ABHYX vs. WTCOX
Compare and contrast key facts about American Century High-Yield Municipal Fund (ABHYX) and Segall Bryant & Hamill Colorado Tax Free Fund (WTCOX).
ABHYX is managed by American Century Investments. It was launched on Mar 30, 1998. WTCOX is managed by Segall Bryant & Hamill. It was launched on May 30, 1991.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ABHYX or WTCOX.
Key characteristics
| ABHYX | WTCOX | |
|---|---|---|
| YTD Return | 5.83% | 2.19% |
| 1Y Return | 12.78% | 7.08% |
| 3Y Return (Ann) | -1.06% | -1.25% |
| 5Y Return (Ann) | 1.49% | 0.73% |
| 10Y Return (Ann) | 3.31% | 1.86% |
| Sharpe Ratio | 2.99 | 2.77 |
| Sortino Ratio | 4.47 | 4.17 |
| Omega Ratio | 1.75 | 1.70 |
| Calmar Ratio | 0.86 | 0.68 |
| Martin Ratio | 16.44 | 13.71 |
| Ulcer Index | 0.78% | 0.52% |
| Daily Std Dev | 4.27% | 2.59% |
| Max Drawdown | -26.33% | -13.59% |
| Current Drawdown | -3.87% | -4.21% |
Correlation
The correlation between ABHYX and WTCOX is 0.70, 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
ABHYX vs. WTCOX - Performance Comparison
In the year-to-date period, ABHYX achieves a 5.83% return, which is significantly higher than WTCOX's 2.19% return. Over the past 10 years, ABHYX has outperformed WTCOX with an annualized return of 3.31%, while WTCOX has yielded a comparatively lower 1.86% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ABHYX vs. WTCOX - Expense Ratio Comparison
ABHYX has a 0.59% expense ratio, which is lower than WTCOX's 0.65% expense ratio.
Risk-Adjusted Performance
ABHYX vs. WTCOX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century High-Yield Municipal Fund (ABHYX) and Segall Bryant & Hamill Colorado Tax Free Fund (WTCOX). 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
ABHYX vs. WTCOX - Dividend Comparison
ABHYX's dividend yield for the trailing twelve months is around 4.16%, more than WTCOX's 3.33% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABHYX American Century High-Yield Municipal Fund | 4.16% | 4.01% | 3.74% | 2.93% | 3.36% | 3.50% | 3.89% | 3.63% | 3.61% | 3.93% | 4.14% | 4.47% |
WTCOX Segall Bryant & Hamill Colorado Tax Free Fund | 3.33% | 3.13% | 2.94% | 2.20% | 2.72% | 3.01% | 3.09% | 2.80% | 2.75% | 2.71% | 2.84% | 3.15% |
Drawdowns
ABHYX vs. WTCOX - Drawdown Comparison
The maximum ABHYX drawdown since its inception was -26.33%, which is greater than WTCOX's maximum drawdown of -13.59%. Use the drawdown chart below to compare losses from any high point for ABHYX and WTCOX. For additional features, visit the drawdowns tool.
Volatility
ABHYX vs. WTCOX - Volatility Comparison
American Century High-Yield Municipal Fund (ABHYX) has a higher volatility of 2.15% compared to Segall Bryant & Hamill Colorado Tax Free Fund (WTCOX) at 1.38%. This indicates that ABHYX's price experiences larger fluctuations and is considered to be riskier than WTCOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.