Correlation
The correlation between AUIAX and AWSHX is 0.83, 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.
AUIAX vs. AWSHX
Compare and contrast key facts about AB Equity Income Fund (AUIAX) and American Funds Washington Mutual Investors Fund Class A (AWSHX).
AUIAX is managed by AllianceBernstein. It was launched on Oct 18, 1993. AWSHX is managed by American Funds. It was launched on Jul 31, 1952.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AUIAX or AWSHX.
Performance
AUIAX vs. AWSHX - Performance Comparison
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Key characteristics
AUIAX:
-0.07
AWSHX:
0.73
AUIAX:
-0.07
AWSHX:
1.01
AUIAX:
0.99
AWSHX:
1.15
AUIAX:
-0.12
AWSHX:
0.73
AUIAX:
-0.32
AWSHX:
3.01
AUIAX:
8.76%
AWSHX:
3.55%
AUIAX:
19.52%
AWSHX:
16.51%
AUIAX:
-46.97%
AWSHX:
-53.78%
AUIAX:
-12.64%
AWSHX:
-3.49%
Returns By Period
In the year-to-date period, AUIAX achieves a -0.02% return, which is significantly lower than AWSHX's 2.26% return. Over the past 10 years, AUIAX has underperformed AWSHX with an annualized return of 3.93%, while AWSHX has yielded a comparatively higher 11.45% annualized return.
AUIAX
-0.02%
5.28%
-11.40%
-1.63%
6.42%
7.84%
3.93%
AWSHX
2.26%
4.37%
0.72%
11.52%
12.86%
15.38%
11.45%
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AUIAX vs. AWSHX - Expense Ratio Comparison
AUIAX has a 0.97% expense ratio, which is higher than AWSHX's 0.58% expense ratio.
Risk-Adjusted Performance
AUIAX vs. AWSHX — Risk-Adjusted Performance Rank
AUIAX
AWSHX
AUIAX vs. AWSHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AB Equity Income Fund (AUIAX) and American Funds Washington Mutual Investors Fund Class A (AWSHX). 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.
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Dividends
AUIAX vs. AWSHX - Dividend Comparison
AUIAX's dividend yield for the trailing twelve months is around 10.67%, more than AWSHX's 9.87% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AUIAX AB Equity Income Fund | 10.67% | 10.54% | 2.68% | 7.73% | 16.45% | 2.65% | 5.61% | 13.48% | 6.11% | 2.85% | 5.38% | 10.50% |
AWSHX American Funds Washington Mutual Investors Fund Class A | 9.87% | 10.06% | 6.14% | 6.31% | 6.05% | 3.06% | 6.76% | 8.10% | 7.41% | 6.37% | 6.25% | 7.04% |
Drawdowns
AUIAX vs. AWSHX - Drawdown Comparison
The maximum AUIAX drawdown since its inception was -46.97%, smaller than the maximum AWSHX drawdown of -53.78%. Use the drawdown chart below to compare losses from any high point for AUIAX and AWSHX.
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Volatility
AUIAX vs. AWSHX - Volatility Comparison
AB Equity Income Fund (AUIAX) has a higher volatility of 4.29% compared to American Funds Washington Mutual Investors Fund Class A (AWSHX) at 3.58%. This indicates that AUIAX's price experiences larger fluctuations and is considered to be riskier than AWSHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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