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AAGTX vs. VTMFX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


-0.50.00.51.01.0

Performance

AAGTX vs. VTMFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds 2040 Target Date Retirement Fund (AAGTX) and Vanguard Tax-Managed Balanced Fund Admiral Shares (VTMFX). The values are adjusted to include any dividend payments, if applicable.

-4.00%-2.00%0.00%2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
5.26%
5.21%
AAGTX
VTMFX

Key characteristics

Sharpe Ratio

AAGTX:

1.65

VTMFX:

2.12

Sortino Ratio

AAGTX:

2.25

VTMFX:

2.93

Omega Ratio

AAGTX:

1.30

VTMFX:

1.40

Calmar Ratio

AAGTX:

2.80

VTMFX:

3.61

Martin Ratio

AAGTX:

10.75

VTMFX:

13.25

Ulcer Index

AAGTX:

1.56%

VTMFX:

1.02%

Daily Std Dev

AAGTX:

10.15%

VTMFX:

6.33%

Max Drawdown

AAGTX:

-48.78%

VTMFX:

-28.49%

Current Drawdown

AAGTX:

-2.89%

VTMFX:

-2.34%

Returns By Period

In the year-to-date period, AAGTX achieves a 14.78% return, which is significantly higher than VTMFX's 12.46% return. Over the past 10 years, AAGTX has outperformed VTMFX with an annualized return of 9.10%, while VTMFX has yielded a comparatively lower 7.44% annualized return.


AAGTX

YTD

14.78%

1M

-0.00%

6M

5.26%

1Y

15.62%

5Y*

9.21%

10Y*

9.10%

VTMFX

YTD

12.46%

1M

-0.50%

6M

5.09%

1Y

12.76%

5Y*

7.83%

10Y*

7.44%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


AAGTX vs. VTMFX - Expense Ratio Comparison

AAGTX has a 0.33% expense ratio, which is higher than VTMFX's 0.09% expense ratio.


AAGTX
American Funds 2040 Target Date Retirement Fund
Expense ratio chart for AAGTX: current value at 0.33% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.33%
Expense ratio chart for VTMFX: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

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.


Sharpe ratio
The chart of Sharpe ratio for AAGTX, currently valued at 1.65, compared to the broader market-1.000.001.002.003.004.001.652.12
The chart of Sortino ratio for AAGTX, currently valued at 2.25, compared to the broader market-2.000.002.004.006.008.0010.002.252.93
The chart of Omega ratio for AAGTX, currently valued at 1.30, compared to the broader market0.501.001.502.002.503.003.501.301.40
The chart of Calmar ratio for AAGTX, currently valued at 2.80, compared to the broader market0.002.004.006.008.0010.0012.0014.002.803.61
The chart of Martin ratio for AAGTX, currently valued at 10.75, compared to the broader market0.0020.0040.0060.0010.7513.25
AAGTX
VTMFX

The current AAGTX Sharpe Ratio is 1.65, which is comparable to the VTMFX Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of AAGTX and VTMFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.504.00JulyAugustSeptemberOctoberNovemberDecember
1.65
2.12
AAGTX
VTMFX

Dividends

AAGTX vs. VTMFX - Dividend Comparison

AAGTX's dividend yield for the trailing twelve months is around 1.28%, less than VTMFX's 1.54% yield.


TTM20232022202120202019201820172016201520142013
AAGTX
American Funds 2040 Target Date Retirement Fund
0.00%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
1.54%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.


-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.89%
-2.34%
AAGTX
VTMFX

Volatility

AAGTX vs. VTMFX - Volatility Comparison

American Funds 2040 Target Date Retirement Fund (AAGTX) has a higher volatility of 3.42% compared to Vanguard Tax-Managed Balanced Fund Admiral Shares (VTMFX) at 2.21%. 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.


1.00%2.00%3.00%4.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
3.42%
2.21%
AAGTX
VTMFX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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