ABHYX vs. ACFOX
Compare and contrast key facts about American Century High-Yield Municipal Fund (ABHYX) and American Century Investments Focused Dynamic Growth Fund (ACFOX).
ABHYX is managed by American Century. It was launched on Mar 30, 1998. ACFOX is managed by American Century. It was launched on May 31, 2006.
Performance
ABHYX vs. ACFOX - Performance Comparison
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ABHYX vs. ACFOX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ABHYX American Century High-Yield Municipal Fund | -0.31% | 3.77% | 6.16% | 5.90% | -13.90% | 5.61% | 4.68% | 9.72% | 1.48% | 9.27% |
ACFOX American Century Investments Focused Dynamic Growth Fund | -10.26% | 20.51% | 43.30% | 35.66% | -36.32% | 7.08% | 73.31% | 32.30% | 6.51% | 34.55% |
Returns By Period
In the year-to-date period, ABHYX achieves a -0.31% return, which is significantly higher than ACFOX's -10.26% return. Over the past 10 years, ABHYX has underperformed ACFOX with an annualized return of 2.85%, while ACFOX has yielded a comparatively higher 17.41% annualized return.
ABHYX
- 1D
- 0.35%
- 1M
- -2.26%
- YTD
- -0.31%
- 6M
- 1.15%
- 1Y
- 3.29%
- 3Y*
- 4.41%
- 5Y*
- 0.88%
- 10Y*
- 2.85%
ACFOX
- 1D
- 4.84%
- 1M
- -5.18%
- YTD
- -10.26%
- 6M
- -6.37%
- 1Y
- 24.51%
- 3Y*
- 23.01%
- 5Y*
- 7.15%
- 10Y*
- 17.41%
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ABHYX vs. ACFOX - Expense Ratio Comparison
ABHYX has a 0.59% expense ratio, which is lower than ACFOX's 0.85% expense ratio.
Return for Risk
ABHYX vs. ACFOX — Risk / Return Rank
ABHYX
ACFOX
ABHYX vs. ACFOX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century High-Yield Municipal Fund (ABHYX) and American Century Investments Focused Dynamic Growth Fund (ACFOX). 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.
| ABHYX | ACFOX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.60 | 1.01 | -0.42 |
Sortino ratioReturn per unit of downside risk | 0.83 | 1.60 | -0.77 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.21 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 0.72 | 1.49 | -0.77 |
Martin ratioReturn relative to average drawdown | 2.19 | 5.33 | -3.13 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ABHYX | ACFOX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.60 | 1.01 | -0.42 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.18 | 0.28 | -0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | 0.74 | -0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.03 | 0.53 | +0.50 |
Correlation
The correlation between ABHYX and ACFOX is -0.05. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
ABHYX vs. ACFOX - Dividend Comparison
ABHYX's dividend yield for the trailing twelve months is around 4.82%, less than ACFOX's 8.42% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABHYX American Century High-Yield Municipal Fund | 4.82% | 5.11% | 4.96% | 4.02% | 2.77% | 3.50% | 3.35% | 4.08% | 3.90% | 3.61% | 3.61% | 3.91% |
ACFOX American Century Investments Focused Dynamic Growth Fund | 8.42% | 7.56% | 0.00% | 0.00% | 0.00% | 2.48% | 0.62% | 0.00% | 0.00% | 0.00% | 1.15% | 1.33% |
Drawdowns
ABHYX vs. ACFOX - Drawdown Comparison
The maximum ABHYX drawdown since its inception was -26.34%, smaller than the maximum ACFOX drawdown of -58.92%. Use the drawdown chart below to compare losses from any high point for ABHYX and ACFOX.
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Drawdown Indicators
| ABHYX | ACFOX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.34% | -58.92% | +32.58% |
Max Drawdown (1Y)Largest decline over 1 year | -6.09% | -16.52% | +10.43% |
Max Drawdown (5Y)Largest decline over 5 years | -18.54% | -43.77% | +25.23% |
Max Drawdown (10Y)Largest decline over 10 years | -18.54% | -43.77% | +25.23% |
Current DrawdownCurrent decline from peak | -2.59% | -12.48% | +9.89% |
Average DrawdownAverage peak-to-trough decline | -3.12% | -14.81% | +11.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.99% | 4.63% | -2.64% |
Volatility
ABHYX vs. ACFOX - Volatility Comparison
The current volatility for American Century High-Yield Municipal Fund (ABHYX) is 1.33%, while American Century Investments Focused Dynamic Growth Fund (ACFOX) has a volatility of 8.54%. This indicates that ABHYX experiences smaller price fluctuations and is considered to be less risky than ACFOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ABHYX | ACFOX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.33% | 8.54% | -7.21% |
Volatility (6M)Calculated over the trailing 6-month period | 2.09% | 15.24% | -13.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.17% | 25.24% | -19.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.90% | 25.28% | -20.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.96% | 23.71% | -18.75% |