AAETX vs. AGTHX
Compare and contrast key facts about American Funds 2030 Target Date Retirement Fund (AAETX) and American Funds The Growth Fund of America Class A (AGTHX).
AAETX is managed by American Funds. It was launched on Jan 31, 2007. AGTHX is managed by Equity. It was launched on Dec 1, 1973.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAETX or AGTHX.
Key characteristics
| AAETX | AGTHX | |
|---|---|---|
| YTD Return | 12.33% | 24.89% |
| 1Y Return | 22.66% | 39.49% |
| 3Y Return (Ann) | 3.89% | 5.43% |
| 5Y Return (Ann) | 8.45% | 15.92% |
| 10Y Return (Ann) | 8.19% | 14.18% |
| Sharpe Ratio | 2.92 | 2.58 |
| Sortino Ratio | 4.25 | 3.40 |
| Omega Ratio | 1.56 | 1.46 |
| Calmar Ratio | 1.64 | 1.50 |
| Martin Ratio | 19.87 | 16.02 |
| Ulcer Index | 1.13% | 2.48% |
| Daily Std Dev | 7.72% | 15.37% |
| Max Drawdown | -48.18% | -65.35% |
| Current Drawdown | -0.22% | -0.85% |
Correlation
The correlation between AAETX and AGTHX is 0.94, 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.
Performance
AAETX vs. AGTHX - Performance Comparison
In the year-to-date period, AAETX achieves a 12.33% return, which is significantly lower than AGTHX's 24.89% return. Over the past 10 years, AAETX has underperformed AGTHX with an annualized return of 8.19%, while AGTHX has yielded a comparatively higher 14.18% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AAETX vs. AGTHX - Expense Ratio Comparison
AAETX has a 0.33% expense ratio, which is lower than AGTHX's 0.61% expense ratio.
Risk-Adjusted Performance
AAETX vs. AGTHX - 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 The Growth Fund of America Class A (AGTHX). 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
AAETX vs. AGTHX - Dividend Comparison
AAETX's dividend yield for the trailing twelve months is around 2.39%, less than AGTHX's 5.45% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAETX American Funds 2030 Target Date Retirement Fund | 2.39% | 2.69% | 4.39% | 6.47% | 3.57% | 3.95% | 4.46% | 2.46% | 3.46% | 5.52% | 5.04% | 3.43% |
AGTHX American Funds The Growth Fund of America Class A | 5.45% | 6.81% | 0.75% | 8.18% | 4.55% | 7.89% | 12.71% | 7.54% | 6.61% | 8.87% | 9.90% | 6.71% |
Drawdowns
AAETX vs. AGTHX - Drawdown Comparison
The maximum AAETX drawdown since its inception was -48.18%, smaller than the maximum AGTHX drawdown of -65.35%. Use the drawdown chart below to compare losses from any high point for AAETX and AGTHX. For additional features, visit the drawdowns tool.
Volatility
AAETX vs. AGTHX - Volatility Comparison
The current volatility for American Funds 2030 Target Date Retirement Fund (AAETX) is 1.67%, while American Funds The Growth Fund of America Class A (AGTHX) has a volatility of 3.53%. This indicates that AAETX experiences smaller price fluctuations and is considered to be less risky than AGTHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.