TAIFX vs. CONWX

Last updated Jun 4, 2026

TAIFX (American Funds Tax-Aware Conservative Growth & Income Portfolio F1) and CONWX (Concorde Wealth Management Fund) are both Diversified Portfolio funds. Over the past 10 years, TAIFX returned 7.83%/yr vs 8.21%/yr for CONWX. A 0.78 correlation means they provide meaningful diversification when combined. TAIFX charges 0.70%/yr vs 1.41%/yr for CONWX.

Performance

TAIFX vs. CONWX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds Tax-Aware Conservative Growth & Income Portfolio F1 (TAIFX) and Concorde Wealth Management Fund (CONWX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TAIFX achieves a 6.51% return, which is significantly lower than CONWX's 6.98% return. Both investments have delivered pretty close results over the past 10 years, with TAIFX having a 7.83% annualized return and CONWX not far ahead at 8.21%.

TAIFX

• 1D: 0.34%
• 1M: 2.81%
• YTD: 6.51%
• 6M: 7.11%
• 1Y: 16.87%
• 3Y*: 12.77%
• 5Y*: 6.90%
• 10Y*: 7.83%

CONWX

• 1D: 0.29%
• 1M: -0.77%
• YTD: 6.98%
• 6M: 6.89%
• 1Y: 16.04%
• 3Y*: 12.21%
• 5Y*: 6.49%
• 10Y*: 8.21%

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

TAIFX vs. CONWX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TAIFX American Funds Tax-Aware Conservative Growth & Income Portfolio F1	6.51%	13.74%	9.96%	11.78%	-10.23%	12.35%	7.41%	15.90%	-2.19%	14.21%
CONWX Concorde Wealth Management Fund	6.98%	11.95%	13.58%	0.20%	-2.51%	19.73%	8.76%	16.84%	-1.95%	7.17%

Correlation

The correlation between TAIFX and CONWX is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (3Y) Calculated over the trailing 3-year period	0.63
Correlation (5Y) Calculated over the trailing 5-year period	0.73
Correlation (10Y) Calculated over the trailing 10-year period	0.77
Correlation (All Time) Calculated using the full available price history since Jan 6, 2016	0.78

Over the past year, the correlation between TAIFX and CONWX has dropped to 0.45 - well below their long-term average of 0.78, suggesting their price drivers have been diverging.

Return for Risk

TAIFX vs. CONWX — Risk / Return Rank

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

TAIFX

TAIFX Risk / Return Rank: 75
TAIFX Sharpe Ratio Rank: 84
TAIFX Sortino Ratio Rank: 82
TAIFX Omega Ratio Rank: 82
TAIFX Calmar Ratio Rank: 58
TAIFX Martin Ratio Rank: 70

CONWX

CONWX Risk / Return Rank: 71
CONWX Sharpe Ratio Rank: 66
CONWX Sortino Ratio Rank: 70
CONWX Omega Ratio Rank: 60
CONWX Calmar Ratio Rank: 89
CONWX Martin Ratio Rank: 68

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.

TAIFX vs. CONWX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds Tax-Aware Conservative Growth & Income Portfolio F1 (TAIFX) and Concorde Wealth Management Fund (CONWX). 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.

	TAIFX	CONWX	Difference
Sharpe ratio: Return per unit of total volatility	2.72	2.38	+0.34
Sortino ratio: Return per unit of downside risk	3.90	3.49	+0.40
Omega ratio: Gain probability vs. loss probability	1.55	1.43	+0.12
Calmar ratio: Return relative to maximum drawdown	2.95	4.50	-1.55
Martin ratio: Return relative to average drawdown	13.44	13.12	+0.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TAIFX vs. CONWX - Sharpe Ratio Comparison

The current TAIFX Sharpe Ratio is 2.72, which is comparable to the CONWX Sharpe Ratio of 2.38. The chart below compares the historical Sharpe Ratios of TAIFX and CONWX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TAIFX	CONWX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.72	2.38	+0.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.91	0.64	+0.27
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.96	0.74	+0.22
Sharpe Ratio (All Time) Calculated using the full available price history	1.06	0.76	+0.30

Drawdowns

TAIFX vs. CONWX - Drawdown Comparison

The maximum TAIFX drawdown since its inception was -21.43%, smaller than the maximum CONWX drawdown of -26.09%. Use the drawdown chart below to compare losses from any high point for TAIFX and CONWX.

Drawdown Indicators

	TAIFX	CONWX	Difference
Max Drawdown Largest peak-to-trough decline	-21.43%	-26.09%	+4.66%
Max Drawdown (1Y) Largest decline over 1 year	-5.85%	-3.68%	-2.17%
Max Drawdown (3Y) Largest decline over 3 years	-8.35%	-9.86%	+1.51%
Max Drawdown (5Y) Largest decline over 5 years	-16.79%	-12.49%	-4.30%
Max Drawdown (10Y) Largest decline over 10 years	-21.43%	-26.09%	+4.66%
Current Drawdown Current decline from peak	0.00%	-3.11%	+3.11%
Average Drawdown Average peak-to-trough decline	-2.20%	-2.78%	+0.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.28%	1.26%	+0.02%

Volatility

TAIFX vs. CONWX - Volatility Comparison

American Funds Tax-Aware Conservative Growth & Income Portfolio F1 (TAIFX) has a higher volatility of 1.96% compared to Concorde Wealth Management Fund (CONWX) at 1.42%. This indicates that TAIFX's price experiences larger fluctuations and is considered to be riskier than CONWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TAIFX	CONWX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.96%	1.42%	+0.54%
Volatility (6M) Calculated over the trailing 6-month period	5.26%	5.13%	+0.13%
Volatility (1Y) Calculated over the trailing 1-year period	6.33%	6.96%	-0.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.59%	10.19%	-2.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.16%	11.10%	-2.94%

TAIFX vs. CONWX - Expense Ratio Comparison

TAIFX has a 0.70% expense ratio, which is lower than CONWX's 1.41% expense ratio.

Dividends

TAIFX vs. CONWX - Dividend Comparison

TAIFX's dividend yield for the trailing twelve months is around 5.09%, more than CONWX's 3.45% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CONWX Concorde Wealth Management Fund	3.45%	3.69%	10.55%	2.16%	7.85%	3.63%	3.86%	2.16%	5.09%	2.48%	0.00%	0.00%
TAIFX American Funds Tax-Aware Conservative Growth & Income Portfolio F1	5.09%	5.50%	5.11%	4.25%	4.32%	2.40%	2.60%	3.72%	4.52%	4.08%	3.57%	3.41%

Frequently Asked Questions

Can I hold both TAIFX and CONWX in my portfolio?

TAIFX and CONWX have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TAIFX or CONWX?

TAIFX has higher volatility (1.96%) compared to CONWX (1.42%). In terms of maximum drawdown, TAIFX dropped -21.43% vs CONWX's -26.09%.

Which has better risk-adjusted returns?

TAIFX currently has the higher Sharpe Ratio (2.72 vs 2.38), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.