AADHX vs. BULIX

Last updated Jun 3, 2026

AADHX (American Century One Choice Blend+ 2045 Portfolio) and BULIX (American Century Utilities Fund) are both mutual funds - AADHX is a Target Retirement Date fund managed by American Century, while BULIX is a Utilities Equities fund managed by American Century. Over the past 5 years, AADHX returned 7.73%/yr vs 8.21%/yr for BULIX. At a 0.46 correlation, their price movements are largely independent. AADHX charges 0.58%/yr vs 0.65%/yr for BULIX.

Performance

AADHX vs. BULIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century One Choice Blend+ 2045 Portfolio (AADHX) and American Century Utilities Fund (BULIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AADHX achieves a 9.32% return, which is significantly higher than BULIX's 4.40% return.

AADHX

• 1D: 0.15%
• 1M: 3.17%
• YTD: 9.32%
• 6M: 10.75%
• 1Y: 23.60%
• 3Y*: 16.44%
• 5Y*: 7.73%
• 10Y*: —

BULIX

• 1D: 1.70%
• 1M: -5.06%
• YTD: 4.40%
• 6M: 2.91%
• 1Y: 10.79%
• 3Y*: 15.11%
• 5Y*: 8.21%
• 10Y*: 6.86%

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

AADHX vs. BULIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
AADHX American Century One Choice Blend+ 2045 Portfolio	9.32%	18.02%	13.03%	15.62%	-16.57%	8.63%
BULIX American Century Utilities Fund	4.40%	16.76%	24.32%	-7.51%	-4.37%	16.20%

Correlation

The correlation between AADHX and BULIX is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (3Y) Calculated over the trailing 3-year period	0.38
Correlation (5Y) Calculated over the trailing 5-year period	0.47
Correlation (All Time) Calculated using the full available price history since Mar 11, 2021	0.46

The correlation between AADHX and BULIX shifts across timeframes, from 0.27 (1 year) to 0.47 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

AADHX vs. BULIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AADHX

AADHX Risk / Return Rank: 66
AADHX Sharpe Ratio Rank: 68
AADHX Sortino Ratio Rank: 66
AADHX Omega Ratio Rank: 64
AADHX Calmar Ratio Rank: 61
AADHX Martin Ratio Rank: 68

BULIX

BULIX Risk / Return Rank: 11
BULIX Sharpe Ratio Rank: 10
BULIX Sortino Ratio Rank: 9
BULIX Omega Ratio Rank: 10
BULIX Calmar Ratio Rank: 13
BULIX Martin Ratio Rank: 10

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AADHX vs. BULIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century One Choice Blend+ 2045 Portfolio (AADHX) and American Century Utilities Fund (BULIX). 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.

	AADHX	BULIX	Difference
Sharpe ratio Return per unit of total volatility	2.42	0.81	+1.61
Sortino ratio Return per unit of downside risk	3.39	1.17	+2.21
Omega ratio Gain probability vs. loss probability	1.45	1.15	+0.30
Calmar ratio Return relative to maximum drawdown	3.00	1.26	+1.74
Martin ratio Return relative to average drawdown	13.20	3.11	+10.09
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AADHX vs. BULIX - Sharpe Ratio Comparison

The current AADHX Sharpe Ratio is 2.42, which is higher than the BULIX Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of AADHX and BULIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AADHX	BULIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.42	0.81	+1.61
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.59	0.49	+0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.38	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	0.45	+0.20

Drawdowns

AADHX vs. BULIX - Drawdown Comparison

The maximum AADHX drawdown since its inception was -25.04%, smaller than the maximum BULIX drawdown of -55.21%. Use the drawdown chart below to compare losses from any high point for AADHX and BULIX.

Drawdown Indicators

	AADHX	BULIX	Difference
Max Drawdown Largest peak-to-trough decline	-25.04%	-55.21%	+30.17%
Max Drawdown (1Y) Largest decline over 1 year	-7.97%	-8.93%	+0.96%
Max Drawdown (3Y) Largest decline over 3 years	-13.61%	-16.54%	+2.93%
Max Drawdown (5Y) Largest decline over 5 years	-25.04%	-24.56%	-0.48%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.86%	—
Current Drawdown Current decline from peak	0.00%	-7.38%	+7.38%
Average Drawdown Average peak-to-trough decline	-6.35%	-10.03%	+3.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.81%	3.61%	-1.80%

Volatility

AADHX vs. BULIX - Volatility Comparison

The current volatility for American Century One Choice Blend+ 2045 Portfolio (AADHX) is 2.96%, while American Century Utilities Fund (BULIX) has a volatility of 5.15%. This indicates that AADHX experiences smaller price fluctuations and is considered to be less risky than BULIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AADHX	BULIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.96%	5.15%	-2.19%
Volatility (6M) Calculated over the trailing 6-month period	7.91%	11.14%	-3.23%
Volatility (1Y) Calculated over the trailing 1-year period	10.01%	13.85%	-3.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.14%	16.71%	-3.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.03%	18.05%	-5.02%

AADHX vs. BULIX - Expense Ratio Comparison

AADHX has a 0.58% expense ratio, which is lower than BULIX's 0.65% expense ratio.

Dividends

AADHX vs. BULIX - Dividend Comparison

AADHX's dividend yield for the trailing twelve months is around 3.58%, less than BULIX's 10.93% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AADHX American Century One Choice Blend+ 2045 Portfolio	3.58%	3.92%	4.29%	2.09%	3.15%	2.78%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
BULIX American Century Utilities Fund	10.93%	11.60%	2.36%	2.65%	7.78%	7.50%	7.55%	2.97%	6.91%	7.70%	6.99%	5.87%

Frequently Asked Questions

Can I hold both AADHX and BULIX in my portfolio?

AADHX and BULIX have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AADHX or BULIX?

BULIX has higher volatility (5.15%) compared to AADHX (2.96%). In terms of maximum drawdown, AADHX dropped -25.04% vs BULIX's -55.21%.

Which has better risk-adjusted returns?

AADHX currently has the higher Sharpe Ratio (2.42 vs 0.81), 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.