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AIVSX vs. SSHQX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

AIVSX vs. SSHQX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds Investment Company of America Class A (AIVSX) and State Street Hedged International Developed Equity Index Fund (SSHQX). The values are adjusted to include any dividend payments, if applicable.

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AIVSX vs. SSHQX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
AIVSX
American Funds Investment Company of America Class A
-4.87%20.47%24.90%28.56%-15.50%25.10%14.47%24.10%-8.21%19.54%
SSHQX
State Street Hedged International Developed Equity Index Fund
2.41%23.42%13.71%19.74%-4.73%19.32%-89.75%24.83%-9.27%16.85%

Returns By Period

In the year-to-date period, AIVSX achieves a -4.87% return, which is significantly lower than SSHQX's 2.41% return. Over the past 10 years, AIVSX has outperformed SSHQX with an annualized return of 12.88%, while SSHQX has yielded a comparatively lower -11.24% annualized return.


AIVSX

1D
3.05%
1M
-5.90%
YTD
-4.87%
6M
-3.21%
1Y
17.66%
3Y*
20.05%
5Y*
12.46%
10Y*
12.88%

SSHQX

1D
1.89%
1M
-4.81%
YTD
2.41%
6M
8.34%
1Y
21.02%
3Y*
16.59%
5Y*
12.47%
10Y*
-11.24%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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AIVSX vs. SSHQX - Expense Ratio Comparison

AIVSX has a 0.57% expense ratio, which is higher than SSHQX's 0.20% expense ratio.


Return for Risk

AIVSX vs. SSHQX — Risk / Return Rank

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

AIVSX
AIVSX Risk / Return Rank: 6363
Overall Rank
AIVSX Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
AIVSX Sortino Ratio Rank: 5959
Sortino Ratio Rank
AIVSX Omega Ratio Rank: 5757
Omega Ratio Rank
AIVSX Calmar Ratio Rank: 7272
Calmar Ratio Rank
AIVSX Martin Ratio Rank: 7474
Martin Ratio Rank

SSHQX
SSHQX Risk / Return Rank: 7373
Overall Rank
SSHQX Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
SSHQX Sortino Ratio Rank: 7272
Sortino Ratio Rank
SSHQX Omega Ratio Rank: 7676
Omega Ratio Rank
SSHQX Calmar Ratio Rank: 7171
Calmar Ratio Rank
SSHQX Martin Ratio Rank: 7373
Martin Ratio Rank
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.

AIVSX vs. SSHQX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds Investment Company of America Class A (AIVSX) and State Street Hedged International Developed Equity Index Fund (SSHQX). 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.


AIVSXSSHQXDifference

Sharpe ratio

Return per unit of total volatility

1.04

1.36

-0.32

Sortino ratio

Return per unit of downside risk

1.59

1.89

-0.30

Omega ratio

Gain probability vs. loss probability

1.23

1.30

-0.07

Calmar ratio

Return relative to maximum drawdown

1.72

1.77

-0.05

Martin ratio

Return relative to average drawdown

7.16

7.39

-0.23

AIVSX vs. SSHQX - Sharpe Ratio Comparison

The current AIVSX Sharpe Ratio is 1.04, which is comparable to the SSHQX Sharpe Ratio of 1.36. The chart below compares the historical Sharpe Ratios of AIVSX and SSHQX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


AIVSXSSHQXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.04

1.36

-0.32

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.78

0.94

-0.16

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.78

-0.35

+1.13

Sharpe Ratio (All Time)

Calculated using the full available price history

0.67

-0.36

+1.03

Correlation

The correlation between AIVSX and SSHQX is 0.73, 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.


Dividends

AIVSX vs. SSHQX - Dividend Comparison

AIVSX's dividend yield for the trailing twelve months is around 11.17%, more than SSHQX's 3.52% yield.


TTM20252024202320222021202020192018201720162015
AIVSX
American Funds Investment Company of America Class A
11.17%10.60%9.29%4.96%6.12%6.94%1.65%6.15%9.61%7.08%5.48%8.95%
SSHQX
State Street Hedged International Developed Equity Index Fund
3.52%3.60%3.11%3.77%22.27%2.93%2.03%5.14%7.33%3.12%4.30%0.00%

Drawdowns

AIVSX vs. SSHQX - Drawdown Comparison

The maximum AIVSX drawdown since its inception was -50.90%, smaller than the maximum SSHQX drawdown of -92.12%. Use the drawdown chart below to compare losses from any high point for AIVSX and SSHQX.


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Drawdown Indicators


AIVSXSSHQXDifference

Max Drawdown

Largest peak-to-trough decline

-50.90%

-92.12%

+41.22%

Max Drawdown (1Y)

Largest decline over 1 year

-10.76%

-11.15%

+0.39%

Max Drawdown (5Y)

Largest decline over 5 years

-24.31%

-14.79%

-9.52%

Max Drawdown (10Y)

Largest decline over 10 years

-31.09%

-92.12%

+61.03%

Current Drawdown

Current decline from peak

-7.34%

-80.46%

+73.12%

Average Drawdown

Average peak-to-trough decline

-5.93%

-51.83%

+45.90%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.59%

2.74%

-0.15%

Volatility

AIVSX vs. SSHQX - Volatility Comparison

American Funds Investment Company of America Class A (AIVSX) and State Street Hedged International Developed Equity Index Fund (SSHQX) have volatilities of 5.75% and 6.05%, 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.


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Volatility by Period


AIVSXSSHQXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.75%

6.05%

-0.30%

Volatility (6M)

Calculated over the trailing 6-month period

9.93%

9.40%

+0.53%

Volatility (1Y)

Calculated over the trailing 1-year period

17.56%

15.69%

+1.87%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.96%

13.32%

+2.64%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.55%

32.23%

-15.68%