AHITX vs. SPY
Compare and contrast key facts about American Funds American High-Income Trust (AHITX) and SPDR S&P 500 ETF (SPY).
AHITX is managed by American Funds. It was launched on Feb 19, 1988. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AHITX or SPY.
Performance
AHITX vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, AHITX achieves a 9.18% return, which is significantly lower than SPY's 26.08% return. Over the past 10 years, AHITX has underperformed SPY with an annualized return of 4.85%, while SPY has yielded a comparatively higher 13.10% annualized return.
AHITX
9.18%
0.94%
6.07%
15.01%
5.93%
4.85%
SPY
26.08%
1.77%
13.59%
32.24%
15.62%
13.10%
Key characteristics
| AHITX | SPY | |
|---|---|---|
| Sharpe Ratio | 4.08 | 2.70 |
| Sortino Ratio | 7.28 | 3.60 |
| Omega Ratio | 2.02 | 1.50 |
| Calmar Ratio | 4.50 | 3.90 |
| Martin Ratio | 31.83 | 17.52 |
| Ulcer Index | 0.47% | 1.87% |
| Daily Std Dev | 3.68% | 12.14% |
| Max Drawdown | -34.94% | -55.19% |
| Current Drawdown | -0.10% | -0.85% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AHITX vs. SPY - Expense Ratio Comparison
AHITX has a 0.69% expense ratio, which is higher than SPY's 0.09% expense ratio.
Correlation
The correlation between AHITX and SPY is 0.34, 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.
Risk-Adjusted Performance
AHITX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds American High-Income Trust (AHITX) and SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
AHITX's dividend yield for the trailing twelve months is around 6.20%, more than SPY's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AHITX American Funds American High-Income Trust | 6.20% | 6.43% | 5.52% | 4.28% | 5.81% | 6.19% | 6.31% | 5.47% | 5.60% | 6.95% | 6.37% | 6.27% |
SPY SPDR S&P 500 ETF | 1.18% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
AHITX vs. SPY - Drawdown Comparison
The maximum AHITX drawdown since its inception was -34.94%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for AHITX and SPY. For additional features, visit the drawdowns tool.
Volatility
AHITX vs. SPY - Volatility Comparison
The current volatility for American Funds American High-Income Trust (AHITX) is 0.71%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.98%. This indicates that AHITX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.