AAETX vs. MSFRX
Compare and contrast key facts about American Funds 2030 Target Date Retirement Fund (AAETX) and MFS Total Return Fund (MSFRX).
AAETX is managed by American Funds. It was launched on Jan 31, 2007. MSFRX is managed by MFS. It was launched on Oct 5, 1970.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAETX or MSFRX.
Key characteristics
| AAETX | MSFRX | |
|---|---|---|
| YTD Return | 8.18% | 7.84% |
| 1Y Return | 15.61% | 14.72% |
| 3Y Return (Ann) | 2.35% | 3.18% |
| 5Y Return (Ann) | 7.64% | 7.17% |
| 10Y Return (Ann) | 7.23% | 6.61% |
| Sharpe Ratio | 1.96 | 1.89 |
| Daily Std Dev | 7.95% | 7.80% |
| Max Drawdown | -48.18% | -36.74% |
| Current Drawdown | -2.08% | -1.36% |
Correlation
The correlation between AAETX and MSFRX is 0.92, 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. MSFRX - Performance Comparison
The year-to-date returns for both stocks are quite close, with AAETX having a 8.18% return and MSFRX slightly lower at 7.84%. Over the past 10 years, AAETX has outperformed MSFRX with an annualized return of 7.23%, while MSFRX has yielded a comparatively lower 6.61% 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. MSFRX - Expense Ratio Comparison
AAETX has a 0.33% expense ratio, which is lower than MSFRX's 0.72% expense ratio.
Risk-Adjusted Performance
AAETX vs. MSFRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds 2030 Target Date Retirement Fund (AAETX) and MFS Total Return Fund (MSFRX). 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. MSFRX - Dividend Comparison
AAETX's dividend yield for the trailing twelve months is around 2.48%, less than MSFRX's 5.99% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAETX American Funds 2030 Target Date Retirement Fund | 2.48% | 2.69% | 4.39% | 6.47% | 3.57% | 3.95% | 4.46% | 2.46% | 3.46% | 5.52% | 5.04% | 3.43% |
MSFRX MFS Total Return Fund | 5.99% | 6.19% | 5.38% | 8.33% | 6.93% | 3.22% | 4.99% | 5.67% | 3.54% | 5.77% | 4.58% | 2.85% |
Drawdowns
AAETX vs. MSFRX - Drawdown Comparison
The maximum AAETX drawdown since its inception was -48.18%, which is greater than MSFRX's maximum drawdown of -36.74%. Use the drawdown chart below to compare losses from any high point for AAETX and MSFRX. For additional features, visit the drawdowns tool.
Volatility
AAETX vs. MSFRX - Volatility Comparison
American Funds 2030 Target Date Retirement Fund (AAETX) has a higher volatility of 2.57% compared to MFS Total Return Fund (MSFRX) at 1.86%. This indicates that AAETX's price experiences larger fluctuations and is considered to be riskier than MSFRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.