IBM vs. AGTHX
IBM (International Business Machines Corporation) is a stock, while AGTHX (American Funds The Growth Fund of America Class A) is Large Cap Growth Equities fund actively managed by Capital Group. Over the past 10 years, IBM returned 10.88%/yr vs 15.79%/yr for AGTHX. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
IBM vs. AGTHX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IBM achieves a -8.10% return, which is significantly lower than AGTHX's 6.60% return. Over the past 10 years, IBM has underperformed AGTHX with an annualized return of 10.88%, while AGTHX has yielded a comparatively higher 15.79% annualized return.
IBM
- 1D
- -1.30%
- 1M
- 22.53%
- YTD
- -8.10%
- 6M
- -11.80%
- 1Y
- -0.59%
- 3Y*
- 29.13%
- 5Y*
- 18.25%
- 10Y*
- 10.88%
AGTHX
- 1D
- 0.27%
- 1M
- 0.45%
- YTD
- 6.60%
- 6M
- 7.72%
- 1Y
- 21.49%
- 3Y*
- 22.87%
- 5Y*
- 11.31%
- 10Y*
- 15.79%
IBM vs. AGTHX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IBM International Business Machines Corporation | -8.10% | 38.23% | 39.27% | 21.85% | 10.64% | 16.65% | -1.16% | 23.58% | -22.56% | -3.99% |
AGTHX American Funds The Growth Fund of America Class A | 6.60% | 19.73% | 28.02% | 37.22% | -30.75% | 19.32% | 37.83% | 28.16% | -3.15% | 26.14% |
Correlation
The correlation between IBM and AGTHX is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 1990 | 0.54 |
Over the past year, the correlation between IBM and AGTHX has dropped to 0.33 - well below their long-term average of 0.54, suggesting their price drivers have been diverging.
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
IBM vs. AGTHX — Risk / Return Rank
IBM
AGTHX
IBM vs. AGTHX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for International Business Machines Corporation (IBM) and American Funds The Growth Fund of America Class A (AGTHX). 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.
| IBM | AGTHX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.27 | ||
| Sortino ratioReturn per unit of downside risk | -1.49 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.23 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | 1.46 | -1.48 |
| Martin ratioReturn relative to average drawdown | -0.04 | 5.60 | -5.64 |
Loading charts...
Drawdowns
IBM vs. AGTHX - Drawdown Comparison
The maximum IBM drawdown since its inception was -69.40%, which is greater than AGTHX's maximum drawdown of -51.91%. Use the drawdown chart below to compare losses from any high point for IBM and AGTHX.
Loading charts...
Drawdown Indicators
| IBM | AGTHX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.40% | -51.91% | -17.49% |
Max Drawdown (1Y)Largest decline over 1 year | -30.96% | -13.76% | -17.20% |
Max Drawdown (3Y)Largest decline over 3 years | -30.96% | -21.57% | -9.39% |
Max Drawdown (5Y)Largest decline over 5 years | -30.96% | -36.38% | +5.42% |
Max Drawdown (10Y)Largest decline over 10 years | -40.59% | -36.38% | -4.21% |
Current DrawdownCurrent decline from peak | -18.38% | -3.49% | -14.89% |
Average DrawdownAverage peak-to-trough decline | -20.12% | -9.19% | -10.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.43% | 3.59% | +10.84% |
Volatility
IBM vs. AGTHX - Volatility Comparison
International Business Machines Corporation (IBM) has a higher volatility of 21.56% compared to American Funds The Growth Fund of America Class A (AGTHX) at 6.25%. This indicates that IBM's price experiences larger fluctuations and is considered to be riskier than AGTHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IBM | AGTHX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.56% | 6.25% | +15.31% |
Volatility (6M)Calculated over the trailing 6-month period | 34.63% | 12.77% | +21.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.52% | 16.00% | +23.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.18% | 20.37% | +6.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.60% | 19.75% | +6.85% |
Dividends
IBM vs. AGTHX - Dividend Comparison
IBM's dividend yield for the trailing twelve months is around 2.50%, less than AGTHX's 10.03% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGTHX American Funds The Growth Fund of America Class A | 10.03% | 10.69% | 8.99% | 7.40% | 4.05% | 8.18% | 4.30% | 7.15% | 11.99% | 7.03% | 6.61% | 8.87% |
IBM International Business Machines Corporation | 2.50% | 2.27% | 3.03% | 4.05% | 4.68% | 4.74% | 5.17% | 4.80% | 5.46% | 3.85% | 3.31% | 3.63% |
Frequently Asked Questions
IBM and AGTHX have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBM has higher volatility (21.56%) compared to AGTHX (6.25%). In terms of maximum drawdown, IBM dropped -69.40% vs AGTHX's -51.91%.
AGTHX currently has the higher Sharpe Ratio (1.26 vs -0.01), 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 IBM and AGTHX
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