SMMD vs. AMECX
Compare and contrast key facts about iShares Russell 2500 ETF (SMMD) and American Funds The Income Fund of America Class A (AMECX).
SMMD is a passively managed fund by iShares that tracks the performance of the Russell 2500 Index. It was launched on Jul 6, 2017. AMECX is managed by American Funds. It was launched on Dec 1, 1973.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SMMD or AMECX.
Key characteristics
| SMMD | AMECX | |
|---|---|---|
| YTD Return | 18.26% | 14.04% |
| 1Y Return | 40.49% | 24.50% |
| 3Y Return (Ann) | 2.57% | 5.54% |
| 5Y Return (Ann) | 10.94% | 7.79% |
| Sharpe Ratio | 2.13 | 3.19 |
| Sortino Ratio | 3.00 | 4.47 |
| Omega Ratio | 1.37 | 1.61 |
| Calmar Ratio | 1.64 | 2.81 |
| Martin Ratio | 11.96 | 21.57 |
| Ulcer Index | 3.23% | 1.10% |
| Daily Std Dev | 18.10% | 7.47% |
| Max Drawdown | -41.06% | -44.46% |
| Current Drawdown | 0.00% | -0.11% |
Correlation
The correlation between SMMD and AMECX 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.
Performance
SMMD vs. AMECX - Performance Comparison
In the year-to-date period, SMMD achieves a 18.26% return, which is significantly higher than AMECX's 14.04% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SMMD vs. AMECX - Expense Ratio Comparison
SMMD has a 0.15% expense ratio, which is lower than AMECX's 0.56% expense ratio.
Risk-Adjusted Performance
SMMD vs. AMECX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell 2500 ETF (SMMD) and American Funds The Income Fund of America Class A (AMECX). 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
SMMD vs. AMECX - Dividend Comparison
SMMD's dividend yield for the trailing twelve months is around 1.16%, less than AMECX's 3.27% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMMD iShares Russell 2500 ETF | 1.16% | 1.44% | 1.79% | 1.12% | 1.31% | 1.50% | 2.45% | 0.68% | 0.00% | 0.00% | 0.00% | 0.00% |
AMECX American Funds The Income Fund of America Class A | 3.27% | 3.66% | 3.38% | 2.86% | 3.19% | 3.20% | 3.35% | 2.82% | 3.09% | 3.26% | 3.64% | 3.17% |
Drawdowns
SMMD vs. AMECX - Drawdown Comparison
The maximum SMMD drawdown since its inception was -41.06%, smaller than the maximum AMECX drawdown of -44.46%. Use the drawdown chart below to compare losses from any high point for SMMD and AMECX. For additional features, visit the drawdowns tool.
Volatility
SMMD vs. AMECX - Volatility Comparison
iShares Russell 2500 ETF (SMMD) has a higher volatility of 5.73% compared to American Funds The Income Fund of America Class A (AMECX) at 1.90%. This indicates that SMMD's price experiences larger fluctuations and is considered to be riskier than AMECX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.