Correlation
The correlation between CGNAX and VOO is 0.95, 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.
CGNAX vs. VOO
Compare and contrast key facts about American Funds Growth and Income Portfolio (CGNAX) and Vanguard S&P 500 ETF (VOO).
CGNAX is managed by American Funds. It was launched on May 17, 2012. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CGNAX or VOO.
Performance
CGNAX vs. VOO - Performance Comparison
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Key characteristics
CGNAX:
0.99
VOO:
0.74
CGNAX:
1.30
VOO:
1.04
CGNAX:
1.19
VOO:
1.15
CGNAX:
0.94
VOO:
0.68
CGNAX:
4.01
VOO:
2.58
CGNAX:
3.00%
VOO:
4.93%
CGNAX:
13.52%
VOO:
19.54%
CGNAX:
-26.56%
VOO:
-33.99%
CGNAX:
0.00%
VOO:
-3.55%
Returns By Period
In the year-to-date period, CGNAX achieves a 4.83% return, which is significantly higher than VOO's 0.90% return. Over the past 10 years, CGNAX has underperformed VOO with an annualized return of 8.65%, while VOO has yielded a comparatively higher 12.81% annualized return.
CGNAX
4.83%
4.74%
2.59%
12.64%
10.61%
11.04%
8.65%
VOO
0.90%
5.53%
-1.46%
13.29%
14.31%
15.89%
12.81%
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CGNAX vs. VOO - Expense Ratio Comparison
CGNAX has a 0.36% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
CGNAX vs. VOO — Risk-Adjusted Performance Rank
CGNAX
VOO
CGNAX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Growth and Income Portfolio (CGNAX) and Vanguard S&P 500 ETF (VOO). 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.
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Dividends
CGNAX vs. VOO - Dividend Comparison
CGNAX's dividend yield for the trailing twelve months is around 4.59%, more than VOO's 1.29% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CGNAX American Funds Growth and Income Portfolio | 4.59% | 4.79% | 2.77% | 6.42% | 5.11% | 4.31% | 5.48% | 6.06% | 3.40% | 4.30% | 4.51% | 3.58% |
VOO Vanguard S&P 500 ETF | 1.29% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
CGNAX vs. VOO - Drawdown Comparison
The maximum CGNAX drawdown since its inception was -26.56%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for CGNAX and VOO.
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Volatility
CGNAX vs. VOO - Volatility Comparison
The current volatility for American Funds Growth and Income Portfolio (CGNAX) is 3.11%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.84%. This indicates that CGNAX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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