AAETX vs. IVV
Compare and contrast key facts about American Funds 2030 Target Date Retirement Fund (AAETX) and iShares Core S&P 500 ETF (IVV).
AAETX is managed by American Funds. It was launched on Jan 31, 2007. IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAETX or IVV.
Performance
AAETX vs. IVV - Performance Comparison
Returns By Period
In the year-to-date period, AAETX achieves a 11.15% return, which is significantly lower than IVV's 26.15% return. Over the past 10 years, AAETX has underperformed IVV with an annualized return of 7.33%, while IVV has yielded a comparatively higher 13.16% annualized return.
AAETX
11.15%
-0.61%
6.41%
16.91%
7.61%
7.33%
IVV
26.15%
1.77%
13.61%
32.34%
15.68%
13.16%
Key characteristics
| AAETX | IVV | |
|---|---|---|
| Sharpe Ratio | 2.35 | 2.70 |
| Sortino Ratio | 3.36 | 3.60 |
| Omega Ratio | 1.44 | 1.50 |
| Calmar Ratio | 2.26 | 3.90 |
| Martin Ratio | 15.36 | 17.56 |
| Ulcer Index | 1.12% | 1.87% |
| Daily Std Dev | 7.29% | 12.16% |
| Max Drawdown | -48.18% | -55.25% |
| Current Drawdown | -1.27% | -0.85% |
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AAETX vs. IVV - Expense Ratio Comparison
AAETX has a 0.33% expense ratio, which is higher than IVV's 0.03% expense ratio.
Correlation
The correlation between AAETX and IVV 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.
Risk-Adjusted Performance
AAETX vs. IVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds 2030 Target Date Retirement Fund (AAETX) and iShares Core S&P 500 ETF (IVV). 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. IVV - Dividend Comparison
AAETX's dividend yield for the trailing twelve months is around 1.78%, more than IVV's 1.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAETX American Funds 2030 Target Date Retirement Fund | 1.78% | 1.98% | 1.78% | 0.98% | 1.38% | 1.33% | 1.35% | 1.04% | 1.11% | 0.85% | 5.04% | 3.43% |
IVV iShares Core S&P 500 ETF | 1.25% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.21% | 1.75% | 2.01% | 2.27% | 1.83% | 1.80% |
Drawdowns
AAETX vs. IVV - Drawdown Comparison
The maximum AAETX drawdown since its inception was -48.18%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for AAETX and IVV. For additional features, visit the drawdowns tool.
Volatility
AAETX vs. IVV - Volatility Comparison
The current volatility for American Funds 2030 Target Date Retirement Fund (AAETX) is 1.92%, while iShares Core S&P 500 ETF (IVV) has a volatility of 3.98%. This indicates that AAETX experiences smaller price fluctuations and is considered to be less risky than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.