AHITX vs. MGK
Compare and contrast key facts about American Funds American High-Income Trust (AHITX) and Vanguard Mega Cap Growth ETF (MGK).
AHITX is managed by American Funds. It was launched on Feb 19, 1988. MGK is a passively managed fund by Vanguard that tracks the performance of the CRSP US Mega Cap Growth Index. It was launched on Dec 17, 2007.
Performance
AHITX vs. MGK - Performance Comparison
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AHITX vs. MGK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AHITX American Funds American High-Income Trust | -0.53% | 8.28% | 9.45% | 11.43% | -10.38% | 8.32% | 7.01% | 11.86% | -1.80% | 7.30% |
MGK Vanguard Mega Cap Growth ETF | -9.86% | 20.67% | 32.94% | 51.67% | -33.59% | 28.58% | 41.01% | 37.38% | -2.91% | 29.49% |
Returns By Period
In the year-to-date period, AHITX achieves a -0.53% return, which is significantly higher than MGK's -9.86% return. Over the past 10 years, AHITX has underperformed MGK with an annualized return of 6.12%, while MGK has yielded a comparatively higher 16.97% annualized return.
AHITX
- 1D
- 0.62%
- 1M
- -1.61%
- YTD
- -0.53%
- 6M
- 0.64%
- 1Y
- 6.32%
- 3Y*
- 8.48%
- 5Y*
- 4.42%
- 10Y*
- 6.12%
MGK
- 1D
- 1.17%
- 1M
- -4.13%
- YTD
- -9.86%
- 6M
- -7.94%
- 1Y
- 19.83%
- 3Y*
- 22.59%
- 5Y*
- 12.64%
- 10Y*
- 16.97%
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AHITX vs. MGK - Expense Ratio Comparison
AHITX has a 0.69% expense ratio, which is higher than MGK's 0.05% expense ratio.
Return for Risk
AHITX vs. MGK — Risk / Return Rank
AHITX
MGK
AHITX vs. MGK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds American High-Income Trust (AHITX) and Vanguard Mega Cap Growth ETF (MGK). 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.
| AHITX | MGK | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.53 | 0.85 | +0.68 |
Sortino ratioReturn per unit of downside risk | 1.99 | 1.39 | +0.60 |
Omega ratioGain probability vs. loss probability | 1.36 | 1.19 | +0.17 |
Calmar ratioReturn relative to maximum drawdown | 2.03 | 1.23 | +0.80 |
Martin ratioReturn relative to average drawdown | 8.61 | 4.27 | +4.34 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AHITX | MGK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.53 | 0.85 | +0.68 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.90 | 0.56 | +0.34 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.12 | 0.78 | +0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.42 | 0.60 | +0.82 |
Correlation
The correlation between AHITX and MGK is 0.39, 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. MGK - Dividend Comparison
AHITX's dividend yield for the trailing twelve months is around 5.86%, more than MGK's 0.39% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AHITX American Funds American High-Income Trust | 5.86% | 6.26% | 6.25% | 5.87% | 4.17% | 4.27% | 5.81% | 6.19% | 6.31% | 5.99% | 5.05% | 6.92% |
MGK Vanguard Mega Cap Growth ETF | 0.39% | 0.35% | 0.43% | 0.50% | 0.70% | 0.41% | 0.65% | 0.85% | 1.12% | 1.23% | 1.53% | 1.43% |
Drawdowns
AHITX vs. MGK - Drawdown Comparison
The maximum AHITX drawdown since its inception was -34.81%, smaller than the maximum MGK drawdown of -47.97%. Use the drawdown chart below to compare losses from any high point for AHITX and MGK.
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Drawdown Indicators
| AHITX | MGK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.81% | -47.97% | +13.16% |
Max Drawdown (1Y)Largest decline over 1 year | -3.38% | -16.85% | +13.47% |
Max Drawdown (5Y)Largest decline over 5 years | -13.93% | -36.01% | +22.08% |
Max Drawdown (10Y)Largest decline over 10 years | -21.22% | -36.01% | +14.79% |
Current DrawdownCurrent decline from peak | -1.81% | -12.56% | +10.75% |
Average DrawdownAverage peak-to-trough decline | -2.68% | -7.51% | +4.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.80% | 4.87% | -4.07% |
Volatility
AHITX vs. MGK - Volatility Comparison
The current volatility for American Funds American High-Income Trust (AHITX) is 1.37%, while Vanguard Mega Cap Growth ETF (MGK) has a volatility of 7.13%. This indicates that AHITX experiences smaller price fluctuations and is considered to be less risky than MGK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AHITX | MGK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.37% | 7.13% | -5.76% |
Volatility (6M)Calculated over the trailing 6-month period | 2.35% | 12.93% | -10.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.30% | 23.35% | -19.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.93% | 22.63% | -17.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.48% | 21.82% | -16.34% |