ABALX Alternatives & Similar Mutual Funds

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 215 mutual funds in the Diversified Portfolio category with lower expense ratios, going as low as 0.02%.

Symbol	Name	Expense Ratio	AUM	Inception
FRGAX	Fidelity 70% Allocation Fund	0.02%	—	Jan 2022	ABALX vs FRGAX
PALDX	PGIM 60/40 Allocation Fund	0.03%	—	Sep 2017	ABALX vs PALDX
TSAIX	TIAA-CREF Lifestyle Aggressive Growth Fund	0.04%	—	Dec 2011	ABALX vs TSAIX
BWBIX	Baron WealthBuilder Fund	0.05%	—	Dec 2017	ABALX vs BWBIX
VTMFX	Vanguard Tax-Managed Balanced Fund Admiral Shares	0.05%	12.30B	Sep 1994	ABALX vs VTMFX

Best Risk-Adjusted Alternatives to ABALX

ABALX has a PortfoliosLab risk / return rank of 82. There are 46 mutual funds in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 99.

Symbol	Name	Risk / Return Rank	AUM	Inception
STDAX	SEI Asset Allocation Trust Defensive Strategy Allo...	99	—	Nov 2003	ABALX vs STDAX
TIBIX	Thornburg Investment Income Builder Fund Class I	98	—	Dec 2002	ABALX vs TIBIX
NWQIX	Nuveen Flexible Income Fund	97	—	Dec 2009	ABALX vs NWQIX
EKBAX	Allspring Diversified Capital Builder Fund	95	—	Jan 1998	ABALX vs EKBAX
AYBLX	Pioneer Balanced ESG Fund	95	—	Dec 1991	ABALX vs AYBLX

Top Performing ABALX Alternatives (YTD)

ABALX is at 9.39% YTD. There are 125 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 38.34%.

Symbol	Name	YTD Return	AUM	Inception
EKBAX	Allspring Diversified Capital Builder Fund	38.34%	—	Jan 1998	ABALX vs EKBAX
GRSPX	Greenspring Fund	21.91%	—	Jun 1983	ABALX vs GRSPX
MHELX	MH Elite Small Cap Fund of Funds Fund	20.27%	—	Aug 1998	ABALX vs MHELX
TIBIX	Thornburg Investment Income Builder Fund Class I	17.52%	—	Dec 2002	ABALX vs TIBIX
SMIFX	Sound Mind Investing Fund	15.84%	—	Dec 2005	ABALX vs SMIFX

Lowest Volatility Alternatives to ABALX

ABALX has 9.21% 1-year volatility. There are 339 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.85%.

Symbol	Name	Volatility 1Y	AUM	Inception
STDAX	SEI Asset Allocation Trust Defensive Strategy Allo...	0.85%	—	Nov 2003	ABALX vs STDAX
SCLAX	SEI Institutional Managed Trust Multi-Asset Capita...	2.83%	—	Apr 2012	ABALX vs SCLAX
SICIX	SEI Asset Allocation Trust Conservative Strategy F...	2.86%	—	Nov 2003	ABALX vs SICIX
AVEFX	Ave Maria Bond Fund	2.99%	—	Apr 2003	ABALX vs AVEFX
CSTAX	American Funds College 2027 Fund	3.14%	—	Sep 2012	ABALX vs CSTAX

Lowest Drawdown Alternatives to ABALX

ABALX has a 1-year max drawdown of -7.03%. There are 349 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
STDAX	SEI Asset Allocation Trust Defensive Strategy Allo...	-0.36%	—	Nov 2003	ABALX vs STDAX
SCLAX	SEI Institutional Managed Trust Multi-Asset Capita...	-2.32%	—	Apr 2012	ABALX vs SCLAX
DGTSX	DFA Global Allocation 25/75 Portfolio	-2.64%	—	Dec 2003	ABALX vs DGTSX
SICIX	SEI Asset Allocation Trust Conservative Strategy F...	-2.65%	—	Nov 2003	ABALX vs SICIX
FSRKX	Fidelity Strategic Real Return Fund Class K6	-2.68%	—	Sep 2005	ABALX vs FSRKX

