EINFX vs. AMFIX
EINFX (Elfun Income Fund) and AMFIX (AAMA Income Fund) are both Intermediate Core-Plus Bond funds. Over the past 5 years, EINFX returned -0.78%/yr vs 0.76%/yr for AMFIX. A 0.79 correlation means they provide meaningful diversification when combined. EINFX charges 0.29%/yr vs 0.92%/yr for AMFIX.
Performance
EINFX vs. AMFIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EINFX achieves a -0.27% return, which is significantly lower than AMFIX's 0.18% return.
EINFX
- 1D
- -0.31%
- 1M
- 0.67%
- YTD
- -0.27%
- 6M
- 0.15%
- 1Y
- 3.89%
- 3Y*
- 2.91%
- 5Y*
- -0.78%
- 10Y*
- 1.30%
AMFIX
- 1D
- -0.12%
- 1M
- 0.08%
- YTD
- 0.18%
- 6M
- 0.32%
- 1Y
- 2.10%
- 3Y*
- 3.27%
- 5Y*
- 0.76%
- 10Y*
- —
EINFX vs. AMFIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EINFX Elfun Income Fund | -0.27% | 7.35% | -0.73% | 4.75% | -13.82% | -1.57% | 7.81% | 9.51% | -0.86% | 0.38% |
AMFIX AAMA Income Fund | 0.18% | 3.74% | 3.48% | 3.84% | -6.26% | -1.37% | 2.24% | 2.47% | 0.89% | -0.44% |
Correlation
The correlation between EINFX and AMFIX is 0.82, 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 | 0.82 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.83 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Aug 30, 2017 | 0.79 |
The correlation between EINFX and AMFIX has been stable across timeframes, ranging from 0.79 to 0.86 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EINFX vs. AMFIX — Risk / Return Rank
EINFX
AMFIX
EINFX vs. AMFIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Elfun Income Fund (EINFX) and AAMA Income Fund (AMFIX). 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.
| EINFX | AMFIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.98 | ||
| Sortino ratioReturn per unit of downside risk | -1.47 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.40 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.21 | 2.97 | -1.76 |
| Martin ratioReturn relative to average drawdown | 3.40 | 9.10 | -5.70 |
Loading charts...
Drawdowns
EINFX vs. AMFIX - Drawdown Comparison
The maximum EINFX drawdown since its inception was -19.78%, which is greater than AMFIX's maximum drawdown of -9.35%. Use the drawdown chart below to compare losses from any high point for EINFX and AMFIX.
Loading charts...
Drawdown Indicators
| EINFX | AMFIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.78% | -9.35% | -10.43% |
Max Drawdown (1Y)Largest decline over 1 year | -3.40% | -0.74% | -2.66% |
Max Drawdown (3Y)Largest decline over 3 years | -8.10% | -0.88% | -7.22% |
Max Drawdown (5Y)Largest decline over 5 years | -19.78% | -8.91% | -10.87% |
Max Drawdown (10Y)Largest decline over 10 years | -19.78% | — | — |
Current DrawdownCurrent decline from peak | -5.55% | -0.52% | -5.03% |
Average DrawdownAverage peak-to-trough decline | -3.58% | -2.01% | -1.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.21% | 0.24% | +0.97% |
Volatility
EINFX vs. AMFIX - Volatility Comparison
Elfun Income Fund (EINFX) has a higher volatility of 1.20% compared to AAMA Income Fund (AMFIX) at 0.46%. This indicates that EINFX's price experiences larger fluctuations and is considered to be riskier than AMFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EINFX | AMFIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.20% | 0.46% | +0.74% |
Volatility (6M)Calculated over the trailing 6-month period | 3.01% | 0.92% | +2.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.17% | 1.12% | +3.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.51% | 2.17% | +4.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.24% | 1.74% | +3.50% |
EINFX vs. AMFIX - Expense Ratio Comparison
EINFX has a 0.29% expense ratio, which is lower than AMFIX's 0.92% expense ratio.
Dividends
EINFX vs. AMFIX - Dividend Comparison
EINFX's dividend yield for the trailing twelve months is around 3.86%, more than AMFIX's 2.22% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMFIX AAMA Income Fund | 2.22% | 2.08% | 2.44% | 1.70% | 0.83% | 0.57% | 0.83% | 1.24% | 1.24% | 0.40% | 0.00% | 0.00% |
EINFX Elfun Income Fund | 3.86% | 3.84% | 3.04% | 2.76% | 4.09% | 3.31% | 3.15% | 2.78% | 2.88% | 2.42% | 3.34% | 2.87% |
Frequently Asked Questions
EINFX and AMFIX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EINFX has higher volatility (1.20%) compared to AMFIX (0.46%). In terms of maximum drawdown, EINFX dropped -19.78% vs AMFIX's -9.35%.
AMFIX currently has the higher Sharpe Ratio (1.97 vs 0.99), 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.
Find the right allocation for EINFX and AMFIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer