AIVSX vs. VOO
Compare and contrast key facts about American Funds Investment Company of America Class A (AIVSX) and Vanguard S&P 500 ETF (VOO).
AIVSX is managed by American Funds. It was launched on Jan 1, 1934. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AIVSX or VOO.
Key characteristics
| AIVSX | VOO | |
|---|---|---|
| YTD Return | 7.83% | 6.76% |
| 1Y Return | 28.69% | 24.48% |
| 3Y Return (Ann) | 9.71% | 8.34% |
| 5Y Return (Ann) | 12.77% | 13.51% |
| 10Y Return (Ann) | 11.45% | 12.61% |
| Sharpe Ratio | 2.44 | 2.08 |
| Daily Std Dev | 11.76% | 11.83% |
| Max Drawdown | -50.56% | -33.99% |
| Current Drawdown | -2.38% | -3.43% |
Correlation
The correlation between AIVSX and VOO is 0.97, 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. VOO - Performance Comparison
In the year-to-date period, AIVSX achieves a 7.83% return, which is significantly higher than VOO's 6.76% return. Over the past 10 years, AIVSX has underperformed VOO with an annualized return of 11.45%, while VOO has yielded a comparatively higher 12.61% 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. VOO - Expense Ratio Comparison
AIVSX has a 0.57% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
AIVSX vs. VOO - 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 Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
AIVSX's dividend yield for the trailing twelve months is around 4.62%, more than VOO's 1.38% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AIVSX American Funds Investment Company of America Class A | 4.62% | 4.96% | 6.12% | 6.94% | 1.65% | 6.51% | 11.61% | 7.25% | 5.45% | 9.75% | 11.66% | 9.04% |
VOO Vanguard S&P 500 ETF | 1.38% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
AIVSX vs. VOO - Drawdown Comparison
The maximum AIVSX drawdown since its inception was -50.56%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for AIVSX and VOO. For additional features, visit the drawdowns tool.
Volatility
AIVSX vs. VOO - Volatility Comparison
American Funds Investment Company of America Class A (AIVSX) has a higher volatility of 3.90% compared to Vanguard S&P 500 ETF (VOO) at 3.56%. This indicates that AIVSX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.