TWEIX vs. VTIVX
Compare and contrast key facts about American Century Equity Income Fund (TWEIX) and Vanguard Target Retirement 2045 Fund (VTIVX).
TWEIX is managed by American Century Investments. It was launched on Aug 1, 1994. VTIVX is managed by Vanguard. It was launched on Oct 27, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TWEIX or VTIVX.
Key characteristics
| TWEIX | VTIVX | |
|---|---|---|
| YTD Return | 14.90% | 15.38% |
| 1Y Return | 14.29% | 23.24% |
| 3Y Return (Ann) | -0.15% | 4.24% |
| 5Y Return (Ann) | 2.55% | 9.78% |
| 10Y Return (Ann) | 2.43% | 8.74% |
| Sharpe Ratio | 1.70 | 2.57 |
| Sortino Ratio | 2.14 | 3.59 |
| Omega Ratio | 1.35 | 1.48 |
| Calmar Ratio | 1.06 | 3.09 |
| Martin Ratio | 6.57 | 17.09 |
| Ulcer Index | 2.40% | 1.51% |
| Daily Std Dev | 9.29% | 10.08% |
| Max Drawdown | -44.31% | -51.69% |
| Current Drawdown | -0.82% | -1.09% |
Correlation
The correlation between TWEIX and VTIVX is 0.88, 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
TWEIX vs. VTIVX - Performance Comparison
The year-to-date returns for both investments are quite close, with TWEIX having a 14.90% return and VTIVX slightly higher at 15.38%. Over the past 10 years, TWEIX has underperformed VTIVX with an annualized return of 2.43%, while VTIVX has yielded a comparatively higher 8.74% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TWEIX vs. VTIVX - Expense Ratio Comparison
TWEIX has a 0.94% expense ratio, which is higher than VTIVX's 0.08% expense ratio.
Risk-Adjusted Performance
TWEIX vs. VTIVX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century Equity Income Fund (TWEIX) and Vanguard Target Retirement 2045 Fund (VTIVX). 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
TWEIX vs. VTIVX - Dividend Comparison
TWEIX's dividend yield for the trailing twelve months is around 2.31%, more than VTIVX's 1.98% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TWEIX American Century Equity Income Fund | 2.31% | 2.54% | 2.31% | 1.86% | 2.00% | 2.26% | 2.84% | 1.86% | 1.96% | 2.55% | 2.49% | 2.39% |
VTIVX Vanguard Target Retirement 2045 Fund | 1.98% | 2.28% | 2.13% | 2.22% | 1.60% | 2.23% | 2.39% | 1.90% | 1.99% | 2.17% | 2.05% | 1.88% |
Drawdowns
TWEIX vs. VTIVX - Drawdown Comparison
The maximum TWEIX drawdown since its inception was -44.31%, smaller than the maximum VTIVX drawdown of -51.69%. Use the drawdown chart below to compare losses from any high point for TWEIX and VTIVX. For additional features, visit the drawdowns tool.
Volatility
TWEIX vs. VTIVX - Volatility Comparison
The current volatility for American Century Equity Income Fund (TWEIX) is 2.44%, while Vanguard Target Retirement 2045 Fund (VTIVX) has a volatility of 2.67%. This indicates that TWEIX experiences smaller price fluctuations and is considered to be less risky than VTIVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.