Correlation
The correlation between AIBAX and AHITX is -0.06. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
AIBAX vs. AHITX
Compare and contrast key facts about American Funds Intermediate Bond Fund of America (AIBAX) and American Funds American High-Income Trust (AHITX).
AIBAX is managed by American Funds. It was launched on Feb 19, 1988. AHITX is managed by American Funds. It was launched on Feb 19, 1988.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AIBAX or AHITX.
Performance
AIBAX vs. AHITX - Performance Comparison
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Key characteristics
AIBAX:
1.77
AHITX:
1.96
AIBAX:
2.73
AHITX:
2.69
AIBAX:
1.34
AHITX:
1.41
AIBAX:
1.22
AHITX:
2.01
AIBAX:
5.59
AHITX:
8.58
AIBAX:
1.22%
AHITX:
0.93%
AIBAX:
3.82%
AHITX:
4.15%
AIBAX:
-10.99%
AHITX:
-34.14%
AIBAX:
-0.95%
AHITX:
-0.67%
Returns By Period
In the year-to-date period, AIBAX achieves a 2.62% return, which is significantly higher than AHITX's 1.32% return. Over the past 10 years, AIBAX has underperformed AHITX with an annualized return of 1.65%, while AHITX has yielded a comparatively higher 4.78% annualized return.
AIBAX
2.62%
-0.63%
2.15%
6.10%
2.23%
0.59%
1.65%
AHITX
1.32%
0.31%
0.94%
7.38%
6.45%
6.97%
4.78%
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AIBAX vs. AHITX - Expense Ratio Comparison
AIBAX has a 0.63% expense ratio, which is lower than AHITX's 0.69% expense ratio.
Risk-Adjusted Performance
AIBAX vs. AHITX — Risk-Adjusted Performance Rank
AIBAX
AHITX
AIBAX vs. AHITX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Intermediate Bond Fund of America (AIBAX) and American Funds American High-Income Trust (AHITX). 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
AIBAX vs. AHITX - Dividend Comparison
AIBAX's dividend yield for the trailing twelve months is around 3.66%, less than AHITX's 5.80% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AIBAX American Funds Intermediate Bond Fund of America | 3.66% | 4.00% | 3.33% | 2.13% | 0.92% | 3.24% | 2.74% | 1.66% | 1.11% | 1.82% | 1.53% | 1.24% |
AHITX American Funds American High-Income Trust | 5.80% | 6.25% | 6.43% | 5.52% | 4.28% | 5.81% | 6.19% | 6.31% | 5.47% | 5.60% | 6.95% | 6.37% |
Drawdowns
AIBAX vs. AHITX - Drawdown Comparison
The maximum AIBAX drawdown since its inception was -10.99%, smaller than the maximum AHITX drawdown of -34.14%. Use the drawdown chart below to compare losses from any high point for AIBAX and AHITX.
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Volatility
AIBAX vs. AHITX - Volatility Comparison
The current volatility for American Funds Intermediate Bond Fund of America (AIBAX) is 1.19%, while American Funds American High-Income Trust (AHITX) has a volatility of 1.26%. This indicates that AIBAX experiences smaller price fluctuations and is considered to be less risky than AHITX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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