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NDARX vs. MIAQX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between NDARX and MIAQX is 0.48, 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.


-0.50.00.51.00.5

Performance

NDARX vs. MIAQX - 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 Multi-Sector Income Fund (MIAQX). The values are adjusted to include any dividend payments, if applicable.

10.00%20.00%30.00%40.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
50.93%
17.86%
NDARX
MIAQX

Key characteristics

Sharpe Ratio

NDARX:

1.80

MIAQX:

1.65

Sortino Ratio

NDARX:

2.46

MIAQX:

2.43

Omega Ratio

NDARX:

1.34

MIAQX:

1.31

Calmar Ratio

NDARX:

3.77

MIAQX:

1.32

Martin Ratio

NDARX:

12.12

MIAQX:

7.62

Ulcer Index

NDARX:

1.09%

MIAQX:

0.84%

Daily Std Dev

NDARX:

7.33%

MIAQX:

3.88%

Max Drawdown

NDARX:

-23.62%

MIAQX:

-17.39%

Current Drawdown

NDARX:

-2.46%

MIAQX:

-2.01%

Returns By Period

In the year-to-date period, NDARX achieves a 11.65% return, which is significantly higher than MIAQX's 5.60% return.


NDARX

YTD

11.65%

1M

-0.43%

6M

4.96%

1Y

12.45%

5Y*

6.61%

10Y*

N/A

MIAQX

YTD

5.60%

1M

-0.43%

6M

3.08%

1Y

6.38%

5Y*

2.50%

10Y*

N/A

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. MIAQX - Expense Ratio Comparison

NDARX has a 0.34% expense ratio, which is lower than MIAQX's 0.78% expense ratio.


MIAQX
American Funds Multi-Sector Income Fund
Expense ratio chart for MIAQX: current value at 0.78% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.78%
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%

Risk-Adjusted Performance

NDARX vs. MIAQX - 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 Multi-Sector Income Fund (MIAQX). 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-1.000.001.002.003.004.001.801.65
The chart of Sortino ratio for NDARX, currently valued at 2.46, compared to the broader market-2.000.002.004.006.008.0010.002.462.43
The chart of Omega ratio for NDARX, currently valued at 1.34, compared to the broader market0.501.001.502.002.503.003.501.341.31
The chart of Calmar ratio for NDARX, currently valued at 3.77, compared to the broader market0.002.004.006.008.0010.0012.0014.003.771.32
The chart of Martin ratio for NDARX, currently valued at 12.12, compared to the broader market0.0020.0040.0060.0012.127.62
NDARX
MIAQX

The current NDARX Sharpe Ratio is 1.80, which is comparable to the MIAQX Sharpe Ratio of 1.65. The chart below compares the historical Sharpe Ratios of NDARX and MIAQX, 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 Ratio1.502.002.503.003.504.00JulyAugustSeptemberOctoberNovemberDecember
1.80
1.65
NDARX
MIAQX

Dividends

NDARX vs. MIAQX - Dividend Comparison

NDARX's dividend yield for the trailing twelve months is around 2.91%, less than MIAQX's 5.52% yield.


TTM202320222021202020192018201720162015
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%
MIAQX
American Funds Multi-Sector Income Fund
5.52%5.82%4.53%3.40%4.01%0.00%0.00%0.00%0.00%0.00%

Drawdowns

NDARX vs. MIAQX - Drawdown Comparison

The maximum NDARX drawdown since its inception was -23.62%, which is greater than MIAQX's maximum drawdown of -17.39%. Use the drawdown chart below to compare losses from any high point for NDARX and MIAQX. 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%
-2.01%
NDARX
MIAQX

Volatility

NDARX vs. MIAQX - Volatility Comparison

American Funds Retirement Income Portfolio - Enhanced (NDARX) has a higher volatility of 2.67% compared to American Funds Multi-Sector Income Fund (MIAQX) at 1.02%. This indicates that NDARX's price experiences larger fluctuations and is considered to be riskier than MIAQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.50%1.00%1.50%2.00%2.50%3.00%JulyAugustSeptemberOctoberNovemberDecember
2.67%
1.02%
NDARX
MIAQX
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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.

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