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 MSCI US Large Cap Growth Index. It was launched on Dec 17, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AHITX or MGK.
Correlation
The correlation between AHITX and MGK is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AHITX vs. MGK - Performance Comparison
Key characteristics
AHITX:
1.79
MGK:
0.56
AHITX:
2.46
MGK:
0.92
AHITX:
1.38
MGK:
1.13
AHITX:
1.78
MGK:
0.59
AHITX:
7.56
MGK:
1.99
AHITX:
0.93%
MGK:
6.96%
AHITX:
4.03%
MGK:
25.50%
AHITX:
-34.94%
MGK:
-48.36%
AHITX:
-1.31%
MGK:
-9.37%
Returns By Period
In the year-to-date period, AHITX achieves a 0.67% return, which is significantly higher than MGK's -5.65% return. Over the past 10 years, AHITX has underperformed MGK with an annualized return of 4.76%, while MGK has yielded a comparatively higher 15.48% annualized return.
AHITX
0.67%
2.65%
1.03%
7.16%
7.63%
4.76%
MGK
-5.65%
18.26%
-4.29%
14.23%
17.40%
15.48%
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AHITX vs. MGK - Expense Ratio Comparison
AHITX has a 0.69% expense ratio, which is higher than MGK's 0.07% expense ratio.
Risk-Adjusted Performance
AHITX vs. MGK — Risk-Adjusted Performance Rank
AHITX
MGK
AHITX vs. MGK - Risk-Adjusted Performance 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.
Dividends
AHITX vs. MGK - Dividend Comparison
AHITX's dividend yield for the trailing twelve months is around 5.81%, more than MGK's 0.47% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AHITX American Funds American High-Income Trust | 5.81% | 6.25% | 6.43% | 5.52% | 4.28% | 5.81% | 6.19% | 6.31% | 5.47% | 5.60% | 6.95% | 6.37% |
MGK Vanguard Mega Cap Growth ETF | 0.47% | 0.43% | 0.50% | 0.70% | 0.41% | 0.65% | 0.85% | 1.12% | 1.23% | 1.53% | 1.43% | 1.25% |
Drawdowns
AHITX vs. MGK - Drawdown Comparison
The maximum AHITX drawdown since its inception was -34.94%, smaller than the maximum MGK drawdown of -48.36%. Use the drawdown chart below to compare losses from any high point for AHITX and MGK. For additional features, visit the drawdowns tool.
Volatility
AHITX vs. MGK - Volatility Comparison
The current volatility for American Funds American High-Income Trust (AHITX) is 1.31%, while Vanguard Mega Cap Growth ETF (MGK) has a volatility of 14.19%. 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.