AHITX vs. DODIX
Compare and contrast key facts about American Funds American High-Income Trust (AHITX) and Dodge & Cox Income Fund (DODIX).
AHITX is managed by American Funds. It was launched on Feb 19, 1988. DODIX is managed by Dodge & Cox.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AHITX or DODIX.
Key characteristics
| AHITX | DODIX | |
|---|---|---|
| YTD Return | 8.95% | 2.63% |
| 1Y Return | 15.16% | 8.86% |
| 3Y Return (Ann) | 3.76% | -0.44% |
| 5Y Return (Ann) | 5.82% | 1.46% |
| 10Y Return (Ann) | 4.82% | 2.61% |
| Sharpe Ratio | 4.04 | 1.38 |
| Sortino Ratio | 7.21 | 2.03 |
| Omega Ratio | 2.01 | 1.24 |
| Calmar Ratio | 3.96 | 0.77 |
| Martin Ratio | 31.78 | 5.24 |
| Ulcer Index | 0.47% | 1.57% |
| Daily Std Dev | 3.69% | 5.94% |
| Max Drawdown | -34.94% | -16.38% |
| Current Drawdown | -0.30% | -3.66% |
Correlation
The correlation between AHITX and DODIX is 0.25, 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. DODIX - Performance Comparison
In the year-to-date period, AHITX achieves a 8.95% return, which is significantly higher than DODIX's 2.63% return. Over the past 10 years, AHITX has outperformed DODIX with an annualized return of 4.82%, while DODIX has yielded a comparatively lower 2.61% 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. DODIX - Expense Ratio Comparison
AHITX has a 0.69% expense ratio, which is higher than DODIX's 0.41% expense ratio.
Risk-Adjusted Performance
AHITX vs. DODIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds American High-Income Trust (AHITX) and Dodge & Cox Income Fund (DODIX). 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. DODIX - Dividend Comparison
AHITX's dividend yield for the trailing twelve months is around 6.21%, more than DODIX's 4.17% 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% |
DODIX Dodge & Cox Income Fund | 4.17% | 3.86% | 2.84% | 1.89% | 2.44% | 3.04% | 3.00% | 2.76% | 3.11% | 3.03% | 3.84% | 3.07% |
Drawdowns
AHITX vs. DODIX - Drawdown Comparison
The maximum AHITX drawdown since its inception was -34.94%, which is greater than DODIX's maximum drawdown of -16.38%. Use the drawdown chart below to compare losses from any high point for AHITX and DODIX. For additional features, visit the drawdowns tool.
Volatility
AHITX vs. DODIX - Volatility Comparison
The current volatility for American Funds American High-Income Trust (AHITX) is 0.74%, while Dodge & Cox Income Fund (DODIX) has a volatility of 1.74%. This indicates that AHITX experiences smaller price fluctuations and is considered to be less risky than DODIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.