AAETX vs. NDARX
Compare and contrast key facts about American Funds 2030 Target Date Retirement Fund (AAETX) and American Funds Retirement Income Portfolio - Enhanced (NDARX).
AAETX is managed by American Funds. It was launched on Jan 31, 2007. NDARX is managed by American Funds. It was launched on Aug 27, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAETX or NDARX.
Key characteristics
| AAETX | NDARX | |
|---|---|---|
| YTD Return | 12.33% | 13.66% |
| 1Y Return | 22.66% | 23.59% |
| 3Y Return (Ann) | 3.89% | 5.39% |
| 5Y Return (Ann) | 8.45% | 8.02% |
| Sharpe Ratio | 2.92 | 3.11 |
| Sortino Ratio | 4.25 | 4.52 |
| Omega Ratio | 1.56 | 1.60 |
| Calmar Ratio | 1.64 | 2.08 |
| Martin Ratio | 19.87 | 22.10 |
| Ulcer Index | 1.13% | 1.06% |
| Daily Std Dev | 7.72% | 7.56% |
| Max Drawdown | -48.18% | -23.62% |
| Current Drawdown | -0.22% | -0.14% |
Correlation
The correlation between AAETX and NDARX is 0.97, 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. NDARX - Performance Comparison
In the year-to-date period, AAETX achieves a 12.33% return, which is significantly lower than NDARX's 13.66% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AAETX vs. NDARX - Expense Ratio Comparison
AAETX has a 0.33% expense ratio, which is lower than NDARX's 0.34% expense ratio.
Risk-Adjusted Performance
AAETX vs. NDARX - 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 Retirement Income Portfolio - Enhanced (NDARX). 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. NDARX - Dividend Comparison
AAETX's dividend yield for the trailing twelve months is around 2.39%, less than NDARX's 3.16% 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% |
NDARX American Funds Retirement Income Portfolio - Enhanced | 3.16% | 3.37% | 5.60% | 4.29% | 2.91% | 4.03% | 4.29% | 2.68% | 2.86% | 0.71% | 0.00% | 0.00% |
Drawdowns
AAETX vs. NDARX - Drawdown Comparison
The maximum AAETX drawdown since its inception was -48.18%, which is greater than NDARX's maximum drawdown of -23.62%. Use the drawdown chart below to compare losses from any high point for AAETX and NDARX. For additional features, visit the drawdowns tool.
Volatility
AAETX vs. NDARX - Volatility Comparison
American Funds 2030 Target Date Retirement Fund (AAETX) and American Funds Retirement Income Portfolio - Enhanced (NDARX) have volatilities of 1.67% and 1.64%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.