SOPAX vs. AMCPX

Last updated Apr 1, 2026

Compare and contrast key facts about ClearBridge Dividend Strategy Fund (SOPAX) and American Funds AMCAP Fund Class A (AMCPX).

SOPAX is managed by Franklin Templeton. It was launched on Nov 6, 1992. AMCPX is managed by American Funds. It was launched on Jan 5, 1967.

Performance

SOPAX vs. AMCPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ClearBridge Dividend Strategy Fund (SOPAX) and American Funds AMCAP Fund Class A (AMCPX). The values are adjusted to include any dividend payments, if applicable.

SOPAX vs. AMCPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SOPAX ClearBridge Dividend Strategy Fund	-1.64%	12.27%	16.77%	14.13%	-8.41%	26.36%	7.62%	30.97%	-5.18%	18.58%
AMCPX American Funds AMCAP Fund Class A	-11.82%	17.68%	21.11%	31.04%	-28.67%	20.57%	21.42%	26.35%	-4.42%	22.08%

Returns By Period

In the year-to-date period, SOPAX achieves a -1.64% return, which is significantly higher than AMCPX's -11.82% return. Over the past 10 years, SOPAX has outperformed AMCPX with an annualized return of 11.37%, while AMCPX has yielded a comparatively lower 10.59% annualized return.

SOPAX

• 1D: 0.49%
• 1M: -7.32%
• YTD: -1.64%
• 6M: -0.65%
• 1Y: 9.19%
• 3Y*: 13.27%
• 5Y*: 10.13%
• 10Y*: 11.37%

AMCPX

• 1D: -0.37%
• 1M: -10.12%
• YTD: -11.82%
• 6M: -9.34%
• 1Y: 11.06%
• 3Y*: 14.39%
• 5Y*: 6.22%
• 10Y*: 10.59%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SOPAX vs. AMCPX - Expense Ratio Comparison

SOPAX has a 1.02% expense ratio, which is higher than AMCPX's 0.65% expense ratio.

SOPAX

ClearBridge Dividend Strategy Fund

AMCPX

American Funds AMCAP Fund Class A

Return for Risk

SOPAX vs. AMCPX — Risk / Return Rank

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

SOPAX

SOPAX Risk / Return Rank: 34
SOPAX Sharpe Ratio Rank: 34
SOPAX Sortino Ratio Rank: 33
SOPAX Omega Ratio Rank: 35
SOPAX Calmar Ratio Rank: 32
SOPAX Martin Ratio Rank: 37

AMCPX

AMCPX Risk / Return Rank: 23
AMCPX Sharpe Ratio Rank: 23
AMCPX Sortino Ratio Rank: 25
AMCPX Omega Ratio Rank: 25
AMCPX Calmar Ratio Rank: 20
AMCPX Martin Ratio Rank: 23

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.

SOPAX vs. AMCPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ClearBridge Dividend Strategy Fund (SOPAX) and American Funds AMCAP Fund Class A (AMCPX). 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.

	SOPAX	AMCPX	Difference
Sharpe ratio Return per unit of total volatility	0.74	0.56	+0.18
Sortino ratio Return per unit of downside risk	1.11	0.94	+0.17
Omega ratio Gain probability vs. loss probability	1.17	1.13	+0.03
Calmar ratio Return relative to maximum drawdown	0.89	0.59	+0.30
Martin ratio Return relative to average drawdown	3.89	2.42	+1.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SOPAX vs. AMCPX - Sharpe Ratio Comparison

The current SOPAX Sharpe Ratio is 0.74, which is higher than the AMCPX Sharpe Ratio of 0.56. The chart below compares the historical Sharpe Ratios of SOPAX and AMCPX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SOPAX	AMCPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.74	0.56	+0.18
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.72	0.33	+0.39
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.70	0.57	+0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.94	0.57	+0.37

Correlation

The correlation between SOPAX and AMCPX is 0.83, 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

SOPAX vs. AMCPX - Dividend Comparison

SOPAX's dividend yield for the trailing twelve months is around 13.58%, more than AMCPX's 9.90% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SOPAX ClearBridge Dividend Strategy Fund	13.58%	13.65%	9.54%	9.20%	5.68%	9.93%	1.76%	7.32%	6.56%	6.75%	3.03%	1.53%
AMCPX American Funds AMCAP Fund Class A	9.90%	8.73%	8.19%	3.26%	7.54%	3.43%	3.88%	4.90%	7.84%	5.37%	3.81%	8.86%

Drawdowns

SOPAX vs. AMCPX - Drawdown Comparison

The maximum SOPAX drawdown since its inception was -46.78%, smaller than the maximum AMCPX drawdown of -62.37%. Use the drawdown chart below to compare losses from any high point for SOPAX and AMCPX.

Drawdown Indicators

	SOPAX	AMCPX	Difference
Max Drawdown Largest peak-to-trough decline	-46.78%	-62.37%	+15.59%
Max Drawdown (1Y) Largest decline over 1 year	-9.94%	-14.18%	+4.24%
Max Drawdown (5Y) Largest decline over 5 years	-19.31%	-36.90%	+17.59%
Max Drawdown (10Y) Largest decline over 10 years	-34.72%	-36.90%	+2.18%
Current Drawdown Current decline from peak	-7.59%	-14.18%	+6.59%
Average Drawdown Average peak-to-trough decline	-4.90%	-9.60%	+4.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.27%	3.47%	-1.20%

Volatility

SOPAX vs. AMCPX - Volatility Comparison

The current volatility for ClearBridge Dividend Strategy Fund (SOPAX) is 3.21%, while American Funds AMCAP Fund Class A (AMCPX) has a volatility of 5.26%. This indicates that SOPAX experiences smaller price fluctuations and is considered to be less risky than AMCPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SOPAX	AMCPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.21%	5.26%	-2.05%
Volatility (6M) Calculated over the trailing 6-month period	6.90%	11.06%	-4.16%
Volatility (1Y) Calculated over the trailing 1-year period	13.51%	19.60%	-6.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.23%	19.12%	-4.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.35%	18.63%	-2.28%