CUSEX vs. TVRIX

Last updated Jun 26, 2026

CUSEX (Capital Group U.S. Equity Fund) and TVRIX (Guggenheim Directional Allocation Fund) are both Large Cap Growth Equities funds. Over the past 10 years, CUSEX returned 13.29%/yr vs 10.28%/yr for TVRIX. Their correlation of 0.88 suggests significant overlap in exposure. CUSEX charges 0.42%/yr vs 1.09%/yr for TVRIX.

Performance

CUSEX vs. TVRIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group U.S. Equity Fund (CUSEX) and Guggenheim Directional Allocation Fund (TVRIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with CUSEX having a 9.14% return and TVRIX slightly lower at 9.02%. Over the past 10 years, CUSEX has outperformed TVRIX with an annualized return of 13.29%, while TVRIX has yielded a comparatively lower 10.28% annualized return.

CUSEX

• 1D: 0.32%
• 1M: 0.15%
• YTD: 9.14%
• 6M: 7.80%
• 1Y: 21.01%
• 3Y*: 20.00%
• 5Y*: 12.26%
• 10Y*: 13.29%

TVRIX

• 1D: -0.20%
• 1M: -1.10%
• YTD: 9.02%
• 6M: 7.96%
• 1Y: 20.89%
• 3Y*: 13.98%
• 5Y*: 6.40%
• 10Y*: 10.28%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CUSEX vs. TVRIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CUSEX Capital Group U.S. Equity Fund	9.14%	18.35%	21.09%	18.90%	-12.54%	22.92%	15.32%	32.56%	-3.29%	14.72%
TVRIX Guggenheim Directional Allocation Fund	9.02%	13.83%	7.87%	11.00%	-17.53%	27.30%	5.08%	30.45%	-7.53%	23.45%

Correlation

The correlation between CUSEX and TVRIX is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (10Y) Calculated over the trailing 10-year period	0.86
Correlation (All Time) Calculated using the full available price history since Jun 18, 2012	0.88

The correlation between CUSEX and TVRIX shifts across timeframes, from 0.81 (5 years) to 0.93 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

CUSEX vs. TVRIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CUSEX

CUSEX Risk / Return Rank: 43
CUSEX Sharpe Ratio Rank: 42
CUSEX Sortino Ratio Rank: 40
CUSEX Omega Ratio Rank: 39
CUSEX Calmar Ratio Rank: 41
CUSEX Martin Ratio Rank: 53

TVRIX

TVRIX Risk / Return Rank: 60
TVRIX Sharpe Ratio Rank: 61
TVRIX Sortino Ratio Rank: 56
TVRIX Omega Ratio Rank: 58
TVRIX Calmar Ratio Rank: 57
TVRIX Martin Ratio Rank: 66

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CUSEX vs. TVRIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group U.S. Equity Fund (CUSEX) and Guggenheim Directional Allocation Fund (TVRIX). 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.

	CUSEX	TVRIX	Difference
Sharpe ratio: Return per unit of total volatility	1.55	1.88	-0.33
Sortino ratio: Return per unit of downside risk	2.18	2.57	-0.39
Omega ratio: Gain probability vs. loss probability	1.28	1.34	-0.07
Calmar ratio: Return relative to maximum drawdown	2.11	2.48	-0.37
Martin ratio: Return relative to average drawdown	9.21	10.82	-1.61

CUSEX vs. TVRIX - Sharpe Ratio Comparison

The current CUSEX Sharpe Ratio is 1.55, which is comparable to the TVRIX Sharpe Ratio of 1.88. The chart below compares the historical Sharpe Ratios of CUSEX and TVRIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CUSEX vs. TVRIX - Drawdown Comparison

The maximum CUSEX drawdown since its inception was -30.16%, smaller than the maximum TVRIX drawdown of -39.36%. Use the drawdown chart below to compare losses from any high point for CUSEX and TVRIX.

Drawdown Indicators

	CUSEX	TVRIX	Difference
Max Drawdown Largest peak-to-trough decline	-30.16%	-39.36%	+9.20%
Max Drawdown (1Y) Largest decline over 1 year	-9.78%	-8.45%	-1.33%
Max Drawdown (3Y) Largest decline over 3 years	-17.87%	-24.87%	+7.00%
Max Drawdown (5Y) Largest decline over 5 years	-20.85%	-24.87%	+4.02%
Max Drawdown (10Y) Largest decline over 10 years	-30.16%	-39.36%	+9.20%
Current Drawdown Current decline from peak	-1.76%	-2.76%	+1.00%
Average Drawdown Average peak-to-trough decline	-4.11%	-6.04%	+1.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.24%	1.94%	+0.30%

Volatility

CUSEX vs. TVRIX - Volatility Comparison

Capital Group U.S. Equity Fund (CUSEX) and Guggenheim Directional Allocation Fund (TVRIX) have volatilities of 5.33% and 5.44%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CUSEX	TVRIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.33%	5.44%	-0.11%
Volatility (6M) Calculated over the trailing 6-month period	10.52%	9.23%	+1.29%
Volatility (1Y) Calculated over the trailing 1-year period	13.39%	11.19%	+2.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.70%	14.57%	+1.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.41%	17.84%	-1.43%

CUSEX vs. TVRIX - Expense Ratio Comparison

CUSEX has a 0.42% expense ratio, which is lower than TVRIX's 1.09% expense ratio.

Dividends

CUSEX vs. TVRIX - Dividend Comparison

CUSEX's dividend yield for the trailing twelve months is around 8.59%, less than TVRIX's 8.84% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
CUSEX Capital Group U.S. Equity Fund	8.59%	9.28%	9.46%	6.45%	3.83%	5.47%	2.64%	4.44%	8.97%	1.05%
TVRIX Guggenheim Directional Allocation Fund	8.84%	9.64%	0.00%	2.03%	0.71%	14.34%	0.30%	16.62%	14.33%	0.00%

Frequently Asked Questions

Can I hold both CUSEX and TVRIX in my portfolio?

With a correlation of 0.92, CUSEX and TVRIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, CUSEX or TVRIX?

TVRIX has higher volatility (5.44%) compared to CUSEX (5.33%). In terms of maximum drawdown, CUSEX dropped -30.16% vs TVRIX's -39.36%.

Which has better risk-adjusted returns?

TVRIX currently has the higher Sharpe Ratio (1.88 vs 1.55), 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.