AMCPX vs. TLT
Compare and contrast key facts about American Funds AMCAP Fund Class A (AMCPX) and iShares 20+ Year Treasury Bond ETF (TLT).
AMCPX is managed by American Funds. It was launched on Jan 5, 1967. TLT is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. 20+ Year Treasury Bond Index. It was launched on Jul 26, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMCPX or TLT.
Key characteristics
| AMCPX | TLT | |
|---|---|---|
| YTD Return | 5.09% | -8.83% |
| 1Y Return | 24.24% | -11.15% |
| 3Y Return (Ann) | 3.59% | -11.49% |
| 5Y Return (Ann) | 10.22% | -4.04% |
| 10Y Return (Ann) | 10.45% | 0.34% |
| Sharpe Ratio | 1.80 | -0.63 |
| Daily Std Dev | 13.47% | 17.28% |
| Max Drawdown | -52.11% | -48.35% |
| Current Drawdown | -5.32% | -43.19% |
Correlation
The correlation between AMCPX and TLT is -0.28. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
AMCPX vs. TLT - Performance Comparison
In the year-to-date period, AMCPX achieves a 5.09% return, which is significantly higher than TLT's -8.83% return. Over the past 10 years, AMCPX has outperformed TLT with an annualized return of 10.45%, while TLT has yielded a comparatively lower 0.34% 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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AMCPX vs. TLT - Expense Ratio Comparison
Risk-Adjusted Performance
AMCPX vs. TLT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds AMCAP Fund Class A (AMCPX) and iShares 20+ Year Treasury Bond ETF (TLT). 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
AMCPX vs. TLT - Dividend Comparison
AMCPX's dividend yield for the trailing twelve months is around 3.10%, less than TLT's 3.88% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMCPX American Funds AMCAP Fund Class A | 3.10% | 3.26% | 7.54% | 5.94% | 3.88% | 4.90% | 10.89% | 5.37% | 3.81% | 8.86% | 9.35% | 8.41% |
TLT iShares 20+ Year Treasury Bond ETF | 3.88% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% | 2.67% | 3.26% |
Drawdowns
AMCPX vs. TLT - Drawdown Comparison
The maximum AMCPX drawdown since its inception was -52.11%, which is greater than TLT's maximum drawdown of -48.35%. Use the drawdown chart below to compare losses from any high point for AMCPX and TLT. For additional features, visit the drawdowns tool.
Volatility
AMCPX vs. TLT - Volatility Comparison
The current volatility for American Funds AMCAP Fund Class A (AMCPX) is 3.96%, while iShares 20+ Year Treasury Bond ETF (TLT) has a volatility of 4.37%. This indicates that AMCPX experiences smaller price fluctuations and is considered to be less risky than TLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.