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 | |
|---|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | — | Jan 2022 | ABALX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | ABALX vs PALDX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 63.70B | Dec 2000 | ABALX vs VBAIX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | ABALX vs TSAIX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | ABALX vs BWBIX |
Best Risk-Adjusted Alternatives to ABALX
ABALX has a PortfoliosLab risk / return rank of 78. There are 87 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 | |
| Davis Appreciation & Income Fund | 96 | — | Apr 1992 | ABALX vs RPFCX | |
| Nuveen Flexible Income Fund | 96 | — | Dec 2009 | ABALX vs NWQIX | |
| Fidelity Strategic Real Return Fund | 95 | — | Sep 2005 | ABALX vs FSRRX |
Top Performing ABALX Alternatives (YTD)
ABALX is at 8.43% YTD. There are 149 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 29.72%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 29.72% | — | Jan 1998 | ABALX vs EKBAX | |
| Thornburg Investment Income Builder Fund Class I | 19.05% | — | Dec 2002 | ABALX vs TIBIX | |
| ICON Equity Income Fund | 18.94% | — | May 2004 | ABALX vs IOEZX | |
| Greenspring Fund | 17.70% | — | Jun 1983 | ABALX vs GRSPX | |
| MH Elite Small Cap Fund of Funds Fund | 17.05% | — | Aug 1998 | ABALX vs MHELX |
Lowest Volatility Alternatives to ABALX
ABALX has 9.42% 1-year volatility. There are 337 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 Asset Allocation Trust Conservative Strategy F... | 2.80% | — | Nov 2003 | ABALX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.91% | — | Apr 2012 | ABALX vs SCLAX | |
| Ave Maria Bond Fund | 3.05% | — | Apr 2003 | ABALX vs AVEFX | |
| American Funds College 2027 Fund | 3.11% | — | Sep 2012 | ABALX vs CSTAX |
Lowest Drawdown Alternatives to ABALX
ABALX has a 1-year max drawdown of -7.03%. There are 347 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 | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | ABALX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | ABALX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | ABALX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | ABALX vs CSTAX |
Other Mutual Funds from American Funds
The 10 most viewed American Funds mutual funds shown here include AIVSX, AWSHX, RGAGX 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