AMECX vs. SMMD
Compare and contrast key facts about American Funds The Income Fund of America Class A (AMECX) and iShares Russell 2500 ETF (SMMD).
AMECX is managed by American Funds. It was launched on Dec 1, 1973. SMMD is a passively managed fund by iShares that tracks the performance of the Russell 2500 Index. It was launched on Jul 6, 2017.
Performance
AMECX vs. SMMD - Performance Comparison
Loading graphics...
AMECX vs. SMMD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMECX American Funds The Income Fund of America Class A | 1.48% | 17.77% | 10.84% | 6.79% | -6.40% | 17.37% | 4.49% | 18.50% | -5.27% | 6.85% |
SMMD iShares Russell 2500 ETF | 2.10% | 11.72% | 11.87% | 17.71% | -18.53% | 18.30% | 19.98% | 28.01% | -10.58% | 10.82% |
Returns By Period
In the year-to-date period, AMECX achieves a 1.48% return, which is significantly lower than SMMD's 2.10% return.
AMECX
- 1D
- 0.23%
- 1M
- -5.74%
- YTD
- 1.48%
- 6M
- 4.22%
- 1Y
- 14.19%
- 3Y*
- 11.95%
- 5Y*
- 7.95%
- 10Y*
- 8.21%
SMMD
- 1D
- 3.53%
- 1M
- -5.15%
- YTD
- 2.10%
- 6M
- 4.19%
- 1Y
- 23.65%
- 3Y*
- 13.21%
- 5Y*
- 5.12%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AMECX vs. SMMD - Expense Ratio Comparison
AMECX has a 0.56% expense ratio, which is higher than SMMD's 0.15% expense ratio.
Return for Risk
AMECX vs. SMMD — Risk / Return Rank
AMECX
SMMD
AMECX vs. SMMD - 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 iShares Russell 2500 ETF (SMMD). 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.
| AMECX | SMMD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.55 | 1.08 | +0.47 |
Sortino ratioReturn per unit of downside risk | 2.13 | 1.62 | +0.51 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.22 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | 1.71 | 1.67 | +0.04 |
Martin ratioReturn relative to average drawdown | 8.01 | 7.05 | +0.97 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| AMECX | SMMD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.55 | 1.08 | +0.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.85 | 0.25 | +0.60 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.77 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.72 | 0.42 | +0.29 |
Correlation
The correlation between AMECX and SMMD is 0.79, 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
AMECX vs. SMMD - Dividend Comparison
AMECX's dividend yield for the trailing twelve months is around 9.86%, more than SMMD's 1.22% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMECX American Funds The Income Fund of America Class A | 9.86% | 9.94% | 6.38% | 2.93% | 6.98% | 6.67% | 2.80% | 5.01% | 7.48% | 4.26% | 3.09% | 5.09% |
SMMD iShares Russell 2500 ETF | 1.22% | 1.28% | 1.27% | 1.44% | 1.79% | 1.12% | 1.31% | 1.50% | 2.45% | 0.68% | 0.00% | 0.00% |
Drawdowns
AMECX vs. SMMD - Drawdown Comparison
The maximum AMECX drawdown since its inception was -41.92%, roughly equal to the maximum SMMD drawdown of -41.06%. Use the drawdown chart below to compare losses from any high point for AMECX and SMMD.
Loading graphics...
Drawdown Indicators
| AMECX | SMMD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.92% | -41.06% | -0.86% |
Max Drawdown (1Y)Largest decline over 1 year | -8.19% | -14.02% | +5.83% |
Max Drawdown (5Y)Largest decline over 5 years | -15.78% | -28.26% | +12.48% |
Max Drawdown (10Y)Largest decline over 10 years | -26.13% | — | — |
Current DrawdownCurrent decline from peak | -5.74% | -6.47% | +0.73% |
Average DrawdownAverage peak-to-trough decline | -4.46% | -8.52% | +4.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.74% | 3.32% | -1.58% |
Volatility
AMECX vs. SMMD - Volatility Comparison
The current volatility for American Funds The Income Fund of America Class A (AMECX) is 2.94%, while iShares Russell 2500 ETF (SMMD) has a volatility of 7.30%. This indicates that AMECX experiences smaller price fluctuations and is considered to be less risky than SMMD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| AMECX | SMMD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.94% | 7.30% | -4.36% |
Volatility (6M)Calculated over the trailing 6-month period | 5.49% | 13.19% | -7.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.48% | 22.05% | -12.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.44% | 20.80% | -11.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.66% | 22.46% | -11.80% |