AOCIX vs. TWHIX
AOCIX (American Century Investments One Choice Portfolio: Conservative) and TWHIX (American Century Heritage Fund) are both mutual funds - AOCIX is a Diversified Portfolio fund managed by American Century, while TWHIX is a Mid Cap Growth Equities fund managed by American Century. Over the past 10 years, AOCIX returned 5.91%/yr vs 11.27%/yr for TWHIX. Their correlation of 0.85 means they have usually moved in the same direction. AOCIX charges 0.00%/yr vs 1.00%/yr for TWHIX.
Performance
AOCIX vs. TWHIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AOCIX achieves a 4.28% return, which is significantly higher than TWHIX's 3.13% return. Over the past 10 years, AOCIX has underperformed TWHIX with an annualized return of 5.91%, while TWHIX has yielded a comparatively higher 11.27% annualized return.
AOCIX
- 1D
- 0.71%
- 1M
- -0.14%
- 6M
- 3.00%
- YTD
- 4.28%
- 1Y
- 8.86%
- 3Y*
- 8.29%
- 5Y*
- 3.58%
- 10Y*
- 5.91%
- ALL TIME*
- 5.66%
TWHIX
- 1D
- 2.10%
- 1M
- -3.99%
- 6M
- 3.23%
- YTD
- 3.13%
- 1Y
- 0.36%
- 3Y*
- 11.89%
- 5Y*
- 3.31%
- 10Y*
- 11.27%
- ALL TIME*
- 10.98%
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 |
AOCIX vs. TWHIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AOCIX American Century Investments One Choice Portfolio: Conservative | 4.28% | 10.20% | 7.42% | 10.53% | -14.05% | 9.03% | 12.83% | 16.06% | -3.25% | 9.89% |
TWHIX American Century Heritage Fund | 3.13% | 6.53% | 24.66% | 20.64% | -28.13% | 11.52% | 42.61% | 35.50% | -5.08% | 21.83% |
Correlation
The correlation between AOCIX and TWHIX is 0.81, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.81 |
Correlation (3Y) Balances recent behavior with more history. | 0.80 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.82 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.83 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2004 | 0.85 |
The correlation between AOCIX and TWHIX has been stable across timeframes, ranging from 0.80 to 0.85 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AOCIX vs. TWHIX — Risk / Return Rank
AOCIX
TWHIX
AOCIX vs. TWHIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century Investments One Choice Portfolio: Conservative (AOCIX) and American Century Heritage Fund (TWHIX). 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.
| AOCIX | TWHIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.50 | ||
| Sortino ratioReturn per unit of downside risk | +2.03 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.00 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 1.67 | -0.13 | +1.79 |
| Martin ratioReturn relative to average drawdown | 7.08 | -0.36 | +7.44 |
Loading charts...
Drawdowns
AOCIX vs. TWHIX - Drawdown Comparison
The maximum AOCIX drawdown since its inception was -26.87%, smaller than the maximum TWHIX drawdown of -56.98%. Use the drawdown chart below to compare losses from any high point for AOCIX and TWHIX.
Loading charts...
Drawdown Indicators
| AOCIX | TWHIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.87% | -56.98% | +30.11% |
Max Drawdown (1Y)Largest decline over 1 year | -5.10% | -15.82% | +10.72% |
Max Drawdown (3Y)Largest decline over 3 years | -7.27% | -26.30% | +19.03% |
Max Drawdown (5Y)Largest decline over 5 years | -19.71% | -40.34% | +20.63% |
Max Drawdown (10Y)Largest decline over 10 years | -19.71% | -40.34% | +20.63% |
Current DrawdownCurrent decline from peak | -0.49% | -5.18% | +4.69% |
Average DrawdownAverage peak-to-trough decline | -3.17% | -12.21% | +9.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.20% | 5.57% | -4.37% |
Volatility
AOCIX vs. TWHIX - Volatility Comparison
The current volatility for American Century Investments One Choice Portfolio: Conservative (AOCIX) is 1.63%, while American Century Heritage Fund (TWHIX) has a volatility of 4.82%. This indicates that AOCIX experiences smaller price fluctuations and is considered to be less risky than TWHIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AOCIX | TWHIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.63% | 4.82% | -3.19% |
Volatility (6M)Calculated over the trailing 6-month period | 5.00% | 14.77% | -9.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.13% | 18.53% | -12.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.86% | 23.41% | -15.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.05% | 22.85% | -14.80% |
AOCIX vs. TWHIX - Expense Ratio Comparison
AOCIX has a 0.00% expense ratio, which is lower than TWHIX's 1.00% expense ratio.
Dividends
AOCIX vs. TWHIX - Dividend Comparison
AOCIX's dividend yield for the trailing twelve months is around 4.88%, less than TWHIX's 21.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AOCIX American Century Investments One Choice Portfolio: Conservative | 4.88% | 5.12% | 2.79% | 2.50% | 9.63% | 8.19% | 5.25% | 4.87% | 7.07% | 2.05% | 2.93% | 5.97% |
TWHIX American Century Heritage Fund | 21.47% | 22.14% | 15.58% | 0.78% | 0.98% | 12.00% | 13.72% | 11.32% | 25.33% | 9.38% | 8.71% | 0.00% |
Frequently Asked Questions
AOCIX and TWHIX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TWHIX has higher volatility (4.82%) compared to AOCIX (1.63%). In terms of maximum drawdown, AOCIX dropped -26.87% vs TWHIX's -56.98%.
AOCIX currently has the higher Sharpe Ratio (1.39 vs -0.11), 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.
Find the right allocation for AOCIX and TWHIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer