AALTX vs. ABALX
Compare and contrast key facts about American Funds 2050 Target Date Retirement Fund (AALTX) and American Funds American Balanced Fund Class A (ABALX).
AALTX 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
AALTX vs. ABALX - Performance Comparison
Loading graphics...
AALTX vs. ABALX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AALTX American Funds 2050 Target Date Retirement Fund | -3.14% | 20.06% | 15.09% | 20.34% | -19.14% | 16.96% | 19.07% | 24.59% | -5.87% | 22.18% |
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, AALTX achieves a -3.14% return, which is significantly lower than ABALX's -1.12% return. Over the past 10 years, AALTX has outperformed ABALX with an annualized return of 10.80%, while ABALX has yielded a comparatively lower 9.17% annualized return.
AALTX
- 1D
- 2.61%
- 1M
- -6.25%
- YTD
- -3.14%
- 6M
- -0.66%
- 1Y
- 17.54%
- 3Y*
- 14.94%
- 5Y*
- 7.65%
- 10Y*
- 10.80%
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.
AALTX vs. ABALX - Expense Ratio Comparison
AALTX has a 0.33% expense ratio, which is lower than ABALX's 0.56% expense ratio.
Return for Risk
AALTX vs. ABALX — Risk / Return Rank
AALTX
ABALX
AALTX vs. ABALX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds 2050 Target Date Retirement Fund (AALTX) 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.
| AALTX | ABALX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.23 | 1.56 | -0.33 |
Sortino ratioReturn per unit of downside risk | 1.82 | 2.28 | -0.46 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.32 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.80 | 2.43 | -0.63 |
Martin ratioReturn relative to average drawdown | 7.77 | 10.15 | -2.38 |
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
| AALTX | ABALX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.23 | 1.56 | -0.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 0.79 | -0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | 0.87 | -0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.79 | -0.29 |
Correlation
The correlation between AALTX and ABALX 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
AALTX vs. ABALX - Dividend Comparison
AALTX's dividend yield for the trailing twelve months is around 6.00%, less than ABALX's 8.39% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AALTX American Funds 2050 Target Date Retirement Fund | 6.00% | 5.81% | 3.33% | 2.36% | 7.07% | 4.32% | 3.13% | 4.17% | 4.77% | 2.36% | 3.53% | 4.85% |
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
AALTX vs. ABALX - Drawdown Comparison
The maximum AALTX drawdown since its inception was -50.02%, which is greater than ABALX's maximum drawdown of -40.20%. Use the drawdown chart below to compare losses from any high point for AALTX and ABALX.
Loading graphics...
Drawdown Indicators
| AALTX | ABALX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.02% | -40.20% | -9.82% |
Max Drawdown (1Y)Largest decline over 1 year | -9.98% | -7.33% | -2.65% |
Max Drawdown (5Y)Largest decline over 5 years | -26.68% | -18.76% | -7.92% |
Max Drawdown (10Y)Largest decline over 10 years | -29.30% | -22.34% | -6.96% |
Current DrawdownCurrent decline from peak | -7.09% | -5.37% | -1.72% |
Average DrawdownAverage peak-to-trough decline | -7.23% | -3.86% | -3.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.32% | 1.76% | +0.56% |
Volatility
AALTX vs. ABALX - Volatility Comparison
American Funds 2050 Target Date Retirement Fund (AALTX) has a higher volatility of 5.39% compared to American Funds American Balanced Fund Class A (ABALX) at 3.89%. This indicates that AALTX's price experiences larger fluctuations and is considered to be riskier than ABALX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| AALTX | ABALX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.39% | 3.89% | +1.50% |
Volatility (6M)Calculated over the trailing 6-month period | 9.02% | 6.96% | +2.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.79% | 11.22% | +3.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.21% | 10.45% | +3.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.82% | 10.63% | +4.19% |