AONIX vs. VASIX
Compare and contrast key facts about American Century Investments One Choice Portfolio: Very Conservative (AONIX) and Vanguard LifeStrategy Income Fund (VASIX).
AONIX is managed by American Century Investments. It was launched on Sep 29, 2004. VASIX is managed by Vanguard. It was launched on Sep 30, 1994.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AONIX or VASIX.
Key characteristics
| AONIX | VASIX | |
|---|---|---|
| YTD Return | -0.38% | -1.31% |
| 1Y Return | 3.74% | 3.76% |
| 3Y Return (Ann) | -0.51% | -1.67% |
| 5Y Return (Ann) | 3.20% | 1.94% |
| 10Y Return (Ann) | 3.48% | 2.93% |
| Sharpe Ratio | 0.63 | 0.54 |
| Daily Std Dev | 5.18% | 5.91% |
| Max Drawdown | -15.27% | -18.17% |
| Current Drawdown | -5.33% | -7.76% |
Correlation
The correlation between AONIX and VASIX is 0.88, 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
AONIX vs. VASIX - Performance Comparison
In the year-to-date period, AONIX achieves a -0.38% return, which is significantly higher than VASIX's -1.31% return. Over the past 10 years, AONIX has outperformed VASIX with an annualized return of 3.48%, while VASIX has yielded a comparatively lower 2.93% 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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AONIX vs. VASIX - Expense Ratio Comparison
AONIX has a 0.00% expense ratio, which is lower than VASIX's 0.11% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
AONIX vs. VASIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century Investments One Choice Portfolio: Very Conservative (AONIX) and Vanguard LifeStrategy Income Fund (VASIX). 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
AONIX vs. VASIX - Dividend Comparison
AONIX's dividend yield for the trailing twelve months is around 2.96%, less than VASIX's 3.38% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AONIX American Century Investments One Choice Portfolio: Very Conservative | 2.96% | 2.80% | 7.19% | 6.36% | 3.46% | 3.57% | 5.83% | 3.08% | 2.16% | 3.53% | 3.29% | 2.45% |
VASIX Vanguard LifeStrategy Income Fund | 3.38% | 3.17% | 2.02% | 3.95% | 2.15% | 2.73% | 3.55% | 2.40% | 2.26% | 2.57% | 2.49% | 2.57% |
Drawdowns
AONIX vs. VASIX - Drawdown Comparison
The maximum AONIX drawdown since its inception was -15.27%, smaller than the maximum VASIX drawdown of -18.17%. Use the drawdown chart below to compare losses from any high point for AONIX and VASIX. For additional features, visit the drawdowns tool.
Volatility
AONIX vs. VASIX - Volatility Comparison
The current volatility for American Century Investments One Choice Portfolio: Very Conservative (AONIX) is 1.53%, while Vanguard LifeStrategy Income Fund (VASIX) has a volatility of 1.68%. This indicates that AONIX experiences smaller price fluctuations and is considered to be less risky than VASIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.