AGTHX vs. ONEQ
Compare and contrast key facts about American Funds The Growth Fund of America Class A (AGTHX) and Fidelity NASDAQ Composite Index Tracking Stock (ONEQ).
AGTHX is managed by Equity. It was launched on Dec 1, 1973. ONEQ is a passively managed fund by Fidelity that tracks the performance of the NASDAQ Composite Index. It was launched on Sep 25, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AGTHX or ONEQ.
Performance
AGTHX vs. ONEQ - Performance Comparison
Returns By Period
In the year-to-date period, AGTHX achieves a 28.50% return, which is significantly higher than ONEQ's 26.85% return. Over the past 10 years, AGTHX has underperformed ONEQ with an annualized return of 13.46%, while ONEQ has yielded a comparatively higher 16.02% annualized return.
AGTHX
28.50%
2.57%
14.08%
36.28%
15.33%
13.46%
ONEQ
26.85%
2.13%
13.53%
33.62%
18.50%
16.02%
Key characteristics
| AGTHX | ONEQ | |
|---|---|---|
| Sharpe Ratio | 2.45 | 1.98 |
| Sortino Ratio | 3.23 | 2.60 |
| Omega Ratio | 1.44 | 1.36 |
| Calmar Ratio | 2.11 | 2.59 |
| Martin Ratio | 15.70 | 9.84 |
| Ulcer Index | 2.35% | 3.49% |
| Daily Std Dev | 15.06% | 17.32% |
| Max Drawdown | -65.35% | -55.09% |
| Current Drawdown | -1.52% | -1.77% |
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AGTHX vs. ONEQ - Expense Ratio Comparison
AGTHX has a 0.61% expense ratio, which is higher than ONEQ's 0.21% expense ratio.
Correlation
The correlation between AGTHX and ONEQ is 0.92, 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.
Risk-Adjusted Performance
AGTHX vs. ONEQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds The Growth Fund of America Class A (AGTHX) and Fidelity NASDAQ Composite Index Tracking Stock (ONEQ). 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
AGTHX vs. ONEQ - Dividend Comparison
AGTHX's dividend yield for the trailing twelve months is around 5.30%, more than ONEQ's 0.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGTHX American Funds The Growth Fund of America Class A | 5.30% | 6.81% | 0.75% | 8.18% | 4.55% | 7.89% | 12.71% | 7.54% | 6.61% | 8.87% | 9.90% | 6.71% |
ONEQ Fidelity NASDAQ Composite Index Tracking Stock | 0.61% | 0.71% | 0.97% | 0.54% | 0.71% | 1.64% | 1.08% | 0.84% | 1.12% | 1.04% | 1.19% | 0.84% |
Drawdowns
AGTHX vs. ONEQ - Drawdown Comparison
The maximum AGTHX drawdown since its inception was -65.35%, which is greater than ONEQ's maximum drawdown of -55.09%. Use the drawdown chart below to compare losses from any high point for AGTHX and ONEQ. For additional features, visit the drawdowns tool.
Volatility
AGTHX vs. ONEQ - Volatility Comparison
The current volatility for American Funds The Growth Fund of America Class A (AGTHX) is 4.60%, while Fidelity NASDAQ Composite Index Tracking Stock (ONEQ) has a volatility of 5.73%. This indicates that AGTHX experiences smaller price fluctuations and is considered to be less risky than ONEQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.