PortfoliosLab logoPortfoliosLab logo
AHITX vs. AMCPX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

AHITX vs. AMCPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds American High-Income Trust (AHITX) and American Funds AMCAP Fund Class A (AMCPX). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

AHITX vs. AMCPX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
AHITX
American Funds American High-Income Trust
-1.14%8.28%9.45%11.43%-10.38%8.32%7.01%11.86%-1.80%7.30%
AMCPX
American Funds AMCAP Fund Class A
-11.82%17.68%21.11%31.04%-28.67%20.57%21.42%26.35%-4.42%22.08%

Returns By Period

In the year-to-date period, AHITX achieves a -1.14% return, which is significantly higher than AMCPX's -11.82% return. Over the past 10 years, AHITX has underperformed AMCPX with an annualized return of 6.05%, while AMCPX has yielded a comparatively higher 10.59% annualized return.


AHITX

1D
0.00%
1M
-2.41%
YTD
-1.14%
6M
0.13%
1Y
5.89%
3Y*
8.26%
5Y*
4.33%
10Y*
6.05%

AMCPX

1D
-0.37%
1M
-10.12%
YTD
-11.82%
6M
-9.34%
1Y
11.06%
3Y*
14.39%
5Y*
6.22%
10Y*
10.59%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


AHITX vs. AMCPX - Expense Ratio Comparison

AHITX has a 0.69% expense ratio, which is higher than AMCPX's 0.65% expense ratio.


Return for Risk

AHITX vs. AMCPX — Risk / Return Rank

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

AHITX
AHITX Risk / Return Rank: 7979
Overall Rank
AHITX Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
AHITX Sortino Ratio Rank: 7777
Sortino Ratio Rank
AHITX Omega Ratio Rank: 8585
Omega Ratio Rank
AHITX Calmar Ratio Rank: 7575
Calmar Ratio Rank
AHITX Martin Ratio Rank: 7777
Martin Ratio Rank

AMCPX
AMCPX Risk / Return Rank: 2323
Overall Rank
AMCPX Sharpe Ratio Rank: 2323
Sharpe Ratio Rank
AMCPX Sortino Ratio Rank: 2525
Sortino Ratio Rank
AMCPX Omega Ratio Rank: 2525
Omega Ratio Rank
AMCPX Calmar Ratio Rank: 2020
Calmar Ratio Rank
AMCPX Martin Ratio Rank: 2323
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.

AHITX vs. AMCPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds American High-Income Trust (AHITX) and American Funds AMCAP Fund Class A (AMCPX). 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.


AHITXAMCPXDifference

Sharpe ratio

Return per unit of total volatility

1.47

0.56

+0.91

Sortino ratio

Return per unit of downside risk

1.90

0.94

+0.95

Omega ratio

Gain probability vs. loss probability

1.34

1.13

+0.21

Calmar ratio

Return relative to maximum drawdown

1.74

0.59

+1.15

Martin ratio

Return relative to average drawdown

7.46

2.42

+5.04

AHITX vs. AMCPX - Sharpe Ratio Comparison

The current AHITX Sharpe Ratio is 1.47, which is higher than the AMCPX Sharpe Ratio of 0.56. The chart below compares the historical Sharpe Ratios of AHITX and AMCPX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Loading graphics...

Sharpe Ratios by Period


AHITXAMCPXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.47

0.56

+0.91

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.88

0.33

+0.56

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.11

0.57

+0.54

Sharpe Ratio (All Time)

Calculated using the full available price history

1.42

0.57

+0.85

Correlation

The correlation between AHITX and AMCPX is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

AHITX vs. AMCPX - Dividend Comparison

AHITX's dividend yield for the trailing twelve months is around 5.90%, less than AMCPX's 9.90% yield.


TTM20252024202320222021202020192018201720162015
AHITX
American Funds American High-Income Trust
5.90%6.26%6.25%5.87%4.17%4.27%5.81%6.19%6.31%5.99%5.05%6.92%
AMCPX
American Funds AMCAP Fund Class A
9.90%8.73%8.19%3.26%7.54%3.43%3.88%4.90%7.84%5.37%3.81%8.86%

Drawdowns

AHITX vs. AMCPX - Drawdown Comparison

The maximum AHITX drawdown since its inception was -34.81%, smaller than the maximum AMCPX drawdown of -62.37%. Use the drawdown chart below to compare losses from any high point for AHITX and AMCPX.


Loading graphics...

Drawdown Indicators


AHITXAMCPXDifference

Max Drawdown

Largest peak-to-trough decline

-34.81%

-62.37%

+27.56%

Max Drawdown (1Y)

Largest decline over 1 year

-3.38%

-14.18%

+10.80%

Max Drawdown (5Y)

Largest decline over 5 years

-13.93%

-36.90%

+22.97%

Max Drawdown (10Y)

Largest decline over 10 years

-21.22%

-36.90%

+15.68%

Current Drawdown

Current decline from peak

-2.41%

-14.18%

+11.77%

Average Drawdown

Average peak-to-trough decline

-2.68%

-9.60%

+6.92%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.79%

3.47%

-2.68%

Volatility

AHITX vs. AMCPX - Volatility Comparison

The current volatility for American Funds American High-Income Trust (AHITX) is 1.16%, while American Funds AMCAP Fund Class A (AMCPX) has a volatility of 5.26%. This indicates that AHITX experiences smaller price fluctuations and is considered to be less risky than AMCPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


Loading graphics...

Volatility by Period


AHITXAMCPXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.16%

5.26%

-4.10%

Volatility (6M)

Calculated over the trailing 6-month period

2.27%

11.06%

-8.79%

Volatility (1Y)

Calculated over the trailing 1-year period

4.27%

19.60%

-15.33%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.93%

19.12%

-14.19%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.47%

18.63%

-13.16%