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AMUSX vs. ASTEX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between AMUSX and ASTEX is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.4

Performance

AMUSX vs. ASTEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds U.S. Government Securities Fund (AMUSX) and American Funds Short-Term Tax Exempt Bond Fund (ASTEX). The values are adjusted to include any dividend payments, if applicable.

-1.00%0.00%1.00%2.00%3.00%4.00%AugustSeptemberOctoberNovemberDecember2025
0.70%
1.63%
AMUSX
ASTEX

Key characteristics

Sharpe Ratio

AMUSX:

0.44

ASTEX:

1.99

Sortino Ratio

AMUSX:

0.65

ASTEX:

3.11

Omega Ratio

AMUSX:

1.08

ASTEX:

1.54

Calmar Ratio

AMUSX:

0.15

ASTEX:

3.03

Martin Ratio

AMUSX:

0.98

ASTEX:

8.79

Ulcer Index

AMUSX:

2.53%

ASTEX:

0.39%

Daily Std Dev

AMUSX:

5.60%

ASTEX:

1.72%

Max Drawdown

AMUSX:

-20.15%

ASTEX:

-5.66%

Current Drawdown

AMUSX:

-12.33%

ASTEX:

-0.26%

Returns By Period

In the year-to-date period, AMUSX achieves a 0.34% return, which is significantly higher than ASTEX's 0.30% return. Over the past 10 years, AMUSX has underperformed ASTEX with an annualized return of -0.02%, while ASTEX has yielded a comparatively higher 1.06% annualized return.


AMUSX

YTD

0.34%

1M

1.04%

6M

0.70%

1Y

2.23%

5Y*

-0.94%

10Y*

-0.02%

ASTEX

YTD

0.30%

1M

0.55%

6M

1.64%

1Y

3.31%

5Y*

0.93%

10Y*

1.06%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


AMUSX vs. ASTEX - Expense Ratio Comparison

AMUSX has a 0.61% expense ratio, which is higher than ASTEX's 0.53% expense ratio.


AMUSX
American Funds U.S. Government Securities Fund
Expense ratio chart for AMUSX: current value at 0.61% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.61%
Expense ratio chart for ASTEX: current value at 0.53% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.53%

Risk-Adjusted Performance

AMUSX vs. ASTEX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AMUSX
The Risk-Adjusted Performance Rank of AMUSX is 1313
Overall Rank
The Sharpe Ratio Rank of AMUSX is 1616
Sharpe Ratio Rank
The Sortino Ratio Rank of AMUSX is 1515
Sortino Ratio Rank
The Omega Ratio Rank of AMUSX is 1313
Omega Ratio Rank
The Calmar Ratio Rank of AMUSX is 1010
Calmar Ratio Rank
The Martin Ratio Rank of AMUSX is 1212
Martin Ratio Rank

ASTEX
The Risk-Adjusted Performance Rank of ASTEX is 8888
Overall Rank
The Sharpe Ratio Rank of ASTEX is 8787
Sharpe Ratio Rank
The Sortino Ratio Rank of ASTEX is 8989
Sortino Ratio Rank
The Omega Ratio Rank of ASTEX is 9292
Omega Ratio Rank
The Calmar Ratio Rank of ASTEX is 9090
Calmar Ratio Rank
The Martin Ratio Rank of ASTEX is 8181
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

AMUSX vs. ASTEX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds U.S. Government Securities Fund (AMUSX) and American Funds Short-Term Tax Exempt Bond Fund (ASTEX). 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.


Sharpe ratio
The chart of Sharpe ratio for AMUSX, currently valued at 0.44, compared to the broader market-1.000.001.002.003.004.000.441.99
The chart of Sortino ratio for AMUSX, currently valued at 0.65, compared to the broader market0.005.0010.000.653.11
The chart of Omega ratio for AMUSX, currently valued at 1.08, compared to the broader market1.002.003.004.001.081.54
The chart of Calmar ratio for AMUSX, currently valued at 0.15, compared to the broader market0.005.0010.0015.0020.000.153.03
The chart of Martin ratio for AMUSX, currently valued at 0.98, compared to the broader market0.0020.0040.0060.0080.000.988.79
AMUSX
ASTEX

The current AMUSX Sharpe Ratio is 0.44, which is lower than the ASTEX Sharpe Ratio of 1.99. The chart below compares the historical Sharpe Ratios of AMUSX and ASTEX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00AugustSeptemberOctoberNovemberDecember2025
0.44
1.99
AMUSX
ASTEX

Dividends

AMUSX vs. ASTEX - Dividend Comparison

AMUSX's dividend yield for the trailing twelve months is around 4.17%, more than ASTEX's 2.54% yield.


TTM20242023202220212020201920182017201620152014
AMUSX
American Funds U.S. Government Securities Fund
4.17%4.19%3.44%2.60%1.06%1.01%1.85%1.72%1.22%1.13%1.31%1.01%
ASTEX
American Funds Short-Term Tax Exempt Bond Fund
2.54%2.55%2.09%1.07%0.50%1.04%1.51%1.44%1.23%1.07%1.03%1.05%

Drawdowns

AMUSX vs. ASTEX - Drawdown Comparison

The maximum AMUSX drawdown since its inception was -20.15%, which is greater than ASTEX's maximum drawdown of -5.66%. Use the drawdown chart below to compare losses from any high point for AMUSX and ASTEX. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%AugustSeptemberOctoberNovemberDecember2025
-12.33%
-0.26%
AMUSX
ASTEX

Volatility

AMUSX vs. ASTEX - Volatility Comparison

American Funds U.S. Government Securities Fund (AMUSX) has a higher volatility of 1.57% compared to American Funds Short-Term Tax Exempt Bond Fund (ASTEX) at 0.50%. This indicates that AMUSX's price experiences larger fluctuations and is considered to be riskier than ASTEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.50%1.00%1.50%2.00%AugustSeptemberOctoberNovemberDecember2025
1.57%
0.50%
AMUSX
ASTEX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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