AHITX vs. AMCPX
Compare and contrast key facts about American Funds American High-Income Trust (AHITX) and American Funds AMCAP Fund Class A (AMCPX).
AHITX is managed by American Funds. It was launched on Feb 19, 1988. AMCPX is managed by American Funds. It was launched on Jan 5, 1967.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AHITX or AMCPX.
Key characteristics
| AHITX | AMCPX | |
|---|---|---|
| YTD Return | 8.95% | 19.70% |
| 1Y Return | 15.16% | 25.94% |
| 3Y Return (Ann) | 3.76% | -1.22% |
| 5Y Return (Ann) | 5.82% | 6.74% |
| 10Y Return (Ann) | 4.82% | 5.08% |
| Sharpe Ratio | 4.04 | 1.90 |
| Sortino Ratio | 7.21 | 2.59 |
| Omega Ratio | 2.01 | 1.34 |
| Calmar Ratio | 3.96 | 1.09 |
| Martin Ratio | 31.78 | 12.24 |
| Ulcer Index | 0.47% | 2.14% |
| Daily Std Dev | 3.69% | 13.82% |
| Max Drawdown | -34.94% | -52.11% |
| Current Drawdown | -0.30% | -4.26% |
Correlation
The correlation between AHITX and AMCPX is 0.34, 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.
Performance
AHITX vs. AMCPX - Performance Comparison
In the year-to-date period, AHITX achieves a 8.95% return, which is significantly lower than AMCPX's 19.70% return. Over the past 10 years, AHITX has underperformed AMCPX with an annualized return of 4.82%, while AMCPX has yielded a comparatively higher 5.08% 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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AHITX vs. AMCPX - Expense Ratio Comparison
AHITX has a 0.69% expense ratio, which is higher than AMCPX's 0.65% expense ratio.
Risk-Adjusted Performance
AHITX vs. AMCPX - Risk-Adjusted Performance 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.
Dividends
AHITX vs. AMCPX - Dividend Comparison
AHITX's dividend yield for the trailing twelve months is around 6.21%, more than AMCPX's 0.27% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AHITX American Funds American High-Income Trust | 6.21% | 6.43% | 5.52% | 4.28% | 5.81% | 6.19% | 6.31% | 5.47% | 5.60% | 6.95% | 6.37% | 6.27% |
AMCPX American Funds AMCAP Fund Class A | 0.27% | 0.57% | 0.00% | 0.00% | 0.19% | 0.53% | 0.64% | 0.41% | 0.44% | 3.70% | 3.29% | 8.41% |
Drawdowns
AHITX vs. AMCPX - Drawdown Comparison
The maximum AHITX drawdown since its inception was -34.94%, smaller than the maximum AMCPX drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for AHITX and AMCPX. For additional features, visit the drawdowns tool.
Volatility
AHITX vs. AMCPX - Volatility Comparison
The current volatility for American Funds American High-Income Trust (AHITX) is 0.74%, while American Funds AMCAP Fund Class A (AMCPX) has a volatility of 4.02%. 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.