American Funds American Balanced Fund Class A (ABALX) belongs to the Diversified Portfolio category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with ABALX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ABALX
ABALX charges 0.56% annually. There are 212 mutual funds in the Diversified Portfolio category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | — | Jan 2022 | ABALX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | ABALX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | ABALX vs TSAIX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | ABALX vs BWBIX | |
| Fidelity Sustainable Multi-Asset Fund | 0.05% | — | Feb 2022 | ABALX vs FYMIX |
Best Risk-Adjusted Alternatives to ABALX
ABALX has a PortfoliosLab risk / return rank of 85. There are 51 mutual funds in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | — | Nov 2003 | ABALX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | ABALX vs TIBIX | |
| Allspring Diversified Capital Builder Fund | 97 | — | Jan 1998 | ABALX vs EKBAX | |
| Nuveen Flexible Income Fund | 97 | — | Dec 2009 | ABALX vs NWQIX | |
| Fidelity Strategic Real Return Fund Class K6 | 96 | — | Sep 2005 | ABALX vs FSRKX |
Top Performing ABALX Alternatives (YTD)
ABALX is at 9.98% YTD. There are 125 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 36.56%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 36.56% | — | Jan 1998 | ABALX vs EKBAX | |
| Greenspring Fund | 21.59% | — | Jun 1983 | ABALX vs GRSPX | |
| Thornburg Investment Income Builder Fund Class I | 17.96% | — | Dec 2002 | ABALX vs TIBIX | |
| MH Elite Small Cap Fund of Funds Fund | 17.65% | — | Aug 1998 | ABALX vs MHELX | |
| Disciplined Growth Investors Fund | 17.45% | — | Aug 2011 | ABALX vs DGIFX |
Lowest Volatility Alternatives to ABALX
ABALX has 8.71% 1-year volatility. There are 339 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.86% | — | Nov 2003 | ABALX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.63% | — | Apr 2012 | ABALX vs SCLAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.80% | — | Nov 2003 | ABALX vs SICIX | |
| Ave Maria Bond Fund | 2.93% | — | Apr 2003 | ABALX vs AVEFX | |
| American Funds College 2027 Fund | 3.03% | — | Sep 2012 | ABALX vs CSTAX |
Lowest Drawdown Alternatives to ABALX
ABALX has a 1-year max drawdown of -7.03%. There are 348 mutual funds in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.36% | — | Nov 2003 | ABALX vs STDAX | |
| Fidelity Strategic Real Return Fund Class K6 | -1.93% | — | Sep 2005 | ABALX vs FSRKX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | -1.94% | — | Oct 2018 | ABALX vs FIQDX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | -1.99% | — | Sep 2005 | ABALX vs FCSRX | |
| Fidelity Strategic Real Return Fund | -2.05% | — | Sep 2005 | ABALX vs FSRRX |
Other Mutual Funds from American Funds
The 10 most viewed American Funds mutual funds shown here include AIVSX, RGAGX, AWSHX and span 7 categories.
Often Compared With ABALX
Investors most often compare ABALX with FBALX, CGBL, VOO. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare ABALX with Any Fund or Stock
Compare ABALX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ABALX with funds that move differently
American Funds American Balanced Fund Class A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ABALX.
Explore ABALX Diversifiers