CTHAX vs. TCAF
CTHAX (American Funds College 2030 Fund) and TCAF (T. Rowe Price Capital Appreciation Equity ETF) are both funds - CTHAX is a Diversified Portfolio fund managed by American Funds, while TCAF is a Large Cap Blend Equities fund actively managed by T. Rowe Price. Over the past 3 years, CTHAX returned 8.68%/yr vs 18.35%/yr for TCAF. Their 0.75 correlation means they have sometimes moved together and sometimes differently. CTHAX charges 0.41%/yr vs 0.31%/yr for TCAF.
Performance
CTHAX vs. TCAF - Performance Comparison
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Returns By Period
In the year-to-date period, CTHAX achieves a 2.54% return, which is significantly lower than TCAF's 10.23% return.
CTHAX
- 1D
- -0.07%
- 1M
- -0.49%
- 6M
- 1.36%
- YTD
- 2.54%
- 1Y
- 7.15%
- 3Y*
- 8.68%
- 5Y*
- 4.08%
- 10Y*
- 6.52%
- ALL TIME*
- 7.03%
TCAF
- 1D
- 1.54%
- 1M
- 1.74%
- 6M
- 10.14%
- YTD
- 10.23%
- 1Y
- 17.81%
- 3Y*
- 18.35%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 18.19%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $20.52M | $22.08M | $27.72M |
CTHAX vs. TCAF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
CTHAX American Funds College 2030 Fund | 2.54% | 11.55% | 7.66% | 5.78% |
TCAF T. Rowe Price Capital Appreciation Equity ETF | 10.23% | 15.45% | 20.93% | 9.71% |
Correlation
The correlation between CTHAX and TCAF is 0.75, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.75 |
Correlation (3Y) Balances recent behavior with more history. | 0.75 |
Correlation (All Time) Calculated using the full available price history since Jun 15, 2023 | 0.75 |
The correlation between CTHAX and TCAF has been stable across timeframes, ranging from 0.75 to 0.75 - a consistent structural relationship.
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Return for Risk
CTHAX vs. TCAF — Risk / Return Rank
CTHAX
TCAF
CTHAX vs. TCAF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds College 2030 Fund (CTHAX) and T. Rowe Price Capital Appreciation Equity ETF (TCAF). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CTHAX | TCAF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.26 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.84 | 1.58 | +0.26 |
| Martin ratioReturn relative to average drawdown | 7.52 | 6.11 | +1.41 |
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Drawdowns
CTHAX vs. TCAF - Drawdown Comparison
The maximum CTHAX drawdown since its inception was -17.17%, roughly equal to the maximum TCAF drawdown of -16.37%. Use the drawdown chart below to compare losses from any high point for CTHAX and TCAF.
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Drawdown Indicators
| CTHAX | TCAF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.17% | -16.37% | -0.80% |
Max Drawdown (1Y)Largest decline over 1 year | -4.03% | -11.33% | +7.30% |
Max Drawdown (3Y)Largest decline over 3 years | -5.41% | -16.37% | +10.96% |
Max Drawdown (5Y)Largest decline over 5 years | -17.11% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -17.17% | — | — |
Current DrawdownCurrent decline from peak | -0.63% | 0.00% | -0.63% |
Average DrawdownAverage peak-to-trough decline | -2.78% | -2.03% | -0.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.98% | 2.92% | -1.94% |
Volatility
CTHAX vs. TCAF - Volatility Comparison
The current volatility for American Funds College 2030 Fund (CTHAX) is 1.02%, while T. Rowe Price Capital Appreciation Equity ETF (TCAF) has a volatility of 3.52%. This indicates that CTHAX experiences smaller price fluctuations and is considered to be less risky than TCAF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CTHAX | TCAF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.02% | 3.52% | -2.50% |
Volatility (6M)Calculated over the trailing 6-month period | 3.64% | 9.63% | -5.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.51% | 12.21% | -7.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.74% | 13.92% | -7.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.71% | 13.92% | -6.21% |
CTHAX vs. TCAF - Expense Ratio Comparison
CTHAX has a 0.41% expense ratio, which is higher than TCAF's 0.31% expense ratio.
Dividends
CTHAX vs. TCAF - Dividend Comparison
CTHAX's dividend yield for the trailing twelve months is around 5.41%, more than TCAF's 0.45% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CTHAX American Funds College 2030 Fund | 5.41% | 5.55% | 3.94% | 2.98% | 4.05% | 12.40% | 5.63% | 4.55% | 6.43% | 3.74% | 4.26% | 4.01% |
TCAF T. Rowe Price Capital Appreciation Equity ETF | 0.45% | 0.50% | 0.43% | 0.26% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CTHAX and TCAF have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TCAF has higher volatility (3.52%) compared to CTHAX (1.02%). In terms of maximum drawdown, CTHAX dropped -17.17% vs TCAF's -16.37%.
CTHAX currently has the higher Sharpe Ratio (1.65 vs 1.47), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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