Correlation
The correlation between AAETX and AGTHX is 0.95, 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. 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.
Performance
AAETX vs. AGTHX - Performance Comparison
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Key characteristics
AAETX:
1.17
AGTHX:
0.76
AAETX:
1.48
AGTHX:
1.12
AAETX:
1.21
AGTHX:
1.16
AAETX:
1.17
AGTHX:
0.75
AAETX:
5.17
AGTHX:
2.67
AAETX:
1.96%
AGTHX:
6.08%
AAETX:
9.79%
AGTHX:
23.02%
AAETX:
-49.35%
AGTHX:
-51.65%
AAETX:
-0.06%
AGTHX:
-3.22%
Returns By Period
In the year-to-date period, AAETX achieves a 4.53% return, which is significantly higher than AGTHX's 3.22% return. Over the past 10 years, AAETX has underperformed AGTHX with an annualized return of 7.29%, while AGTHX has yielded a comparatively higher 12.80% annualized return.
AAETX
4.53%
3.16%
2.89%
11.30%
7.70%
8.32%
7.29%
AGTHX
3.22%
8.36%
1.91%
17.25%
16.06%
14.01%
12.80%
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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 Rank
AAETX
AGTHX
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.
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Dividends
AAETX vs. AGTHX - Dividend Comparison
AAETX's dividend yield for the trailing twelve months is around 3.57%, less than AGTHX's 8.71% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAETX American Funds 2030 Target Date Retirement Fund | 3.57% | 3.73% | 2.69% | 4.39% | 6.47% | 3.57% | 3.94% | 4.46% | 2.47% | 3.45% | 5.52% | 4.01% |
AGTHX American Funds The Growth Fund of America Class A | 8.71% | 8.99% | 6.81% | 0.75% | 8.18% | 4.30% | 7.15% | 11.99% | 7.03% | 6.61% | 8.87% | 9.90% |
Drawdowns
AAETX vs. AGTHX - Drawdown Comparison
The maximum AAETX drawdown since its inception was -49.35%, roughly equal to the maximum AGTHX drawdown of -51.65%. Use the drawdown chart below to compare losses from any high point for AAETX and AGTHX.
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Volatility
AAETX vs. AGTHX - Volatility Comparison
The current volatility for American Funds 2030 Target Date Retirement Fund (AAETX) is 2.21%, while American Funds The Growth Fund of America Class A (AGTHX) has a volatility of 5.51%. 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.
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