American Funds Global Balanced Fund Class R5 (RGBFX) belongs to the Global Allocation category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with RGBFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RGBFX
RGBFX charges 0.53% annually. There are 13 mutual funds in the Global Allocation category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Implementation Fund | 0.02% | — | Feb 2012 | RGBFX vs GIMFX | |
| Goldman Sachs Growth Strategy Portfolio | 0.19% | — | Jan 1998 | RGBFX vs GGSIX | |
| Voya Global Perspectives Portfolio | 0.20% | — | Apr 2013 | RGBFX vs IPIRX | |
| MH Elite Select Portfolio of Funds Fund | 0.21% | — | Apr 2006 | RGBFX vs MHESX | |
| Janus Henderson Global Allocation Fund - Moderate | 0.25% | — | Dec 2005 | RGBFX vs JNSMX |
Best Risk-Adjusted Alternatives to RGBFX
RGBFX has a PortfoliosLab risk / return rank of 48. There are 57 mutual funds in the Global Allocation category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Thornburg Investment Income Builder Fund | 98 | — | Dec 2002 | RGBFX vs TIBAX | |
| GMO Benchmark-Free Fund | 95 | — | Jun 2011 | RGBFX vs GBFFX | |
| GMO Implementation Fund | 94 | — | Feb 2012 | RGBFX vs GIMFX | |
| GMO Benchmark-Free Allocation Fund | 94 | — | Jul 2003 | RGBFX vs GBMFX | |
| SA Worldwide Moderate Growth Fund | 93 | — | Jun 2015 | RGBFX vs SAWMX |
Top Performing RGBFX Alternatives (YTD)
RGBFX is at 6.00% YTD. There are 62 mutual funds in the Global Allocation category with higher YTD returns, going as high as 26.70%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Global Total Return Fund | 26.70% | — | Oct 2005 | RGBFX vs CGO | |
| Calamos Global Dynamic Income Fund | 25.10% | — | Jun 2007 | RGBFX vs CHW | |
| Calamos Global Opportunities Fund | 18.27% | — | Sep 1996 | RGBFX vs CVLOX | |
| Thornburg Investment Income Builder Fund | 17.56% | — | Dec 2002 | RGBFX vs TIBAX | |
| Leuthold Global Fund | 15.15% | — | Apr 2008 | RGBFX vs GLBIX |
Lowest Volatility Alternatives to RGBFX
RGBFX has 8.62% 1-year volatility. There are 29 mutual funds in the Global Allocation category with lower 1-year volatility, going as low as 3.03%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | 3.03% | — | Jul 2019 | RGBFX vs PDSYX | |
| PFG BNY Mellon Diversifier Strategy Fund | 4.44% | — | Dec 2017 | RGBFX vs PFADX | |
| LoCorr Macro Strategies Fund Class I | 5.68% | — | Mar 2011 | RGBFX vs LFMIX | |
| Pioneer Multi-Asset Income Fund | 5.90% | — | Dec 2011 | RGBFX vs PMFYX | |
| Nuveen Real Asset Income Fund | 5.91% | — | Sep 2011 | RGBFX vs NRIIX |
Lowest Drawdown Alternatives to RGBFX
RGBFX has a 1-year max drawdown of -6.73%. There are 34 mutual funds in the Global Allocation category with shallower 1-year drawdowns, going as shallow as -1.98%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | -1.98% | — | Jul 2019 | RGBFX vs PDSYX | |
| LoCorr Macro Strategies Fund Class I | -2.60% | — | Mar 2011 | RGBFX vs LFMIX | |
| PFG BNY Mellon Diversifier Strategy Fund | -3.63% | — | Dec 2017 | RGBFX vs PFADX | |
| Allspring Absolute Return Fund | -3.81% | — | Feb 2012 | RGBFX vs WARAX | |
| Pioneer Multi-Asset Income Fund | -4.08% | — | Dec 2011 | RGBFX vs PMFYX |
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 RGBFX
Investors most often compare RGBFX with HRLYX, WMRIX. These 2 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Hartford Real Asset Fund | Global Allocation | 88 | 9.85% | — | May 2010 | RGBFX vs HRLYX | |
| Wilmington Real Asset Fund | Global Allocation | 47 | 11.89% | — | Jun 2003 | RGBFX vs WMRIX |
Compare RGBFX with Any Fund or Stock
Compare RGBFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RGBFX with funds that move differently
American Funds Global Balanced Fund Class R5 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RGBFX.
Explore RGBFX Diversifiers