AHIFX vs. SPHY
Compare and contrast key facts about American Funds American High-Inc F2 (AHIFX) and SPDR Portfolio High Yield Bond ETF (SPHY).
AHIFX is managed by American Funds. It was launched on Aug 4, 2008. SPHY is a passively managed fund by State Street that tracks the performance of the ICE BofAML US High Yield Index. It was launched on Jun 18, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AHIFX or SPHY.
Correlation
The correlation between AHIFX and SPHY is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AHIFX vs. SPHY - Performance Comparison
Key characteristics
AHIFX:
2.11
SPHY:
1.61
AHIFX:
3.00
SPHY:
2.34
AHIFX:
1.47
SPHY:
1.35
AHIFX:
2.17
SPHY:
1.81
AHIFX:
10.44
SPHY:
10.34
AHIFX:
0.82%
SPHY:
0.85%
AHIFX:
4.04%
SPHY:
5.47%
AHIFX:
-31.20%
SPHY:
-21.97%
AHIFX:
-2.60%
SPHY:
-2.35%
Returns By Period
In the year-to-date period, AHIFX achieves a -0.61% return, which is significantly lower than SPHY's -0.17% return. Over the past 10 years, AHIFX has outperformed SPHY with an annualized return of 4.93%, while SPHY has yielded a comparatively lower 4.34% annualized return.
AHIFX
-0.61%
-2.01%
0.16%
8.53%
7.63%
4.93%
SPHY
-0.17%
-1.72%
0.07%
8.24%
6.26%
4.34%
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AHIFX vs. SPHY - Expense Ratio Comparison
AHIFX has a 0.43% expense ratio, which is higher than SPHY's 0.10% expense ratio.
Risk-Adjusted Performance
AHIFX vs. SPHY — Risk-Adjusted Performance Rank
AHIFX
SPHY
AHIFX vs. SPHY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds American High-Inc F2 (AHIFX) and SPDR Portfolio High Yield Bond ETF (SPHY). 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
AHIFX vs. SPHY - Dividend Comparison
AHIFX's dividend yield for the trailing twelve months is around 6.71%, less than SPHY's 7.87% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AHIFX American Funds American High-Inc F2 | 6.71% | 6.57% | 6.74% | 5.83% | 4.54% | 6.07% | 6.46% | 6.58% | 5.71% | 5.81% | 7.19% | 6.60% |
SPHY SPDR Portfolio High Yield Bond ETF | 7.87% | 7.80% | 7.30% | 6.47% | 5.14% | 5.63% | 5.73% | 4.09% | 4.41% | 4.27% | 4.29% | 3.98% |
Drawdowns
AHIFX vs. SPHY - Drawdown Comparison
The maximum AHIFX drawdown since its inception was -31.20%, which is greater than SPHY's maximum drawdown of -21.97%. Use the drawdown chart below to compare losses from any high point for AHIFX and SPHY. For additional features, visit the drawdowns tool.
Volatility
AHIFX vs. SPHY - Volatility Comparison
The current volatility for American Funds American High-Inc F2 (AHIFX) is 2.33%, while SPDR Portfolio High Yield Bond ETF (SPHY) has a volatility of 4.01%. This indicates that AHIFX experiences smaller price fluctuations and is considered to be less risky than SPHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.