Correlation
The correlation between RITGX and AHITX is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
RITGX vs. AHITX
Compare and contrast key facts about American Funds American High-Income Trust® Class R-6 (RITGX) and American Funds American High-Income Trust (AHITX).
RITGX is managed by American Funds. It was launched on Aug 4, 2008. AHITX is managed by American Funds. It was launched on Feb 19, 1988.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RITGX or AHITX.
Performance
RITGX vs. AHITX - Performance Comparison
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Key characteristics
RITGX:
2.05
AHITX:
1.96
RITGX:
2.84
AHITX:
2.69
RITGX:
1.43
AHITX:
1.41
RITGX:
2.15
AHITX:
2.01
RITGX:
9.20
AHITX:
8.58
RITGX:
0.91%
AHITX:
0.93%
RITGX:
4.20%
AHITX:
4.15%
RITGX:
-21.20%
AHITX:
-34.14%
RITGX:
-0.62%
AHITX:
-0.67%
Returns By Period
In the year-to-date period, RITGX achieves a 1.46% return, which is significantly higher than AHITX's 1.32% return. Over the past 10 years, RITGX has outperformed AHITX with an annualized return of 5.17%, while AHITX has yielded a comparatively lower 4.78% annualized return.
RITGX
1.46%
0.31%
1.11%
7.79%
6.86%
7.39%
5.17%
AHITX
1.32%
0.31%
0.94%
7.38%
6.45%
6.97%
4.78%
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RITGX vs. AHITX - Expense Ratio Comparison
RITGX has a 0.32% expense ratio, which is lower than AHITX's 0.69% expense ratio.
Risk-Adjusted Performance
RITGX vs. AHITX — Risk-Adjusted Performance Rank
RITGX
AHITX
RITGX vs. AHITX - Risk-Adjusted Performance 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.
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Dividends
RITGX vs. AHITX - Dividend Comparison
RITGX's dividend yield for the trailing twelve months is around 6.18%, more than AHITX's 5.80% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RITGX American Funds American High-Income Trust® Class R-6 | 6.18% | 6.65% | 6.81% | 5.93% | 4.65% | 6.19% | 6.56% | 6.68% | 5.80% | 5.95% | 7.28% | 6.70% |
AHITX American Funds American High-Income Trust | 5.80% | 6.25% | 6.43% | 5.52% | 4.28% | 5.81% | 6.19% | 6.31% | 5.47% | 5.60% | 6.95% | 6.37% |
Drawdowns
RITGX vs. AHITX - Drawdown Comparison
The maximum RITGX drawdown since its inception was -21.20%, smaller than the maximum AHITX drawdown of -34.14%. Use the drawdown chart below to compare losses from any high point for RITGX and AHITX.
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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 1.26% and 1.26%, 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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