PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
AABTX vs. MACPX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


AABTXMACPX
YTD Return8.99%13.84%
1Y Return19.47%28.02%
3Y Return (Ann)2.71%4.90%
5Y Return (Ann)5.76%10.18%
10Y Return (Ann)5.51%8.94%
Sharpe Ratio3.483.43
Sortino Ratio5.324.83
Omega Ratio1.731.71
Calmar Ratio1.832.32
Martin Ratio25.3724.75
Ulcer Index0.78%1.17%
Daily Std Dev5.71%8.42%
Max Drawdown-42.44%-41.75%
Current Drawdown-1.14%-1.08%

Correlation

-0.50.00.51.00.9

The correlation between AABTX and MACPX is 0.91, 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.

Performance

AABTX vs. MACPX - Performance Comparison

In the year-to-date period, AABTX achieves a 8.99% return, which is significantly lower than MACPX's 13.84% return. Over the past 10 years, AABTX has underperformed MACPX with an annualized return of 5.51%, while MACPX has yielded a comparatively higher 8.94% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%2.00%4.00%6.00%8.00%10.00%12.00%MayJuneJulyAugustSeptemberOctober
8.54%
10.92%
AABTX
MACPX

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


AABTX vs. MACPX - Expense Ratio Comparison

AABTX has a 0.33% expense ratio, which is lower than MACPX's 0.50% expense ratio.


MACPX
BlackRock Sustainable Balanced Fund
Expense ratio chart for MACPX: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%
Expense ratio chart for AABTX: current value at 0.33% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.33%

Risk-Adjusted Performance

AABTX vs. MACPX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds 2015 Target Date Retirement Fund (AABTX) and BlackRock Sustainable Balanced Fund (MACPX). 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.


AABTX
Sharpe ratio
The chart of Sharpe ratio for AABTX, currently valued at 3.48, compared to the broader market-2.000.002.004.003.48
Sortino ratio
The chart of Sortino ratio for AABTX, currently valued at 5.32, compared to the broader market0.005.0010.005.32
Omega ratio
The chart of Omega ratio for AABTX, currently valued at 1.73, compared to the broader market1.002.003.004.001.73
Calmar ratio
The chart of Calmar ratio for AABTX, currently valued at 1.83, compared to the broader market0.005.0010.0015.0020.001.83
Martin ratio
The chart of Martin ratio for AABTX, currently valued at 25.37, compared to the broader market0.0020.0040.0060.0080.00100.0025.37
MACPX
Sharpe ratio
The chart of Sharpe ratio for MACPX, currently valued at 3.43, compared to the broader market-2.000.002.004.003.43
Sortino ratio
The chart of Sortino ratio for MACPX, currently valued at 4.83, compared to the broader market0.005.0010.004.83
Omega ratio
The chart of Omega ratio for MACPX, currently valued at 1.71, compared to the broader market1.002.003.004.001.71
Calmar ratio
The chart of Calmar ratio for MACPX, currently valued at 2.32, compared to the broader market0.005.0010.0015.0020.002.32
Martin ratio
The chart of Martin ratio for MACPX, currently valued at 24.75, compared to the broader market0.0020.0040.0060.0080.00100.0024.75

AABTX vs. MACPX - Sharpe Ratio Comparison

The current AABTX Sharpe Ratio is 3.48, which is comparable to the MACPX Sharpe Ratio of 3.43. The chart below compares the historical Sharpe Ratios of AABTX and MACPX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50MayJuneJulyAugustSeptemberOctober
3.48
3.43
AABTX
MACPX

Dividends

AABTX vs. MACPX - Dividend Comparison

AABTX's dividend yield for the trailing twelve months is around 3.23%, less than MACPX's 3.61% yield.


TTM20232022202120202019201820172016201520142013
AABTX
American Funds 2015 Target Date Retirement Fund
3.23%3.52%3.72%4.95%4.07%4.05%4.28%2.71%3.02%5.56%5.32%5.11%
MACPX
BlackRock Sustainable Balanced Fund
3.61%3.00%3.91%15.50%4.32%5.49%8.12%19.65%4.94%5.32%14.17%10.80%

Drawdowns

AABTX vs. MACPX - Drawdown Comparison

The maximum AABTX drawdown since its inception was -42.44%, roughly equal to the maximum MACPX drawdown of -41.75%. Use the drawdown chart below to compare losses from any high point for AABTX and MACPX. For additional features, visit the drawdowns tool.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%MayJuneJulyAugustSeptemberOctober
-1.14%
-1.08%
AABTX
MACPX

Volatility

AABTX vs. MACPX - Volatility Comparison

The current volatility for American Funds 2015 Target Date Retirement Fund (AABTX) is 1.06%, while BlackRock Sustainable Balanced Fund (MACPX) has a volatility of 1.46%. This indicates that AABTX experiences smaller price fluctuations and is considered to be less risky than MACPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%MayJuneJulyAugustSeptemberOctober
1.06%
1.46%
AABTX
MACPX