ICAFX vs. PPTY
ICAFX (American Funds The Investment Company of America Fund Class F2) and PPTY (US Diversified Real Estate ETF) are both funds - ICAFX is a Large Cap Growth Equities fund actively managed by American Funds, while PPTY is a REIT fund tracking the USREX - U.S. Diversified Real Estate Index. ICAFX is actively managed, while PPTY is passively managed. Over the past 5 years, ICAFX returned 14.04%/yr vs 2.69%/yr for PPTY. Their 0.57 correlation means they have sometimes moved together and sometimes differently. ICAFX charges 0.37%/yr vs 0.49%/yr for PPTY.
Performance
ICAFX vs. PPTY - Performance Comparison
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Returns By Period
In the year-to-date period, ICAFX achieves a 8.27% return, which is significantly lower than PPTY's 16.67% return.
ICAFX
- 1D
- 1.46%
- 1M
- -1.10%
- 6M
- 6.45%
- YTD
- 8.27%
- 1Y
- 17.16%
- 3Y*
- 20.58%
- 5Y*
- 14.04%
- 10Y*
- 13.82%
- ALL TIME*
- 11.52%
PPTY
- 1D
- -0.59%
- 1M
- 0.11%
- 6M
- 14.60%
- YTD
- 16.67%
- 1Y
- 20.67%
- 3Y*
- 8.78%
- 5Y*
- 2.69%
- 10Y*
- —
- ALL TIME*
- 7.51%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $217.61K | $190.74K | $109.18K |
ICAFX vs. PPTY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
ICAFX American Funds The Investment Company of America Fund Class F2 | 8.27% | 20.69% | 25.14% | 28.82% | -15.32% | 25.35% | 14.70% | 24.32% | -7.24% |
PPTY US Diversified Real Estate ETF | 16.67% | -3.47% | 9.85% | 12.66% | -26.10% | 40.36% | -7.25% | 30.19% | 4.86% |
Correlation
The correlation between ICAFX and PPTY is 0.26, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.26 |
Correlation (3Y) Balances recent behavior with more history. | 0.46 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.58 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 2018 | 0.57 |
Over the past year, the correlation between ICAFX and PPTY has dropped to 0.26 - well below their long-term average of 0.57, suggesting their price drivers have been diverging.
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Return for Risk
ICAFX vs. PPTY — Risk / Return Rank
ICAFX
PPTY
ICAFX vs. PPTY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds The Investment Company of America Fund Class F2 (ICAFX) and US Diversified Real Estate ETF (PPTY). 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.
| ICAFX | PPTY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.28 | ||
| Sortino ratioReturn per unit of downside risk | -0.43 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.25 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.53 | 2.45 | -0.93 |
| Martin ratioReturn relative to average drawdown | 6.50 | 7.57 | -1.07 |
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Drawdowns
ICAFX vs. PPTY - Drawdown Comparison
The maximum ICAFX drawdown since its inception was -42.84%, roughly equal to the maximum PPTY drawdown of -41.69%. Use the drawdown chart below to compare losses from any high point for ICAFX and PPTY.
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Drawdown Indicators
| ICAFX | PPTY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.84% | -41.69% | -1.15% |
Max Drawdown (1Y)Largest decline over 1 year | -10.05% | -8.09% | -1.96% |
Max Drawdown (3Y)Largest decline over 3 years | -17.39% | -21.06% | +3.67% |
Max Drawdown (5Y)Largest decline over 5 years | -24.21% | -32.37% | +8.16% |
Max Drawdown (10Y)Largest decline over 10 years | -31.07% | — | — |
Current DrawdownCurrent decline from peak | -2.45% | -2.17% | -0.28% |
Average DrawdownAverage peak-to-trough decline | -5.45% | -11.14% | +5.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.36% | 2.61% | -0.25% |
Volatility
ICAFX vs. PPTY - Volatility Comparison
The current volatility for American Funds The Investment Company of America Fund Class F2 (ICAFX) is 3.36%, while US Diversified Real Estate ETF (PPTY) has a volatility of 4.35%. This indicates that ICAFX experiences smaller price fluctuations and is considered to be less risky than PPTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ICAFX | PPTY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.36% | 4.35% | -0.99% |
Volatility (6M)Calculated over the trailing 6-month period | 10.63% | 10.37% | +0.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.41% | 13.98% | -0.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.13% | 18.57% | -2.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.59% | 21.82% | -5.23% |
ICAFX vs. PPTY - Expense Ratio Comparison
ICAFX has a 0.37% expense ratio, which is lower than PPTY's 0.49% expense ratio.
Dividends
ICAFX vs. PPTY - Dividend Comparison
ICAFX's dividend yield for the trailing twelve months is around 9.45%, more than PPTY's 2.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ICAFX American Funds The Investment Company of America Fund Class F2 | 9.45% | 10.79% | 9.49% | 5.15% | 6.33% | 7.14% | 1.84% | 6.34% | 9.84% | 7.25% | 5.67% | 9.10% |
PPTY US Diversified Real Estate ETF | 2.46% | 3.04% | 3.29% | 4.08% | 4.29% | 2.87% | 3.43% | 3.30% | 1.97% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ICAFX and PPTY have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PPTY has higher volatility (4.35%) compared to ICAFX (3.36%). In terms of maximum drawdown, ICAFX dropped -42.84% vs PPTY's -41.69%.
PPTY currently has the higher Sharpe Ratio (1.43 vs 1.14), 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.
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