American Funds American Balanced Fund® Class F-2 (AMBFX) 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 AMBFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AMBFX
AMBFX charges 0.35% annually. There are 113 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 | AMBFX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | AMBFX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | AMBFX vs TSAIX | |
| Fidelity Sustainable Multi-Asset Fund | 0.05% | — | Feb 2022 | AMBFX vs FYMIX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | AMBFX vs BWBIX |
Best Risk-Adjusted Alternatives to AMBFX
AMBFX has a PortfoliosLab risk / return rank of 83. There are 39 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 | AMBFX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | AMBFX vs TIBIX | |
| Nuveen Flexible Income Fund | 97 | — | Dec 2009 | AMBFX vs NWQIX | |
| Allspring Diversified Capital Builder Fund | 95 | — | Jan 1998 | AMBFX vs EKBAX | |
| Pioneer Balanced ESG Fund | 95 | — | Dec 1991 | AMBFX vs AYBLX |
Top Performing AMBFX Alternatives (YTD)
AMBFX is at 9.50% YTD. There are 120 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 38.34%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 38.34% | — | Jan 1998 | AMBFX vs EKBAX | |
| Greenspring Fund | 21.91% | — | Jun 1983 | AMBFX vs GRSPX | |
| MH Elite Small Cap Fund of Funds Fund | 20.27% | — | Aug 1998 | AMBFX vs MHELX | |
| Thornburg Investment Income Builder Fund Class I | 17.52% | — | Dec 2002 | AMBFX vs TIBIX | |
| Sound Mind Investing Fund | 15.84% | — | Dec 2005 | AMBFX vs SMIFX |
Lowest Volatility Alternatives to AMBFX
AMBFX has 9.22% 1-year volatility. There are 343 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 | AMBFX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.83% | — | Apr 2012 | AMBFX vs SCLAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.86% | — | Nov 2003 | AMBFX vs SICIX | |
| Ave Maria Bond Fund | 2.99% | — | Apr 2003 | AMBFX vs AVEFX | |
| American Funds College 2027 Fund | 3.14% | — | Sep 2012 | AMBFX vs CSTAX |
Lowest Drawdown Alternatives to AMBFX
AMBFX has a 1-year max drawdown of -7.00%. There are 348 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 | AMBFX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | AMBFX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | AMBFX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | AMBFX vs SICIX | |
| Fidelity Strategic Real Return Fund Class K6 | -2.68% | — | Sep 2005 | AMBFX vs FSRKX |
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 AMBFX
Investors most often compare AMBFX with VBIAX, VBAIX, VWELX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare AMBFX with Any Fund or Stock
Compare AMBFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AMBFX with funds that move differently
American Funds American Balanced Fund® Class F-2 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AMBFX.
Explore AMBFX Diversifiers