AAUTX vs. ACIIX

Last updated Jun 3, 2026

AAUTX (Thrivent Large Cap Value Fund) and ACIIX (American Century Equity Income Fund Class I) are both Large Cap Value Equities funds. Over the past 10 years, AAUTX returned 12.72%/yr vs 8.82%/yr for ACIIX. Their correlation of 0.90 suggests significant overlap in exposure. AAUTX charges 0.86%/yr vs 0.72%/yr for ACIIX.

Performance

AAUTX vs. ACIIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Thrivent Large Cap Value Fund (AAUTX) and American Century Equity Income Fund Class I (ACIIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AAUTX achieves a 12.37% return, which is significantly higher than ACIIX's 5.70% return. Over the past 10 years, AAUTX has outperformed ACIIX with an annualized return of 12.72%, while ACIIX has yielded a comparatively lower 8.82% annualized return.

AAUTX

• 1D: 0.00%
• 1M: 3.41%
• YTD: 12.37%
• 6M: 14.91%
• 1Y: 30.73%
• 3Y*: 21.93%
• 5Y*: 13.30%
• 10Y*: 12.72%

ACIIX

• 1D: -0.45%
• 1M: -1.11%
• YTD: 5.70%
• 6M: 6.81%
• 1Y: 15.21%
• 3Y*: 10.62%
• 5Y*: 7.02%
• 10Y*: 8.82%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AAUTX vs. ACIIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AAUTX Thrivent Large Cap Value Fund	12.37%	19.31%	21.28%	12.63%	-4.89%	31.65%	4.31%	23.66%	-8.82%	12.59%
ACIIX American Century Equity Income Fund Class I	5.70%	12.05%	10.58%	4.25%	-2.96%	17.16%	1.19%	24.50%	-3.53%	13.69%

Correlation

The correlation between AAUTX and ACIIX is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (10Y) Calculated over the trailing 10-year period	0.88
Correlation (All Time) Calculated using the full available price history since Jul 9, 1998	0.90

The correlation between AAUTX and ACIIX has been stable across timeframes, ranging from 0.81 to 0.90 - a consistent structural relationship.

Return for Risk

AAUTX vs. ACIIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AAUTX

AAUTX Risk / Return Rank: 87
AAUTX Sharpe Ratio Rank: 89
AAUTX Sortino Ratio Rank: 85
AAUTX Omega Ratio Rank: 80
AAUTX Calmar Ratio Rank: 91
AAUTX Martin Ratio Rank: 91

ACIIX

ACIIX Risk / Return Rank: 38
ACIIX Sharpe Ratio Rank: 38
ACIIX Sortino Ratio Rank: 42
ACIIX Omega Ratio Rank: 35
ACIIX Calmar Ratio Rank: 38
ACIIX Martin Ratio Rank: 35

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AAUTX vs. ACIIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Thrivent Large Cap Value Fund (AAUTX) and American Century Equity Income Fund Class I (ACIIX). 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.

	AAUTX	ACIIX	Difference
Sharpe ratio Return per unit of total volatility	2.90	1.81	+1.09
Sortino ratio Return per unit of downside risk	4.02	2.72	+1.29
Omega ratio Gain probability vs. loss probability	1.53	1.32	+0.21
Calmar ratio Return relative to maximum drawdown	4.81	2.38	+2.43
Martin ratio Return relative to average drawdown	18.66	7.88	+10.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AAUTX vs. ACIIX - Sharpe Ratio Comparison

The current AAUTX Sharpe Ratio is 2.90, which is higher than the ACIIX Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of AAUTX and ACIIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AAUTX	ACIIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.90	1.81	+1.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.84	0.66	+0.19
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.72	0.66	+0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.53	-0.09

Drawdowns

AAUTX vs. ACIIX - Drawdown Comparison

The maximum AAUTX drawdown since its inception was -54.34%, which is greater than ACIIX's maximum drawdown of -39.16%. Use the drawdown chart below to compare losses from any high point for AAUTX and ACIIX.

Drawdown Indicators

	AAUTX	ACIIX	Difference
Max Drawdown Largest peak-to-trough decline	-54.34%	-39.16%	-15.18%
Max Drawdown (1Y) Largest decline over 1 year	-6.48%	-6.38%	-0.10%
Max Drawdown (3Y) Largest decline over 3 years	-14.85%	-10.15%	-4.70%
Max Drawdown (5Y) Largest decline over 5 years	-18.71%	-13.49%	-5.22%
Max Drawdown (10Y) Largest decline over 10 years	-38.88%	-32.76%	-6.12%
Current Drawdown Current decline from peak	0.00%	-3.01%	+3.01%
Average Drawdown Average peak-to-trough decline	-7.99%	-5.24%	-2.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.67%	1.93%	-0.26%

Volatility

AAUTX vs. ACIIX - Volatility Comparison

Thrivent Large Cap Value Fund (AAUTX) has a higher volatility of 2.41% compared to American Century Equity Income Fund Class I (ACIIX) at 2.14%. This indicates that AAUTX's price experiences larger fluctuations and is considered to be riskier than ACIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AAUTX	ACIIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.41%	2.14%	+0.27%
Volatility (6M) Calculated over the trailing 6-month period	7.99%	6.10%	+1.89%
Volatility (1Y) Calculated over the trailing 1-year period	10.81%	8.37%	+2.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.84%	10.76%	+5.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.79%	13.38%	+4.41%

AAUTX vs. ACIIX - Expense Ratio Comparison

AAUTX has a 0.86% expense ratio, which is higher than ACIIX's 0.72% expense ratio.

Dividends

AAUTX vs. ACIIX - Dividend Comparison

AAUTX's dividend yield for the trailing twelve months is around 4.70%, less than ACIIX's 10.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AAUTX Thrivent Large Cap Value Fund	4.70%	5.28%	16.25%	3.22%	6.12%	7.62%	6.33%	1.52%	7.44%	1.08%	1.18%	0.00%
ACIIX American Century Equity Income Fund Class I	10.00%	10.55%	11.71%	8.21%	8.96%	7.02%	2.18%	7.57%	9.05%	12.14%	8.08%	10.72%

Frequently Asked Questions

Can I hold both AAUTX and ACIIX in my portfolio?

AAUTX and ACIIX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AAUTX or ACIIX?

AAUTX has higher volatility (2.41%) compared to ACIIX (2.14%). In terms of maximum drawdown, AAUTX dropped -54.34% vs ACIIX's -39.16%.

Which has better risk-adjusted returns?

AAUTX currently has the higher Sharpe Ratio (2.90 vs 1.81), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.