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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MBXAX or AIVSX.
Correlation
The correlation between MBXAX and AIVSX is 0.57, 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.
Performance
MBXAX vs. AIVSX - Performance Comparison
Key characteristics
MBXAX:
1.49
AIVSX:
1.05
MBXAX:
2.07
AIVSX:
1.34
MBXAX:
1.28
AIVSX:
1.22
MBXAX:
1.89
AIVSX:
1.45
MBXAX:
4.93
AIVSX:
5.19
MBXAX:
3.24%
AIVSX:
2.98%
MBXAX:
10.74%
AIVSX:
14.77%
MBXAX:
-31.75%
AIVSX:
-50.56%
MBXAX:
0.00%
AIVSX:
-10.40%
Returns By Period
In the year-to-date period, MBXAX achieves a 4.18% return, which is significantly higher than AIVSX's -0.17% return.
MBXAX
4.18%
2.90%
2.99%
16.05%
6.46%
N/A
AIVSX
-0.17%
-9.64%
-1.98%
15.30%
8.84%
6.43%
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MBXAX vs. AIVSX - Expense Ratio Comparison
MBXAX has a 2.18% expense ratio, which is higher than AIVSX's 0.57% expense ratio.
Risk-Adjusted Performance
MBXAX vs. AIVSX — Risk-Adjusted Performance Rank
MBXAX
AIVSX
MBXAX vs. AIVSX - Risk-Adjusted Performance 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.
Dividends
MBXAX vs. AIVSX - Dividend Comparison
MBXAX's dividend yield for the trailing twelve months is around 1.60%, more than AIVSX's 1.08% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MBXAX Catalyst/Millburn Hedge Strategy Fund | 1.60% | 1.67% | 1.60% | 3.97% | 0.00% | 3.92% | 4.96% | 1.50% | 0.00% | 1.22% | 0.00% | 0.00% |
AIVSX American Funds Investment Company of America Class A | 1.08% | 1.07% | 1.44% | 1.50% | 1.20% | 1.40% | 1.93% | 2.17% | 1.68% | 1.89% | 3.06% | 11.66% |
Drawdowns
MBXAX vs. AIVSX - Drawdown Comparison
The maximum MBXAX drawdown since its inception was -31.75%, smaller than the maximum AIVSX drawdown of -50.56%. Use the drawdown chart below to compare losses from any high point for MBXAX and AIVSX. For additional features, visit the drawdowns tool.
Volatility
MBXAX vs. AIVSX - Volatility Comparison
The current volatility for Catalyst/Millburn Hedge Strategy Fund (MBXAX) is 2.94%, while American Funds Investment Company of America Class A (AIVSX) has a volatility of 9.08%. 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.