AAHTX vs. RLBGX
Compare and contrast key facts about American Funds 2045 Target Date Retirement Fund (AAHTX) and American Funds American Balanced Fund Class R-6 (RLBGX).
AAHTX is managed by American Funds. It was launched on Jan 31, 2007. RLBGX is managed by American Funds. It was launched on Jul 26, 1975.
Performance
AAHTX vs. RLBGX - Performance Comparison
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AAHTX vs. RLBGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AAHTX American Funds 2045 Target Date Retirement Fund | -2.93% | 20.01% | 14.82% | 19.74% | -18.40% | 16.83% | 18.79% | 24.33% | -5.92% | 22.02% |
RLBGX American Funds American Balanced Fund Class R-6 | -1.07% | 18.83% | 15.35% | 13.92% | -11.85% | 16.10% | 11.20% | 18.95% | -3.07% | 14.97% |
Returns By Period
In the year-to-date period, AAHTX achieves a -2.93% return, which is significantly lower than RLBGX's -1.07% return. Over the past 10 years, AAHTX has outperformed RLBGX with an annualized return of 10.76%, while RLBGX has yielded a comparatively lower 9.52% annualized return.
AAHTX
- 1D
- 2.52%
- 1M
- -6.12%
- YTD
- -2.93%
- 6M
- -0.45%
- 1Y
- 17.38%
- 3Y*
- 14.82%
- 5Y*
- 7.72%
- 10Y*
- 10.76%
RLBGX
- 1D
- 1.76%
- 1M
- -4.85%
- YTD
- -1.07%
- 6M
- 2.20%
- 1Y
- 17.26%
- 3Y*
- 14.51%
- 5Y*
- 8.58%
- 10Y*
- 9.52%
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AAHTX vs. RLBGX - Expense Ratio Comparison
AAHTX has a 0.33% expense ratio, which is higher than RLBGX's 0.25% expense ratio.
Return for Risk
AAHTX vs. RLBGX — Risk / Return Rank
AAHTX
RLBGX
AAHTX vs. RLBGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds 2045 Target Date Retirement Fund (AAHTX) and American Funds American Balanced Fund Class R-6 (RLBGX). 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.
| AAHTX | RLBGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.25 | 1.59 | -0.34 |
Sortino ratioReturn per unit of downside risk | 1.85 | 2.33 | -0.48 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.33 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 1.82 | 2.48 | -0.66 |
Martin ratioReturn relative to average drawdown | 7.88 | 10.39 | -2.51 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AAHTX | RLBGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.25 | 1.59 | -0.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.56 | 0.83 | -0.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.74 | 0.90 | -0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.92 | -0.42 |
Correlation
The correlation between AAHTX and RLBGX is 0.96, 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
AAHTX vs. RLBGX - Dividend Comparison
AAHTX's dividend yield for the trailing twelve months is around 6.03%, less than RLBGX's 8.69% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAHTX American Funds 2045 Target Date Retirement Fund | 6.03% | 5.85% | 3.37% | 2.46% | 6.75% | 4.62% | 3.19% | 4.24% | 4.85% | 2.33% | 3.50% | 4.74% |
RLBGX American Funds American Balanced Fund Class R-6 | 8.69% | 8.56% | 7.50% | 2.27% | 2.63% | 4.59% | 4.65% | 3.78% | 5.81% | 4.92% | 4.54% | 5.91% |
Drawdowns
AAHTX vs. RLBGX - Drawdown Comparison
The maximum AAHTX drawdown since its inception was -50.05%, which is greater than RLBGX's maximum drawdown of -22.33%. Use the drawdown chart below to compare losses from any high point for AAHTX and RLBGX.
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Drawdown Indicators
| AAHTX | RLBGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.05% | -22.33% | -27.72% |
Max Drawdown (1Y)Largest decline over 1 year | -9.81% | -7.33% | -2.48% |
Max Drawdown (5Y)Largest decline over 5 years | -25.83% | -18.59% | -7.24% |
Max Drawdown (10Y)Largest decline over 10 years | -28.92% | -22.33% | -6.59% |
Current DrawdownCurrent decline from peak | -6.91% | -5.34% | -1.57% |
Average DrawdownAverage peak-to-trough decline | -7.14% | -2.48% | -4.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.26% | 1.75% | +0.51% |
Volatility
AAHTX vs. RLBGX - Volatility Comparison
American Funds 2045 Target Date Retirement Fund (AAHTX) has a higher volatility of 5.21% compared to American Funds American Balanced Fund Class R-6 (RLBGX) at 3.86%. This indicates that AAHTX's price experiences larger fluctuations and is considered to be riskier than RLBGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AAHTX | RLBGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.21% | 3.86% | +1.35% |
Volatility (6M)Calculated over the trailing 6-month period | 8.76% | 6.95% | +1.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.38% | 11.19% | +3.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.89% | 10.45% | +3.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.54% | 10.63% | +3.91% |