AAMTX vs. ^GSPC
Compare and contrast key facts about American Funds 2055 Target Date Retirement Fund (AAMTX) and S&P 500 (^GSPC).
AAMTX is managed by American Funds. It was launched on Jan 31, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAMTX or ^GSPC.
Correlation
The correlation between AAMTX and ^GSPC is 0.96, 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
AAMTX vs. ^GSPC - Performance Comparison
Key characteristics
AAMTX:
1.61
^GSPC:
2.16
AAMTX:
2.19
^GSPC:
2.87
AAMTX:
1.29
^GSPC:
1.40
AAMTX:
2.56
^GSPC:
3.19
AAMTX:
10.21
^GSPC:
13.87
AAMTX:
1.76%
^GSPC:
1.95%
AAMTX:
11.19%
^GSPC:
12.54%
AAMTX:
-29.32%
^GSPC:
-56.78%
AAMTX:
-1.76%
^GSPC:
-0.82%
Returns By Period
In the year-to-date period, AAMTX achieves a 17.32% return, which is significantly lower than ^GSPC's 26.63% return. Over the past 10 years, AAMTX has underperformed ^GSPC with an annualized return of 9.43%, while ^GSPC has yielded a comparatively higher 11.23% annualized return.
AAMTX
17.32%
0.66%
6.73%
17.98%
9.63%
9.43%
^GSPC
26.63%
1.18%
10.44%
27.03%
13.30%
11.23%
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Risk-Adjusted Performance
AAMTX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds 2055 Target Date Retirement Fund (AAMTX) and S&P 500 (^GSPC). 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.
Drawdowns
AAMTX vs. ^GSPC - Drawdown Comparison
The maximum AAMTX drawdown since its inception was -29.32%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for AAMTX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
AAMTX vs. ^GSPC - Volatility Comparison
The current volatility for American Funds 2055 Target Date Retirement Fund (AAMTX) is 3.73%, while S&P 500 (^GSPC) has a volatility of 3.96%. This indicates that AAMTX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.