AIBAX vs. AMECX
Compare and contrast key facts about American Funds Intermediate Bond Fund of America (AIBAX) and American Funds The Income Fund of America Class A (AMECX).
AIBAX is managed by American Funds. It was launched on Feb 19, 1988. AMECX is managed by American Funds. It was launched on Dec 1, 1973.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AIBAX or AMECX.
Correlation
The correlation between AIBAX and AMECX is 0.05, 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.
Performance
AIBAX vs. AMECX - Performance Comparison
Key characteristics
AIBAX:
0.70
AMECX:
0.90
AIBAX:
1.02
AMECX:
1.16
AIBAX:
1.13
AMECX:
1.18
AIBAX:
0.33
AMECX:
0.97
AIBAX:
2.09
AMECX:
5.20
AIBAX:
1.29%
AMECX:
1.49%
AIBAX:
3.86%
AMECX:
8.58%
AIBAX:
-12.76%
AMECX:
-44.46%
AIBAX:
-4.22%
AMECX:
-7.27%
Returns By Period
In the year-to-date period, AIBAX achieves a 2.14% return, which is significantly lower than AMECX's 6.15% return. Over the past 10 years, AIBAX has underperformed AMECX with an annualized return of 0.98%, while AMECX has yielded a comparatively higher 6.14% annualized return.
AIBAX
2.14%
-0.16%
1.88%
2.70%
0.42%
0.98%
AMECX
6.15%
-5.58%
1.58%
7.02%
5.60%
6.14%
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AIBAX vs. AMECX - Expense Ratio Comparison
AIBAX has a 0.63% expense ratio, which is higher than AMECX's 0.56% expense ratio.
Risk-Adjusted Performance
AIBAX vs. AMECX - 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 The Income Fund of America Class A (AMECX). 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
AIBAX vs. AMECX - Dividend Comparison
AIBAX's dividend yield for the trailing twelve months is around 3.65%, more than AMECX's 2.09% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
American Funds Intermediate Bond Fund of America | 3.65% | 3.33% | 2.13% | 0.92% | 1.16% | 1.84% | 1.66% | 1.11% | 1.22% | 1.30% | 1.24% | 1.65% |
American Funds The Income Fund of America Class A | 2.09% | 3.66% | 3.38% | 2.86% | 3.19% | 3.20% | 3.35% | 2.82% | 3.09% | 3.26% | 3.64% | 3.17% |
Drawdowns
AIBAX vs. AMECX - Drawdown Comparison
The maximum AIBAX drawdown since its inception was -12.76%, smaller than the maximum AMECX drawdown of -44.46%. Use the drawdown chart below to compare losses from any high point for AIBAX and AMECX. For additional features, visit the drawdowns tool.
Volatility
AIBAX vs. AMECX - Volatility Comparison
The current volatility for American Funds Intermediate Bond Fund of America (AIBAX) is 0.94%, while American Funds The Income Fund of America Class A (AMECX) has a volatility of 4.98%. This indicates that AIBAX experiences smaller price fluctuations and is considered to be less risky than AMECX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.