Correlation
The correlation between AHITX and DODIX is 0.03, 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.
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.
Performance
AHITX vs. DODIX - Performance Comparison
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Key characteristics
AHITX:
1.95
DODIX:
0.78
AHITX:
2.84
DODIX:
1.41
AHITX:
1.44
DODIX:
1.16
AHITX:
2.11
DODIX:
0.91
AHITX:
9.02
DODIX:
2.26
AHITX:
0.93%
DODIX:
2.33%
AHITX:
4.08%
DODIX:
5.53%
AHITX:
-34.14%
DODIX:
-16.37%
AHITX:
-0.10%
DODIX:
-1.31%
Returns By Period
In the year-to-date period, AHITX achieves a 2.23% return, which is significantly lower than DODIX's 2.86% return. Over the past 10 years, AHITX has outperformed DODIX with an annualized return of 5.02%, while DODIX has yielded a comparatively lower 2.73% annualized return.
AHITX
2.23%
0.79%
1.64%
8.13%
8.68%
6.79%
5.02%
DODIX
2.86%
0.64%
1.96%
4.18%
4.32%
0.90%
2.73%
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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 Rank
AHITX
DODIX
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.
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Dividends
AHITX vs. DODIX - Dividend Comparison
AHITX's dividend yield for the trailing twelve months is around 6.38%, more than DODIX's 4.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AHITX American Funds American High-Income Trust | 6.38% | 6.26% | 6.42% | 5.53% | 4.26% | 5.82% | 6.18% | 6.32% | 5.46% | 5.60% | 6.95% | 6.37% |
DODIX Dodge & Cox Income Fund | 4.21% | 4.24% | 3.86% | 2.82% | 3.23% | 4.66% | 3.63% | 3.43% | 3.03% | 3.25% | 3.09% | 3.52% |
Drawdowns
AHITX vs. DODIX - Drawdown Comparison
The maximum AHITX drawdown since its inception was -34.14%, which is greater than DODIX's maximum drawdown of -16.37%. Use the drawdown chart below to compare losses from any high point for AHITX and DODIX.
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Volatility
AHITX vs. DODIX - Volatility Comparison
The current volatility for American Funds American High-Income Trust (AHITX) is 1.13%, while Dodge & Cox Income Fund (DODIX) has a volatility of 1.61%. 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.
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