AIVSX vs. FOCPX
Compare and contrast key facts about American Funds Investment Company of America Class A (AIVSX) and Fidelity OTC Portfolio (FOCPX).
AIVSX is managed by American Funds. It was launched on Jan 1, 1934. FOCPX is managed by Fidelity. It was launched on Dec 31, 1984.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AIVSX or FOCPX.
Key characteristics
| AIVSX | FOCPX | |
|---|---|---|
| YTD Return | 6.47% | 8.58% |
| 1Y Return | 27.42% | 33.90% |
| 3Y Return (Ann) | 9.15% | 6.29% |
| 5Y Return (Ann) | 12.53% | 16.50% |
| 10Y Return (Ann) | 11.16% | 17.25% |
| Sharpe Ratio | 2.21 | 2.02 |
| Daily Std Dev | 11.71% | 16.13% |
| Max Drawdown | -50.56% | -69.01% |
| Current Drawdown | -3.60% | -5.74% |
Correlation
The correlation between AIVSX and FOCPX is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AIVSX vs. FOCPX - Performance Comparison
In the year-to-date period, AIVSX achieves a 6.47% return, which is significantly lower than FOCPX's 8.58% return. Over the past 10 years, AIVSX has underperformed FOCPX with an annualized return of 11.16%, while FOCPX has yielded a comparatively higher 17.25% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AIVSX vs. FOCPX - Expense Ratio Comparison
AIVSX has a 0.57% expense ratio, which is lower than FOCPX's 0.80% expense ratio.
Risk-Adjusted Performance
AIVSX vs. FOCPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Investment Company of America Class A (AIVSX) and Fidelity OTC Portfolio (FOCPX). 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
AIVSX vs. FOCPX - Dividend Comparison
AIVSX's dividend yield for the trailing twelve months is around 4.67%, more than FOCPX's 0.05% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AIVSX American Funds Investment Company of America Class A | 4.67% | 4.96% | 6.12% | 6.94% | 1.65% | 6.51% | 11.61% | 7.25% | 5.45% | 9.75% | 11.66% | 9.04% |
FOCPX Fidelity OTC Portfolio | 0.05% | 0.05% | 4.06% | 11.53% | 6.23% | 7.58% | 7.93% | 4.86% | 3.24% | 4.64% | 12.91% | 13.60% |
Drawdowns
AIVSX vs. FOCPX - Drawdown Comparison
The maximum AIVSX drawdown since its inception was -50.56%, smaller than the maximum FOCPX drawdown of -69.01%. Use the drawdown chart below to compare losses from any high point for AIVSX and FOCPX. For additional features, visit the drawdowns tool.
Volatility
AIVSX vs. FOCPX - Volatility Comparison
The current volatility for American Funds Investment Company of America Class A (AIVSX) is 4.31%, while Fidelity OTC Portfolio (FOCPX) has a volatility of 6.35%. This indicates that AIVSX experiences smaller price fluctuations and is considered to be less risky than FOCPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.