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

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 funds that fit a different role in your portfolio.

Cheapest Alternatives to RLBGX

RLBGX charges 0.25% annually. Among mutual funds in the Diversified Portfolio category, these options have the lowest expense ratios among RLBGX alternatives.

Symbol	Name	Expense Ratio	Inception
FRGAX	Fidelity 70% Allocation Fund	0.02%	Jan 1, 2022	RLBGX vs FRGAX
PALDX	PGIM 60/40 Allocation Fund	0.03%	Sep 12, 2017	RLBGX vs PALDX
TSAIX	TIAA-CREF Lifestyle Aggressive Growth Fund	0.04%	Dec 8, 2011	RLBGX vs TSAIX
FYMIX	Fidelity Sustainable Multi-Asset Fund	0.05%	Feb 9, 2022	RLBGX vs FYMIX
BWBIX	Baron WealthBuilder Fund	0.05%	Dec 28, 2017	RLBGX vs BWBIX

Best Risk-Adjusted Alternatives to RLBGX

Among mutual funds in the Diversified Portfolio category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
STDAX	SEI Asset Allocation Trust Defensive Strategy Allo...	99	Nov 16, 2003	RLBGX vs STDAX
TIBIX	Thornburg Investment Income Builder Fund Class I	98	Dec 24, 2002	RLBGX vs TIBIX
BERIX	Chartwell Income Fund	96	Sep 2, 1987	RLBGX vs BERIX
NWQIX	Nuveen Flexible Income Fund	96	Dec 8, 2009	RLBGX vs NWQIX
PMAIX	Pioneer Multi-Asset Income Fund A	93	Dec 22, 2011	RLBGX vs PMAIX

Top Performing RLBGX Alternatives (YTD)

RLBGX alternatives from the Diversified Portfolio category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
PUDZX	PGIM Real Assets Fund	10.18%	Dec 29, 2010	RLBGX vs PUDZX
TIBIX	Thornburg Investment Income Builder Fund Class I	9.82%	Dec 24, 2002	RLBGX vs TIBIX
AAAAX	DWS RREEF Real Assets Fund - Class A	9.77%	Jul 30, 2007	RLBGX vs AAAAX
IOEZX	ICON Equity Income Fund	9.60%	May 9, 2004	RLBGX vs IOEZX
TPDAX	Timothy Plan Defensive Strategies Fund	9.31%	Nov 3, 2009	RLBGX vs TPDAX

Lowest Volatility Alternatives to RLBGX

RLBGX alternatives from the Diversified Portfolio category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
STDAX	SEI Asset Allocation Trust Defensive Strategy Allo...	0.93%	Nov 16, 2003	RLBGX vs STDAX
SCLAX	SEI Institutional Managed Trust Multi-Asset Capita...	2.66%	Apr 8, 2012	RLBGX vs SCLAX
AVEFX	Ave Maria Bond Fund	3.44%	Apr 30, 2003	RLBGX vs AVEFX
CSTAX	American Funds College 2027 Fund	3.50%	Sep 13, 2012	RLBGX vs CSTAX
SICIX	SEI Asset Allocation Trust Conservative Strategy F...	3.68%	Nov 16, 2003	RLBGX vs SICIX

Lowest Drawdown Alternatives to RLBGX

RLBGX alternatives from the Diversified Portfolio category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
STDAX	SEI Asset Allocation Trust Defensive Strategy Allo...	-0.59%	Nov 16, 2003	RLBGX vs STDAX
SCLAX	SEI Institutional Managed Trust Multi-Asset Capita...	-2.32%	Apr 8, 2012	RLBGX vs SCLAX
AVEFX	Ave Maria Bond Fund	-2.52%	Apr 30, 2003	RLBGX vs AVEFX
CSTAX	American Funds College 2027 Fund	-2.72%	Sep 13, 2012	RLBGX vs CSTAX
SICIX	SEI Asset Allocation Trust Conservative Strategy F...	-2.73%	Nov 16, 2003	RLBGX vs SICIX

