GAIFX vs. ANCFX
GAIFX (American Funds Growth and Income Portfolio Class F-1) and ANCFX (American Funds Fundamental Investors Class A) are both mutual funds - GAIFX is a Diversified Portfolio fund actively managed by American Funds, while ANCFX is a Large Cap Blend Equities fund managed by American Funds. Over the past 10 years, GAIFX returned 10.82%/yr vs 14.82%/yr for ANCFX. With a 0.97 correlation, they move nearly in lockstep. GAIFX charges 0.70%/yr vs 0.59%/yr for ANCFX.
Performance
GAIFX vs. ANCFX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GAIFX achieves a 8.63% return, which is significantly lower than ANCFX's 14.34% return. Over the past 10 years, GAIFX has underperformed ANCFX with an annualized return of 10.82%, while ANCFX has yielded a comparatively higher 14.82% annualized return.
GAIFX
- 1D
- -0.52%
- 1M
- 2.81%
- YTD
- 8.63%
- 6M
- 9.03%
- 1Y
- 21.05%
- 3Y*
- 17.50%
- 5Y*
- 9.22%
- 10Y*
- 10.82%
ANCFX
- 1D
- -0.69%
- 1M
- 4.25%
- YTD
- 14.34%
- 6M
- 15.35%
- 1Y
- 33.32%
- 3Y*
- 25.80%
- 5Y*
- 14.56%
- 10Y*
- 14.82%
GAIFX vs. ANCFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GAIFX American Funds Growth and Income Portfolio Class F-1 | 8.63% | 18.16% | 14.55% | 18.71% | -15.97% | 16.33% | 16.31% | 21.86% | -5.94% | 19.08% |
ANCFX American Funds Fundamental Investors Class A | 14.34% | 24.21% | 22.73% | 25.86% | -16.66% | 22.43% | 14.92% | 27.07% | -8.13% | 22.80% |
Correlation
The correlation between GAIFX and ANCFX is 0.97 - 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 | 0.97 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.96 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.98 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.97 |
Correlation (All Time) Calculated using the full available price history since May 22, 2012 | 0.97 |
The correlation between GAIFX and ANCFX has been stable across timeframes, ranging from 0.96 to 0.98 - 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
GAIFX vs. ANCFX — Risk / Return Rank
GAIFX
ANCFX
GAIFX vs. ANCFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Growth and Income Portfolio Class F-1 (GAIFX) 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.
| GAIFX | ANCFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.30 | ||
| Sortino ratioReturn per unit of downside risk | -0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.44 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.66 | 3.17 | -0.51 |
| Martin ratioReturn relative to average drawdown | 12.00 | 14.66 | -2.66 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| GAIFX | ANCFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.15 | 2.46 | -0.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.74 | 0.87 | -0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.82 | 0.84 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.87 | 0.64 | +0.23 |
Drawdowns
GAIFX vs. ANCFX - Drawdown Comparison
The maximum GAIFX drawdown since its inception was -26.55%, smaller than the maximum ANCFX drawdown of -53.29%. Use the drawdown chart below to compare losses from any high point for GAIFX and ANCFX.
Loading charts...
Drawdown Indicators
| GAIFX | ANCFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.55% | -53.29% | +26.74% |
Max Drawdown (1Y)Largest decline over 1 year | -8.13% | -10.66% | +2.53% |
Max Drawdown (3Y)Largest decline over 3 years | -12.83% | -17.97% | +5.14% |
Max Drawdown (5Y)Largest decline over 5 years | -23.14% | -25.07% | +1.93% |
Max Drawdown (10Y)Largest decline over 10 years | -26.55% | -33.93% | +7.38% |
Current DrawdownCurrent decline from peak | -0.52% | -0.69% | +0.17% |
Average DrawdownAverage peak-to-trough decline | -3.44% | -7.32% | +3.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.80% | 2.30% | -0.50% |
Volatility
GAIFX vs. ANCFX - Volatility Comparison
The current volatility for American Funds Growth and Income Portfolio Class F-1 (GAIFX) is 3.08%, while American Funds Fundamental Investors Class A (ANCFX) has a volatility of 3.81%. This indicates that GAIFX experiences smaller price fluctuations and is considered to be less risky than ANCFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GAIFX | ANCFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.08% | 3.81% | -0.73% |
Volatility (6M)Calculated over the trailing 6-month period | 8.01% | 10.79% | -2.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.06% | 13.76% | -3.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.58% | 16.80% | -4.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.17% | 17.73% | -4.56% |
GAIFX vs. ANCFX - Expense Ratio Comparison
GAIFX has a 0.70% expense ratio, which is higher than ANCFX's 0.59% expense ratio.
Dividends
GAIFX vs. ANCFX - Dividend Comparison
GAIFX's dividend yield for the trailing twelve months is around 5.22%, less than ANCFX's 7.48% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ANCFX American Funds Fundamental Investors Class A | 7.48% | 8.54% | 8.90% | 5.80% | 4.98% | 10.97% | 2.61% | 6.91% | 9.31% | 7.28% | 4.71% | 6.08% |
GAIFX American Funds Growth and Income Portfolio Class F-1 | 5.22% | 5.73% | 4.77% | 2.77% | 6.40% | 5.09% | 3.97% | 5.49% | 6.06% | 3.41% | 4.34% | 4.54% |
Frequently Asked Questions
With a correlation of 0.97, GAIFX 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.
ANCFX has higher volatility (3.81%) compared to GAIFX (3.08%). In terms of maximum drawdown, GAIFX dropped -26.55% vs ANCFX's -53.29%.
ANCFX currently has the higher Sharpe Ratio (2.46 vs 2.15), 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 GAIFX and ANCFX
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