Asset Comparison and Correlation
|S&P 500 vs American Funds American Hi Inc|
Assuming 30 trading days horizon, S&P 500 is expected to generate 4.58 times more return on investment than American. However, SP 500 is 4.58 times more volatile than American Funds American Hi Inc Tr 529F1. It trades about 0.6 of its potential returns per unit of risk. American Funds American Hi Inc Tr 529F1 is currently generating about 0.5 per unit of risk. If you would invest 156,250 in S&P 500 on April 19, 2013 and sell it today you would earn a total of 10,497 from holding S&P 500 or generate 6.72% return on investment over 30 days.
Match ups for SP 500
72% of all equities and portfolios perform better than American Funds American Hi Inc Tr 529F1. Compared with the overall equity markets, risk-adjusted returns on investments in American Funds American Hi Inc Tr 529F1 are ranked lower than 28 (%) of all global equities and portfolios over the last 30 days.
Match ups for American