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ARFVX vs. BCHYX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

ARFVX vs. BCHYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century Investments One Choice 2050 Portfolio (ARFVX) and American Century California High Yield Municipal Fund (BCHYX). The values are adjusted to include any dividend payments, if applicable.

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ARFVX vs. BCHYX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
ARFVX
American Century Investments One Choice 2050 Portfolio
-1.63%14.75%11.30%15.16%-17.44%13.36%17.43%24.02%-5.24%16.43%
BCHYX
American Century California High Yield Municipal Fund
-0.38%3.48%4.07%6.69%-12.77%3.82%3.95%9.92%0.65%8.50%

Returns By Period

In the year-to-date period, ARFVX achieves a -1.63% return, which is significantly lower than BCHYX's -0.38% return. Over the past 10 years, ARFVX has outperformed BCHYX with an annualized return of 8.78%, while BCHYX has yielded a comparatively lower 2.39% annualized return.


ARFVX

1D
2.12%
1M
-5.06%
YTD
-1.63%
6M
0.05%
1Y
13.50%
3Y*
10.97%
5Y*
5.27%
10Y*
8.78%

BCHYX

1D
0.42%
1M
-2.05%
YTD
-0.38%
6M
1.36%
1Y
3.49%
3Y*
3.71%
5Y*
0.66%
10Y*
2.39%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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ARFVX vs. BCHYX - Expense Ratio Comparison

ARFVX has a 0.88% expense ratio, which is higher than BCHYX's 0.49% expense ratio.


Return for Risk

ARFVX vs. BCHYX — Risk / Return Rank

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

ARFVX
ARFVX Risk / Return Rank: 5757
Overall Rank
ARFVX Sharpe Ratio Rank: 5555
Sharpe Ratio Rank
ARFVX Sortino Ratio Rank: 5656
Sortino Ratio Rank
ARFVX Omega Ratio Rank: 5454
Omega Ratio Rank
ARFVX Calmar Ratio Rank: 5656
Calmar Ratio Rank
ARFVX Martin Ratio Rank: 6262
Martin Ratio Rank

BCHYX
BCHYX Risk / Return Rank: 2525
Overall Rank
BCHYX Sharpe Ratio Rank: 2424
Sharpe Ratio Rank
BCHYX Sortino Ratio Rank: 2121
Sortino Ratio Rank
BCHYX Omega Ratio Rank: 3636
Omega Ratio Rank
BCHYX Calmar Ratio Rank: 2525
Calmar Ratio Rank
BCHYX Martin Ratio Rank: 2020
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ARFVX vs. BCHYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century Investments One Choice 2050 Portfolio (ARFVX) and American Century California High Yield Municipal Fund (BCHYX). 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.


ARFVXBCHYXDifference

Sharpe ratio

Return per unit of total volatility

1.11

0.66

+0.45

Sortino ratio

Return per unit of downside risk

1.62

0.93

+0.69

Omega ratio

Gain probability vs. loss probability

1.24

1.18

+0.05

Calmar ratio

Return relative to maximum drawdown

1.52

0.78

+0.75

Martin ratio

Return relative to average drawdown

6.59

2.32

+4.27

ARFVX vs. BCHYX - Sharpe Ratio Comparison

The current ARFVX Sharpe Ratio is 1.11, which is higher than the BCHYX Sharpe Ratio of 0.66. The chart below compares the historical Sharpe Ratios of ARFVX and BCHYX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


ARFVXBCHYXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.11

0.66

+0.45

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.43

0.14

+0.29

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.65

0.50

+0.15

Sharpe Ratio (All Time)

Calculated using the full available price history

0.44

1.19

-0.74

Correlation

The correlation between ARFVX and BCHYX is -0.06. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Dividends

ARFVX vs. BCHYX - Dividend Comparison

ARFVX's dividend yield for the trailing twelve months is around 14.65%, more than BCHYX's 4.34% yield.


TTM20252024202320222021202020192018201720162015
ARFVX
American Century Investments One Choice 2050 Portfolio
14.65%14.41%4.91%1.96%6.71%7.57%6.52%8.66%10.95%1.22%3.88%6.89%
BCHYX
American Century California High Yield Municipal Fund
4.34%4.58%4.41%3.67%2.55%2.57%3.07%3.50%3.52%3.50%3.59%3.67%

Drawdowns

ARFVX vs. BCHYX - Drawdown Comparison

The maximum ARFVX drawdown since its inception was -47.41%, which is greater than BCHYX's maximum drawdown of -18.35%. Use the drawdown chart below to compare losses from any high point for ARFVX and BCHYX.


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Drawdown Indicators


ARFVXBCHYXDifference

Max Drawdown

Largest peak-to-trough decline

-47.41%

-18.35%

-29.06%

Max Drawdown (1Y)

Largest decline over 1 year

-9.00%

-5.76%

-3.24%

Max Drawdown (5Y)

Largest decline over 5 years

-25.12%

-18.35%

-6.77%

Max Drawdown (10Y)

Largest decline over 10 years

-29.55%

-18.35%

-11.20%

Current Drawdown

Current decline from peak

-5.86%

-2.35%

-3.51%

Average Drawdown

Average peak-to-trough decline

-6.59%

-2.39%

-4.20%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.08%

1.93%

+0.15%

Volatility

ARFVX vs. BCHYX - Volatility Comparison

American Century Investments One Choice 2050 Portfolio (ARFVX) has a higher volatility of 4.64% compared to American Century California High Yield Municipal Fund (BCHYX) at 1.24%. This indicates that ARFVX's price experiences larger fluctuations and is considered to be riskier than BCHYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


ARFVXBCHYXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.64%

1.24%

+3.40%

Volatility (6M)

Calculated over the trailing 6-month period

7.11%

1.97%

+5.14%

Volatility (1Y)

Calculated over the trailing 1-year period

12.39%

5.98%

+6.41%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.47%

4.83%

+7.64%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

13.58%

4.79%

+8.79%