TWCUX vs. BCHYX
Compare and contrast key facts about American Century Ultra Fund (TWCUX) and American Century California High Yield Municipal Fund (BCHYX).
TWCUX is managed by American Century. It was launched on Nov 2, 1981. BCHYX is managed by American Century. It was launched on Dec 29, 1986.
Performance
TWCUX vs. BCHYX - Performance Comparison
Loading graphics...
TWCUX vs. BCHYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TWCUX American Century Ultra Fund | -8.79% | 12.66% | 29.54% | 43.36% | -32.38% | 23.47% | 49.79% | 34.60% | 0.70% | 31.65% |
BCHYX American Century California High Yield Municipal Fund | -0.38% | 3.48% | 4.07% | 6.69% | -12.77% | 3.82% | 3.95% | 9.92% | 0.65% | 8.50% |
Returns By Period
In the year-to-date period, TWCUX achieves a -8.79% return, which is significantly lower than BCHYX's -0.38% return. Over the past 10 years, TWCUX has outperformed BCHYX with an annualized return of 16.15%, while BCHYX has yielded a comparatively lower 2.39% annualized return.
TWCUX
- 1D
- 3.99%
- 1M
- -5.42%
- YTD
- -8.79%
- 6M
- -7.90%
- 1Y
- 14.91%
- 3Y*
- 17.99%
- 5Y*
- 9.40%
- 10Y*
- 16.15%
BCHYX
- 1D
- 0.42%
- 1M
- -2.05%
- YTD
- -0.38%
- 6M
- 1.36%
- 1Y
- 3.49%
- 3Y*
- 3.71%
- 5Y*
- 0.66%
- 10Y*
- 2.39%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TWCUX vs. BCHYX - Expense Ratio Comparison
TWCUX has a 0.93% expense ratio, which is higher than BCHYX's 0.49% expense ratio.
Return for Risk
TWCUX vs. BCHYX — Risk / Return Rank
TWCUX
BCHYX
TWCUX vs. BCHYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century Ultra Fund (TWCUX) and American Century California High Yield Municipal Fund (BCHYX). 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.
| TWCUX | BCHYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.68 | 0.66 | +0.02 |
Sortino ratioReturn per unit of downside risk | 1.15 | 0.93 | +0.22 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.18 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.01 | 0.78 | +0.23 |
Martin ratioReturn relative to average drawdown | 3.53 | 2.32 | +1.21 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| TWCUX | BCHYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.68 | 0.66 | +0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.42 | 0.14 | +0.28 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.74 | 0.50 | +0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 1.19 | -0.67 |
Correlation
The correlation between TWCUX and BCHYX is -0.06. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
TWCUX vs. BCHYX - Dividend Comparison
TWCUX's dividend yield for the trailing twelve months is around 12.69%, more than BCHYX's 4.34% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TWCUX American Century Ultra Fund | 12.69% | 11.57% | 3.58% | 6.09% | 7.42% | 6.78% | 2.80% | 4.27% | 8.24% | 5.85% | 4.58% | 5.21% |
BCHYX American Century California High Yield Municipal Fund | 4.34% | 4.58% | 4.41% | 3.67% | 2.55% | 2.57% | 3.07% | 3.50% | 3.52% | 3.50% | 3.59% | 3.67% |
Drawdowns
TWCUX vs. BCHYX - Drawdown Comparison
The maximum TWCUX drawdown since its inception was -62.11%, which is greater than BCHYX's maximum drawdown of -18.35%. Use the drawdown chart below to compare losses from any high point for TWCUX and BCHYX.
Loading graphics...
Drawdown Indicators
| TWCUX | BCHYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.11% | -18.35% | -43.76% |
Max Drawdown (1Y)Largest decline over 1 year | -15.72% | -5.76% | -9.96% |
Max Drawdown (5Y)Largest decline over 5 years | -35.23% | -18.35% | -16.88% |
Max Drawdown (10Y)Largest decline over 10 years | -35.23% | -18.35% | -16.88% |
Current DrawdownCurrent decline from peak | -12.36% | -2.35% | -10.01% |
Average DrawdownAverage peak-to-trough decline | -16.86% | -2.39% | -14.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.49% | 1.93% | +2.56% |
Volatility
TWCUX vs. BCHYX - Volatility Comparison
American Century Ultra Fund (TWCUX) has a higher volatility of 7.21% compared to American Century California High Yield Municipal Fund (BCHYX) at 1.24%. This indicates that TWCUX's price experiences larger fluctuations and is considered to be riskier than BCHYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| TWCUX | BCHYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.21% | 1.24% | +5.97% |
Volatility (6M)Calculated over the trailing 6-month period | 13.26% | 1.97% | +11.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.37% | 5.98% | +17.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.59% | 4.83% | +17.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.03% | 4.79% | +17.24% |