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

Key characteristics


ABALXSCHD
YTD Return14.47%13.60%
1Y Return25.16%24.10%
3Y Return (Ann)6.48%7.20%
5Y Return (Ann)9.45%13.31%
10Y Return (Ann)8.79%12.02%
Sharpe Ratio3.022.19
Sortino Ratio4.333.14
Omega Ratio1.571.38
Calmar Ratio2.361.93
Martin Ratio20.2211.49
Ulcer Index1.30%2.22%
Daily Std Dev8.68%11.64%
Max Drawdown-39.31%-33.37%
Current Drawdown-0.14%-0.58%

Correlation

-0.50.00.51.00.9

The correlation between ABALX and SCHD is 0.87, 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. SCHD - Performance Comparison

In the year-to-date period, ABALX achieves a 14.47% return, which is significantly higher than SCHD's 13.60% return. Over the past 10 years, ABALX has underperformed SCHD with an annualized return of 8.79%, while SCHD has yielded a comparatively higher 12.02% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


200.00%250.00%300.00%350.00%400.00%MayJuneJulyAugustSeptemberOctober
242.55%
403.96%
ABALX
SCHD

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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.


ABALX
Sharpe ratio
The chart of Sharpe ratio for ABALX, currently valued at 3.02, compared to the broader market0.002.004.003.02
Sortino ratio
The chart of Sortino ratio for ABALX, currently valued at 4.33, compared to the broader market0.005.0010.004.33
Omega ratio
The chart of Omega ratio for ABALX, currently valued at 1.57, compared to the broader market1.002.003.004.001.57
Calmar ratio
The chart of Calmar ratio for ABALX, currently valued at 2.36, compared to the broader market0.005.0010.0015.0020.0025.002.36
Martin ratio
The chart of Martin ratio for ABALX, currently valued at 20.22, compared to the broader market0.0020.0040.0060.0080.00100.0020.22
SCHD
Sharpe ratio
The chart of Sharpe ratio for SCHD, currently valued at 2.19, compared to the broader market0.002.004.002.19
Sortino ratio
The chart of Sortino ratio for SCHD, currently valued at 3.14, compared to the broader market0.005.0010.003.14
Omega ratio
The chart of Omega ratio for SCHD, currently valued at 1.38, compared to the broader market1.002.003.004.001.38
Calmar ratio
The chart of Calmar ratio for SCHD, currently valued at 1.93, compared to the broader market0.005.0010.0015.0020.0025.001.93
Martin ratio
The chart of Martin ratio for SCHD, currently valued at 11.49, compared to the broader market0.0020.0040.0060.0080.00100.0011.49

ABALX vs. SCHD - Sharpe Ratio Comparison

The current ABALX Sharpe Ratio is 3.02, which is higher than the SCHD Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of ABALX and SCHD, offering insights into how both instruments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00MayJuneJulyAugustSeptemberOctober
3.02
2.19
ABALX
SCHD

Dividends

ABALX vs. SCHD - Dividend Comparison

ABALX's dividend yield for the trailing twelve months is around 2.16%, less than SCHD's 3.48% yield.


TTM20232022202120202019201820172016201520142013
ABALX
American Funds American Balanced Fund Class A
2.16%2.36%2.30%4.30%4.35%4.00%6.17%5.37%4.21%5.97%8.09%1.54%
SCHD
Schwab US Dividend Equity ETF
3.48%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.


-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%MayJuneJulyAugustSeptemberOctober
-0.14%
-0.58%
ABALX
SCHD

Volatility

ABALX vs. SCHD - Volatility Comparison

The current volatility for American Funds American Balanced Fund Class A (ABALX) is 1.81%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 2.39%. This indicates that ABALX experiences smaller price fluctuations and is considered to be less risky 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%MayJuneJulyAugustSeptemberOctober
1.81%
2.39%
ABALX
SCHD