AAATX vs. ABALX
Compare and contrast key facts about American Funds 2010 Target Date Retirement Fund (AAATX) and American Funds American Balanced Fund Class A (ABALX).
AAATX is managed by American Funds. It was launched on Jan 31, 2007. ABALX is managed by American Funds. It was launched on Jul 26, 1975.
Performance
AAATX vs. ABALX - Performance Comparison
Loading graphics...
AAATX vs. ABALX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AAATX American Funds 2010 Target Date Retirement Fund | 0.08% | 12.73% | 7.83% | 8.44% | -9.50% | 9.02% | 8.84% | 13.51% | -2.85% | 9.97% |
ABALX American Funds American Balanced Fund Class A | -1.12% | 18.45% | 14.63% | 13.65% | -12.13% | 15.75% | 10.85% | 18.60% | -3.35% | 14.69% |
Returns By Period
In the year-to-date period, AAATX achieves a 0.08% return, which is significantly higher than ABALX's -1.12% return. Over the past 10 years, AAATX has underperformed ABALX with an annualized return of 6.00%, while ABALX has yielded a comparatively higher 9.17% annualized return.
AAATX
- 1D
- 0.91%
- 1M
- -2.93%
- YTD
- 0.08%
- 6M
- 1.69%
- 1Y
- 9.70%
- 3Y*
- 8.78%
- 5Y*
- 4.88%
- 10Y*
- 6.00%
ABALX
- 1D
- 1.79%
- 1M
- -4.88%
- YTD
- -1.12%
- 6M
- 2.08%
- 1Y
- 16.95%
- 3Y*
- 14.07%
- 5Y*
- 8.20%
- 10Y*
- 9.17%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AAATX vs. ABALX - Expense Ratio Comparison
AAATX has a 0.34% expense ratio, which is lower than ABALX's 0.56% expense ratio.
Return for Risk
AAATX vs. ABALX — Risk / Return Rank
AAATX
ABALX
AAATX vs. ABALX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds 2010 Target Date Retirement Fund (AAATX) and American Funds American Balanced Fund Class A (ABALX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| AAATX | ABALX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.62 | 1.56 | +0.06 |
Sortino ratioReturn per unit of downside risk | 2.22 | 2.28 | -0.06 |
Omega ratioGain probability vs. loss probability | 1.34 | 1.32 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 2.27 | 2.43 | -0.17 |
Martin ratioReturn relative to average drawdown | 9.09 | 10.15 | -1.06 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| AAATX | ABALX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.62 | 1.56 | +0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.75 | 0.79 | -0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.90 | 0.87 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.79 | -0.25 |
Correlation
The correlation between AAATX and ABALX is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
AAATX vs. ABALX - Dividend Comparison
AAATX's dividend yield for the trailing twelve months is around 6.83%, less than ABALX's 8.39% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAATX American Funds 2010 Target Date Retirement Fund | 6.83% | 6.84% | 5.16% | 3.53% | 3.41% | 3.78% | 3.72% | 3.48% | 3.79% | 2.51% | 2.67% | 4.60% |
ABALX American Funds American Balanced Fund Class A | 8.39% | 8.27% | 6.87% | 2.05% | 2.30% | 4.30% | 4.35% | 3.49% | 5.49% | 4.72% | 4.24% | 5.60% |
Drawdowns
AAATX vs. ABALX - Drawdown Comparison
The maximum AAATX drawdown since its inception was -40.44%, roughly equal to the maximum ABALX drawdown of -40.20%. Use the drawdown chart below to compare losses from any high point for AAATX and ABALX.
Loading graphics...
Drawdown Indicators
| AAATX | ABALX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.44% | -40.20% | -0.24% |
Max Drawdown (1Y)Largest decline over 1 year | -4.52% | -7.33% | +2.81% |
Max Drawdown (5Y)Largest decline over 5 years | -14.99% | -18.76% | +3.77% |
Max Drawdown (10Y)Largest decline over 10 years | -15.13% | -22.34% | +7.21% |
Current DrawdownCurrent decline from peak | -3.31% | -5.37% | +2.06% |
Average DrawdownAverage peak-to-trough decline | -4.38% | -3.86% | -0.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.13% | 1.76% | -0.63% |
Volatility
AAATX vs. ABALX - Volatility Comparison
The current volatility for American Funds 2010 Target Date Retirement Fund (AAATX) is 2.38%, while American Funds American Balanced Fund Class A (ABALX) has a volatility of 3.89%. This indicates that AAATX experiences smaller price fluctuations and is considered to be less risky than ABALX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| AAATX | ABALX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.38% | 3.89% | -1.51% |
Volatility (6M)Calculated over the trailing 6-month period | 3.64% | 6.96% | -3.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.15% | 11.22% | -5.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.51% | 10.45% | -3.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.67% | 10.63% | -3.96% |