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ABALX vs. SCHD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ABALX and SCHD is 0.86, 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.


-0.50.00.51.00.9

Performance

ABALX vs. SCHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds American Balanced Fund Class A (ABALX) and Schwab US Dividend Equity ETF (SCHD). The values are adjusted to include any dividend payments, if applicable.

200.00%250.00%300.00%350.00%400.00%JulyAugustSeptemberOctoberNovemberDecember
224.51%
394.81%
ABALX
SCHD

Key characteristics

Sharpe Ratio

ABALX:

0.97

SCHD:

1.20

Sortino Ratio

ABALX:

1.25

SCHD:

1.76

Omega Ratio

ABALX:

1.20

SCHD:

1.21

Calmar Ratio

ABALX:

1.18

SCHD:

1.69

Martin Ratio

ABALX:

6.12

SCHD:

5.86

Ulcer Index

ABALX:

1.60%

SCHD:

2.30%

Daily Std Dev

ABALX:

10.12%

SCHD:

11.25%

Max Drawdown

ABALX:

-39.31%

SCHD:

-33.37%

Current Drawdown

ABALX:

-7.61%

SCHD:

-6.72%

Returns By Period

In the year-to-date period, ABALX achieves a 8.45% return, which is significantly lower than SCHD's 11.54% return. Over the past 10 years, ABALX has underperformed SCHD with an annualized return of 8.16%, while SCHD has yielded a comparatively higher 10.86% annualized return.


ABALX

YTD

8.45%

1M

-5.34%

6M

-0.56%

1Y

9.06%

5Y*

6.93%

10Y*

8.16%

SCHD

YTD

11.54%

1M

-4.06%

6M

7.86%

1Y

12.63%

5Y*

10.97%

10Y*

10.86%

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. SCHD - Expense Ratio Comparison

ABALX has a 0.56% expense ratio, which is higher than SCHD's 0.06% expense ratio.


ABALX
American Funds American Balanced Fund Class A
Expense ratio chart for ABALX: current value at 0.56% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.56%
Expense ratio chart for SCHD: current value at 0.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.06%

Risk-Adjusted Performance

ABALX vs. SCHD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds American Balanced Fund Class A (ABALX) and Schwab US Dividend Equity ETF (SCHD). 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.


Sharpe ratio
The chart of Sharpe ratio for ABALX, currently valued at 0.97, compared to the broader market-1.000.001.002.003.004.000.971.20
The chart of Sortino ratio for ABALX, currently valued at 1.25, compared to the broader market-2.000.002.004.006.008.0010.001.251.76
The chart of Omega ratio for ABALX, currently valued at 1.20, compared to the broader market0.501.001.502.002.503.003.501.201.21
The chart of Calmar ratio for ABALX, currently valued at 1.18, compared to the broader market0.002.004.006.008.0010.0012.0014.001.181.69
The chart of Martin ratio for ABALX, currently valued at 6.12, compared to the broader market0.0020.0040.0060.006.125.86
ABALX
SCHD

The current ABALX Sharpe Ratio is 0.97, which is comparable to the SCHD Sharpe Ratio of 1.20. The chart below compares the historical Sharpe Ratios of ABALX and SCHD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
0.97
1.20
ABALX
SCHD

Dividends

ABALX vs. SCHD - Dividend Comparison

ABALX's dividend yield for the trailing twelve months is around 0.96%, less than SCHD's 3.64% yield.


TTM20232022202120202019201820172016201520142013
ABALX
American Funds American Balanced Fund Class A
0.96%2.36%1.69%1.20%1.32%1.91%2.10%1.79%1.77%2.47%8.09%1.54%
SCHD
Schwab US Dividend Equity ETF
3.64%3.49%3.39%2.78%3.16%2.98%3.06%2.63%2.89%2.97%2.63%2.47%

Drawdowns

ABALX vs. SCHD - Drawdown Comparison

The maximum ABALX drawdown since its inception was -39.31%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for ABALX and SCHD. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.61%
-6.72%
ABALX
SCHD

Volatility

ABALX vs. SCHD - Volatility Comparison

American Funds American Balanced Fund Class A (ABALX) has a higher volatility of 6.16% compared to Schwab US Dividend Equity ETF (SCHD) at 3.88%. This indicates that ABALX's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
6.16%
3.88%
ABALX
SCHD
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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