ABALX vs. ANCFX
Compare and contrast key facts about American Funds American Balanced Fund Class A (ABALX) and American Funds Fundamental Investors Class A (ANCFX).
ABALX is managed by American Funds. It was launched on Jul 26, 1975. ANCFX is managed by American Funds. It was launched on Jan 8, 1978.
Performance
ABALX vs. ANCFX - Performance Comparison
Loading graphics...
ABALX vs. ANCFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ABALX American Funds American Balanced Fund Class A | -2.86% | 18.45% | 14.63% | 13.65% | -12.13% | 15.75% | 10.85% | 18.60% | -3.35% | 14.69% |
ANCFX American Funds Fundamental Investors Class A | -6.13% | 24.21% | 22.73% | 25.86% | -16.66% | 22.43% | 14.92% | 27.07% | -8.13% | 22.80% |
Returns By Period
In the year-to-date period, ABALX achieves a -2.86% return, which is significantly higher than ANCFX's -6.13% return. Over the past 10 years, ABALX has underperformed ANCFX with an annualized return of 8.98%, while ANCFX has yielded a comparatively higher 12.92% annualized return.
ABALX
- 1D
- -0.14%
- 1M
- -6.82%
- YTD
- -2.86%
- 6M
- 0.85%
- 1Y
- 15.33%
- 3Y*
- 13.40%
- 5Y*
- 8.00%
- 10Y*
- 8.98%
ANCFX
- 1D
- -0.62%
- 1M
- -9.88%
- YTD
- -6.13%
- 6M
- -2.09%
- 1Y
- 20.46%
- 3Y*
- 19.35%
- 5Y*
- 11.57%
- 10Y*
- 12.92%
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. ANCFX - Expense Ratio Comparison
ABALX has a 0.56% expense ratio, which is lower than ANCFX's 0.59% expense ratio.
Return for Risk
ABALX vs. ANCFX — Risk / Return Rank
ABALX
ANCFX
ABALX vs. ANCFX - 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 Fundamental Investors Class A (ANCFX). 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 | ANCFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.43 | 1.16 | +0.27 |
Sortino ratioReturn per unit of downside risk | 2.09 | 1.75 | +0.34 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.25 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 2.00 | 1.61 | +0.40 |
Martin ratioReturn relative to average drawdown | 8.51 | 7.19 | +1.32 |
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 | ANCFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.43 | 1.16 | +0.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.77 | 0.70 | +0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.85 | 0.73 | +0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.79 | 0.61 | +0.17 |
Correlation
The correlation between ABALX and ANCFX is 0.93, 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. ANCFX - Dividend Comparison
ABALX's dividend yield for the trailing twelve months is around 8.54%, less than ANCFX's 9.11% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABALX American Funds American Balanced Fund Class A | 8.54% | 8.27% | 6.87% | 2.05% | 2.30% | 4.30% | 4.35% | 3.49% | 5.49% | 4.72% | 4.24% | 5.60% |
ANCFX American Funds Fundamental Investors Class A | 9.11% | 8.54% | 8.90% | 5.80% | 4.98% | 10.97% | 2.61% | 6.91% | 9.31% | 7.28% | 4.71% | 6.08% |
Drawdowns
ABALX vs. ANCFX - Drawdown Comparison
The maximum ABALX drawdown since its inception was -40.20%, smaller than the maximum ANCFX drawdown of -53.29%. Use the drawdown chart below to compare losses from any high point for ABALX and ANCFX.
Loading graphics...
Drawdown Indicators
| ABALX | ANCFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.20% | -53.29% | +13.09% |
Max Drawdown (1Y)Largest decline over 1 year | -7.33% | -11.35% | +4.02% |
Max Drawdown (5Y)Largest decline over 5 years | -18.76% | -25.07% | +6.31% |
Max Drawdown (10Y)Largest decline over 10 years | -22.34% | -33.93% | +11.59% |
Current DrawdownCurrent decline from peak | -7.03% | -10.66% | +3.63% |
Average DrawdownAverage peak-to-trough decline | -3.86% | -7.34% | +3.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.73% | 2.54% | -0.81% |
Volatility
ABALX vs. ANCFX - Volatility Comparison
The current volatility for American Funds American Balanced Fund Class A (ABALX) is 3.26%, while American Funds Fundamental Investors Class A (ANCFX) has a volatility of 4.98%. This indicates that ABALX experiences smaller price fluctuations and is considered to be less risky than ANCFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| ABALX | ANCFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.26% | 4.98% | -1.72% |
Volatility (6M)Calculated over the trailing 6-month period | 6.74% | 10.64% | -3.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.11% | 17.94% | -6.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.42% | 16.67% | -6.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.61% | 17.65% | -7.04% |