CAPAX vs. CAIBX
Compare and contrast key facts about Federated Hermes Capital Income Fund (CAPAX) and American Funds Capital Income Builder Class A (CAIBX).
CAPAX is managed by Federated. It was launched on May 26, 1988. CAIBX is managed by American Funds. It was launched on Jul 30, 1987.
Performance
CAPAX vs. CAIBX - Performance Comparison
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CAPAX vs. CAIBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CAPAX Federated Hermes Capital Income Fund | -2.93% | 11.88% | 10.21% | 10.51% | -12.43% | 9.72% | 9.48% | 15.70% | -7.13% | 10.05% |
CAIBX American Funds Capital Income Builder Class A | 0.14% | 20.39% | 10.24% | 8.95% | -7.14% | 14.99% | 3.20% | 17.23% | -7.28% | 13.99% |
Returns By Period
In the year-to-date period, CAPAX achieves a -2.93% return, which is significantly lower than CAIBX's 0.14% return. Over the past 10 years, CAPAX has underperformed CAIBX with an annualized return of 5.67%, while CAIBX has yielded a comparatively higher 7.38% annualized return.
CAPAX
- 1D
- 0.00%
- 1M
- -4.40%
- YTD
- -2.93%
- 6M
- -0.10%
- 1Y
- 9.31%
- 3Y*
- 9.04%
- 5Y*
- 4.23%
- 10Y*
- 5.67%
CAIBX
- 1D
- 0.24%
- 1M
- -6.25%
- YTD
- 0.14%
- 6M
- 3.24%
- 1Y
- 14.72%
- 3Y*
- 12.37%
- 5Y*
- 8.06%
- 10Y*
- 7.38%
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CAPAX vs. CAIBX - Expense Ratio Comparison
CAPAX has a 0.88% expense ratio, which is higher than CAIBX's 0.59% expense ratio.
Return for Risk
CAPAX vs. CAIBX — Risk / Return Rank
CAPAX
CAIBX
CAPAX vs. CAIBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Capital Income Fund (CAPAX) and American Funds Capital Income Builder Class A (CAIBX). 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.
| CAPAX | CAIBX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.23 | 1.50 | -0.28 |
Sortino ratioReturn per unit of downside risk | 1.64 | 2.04 | -0.39 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.31 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.41 | 1.74 | -0.33 |
Martin ratioReturn relative to average drawdown | 6.58 | 8.07 | -1.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CAPAX | CAIBX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.23 | 1.50 | -0.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.82 | -0.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | 0.68 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.91 | -0.28 |
Correlation
The correlation between CAPAX and CAIBX is 0.76, 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.
Dividends
CAPAX vs. CAIBX - Dividend Comparison
CAPAX's dividend yield for the trailing twelve months is around 3.81%, less than CAIBX's 7.77% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAPAX Federated Hermes Capital Income Fund | 3.81% | 3.33% | 3.24% | 3.36% | 3.70% | 3.31% | 3.43% | 3.62% | 4.42% | 3.91% | 4.23% | 5.54% |
CAIBX American Funds Capital Income Builder Class A | 7.77% | 7.71% | 5.76% | 3.47% | 3.43% | 3.14% | 3.38% | 4.10% | 3.55% | 4.44% | 3.52% | 3.62% |
Drawdowns
CAPAX vs. CAIBX - Drawdown Comparison
The maximum CAPAX drawdown since its inception was -46.13%, which is greater than CAIBX's maximum drawdown of -43.68%. Use the drawdown chart below to compare losses from any high point for CAPAX and CAIBX.
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Drawdown Indicators
| CAPAX | CAIBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.13% | -43.68% | -2.45% |
Max Drawdown (1Y)Largest decline over 1 year | -6.16% | -8.37% | +2.21% |
Max Drawdown (5Y)Largest decline over 5 years | -17.75% | -17.65% | -0.10% |
Max Drawdown (10Y)Largest decline over 10 years | -23.36% | -25.28% | +1.92% |
Current DrawdownCurrent decline from peak | -4.44% | -6.25% | +1.81% |
Average DrawdownAverage peak-to-trough decline | -5.82% | -3.82% | -2.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.32% | 1.80% | -0.48% |
Volatility
CAPAX vs. CAIBX - Volatility Comparison
The current volatility for Federated Hermes Capital Income Fund (CAPAX) is 2.25%, while American Funds Capital Income Builder Class A (CAIBX) has a volatility of 3.30%. This indicates that CAPAX experiences smaller price fluctuations and is considered to be less risky than CAIBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CAPAX | CAIBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.25% | 3.30% | -1.05% |
Volatility (6M)Calculated over the trailing 6-month period | 4.27% | 5.94% | -1.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.43% | 10.10% | -2.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.78% | 9.93% | -2.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.61% | 10.86% | -2.25% |