CAIBX vs. AMECX
Compare and contrast key facts about American Funds Capital Income Builder Class A (CAIBX) and American Funds The Income Fund of America Class A (AMECX).
CAIBX is managed by American Funds. It was launched on Jul 30, 1987. AMECX is managed by American Funds. It was launched on Dec 1, 1973.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CAIBX or AMECX.
Key characteristics
| CAIBX | AMECX | |
|---|---|---|
| YTD Return | 2.04% | 2.22% |
| 1Y Return | 8.81% | 9.33% |
| 3Y Return (Ann) | 3.21% | 3.37% |
| 5Y Return (Ann) | 5.62% | 6.47% |
| 10Y Return (Ann) | 4.99% | 6.28% |
| Sharpe Ratio | 1.04 | 1.12 |
| Daily Std Dev | 8.28% | 7.97% |
| Max Drawdown | -42.73% | -44.46% |
| Current Drawdown | -1.64% | -2.02% |
Correlation
The correlation between CAIBX and AMECX is 0.89, 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
CAIBX vs. AMECX - Performance Comparison
In the year-to-date period, CAIBX achieves a 2.04% return, which is significantly lower than AMECX's 2.22% return. Over the past 10 years, CAIBX has underperformed AMECX with an annualized return of 4.99%, while AMECX has yielded a comparatively higher 6.28% 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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CAIBX vs. AMECX - Expense Ratio Comparison
CAIBX has a 0.59% expense ratio, which is higher than AMECX's 0.56% expense ratio.
Risk-Adjusted Performance
CAIBX vs. AMECX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Capital Income Builder Class A (CAIBX) and American Funds The Income Fund of America Class A (AMECX). 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
CAIBX vs. AMECX - Dividend Comparison
CAIBX's dividend yield for the trailing twelve months is around 3.45%, less than AMECX's 3.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAIBX American Funds Capital Income Builder Class A | 3.45% | 3.47% | 3.43% | 3.14% | 3.38% | 4.24% | 3.79% | 4.66% | 3.50% | 3.60% | 4.63% | 3.30% |
AMECX American Funds The Income Fund of America Class A | 3.60% | 3.66% | 6.98% | 6.67% | 2.80% | 5.37% | 7.63% | 4.96% | 3.09% | 5.08% | 3.64% | 3.17% |
Drawdowns
CAIBX vs. AMECX - Drawdown Comparison
The maximum CAIBX drawdown since its inception was -42.73%, roughly equal to the maximum AMECX drawdown of -44.46%. Use the drawdown chart below to compare losses from any high point for CAIBX and AMECX. For additional features, visit the drawdowns tool.
Volatility
CAIBX vs. AMECX - Volatility Comparison
American Funds Capital Income Builder Class A (CAIBX) and American Funds The Income Fund of America Class A (AMECX) have volatilities of 2.77% and 2.64%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.