Correlation
The correlation between AAETX and AABTX is 0.90, 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.
AAETX vs. AABTX
Compare and contrast key facts about American Funds 2030 Target Date Retirement Fund (AAETX) and American Funds 2015 Target Date Retirement Fund (AABTX).
AAETX is managed by American Funds. It was launched on Jan 31, 2007. AABTX is managed by American Funds. It was launched on Jan 31, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAETX or AABTX.
Performance
AAETX vs. AABTX - Performance Comparison
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Key characteristics
AAETX:
0.56
AABTX:
0.47
AAETX:
0.83
AABTX:
0.65
AAETX:
1.12
AABTX:
1.12
AAETX:
0.43
AABTX:
0.33
AAETX:
1.80
AABTX:
1.18
AAETX:
3.31%
AABTX:
3.49%
AAETX:
10.35%
AABTX:
8.28%
AAETX:
-52.59%
AABTX:
-46.33%
AAETX:
-4.12%
AABTX:
-5.57%
Returns By Period
The year-to-date returns for both stocks are quite close, with AAETX having a 5.64% return and AABTX slightly lower at 5.48%. Over the past 10 years, AAETX has outperformed AABTX with an annualized return of 3.13%, while AABTX has yielded a comparatively lower 1.39% annualized return.
AAETX
5.64%
2.14%
1.74%
6.01%
6.91%
3.81%
3.13%
AABTX
5.48%
1.82%
0.23%
4.04%
3.76%
1.77%
1.39%
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AAETX vs. AABTX - Expense Ratio Comparison
Both AAETX and AABTX have an expense ratio of 0.33%.
Risk-Adjusted Performance
AAETX vs. AABTX — Risk-Adjusted Performance Rank
AAETX
AABTX
AAETX vs. AABTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds 2030 Target Date Retirement Fund (AAETX) and American Funds 2015 Target Date Retirement Fund (AABTX). 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.
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Dividends
AAETX vs. AABTX - Dividend Comparison
AAETX's dividend yield for the trailing twelve months is around 3.53%, less than AABTX's 5.00% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAETX American Funds 2030 Target Date Retirement Fund | 3.53% | 3.73% | 2.69% | 4.39% | 6.47% | 3.57% | 3.94% | 4.46% | 2.47% | 3.45% | 5.52% | 4.01% |
AABTX American Funds 2015 Target Date Retirement Fund | 5.00% | 5.27% | 3.52% | 3.71% | 4.95% | 4.07% | 4.05% | 4.29% | 2.71% | 3.03% | 5.57% | 3.90% |
Drawdowns
AAETX vs. AABTX - Drawdown Comparison
The maximum AAETX drawdown since its inception was -52.59%, which is greater than AABTX's maximum drawdown of -46.33%. Use the drawdown chart below to compare losses from any high point for AAETX and AABTX.
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Volatility
AAETX vs. AABTX - Volatility Comparison
American Funds 2030 Target Date Retirement Fund (AAETX) has a higher volatility of 1.95% compared to American Funds 2015 Target Date Retirement Fund (AABTX) at 1.55%. This indicates that AAETX's price experiences larger fluctuations and is considered to be riskier than AABTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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