RFITX vs. AMECX
RFITX (American Funds 2050 Target Date Retirement Fund Class R6) and AMECX (American Funds The Income Fund of America Class A) are both mutual funds - RFITX is a Target Retirement Date fund tracking the S&P Target Date 2050 Index, while AMECX is a Diversified Portfolio fund actively managed by American Funds. RFITX is passively managed, while AMECX is actively managed. Over the past 10 years, RFITX returned 11.80%/yr vs 8.35%/yr for AMECX. Their correlation of 0.90 means they have usually moved in the same direction. RFITX charges 0.37%/yr vs 0.56%/yr for AMECX.
Performance
RFITX vs. AMECX - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with RFITX having a 8.42% return and AMECX slightly higher at 8.47%. Over the past 10 years, RFITX has outperformed AMECX with an annualized return of 11.80%, while AMECX has yielded a comparatively lower 8.35% annualized return.
RFITX
- 1D
- 1.70%
- 1M
- -1.42%
- 6M
- 5.58%
- YTD
- 8.42%
- 1Y
- 18.47%
- 3Y*
- 16.40%
- 5Y*
- 9.15%
- 10Y*
- 11.80%
- ALL TIME*
- 10.99%
AMECX
- 1D
- 0.25%
- 1M
- 1.23%
- 6M
- 4.62%
- YTD
- 8.47%
- 1Y
- 16.31%
- 3Y*
- 13.17%
- 5Y*
- 8.30%
- 10Y*
- 8.35%
- ALL TIME*
- 7.75%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
RFITX vs. AMECX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RFITX American Funds 2050 Target Date Retirement Fund Class R6 | 8.42% | 20.45% | 15.43% | 20.84% | -18.88% | 17.32% | 19.44% | 25.01% | -5.59% | 22.61% |
AMECX American Funds The Income Fund of America Class A | 8.47% | 17.77% | 10.84% | 6.79% | -6.40% | 17.37% | 4.49% | 18.50% | -5.27% | 12.58% |
Correlation
The correlation between RFITX and AMECX is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.67 |
Correlation (3Y) Balances recent behavior with more history. | 0.79 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.83 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.86 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2010 | 0.90 |
Over the past year, the correlation between RFITX and AMECX has dropped to 0.67 - well below their long-term average of 0.90, suggesting their price drivers have been diverging.
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Return for Risk
RFITX vs. AMECX — Risk / Return Rank
RFITX
AMECX
RFITX vs. AMECX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds 2050 Target Date Retirement Fund Class R6 (RFITX) and American Funds The Income Fund of America Class A (AMECX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RFITX | AMECX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.74 | ||
| Sortino ratioReturn per unit of downside risk | -1.04 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.37 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.78 | 2.49 | -0.71 |
| Martin ratioReturn relative to average drawdown | 7.69 | 9.13 | -1.44 |
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Drawdowns
RFITX vs. AMECX - Drawdown Comparison
The maximum RFITX drawdown since its inception was -29.28%, smaller than the maximum AMECX drawdown of -41.92%. Use the drawdown chart below to compare losses from any high point for RFITX and AMECX.
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Drawdown Indicators
| RFITX | AMECX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.28% | -41.92% | +12.64% |
Max Drawdown (1Y)Largest decline over 1 year | -9.41% | -6.13% | -3.28% |
Max Drawdown (3Y)Largest decline over 3 years | -14.86% | -8.58% | -6.28% |
Max Drawdown (5Y)Largest decline over 5 years | -26.47% | -15.78% | -10.69% |
Max Drawdown (10Y)Largest decline over 10 years | -29.28% | -26.13% | -3.15% |
Current DrawdownCurrent decline from peak | -2.24% | -0.18% | -2.06% |
Average DrawdownAverage peak-to-trough decline | -4.09% | -4.44% | +0.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.18% | 1.67% | +0.51% |
Volatility
RFITX vs. AMECX - Volatility Comparison
American Funds 2050 Target Date Retirement Fund Class R6 (RFITX) has a higher volatility of 3.56% compared to American Funds The Income Fund of America Class A (AMECX) at 1.99%. This indicates that RFITX's price experiences larger fluctuations and is considered to be riskier than AMECX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RFITX | AMECX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.56% | 1.99% | +1.57% |
Volatility (6M)Calculated over the trailing 6-month period | 10.48% | 5.86% | +4.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.70% | 7.41% | +5.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.45% | 9.43% | +5.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.87% | 10.63% | +4.24% |
RFITX vs. AMECX - Expense Ratio Comparison
RFITX has a 0.37% expense ratio, which is lower than AMECX's 0.56% expense ratio.
Dividends
RFITX vs. AMECX - Dividend Comparison
RFITX's dividend yield for the trailing twelve months is around 5.60%, less than AMECX's 9.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMECX American Funds The Income Fund of America Class A | 9.28% | 9.94% | 6.38% | 2.93% | 6.98% | 6.67% | 2.80% | 5.01% | 7.48% | 4.26% | 3.09% | 5.09% |
RFITX American Funds 2050 Target Date Retirement Fund Class R6 | 5.60% | 6.07% | 3.62% | 2.64% | 7.38% | 4.60% | 3.40% | 4.46% | 5.11% | 2.64% | 3.82% | 5.15% |
Frequently Asked Questions
RFITX and AMECX have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RFITX has higher volatility (3.56%) compared to AMECX (1.99%). In terms of maximum drawdown, RFITX dropped -29.28% vs AMECX's -41.92%.
AMECX currently has the higher Sharpe Ratio (2.06 vs 1.32), 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.
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