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
TSAIX	TIAA-CREF Lifestyle Aggressive Growth Fund	0.04%	—	Dec 2011	RLBGX vs TSAIX
FYMIX	Fidelity Sustainable Multi-Asset Fund	0.05%	—	Feb 2022	RLBGX vs FYMIX
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 83. There are 36 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	98	—	Dec 2002	RLBGX vs TIBIX
NWQIX	Nuveen Flexible Income Fund	97	—	Dec 2009	RLBGX vs NWQIX
EKBAX	Allspring Diversified Capital Builder Fund	95	—	Jan 1998	RLBGX vs EKBAX
AYBLX	Pioneer Balanced ESG Fund	95	—	Dec 1991	RLBGX vs AYBLX

Top Performing RLBGX Alternatives (YTD)

RLBGX is at 9.55% YTD. There are 117 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 38.34%.

Symbol	Name	YTD Return	AUM	Inception
EKBAX	Allspring Diversified Capital Builder Fund	38.34%	—	Jan 1998	RLBGX vs EKBAX
GRSPX	Greenspring Fund	21.91%	—	Jun 1983	RLBGX vs GRSPX
MHELX	MH Elite Small Cap Fund of Funds Fund	20.27%	—	Aug 1998	RLBGX vs MHELX
TIBIX	Thornburg Investment Income Builder Fund Class I	17.52%	—	Dec 2002	RLBGX vs TIBIX
SMIFX	Sound Mind Investing Fund	15.84%	—	Dec 2005	RLBGX vs SMIFX

Lowest Volatility Alternatives to RLBGX

RLBGX has 9.19% 1-year volatility. There are 336 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.85%.

Symbol	Name	Volatility 1Y	AUM	Inception
STDAX	SEI Asset Allocation Trust Defensive Strategy Allo...	0.85%	—	Nov 2003	RLBGX vs STDAX
SCLAX	SEI Institutional Managed Trust Multi-Asset Capita...	2.83%	—	Apr 2012	RLBGX vs SCLAX
SICIX	SEI Asset Allocation Trust Conservative Strategy F...	2.86%	—	Nov 2003	RLBGX vs SICIX
AVEFX	Ave Maria Bond Fund	2.99%	—	Apr 2003	RLBGX vs AVEFX
CSTAX	American Funds College 2027 Fund	3.14%	—	Sep 2012	RLBGX vs CSTAX

Lowest Drawdown Alternatives to RLBGX

RLBGX has a 1-year max drawdown of -6.98%. There are 344 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
FSRKX	Fidelity Strategic Real Return Fund Class K6	-2.68%	—	Sep 2005	RLBGX 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.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ABALX	American Funds American Balanced Fund Class A	Diversified Portfolio	82	9.39%	—	Jul 1975	RLBGX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	45	8.86%	—	Jan 1934	RLBGX vs AIVSX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	38	5.48%	—	Jul 1952	RLBGX vs AWSHX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	30	8.89%	—	Dec 1973	RLBGX vs RGAGX
RERGX	American Funds EUPAC Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities, Actively Managed	48	13.57%	—	May 2009	RLBGX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities, Actively Managed	68	14.25%	—	Aug 1978	RLBGX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Global Equities, Large Cap Growth Equities, Actively Managed	28	6.46%	—	Mar 1973	RLBGX vs ANWPX
GFFFX	American Funds The Growth Fund of America Class F-...	Large Cap Growth Equities	30	8.83%	—	Dec 1973	RLBGX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend	48	5.72%	—	Dec 1973	RLBGX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	21	4.20%	—	Jan 1967	RLBGX vs AMCPX

Often Compared With RLBGX

Investors most often compare RLBGX with FXAIX, VBIAX, VOO. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FXAIX	Fidelity 500 Index Fund	S&P 500	65	9.79%	—	Feb 1988	RLBGX vs FXAIX
VBIAX	Vanguard Balanced Index Fund Admiral Shares	Diversified Portfolio	67	6.36%	64.10B	Nov 2000	RLBGX vs VBIAX
VOO	Vanguard S&P 500 ETF	S&P 500	59	8.19%	1.70T	Sep 2010	RLBGX vs VOO
AAHTX	American Funds 2045 Target Date Retirement Fund	Target Retirement Date	55	9.89%	—	Jan 2007	RLBGX vs AAHTX
SCHG	Schwab U.S. Large-Cap Growth ETF	Large Cap Growth Equities	28	1.35%	59.17B	Dec 2009	RLBGX vs SCHG
VINIX	Vanguard Institutional Index Fund Institutional Sh...	S&P 500, Large Cap Blend Equities	65	9.78%	355.20B	Jul 1990	RLBGX vs VINIX
FSNUX	Fidelity Freedom 2035 Fund Class K	Target Retirement Date	76	10.55%	—	Jul 2017	RLBGX vs FSNUX
FFLEX	Fidelity Freedom Index 2060 Fund Institutional Pre...	Target Retirement Date	70	11.89%	—	Aug 2014	RLBGX vs FFLEX
FXP	ProShares UltraShort FTSE China 50	Leveraged Equities, China Equities	14	30.56%	6.86M	Nov 2007	RLBGX vs FXP
RAFGX	American Funds AMCAP Fund Class R-6	Large Cap Growth Equities	22	4.35%	—	May 2009	RLBGX vs RAFGX
LIRIX	BlackRock LifePath Index Retirement Fund	Target Retirement Date	75	5.30%	—	May 2011	RLBGX vs LIRIX
PDGZX	PIMCO RealPath Blend 2035 Fund	Target Retirement Date	72	8.55%	—	Dec 2014	RLBGX vs PDGZX
FGTKX	Fidelity Freedom 2030 Fund Class K6	Target Retirement Date	75	9.50%	—	Oct 1996	RLBGX vs FGTKX
EFA	iShares MSCI EAFE ETF	Foreign Large Cap Equities	42	8.38%	77.82B	Aug 2001	RLBGX vs EFA
LCEAX	Invesco Diversified Dividend Fund	Large Cap Value Equities	48	6.32%	—	Dec 2001	RLBGX vs LCEAX
GSSMX	Goldman Sachs Small Cap Value Fund	Small Cap Blend Equities	69	20.89%	—	Oct 1992	RLBGX vs GSSMX
IVV	iShares Core S&P 500 ETF	S&P 500	59	8.20%	837.93B	May 2000	RLBGX vs IVV
SPSM	State Street SPDR Portfolio S&P 600 Small Cap ETF	Small Cap Blend Equities	67	19.33%	16.36B	Jul 2013	RLBGX vs SPSM
VWENX	Vanguard Wellington Fund Admiral Shares	Diversified Portfolio	65	6.13%	124.70B	May 2001	RLBGX vs VWENX
FWMIX	American Funds Washington Mutual F3	Large Cap Value Equities	39	5.62%	—	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.

Symbol name

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