Other Mutual Funds from American Funds

Most popular American Funds mutual funds on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
ABALX	American Funds American Balanced Fund Class A	Diversified Portfolio	85	-1.12%	Jul 26, 1975	RLBGX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	63	-4.87%	Jan 1, 1934	RLBGX vs AIVSX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	45	-7.99%	Dec 1, 1973	RLBGX vs RGAGX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	48	-3.17%	Jul 31, 1952	RLBGX vs AWSHX
RERGX	American Funds EuroPacific Growth Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities	71	-2.84%	—	RLBGX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities	79	-3.35%	Jan 8, 1978	RLBGX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Large Cap Growth Equities, Global Equities	55	-5.30%	Mar 13, 1973	RLBGX vs ANWPX
GFFFX	American Funds The Growth Fund of America	Large Cap Growth Equities	44	-8.03%	Dec 1, 1973	RLBGX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend, Actively Managed	84	2.83%	Dec 1, 1973	RLBGX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	36	-8.56%	Jan 5, 1967	RLBGX vs AMCPX

Often Compared With RLBGX

What investors most often compare with RLBGX, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
FXAIX	Fidelity 500 Index Fund	S&P 500	60	-4.34%	Feb 17, 1988	RLBGX vs FXAIX
VOO	Vanguard S&P 500 ETF	S&P 500	60	-3.66%	Sep 7, 2010	RLBGX vs VOO
VBIAX	Vanguard Balanced Index Fund Admiral Shares	Diversified Portfolio	69	-2.43%	Nov 13, 2000	RLBGX vs VBIAX
AAHTX	American Funds 2045 Target Date Retirement Fund	Target Retirement Date	72	-2.93%	Jan 31, 2007	RLBGX vs AAHTX
SCHG	Schwab U.S. Large-Cap Growth ETF	Large Cap Growth Equities	41	-9.73%	Dec 11, 2009	RLBGX vs SCHG
VINIX	Vanguard Institutional Index Fund Institutional Sh...	Large Cap Blend Equities	59	-4.35%	Jul 31, 1990	RLBGX vs VINIX
FSNUX	Fidelity Freedom 2035 Fund Class K	Target Retirement Date	80	-0.23%	Jul 20, 2017	RLBGX vs FSNUX
FFLEX	Fidelity Freedom Index 2060 Fund Institutional Pre...	Target Retirement Date	74	-1.62%	Aug 5, 2014	RLBGX vs FFLEX
EFA	iShares MSCI EAFE ETF	Foreign Large Cap Equities	76	2.69%	Aug 14, 2001	RLBGX vs EFA
IVV	iShares Core S&P 500 ETF	S&P 500	60	-3.67%	May 15, 2000	RLBGX vs IVV
RAFGX	American Funds AMCAP Fund Class R-6	Large Cap Growth Equities	35	-8.46%	May 1, 2009	RLBGX vs RAFGX
PDGZX	PIMCO RealPath Blend 2035 Fund	Target Retirement Date	69	-0.92%	Dec 30, 2014	RLBGX vs PDGZX
FGTKX	Fidelity Freedom 2030 Fund Class K6	Target Retirement Date	80	-0.10%	Oct 17, 1996	RLBGX vs FGTKX
LCEAX	Invesco Diversified Dividend Fund	Large Cap Value Equities	49	0.18%	Dec 31, 2001	RLBGX vs LCEAX
LIRIX	BlackRock LifePath Index Retirement Fund	Target Retirement Date	83	0.20%	May 30, 2011	RLBGX vs LIRIX
GSSMX	Goldman Sachs Small Cap Value Fund	Small Cap Blend Equities	48	4.05%	Oct 22, 1992	RLBGX vs GSSMX
FXP	ProShares UltraShort FTSE China 50	Leveraged Equities, Leveraged, China Equities	9	13.74%	Nov 8, 2007	RLBGX vs FXP
SPSM	SPDR Portfolio S&P 600 Small Cap ETF	Small Cap Blend Equities	52	4.17%	Jul 8, 2013	RLBGX vs SPSM
VWENX	Vanguard Wellington Fund Admiral Shares	Diversified Portfolio	75	-3.33%	May 14, 2001	RLBGX vs VWENX
AGG	iShares Core U.S. Aggregate Bond ETF	Total Bond Market	50	0.09%	Sep 22, 2003	RLBGX vs AGG

Compare RLBGX with Any Fund or Stock

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

Symbol name

American Funds American Balanced Fund Class R-6

Symbol name