RGBFX Alternatives & Similar Mutual Funds

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
GIMFX	GMO Implementation Fund	0.02%	—	Feb 2012	RGBFX vs GIMFX
GGSIX	Goldman Sachs Growth Strategy Portfolio	0.19%	—	Jan 1998	RGBFX vs GGSIX
IPIRX	Voya Global Perspectives Portfolio	0.20%	—	Apr 2013	RGBFX vs IPIRX
MHESX	MH Elite Select Portfolio of Funds Fund	0.21%	—	Apr 2006	RGBFX vs MHESX
JNSMX	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 47. There are 55 mutual funds in the Global Allocation category with higher risk-adjusted ranks, going as high as 97.

Symbol	Name	Risk / Return Rank	AUM	Inception
TIBAX	Thornburg Investment Income Builder Fund	97	—	Dec 2002	RGBFX vs TIBAX
GBFFX	GMO Benchmark-Free Fund	95	—	Jun 2011	RGBFX vs GBFFX
PDSYX	Principal Diversified Select Real Asset Fund	94	—	Jul 2019	RGBFX vs PDSYX
GIMFX	GMO Implementation Fund	94	—	Feb 2012	RGBFX vs GIMFX
GBMFX	GMO Benchmark-Free Allocation Fund	94	—	Jul 2003	RGBFX vs GBMFX

Top Performing RGBFX Alternatives (YTD)

RGBFX is at 6.37% YTD. There are 58 mutual funds in the Global Allocation category with higher YTD returns, going as high as 22.73%.

Symbol	Name	YTD Return	AUM	Inception
CHW	Calamos Global Dynamic Income Fund	22.73%	—	Jun 2007	RGBFX vs CHW
CGO	Calamos Global Total Return Fund	22.71%	—	Oct 2005	RGBFX vs CGO
CVLOX	Calamos Global Opportunities Fund	15.85%	—	Sep 1996	RGBFX vs CVLOX
TIBAX	Thornburg Investment Income Builder Fund	15.22%	—	Dec 2002	RGBFX vs TIBAX
WMRIX	Wilmington Real Asset Fund	13.62%	—	Jun 2003	RGBFX vs WMRIX

Lowest Volatility Alternatives to RGBFX

RGBFX has 8.61% 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
PDSYX	Principal Diversified Select Real Asset Fund	3.03%	—	Jul 2019	RGBFX vs PDSYX
PFADX	PFG BNY Mellon Diversifier Strategy Fund	4.44%	—	Dec 2017	RGBFX vs PFADX
LFMIX	LoCorr Macro Strategies Fund Class I	5.68%	—	Mar 2011	RGBFX vs LFMIX
NRIIX	Nuveen Real Asset Income Fund	5.88%	—	Sep 2011	RGBFX vs NRIIX
PMFYX	Pioneer Multi-Asset Income Fund	5.92%	—	Dec 2011	RGBFX vs PMFYX

Lowest Drawdown Alternatives to RGBFX

RGBFX has a 1-year max drawdown of -6.73%. There are 33 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
PDSYX	Principal Diversified Select Real Asset Fund	-1.98%	—	Jul 2019	RGBFX vs PDSYX
LFMIX	LoCorr Macro Strategies Fund Class I	-2.60%	—	Mar 2011	RGBFX vs LFMIX
PFADX	PFG BNY Mellon Diversifier Strategy Fund	-3.63%	—	Dec 2017	RGBFX vs PFADX
PMFYX	Pioneer Multi-Asset Income Fund	-4.08%	—	Dec 2011	RGBFX vs PMFYX
MSTGX	Morningstar Global Income Fund	-4.38%	—	Nov 2018	RGBFX vs MSTGX

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	80	9.50%	—	Jul 1975	RGBFX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	40	10.11%	—	Jan 1934	RGBFX vs AIVSX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	41	7.82%	—	Jul 1952	RGBFX vs AWSHX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	24	8.96%	—	Dec 1973	RGBFX vs RGAGX
RERGX	American Funds EUPAC Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities, Actively Managed	37	10.72%	—	May 2009	RGBFX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities, Actively Managed	64	13.97%	—	Aug 1978	RGBFX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Global Equities, Large Cap Growth Equities, Actively Managed	24	6.73%	—	Mar 1973	RGBFX vs ANWPX
GFFFX	American Funds The Growth Fund of America Class F-...	Large Cap Growth Equities	24	8.90%	—	Dec 1973	RGBFX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend	57	6.80%	—	Dec 1973	RGBFX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	20	6.63%	—	Jan 1967	RGBFX vs AMCPX

Often Compared With RGBFX

Investors most often compare RGBFX with HRLYX, WARAX, GLBIX. These 4 comparison targets span 1 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
HRLYX	Hartford Real Asset Fund	Global Allocation	90	10.37%	—	May 2010	RGBFX vs HRLYX
WARAX	Allspring Absolute Return Fund	Global Allocation	87	12.98%	—	Feb 2012	RGBFX vs WARAX
GLBIX	Leuthold Global Fund	Global Allocation	86	13.56%	—	Apr 2008	RGBFX vs GLBIX
SAWMX	SA Worldwide Moderate Growth Fund	Global Allocation	93	10.67%	—	Jun 2015	RGBFX vs SAWMX

Compare RGBFX with Any Fund or Stock

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

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Diversifiers

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

American Funds Global Balanced Fund Class R5 (RGBFX) Alternatives