ABALX vs. AOM
Compare and contrast key facts about American Funds American Balanced Fund Class A (ABALX) and iShares Core Moderate Allocation ETF (AOM).
ABALX is managed by American Funds. It was launched on Jul 26, 1975. AOM is a passively managed fund by iShares that tracks the performance of the S&P Target Risk Moderate. It was launched on Nov 4, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ABALX or AOM.
Correlation
The correlation between ABALX and AOM is 0.82, 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
ABALX vs. AOM - Performance Comparison
Key characteristics
ABALX:
0.40
AOM:
1.01
ABALX:
0.62
AOM:
1.49
ABALX:
1.09
AOM:
1.20
ABALX:
0.39
AOM:
1.30
ABALX:
1.29
AOM:
5.46
ABALX:
3.97%
AOM:
1.55%
ABALX:
12.69%
AOM:
8.39%
ABALX:
-39.31%
AOM:
-19.96%
ABALX:
-8.11%
AOM:
-2.22%
Returns By Period
In the year-to-date period, ABALX achieves a -1.52% return, which is significantly lower than AOM's 0.63% return. Over the past 10 years, ABALX has outperformed AOM with an annualized return of 4.81%, while AOM has yielded a comparatively lower 4.42% annualized return.
ABALX
-1.52%
-2.88%
-5.67%
4.22%
6.64%
4.81%
AOM
0.63%
-1.14%
0.15%
8.01%
5.30%
4.42%
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ABALX vs. AOM - Expense Ratio Comparison
ABALX has a 0.56% expense ratio, which is higher than AOM's 0.25% expense ratio.
Risk-Adjusted Performance
ABALX vs. AOM — Risk-Adjusted Performance Rank
ABALX
AOM
ABALX vs. AOM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds American Balanced Fund Class A (ABALX) and iShares Core Moderate Allocation ETF (AOM). 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
ABALX vs. AOM - Dividend Comparison
ABALX's dividend yield for the trailing twelve months is around 2.14%, less than AOM's 3.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABALX American Funds American Balanced Fund Class A | 2.14% | 2.10% | 2.36% | 1.69% | 1.20% | 1.32% | 1.91% | 2.10% | 1.79% | 1.77% | 2.48% | 8.15% |
AOM iShares Core Moderate Allocation ETF | 3.16% | 3.10% | 2.79% | 2.27% | 1.56% | 2.02% | 2.66% | 2.53% | 3.31% | 2.14% | 1.98% | 2.08% |
Drawdowns
ABALX vs. AOM - Drawdown Comparison
The maximum ABALX drawdown since its inception was -39.31%, which is greater than AOM's maximum drawdown of -19.96%. Use the drawdown chart below to compare losses from any high point for ABALX and AOM. For additional features, visit the drawdowns tool.
Volatility
ABALX vs. AOM - Volatility Comparison
American Funds American Balanced Fund Class A (ABALX) has a higher volatility of 8.06% compared to iShares Core Moderate Allocation ETF (AOM) at 5.69%. This indicates that ABALX's price experiences larger fluctuations and is considered to be riskier than AOM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.