RITGX vs. SPHY
Compare and contrast key facts about American Funds American High-Income Trust® Class R-6 (RITGX) and SPDR Portfolio High Yield Bond ETF (SPHY).
RITGX is managed by American Funds. It was launched on Aug 4, 2008. SPHY is a passively managed fund by State Street that tracks the performance of the ICE BofAML US High Yield Index. It was launched on Jun 18, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RITGX or SPHY.
Correlation
The correlation between RITGX and SPHY is 0.45, 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.
Performance
RITGX vs. SPHY - Performance Comparison
Key characteristics
RITGX:
2.04
SPHY:
1.41
RITGX:
2.89
SPHY:
2.01
RITGX:
1.45
SPHY:
1.30
RITGX:
2.12
SPHY:
1.56
RITGX:
9.23
SPHY:
8.25
RITGX:
0.90%
SPHY:
0.92%
RITGX:
4.07%
SPHY:
5.53%
RITGX:
-21.20%
SPHY:
-21.97%
RITGX:
-0.81%
SPHY:
-1.00%
Returns By Period
The year-to-date returns for both stocks are quite close, with RITGX having a 1.25% return and SPHY slightly lower at 1.21%. Over the past 10 years, RITGX has outperformed SPHY with an annualized return of 5.19%, while SPHY has yielded a comparatively lower 4.55% annualized return.
RITGX
1.25%
3.24%
1.78%
7.97%
8.16%
5.19%
SPHY
1.21%
4.05%
1.09%
7.78%
6.58%
4.55%
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RITGX vs. SPHY - Expense Ratio Comparison
RITGX has a 0.32% expense ratio, which is higher than SPHY's 0.10% expense ratio.
Risk-Adjusted Performance
RITGX vs. SPHY — Risk-Adjusted Performance Rank
RITGX
SPHY
RITGX vs. SPHY - 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 SPDR Portfolio High Yield Bond ETF (SPHY). 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.
Dividends
RITGX vs. SPHY - Dividend Comparison
RITGX's dividend yield for the trailing twelve months is around 6.76%, less than SPHY's 7.78% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RITGX American Funds American High-Income Trust® Class R-6 | 6.76% | 6.65% | 6.80% | 5.95% | 4.66% | 6.18% | 6.57% | 6.69% | 5.81% | 5.95% | 7.28% | 6.70% |
SPHY SPDR Portfolio High Yield Bond ETF | 7.78% | 7.80% | 7.30% | 6.47% | 5.14% | 5.63% | 5.73% | 4.09% | 4.41% | 4.27% | 4.29% | 3.98% |
Drawdowns
RITGX vs. SPHY - Drawdown Comparison
The maximum RITGX drawdown since its inception was -21.20%, roughly equal to the maximum SPHY drawdown of -21.97%. Use the drawdown chart below to compare losses from any high point for RITGX and SPHY. For additional features, visit the drawdowns tool.
Volatility
RITGX vs. SPHY - Volatility Comparison
The current volatility for American Funds American High-Income Trust® Class R-6 (RITGX) is 1.24%, while SPDR Portfolio High Yield Bond ETF (SPHY) has a volatility of 3.42%. This indicates that RITGX experiences smaller price fluctuations and is considered to be less risky than SPHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.