ABALX vs. SVBAX
Compare and contrast key facts about American Funds American Balanced Fund Class A (ABALX) and John Hancock Balanced Fund (SVBAX).
ABALX is managed by American Funds. It was launched on Jul 26, 1975. SVBAX is managed by John Hancock. It was launched on Oct 4, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ABALX or SVBAX.
Correlation
The correlation between ABALX and SVBAX is 0.89, 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. SVBAX - Performance Comparison
Key characteristics
ABALX:
0.09
SVBAX:
-0.05
ABALX:
0.20
SVBAX:
0.01
ABALX:
1.03
SVBAX:
1.00
ABALX:
0.09
SVBAX:
-0.04
ABALX:
0.29
SVBAX:
-0.16
ABALX:
3.84%
SVBAX:
3.45%
ABALX:
12.58%
SVBAX:
11.70%
ABALX:
-39.31%
SVBAX:
-40.82%
ABALX:
-11.43%
SVBAX:
-11.37%
Returns By Period
In the year-to-date period, ABALX achieves a -5.09% return, which is significantly higher than SVBAX's -6.68% return. Over the past 10 years, ABALX has underperformed SVBAX with an annualized return of 4.40%, while SVBAX has yielded a comparatively higher 4.87% annualized return.
ABALX
-5.09%
-5.72%
-9.61%
1.77%
6.04%
4.40%
SVBAX
-6.68%
-6.16%
-7.58%
0.26%
7.16%
4.87%
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ABALX vs. SVBAX - Expense Ratio Comparison
ABALX has a 0.56% expense ratio, which is lower than SVBAX's 1.03% expense ratio.
Risk-Adjusted Performance
ABALX vs. SVBAX — Risk-Adjusted Performance Rank
ABALX
SVBAX
ABALX vs. SVBAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds American Balanced Fund Class A (ABALX) and John Hancock Balanced Fund (SVBAX). 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. SVBAX - Dividend Comparison
ABALX's dividend yield for the trailing twelve months is around 2.22%, more than SVBAX's 1.74% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABALX American Funds American Balanced Fund Class A | 2.22% | 2.10% | 2.36% | 1.69% | 1.20% | 1.32% | 1.91% | 2.10% | 1.79% | 1.77% | 2.48% | 8.15% |
SVBAX John Hancock Balanced Fund | 1.74% | 1.52% | 1.49% | 1.60% | 1.07% | 1.32% | 1.49% | 1.91% | 1.65% | 1.71% | 2.10% | 2.15% |
Drawdowns
ABALX vs. SVBAX - Drawdown Comparison
The maximum ABALX drawdown since its inception was -39.31%, roughly equal to the maximum SVBAX drawdown of -40.82%. Use the drawdown chart below to compare losses from any high point for ABALX and SVBAX. For additional features, visit the drawdowns tool.
Volatility
ABALX vs. SVBAX - Volatility Comparison
American Funds American Balanced Fund Class A (ABALX) and John Hancock Balanced Fund (SVBAX) have volatilities of 7.70% and 7.70%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.