MBXAX vs. AIVSX
Compare and contrast key facts about Catalyst/Millburn Hedge Strategy Fund (MBXAX) and American Funds Investment Company of America Class A (AIVSX).
MBXAX is managed by Catalyst Mutual Funds. It was launched on Dec 27, 2015. AIVSX is managed by American Funds. It was launched on Jan 1, 1934.
Performance
MBXAX vs. AIVSX - Performance Comparison
Loading graphics...
MBXAX vs. AIVSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MBXAX Catalyst/Millburn Hedge Strategy Fund | 9.82% | 4.13% | 13.17% | -0.91% | 7.46% | 16.62% | -0.72% | 13.59% | -2.43% | 13.69% |
AIVSX American Funds Investment Company of America Class A | -4.87% | 20.47% | 24.90% | 28.56% | -15.50% | 25.10% | 14.47% | 24.10% | -8.21% | 19.54% |
Returns By Period
In the year-to-date period, MBXAX achieves a 9.82% return, which is significantly higher than AIVSX's -4.87% return. Over the past 10 years, MBXAX has underperformed AIVSX with an annualized return of 8.18%, while AIVSX has yielded a comparatively higher 12.88% annualized return.
MBXAX
- 1D
- 1.76%
- 1M
- 2.66%
- YTD
- 9.82%
- 6M
- 11.69%
- 1Y
- 15.95%
- 3Y*
- 10.32%
- 5Y*
- 7.96%
- 10Y*
- 8.18%
AIVSX
- 1D
- 3.05%
- 1M
- -5.90%
- YTD
- -4.87%
- 6M
- -3.21%
- 1Y
- 17.66%
- 3Y*
- 20.05%
- 5Y*
- 12.46%
- 10Y*
- 12.88%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MBXAX vs. AIVSX - Expense Ratio Comparison
MBXAX has a 2.18% expense ratio, which is higher than AIVSX's 0.57% expense ratio.
Return for Risk
MBXAX vs. AIVSX — Risk / Return Rank
MBXAX
AIVSX
MBXAX vs. AIVSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Catalyst/Millburn Hedge Strategy Fund (MBXAX) and American Funds Investment Company of America Class A (AIVSX). 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.
| MBXAX | AIVSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.39 | 1.04 | +0.36 |
Sortino ratioReturn per unit of downside risk | 1.87 | 1.59 | +0.28 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.23 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | 1.54 | 1.72 | -0.18 |
Martin ratioReturn relative to average drawdown | 7.26 | 7.16 | +0.10 |
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 graphics...
Sharpe Ratios by Period
| MBXAX | AIVSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.39 | 1.04 | +0.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.68 | 0.78 | -0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | 0.78 | -0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 0.67 | -0.01 |
Correlation
The correlation between MBXAX and AIVSX is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
MBXAX vs. AIVSX - Dividend Comparison
MBXAX has not paid dividends to shareholders, while AIVSX's dividend yield for the trailing twelve months is around 11.17%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MBXAX Catalyst/Millburn Hedge Strategy Fund | 0.00% | 0.00% | 2.43% | 2.02% | 7.57% | 0.00% | 3.92% | 4.96% | 3.07% | 3.35% | 1.82% | 0.00% |
AIVSX American Funds Investment Company of America Class A | 11.17% | 10.60% | 9.29% | 4.96% | 6.12% | 6.94% | 1.65% | 6.15% | 9.61% | 7.08% | 5.48% | 8.95% |
Drawdowns
MBXAX vs. AIVSX - Drawdown Comparison
The maximum MBXAX drawdown since its inception was -31.75%, smaller than the maximum AIVSX drawdown of -50.90%. Use the drawdown chart below to compare losses from any high point for MBXAX and AIVSX.
Loading graphics...
Drawdown Indicators
| MBXAX | AIVSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.75% | -50.90% | +19.15% |
Max Drawdown (1Y)Largest decline over 1 year | -11.29% | -10.76% | -0.53% |
Max Drawdown (5Y)Largest decline over 5 years | -15.66% | -24.31% | +8.65% |
Max Drawdown (10Y)Largest decline over 10 years | -31.75% | -31.09% | -0.66% |
Current DrawdownCurrent decline from peak | 0.00% | -7.34% | +7.34% |
Average DrawdownAverage peak-to-trough decline | -4.11% | -5.93% | +1.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.39% | 2.59% | -0.20% |
Volatility
MBXAX vs. AIVSX - Volatility Comparison
The current volatility for Catalyst/Millburn Hedge Strategy Fund (MBXAX) is 2.85%, while American Funds Investment Company of America Class A (AIVSX) has a volatility of 5.75%. This indicates that MBXAX experiences smaller price fluctuations and is considered to be less risky than AIVSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| MBXAX | AIVSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.85% | 5.75% | -2.90% |
Volatility (6M)Calculated over the trailing 6-month period | 5.49% | 9.93% | -4.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.89% | 17.56% | -5.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.79% | 15.96% | -4.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.45% | 16.55% | -3.10% |