AICFX vs. CGUS

Last updated Jun 24, 2026

AICFX (The Investment Company of America Class F-1) and CGUS (Capital Group Core Equity ETF) are both Large Cap Blend Equities funds. Both are actively managed. Over the past 3 years, AICFX returned 22.92%/yr vs 21.44%/yr for CGUS. With a 0.99 correlation, they move nearly in lockstep. AICFX charges 0.63%/yr vs 0.33%/yr for CGUS.

Performance

AICFX vs. CGUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Investment Company of America Class F-1 (AICFX) and Capital Group Core Equity ETF (CGUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with AICFX having a 8.80% return and CGUS slightly lower at 8.46%.

AICFX

• 1D: -0.75%
• 1M: 0.11%
• YTD: 8.80%
• 6M: 8.18%
• 1Y: 22.66%
• 3Y*: 22.92%
• 5Y*: 14.46%
• 10Y*: 14.42%

CGUS

• 1D: -1.18%
• 1M: -0.39%
• YTD: 8.46%
• 6M: 7.89%
• 1Y: 22.50%
• 3Y*: 21.44%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AICFX vs. CGUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
AICFX The Investment Company of America Class F-1	8.80%	20.40%	24.82%	28.47%	-6.03%
CGUS Capital Group Core Equity ETF	8.46%	16.21%	24.89%	27.72%	-4.78%

Correlation

The correlation between AICFX and CGUS is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.97
Correlation (3Y) Calculated over the trailing 3-year period	0.98
Correlation (All Time) Calculated using the full available price history since Feb 24, 2022	0.99

The correlation between AICFX and CGUS has been stable across timeframes, ranging from 0.97 to 0.99 - a consistent structural relationship.

Return for Risk

AICFX vs. CGUS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AICFX

AICFX Risk / Return Rank: 45
AICFX Sharpe Ratio Rank: 44
AICFX Sortino Ratio Rank: 41
AICFX Omega Ratio Rank: 44
AICFX Calmar Ratio Rank: 42
AICFX Martin Ratio Rank: 54

CGUS

CGUS Risk / Return Rank: 54
CGUS Sharpe Ratio Rank: 53
CGUS Sortino Ratio Rank: 50
CGUS Omega Ratio Rank: 52
CGUS Calmar Ratio Rank: 50
CGUS Martin Ratio Rank: 62

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AICFX vs. CGUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Investment Company of America Class F-1 (AICFX) and Capital Group Core Equity ETF (CGUS). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AICFX	CGUS	Difference
Sharpe ratio: Return per unit of total volatility	1.80	1.73	+0.07
Sortino ratio: Return per unit of downside risk	2.49	2.36	+0.12
Omega ratio: Gain probability vs. loss probability	1.33	1.31	+0.01
Calmar ratio: Return relative to maximum drawdown	2.35	2.36	0.00
Martin ratio: Return relative to average drawdown	10.40	10.74	-0.34

AICFX vs. CGUS - Sharpe Ratio Comparison

The current AICFX Sharpe Ratio is 1.80, which is comparable to the CGUS Sharpe Ratio of 1.73. The chart below compares the historical Sharpe Ratios of AICFX and CGUS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AICFX vs. CGUS - Drawdown Comparison

The maximum AICFX drawdown since its inception was -50.91%, which is greater than CGUS's maximum drawdown of -21.86%. Use the drawdown chart below to compare losses from any high point for AICFX and CGUS.

Drawdown Indicators

	AICFX	CGUS	Difference
Max Drawdown Largest peak-to-trough decline	-50.91%	-21.86%	-29.05%
Max Drawdown (1Y) Largest decline over 1 year	-10.09%	-9.59%	-0.50%
Max Drawdown (3Y) Largest decline over 3 years	-17.42%	-18.06%	+0.64%
Max Drawdown (5Y) Largest decline over 5 years	-24.36%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-31.09%	—	—
Current Drawdown Current decline from peak	-1.84%	-2.07%	+0.23%
Average Drawdown Average peak-to-trough decline	-7.08%	-4.61%	-2.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.28%	2.10%	+0.18%

Volatility

AICFX vs. CGUS - Volatility Comparison

The Investment Company of America Class F-1 (AICFX) and Capital Group Core Equity ETF (CGUS) have volatilities of 4.98% and 4.95%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AICFX	CGUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.98%	4.95%	+0.03%
Volatility (6M) Calculated over the trailing 6-month period	10.54%	10.35%	+0.19%
Volatility (1Y) Calculated over the trailing 1-year period	13.22%	13.06%	+0.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.12%	16.51%	-0.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.63%	16.51%	+0.12%

AICFX vs. CGUS - Expense Ratio Comparison

AICFX has a 0.63% expense ratio, which is higher than CGUS's 0.33% expense ratio.

Dividends

AICFX vs. CGUS - Dividend Comparison

AICFX's dividend yield for the trailing twelve months is around 9.18%, more than CGUS's 0.88% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AICFX The Investment Company of America Class F-1	9.18%	10.58%	9.26%	4.92%	6.06%	6.89%	1.60%	6.10%	11.19%	7.00%	5.40%	8.90%
CGUS Capital Group Core Equity ETF	0.88%	0.95%	1.02%	1.22%	1.10%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AICFX and CGUS in my portfolio?

With a correlation of 0.97, AICFX and CGUS move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, AICFX or CGUS?

AICFX has higher volatility (4.98%) compared to CGUS (4.95%). In terms of maximum drawdown, AICFX dropped -50.91% vs CGUS's -21.86%.

Which has better risk-adjusted returns?

AICFX currently has the higher Sharpe Ratio (1.80 vs 1.73), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.