RFETX vs. AIVSX
RFETX (American Funds 2030 Target Date Retirement Fund Class R6) and AIVSX (American Funds Investment Company of America Class A) are both mutual funds - RFETX is a Target Retirement Date fund actively managed by American Funds, while AIVSX is a Large Cap Blend Equities fund managed by American Funds. Over the past 10 years, RFETX returned 9.39%/yr vs 14.19%/yr for AIVSX. With a 0.96 correlation, they move nearly in lockstep. RFETX charges 0.33%/yr vs 0.57%/yr for AIVSX.
Performance
RFETX vs. AIVSX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, RFETX achieves a 5.70% return, which is significantly lower than AIVSX's 10.14% return. Over the past 10 years, RFETX has underperformed AIVSX with an annualized return of 9.39%, while AIVSX has yielded a comparatively higher 14.19% annualized return.
RFETX
- 1D
- -0.40%
- 1M
- 1.80%
- YTD
- 5.70%
- 6M
- 6.13%
- 1Y
- 15.70%
- 3Y*
- 13.62%
- 5Y*
- 6.90%
- 10Y*
- 9.39%
AIVSX
- 1D
- -0.69%
- 1M
- 3.82%
- YTD
- 10.14%
- 6M
- 10.06%
- 1Y
- 25.27%
- 3Y*
- 23.93%
- 5Y*
- 14.69%
- 10Y*
- 14.19%
RFETX vs. AIVSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RFETX American Funds 2030 Target Date Retirement Fund Class R6 | 5.70% | 15.73% | 10.86% | 14.52% | -14.50% | 13.22% | 15.17% | 20.03% | -4.14% | 18.53% |
AIVSX American Funds Investment Company of America Class A | 10.14% | 20.47% | 24.90% | 28.56% | -15.50% | 25.10% | 14.47% | 24.10% | -8.21% | 19.54% |
Correlation
The correlation between RFETX and AIVSX is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.93 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Jan 5, 2010 | 0.96 |
The correlation between RFETX and AIVSX has been stable across timeframes, ranging from 0.93 to 0.96 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
RFETX vs. AIVSX — Risk / Return Rank
RFETX
AIVSX
RFETX vs. AIVSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds 2030 Target Date Retirement Fund Class R6 (RFETX) 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.
| RFETX | AIVSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.15 | ||
| Sortino ratioReturn per unit of downside risk | +0.37 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.38 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.66 | 2.57 | +0.09 |
| Martin ratioReturn relative to average drawdown | 11.86 | 11.66 | +0.20 |
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 charts...
Sharpe Ratios by Period
| RFETX | AIVSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.23 | 2.08 | +0.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | 0.92 | -0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.88 | 0.86 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.81 | 0.70 | +0.11 |
Drawdowns
RFETX vs. AIVSX - Drawdown Comparison
The maximum RFETX drawdown since its inception was -22.29%, smaller than the maximum AIVSX drawdown of -50.90%. Use the drawdown chart below to compare losses from any high point for RFETX and AIVSX.
Loading charts...
Drawdown Indicators
| RFETX | AIVSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.29% | -50.90% | +28.61% |
Max Drawdown (1Y)Largest decline over 1 year | -6.08% | -10.08% | +4.00% |
Max Drawdown (3Y)Largest decline over 3 years | -8.68% | -17.40% | +8.72% |
Max Drawdown (5Y)Largest decline over 5 years | -20.81% | -24.31% | +3.50% |
Max Drawdown (10Y)Largest decline over 10 years | -22.29% | -31.09% | +8.80% |
Current DrawdownCurrent decline from peak | -0.40% | -0.69% | +0.29% |
Average DrawdownAverage peak-to-trough decline | -3.28% | -5.91% | +2.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.36% | 2.22% | -0.86% |
Volatility
RFETX vs. AIVSX - Volatility Comparison
The current volatility for American Funds 2030 Target Date Retirement Fund Class R6 (RFETX) is 2.28%, while American Funds Investment Company of America Class A (AIVSX) has a volatility of 3.36%. This indicates that RFETX 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 charts...
Volatility by Period
| RFETX | AIVSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.28% | 3.36% | -1.08% |
Volatility (6M)Calculated over the trailing 6-month period | 5.77% | 9.69% | -3.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.25% | 12.47% | -5.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.73% | 16.00% | -6.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.67% | 16.58% | -5.91% |
RFETX vs. AIVSX - Expense Ratio Comparison
RFETX has a 0.33% expense ratio, which is lower than AIVSX's 0.57% expense ratio.
Dividends
RFETX vs. AIVSX - Dividend Comparison
RFETX's dividend yield for the trailing twelve months is around 6.26%, less than AIVSX's 9.65% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AIVSX American Funds Investment Company of America Class A | 9.65% | 10.60% | 9.29% | 4.96% | 6.12% | 6.94% | 1.65% | 6.15% | 9.61% | 7.08% | 5.48% | 8.95% |
RFETX American Funds 2030 Target Date Retirement Fund Class R6 | 6.26% | 6.62% | 4.04% | 3.00% | 4.73% | 6.77% | 3.86% | 4.26% | 4.81% | 2.86% | 3.77% | 5.83% |
Frequently Asked Questions
With a correlation of 0.93, RFETX and AIVSX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
AIVSX has higher volatility (3.36%) compared to RFETX (2.28%). In terms of maximum drawdown, RFETX dropped -22.29% vs AIVSX's -50.90%.
RFETX currently has the higher Sharpe Ratio (2.23 vs 2.08), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for RFETX and AIVSX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer