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AHITX vs. DODIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


-0.50.00.51.00.3

Performance

AHITX vs. DODIX - Performance Comparison

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

600.00%700.00%800.00%900.00%1,000.00%JulyAugustSeptemberOctoberNovemberDecember
1,039.53%
640.01%
AHITX
DODIX

Key characteristics

Sharpe Ratio

AHITX:

3.65

DODIX:

1.26

Sortino Ratio

AHITX:

6.40

DODIX:

1.84

Omega Ratio

AHITX:

1.89

DODIX:

1.22

Calmar Ratio

AHITX:

6.98

DODIX:

0.89

Martin Ratio

AHITX:

27.81

DODIX:

4.23

Ulcer Index

AHITX:

0.47%

DODIX:

1.72%

Daily Std Dev

AHITX:

3.60%

DODIX:

5.79%

Max Drawdown

AHITX:

-34.94%

DODIX:

-16.38%

Current Drawdown

AHITX:

0.00%

DODIX:

-1.67%

Returns By Period

In the year-to-date period, AHITX achieves a 9.73% return, which is significantly higher than DODIX's 4.75% return. Over the past 10 years, AHITX has outperformed DODIX with an annualized return of 5.15%, while DODIX has yielded a comparatively lower 2.79% annualized return.


AHITX

YTD

9.73%

1M

0.41%

6M

6.14%

1Y

13.24%

5Y (annualized)

5.76%

10Y (annualized)

5.15%

DODIX

YTD

4.75%

1M

1.26%

6M

5.18%

1Y

7.80%

5Y (annualized)

1.81%

10Y (annualized)

2.79%

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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.


AHITX
American Funds American High-Income Trust
Expense ratio chart for AHITX: current value at 0.69% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.69%
Expense ratio chart for DODIX: current value at 0.41% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.41%

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.


Sharpe ratio
The chart of Sharpe ratio for AHITX, currently valued at 3.65, compared to the broader market-1.000.001.002.003.004.003.651.26
The chart of Sortino ratio for AHITX, currently valued at 6.40, compared to the broader market-2.000.002.004.006.008.0010.0012.006.401.84
The chart of Omega ratio for AHITX, currently valued at 1.89, compared to the broader market1.002.003.004.001.891.22
The chart of Calmar ratio for AHITX, currently valued at 6.98, compared to the broader market0.005.0010.0015.006.980.89
The chart of Martin ratio for AHITX, currently valued at 27.81, compared to the broader market0.0020.0040.0060.0080.0027.814.23
AHITX
DODIX

The current AHITX Sharpe Ratio is 3.65, which is higher than the DODIX Sharpe Ratio of 1.26. The chart below compares the historical Sharpe Ratios of AHITX and DODIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.002.003.004.005.00JulyAugustSeptemberOctoberNovemberDecember
3.65
1.26
AHITX
DODIX

Dividends

AHITX vs. DODIX - Dividend Comparison

AHITX's dividend yield for the trailing twelve months is around 5.67%, more than DODIX's 4.09% yield.


TTM20232022202120202019201820172016201520142013
AHITX
American Funds American High-Income Trust
5.67%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
4.09%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.


-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JulyAugustSeptemberOctoberNovemberDecember0
-1.67%
AHITX
DODIX

Volatility

AHITX vs. DODIX - Volatility Comparison

The current volatility for American Funds American High-Income Trust (AHITX) is 0.61%, while Dodge & Cox Income Fund (DODIX) has a volatility of 1.55%. 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.


0.50%1.00%1.50%2.00%JulyAugustSeptemberOctoberNovemberDecember
0.61%
1.55%
AHITX
DODIX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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