TIBAX vs. AMECX
Compare and contrast key facts about Thornburg Investment Income Builder Fund (TIBAX) and American Funds The Income Fund of America Class A (AMECX).
TIBAX is managed by Thornburg. It was launched on Dec 23, 2002. 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: TIBAX or AMECX.
Key characteristics
| TIBAX | AMECX | |
|---|---|---|
| YTD Return | 10.79% | 12.73% |
| 1Y Return | 18.68% | 20.53% |
| 3Y Return (Ann) | 7.40% | 5.18% |
| 5Y Return (Ann) | 8.02% | 7.45% |
| 10Y Return (Ann) | 6.69% | 6.86% |
| Sharpe Ratio | 2.39 | 3.00 |
| Sortino Ratio | 3.35 | 4.19 |
| Omega Ratio | 1.44 | 1.57 |
| Calmar Ratio | 4.10 | 3.44 |
| Martin Ratio | 15.34 | 20.24 |
| Ulcer Index | 1.30% | 1.11% |
| Daily Std Dev | 8.37% | 7.49% |
| Max Drawdown | -46.73% | -44.46% |
| Current Drawdown | -4.68% | -1.26% |
Correlation
The correlation between TIBAX and AMECX is 0.86, 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
TIBAX vs. AMECX - Performance Comparison
In the year-to-date period, TIBAX achieves a 10.79% return, which is significantly lower than AMECX's 12.73% return. Both investments have delivered pretty close results over the past 10 years, with TIBAX having a 6.69% annualized return and AMECX not far ahead at 6.86%. 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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TIBAX vs. AMECX - Expense Ratio Comparison
TIBAX has a 1.14% expense ratio, which is higher than AMECX's 0.56% expense ratio.
Risk-Adjusted Performance
TIBAX vs. AMECX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Thornburg Investment Income Builder Fund (TIBAX) 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
TIBAX vs. AMECX - Dividend Comparison
TIBAX's dividend yield for the trailing twelve months is around 4.42%, more than AMECX's 3.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TIBAX Thornburg Investment Income Builder Fund | 4.42% | 4.67% | 5.62% | 5.10% | 4.11% | 4.23% | 4.49% | 4.22% | 3.83% | 4.31% | 5.20% | 4.61% |
AMECX American Funds The Income Fund of America Class A | 3.31% | 3.66% | 3.38% | 2.86% | 3.19% | 3.20% | 3.35% | 2.82% | 3.09% | 3.26% | 3.64% | 3.17% |
Drawdowns
TIBAX vs. AMECX - Drawdown Comparison
The maximum TIBAX drawdown since its inception was -46.73%, which is greater than AMECX's maximum drawdown of -44.46%. Use the drawdown chart below to compare losses from any high point for TIBAX and AMECX. For additional features, visit the drawdowns tool.
Volatility
TIBAX vs. AMECX - Volatility Comparison
Thornburg Investment Income Builder Fund (TIBAX) and American Funds The Income Fund of America Class A (AMECX) have volatilities of 2.06% and 2.00%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.