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 | |
|---|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | — | Jan 2022 | AFMBX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | AFMBX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | AFMBX vs TSAIX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | AFMBX vs BWBIX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | AFMBX vs VTMFX |
Best Risk-Adjusted Alternatives to AFMBX
AFMBX has a PortfoliosLab risk / return rank of 76. There are 53 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 | AFMBX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | AFMBX vs TIBIX | |
| Nuveen Flexible Income Fund | 96 | — | Dec 2009 | AFMBX vs NWQIX | |
| Pioneer Balanced ESG Fund | 94 | — | Dec 1991 | AFMBX vs AYBLX | |
| Victory Pioneer Balanced Fund Class A | 94 | — | Dec 1991 | AFMBX vs AOBLX |
Top Performing AFMBX Alternatives (YTD)
AFMBX is at 8.43% YTD. There are 105 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 34.11%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 34.11% | — | Jan 1998 | AFMBX vs EKBAX | |
| MH Elite Small Cap Fund of Funds Fund | 20.86% | — | Aug 1998 | AFMBX vs MHELX | |
| Greenspring Fund | 20.56% | — | Jun 1983 | AFMBX vs GRSPX | |
| Thornburg Investment Income Builder Fund Class I | 16.73% | — | Dec 2002 | AFMBX vs TIBIX | |
| ICON Equity Income Fund | 13.66% | — | May 2004 | AFMBX vs IOEZX |
Lowest Volatility Alternatives to AFMBX
AFMBX has 9.27% 1-year volatility. There are 344 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.85% | — | Nov 2003 | AFMBX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.84% | — | Apr 2012 | AFMBX vs SCLAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.85% | — | Nov 2003 | AFMBX vs SICIX | |
| Ave Maria Bond Fund | 2.99% | — | Apr 2003 | AFMBX vs AVEFX | |
| American Funds College 2027 Fund | 3.14% | — | Sep 2012 | AFMBX vs CSTAX |
Lowest Drawdown Alternatives to AFMBX
AFMBX has a 1-year max drawdown of -6.98%. There are 343 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 | AFMBX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | AFMBX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | AFMBX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | AFMBX vs SICIX | |
| 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.
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.
Compare AFMBX with Any Fund or Stock
Compare AFMBX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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