AMECX vs. AMRMX
Compare and contrast key facts about American Funds The Income Fund of America Class A (AMECX) and American Funds American Mutual Fund Class A (AMRMX).
AMECX is managed by American Funds. It was launched on Dec 1, 1973. AMRMX is managed by American Funds. It was launched on Feb 21, 1950.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMECX or AMRMX.
Key characteristics
| AMECX | AMRMX | |
|---|---|---|
| YTD Return | 13.95% | 19.15% |
| 1Y Return | 22.99% | 28.78% |
| 3Y Return (Ann) | 6.18% | 9.81% |
| 5Y Return (Ann) | 8.20% | 11.54% |
| 10Y Return (Ann) | 7.52% | 10.77% |
| Sharpe Ratio | 2.95 | 3.15 |
| Sortino Ratio | 4.16 | 4.35 |
| Omega Ratio | 1.56 | 1.58 |
| Calmar Ratio | 2.13 | 3.23 |
| Martin Ratio | 19.45 | 21.91 |
| Ulcer Index | 1.18% | 1.33% |
| Daily Std Dev | 7.79% | 9.27% |
| Max Drawdown | -44.46% | -47.60% |
| Current Drawdown | 0.00% | -0.02% |
Correlation
The correlation between AMECX and AMRMX is 0.89, 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
AMECX vs. AMRMX - Performance Comparison
In the year-to-date period, AMECX achieves a 13.95% return, which is significantly lower than AMRMX's 19.15% return. Over the past 10 years, AMECX has underperformed AMRMX with an annualized return of 7.52%, while AMRMX has yielded a comparatively higher 10.77% 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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AMECX vs. AMRMX - Expense Ratio Comparison
AMECX has a 0.56% expense ratio, which is lower than AMRMX's 0.58% expense ratio.
Risk-Adjusted Performance
AMECX vs. AMRMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds The Income Fund of America Class A (AMECX) and American Funds American Mutual Fund Class A (AMRMX). 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
AMECX vs. AMRMX - Dividend Comparison
AMECX's dividend yield for the trailing twelve months is around 3.28%, more than AMRMX's 3.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMECX American Funds The Income Fund of America Class A | 3.28% | 3.66% | 6.98% | 6.67% | 2.80% | 5.37% | 7.63% | 4.96% | 3.09% | 5.08% | 3.64% | 3.17% |
AMRMX American Funds American Mutual Fund Class A | 3.21% | 3.75% | 4.88% | 4.67% | 1.74% | 4.76% | 6.61% | 6.09% | 4.82% | 6.51% | 5.44% | 4.49% |
Drawdowns
AMECX vs. AMRMX - Drawdown Comparison
The maximum AMECX drawdown since its inception was -44.46%, smaller than the maximum AMRMX drawdown of -47.60%. Use the drawdown chart below to compare losses from any high point for AMECX and AMRMX. For additional features, visit the drawdowns tool.
Volatility
AMECX vs. AMRMX - Volatility Comparison
The current volatility for American Funds The Income Fund of America Class A (AMECX) is 1.62%, while American Funds American Mutual Fund Class A (AMRMX) has a volatility of 2.28%. This indicates that AMECX experiences smaller price fluctuations and is considered to be less risky than AMRMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.