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ACFOX vs. MEIFX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

ACFOX vs. MEIFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century Investments Focused Dynamic Growth Fund (ACFOX) and Meridian Enhanced Equity Fund (MEIFX). The values are adjusted to include any dividend payments, if applicable.

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ACFOX vs. MEIFX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
ACFOX
American Century Investments Focused Dynamic Growth Fund
-14.41%20.51%43.30%35.66%-36.32%7.08%73.31%32.30%6.51%34.55%
MEIFX
Meridian Enhanced Equity Fund
-1.60%6.51%13.19%18.96%-16.43%15.15%26.18%44.95%-0.51%27.94%

Returns By Period

In the year-to-date period, ACFOX achieves a -14.41% return, which is significantly lower than MEIFX's -1.60% return. Over the past 10 years, ACFOX has outperformed MEIFX with an annualized return of 16.85%, while MEIFX has yielded a comparatively lower 13.78% annualized return.


ACFOX

1D
-0.86%
1M
-8.88%
YTD
-14.41%
6M
-10.23%
1Y
19.65%
3Y*
21.09%
5Y*
6.51%
10Y*
16.85%

MEIFX

1D
0.08%
1M
-3.16%
YTD
-1.60%
6M
-1.55%
1Y
4.96%
3Y*
9.70%
5Y*
5.75%
10Y*
13.78%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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ACFOX vs. MEIFX - Expense Ratio Comparison

ACFOX has a 0.85% expense ratio, which is lower than MEIFX's 1.20% expense ratio.


Return for Risk

ACFOX vs. MEIFX — Risk / Return Rank

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

ACFOX
ACFOX Risk / Return Rank: 3636
Overall Rank
ACFOX Sharpe Ratio Rank: 3535
Sharpe Ratio Rank
ACFOX Sortino Ratio Rank: 4242
Sortino Ratio Rank
ACFOX Omega Ratio Rank: 3636
Omega Ratio Rank
ACFOX Calmar Ratio Rank: 3535
Calmar Ratio Rank
ACFOX Martin Ratio Rank: 3232
Martin Ratio Rank

MEIFX
MEIFX Risk / Return Rank: 1515
Overall Rank
MEIFX Sharpe Ratio Rank: 1111
Sharpe Ratio Rank
MEIFX Sortino Ratio Rank: 1212
Sortino Ratio Rank
MEIFX Omega Ratio Rank: 1111
Omega Ratio Rank
MEIFX Calmar Ratio Rank: 1717
Calmar Ratio Rank
MEIFX Martin Ratio Rank: 2222
Martin Ratio Rank
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.

ACFOX vs. MEIFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century Investments Focused Dynamic Growth Fund (ACFOX) and Meridian Enhanced Equity Fund (MEIFX). 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.


ACFOXMEIFXDifference

Sharpe ratio

Return per unit of total volatility

0.77

0.30

+0.47

Sortino ratio

Return per unit of downside risk

1.26

0.55

+0.70

Omega ratio

Gain probability vs. loss probability

1.17

1.07

+0.09

Calmar ratio

Return relative to maximum drawdown

0.94

0.49

+0.44

Martin ratio

Return relative to average drawdown

3.40

2.30

+1.11

ACFOX vs. MEIFX - Sharpe Ratio Comparison

The current ACFOX Sharpe Ratio is 0.77, which is higher than the MEIFX Sharpe Ratio of 0.30. The chart below compares the historical Sharpe Ratios of ACFOX and MEIFX, 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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Sharpe Ratios by Period


ACFOXMEIFXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.77

0.30

+0.47

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.26

0.37

-0.11

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.71

0.77

-0.06

Sharpe Ratio (All Time)

Calculated using the full available price history

0.52

0.51

+0.01

Correlation

The correlation between ACFOX and MEIFX is 0.77, 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.


Dividends

ACFOX vs. MEIFX - Dividend Comparison

ACFOX's dividend yield for the trailing twelve months is around 8.83%, more than MEIFX's 7.36% yield.


TTM20252024202320222021202020192018201720162015
ACFOX
American Century Investments Focused Dynamic Growth Fund
8.83%7.56%0.00%0.00%0.00%2.48%0.62%0.00%0.00%0.00%1.15%1.33%
MEIFX
Meridian Enhanced Equity Fund
7.36%7.25%14.61%0.61%9.28%25.44%13.26%40.49%11.67%1.18%0.78%4.24%

Drawdowns

ACFOX vs. MEIFX - Drawdown Comparison

The maximum ACFOX drawdown since its inception was -58.92%, which is greater than MEIFX's maximum drawdown of -54.37%. Use the drawdown chart below to compare losses from any high point for ACFOX and MEIFX.


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Drawdown Indicators


ACFOXMEIFXDifference

Max Drawdown

Largest peak-to-trough decline

-58.92%

-54.37%

-4.55%

Max Drawdown (1Y)

Largest decline over 1 year

-16.52%

-8.99%

-7.53%

Max Drawdown (5Y)

Largest decline over 5 years

-43.77%

-23.54%

-20.23%

Max Drawdown (10Y)

Largest decline over 10 years

-43.77%

-28.67%

-15.10%

Current Drawdown

Current decline from peak

-16.52%

-7.42%

-9.10%

Average Drawdown

Average peak-to-trough decline

-14.81%

-7.76%

-7.05%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.56%

2.05%

+2.51%

Volatility

ACFOX vs. MEIFX - Volatility Comparison

American Century Investments Focused Dynamic Growth Fund (ACFOX) has a higher volatility of 6.86% compared to Meridian Enhanced Equity Fund (MEIFX) at 3.54%. This indicates that ACFOX's price experiences larger fluctuations and is considered to be riskier than MEIFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


ACFOXMEIFXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.86%

3.54%

+3.32%

Volatility (6M)

Calculated over the trailing 6-month period

14.48%

7.12%

+7.36%

Volatility (1Y)

Calculated over the trailing 1-year period

24.83%

14.91%

+9.92%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

25.20%

15.93%

+9.27%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.67%

17.95%

+5.72%