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.
Correlation
The correlation between AAETX and IVV 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. IVV - Performance Comparison
Key characteristics
AAETX:
1.50
IVV:
1.89
AAETX:
2.06
IVV:
2.55
AAETX:
1.28
IVV:
1.35
AAETX:
1.13
IVV:
2.84
AAETX:
7.43
IVV:
11.79
AAETX:
1.53%
IVV:
2.03%
AAETX:
7.61%
IVV:
12.65%
AAETX:
-48.18%
IVV:
-55.25%
AAETX:
-0.54%
IVV:
-0.39%
Returns By Period
In the year-to-date period, AAETX achieves a 3.78% return, which is significantly lower than IVV's 4.21% return. Over the past 10 years, AAETX has underperformed IVV with an annualized return of 4.58%, while IVV has yielded a comparatively higher 13.25% annualized return.
AAETX
3.78%
1.42%
3.12%
11.52%
4.63%
4.58%
IVV
4.21%
1.28%
10.52%
24.47%
14.68%
13.25%
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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.
Risk-Adjusted Performance
AAETX vs. IVV — Risk-Adjusted Performance Rank
AAETX
IVV
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 2.01%, more than IVV's 1.25% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAETX American Funds 2030 Target Date Retirement Fund | 2.01% | 2.08% | 1.98% | 1.78% | 0.98% | 1.38% | 1.33% | 1.35% | 1.04% | 1.11% | 0.85% | 5.04% |
IVV iShares Core S&P 500 ETF | 1.25% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.21% | 1.75% | 2.01% | 2.27% | 1.83% |
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 1.69%, while iShares Core S&P 500 ETF (IVV) has a volatility of 2.91%. 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.