CUHIX vs. FNWFX
Compare and contrast key facts about Victory US 500 Enhanced Volatility Wtd Index Fund (CUHIX) and American Funds New World Fund Class F-3 (FNWFX).
CUHIX is managed by Victory. It was launched on Nov 19, 2012. FNWFX is managed by American Funds. It was launched on Jun 17, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CUHIX or FNWFX.
Key characteristics
| CUHIX | FNWFX | |
|---|---|---|
| YTD Return | 13.55% | 9.29% |
| 1Y Return | 14.25% | 15.93% |
| 3Y Return (Ann) | -0.19% | -1.32% |
| 5Y Return (Ann) | 8.28% | 7.22% |
| Sharpe Ratio | 1.32 | 1.27 |
| Daily Std Dev | 10.71% | 12.21% |
| Max Drawdown | -25.03% | -33.40% |
| Current Drawdown | -7.17% | -6.35% |
Correlation
The correlation between CUHIX and FNWFX is 0.74, 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.
Performance
CUHIX vs. FNWFX - Performance Comparison
In the year-to-date period, CUHIX achieves a 13.55% return, which is significantly higher than FNWFX's 9.29% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CUHIX vs. FNWFX - Expense Ratio Comparison
CUHIX has a 0.74% expense ratio, which is higher than FNWFX's 0.57% expense ratio.
Risk-Adjusted Performance
CUHIX vs. FNWFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Victory US 500 Enhanced Volatility Wtd Index Fund (CUHIX) and American Funds New World Fund Class F-3 (FNWFX). 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.
Dividends
CUHIX vs. FNWFX - Dividend Comparison
CUHIX's dividend yield for the trailing twelve months is around 0.98%, less than FNWFX's 2.63% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CUHIX Victory US 500 Enhanced Volatility Wtd Index Fund | 0.98% | 1.74% | 36.33% | 12.99% | 11.58% | 13.72% | 15.68% | 9.92% | 2.60% | 4.71% | 0.38% | 1.19% |
FNWFX American Funds New World Fund Class F-3 | 2.63% | 2.88% | 1.33% | 7.32% | 0.43% | 4.04% | 2.70% | 2.27% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CUHIX vs. FNWFX - Drawdown Comparison
The maximum CUHIX drawdown since its inception was -25.03%, smaller than the maximum FNWFX drawdown of -33.40%. Use the drawdown chart below to compare losses from any high point for CUHIX and FNWFX. For additional features, visit the drawdowns tool.
Volatility
CUHIX vs. FNWFX - Volatility Comparison
The current volatility for Victory US 500 Enhanced Volatility Wtd Index Fund (CUHIX) is 2.68%, while American Funds New World Fund Class F-3 (FNWFX) has a volatility of 3.61%. This indicates that CUHIX experiences smaller price fluctuations and is considered to be less risky than FNWFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.