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 81 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
VBAIX	Vanguard Balanced Index Fund Institutional Shares	0.04%	63.70B	Dec 2000	AFMBX vs VBAIX
TSAIX	TIAA-CREF Lifestyle Aggressive Growth Fund	0.04%	—	Dec 2011	AFMBX vs TSAIX
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 79. There are 81 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
RPFCX	Davis Appreciation & Income Fund	96	—	Apr 1992	AFMBX vs RPFCX
NWQIX	Nuveen Flexible Income Fund	96	—	Dec 2009	AFMBX vs NWQIX
FSRRX	Fidelity Strategic Real Return Fund	95	—	Sep 2005	AFMBX vs FSRRX

Top Performing AFMBX Alternatives (YTD)

AFMBX is at 8.62% YTD. There are 141 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 29.72%.

Symbol	Name	YTD Return	AUM	Inception
EKBAX	Allspring Diversified Capital Builder Fund	29.72%	—	Jan 1998	AFMBX vs EKBAX
TIBIX	Thornburg Investment Income Builder Fund Class I	19.05%	—	Dec 2002	AFMBX vs TIBIX
IOEZX	ICON Equity Income Fund	18.94%	—	May 2004	AFMBX vs IOEZX
GRSPX	Greenspring Fund	17.70%	—	Jun 1983	AFMBX vs GRSPX
MHELX	MH Elite Small Cap Fund of Funds Fund	17.05%	—	Aug 1998	AFMBX vs MHELX

Lowest Volatility Alternatives to AFMBX

AFMBX 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
STDAX	SEI Asset Allocation Trust Defensive Strategy Allo...	0.86%	—	Nov 2003	AFMBX vs STDAX
SICIX	SEI Asset Allocation Trust Conservative Strategy F...	2.80%	—	Nov 2003	AFMBX vs SICIX
SCLAX	SEI Institutional Managed Trust Multi-Asset Capita...	2.91%	—	Apr 2012	AFMBX vs SCLAX
AVEFX	Ave Maria Bond Fund	3.05%	—	Apr 2003	AFMBX vs AVEFX
CSTAX	American Funds College 2027 Fund	3.11%	—	Sep 2012	AFMBX vs CSTAX

Lowest Drawdown Alternatives to AFMBX

AFMBX has a 1-year max drawdown of -6.98%. There are 342 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
SCLAX	SEI Institutional Managed Trust Multi-Asset Capita...	-2.32%	—	Apr 2012	AFMBX vs SCLAX
DGTSX	DFA Global Allocation 25/75 Portfolio	-2.64%	—	Dec 2003	AFMBX vs DGTSX
SICIX	SEI Asset Allocation Trust Conservative Strategy F...	-2.65%	—	Nov 2003	AFMBX vs SICIX
CSTAX	American Funds College 2027 Fund	-2.72%	—	Sep 2012	AFMBX vs CSTAX

Other Mutual Funds from American Funds

The 10 most viewed American Funds mutual funds shown here include ABALX, AIVSX, AWSHX and span 7 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ABALX	American Funds American Balanced Fund Class A	Diversified Portfolio	78	8.43%	—	Jul 1975	AFMBX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	40	9.73%	—	Jan 1934	AFMBX vs AIVSX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	55	8.99%	—	Jul 1952	AFMBX vs AWSHX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	19	5.80%	—	Dec 1973	AFMBX vs RGAGX
RERGX	American Funds EUPAC Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities, Actively Managed	48	10.30%	—	May 2009	AFMBX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities, Actively Managed	61	13.21%	—	Aug 1978	AFMBX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Global Equities, Large Cap Growth Equities, Actively Managed	23	4.94%	—	Mar 1973	AFMBX vs ANWPX
GFFFX	American Funds The Growth Fund of America Class F-...	Large Cap Growth Equities	19	5.73%	—	Dec 1973	AFMBX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend	81	8.35%	—	Dec 1973	AFMBX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	17	4.76%	—	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	63	9.91%	—	Feb 1950	AFMBX vs AFMFX
VOO	Vanguard S&P 500 ETF	S&P 500	78	11.72%	1.70T	Sep 2010	AFMBX vs VOO
FXAIX	Fidelity 500 Index Fund	S&P 500	59	10.13%	—	Feb 1988	AFMBX vs FXAIX
VFIAX	Vanguard 500 Index Fund Admiral Shares	S&P 500, Large Cap Blend Equities	59	10.10%	1.70T	Nov 2000	AFMBX vs VFIAX
VUG	Vanguard Growth ETF	Large Cap Growth Equities	37	7.33%	378.80B	Jan 2004	AFMBX vs VUG
AGTHX	American Funds The Growth Fund of America Class A	Large Cap Growth Equities	18	5.61%	—	Dec 1973	AFMBX vs AGTHX
^GSPC	S&P 500 Index		79	11.03%	—	—	AFMBX vs ^GSPC
DREVX	BNY Mellon Large Cap Securities Fund	Large Cap Growth Equities	26	7.63%	—	May 1951	AFMBX vs DREVX
VWINX	Vanguard Wellesley Income Fund Investor Shares	Diversified Portfolio	66	3.55%	47.40B	Jul 1970	AFMBX vs VWINX
VTV	Vanguard Value ETF	Large Cap Value Equities	94	16.93%	254.20B	Jan 2004	AFMBX vs VTV
VSMIX	Vanguard Short-Term Investment-Grade Fund Investor...	Short-Term Bond	76	23.07%	—	Oct 1982	AFMBX vs VSMIX
DGIEX	BNY Mellon Global Emerging Markets Fund	Emerging Markets Equities	65	16.98%	—	Feb 2014	AFMBX vs DGIEX
AXBAX	Columbia Capital Allocation Aggressive Portfolio	Diversified Portfolio	63	9.28%	—	Mar 2004	AFMBX vs AXBAX
ACAZX	Alger Capital Appreciation Fund Class Z	Large Cap Growth Equities	20	8.61%	—	Dec 2010	AFMBX vs ACAZX
DODBX	Dodge & Cox Balanced Fund Class I	Diversified Portfolio	69	6.48%	—	Jun 1931	AFMBX vs DODBX
FBALX	Fidelity Balanced Fund	Diversified Portfolio	80	9.50%	—	Nov 1986	AFMBX vs FBALX
AMIGX	Amana Growth Fund	Large Cap Growth Equities	51	11.65%	—	Sep 2013	AFMBX vs AMIGX
SIFAX	SEI Institutional Managed Trust Multi-Asset Inflat...	Diversified Portfolio	83	8.84%	—	Apr 2012	AFMBX vs SIFAX
FIQDX	Fidelity Advisor Strategic Real Return Fund Class ...	Diversified Portfolio	91	6.68%	—	Oct 2018	AFMBX vs FIQDX
FSRKX	Fidelity Strategic Real Return Fund Class K6	Diversified Portfolio	92	6.77%	—	Sep 2005	AFMBX vs FSRKX

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