92% |
Dividends
AACTX vs. AMECX - Dividend Comparison
AACTX's dividend yield for the trailing twelve months is around 7.80%, less than AMECX's 9.70% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AACTX American Funds 2020 Target Date Retirement Fund | 7.80% | 7.80% | 5.18% | 3.25% | 3.95% | 6.30% | 4.22% | 3.96% | 4.16% | 2.52% | 2.99% | 4.12% |
AMECX American Funds The Income Fund of America Class A | 9.70% | 9.94% | 6.38% | 2.93% | 6.98% | 6.67% | 2.80% | 5.01% | 7.48% | 4.26% | 3.09% | 5.09% |