KORP vs. CPTNX
Compare and contrast key facts about American Century Diversified Corporate Bond ETF (KORP) and American Century Government Bond Fund (CPTNX).
KORP is an actively managed fund by American Century Investments. It was launched on Jan 11, 2018. CPTNX is managed by American Century Investments. It was launched on May 15, 1980.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KORP or CPTNX.
Correlation
The correlation between KORP and CPTNX is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
KORP vs. CPTNX - Performance Comparison
Key characteristics
KORP:
0.50
CPTNX:
-0.14
KORP:
0.75
CPTNX:
-0.15
KORP:
1.09
CPTNX:
0.98
KORP:
0.39
CPTNX:
-0.05
KORP:
1.58
CPTNX:
-0.32
KORP:
1.73%
CPTNX:
2.65%
KORP:
5.43%
CPTNX:
5.90%
KORP:
-14.90%
CPTNX:
-22.53%
KORP:
-4.85%
CPTNX:
-13.00%
Returns By Period
The year-to-date returns for both stocks are quite close, with KORP having a -1.28% return and CPTNX slightly lower at -1.30%.
KORP
-1.28%
-2.36%
-0.44%
2.48%
0.96%
N/A
CPTNX
-1.30%
-2.16%
-1.71%
-1.05%
-1.43%
0.21%
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KORP vs. CPTNX - Expense Ratio Comparison
KORP has a 0.29% expense ratio, which is lower than CPTNX's 0.47% expense ratio.
Risk-Adjusted Performance
KORP vs. CPTNX — Risk-Adjusted Performance Rank
KORP
CPTNX
KORP vs. CPTNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century Diversified Corporate Bond ETF (KORP) and American Century Government Bond Fund (CPTNX). 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.
Dividends
KORP vs. CPTNX - Dividend Comparison
KORP's dividend yield for the trailing twelve months is around 5.15%, more than CPTNX's 3.90% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KORP American Century Diversified Corporate Bond ETF | 5.15% | 5.09% | 4.43% | 2.89% | 1.86% | 3.22% | 3.19% | 3.26% | 0.00% | 0.00% | 0.00% | 0.00% |
CPTNX American Century Government Bond Fund | 3.90% | 3.85% | 3.98% | 2.50% | 1.62% | 1.67% | 2.48% | 2.49% | 2.13% | 1.82% | 1.70% | 1.68% |
Drawdowns
KORP vs. CPTNX - Drawdown Comparison
The maximum KORP drawdown since its inception was -14.90%, smaller than the maximum CPTNX drawdown of -22.53%. Use the drawdown chart below to compare losses from any high point for KORP and CPTNX. For additional features, visit the drawdowns tool.
Volatility
KORP vs. CPTNX - Volatility Comparison
American Century Diversified Corporate Bond ETF (KORP) has a higher volatility of 1.56% compared to American Century Government Bond Fund (CPTNX) at 1.31%. This indicates that KORP's price experiences larger fluctuations and is considered to be riskier than CPTNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.