AAOTX vs. ABALX
Compare and contrast key facts about American Funds 2065 Target Date Retirement Fund Class A (AAOTX) and American Funds American Balanced Fund Class A (ABALX).
AAOTX is managed by American Funds. ABALX is managed by American Funds. It was launched on Jul 26, 1975.
Performance
AAOTX vs. ABALX - Performance Comparison
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AAOTX vs. ABALX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
AAOTX American Funds 2065 Target Date Retirement Fund Class A | -3.44% | 20.36% | 15.20% | 21.16% | -19.94% | 16.85% | 46.68% |
ABALX American Funds American Balanced Fund Class A | -1.12% | 18.45% | 14.63% | 13.65% | -12.13% | 15.75% | 27.15% |
Returns By Period
In the year-to-date period, AAOTX achieves a -3.44% return, which is significantly lower than ABALX's -1.12% return.
AAOTX
- 1D
- 2.76%
- 1M
- -6.48%
- YTD
- -3.44%
- 6M
- -0.89%
- 1Y
- 18.05%
- 3Y*
- 15.12%
- 5Y*
- 7.56%
- 10Y*
- —
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%
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AAOTX vs. ABALX - Expense Ratio Comparison
AAOTX has a 0.73% expense ratio, which is higher than ABALX's 0.56% expense ratio.
Return for Risk
AAOTX vs. ABALX — Risk / Return Rank
AAOTX
ABALX
AAOTX vs. ABALX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds 2065 Target Date Retirement Fund Class A (AAOTX) 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.
| AAOTX | ABALX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.22 | 1.56 | -0.34 |
Sortino ratioReturn per unit of downside risk | 1.82 | 2.28 | -0.47 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.32 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 1.81 | 2.43 | -0.63 |
Martin ratioReturn relative to average drawdown | 7.73 | 10.15 | -2.42 |
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
| AAOTX | ABALX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.22 | 1.56 | -0.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | 0.79 | -0.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.87 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.95 | 0.79 | +0.16 |
Correlation
The correlation between AAOTX 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
AAOTX vs. ABALX - Dividend Comparison
AAOTX's dividend yield for the trailing twelve months is around 4.56%, less than ABALX's 8.39% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAOTX American Funds 2065 Target Date Retirement Fund Class A | 4.56% | 4.41% | 2.52% | 1.71% | 3.67% | 1.34% | 0.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
AAOTX vs. ABALX - Drawdown Comparison
The maximum AAOTX drawdown since its inception was -27.57%, smaller than the maximum ABALX drawdown of -40.20%. Use the drawdown chart below to compare losses from any high point for AAOTX and ABALX.
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Drawdown Indicators
| AAOTX | ABALX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.57% | -40.20% | +12.63% |
Max Drawdown (1Y)Largest decline over 1 year | -10.23% | -7.33% | -2.90% |
Max Drawdown (5Y)Largest decline over 5 years | -27.57% | -18.76% | -8.81% |
Max Drawdown (10Y)Largest decline over 10 years | — | -22.34% | — |
Current DrawdownCurrent decline from peak | -7.33% | -5.37% | -1.96% |
Average DrawdownAverage peak-to-trough decline | -6.16% | -3.86% | -2.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.39% | 1.76% | +0.63% |
Volatility
AAOTX vs. ABALX - Volatility Comparison
American Funds 2065 Target Date Retirement Fund Class A (AAOTX) has a higher volatility of 5.61% compared to American Funds American Balanced Fund Class A (ABALX) at 3.89%. This indicates that AAOTX'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.
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Volatility by Period
| AAOTX | ABALX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.61% | 3.89% | +1.72% |
Volatility (6M)Calculated over the trailing 6-month period | 9.43% | 6.96% | +2.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.33% | 11.22% | +4.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.62% | 10.45% | +4.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.10% | 10.63% | +4.47% |