RGAGX vs. AIVSX
RGAGX (American Funds The Growth Fund of America Class R-6) and AIVSX (American Funds Investment Company of America Class A) are both mutual funds - RGAGX is a Large Cap Growth Equities fund managed by American Funds, while AIVSX is a Large Cap Blend Equities fund managed by American Funds. Over the past 10 years, RGAGX returned 16.30%/yr vs 14.19%/yr for AIVSX. Their correlation of 0.95 suggests significant overlap in exposure. RGAGX charges 0.30%/yr vs 0.57%/yr for AIVSX.
Performance
RGAGX vs. AIVSX - Performance Comparison
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Returns By Period
In the year-to-date period, RGAGX achieves a 9.36% return, which is significantly lower than AIVSX's 10.14% return. Over the past 10 years, RGAGX has outperformed AIVSX with an annualized return of 16.30%, while AIVSX has yielded a comparatively lower 14.19% annualized return.
RGAGX
- 1D
- -0.80%
- 1M
- 5.24%
- YTD
- 9.36%
- 6M
- 8.89%
- 1Y
- 25.11%
- 3Y*
- 25.20%
- 5Y*
- 12.43%
- 10Y*
- 16.30%
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%
RGAGX vs. AIVSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RGAGX American Funds The Growth Fund of America Class R-6 | 9.36% | 20.08% | 28.41% | 37.66% | -30.53% | 19.67% | 38.30% | 29.22% | -2.88% | 26.53% |
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 RGAGX and AIVSX is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.96 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.96 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since May 4, 2009 | 0.95 |
The correlation between RGAGX and AIVSX has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.
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Return for Risk
RGAGX vs. AIVSX — Risk / Return Rank
RGAGX
AIVSX
RGAGX vs. AIVSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds The Growth Fund of America Class R-6 (RGAGX) 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.
| RGAGX | AIVSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.39 | ||
| Sortino ratioReturn per unit of downside risk | -0.53 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.38 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.87 | 2.57 | -0.70 |
| Martin ratioReturn relative to average drawdown | 7.32 | 11.66 | -4.34 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RGAGX | AIVSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.69 | 2.08 | -0.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.62 | 0.92 | -0.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.83 | 0.86 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.85 | 0.70 | +0.16 |
Drawdowns
RGAGX vs. AIVSX - Drawdown Comparison
The maximum RGAGX drawdown since its inception was -36.19%, smaller than the maximum AIVSX drawdown of -50.90%. Use the drawdown chart below to compare losses from any high point for RGAGX and AIVSX.
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Drawdown Indicators
| RGAGX | AIVSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.19% | -50.90% | +14.71% |
Max Drawdown (1Y)Largest decline over 1 year | -13.71% | -10.08% | -3.63% |
Max Drawdown (3Y)Largest decline over 3 years | -21.54% | -17.40% | -4.14% |
Max Drawdown (5Y)Largest decline over 5 years | -36.19% | -24.31% | -11.88% |
Max Drawdown (10Y)Largest decline over 10 years | -36.19% | -31.09% | -5.10% |
Current DrawdownCurrent decline from peak | -1.12% | -0.69% | -0.43% |
Average DrawdownAverage peak-to-trough decline | -5.49% | -5.91% | +0.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.50% | 2.22% | +1.28% |
Volatility
RGAGX vs. AIVSX - Volatility Comparison
American Funds The Growth Fund of America Class R-6 (RGAGX) has a higher volatility of 3.86% compared to American Funds Investment Company of America Class A (AIVSX) at 3.36%. This indicates that RGAGX's price experiences larger fluctuations and is considered to be riskier than AIVSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RGAGX | AIVSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.86% | 3.36% | +0.50% |
Volatility (6M)Calculated over the trailing 6-month period | 11.66% | 9.69% | +1.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.16% | 12.47% | +2.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.24% | 16.00% | +4.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.69% | 16.58% | +3.11% |
RGAGX vs. AIVSX - Expense Ratio Comparison
RGAGX has a 0.30% expense ratio, which is lower than AIVSX's 0.57% expense ratio.
Dividends
RGAGX vs. AIVSX - Dividend Comparison
RGAGX's dividend yield for the trailing twelve months is around 10.05%, more 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% |
RGAGX American Funds The Growth Fund of America Class R-6 | 10.05% | 10.99% | 9.29% | 7.70% | 4.44% | 8.49% | 4.57% | 7.93% | 12.36% | 7.34% | 6.95% | 9.22% |
Frequently Asked Questions
With a correlation of 0.96, RGAGX 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.
RGAGX has higher volatility (3.86%) compared to AIVSX (3.36%). In terms of maximum drawdown, RGAGX dropped -36.19% vs AIVSX's -50.90%.
AIVSX currently has the higher Sharpe Ratio (2.08 vs 1.69), 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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