AGTHX vs. XLK
Compare and contrast key facts about American Funds The Growth Fund of America Class A (AGTHX) and Technology Select Sector SPDR Fund (XLK).
AGTHX is managed by Equity. It was launched on Dec 1, 1973. XLK is a passively managed fund by State Street that tracks the performance of the Technology Select Sector Index. It was launched on Dec 16, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AGTHX or XLK.
Key characteristics
| AGTHX | XLK | |
|---|---|---|
| YTD Return | 8.95% | 4.87% |
| 1Y Return | 34.22% | 36.67% |
| 3Y Return (Ann) | 4.40% | 13.05% |
| 5Y Return (Ann) | 13.48% | 22.32% |
| 10Y Return (Ann) | 13.01% | 20.43% |
| Sharpe Ratio | 1.88 | 2.03 |
| Daily Std Dev | 18.07% | 17.73% |
| Max Drawdown | -65.31% | -82.05% |
| Current Drawdown | -3.56% | -4.34% |
Correlation
The correlation between AGTHX and XLK is 0.87, 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
AGTHX vs. XLK - Performance Comparison
In the year-to-date period, AGTHX achieves a 8.95% return, which is significantly higher than XLK's 4.87% return. Over the past 10 years, AGTHX has underperformed XLK with an annualized return of 13.01%, while XLK has yielded a comparatively higher 20.43% 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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AGTHX vs. XLK - Expense Ratio Comparison
Risk-Adjusted Performance
AGTHX vs. XLK - 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 Technology Select Sector SPDR Fund (XLK). 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. XLK - Dividend Comparison
AGTHX's dividend yield for the trailing twelve months is around 6.25%, more than XLK's 0.74% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGTHX American Funds The Growth Fund of America Class A | 6.25% | 6.81% | 0.75% | 8.18% | 4.55% | 7.89% | 12.71% | 7.54% | 6.61% | 8.87% | 9.90% | 6.71% |
XLK Technology Select Sector SPDR Fund | 0.74% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% | 1.75% | 1.70% |
Drawdowns
AGTHX vs. XLK - Drawdown Comparison
The maximum AGTHX drawdown since its inception was -65.31%, smaller than the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for AGTHX and XLK. For additional features, visit the drawdowns tool.
Volatility
AGTHX vs. XLK - Volatility Comparison
The current volatility for American Funds The Growth Fund of America Class A (AGTHX) is 4.08%, while Technology Select Sector SPDR Fund (XLK) has a volatility of 4.74%. This indicates that AGTHX experiences smaller price fluctuations and is considered to be less risky than XLK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.