RLBGX Alternatives & Similar Mutual Funds

American Funds American Balanced Fund Class R-6 (RLBGX) 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 RLBGX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to RLBGX

RLBGX 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	RLBGX vs FRGAX
PALDX	PGIM 60/40 Allocation Fund	0.03%	—	Sep 2017	RLBGX vs PALDX
VBAIX	Vanguard Balanced Index Fund Institutional Shares	0.04%	64.10B	Dec 2000	RLBGX vs VBAIX
TSAIX	TIAA-CREF Lifestyle Aggressive Growth Fund	0.04%	—	Dec 2011	RLBGX vs TSAIX
VTMFX	Vanguard Tax-Managed Balanced Fund Admiral Shares	0.05%	12.30B	Sep 1994	RLBGX vs VTMFX

Best Risk-Adjusted Alternatives to RLBGX

RLBGX has a PortfoliosLab risk / return rank of 80. There are 52 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	RLBGX vs STDAX
TIBIX	Thornburg Investment Income Builder Fund Class I	97	—	Dec 2002	RLBGX vs TIBIX
NWQIX	Nuveen Flexible Income Fund	96	—	Dec 2009	RLBGX vs NWQIX
AYBLX	Pioneer Balanced ESG Fund	94	—	Dec 1991	RLBGX vs AYBLX
AOBLX	Victory Pioneer Balanced Fund Class A	94	—	Dec 1991	RLBGX vs AOBLX

Top Performing RLBGX Alternatives (YTD)

RLBGX is at 9.60% YTD. There are 125 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 33.16%.

Symbol	Name	YTD Return	AUM	Inception
EKBAX	Allspring Diversified Capital Builder Fund	33.16%	—	Jan 1998	RLBGX vs EKBAX
GRSPX	Greenspring Fund	20.03%	—	Jun 1983	RLBGX vs GRSPX
MHELX	MH Elite Small Cap Fund of Funds Fund	19.67%	—	Aug 1998	RLBGX vs MHELX
IOEZX	ICON Equity Income Fund	17.57%	—	May 2004	RLBGX vs IOEZX
TIBIX	Thornburg Investment Income Builder Fund Class I	16.15%	—	Dec 2002	RLBGX vs TIBIX

Lowest Volatility Alternatives to RLBGX

RLBGX has 9.22% 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	RLBGX vs STDAX
SICIX	SEI Asset Allocation Trust Conservative Strategy F...	2.83%	—	Nov 2003	RLBGX vs SICIX
SCLAX	SEI Institutional Managed Trust Multi-Asset Capita...	2.86%	—	Apr 2012	RLBGX vs SCLAX
AVEFX	Ave Maria Bond Fund	2.99%	—	Apr 2003	RLBGX vs AVEFX
CSTAX	American Funds College 2027 Fund	3.09%	—	Sep 2012	RLBGX vs CSTAX

Lowest Drawdown Alternatives to RLBGX

RLBGX 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
STDAX	SEI Asset Allocation Trust Defensive Strategy Allo...	-0.36%	—	Nov 2003	RLBGX vs STDAX
SCLAX	SEI Institutional Managed Trust Multi-Asset Capita...	-2.32%	—	Apr 2012	RLBGX vs SCLAX
DGTSX	DFA Global Allocation 25/75 Portfolio	-2.64%	—	Dec 2003	RLBGX vs DGTSX
SICIX	SEI Asset Allocation Trust Conservative Strategy F...	-2.65%	—	Nov 2003	RLBGX vs SICIX
CSTAX	American Funds College 2027 Fund	-2.72%	—	Sep 2012	RLBGX 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	79	9.44%	—	Jul 1975	RLBGX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	40	10.50%	—	Jan 1934	RLBGX vs AIVSX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	39	8.07%	—	Jul 1952	RLBGX vs AWSHX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	24	9.06%	—	Dec 1973	RLBGX vs RGAGX
RERGX	American Funds EUPAC Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities, Actively Managed	37	10.66%	—	May 2009	RLBGX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities, Actively Managed	62	14.17%	—	Aug 1978	RLBGX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Global Equities, Large Cap Growth Equities, Actively Managed	24	6.76%	—	Mar 1973	RLBGX vs ANWPX
GFFFX	American Funds The Growth Fund of America Class F-...	Large Cap Growth Equities	24	9.00%	—	Dec 1973	RLBGX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend	55	6.96%	—	Dec 1973	RLBGX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	20	6.73%	—	Jan 1967	RLBGX vs AMCPX

