AMECX vs. SVOL
Compare and contrast key facts about American Funds The Income Fund of America Class A (AMECX) and Simplify Volatility Premium ETF (SVOL).
AMECX is managed by American Funds. It was launched on Dec 1, 1973. SVOL is an actively managed fund by Simplify Asset Management Inc.. It was launched on May 12, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMECX or SVOL.
Performance
AMECX vs. SVOL - Performance Comparison
Returns By Period
In the year-to-date period, AMECX achieves a 13.17% return, which is significantly higher than SVOL's 9.01% return.
AMECX
13.17%
-0.27%
9.15%
19.92%
7.56%
6.81%
SVOL
9.01%
1.37%
2.89%
11.17%
N/A
N/A
Key characteristics
| AMECX | SVOL | |
|---|---|---|
| Sharpe Ratio | 2.72 | 0.93 |
| Sortino Ratio | 3.77 | 1.27 |
| Omega Ratio | 1.51 | 1.23 |
| Calmar Ratio | 3.53 | 1.02 |
| Martin Ratio | 17.77 | 6.63 |
| Ulcer Index | 1.13% | 1.68% |
| Daily Std Dev | 7.38% | 12.01% |
| Max Drawdown | -44.46% | -15.68% |
| Current Drawdown | -0.88% | -0.78% |
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AMECX vs. SVOL - Expense Ratio Comparison
AMECX has a 0.56% expense ratio, which is higher than SVOL's 0.50% expense ratio.
Correlation
The correlation between AMECX and SVOL is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
AMECX vs. SVOL - 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 Simplify Volatility Premium ETF (SVOL). 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. SVOL - Dividend Comparison
AMECX's dividend yield for the trailing twelve months is around 3.30%, less than SVOL's 16.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMECX American Funds The Income Fund of America Class A | 3.30% | 3.66% | 3.38% | 2.86% | 3.19% | 3.20% | 3.35% | 2.82% | 3.09% | 3.26% | 3.64% | 3.17% |
SVOL Simplify Volatility Premium ETF | 16.40% | 16.37% | 18.31% | 4.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
AMECX vs. SVOL - Drawdown Comparison
The maximum AMECX drawdown since its inception was -44.46%, which is greater than SVOL's maximum drawdown of -15.68%. Use the drawdown chart below to compare losses from any high point for AMECX and SVOL. For additional features, visit the drawdowns tool.
Volatility
AMECX vs. SVOL - Volatility Comparison
The current volatility for American Funds The Income Fund of America Class A (AMECX) is 2.03%, while Simplify Volatility Premium ETF (SVOL) has a volatility of 3.23%. This indicates that AMECX experiences smaller price fluctuations and is considered to be less risky than SVOL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.