AAGTX vs. VTMFX
Compare and contrast key facts about American Funds 2040 Target Date Retirement Fund (AAGTX) and Vanguard Tax-Managed Balanced Fund Admiral Shares (VTMFX).
AAGTX is managed by American Funds. It was launched on Jan 31, 2007. VTMFX is managed by Blackrock. It was launched on Sep 6, 1994.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAGTX or VTMFX.
Performance
AAGTX vs. VTMFX - Performance Comparison
Returns By Period
In the year-to-date period, AAGTX achieves a 14.78% return, which is significantly higher than VTMFX's 12.68% return. Over the past 10 years, AAGTX has outperformed VTMFX with an annualized return of 9.03%, while VTMFX has yielded a comparatively lower 7.52% annualized return.
AAGTX
14.78%
-0.89%
6.43%
21.70%
9.99%
9.03%
VTMFX
12.68%
0.66%
7.28%
17.97%
8.24%
7.52%
Key characteristics
| AAGTX | VTMFX | |
|---|---|---|
| Sharpe Ratio | 2.16 | 2.93 |
| Sortino Ratio | 2.99 | 4.14 |
| Omega Ratio | 1.40 | 1.57 |
| Calmar Ratio | 2.58 | 4.59 |
| Martin Ratio | 14.14 | 18.50 |
| Ulcer Index | 1.51% | 0.97% |
| Daily Std Dev | 9.90% | 6.12% |
| Max Drawdown | -48.78% | -28.49% |
| Current Drawdown | -2.03% | -0.61% |
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AAGTX vs. VTMFX - Expense Ratio Comparison
AAGTX has a 0.33% expense ratio, which is higher than VTMFX's 0.09% expense ratio.
Correlation
The correlation between AAGTX and VTMFX 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
AAGTX vs. VTMFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds 2040 Target Date Retirement Fund (AAGTX) and Vanguard Tax-Managed Balanced Fund Admiral Shares (VTMFX). 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
AAGTX vs. VTMFX - Dividend Comparison
AAGTX's dividend yield for the trailing twelve months is around 1.28%, less than VTMFX's 2.00% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAGTX American Funds 2040 Target Date Retirement Fund | 1.28% | 1.47% | 1.08% | 0.77% | 0.78% | 1.01% | 1.09% | 0.89% | 1.00% | 0.80% | 4.84% | 3.35% |
VTMFX Vanguard Tax-Managed Balanced Fund Admiral Shares | 2.00% | 1.94% | 1.85% | 1.38% | 1.73% | 2.06% | 2.22% | 2.00% | 2.13% | 2.06% | 2.00% | 2.06% |
Drawdowns
AAGTX vs. VTMFX - Drawdown Comparison
The maximum AAGTX drawdown since its inception was -48.78%, which is greater than VTMFX's maximum drawdown of -28.49%. Use the drawdown chart below to compare losses from any high point for AAGTX and VTMFX. For additional features, visit the drawdowns tool.
Volatility
AAGTX vs. VTMFX - Volatility Comparison
American Funds 2040 Target Date Retirement Fund (AAGTX) has a higher volatility of 2.81% compared to Vanguard Tax-Managed Balanced Fund Admiral Shares (VTMFX) at 2.06%. This indicates that AAGTX's price experiences larger fluctuations and is considered to be riskier than VTMFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.