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RITGX vs. FHYTX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

RITGX vs. FHYTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds American High-Income Trust® Class R-6 (RITGX) and Federated Hermes Opportunistic High Yield Bond Fund (FHYTX). The values are adjusted to include any dividend payments, if applicable.

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RITGX vs. FHYTX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
RITGX
American Funds American High-Income Trust® Class R-6
-1.08%8.69%9.91%12.54%-10.10%8.74%7.44%12.28%-1.46%7.70%
FHYTX
Federated Hermes Opportunistic High Yield Bond Fund
-2.24%8.40%6.24%13.22%-13.45%7.37%6.72%15.34%-4.66%7.46%

Returns By Period

In the year-to-date period, RITGX achieves a -1.08% return, which is significantly higher than FHYTX's -2.24% return. Both investments have delivered pretty close results over the past 10 years, with RITGX having a 6.51% annualized return and FHYTX not far behind at 6.32%.


RITGX

1D
0.00%
1M
-2.41%
YTD
-1.08%
6M
0.29%
1Y
6.25%
3Y*
8.89%
5Y*
4.84%
10Y*
6.51%

FHYTX

1D
0.00%
1M
-2.76%
YTD
-2.24%
6M
-0.78%
1Y
5.48%
3Y*
7.17%
5Y*
2.93%
10Y*
6.32%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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RITGX vs. FHYTX - Expense Ratio Comparison

RITGX has a 0.32% expense ratio, which is lower than FHYTX's 0.98% expense ratio.


Return for Risk

RITGX vs. FHYTX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RITGX
RITGX Risk / Return Rank: 8282
Overall Rank
RITGX Sharpe Ratio Rank: 8383
Sharpe Ratio Rank
RITGX Sortino Ratio Rank: 8080
Sortino Ratio Rank
RITGX Omega Ratio Rank: 8787
Omega Ratio Rank
RITGX Calmar Ratio Rank: 7979
Calmar Ratio Rank
RITGX Martin Ratio Rank: 8181
Martin Ratio Rank

FHYTX
FHYTX Risk / Return Rank: 7676
Overall Rank
FHYTX Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
FHYTX Sortino Ratio Rank: 7373
Sortino Ratio Rank
FHYTX Omega Ratio Rank: 8282
Omega Ratio Rank
FHYTX Calmar Ratio Rank: 7373
Calmar Ratio Rank
FHYTX Martin Ratio Rank: 7575
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RITGX vs. FHYTX - 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 Federated Hermes Opportunistic High Yield Bond Fund (FHYTX). 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.


RITGXFHYTXDifference

Sharpe ratio

Return per unit of total volatility

1.55

1.31

+0.24

Sortino ratio

Return per unit of downside risk

2.01

1.79

+0.22

Omega ratio

Gain probability vs. loss probability

1.37

1.33

+0.04

Calmar ratio

Return relative to maximum drawdown

1.86

1.66

+0.20

Martin ratio

Return relative to average drawdown

7.98

7.17

+0.81

RITGX vs. FHYTX - Sharpe Ratio Comparison

The current RITGX Sharpe Ratio is 1.55, which is comparable to the FHYTX Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of RITGX and FHYTX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


RITGXFHYTXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.55

1.31

+0.24

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.98

0.52

+0.46

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.18

0.87

+0.31

Sharpe Ratio (All Time)

Calculated using the full available price history

1.18

1.06

+0.11

Correlation

The correlation between RITGX and FHYTX is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

RITGX vs. FHYTX - Dividend Comparison

RITGX's dividend yield for the trailing twelve months is around 6.25%, more than FHYTX's 4.96% yield.


TTM20252024202320222021202020192018201720162015
RITGX
American Funds American High-Income Trust® Class R-6
6.25%6.63%6.66%6.80%4.50%4.65%6.19%6.56%6.68%6.36%5.36%7.29%
FHYTX
Federated Hermes Opportunistic High Yield Bond Fund
4.96%5.19%4.91%5.42%4.40%3.95%4.67%5.01%6.71%4.68%14.56%5.28%

Drawdowns

RITGX vs. FHYTX - Drawdown Comparison

The maximum RITGX drawdown since its inception was -21.20%, smaller than the maximum FHYTX drawdown of -34.98%. Use the drawdown chart below to compare losses from any high point for RITGX and FHYTX.


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Drawdown Indicators


RITGXFHYTXDifference

Max Drawdown

Largest peak-to-trough decline

-21.20%

-34.98%

+13.78%

Max Drawdown (1Y)

Largest decline over 1 year

-3.38%

-3.17%

-0.21%

Max Drawdown (5Y)

Largest decline over 5 years

-13.75%

-17.04%

+3.29%

Max Drawdown (10Y)

Largest decline over 10 years

-21.20%

-24.18%

+2.98%

Current Drawdown

Current decline from peak

-2.41%

-2.76%

+0.35%

Average Drawdown

Average peak-to-trough decline

-2.25%

-4.54%

+2.29%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.79%

0.73%

+0.06%

Volatility

RITGX vs. FHYTX - Volatility Comparison

The current volatility for American Funds American High-Income Trust® Class R-6 (RITGX) is 1.16%, while Federated Hermes Opportunistic High Yield Bond Fund (FHYTX) has a volatility of 1.44%. This indicates that RITGX experiences smaller price fluctuations and is considered to be less risky than FHYTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


RITGXFHYTXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.16%

1.44%

-0.28%

Volatility (6M)

Calculated over the trailing 6-month period

2.31%

2.59%

-0.28%

Volatility (1Y)

Calculated over the trailing 1-year period

4.31%

4.30%

+0.01%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.99%

5.64%

-0.65%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.51%

7.27%

-1.76%