AFMBX Alternatives & Similar Mutual Funds

American Funds American Balanced Fund Class F-3 (AFMBX) 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 AFMBX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to AFMBX

AFMBX charges 0.25% annually. There are 78 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	AFMBX vs FRGAX
PALDX	PGIM 60/40 Allocation Fund	0.03%	—	Sep 2017	AFMBX vs PALDX
TSAIX	TIAA-CREF Lifestyle Aggressive Growth Fund	0.04%	—	Dec 2011	AFMBX vs TSAIX
BWBIX	Baron WealthBuilder Fund	0.05%	—	Dec 2017	AFMBX vs BWBIX
FYMIX	Fidelity Sustainable Multi-Asset Fund	0.05%	—	Feb 2022	AFMBX vs FYMIX

Best Risk-Adjusted Alternatives to AFMBX

AFMBX has a PortfoliosLab risk / return rank of 86. There are 45 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	AFMBX vs STDAX
TIBIX	Thornburg Investment Income Builder Fund Class I	98	—	Dec 2002	AFMBX vs TIBIX
EKBAX	Allspring Diversified Capital Builder Fund	97	—	Jan 1998	AFMBX vs EKBAX
NWQIX	Nuveen Flexible Income Fund	97	—	Dec 2009	AFMBX vs NWQIX
FSRKX	Fidelity Strategic Real Return Fund Class K6	96	—	Sep 2005	AFMBX vs FSRKX

Top Performing AFMBX Alternatives (YTD)

AFMBX is at 10.12% YTD. There are 115 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 36.56%.

Symbol	Name	YTD Return	AUM	Inception
EKBAX	Allspring Diversified Capital Builder Fund	36.56%	—	Jan 1998	AFMBX vs EKBAX
GRSPX	Greenspring Fund	21.59%	—	Jun 1983	AFMBX vs GRSPX
TIBIX	Thornburg Investment Income Builder Fund Class I	17.96%	—	Dec 2002	AFMBX vs TIBIX
MHELX	MH Elite Small Cap Fund of Funds Fund	17.65%	—	Aug 1998	AFMBX vs MHELX
DGIFX	Disciplined Growth Investors Fund	17.45%	—	Aug 2011	AFMBX vs DGIFX

Lowest Volatility Alternatives to AFMBX

AFMBX has 8.72% 1-year volatility. There are 343 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.86%.

Symbol	Name	Volatility 1Y	AUM	Inception
STDAX	SEI Asset Allocation Trust Defensive Strategy Allo...	0.86%	—	Nov 2003	AFMBX vs STDAX
SCLAX	SEI Institutional Managed Trust Multi-Asset Capita...	2.63%	—	Apr 2012	AFMBX vs SCLAX
SICIX	SEI Asset Allocation Trust Conservative Strategy F...	2.80%	—	Nov 2003	AFMBX vs SICIX
AVEFX	Ave Maria Bond Fund	2.93%	—	Apr 2003	AFMBX vs AVEFX
CSTAX	American Funds College 2027 Fund	3.03%	—	Sep 2012	AFMBX vs CSTAX

Lowest Drawdown Alternatives to AFMBX

AFMBX has a 1-year max drawdown of -6.98%. There are 344 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	AFMBX vs STDAX
FSRKX	Fidelity Strategic Real Return Fund Class K6	-1.93%	—	Sep 2005	AFMBX vs FSRKX
FIQDX	Fidelity Advisor Strategic Real Return Fund Class ...	-1.94%	—	Oct 2018	AFMBX vs FIQDX
FCSRX	Fidelity Advisor Strategic Real Return Fund Class ...	-1.99%	—	Sep 2005	AFMBX vs FCSRX
FSRRX	Fidelity Strategic Real Return Fund	-2.05%	—	Sep 2005	AFMBX vs FSRRX

