AALTX vs. VOO
Compare and contrast key facts about American Funds 2050 Target Date Retirement Fund (AALTX) and Vanguard S&P 500 ETF (VOO).
AALTX is managed by American Funds. It was launched on Jan 31, 2007. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AALTX or VOO.
Correlation
The correlation between AALTX and VOO 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.
Performance
AALTX vs. VOO - Performance Comparison
Key characteristics
AALTX:
0.84
VOO:
1.47
AALTX:
1.19
VOO:
1.99
AALTX:
1.15
VOO:
1.27
AALTX:
0.84
VOO:
2.23
AALTX:
4.37
VOO:
9.05
AALTX:
2.18%
VOO:
2.08%
AALTX:
11.31%
VOO:
12.84%
AALTX:
-48.76%
VOO:
-33.99%
AALTX:
-3.99%
VOO:
-3.08%
Returns By Period
In the year-to-date period, AALTX achieves a 1.64% return, which is significantly higher than VOO's 1.40% return. Over the past 10 years, AALTX has underperformed VOO with an annualized return of 5.80%, while VOO has yielded a comparatively higher 13.01% annualized return.
AALTX
1.64%
-2.32%
0.49%
8.31%
7.23%
5.80%
VOO
1.40%
-1.79%
6.13%
17.41%
15.83%
13.01%
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AALTX vs. VOO - Expense Ratio Comparison
AALTX has a 0.33% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
AALTX vs. VOO — Risk-Adjusted Performance Rank
AALTX
VOO
AALTX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds 2050 Target Date Retirement Fund (AALTX) and Vanguard S&P 500 ETF (VOO). 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
AALTX vs. VOO - Dividend Comparison
AALTX's dividend yield for the trailing twelve months is around 1.04%, less than VOO's 1.23% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AALTX American Funds 2050 Target Date Retirement Fund | 1.04% | 1.06% | 1.28% | 0.74% | 0.73% | 0.63% | 0.86% | 0.94% | 0.79% | 0.92% | 0.65% | 4.70% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
AALTX vs. VOO - Drawdown Comparison
The maximum AALTX drawdown since its inception was -48.76%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for AALTX and VOO. For additional features, visit the drawdowns tool.
Volatility
AALTX vs. VOO - Volatility Comparison
The current volatility for American Funds 2050 Target Date Retirement Fund (AALTX) is 2.91%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.70%. This indicates that AALTX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.