AMRMX vs. AMECX
Compare and contrast key facts about American Funds American Mutual Fund Class A (AMRMX) and American Funds The Income Fund of America Class A (AMECX).
AMRMX is managed by American Funds. It was launched on Feb 21, 1950. AMECX is managed by American Funds. It was launched on Dec 1, 1973.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMRMX or AMECX.
Key characteristics
| AMRMX | AMECX | |
|---|---|---|
| YTD Return | 3.26% | 1.53% |
| 1Y Return | 9.86% | 6.89% |
| 3Y Return (Ann) | 6.57% | 3.32% |
| 5Y Return (Ann) | 9.27% | 6.48% |
| 10Y Return (Ann) | 9.24% | 6.17% |
| Sharpe Ratio | 1.11 | 0.83 |
| Daily Std Dev | 9.04% | 8.00% |
| Max Drawdown | -47.60% | -44.46% |
| Current Drawdown | -3.57% | -2.68% |
Correlation
The correlation between AMRMX and AMECX 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
AMRMX vs. AMECX - Performance Comparison
In the year-to-date period, AMRMX achieves a 3.26% return, which is significantly higher than AMECX's 1.53% return. Over the past 10 years, AMRMX has outperformed AMECX with an annualized return of 9.24%, while AMECX has yielded a comparatively lower 6.17% 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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AMRMX vs. AMECX - Expense Ratio Comparison
AMRMX has a 0.58% expense ratio, which is higher than AMECX's 0.56% expense ratio.
Risk-Adjusted Performance
AMRMX vs. AMECX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds American Mutual Fund Class A (AMRMX) and American Funds The Income Fund of America Class A (AMECX). 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
AMRMX vs. AMECX - Dividend Comparison
AMRMX's dividend yield for the trailing twelve months is around 3.65%, which matches AMECX's 3.63% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMRMX American Funds American Mutual Fund Class A | 3.65% | 3.75% | 4.88% | 4.67% | 1.74% | 4.76% | 6.61% | 6.09% | 4.82% | 6.51% | 5.44% | 4.49% |
AMECX American Funds The Income Fund of America Class A | 3.63% | 3.66% | 6.98% | 6.67% | 2.80% | 5.37% | 7.63% | 4.96% | 3.09% | 5.08% | 3.64% | 3.17% |
Drawdowns
AMRMX vs. AMECX - Drawdown Comparison
The maximum AMRMX drawdown since its inception was -47.60%, which is greater than AMECX's maximum drawdown of -44.46%. Use the drawdown chart below to compare losses from any high point for AMRMX and AMECX. For additional features, visit the drawdowns tool.
Volatility
AMRMX vs. AMECX - Volatility Comparison
American Funds American Mutual Fund Class A (AMRMX) has a higher volatility of 2.93% compared to American Funds The Income Fund of America Class A (AMECX) at 2.56%. This indicates that AMRMX's price experiences larger fluctuations and is considered to be riskier than AMECX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.