Other Mutual Funds from American Funds

The 10 most viewed American Funds mutual funds shown here include ABALX, AIVSX, RGAGX and span 6 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ABALX	American Funds American Balanced Fund Class A	Diversified Portfolio	85	9.98%	—	Jul 1975	AFMBX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	55	10.91%	—	Jan 1934	AFMBX vs AIVSX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	35	10.24%	—	Dec 1973	AFMBX vs RGAGX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	38	5.89%	—	Jul 1952	AFMBX vs AWSHX
RERGX	American Funds EuroPacific Growth Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities	40	12.33%	—	—	AFMBX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities	75	15.14%	—	Jan 1978	AFMBX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Large Cap Growth Equities, Global Equities	29	7.38%	—	Mar 1973	AFMBX vs ANWPX
GFFFX	American Funds The Growth Fund of America	Large Cap Growth Equities	34	10.19%	—	Dec 1973	AFMBX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend	53	6.34%	—	Dec 1973	AFMBX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	27	6.34%	—	Jan 1967	AFMBX vs AMCPX

Often Compared With AFMBX

Investors most often compare AFMBX with AFMFX, VOO, FXAIX. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
AFMFX	American Funds American Mutual Fund Class F-3	Large Cap Value Equities	42	6.78%	—	Feb 1950	AFMBX vs AFMFX
VOO	Vanguard S&P 500 ETF	S&P 500	70	10.91%	1.60T	Sep 2010	AFMBX vs VOO
FXAIX	Fidelity 500 Index Fund	S&P 500	73	11.71%	—	Feb 1988	AFMBX vs FXAIX
VFIAX	Vanguard 500 Index Fund Admiral Shares	S&P 500, Large Cap Blend Equities	73	11.69%	1.60T	Nov 2000	AFMBX vs VFIAX
VUG	Vanguard Growth ETF	Large Cap Growth Equities	43	9.49%	365.00B	Jan 2004	AFMBX vs VUG
AGTHX	American Funds The Growth Fund of America Class A	Large Cap Growth Equities	34	10.09%	—	Dec 1973	AFMBX vs AGTHX
^GSPC	S&P 500 Index		73	10.35%	—	—	AFMBX vs ^GSPC
DREVX	BNY Mellon Large Cap Securities Fund	Large Cap Growth Equities	36	7.62%	—	May 1951	AFMBX vs DREVX
VWINX	Vanguard Wellesley Income Fund Investor Shares	Diversified Portfolio	57	3.55%	48.20B	Jul 1970	AFMBX vs VWINX
VTV	Vanguard Value ETF	Large Cap Value Equities	79	12.30%	238.00B	Jan 2004	AFMBX vs VTV
VSMIX	Vanguard Short-Term Investment-Grade Fund Investor...	Short-Term Bond	89	31.47%	—	Oct 1982	AFMBX vs VSMIX
ACAZX	Alger Capital Appreciation Fund Class Z	Large Cap Growth Equities	42	15.70%	—	Dec 2010	AFMBX vs ACAZX
FBALX	Fidelity Balanced Fund	Diversified Portfolio	87	10.30%	—	Nov 1986	AFMBX vs FBALX
DGIEX	BNY Mellon Global Emerging Markets Fund	Emerging Markets Diversified	83	22.50%	—	Feb 2014	AFMBX vs DGIEX
AXBAX	Columbia Capital Allocation Aggressive Portfolio	Diversified Portfolio	82	11.70%	—	Mar 2004	AFMBX vs AXBAX
DODBX	Dodge & Cox Balanced Fund	Diversified Portfolio	25	2.03%	—	Jun 1931	AFMBX vs DODBX
VBAIX	Vanguard Balanced Index Fund Institutional Shares	Diversified Portfolio	76	7.40%	62.30B	Dec 2000	AFMBX vs VBAIX
AMIGX	Amana Growth Fund	Large Cap Growth Equities	70	17.52%	—	Sep 2013	AFMBX vs AMIGX
SIFAX	SEI Institutional Managed Trust Multi-Asset Inflat...	Diversified Portfolio	73	8.08%	—	Apr 2012	AFMBX vs SIFAX
IOEZX	ICON Equity Income Fund	Diversified Portfolio	70	13.83%	—	May 2004	AFMBX vs IOEZX

Compare AFMBX with Any Fund or Stock

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

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Diversifiers

Pair AFMBX with funds that move differently

American Funds American Balanced Fund Class F-3 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AFMBX.

Explore AFMBX Diversifiers

American Funds American Balanced Fund Class F-3 (AFMBX) Alternatives