NAARX vs. ASTEX
Compare and contrast key facts about American Funds Retirement Income Portfolio - Conservative (NAARX) and American Funds Short-Term Tax Exempt Bond Fund (ASTEX).
NAARX is managed by American Funds. It was launched on Aug 27, 2015. ASTEX is managed by American Funds. It was launched on Aug 6, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NAARX or ASTEX.
Correlation
The correlation between NAARX and ASTEX is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
NAARX vs. ASTEX - Performance Comparison
Key characteristics
NAARX:
2.19
ASTEX:
2.04
NAARX:
3.03
ASTEX:
3.16
NAARX:
1.42
ASTEX:
1.55
NAARX:
2.10
ASTEX:
3.06
NAARX:
9.77
ASTEX:
9.02
NAARX:
1.20%
ASTEX:
0.38%
NAARX:
5.32%
ASTEX:
1.69%
NAARX:
-16.36%
ASTEX:
-5.66%
NAARX:
0.00%
ASTEX:
-0.20%
Returns By Period
In the year-to-date period, NAARX achieves a 3.18% return, which is significantly higher than ASTEX's 0.62% return.
NAARX
3.18%
2.13%
3.25%
10.78%
3.83%
N/A
ASTEX
0.62%
0.62%
1.33%
3.34%
0.99%
1.12%
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NAARX vs. ASTEX - Expense Ratio Comparison
NAARX has a 0.34% expense ratio, which is lower than ASTEX's 0.53% expense ratio.
Risk-Adjusted Performance
NAARX vs. ASTEX — Risk-Adjusted Performance Rank
NAARX
ASTEX
NAARX vs. ASTEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Retirement Income Portfolio - Conservative (NAARX) and American Funds Short-Term Tax Exempt Bond Fund (ASTEX). 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
NAARX vs. ASTEX - Dividend Comparison
NAARX's dividend yield for the trailing twelve months is around 3.26%, more than ASTEX's 2.57% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NAARX American Funds Retirement Income Portfolio - Conservative | 3.26% | 3.36% | 3.17% | 3.19% | 2.01% | 3.12% | 2.59% | 2.54% | 2.05% | 2.07% | 0.69% | 0.00% |
ASTEX American Funds Short-Term Tax Exempt Bond Fund | 2.57% | 2.55% | 2.09% | 1.07% | 0.50% | 1.04% | 1.51% | 1.44% | 1.23% | 1.07% | 1.03% | 1.05% |
Drawdowns
NAARX vs. ASTEX - Drawdown Comparison
The maximum NAARX drawdown since its inception was -16.36%, which is greater than ASTEX's maximum drawdown of -5.66%. Use the drawdown chart below to compare losses from any high point for NAARX and ASTEX. For additional features, visit the drawdowns tool.
Volatility
NAARX vs. ASTEX - Volatility Comparison
American Funds Retirement Income Portfolio - Conservative (NAARX) has a higher volatility of 1.38% compared to American Funds Short-Term Tax Exempt Bond Fund (ASTEX) at 0.43%. This indicates that NAARX's price experiences larger fluctuations and is considered to be riskier than ASTEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.