CPPAX vs. AMECX
Compare and contrast key facts about American Funds Preservation Portfolio (CPPAX) and American Funds The Income Fund of America Class A (AMECX).
CPPAX is managed by American Funds. It was launched on May 18, 2012. AMECX is managed by American Funds. It was launched on Dec 1, 1973.
Performance
CPPAX vs. AMECX - Performance Comparison
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CPPAX vs. AMECX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CPPAX American Funds Preservation Portfolio | -0.39% | 5.51% | 3.66% | 4.09% | -6.14% | -0.62% | 5.84% | 3.92% | 0.89% | 0.96% |
AMECX American Funds The Income Fund of America Class A | 1.48% | 17.77% | 10.84% | 6.79% | -6.40% | 17.37% | 4.49% | 18.50% | -5.27% | 12.58% |
Returns By Period
In the year-to-date period, CPPAX achieves a -0.39% return, which is significantly lower than AMECX's 1.48% return. Over the past 10 years, CPPAX has underperformed AMECX with an annualized return of 1.68%, while AMECX has yielded a comparatively higher 8.21% annualized return.
CPPAX
- 1D
- 0.32%
- 1M
- -1.25%
- YTD
- -0.39%
- 6M
- 0.66%
- 1Y
- 3.34%
- 3Y*
- 3.63%
- 5Y*
- 1.31%
- 10Y*
- 1.68%
AMECX
- 1D
- 0.23%
- 1M
- -5.74%
- YTD
- 1.48%
- 6M
- 4.22%
- 1Y
- 14.19%
- 3Y*
- 11.95%
- 5Y*
- 7.95%
- 10Y*
- 8.21%
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CPPAX vs. AMECX - Expense Ratio Comparison
CPPAX has a 0.61% expense ratio, which is higher than AMECX's 0.56% expense ratio.
Return for Risk
CPPAX vs. AMECX — Risk / Return Rank
CPPAX
AMECX
CPPAX vs. AMECX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Preservation Portfolio (CPPAX) and American Funds The Income Fund of America Class A (AMECX). 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.
| CPPAX | AMECX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.51 | 1.55 | -0.04 |
Sortino ratioReturn per unit of downside risk | 2.27 | 2.13 | +0.15 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.32 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 2.26 | 1.71 | +0.56 |
Martin ratioReturn relative to average drawdown | 10.17 | 8.01 | +2.16 |
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
| CPPAX | AMECX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.51 | 1.55 | -0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | 0.85 | -0.42 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | 0.77 | -0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.65 | 0.72 | -0.06 |
Correlation
The correlation between CPPAX and AMECX is 0.03, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
CPPAX vs. AMECX - Dividend Comparison
CPPAX's dividend yield for the trailing twelve months is around 3.53%, less than AMECX's 9.86% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CPPAX American Funds Preservation Portfolio | 3.53% | 3.56% | 4.03% | 3.24% | 2.02% | 0.95% | 2.32% | 1.91% | 1.59% | 1.06% | 1.26% | 1.11% |
AMECX American Funds The Income Fund of America Class A | 9.86% | 9.94% | 6.38% | 2.93% | 6.98% | 6.67% | 2.80% | 5.01% | 7.48% | 4.26% | 3.09% | 5.09% |
Drawdowns
CPPAX vs. AMECX - Drawdown Comparison
The maximum CPPAX drawdown since its inception was -8.59%, smaller than the maximum AMECX drawdown of -41.92%. Use the drawdown chart below to compare losses from any high point for CPPAX and AMECX.
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Drawdown Indicators
| CPPAX | AMECX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.59% | -41.92% | +33.33% |
Max Drawdown (1Y)Largest decline over 1 year | -1.67% | -8.19% | +6.52% |
Max Drawdown (5Y)Largest decline over 5 years | -8.57% | -15.78% | +7.21% |
Max Drawdown (10Y)Largest decline over 10 years | -8.59% | -26.13% | +17.54% |
Current DrawdownCurrent decline from peak | -1.25% | -5.74% | +4.49% |
Average DrawdownAverage peak-to-trough decline | -1.31% | -4.46% | +3.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.37% | 1.74% | -1.37% |
Volatility
CPPAX vs. AMECX - Volatility Comparison
The current volatility for American Funds Preservation Portfolio (CPPAX) is 0.94%, while American Funds The Income Fund of America Class A (AMECX) has a volatility of 2.94%. This indicates that CPPAX experiences smaller price fluctuations and is considered to be less risky than AMECX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CPPAX | AMECX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.94% | 2.94% | -2.00% |
Volatility (6M)Calculated over the trailing 6-month period | 1.36% | 5.49% | -4.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.31% | 9.48% | -7.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.04% | 9.44% | -6.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.48% | 10.66% | -8.18% |