Often Compared With RLBGX

Investors most often compare RLBGX with FXAIX, VBIAX, VOO. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FXAIX	Fidelity 500 Index Fund	S&P 500	63	11.06%	—	Feb 1988	RLBGX vs FXAIX
VBIAX	Vanguard Balanced Index Fund Admiral Shares	Diversified Portfolio	67	7.16%	64.10B	Nov 2000	RLBGX vs VBIAX
VOO	Vanguard S&P 500 ETF	S&P 500	66	10.45%	1.70T	Sep 2010	RLBGX vs VOO
AAHTX	American Funds 2045 Target Date Retirement Fund	Target Retirement Date	48	10.01%	—	Jan 2007	RLBGX vs AAHTX
VINIX	Vanguard Institutional Index Fund Institutional Sh...	S&P 500, Large Cap Blend Equities	65	11.34%	355.20B	Jul 1990	RLBGX vs VINIX
SCHG	Schwab U.S. Large-Cap Growth ETF	Large Cap Growth Equities	33	5.60%	60.56B	Dec 2009	RLBGX vs SCHG
FSNUX	Fidelity Freedom 2035 Fund Class K	Target Retirement Date	70	10.03%	—	Jul 2017	RLBGX vs FSNUX
FFLEX	Fidelity Freedom Index 2060 Fund Institutional Pre...	Target Retirement Date	66	11.84%	—	Aug 2014	RLBGX vs FFLEX
RAFGX	American Funds AMCAP Fund Class R-6	Large Cap Growth Equities	21	6.91%	—	May 2009	RLBGX vs RAFGX
FXP	ProShares UltraShort FTSE China 50	China Equities, Leveraged Equities, Asia Pacific Equities	15	26.04%	6.74M	Nov 2007	RLBGX vs FXP
LIRIX	BlackRock LifePath Index Retirement Fund	Target Retirement Date	75	5.37%	—	May 2011	RLBGX vs LIRIX
PDGZX	PIMCO RealPath Blend 2035 Fund	Target Retirement Date	69	8.48%	—	Dec 2014	RLBGX vs PDGZX
FGTKX	Fidelity Freedom 2030 Fund Class K6	Target Retirement Date	70	9.03%	—	Oct 1996	RLBGX vs FGTKX
GSSMX	Goldman Sachs Small Cap Value Fund	Small Cap Blend Equities	61	20.43%	—	Oct 1992	RLBGX vs GSSMX
EFA	iShares MSCI EAFE ETF	Foreign Large Cap Equities	46	9.21%	77.15B	Aug 2001	RLBGX vs EFA
LCEAX	Invesco Diversified Dividend Fund	Large Cap Value Equities	49	8.15%	—	Dec 2001	RLBGX vs LCEAX
IVV	iShares Core S&P 500 ETF	S&P 500	66	10.46%	894.38B	May 2000	RLBGX vs IVV
SPSM	State Street SPDR Portfolio S&P 600 Small Cap ETF	Small Cap Blend Equities	72	21.15%	16.85B	Jul 2013	RLBGX vs SPSM
VWENX	Vanguard Wellington Fund Admiral Shares	Diversified Portfolio	63	6.59%	124.70B	May 2001	RLBGX vs VWENX
FWMIX	American Funds Washington Mutual F3	Large Cap Value Equities	41	8.24%	—	Jan 2017	RLBGX vs FWMIX

Compare RLBGX with Any Fund or Stock

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

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Diversifiers

Pair RLBGX with funds that move differently

American Funds American Balanced Fund Class R-6 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RLBGX.

Explore RLBGX Diversifiers

American Funds American Balanced Fund Class R-6 (RLBGX) Alternatives