Other Mutual Funds from American Funds

The 10 most viewed American Funds mutual funds shown here include AIVSX, AWSHX, RGAGX and span 8 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	45	8.86%	—	Jan 1934	ABALX vs AIVSX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	38	5.48%	—	Jul 1952	ABALX vs AWSHX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	30	8.89%	—	Dec 1973	ABALX vs RGAGX
RERGX	American Funds EUPAC Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities, Actively Managed	48	13.57%	—	May 2009	ABALX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities, Actively Managed	68	14.25%	—	Aug 1978	ABALX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Global Equities, Large Cap Growth Equities, Actively Managed	28	6.46%	—	Mar 1973	ABALX vs ANWPX
GFFFX	American Funds The Growth Fund of America Class F-...	Large Cap Growth Equities	30	8.83%	—	Dec 1973	ABALX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend	48	5.72%	—	Dec 1973	ABALX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	21	4.20%	—	Jan 1967	ABALX vs AMCPX
ABNFX	American Funds The Bond Fund of America® Class F-2	Intermediate Core Bond	16	-0.25%	—	Aug 2008	ABALX vs ABNFX

Often Compared With ABALX

Investors most often compare ABALX with FBALX, CGBL, AGTHX. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FBALX	Fidelity Balanced Fund	Diversified Portfolio	85	9.80%	—	Nov 1986	ABALX vs FBALX
CGBL	Capital Group Core Balanced ETF	Allocation--50% to 70% Equity, Diversified Portfolio	50	6.51%	6.93B	Sep 2023	ABALX vs CGBL
AGTHX	American Funds The Growth Fund of America Class A	Large Cap Growth Equities	29	8.72%	—	Dec 1973	ABALX vs AGTHX
VOO	Vanguard S&P 500 ETF	S&P 500	59	8.19%	1.70T	Sep 2010	ABALX vs VOO
SPY	State Street SPDR S&P 500 ETF	S&P 500	59	8.15%	765.27B	Jan 1993	ABALX vs SPY
SVBAX	John Hancock Balanced Fund	Diversified Portfolio	88	10.21%	—	Oct 1992	ABALX vs SVBAX
VSMGX	Vanguard LifeStrategy 60/40 Fund	Allocation--50% to 70% Equity, Diversified Portfolio	67	7.75%	24.50B	Sep 1994	ABALX vs VSMGX
AOM	iShares Core Moderate Allocation ETF	Diversified Portfolio	59	4.39%	1.80B	Nov 2008	ABALX vs AOM
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	77	17.72%	99.95B	Oct 2011	ABALX vs SCHD
AEPGX	American Funds EuroPacific Growth Fund Class A	Foreign Large Cap Equities	47	13.40%	—	Apr 1984	ABALX vs AEPGX
AFMFX	American Funds American Mutual Fund Class F-3	Large Cap Value Equities	43	6.84%	—	Feb 1950	ABALX vs AFMFX
NBARX	American Funds Retirement Income Portfolio - Moder...	Diversified Portfolio	54	4.99%	—	Aug 2015	ABALX vs NBARX
CBALX	Columbia Balanced Fund	Diversified Portfolio	51	5.48%	—	Sep 1991	ABALX vs CBALX
JDBAX	Janus Henderson Balanced Fund Class A	Diversified Portfolio	31	3.40%	—	Sep 1992	ABALX vs JDBAX
INPAX	American Funds Conservative Growth and Income Port...	Diversified Portfolio	48	4.09%	—	May 2012	ABALX vs INPAX
VEMAX	Vanguard Emerging Markets Stock Index Fund Admiral...	Emerging Markets Equities	58	13.77%	162.80B	Jun 2006	ABALX vs VEMAX
VASGX	Vanguard LifeStrategy Growth Fund	Diversified Portfolio	70	10.19%	27.10B	Sep 1994	ABALX vs VASGX
AABTX	American Funds 2015 Target Date Retirement Fund	Target Retirement Date	58	3.89%	—	Jan 2007	ABALX vs AABTX
AALTX	American Funds 2050 Target Date Retirement Fund	Target Retirement Date	54	10.19%	—	Jan 2007	ABALX vs AALTX
FINFX	American Funds Fundamental Investors® Class F-2	Large Cap Blend Equities, Dividend	69	14.35%	—	Aug 1978	ABALX vs FINFX

Compare ABALX with Any Fund or Stock

Compare ABALX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

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

American Funds American Balanced Fund Class A (ABALX) Alternatives