PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
NDARX vs. AAETX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between NDARX and AAETX is 0.97, 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.


-0.50.00.51.01.0

Performance

NDARX vs. AAETX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds Retirement Income Portfolio - Enhanced (NDARX) and American Funds 2030 Target Date Retirement Fund (AAETX). The values are adjusted to include any dividend payments, if applicable.

80.00%85.00%90.00%95.00%100.00%105.00%110.00%JulyAugustSeptemberOctoberNovemberDecember
92.27%
103.77%
NDARX
AAETX

Key characteristics

Sharpe Ratio

NDARX:

1.80

AAETX:

1.63

Sortino Ratio

NDARX:

2.46

AAETX:

2.25

Omega Ratio

NDARX:

1.34

AAETX:

1.30

Calmar Ratio

NDARX:

3.77

AAETX:

2.95

Martin Ratio

NDARX:

12.12

AAETX:

10.47

Ulcer Index

NDARX:

1.09%

AAETX:

1.16%

Daily Std Dev

NDARX:

7.33%

AAETX:

7.44%

Max Drawdown

NDARX:

-23.62%

AAETX:

-48.18%

Current Drawdown

NDARX:

-2.46%

AAETX:

-2.46%

Returns By Period

In the year-to-date period, NDARX achieves a 11.65% return, which is significantly higher than AAETX's 10.66% return.


NDARX

YTD

11.65%

1M

-0.43%

6M

4.96%

1Y

12.45%

5Y*

6.61%

10Y*

N/A

AAETX

YTD

10.66%

1M

-0.17%

6M

4.20%

1Y

11.30%

5Y*

6.94%

10Y*

7.36%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


NDARX vs. AAETX - Expense Ratio Comparison

NDARX has a 0.34% expense ratio, which is higher than AAETX's 0.33% expense ratio.


NDARX
American Funds Retirement Income Portfolio - Enhanced
Expense ratio chart for NDARX: current value at 0.34% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.34%
Expense ratio chart for AAETX: current value at 0.33% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.33%

Risk-Adjusted Performance

NDARX vs. AAETX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds Retirement Income Portfolio - Enhanced (NDARX) and American Funds 2030 Target Date Retirement Fund (AAETX). 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.


Sharpe ratio
The chart of Sharpe ratio for NDARX, currently valued at 1.80, compared to the broader market-1.000.001.002.003.004.001.801.63
The chart of Sortino ratio for NDARX, currently valued at 2.46, compared to the broader market-2.000.002.004.006.008.0010.002.462.25
The chart of Omega ratio for NDARX, currently valued at 1.34, compared to the broader market0.501.001.502.002.503.003.501.341.30
The chart of Calmar ratio for NDARX, currently valued at 3.77, compared to the broader market0.002.004.006.008.0010.0012.0014.003.772.95
The chart of Martin ratio for NDARX, currently valued at 12.12, compared to the broader market0.0020.0040.0060.0012.1210.47
NDARX
AAETX

The current NDARX Sharpe Ratio is 1.80, which is comparable to the AAETX Sharpe Ratio of 1.63. The chart below compares the historical Sharpe Ratios of NDARX and AAETX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.80
1.63
NDARX
AAETX

Dividends

NDARX vs. AAETX - Dividend Comparison

NDARX's dividend yield for the trailing twelve months is around 2.91%, more than AAETX's 1.79% yield.


TTM20232022202120202019201820172016201520142013
NDARX
American Funds Retirement Income Portfolio - Enhanced
2.91%3.03%2.93%2.25%2.59%2.61%2.88%2.39%2.50%0.71%0.00%0.00%
AAETX
American Funds 2030 Target Date Retirement Fund
0.00%1.98%1.78%0.98%1.38%1.33%1.35%1.04%1.11%0.85%5.04%3.43%

Drawdowns

NDARX vs. AAETX - Drawdown Comparison

The maximum NDARX drawdown since its inception was -23.62%, smaller than the maximum AAETX drawdown of -48.18%. Use the drawdown chart below to compare losses from any high point for NDARX and AAETX. For additional features, visit the drawdowns tool.


-3.50%-3.00%-2.50%-2.00%-1.50%-1.00%-0.50%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.46%
-2.46%
NDARX
AAETX

Volatility

NDARX vs. AAETX - Volatility Comparison

American Funds Retirement Income Portfolio - Enhanced (NDARX) and American Funds 2030 Target Date Retirement Fund (AAETX) have volatilities of 2.67% and 2.65%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


1.50%2.00%2.50%3.00%JulyAugustSeptemberOctoberNovemberDecember
2.67%
2.65%
NDARX
AAETX
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab