AMECX vs. FSRRX
AMECX (American Funds The Income Fund of America Class A) and FSRRX (Fidelity Strategic Real Return Fund) are both Diversified Portfolio funds. Over the past 10 years, AMECX returned 8.39%/yr vs 5.50%/yr for FSRRX. Their 0.62 correlation means they have sometimes moved together and sometimes differently. AMECX charges 0.56%/yr vs 0.70%/yr for FSRRX.
Performance
AMECX vs. FSRRX - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with AMECX having a 8.35% return and FSRRX slightly lower at 8.14%. Over the past 10 years, AMECX has outperformed FSRRX with an annualized return of 8.39%, while FSRRX has yielded a comparatively lower 5.50% annualized return.
AMECX
- 1D
- -0.11%
- 1M
- 1.12%
- 6M
- 4.36%
- YTD
- 8.35%
- 1Y
- 16.19%
- 3Y*
- 13.30%
- 5Y*
- 8.28%
- 10Y*
- 8.39%
- ALL TIME*
- 7.75%
FSRRX
- 1D
- -0.21%
- 1M
- 1.83%
- 6M
- 5.41%
- YTD
- 8.14%
- 1Y
- 14.51%
- 3Y*
- 8.74%
- 5Y*
- 5.77%
- 10Y*
- 5.50%
- ALL TIME*
- 4.02%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
AMECX vs. FSRRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMECX American Funds The Income Fund of America Class A | 8.35% | 17.77% | 10.84% | 6.79% | -6.40% | 17.37% | 4.49% | 18.50% | -5.27% | 12.58% |
FSRRX Fidelity Strategic Real Return Fund | 8.14% | 10.45% | 5.84% | 4.59% | -3.34% | 15.84% | 3.74% | 10.48% | -3.99% | 3.00% |
Correlation
The correlation between AMECX and FSRRX is 0.61, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.61 |
Correlation (3Y) Balances recent behavior with more history. | 0.70 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.74 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.68 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2005 | 0.62 |
The correlation between AMECX and FSRRX shifts across timeframes, from 0.61 (1 year) to 0.74 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AMECX vs. FSRRX — Risk / Return Rank
AMECX
FSRRX
AMECX vs. FSRRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds The Income Fund of America Class A (AMECX) and Fidelity Strategic Real Return Fund (FSRRX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AMECX | FSRRX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.84 | ||
| Sortino ratioReturn per unit of downside risk | -1.05 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.59 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 2.59 | 4.23 | -1.64 |
| Martin ratioReturn relative to average drawdown | 9.50 | 15.07 | -5.56 |
Loading charts...
Drawdowns
AMECX vs. FSRRX - Drawdown Comparison
The maximum AMECX drawdown since its inception was -41.92%, which is greater than FSRRX's maximum drawdown of -33.42%. Use the drawdown chart below to compare losses from any high point for AMECX and FSRRX.
Loading charts...
Drawdown Indicators
| AMECX | FSRRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.92% | -33.42% | -8.50% |
Max Drawdown (1Y)Largest decline over 1 year | -6.13% | -3.42% | -2.71% |
Max Drawdown (3Y)Largest decline over 3 years | -8.58% | -5.80% | -2.78% |
Max Drawdown (5Y)Largest decline over 5 years | -15.78% | -12.78% | -3.00% |
Max Drawdown (10Y)Largest decline over 10 years | -26.13% | -19.93% | -6.20% |
Current DrawdownCurrent decline from peak | -0.29% | -1.22% | +0.93% |
Average DrawdownAverage peak-to-trough decline | -4.44% | -4.20% | -0.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.67% | 0.96% | +0.71% |
Volatility
AMECX vs. FSRRX - Volatility Comparison
American Funds The Income Fund of America Class A (AMECX) has a higher volatility of 2.00% compared to Fidelity Strategic Real Return Fund (FSRRX) at 1.25%. This indicates that AMECX's price experiences larger fluctuations and is considered to be riskier than FSRRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AMECX | FSRRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.00% | 1.25% | +0.75% |
Volatility (6M)Calculated over the trailing 6-month period | 5.86% | 3.76% | +2.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.40% | 4.85% | +2.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.43% | 6.87% | +2.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.63% | 6.72% | +3.91% |
AMECX vs. FSRRX - Expense Ratio Comparison
AMECX has a 0.56% expense ratio, which is lower than FSRRX's 0.70% expense ratio.
Dividends
AMECX vs. FSRRX - Dividend Comparison
AMECX's dividend yield for the trailing twelve months is around 9.29%, more than FSRRX's 4.59% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMECX American Funds The Income Fund of America Class A | 9.29% | 9.94% | 6.38% | 2.93% | 6.98% | 6.67% | 2.80% | 5.01% | 7.48% | 4.26% | 3.09% | 5.09% |
FSRRX Fidelity Strategic Real Return Fund | 4.59% | 4.68% | 4.82% | 5.29% | 7.31% | 5.35% | 2.25% | 3.05% | 9.39% | 1.57% | 2.34% | 1.75% |
Frequently Asked Questions
AMECX and FSRRX have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMECX has higher volatility (2.00%) compared to FSRRX (1.25%). In terms of maximum drawdown, AMECX dropped -41.92% vs FSRRX's -33.42%.
FSRRX currently has the higher Sharpe Ratio (2.99 vs 2.15), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for AMECX and FSRRX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer