Correlation
The correlation between CAPAX and CAIBX is 0.77, 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.
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CAPAX or CAIBX.
Performance
CAPAX vs. CAIBX - Performance Comparison
Loading data...
Key characteristics
CAPAX:
0.76
CAIBX:
1.40
CAPAX:
0.91
CAIBX:
1.71
CAPAX:
1.13
CAIBX:
1.26
CAPAX:
0.60
CAIBX:
1.50
CAPAX:
2.48
CAIBX:
7.34
CAPAX:
2.09%
CAIBX:
1.81%
CAPAX:
8.25%
CAIBX:
10.62%
CAPAX:
-59.16%
CAIBX:
-41.42%
CAPAX:
-2.74%
CAIBX:
-0.69%
Returns By Period
In the year-to-date period, CAPAX achieves a -0.24% return, which is significantly lower than CAIBX's 7.91% return. Over the past 10 years, CAPAX has underperformed CAIBX with an annualized return of 4.18%, while CAIBX has yielded a comparatively higher 6.01% annualized return.
CAPAX
-0.24%
1.53%
-1.16%
5.86%
5.61%
6.47%
4.18%
CAIBX
7.91%
3.38%
6.27%
14.38%
8.40%
10.10%
6.01%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
CAPAX vs. CAIBX - Expense Ratio Comparison
CAPAX has a 0.88% expense ratio, which is higher than CAIBX's 0.59% expense ratio.
Risk-Adjusted Performance
CAPAX vs. CAIBX — Risk-Adjusted Performance Rank
CAPAX
CAIBX
CAPAX vs. CAIBX - Risk-Adjusted Performance 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.
Loading data...
Dividends
CAPAX vs. CAIBX - Dividend Comparison
CAPAX's dividend yield for the trailing twelve months is around 3.04%, less than CAIBX's 5.39% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAPAX Federated Hermes Capital Income Fund | 3.04% | 3.24% | 3.35% | 3.69% | 3.31% | 3.43% | 3.62% | 4.41% | 3.91% | 4.23% | 5.54% | 6.09% |
CAIBX American Funds Capital Income Builder Class A | 5.39% | 5.76% | 3.47% | 3.43% | 3.14% | 3.38% | 4.24% | 3.80% | 4.68% | 3.52% | 3.62% | 4.67% |
Drawdowns
CAPAX vs. CAIBX - Drawdown Comparison
The maximum CAPAX drawdown since its inception was -59.16%, which is greater than CAIBX's maximum drawdown of -41.42%. Use the drawdown chart below to compare losses from any high point for CAPAX and CAIBX.
Loading data...
Volatility
CAPAX vs. CAIBX - Volatility Comparison
Federated Hermes Capital Income Fund (CAPAX) and American Funds Capital Income Builder Class A (CAIBX) have volatilities of 2.03% and 2.11%, 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.
Loading data...