AMUSX vs. AHITX
AMUSX (American Funds U.S. Government Securities Fund) and AHITX (American Funds American High-Income Trust) are both mutual funds - AMUSX is a Government Bonds fund managed by American Funds, while AHITX is a High Yield Bonds fund managed by American Funds. Over the past 10 years, AMUSX returned 0.96%/yr vs 5.47%/yr for AHITX. Their 0.13 correlation means their historical movements had little consistent relationship. AMUSX charges 0.61%/yr vs 0.69%/yr for AHITX.
Performance
AMUSX vs. AHITX - Performance Comparison
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Returns By Period
In the year-to-date period, AMUSX achieves a -1.44% return, which is significantly lower than AHITX's 0.99% return. Over the past 10 years, AMUSX has underperformed AHITX with an annualized return of 0.96%, while AHITX has yielded a comparatively higher 5.47% annualized return.
AMUSX
- 1D
- -0.09%
- 1M
- -1.10%
- 6M
- -1.49%
- YTD
- -1.44%
- 1Y
- 0.77%
- 3Y*
- 3.14%
- 5Y*
- -0.68%
- 10Y*
- 0.96%
- ALL TIME*
- 3.60%
AHITX
- 1D
- 0.00%
- 1M
- -1.12%
- 6M
- 0.47%
- YTD
- 0.99%
- 1Y
- 4.72%
- 3Y*
- 8.04%
- 5Y*
- 3.95%
- 10Y*
- 5.47%
- ALL TIME*
- 7.25%
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 |
AMUSX vs. AHITX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMUSX American Funds U.S. Government Securities Fund | -1.44% | 7.55% | 0.63% | 2.79% | -11.50% | -0.84% | 9.44% | 5.03% | 0.64% | 1.54% |
AHITX American Funds American High-Income Trust | 0.99% | 8.28% | 9.45% | 11.43% | -10.38% | 8.32% | 7.01% | 11.86% | -1.80% | 7.30% |
Correlation
The correlation between AMUSX and AHITX is 0.56, 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. | 0.56 |
Correlation (3Y) Balances recent behavior with more history. | 0.51 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.44 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.23 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 1990 | 0.13 |
Over the past year, AMUSX and AHITX have become more correlated (0.56) than their long-term average of 0.13, meaning their price movements have been converging.
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Return for Risk
AMUSX vs. AHITX — Risk / Return Rank
AMUSX
AHITX
AMUSX vs. AHITX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds U.S. Government Securities Fund (AMUSX) and American Funds American High-Income Trust (AHITX). 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.
| AMUSX | AHITX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.92 | ||
| Sortino ratioReturn per unit of downside risk | -1.62 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.30 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 0.66 | 2.12 | -1.46 |
| Martin ratioReturn relative to average drawdown | 1.60 | 8.99 | -7.39 |
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Drawdowns
AMUSX vs. AHITX - Drawdown Comparison
The maximum AMUSX drawdown since its inception was -17.48%, smaller than the maximum AHITX drawdown of -34.81%. Use the drawdown chart below to compare losses from any high point for AMUSX and AHITX.
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Drawdown Indicators
| AMUSX | AHITX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.48% | -34.81% | +17.33% |
Max Drawdown (1Y)Largest decline over 1 year | -3.35% | -2.41% | -0.94% |
Max Drawdown (3Y)Largest decline over 3 years | -5.31% | -3.96% | -1.35% |
Max Drawdown (5Y)Largest decline over 5 years | -16.84% | -13.93% | -2.91% |
Max Drawdown (10Y)Largest decline over 10 years | -17.48% | -21.22% | +3.74% |
Current DrawdownCurrent decline from peak | -4.30% | -1.22% | -3.08% |
Average DrawdownAverage peak-to-trough decline | -2.75% | -2.66% | -0.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.37% | 0.57% | +0.80% |
Volatility
AMUSX vs. AHITX - Volatility Comparison
American Funds U.S. Government Securities Fund (AMUSX) has a higher volatility of 0.99% compared to American Funds American High-Income Trust (AHITX) at 0.66%. This indicates that AMUSX's price experiences larger fluctuations and is considered to be riskier than AHITX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMUSX | AHITX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.99% | 0.66% | +0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 3.10% | 2.71% | +0.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.90% | 3.43% | +0.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.08% | 4.98% | +1.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.87% | 5.44% | -0.57% |
AMUSX vs. AHITX - Expense Ratio Comparison
AMUSX has a 0.61% expense ratio, which is lower than AHITX's 0.69% expense ratio.
Dividends
AMUSX vs. AHITX - Dividend Comparison
AMUSX's dividend yield for the trailing twelve months is around 3.72%, less than AHITX's 5.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AHITX American Funds American High-Income Trust | 5.83% | 6.26% | 6.25% | 5.87% | 4.17% | 4.27% | 5.81% | 6.19% | 6.31% | 5.99% | 5.05% | 6.92% |
AMUSX American Funds U.S. Government Securities Fund | 3.72% | 3.97% | 4.19% | 3.44% | 2.01% | 1.05% | 4.92% | 2.79% | 1.72% | 1.32% | 2.30% | 2.84% |
Frequently Asked Questions
AMUSX and AHITX have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMUSX has higher volatility (0.99%) compared to AHITX (0.66%). In terms of maximum drawdown, AMUSX dropped -17.48% vs AHITX's -34.81%.
AHITX currently has the higher Sharpe Ratio (1.49 vs 0.57), 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.
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