ABALX vs. AALTX
Compare and contrast key facts about American Funds American Balanced Fund Class A (ABALX) and American Funds 2050 Target Date Retirement Fund (AALTX).
ABALX is managed by American Funds. It was launched on Jul 26, 1975. AALTX is managed by American Funds. It was launched on Jan 31, 2007.
Performance
ABALX vs. AALTX - Performance Comparison
Loading graphics...
ABALX vs. AALTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
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% |
Returns By Period
In the year-to-date period, ABALX achieves a -1.12% return, which is significantly higher than AALTX's -3.14% return. Over the past 10 years, ABALX has underperformed AALTX with an annualized return of 9.17%, while AALTX has yielded a comparatively higher 10.80% annualized return.
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%
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%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ABALX vs. AALTX - Expense Ratio Comparison
ABALX has a 0.56% expense ratio, which is higher than AALTX's 0.33% expense ratio.
Return for Risk
ABALX vs. AALTX — Risk / Return Rank
ABALX
AALTX
ABALX vs. AALTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds American Balanced Fund Class A (ABALX) and American Funds 2050 Target Date Retirement Fund (AALTX). 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.
| ABALX | AALTX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.56 | 1.23 | +0.33 |
Sortino ratioReturn per unit of downside risk | 2.28 | 1.82 | +0.46 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.26 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 2.43 | 1.80 | +0.63 |
Martin ratioReturn relative to average drawdown | 10.15 | 7.77 | +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
| ABALX | AALTX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.56 | 1.23 | +0.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.79 | 0.54 | +0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.87 | 0.73 | +0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.79 | 0.50 | +0.29 |
Correlation
The correlation between ABALX and AALTX 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
ABALX vs. AALTX - Dividend Comparison
ABALX's dividend yield for the trailing twelve months is around 8.39%, more than AALTX's 6.00% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
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% |
Drawdowns
ABALX vs. AALTX - Drawdown Comparison
The maximum ABALX drawdown since its inception was -40.20%, smaller than the maximum AALTX drawdown of -50.02%. Use the drawdown chart below to compare losses from any high point for ABALX and AALTX.
Loading graphics...
Drawdown Indicators
| ABALX | AALTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.20% | -50.02% | +9.82% |
Max Drawdown (1Y)Largest decline over 1 year | -7.33% | -9.98% | +2.65% |
Max Drawdown (5Y)Largest decline over 5 years | -18.76% | -26.68% | +7.92% |
Max Drawdown (10Y)Largest decline over 10 years | -22.34% | -29.30% | +6.96% |
Current DrawdownCurrent decline from peak | -5.37% | -7.09% | +1.72% |
Average DrawdownAverage peak-to-trough decline | -3.86% | -7.23% | +3.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.76% | 2.32% | -0.56% |
Volatility
ABALX vs. AALTX - Volatility Comparison
The current volatility for American Funds American Balanced Fund Class A (ABALX) is 3.89%, while American Funds 2050 Target Date Retirement Fund (AALTX) has a volatility of 5.39%. This indicates that ABALX experiences smaller price fluctuations and is considered to be less risky than AALTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| ABALX | AALTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.89% | 5.39% | -1.50% |
Volatility (6M)Calculated over the trailing 6-month period | 6.96% | 9.02% | -2.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.22% | 14.79% | -3.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.45% | 14.21% | -3.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.63% | 14.82% | -4.19% |