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ABHYX vs. WTCOX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ABHYX and WTCOX is -0.10. 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.


Performance

ABHYX vs. WTCOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century High-Yield Municipal Fund (ABHYX) and Segall Bryant & Hamill Colorado Tax Free Fund (WTCOX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

ABHYX:

0.20

WTCOX:

0.53

Sortino Ratio

ABHYX:

0.32

WTCOX:

0.73

Omega Ratio

ABHYX:

1.06

WTCOX:

1.13

Calmar Ratio

ABHYX:

0.16

WTCOX:

0.29

Martin Ratio

ABHYX:

0.77

WTCOX:

2.06

Ulcer Index

ABHYX:

1.87%

WTCOX:

0.92%

Daily Std Dev

ABHYX:

6.56%

WTCOX:

3.42%

Max Drawdown

ABHYX:

-26.33%

WTCOX:

-13.61%

Current Drawdown

ABHYX:

-5.99%

WTCOX:

-4.30%

Returns By Period

In the year-to-date period, ABHYX achieves a -2.15% return, which is significantly lower than WTCOX's -0.24% return. Over the past 10 years, ABHYX has outperformed WTCOX with an annualized return of 2.83%, while WTCOX has yielded a comparatively lower 1.74% annualized return.


ABHYX

YTD

-2.15%

1M

0.47%

6M

-2.21%

1Y

1.43%

5Y*

2.53%

10Y*

2.83%

WTCOX

YTD

-0.24%

1M

0.69%

6M

-0.03%

1Y

1.89%

5Y*

0.62%

10Y*

1.74%

*Annualized

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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 Rank

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

ABHYX
The Risk-Adjusted Performance Rank of ABHYX is 3636
Overall Rank
The Sharpe Ratio Rank of ABHYX is 3737
Sharpe Ratio Rank
The Sortino Ratio Rank of ABHYX is 3232
Sortino Ratio Rank
The Omega Ratio Rank of ABHYX is 3636
Omega Ratio Rank
The Calmar Ratio Rank of ABHYX is 3737
Calmar Ratio Rank
The Martin Ratio Rank of ABHYX is 3838
Martin Ratio Rank

WTCOX
The Risk-Adjusted Performance Rank of WTCOX is 5757
Overall Rank
The Sharpe Ratio Rank of WTCOX is 6060
Sharpe Ratio Rank
The Sortino Ratio Rank of WTCOX is 5353
Sortino Ratio Rank
The Omega Ratio Rank of WTCOX is 6262
Omega Ratio Rank
The Calmar Ratio Rank of WTCOX is 4747
Calmar Ratio Rank
The Martin Ratio Rank of WTCOX is 6262
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current ABHYX Sharpe Ratio is 0.20, which is lower than the WTCOX Sharpe Ratio of 0.53. The chart below compares the historical Sharpe Ratios of ABHYX and WTCOX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

ABHYX vs. WTCOX - Dividend Comparison

ABHYX's dividend yield for the trailing twelve months is around 3.97%, more than WTCOX's 3.47% yield.


TTM20242023202220212020201920182017201620152014
ABHYX
American Century High-Yield Municipal Fund
3.97%4.21%4.01%3.74%2.93%3.36%3.50%3.89%3.63%3.61%3.93%4.14%
WTCOX
Segall Bryant & Hamill Colorado Tax Free Fund
3.47%3.43%3.12%2.91%2.20%2.71%3.00%3.06%2.80%2.75%2.71%2.84%

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 -13.61%. Use the drawdown chart below to compare losses from any high point for ABHYX and WTCOX. For additional features, visit the drawdowns tool.


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Volatility

ABHYX vs. WTCOX - Volatility Comparison

American Century High-Yield Municipal Fund (ABHYX) has a higher volatility of 3.46% compared to Segall Bryant & Hamill Colorado Tax Free Fund (WTCOX) at 1.54%. 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.


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