CCSTX vs. RFNGX
Compare and contrast key facts about Capital Group California Short-Term Municipal Fund (CCSTX) and American Funds Fundamental Investors Fund Class R6 (RFNGX).
CCSTX is managed by Capital Group. It was launched on Apr 12, 2010. RFNGX is an actively managed fund by Capital Group. It was launched on May 1, 2009.
Performance
CCSTX vs. RFNGX - Performance Comparison
Loading graphics...
CCSTX vs. RFNGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CCSTX Capital Group California Short-Term Municipal Fund | -0.12% | 4.09% | 2.05% | 2.50% | -2.91% | -0.15% | 2.35% | 3.02% | 1.41% | 1.20% |
RFNGX American Funds Fundamental Investors Fund Class R6 | -6.06% | 24.58% | 22.77% | 26.25% | -16.38% | 22.83% | 13.72% | 27.48% | -7.09% | 23.15% |
Returns By Period
In the year-to-date period, CCSTX achieves a -0.12% return, which is significantly higher than RFNGX's -6.06% return. Over the past 10 years, CCSTX has underperformed RFNGX with an annualized return of 1.15%, while RFNGX has yielded a comparatively higher 13.18% annualized return.
CCSTX
- 1D
- -0.10%
- 1M
- -1.27%
- YTD
- -0.12%
- 6M
- 0.45%
- 1Y
- 3.07%
- 3Y*
- 2.44%
- 5Y*
- 1.10%
- 10Y*
- 1.15%
RFNGX
- 1D
- -0.62%
- 1M
- -9.87%
- YTD
- -6.06%
- 6M
- -1.96%
- 1Y
- 20.82%
- 3Y*
- 19.60%
- 5Y*
- 11.85%
- 10Y*
- 13.18%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
CCSTX vs. RFNGX - Expense Ratio Comparison
CCSTX has a 0.30% expense ratio, which is higher than RFNGX's 0.28% expense ratio.
Return for Risk
CCSTX vs. RFNGX — Risk / Return Rank
CCSTX
RFNGX
CCSTX vs. RFNGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Capital Group California Short-Term Municipal Fund (CCSTX) and American Funds Fundamental Investors Fund Class R6 (RFNGX). 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.
| CCSTX | RFNGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.94 | 1.18 | +0.76 |
Sortino ratioReturn per unit of downside risk | 2.58 | 1.78 | +0.80 |
Omega ratioGain probability vs. loss probability | 1.62 | 1.25 | +0.37 |
Calmar ratioReturn relative to maximum drawdown | 1.88 | 1.64 | +0.24 |
Martin ratioReturn relative to average drawdown | 7.27 | 7.35 | -0.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| CCSTX | RFNGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.94 | 1.18 | +0.76 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.72 | 0.71 | 0.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | 0.75 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | 0.73 | -0.08 |
Correlation
The correlation between CCSTX and RFNGX is -0.03. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
CCSTX vs. RFNGX - Dividend Comparison
CCSTX's dividend yield for the trailing twelve months is around 2.13%, less than RFNGX's 9.43% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CCSTX Capital Group California Short-Term Municipal Fund | 2.13% | 2.30% | 2.13% | 1.54% | 0.72% | 1.02% | 1.45% | 1.40% | 1.30% | 0.90% | 0.00% | 0.00% |
RFNGX American Funds Fundamental Investors Fund Class R6 | 9.43% | 8.82% | 8.91% | 6.10% | 5.33% | 11.29% | 1.77% | 7.21% | 10.67% | 7.56% | 5.01% | 6.01% |
Drawdowns
CCSTX vs. RFNGX - Drawdown Comparison
The maximum CCSTX drawdown since its inception was -5.09%, smaller than the maximum RFNGX drawdown of -33.90%. Use the drawdown chart below to compare losses from any high point for CCSTX and RFNGX.
Loading graphics...
Drawdown Indicators
| CCSTX | RFNGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.09% | -33.90% | +28.81% |
Max Drawdown (1Y)Largest decline over 1 year | -1.79% | -11.35% | +9.56% |
Max Drawdown (5Y)Largest decline over 5 years | -5.08% | -24.88% | +19.80% |
Max Drawdown (10Y)Largest decline over 10 years | -5.09% | -33.90% | +28.81% |
Current DrawdownCurrent decline from peak | -1.27% | -10.62% | +9.35% |
Average DrawdownAverage peak-to-trough decline | -0.89% | -4.05% | +3.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.46% | 2.53% | -2.07% |
Volatility
CCSTX vs. RFNGX - Volatility Comparison
The current volatility for Capital Group California Short-Term Municipal Fund (CCSTX) is 0.54%, while American Funds Fundamental Investors Fund Class R6 (RFNGX) has a volatility of 4.97%. This indicates that CCSTX experiences smaller price fluctuations and is considered to be less risky than RFNGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| CCSTX | RFNGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.54% | 4.97% | -4.43% |
Volatility (6M)Calculated over the trailing 6-month period | 0.79% | 10.65% | -9.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.80% | 17.94% | -16.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.54% | 16.68% | -15.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.57% | 17.66% | -16.09% |