TWCUX vs. TWHIX
TWCUX (American Century Ultra Fund) and TWHIX (American Century Heritage Fund) are both mutual funds - TWCUX is a Large Cap Growth Equities fund managed by American Century, while TWHIX is a Mid Cap Growth Equities fund managed by American Century. Over the past 10 years, TWCUX returned 17.84%/yr vs 12.16%/yr for TWHIX. Their correlation of 0.85 suggests significant overlap in exposure. TWCUX charges 0.93%/yr vs 1.00%/yr for TWHIX.
Performance
TWCUX vs. TWHIX - Performance Comparison
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Returns By Period
In the year-to-date period, TWCUX achieves a 1.69% return, which is significantly lower than TWHIX's 4.04% return. Over the past 10 years, TWCUX has outperformed TWHIX with an annualized return of 17.84%, while TWHIX has yielded a comparatively lower 12.16% annualized return.
TWCUX
- 1D
- -2.03%
- 1M
- -5.13%
- YTD
- 1.69%
- 6M
- 0.14%
- 1Y
- 14.38%
- 3Y*
- 18.16%
- 5Y*
- 9.78%
- 10Y*
- 17.84%
TWHIX
- 1D
- -1.37%
- 1M
- 1.74%
- YTD
- 4.04%
- 6M
- 1.74%
- 1Y
- 2.08%
- 3Y*
- 14.42%
- 5Y*
- 4.31%
- 10Y*
- 12.16%
TWCUX vs. TWHIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TWCUX American Century Ultra Fund | 1.69% | 12.66% | 29.54% | 43.36% | -32.38% | 23.47% | 49.79% | 34.60% | 0.70% | 31.65% |
TWHIX American Century Heritage Fund | 4.04% | 6.53% | 24.66% | 20.64% | -28.13% | 11.52% | 42.61% | 35.50% | -5.08% | 21.83% |
Correlation
The correlation between TWCUX and TWHIX is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.76 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.79 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.86 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.87 |
Correlation (All Time) Calculated using the full available price history since Nov 10, 1987 | 0.85 |
The correlation between TWCUX and TWHIX shifts across timeframes, from 0.76 (1 year) to 0.87 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
TWCUX vs. TWHIX — Risk / Return Rank
TWCUX
TWHIX
TWCUX vs. TWHIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century Ultra Fund (TWCUX) and American Century Heritage Fund (TWHIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TWCUX | TWHIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.71 | ||
| Sortino ratioReturn per unit of downside risk | +0.91 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.05 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.02 | 0.25 | +0.78 |
| Martin ratioReturn relative to average drawdown | 3.46 | 0.71 | +2.75 |
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Drawdowns
TWCUX vs. TWHIX - Drawdown Comparison
The maximum TWCUX drawdown since its inception was -62.11%, which is greater than TWHIX's maximum drawdown of -56.98%. Use the drawdown chart below to compare losses from any high point for TWCUX and TWHIX.
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Drawdown Indicators
| TWCUX | TWHIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.11% | -56.98% | -5.13% |
Max Drawdown (1Y)Largest decline over 1 year | -15.72% | -15.82% | +0.10% |
Max Drawdown (3Y)Largest decline over 3 years | -24.86% | -26.30% | +1.44% |
Max Drawdown (5Y)Largest decline over 5 years | -35.23% | -40.34% | +5.11% |
Max Drawdown (10Y)Largest decline over 10 years | -35.23% | -40.34% | +5.11% |
Current DrawdownCurrent decline from peak | -7.64% | -2.74% | -4.90% |
Average DrawdownAverage peak-to-trough decline | -16.79% | -12.23% | -4.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.64% | 5.47% | -0.83% |
Volatility
TWCUX vs. TWHIX - Volatility Comparison
American Century Ultra Fund (TWCUX) and American Century Heritage Fund (TWHIX) have volatilities of 6.78% and 6.63%, 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.
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Volatility by Period
| TWCUX | TWHIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.78% | 6.63% | +0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 13.60% | 14.53% | -0.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.37% | 18.13% | -0.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.71% | 23.36% | -0.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.13% | 22.85% | -0.72% |
TWCUX vs. TWHIX - Expense Ratio Comparison
TWCUX has a 0.93% expense ratio, which is lower than TWHIX's 1.00% expense ratio.
Dividends
TWCUX vs. TWHIX - Dividend Comparison
TWCUX's dividend yield for the trailing twelve months is around 11.38%, less than TWHIX's 21.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TWCUX American Century Ultra Fund | 11.38% | 11.57% | 3.58% | 6.09% | 7.42% | 6.78% | 2.80% | 4.27% | 8.24% | 5.85% | 4.58% | 5.21% |
TWHIX American Century Heritage Fund | 21.28% | 22.14% | 15.58% | 0.78% | 0.98% | 12.00% | 13.72% | 11.32% | 25.33% | 9.38% | 8.71% | 0.00% |
Frequently Asked Questions
TWCUX and TWHIX have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TWCUX has higher volatility (6.78%) compared to TWHIX (6.63%). In terms of maximum drawdown, TWCUX dropped -62.11% vs TWHIX's -56.98%.
TWCUX currently has the higher Sharpe Ratio (0.93 vs 0.22), 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.
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