AEGFX vs. AMECX

Last updated Jul 25, 2026

AEGFX (American Funds EuroPacific Growth Fund Class F-1) and AMECX (American Funds The Income Fund of America Class A) are both mutual funds - AEGFX is a Foreign Large Cap Equities fund actively managed by American Funds, while AMECX is a Diversified Portfolio fund actively managed by American Funds. Both are actively managed. Over the past 10 years, AEGFX returned 8.38%/yr vs 8.21%/yr for AMECX. Their correlation of 0.82 suggests significant overlap in exposure. AEGFX charges 0.86%/yr vs 0.56%/yr for AMECX.

Performance

AEGFX vs. AMECX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds EuroPacific Growth Fund Class F-1 (AEGFX) and American Funds The Income Fund of America Class A (AMECX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AEGFX achieves a 8.94% return, which is significantly higher than AMECX's 7.34% return. Both investments have delivered pretty close results over the past 10 years, with AEGFX having a 8.38% annualized return and AMECX not far behind at 8.21%.

AEGFX

• 1D: -0.34%
• 1M: -0.35%
• 6M: 3.03%
• YTD: 8.94%
• 1Y: 18.63%
• 3Y*: 13.64%
• 5Y*: 4.37%
• 10Y*: 8.38%
• ALL TIME*: 6.90%

AMECX

• 1D: -0.36%
• 1M: 1.73%
• 6M: 3.61%
• YTD: 7.34%
• 1Y: 13.18%
• 3Y*: 12.81%
• 5Y*: 8.15%
• 10Y*: 8.21%
• ALL TIME*: 7.73%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AEGFX American Funds EuroPacific Growth Fund Class F-1	$0.00	$0.00	$0.00
AMECX American Funds The Income Fund of America Class A	$0.00	$0.00	$0.00

AEGFX vs. AMECX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AEGFX American Funds EuroPacific Growth Fund Class F-1	8.94%	28.82%	2.61%	15.63%	-23.06%	2.46%	24.77%	26.94%	-17.66%	30.70%
AMECX American Funds The Income Fund of America Class A	7.34%	17.77%	10.84%	6.79%	-6.40%	17.37%	4.49%	18.50%	-5.27%	12.58%

Correlation

The correlation between AEGFX and AMECX is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.66
Correlation (3Y) Calculated over the trailing 3-year period	0.73
Correlation (5Y) Calculated over the trailing 5-year period	0.77
Correlation (10Y) Calculated over the trailing 10-year period	0.78
Correlation (All Time) Calculated using the full available price history since Mar 15, 2001	0.82

The correlation between AEGFX and AMECX shifts across timeframes, from 0.66 (1 year) to 0.82 (all time), reflecting how their relationship changes across market environments.

Return for Risk

AEGFX vs. AMECX — Risk / Return Rank

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

AEGFX

AEGFX Risk / Return Rank: 35
AEGFX Sharpe Ratio Rank: 34
AEGFX Sortino Ratio Rank: 34
AEGFX Omega Ratio Rank: 35
AEGFX Calmar Ratio Rank: 35
AEGFX Martin Ratio Rank: 36

AMECX

AMECX Risk / Return Rank: 61
AMECX Sharpe Ratio Rank: 68
AMECX Sortino Ratio Rank: 69
AMECX Omega Ratio Rank: 64
AMECX Calmar Ratio Rank: 52
AMECX Martin Ratio Rank: 49

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.

AEGFX vs. AMECX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds EuroPacific Growth Fund Class F-1 (AEGFX) and American Funds The Income Fund of America Class A (AMECX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AEGFX	AMECX	Difference
Sharpe ratio: Return per unit of total volatility	1.07	1.73	-0.65
Sortino ratio: Return per unit of downside risk	1.57	2.48	-0.90
Omega ratio: Gain probability vs. loss probability	1.20	1.31	-0.11
Calmar ratio: Return relative to maximum drawdown	1.46	2.08	-0.63
Martin ratio: Return relative to average drawdown	5.22	7.60	-2.38

AEGFX vs. AMECX - Sharpe Ratio Comparison

The current AEGFX Sharpe Ratio is 1.07, which is lower than the AMECX Sharpe Ratio of 1.73. The chart below compares the historical Sharpe Ratios of AEGFX and AMECX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AEGFX vs. AMECX - Drawdown Comparison

The maximum AEGFX drawdown since its inception was -53.98%, which is greater than AMECX's maximum drawdown of -41.92%. Use the drawdown chart below to compare losses from any high point for AEGFX and AMECX.

Drawdown Indicators

	AEGFX	AMECX	Difference
Max Drawdown Largest peak-to-trough decline	-53.98%	-41.92%	-12.06%
Max Drawdown (1Y) Largest decline over 1 year	-12.56%	-6.13%	-6.43%
Max Drawdown (3Y) Largest decline over 3 years	-15.76%	-8.58%	-7.18%
Max Drawdown (5Y) Largest decline over 5 years	-37.56%	-15.78%	-21.78%
Max Drawdown (10Y) Largest decline over 10 years	-37.56%	-26.13%	-11.43%
Current Drawdown Current decline from peak	-3.90%	-0.36%	-3.54%
Average Drawdown Average peak-to-trough decline	-11.83%	-4.44%	-7.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.51%	1.68%	+1.83%

Volatility

AEGFX vs. AMECX - Volatility Comparison

American Funds EuroPacific Growth Fund Class F-1 (AEGFX) has a higher volatility of 4.63% compared to American Funds The Income Fund of America Class A (AMECX) at 1.86%. This indicates that AEGFX's price experiences larger fluctuations and is considered to be riskier than AMECX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AEGFX	AMECX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.63%	1.86%	+2.77%
Volatility (6M) Calculated over the trailing 6-month period	14.93%	5.81%	+9.12%
Volatility (1Y) Calculated over the trailing 1-year period	17.13%	7.43%	+9.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.98%	9.43%	+7.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.84%	10.63%	+6.21%

AEGFX vs. AMECX - Expense Ratio Comparison

AEGFX has a 0.86% expense ratio, which is higher than AMECX's 0.56% expense ratio.

Dividends

AEGFX vs. AMECX - Dividend Comparison

AEGFX's dividend yield for the trailing twelve months is around 16.69%, more than AMECX's 9.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AEGFX American Funds EuroPacific Growth Fund Class F-1	16.69%	13.75%	4.55%	3.56%	1.71%	9.79%	0.15%	2.77%	2.68%	4.64%	1.21%	3.02%
AMECX American Funds The Income Fund of America Class A	9.38%	9.94%	6.38%	2.93%	6.98%	6.67%	2.80%	5.01%	7.48%	4.26%	3.09%	5.09%

Frequently Asked Questions

Can I hold both AEGFX and AMECX in my portfolio?

AEGFX and AMECX have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AEGFX or AMECX?

AEGFX has higher volatility (4.63%) compared to AMECX (1.86%). In terms of maximum drawdown, AEGFX dropped -53.98% vs AMECX's -41.92%.

Which has better risk-adjusted returns?

AMECX currently has the higher Sharpe Ratio (1.73 vs 1.07), 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.