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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAHTX or RLBGX.
Key characteristics
| AAHTX | RLBGX | |
|---|---|---|
| YTD Return | 17.53% | 16.66% |
| 1Y Return | 29.17% | 26.12% |
| 3Y Return (Ann) | 4.51% | 6.01% |
| 5Y Return (Ann) | 10.80% | 9.45% |
| 10Y Return (Ann) | 9.55% | 8.85% |
| Sharpe Ratio | 2.78 | 3.10 |
| Sortino Ratio | 3.82 | 4.41 |
| Omega Ratio | 1.52 | 1.59 |
| Calmar Ratio | 2.39 | 3.51 |
| Martin Ratio | 18.67 | 21.72 |
| Ulcer Index | 1.57% | 1.21% |
| Daily Std Dev | 10.56% | 8.48% |
| Max Drawdown | -48.86% | -22.33% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between AAHTX and RLBGX is 0.95, 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
AAHTX vs. RLBGX - Performance Comparison
The year-to-date returns for both stocks are quite close, with AAHTX having a 17.53% return and RLBGX slightly lower at 16.66%. Over the past 10 years, AAHTX has outperformed RLBGX with an annualized return of 9.55%, while RLBGX has yielded a comparatively lower 8.85% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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.
Risk-Adjusted Performance
AAHTX vs. RLBGX - Risk-Adjusted Performance 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.
Dividends
AAHTX vs. RLBGX - Dividend Comparison
AAHTX's dividend yield for the trailing twelve months is around 1.17%, less than RLBGX's 2.41% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAHTX American Funds 2045 Target Date Retirement Fund | 1.17% | 1.38% | 0.86% | 0.72% | 0.71% | 0.95% | 1.03% | 0.80% | 0.95% | 0.67% | 4.47% | 3.12% |
RLBGX American Funds American Balanced Fund Class R-6 | 2.41% | 2.66% | 2.02% | 1.50% | 1.63% | 2.20% | 2.41% | 2.07% | 2.07% | 2.84% | 8.51% | 1.83% |
Drawdowns
AAHTX vs. RLBGX - Drawdown Comparison
The maximum AAHTX drawdown since its inception was -48.86%, 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. For additional features, visit the drawdowns tool.
Volatility
AAHTX vs. RLBGX - Volatility Comparison
American Funds 2045 Target Date Retirement Fund (AAHTX) has a higher volatility of 2.85% compared to American Funds American Balanced Fund Class R-6 (RLBGX) at 2.38%. 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.