CAIBX vs. DJIA
Compare and contrast key facts about American Funds Capital Income Builder Class A (CAIBX) and Global X Dow 30 Covered Call ETF (DJIA).
CAIBX is managed by American Funds. It was launched on Jul 30, 1987. DJIA is a passively managed fund by Global X that tracks the performance of the DJIA Cboe BuyWrite v2 Index. It was launched on Feb 23, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CAIBX or DJIA.
Key characteristics
| CAIBX | DJIA | |
|---|---|---|
| YTD Return | 13.09% | 13.05% |
| 1Y Return | 22.98% | 16.95% |
| Sharpe Ratio | 2.95 | 2.15 |
| Sortino Ratio | 4.17 | 3.11 |
| Omega Ratio | 1.57 | 1.44 |
| Calmar Ratio | 2.68 | 3.75 |
| Martin Ratio | 20.28 | 14.35 |
| Ulcer Index | 1.13% | 1.19% |
| Daily Std Dev | 7.77% | 7.93% |
| Max Drawdown | -42.73% | -16.91% |
| Current Drawdown | -0.77% | 0.00% |
Correlation
The correlation between CAIBX and DJIA is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CAIBX vs. DJIA - Performance Comparison
The year-to-date returns for both stocks are quite close, with CAIBX having a 13.09% return and DJIA slightly lower at 13.05%. 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. DJIA - Expense Ratio Comparison
CAIBX has a 0.59% expense ratio, which is lower than DJIA's 0.60% expense ratio.
Risk-Adjusted Performance
CAIBX vs. DJIA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Capital Income Builder Class A (CAIBX) and Global X Dow 30 Covered Call ETF (DJIA). 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. DJIA - Dividend Comparison
CAIBX's dividend yield for the trailing twelve months is around 3.09%, less than DJIA's 6.47% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAIBX American Funds Capital Income Builder Class A | 3.09% | 3.36% | 3.43% | 3.14% | 3.38% | 3.29% | 3.80% | 3.41% | 3.52% | 3.60% | 4.63% | 3.30% |
DJIA Global X Dow 30 Covered Call ETF | 6.47% | 7.16% | 9.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CAIBX vs. DJIA - Drawdown Comparison
The maximum CAIBX drawdown since its inception was -42.73%, which is greater than DJIA's maximum drawdown of -16.91%. Use the drawdown chart below to compare losses from any high point for CAIBX and DJIA. For additional features, visit the drawdowns tool.
Volatility
CAIBX vs. DJIA - Volatility Comparison
The current volatility for American Funds Capital Income Builder Class A (CAIBX) is 1.85%, while Global X Dow 30 Covered Call ETF (DJIA) has a volatility of 3.15%. This indicates that CAIBX experiences smaller price fluctuations and is considered to be less risky than DJIA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.