RITGX vs. AHITX
RITGX (American Funds American High-Income Trust® Class R-6) and AHITX (American Funds American High-Income Trust) are both High Yield Bonds funds from American Funds. Over the past 10 years, RITGX returned 6.36%/yr vs 5.90%/yr for AHITX. With a 1.00 correlation, they move nearly in lockstep. RITGX charges 0.32%/yr vs 0.69%/yr for AHITX.
Performance
RITGX vs. AHITX - Performance Comparison
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Returns By Period
In the year-to-date period, RITGX achieves a 1.83% return, which is significantly higher than AHITX's 1.67% return. Over the past 10 years, RITGX has outperformed AHITX with an annualized return of 6.36%, while AHITX has yielded a comparatively lower 5.90% annualized return.
RITGX
- 1D
- -0.20%
- 1M
- 0.54%
- YTD
- 1.83%
- 6M
- 2.52%
- 1Y
- 7.54%
- 3Y*
- 9.89%
- 5Y*
- 4.78%
- 10Y*
- 6.36%
AHITX
- 1D
- -0.20%
- 1M
- 0.51%
- YTD
- 1.67%
- 6M
- 2.32%
- 1Y
- 7.14%
- 3Y*
- 9.24%
- 5Y*
- 4.26%
- 10Y*
- 5.90%
RITGX vs. AHITX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RITGX American Funds American High-Income Trust® Class R-6 | 1.83% | 8.69% | 9.91% | 12.54% | -10.10% | 8.74% | 7.44% | 12.28% | -1.46% | 7.70% |
AHITX American Funds American High-Income Trust | 1.67% | 8.28% | 9.45% | 11.43% | -10.38% | 8.32% | 7.01% | 11.86% | -1.80% | 7.30% |
Correlation
The correlation between RITGX and AHITX is 1.00 - 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 | 1.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 1.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 1.00 |
Correlation (10Y) Calculated over the trailing 10-year period | 1.00 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2010 | 1.00 |
The correlation between RITGX and AHITX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
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Return for Risk
RITGX vs. AHITX — Risk / Return Rank
RITGX
AHITX
RITGX vs. AHITX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds American High-Income Trust® Class R-6 (RITGX) and American Funds American High-Income Trust (AHITX). 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.
| RITGX | AHITX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 1.46 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.19 | 3.02 | +0.17 |
| Martin ratioReturn relative to average drawdown | 14.17 | 13.36 | +0.82 |
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Drawdowns
RITGX vs. AHITX - Drawdown Comparison
The maximum RITGX drawdown since its inception was -21.20%, smaller than the maximum AHITX drawdown of -34.81%. Use the drawdown chart below to compare losses from any high point for RITGX and AHITX.
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Drawdown Indicators
| RITGX | AHITX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.20% | -34.81% | +13.61% |
Max Drawdown (1Y)Largest decline over 1 year | -2.41% | -2.41% | 0.00% |
Max Drawdown (3Y)Largest decline over 3 years | -3.92% | -3.96% | +0.04% |
Max Drawdown (5Y)Largest decline over 5 years | -13.75% | -13.93% | +0.18% |
Max Drawdown (10Y)Largest decline over 10 years | -21.20% | -21.22% | +0.02% |
Current DrawdownCurrent decline from peak | -0.51% | -0.51% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -2.22% | -2.66% | +0.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.54% | 0.54% | 0.00% |
Volatility
RITGX vs. AHITX - Volatility Comparison
American Funds American High-Income Trust® Class R-6 (RITGX) and American Funds American High-Income Trust (AHITX) have volatilities of 1.02% and 1.00%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RITGX | AHITX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.02% | 1.00% | +0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 2.71% | 2.67% | +0.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.52% | 3.46% | +0.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.04% | 4.99% | +0.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.52% | 5.48% | +0.04% |
RITGX vs. AHITX - Expense Ratio Comparison
RITGX has a 0.32% expense ratio, which is lower than AHITX's 0.69% expense ratio.
Dividends
RITGX vs. AHITX - Dividend Comparison
RITGX's dividend yield for the trailing twelve months is around 6.68%, more than AHITX's 6.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AHITX American Funds American High-Income Trust | 6.30% | 6.26% | 6.25% | 5.87% | 4.17% | 4.27% | 5.81% | 6.19% | 6.31% | 5.99% | 5.05% | 6.92% |
RITGX American Funds American High-Income Trust® Class R-6 | 6.68% | 6.63% | 6.66% | 6.80% | 4.50% | 4.65% | 6.19% | 6.56% | 6.68% | 6.36% | 5.36% | 7.29% |
Frequently Asked Questions
With a correlation of 1.00, RITGX and AHITX 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.
RITGX has higher volatility (1.02%) compared to AHITX (1.00%). In terms of maximum drawdown, RITGX dropped -21.20% vs AHITX's -34.81%.
RITGX currently has the higher Sharpe Ratio (2.19 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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