FINFX vs. ANCFX

Last updated Jun 4, 2026

FINFX (American Funds Fundamental Investors® Class F-2) and ANCFX (American Funds Fundamental Investors Class A) are both Large Cap Blend Equities funds from American Funds. Over the past 10 years, FINFX returned 15.13%/yr vs 14.90%/yr for ANCFX. With a 1.00 correlation, they move nearly in lockstep. FINFX charges 0.39%/yr vs 0.59%/yr for ANCFX.

Performance

FINFX vs. ANCFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds Fundamental Investors® Class F-2 (FINFX) and American Funds Fundamental Investors Class A (ANCFX). 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 FINFX having a 15.23% return and ANCFX slightly lower at 15.14%. Both investments have delivered pretty close results over the past 10 years, with FINFX having a 15.13% annualized return and ANCFX not far behind at 14.90%.

FINFX

• 1D: 0.01%
• 1M: 5.92%
• YTD: 15.23%
• 6M: 16.26%
• 1Y: 34.80%
• 3Y*: 26.35%
• 5Y*: 15.15%
• 10Y*: 15.13%

ANCFX

• 1D: 0.00%
• 1M: 5.89%
• YTD: 15.14%
• 6M: 16.14%
• 1Y: 34.54%
• 3Y*: 26.09%
• 5Y*: 14.91%
• 10Y*: 14.90%

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

FINFX vs. ANCFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FINFX American Funds Fundamental Investors® Class F-2	15.23%	24.44%	22.98%	26.14%	-16.47%	22.68%	15.16%	27.34%	-7.96%	23.00%
ANCFX American Funds Fundamental Investors Class A	15.14%	24.21%	22.73%	25.86%	-16.66%	22.43%	14.92%	27.07%	-8.13%	22.80%

Correlation

The correlation between FINFX and ANCFX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	1.00
Correlation (3Y) Calculated over the trailing 3-year period	1.00
Correlation (5Y) Calculated over the trailing 5-year period	1.00
Correlation (10Y) Calculated over the trailing 10-year period	1.00
Correlation (All Time) Calculated using the full available price history since Aug 4, 2008	1.00

The correlation between FINFX and ANCFX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.

Return for Risk

FINFX vs. ANCFX — Risk / Return Rank

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

FINFX

FINFX Risk / Return Rank: 75
FINFX Sharpe Ratio Rank: 80
FINFX Sortino Ratio Rank: 70
FINFX Omega Ratio Rank: 70
FINFX Calmar Ratio Rank: 74
FINFX Martin Ratio Rank: 83

ANCFX

ANCFX Risk / Return Rank: 75
ANCFX Sharpe Ratio Rank: 79
ANCFX Sortino Ratio Rank: 69
ANCFX Omega Ratio Rank: 69
ANCFX Calmar Ratio Rank: 73
ANCFX Martin Ratio Rank: 82

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.

FINFX vs. ANCFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds Fundamental Investors® Class F-2 (FINFX) and American Funds Fundamental Investors Class A (ANCFX). 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.

	FINFX	ANCFX	Difference
Sharpe ratio: Return per unit of total volatility	2.60	2.58	+0.02
Sortino ratio: Return per unit of downside risk	3.49	3.47	+0.02
Omega ratio: Gain probability vs. loss probability	1.47	1.47	0.00
Calmar ratio: Return relative to maximum drawdown	3.36	3.33	+0.03
Martin ratio: Return relative to average drawdown	15.58	15.41	+0.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FINFX vs. ANCFX - Sharpe Ratio Comparison

The current FINFX Sharpe Ratio is 2.60, which is comparable to the ANCFX Sharpe Ratio of 2.58. The chart below compares the historical Sharpe Ratios of FINFX and ANCFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FINFX	ANCFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.60	2.58	+0.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.91	0.89	+0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.86	0.84	+0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	0.64	-0.02

Drawdowns

FINFX vs. ANCFX - Drawdown Comparison

The maximum FINFX drawdown since its inception was -46.54%, smaller than the maximum ANCFX drawdown of -53.29%. Use the drawdown chart below to compare losses from any high point for FINFX and ANCFX.

Drawdown Indicators

	FINFX	ANCFX	Difference
Max Drawdown Largest peak-to-trough decline	-46.54%	-53.29%	+6.75%
Max Drawdown (1Y) Largest decline over 1 year	-10.64%	-10.66%	+0.02%
Max Drawdown (3Y) Largest decline over 3 years	-17.94%	-17.97%	+0.03%
Max Drawdown (5Y) Largest decline over 5 years	-24.95%	-25.07%	+0.12%
Max Drawdown (10Y) Largest decline over 10 years	-33.91%	-33.93%	+0.02%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-5.99%	-7.32%	+1.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.29%	2.30%	-0.01%

Volatility

FINFX vs. ANCFX - Volatility Comparison

American Funds Fundamental Investors® Class F-2 (FINFX) and American Funds Fundamental Investors Class A (ANCFX) have volatilities of 3.69% and 3.68%, 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

	FINFX	ANCFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.69%	3.68%	+0.01%
Volatility (6M) Calculated over the trailing 6-month period	10.83%	10.82%	+0.01%
Volatility (1Y) Calculated over the trailing 1-year period	13.76%	13.75%	+0.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.80%	16.80%	0.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.73%	17.73%	0.00%

FINFX vs. ANCFX - Expense Ratio Comparison

FINFX has a 0.39% expense ratio, which is lower than ANCFX's 0.59% expense ratio.

Dividends

FINFX vs. ANCFX - Dividend Comparison

FINFX's dividend yield for the trailing twelve months is around 7.59%, more than ANCFX's 7.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ANCFX American Funds Fundamental Investors Class A	7.43%	8.54%	8.90%	5.80%	4.98%	10.97%	2.61%	6.91%	9.31%	7.28%	4.71%	6.08%
FINFX American Funds Fundamental Investors® Class F-2	7.59%	8.73%	9.11%	6.01%	5.21%	11.19%	2.81%	7.11%	9.54%	7.46%	4.91%	6.29%

Frequently Asked Questions

Can I hold both FINFX and ANCFX in my portfolio?

With a correlation of 1.00, FINFX and ANCFX 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, FINFX or ANCFX?

FINFX has higher volatility (3.69%) compared to ANCFX (3.68%). In terms of maximum drawdown, FINFX dropped -46.54% vs ANCFX's -53.29%.

Which has better risk-adjusted returns?

FINFX currently has the higher Sharpe Ratio (2.60 vs 2.58), 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.