RICGX vs. SPMO
RICGX ( The Investment Company of America Class R-6) and SPMO (Invesco S&P 500 Momentum ETF) are both funds - RICGX is a Large Cap Blend Equities fund actively managed by American Funds, while SPMO is a Momentum fund tracking the S&P 500 Momentum Index. RICGX is actively managed, while SPMO is passively managed. Over the past 10 years, RICGX returned 14.69%/yr vs 20.77%/yr for SPMO. A 0.77 correlation means they provide meaningful diversification when combined. RICGX charges 0.27%/yr vs 0.13%/yr for SPMO.
Performance
RICGX vs. SPMO - Performance Comparison
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Returns By Period
In the year-to-date period, RICGX achieves a 10.26% return, which is significantly lower than SPMO's 28.45% return. Over the past 10 years, RICGX has underperformed SPMO with an annualized return of 14.69%, while SPMO has yielded a comparatively higher 20.77% annualized return.
RICGX
- 1D
- -0.69%
- 1M
- 3.85%
- YTD
- 10.26%
- 6M
- 10.23%
- 1Y
- 25.64%
- 3Y*
- 24.29%
- 5Y*
- 15.04%
- 10Y*
- 14.69%
SPMO
- 1D
- -1.46%
- 1M
- 10.84%
- YTD
- 28.45%
- 6M
- 27.50%
- 1Y
- 43.92%
- 3Y*
- 42.27%
- 5Y*
- 23.92%
- 10Y*
- 20.77%
RICGX vs. SPMO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RICGX The Investment Company of America Class R-6 | 10.26% | 20.83% | 25.28% | 28.94% | -15.24% | 25.49% | 14.48% | 24.88% | -6.69% | 19.87% |
SPMO Invesco S&P 500 Momentum ETF | 28.45% | 26.58% | 45.82% | 17.56% | -10.45% | 22.64% | 28.25% | 25.93% | -0.92% | 27.76% |
Correlation
The correlation between RICGX and SPMO is 0.87, 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 | 0.87 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.86 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.86 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Oct 13, 2015 | 0.77 |
The correlation between RICGX and SPMO shifts across timeframes, from 0.77 (all time) to 0.87 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
RICGX vs. SPMO — Risk / Return Rank
RICGX
SPMO
RICGX vs. SPMO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Investment Company of America Class R-6 (RICGX) and Invesco S&P 500 Momentum ETF (SPMO). 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.
| RICGX | SPMO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.39 | ||
| Sortino ratioReturn per unit of downside risk | -0.47 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.44 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.62 | 3.47 | -0.85 |
| Martin ratioReturn relative to average drawdown | 11.92 | 13.52 | -1.61 |
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
| RICGX | SPMO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.11 | 2.49 | -0.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.94 | 1.25 | -0.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.89 | 1.03 | -0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.90 | 1.00 | -0.10 |
Drawdowns
RICGX vs. SPMO - Drawdown Comparison
The maximum RICGX drawdown since its inception was -31.06%, roughly equal to the maximum SPMO drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for RICGX and SPMO.
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Drawdown Indicators
| RICGX | SPMO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.06% | -30.95% | -0.11% |
Max Drawdown (1Y)Largest decline over 1 year | -10.03% | -12.70% | +2.67% |
Max Drawdown (3Y)Largest decline over 3 years | -17.37% | -20.13% | +2.76% |
Max Drawdown (5Y)Largest decline over 5 years | -24.14% | -22.74% | -1.40% |
Max Drawdown (10Y)Largest decline over 10 years | -31.06% | -30.95% | -0.11% |
Current DrawdownCurrent decline from peak | -0.69% | -1.46% | +0.77% |
Average DrawdownAverage peak-to-trough decline | -3.69% | -4.60% | +0.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.20% | 3.26% | -1.06% |
Volatility
RICGX vs. SPMO - Volatility Comparison
The current volatility for The Investment Company of America Class R-6 (RICGX) is 3.36%, while Invesco S&P 500 Momentum ETF (SPMO) has a volatility of 7.39%. This indicates that RICGX experiences smaller price fluctuations and is considered to be less risky than SPMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RICGX | SPMO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.36% | 7.39% | -4.03% |
Volatility (6M)Calculated over the trailing 6-month period | 9.70% | 14.49% | -4.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.48% | 17.70% | -5.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.01% | 19.30% | -3.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.58% | 20.31% | -3.73% |
RICGX vs. SPMO - Expense Ratio Comparison
RICGX has a 0.27% expense ratio, which is higher than SPMO's 0.13% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
RICGX vs. SPMO - Dividend Comparison
RICGX's dividend yield for the trailing twelve months is around 9.92%, more than SPMO's 0.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RICGX The Investment Company of America Class R-6 | 9.92% | 10.89% | 9.59% | 5.25% | 6.45% | 7.24% | 1.68% | 6.74% | 11.60% | 7.36% | 5.77% | 9.70% |
SPMO Invesco S&P 500 Momentum ETF | 0.66% | 0.73% | 0.48% | 1.63% | 1.66% | 0.52% | 1.27% | 1.39% | 1.05% | 0.77% | 1.94% | 0.36% |
Frequently Asked Questions
RICGX and SPMO have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SPMO has higher volatility (7.39%) compared to RICGX (3.36%). In terms of maximum drawdown, RICGX dropped -31.06% vs SPMO's -30.95%.
SPMO currently has the higher Sharpe Ratio (2.49 vs 2.11), 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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