Correlation
The correlation between AFMBX and AFMFX is 0.90, 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.
AFMBX vs. AFMFX
Compare and contrast key facts about American Funds American Balanced Fund Class F-3 (AFMBX) and American Funds American Mutual Fund Class F-3 (AFMFX).
AFMBX is managed by American Funds. It was launched on Jul 26, 1975. AFMFX is managed by American Funds. It was launched on Feb 21, 1950.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AFMBX or AFMFX.
Performance
AFMBX vs. AFMFX - Performance Comparison
Loading data...
Key characteristics
AFMBX:
0.63
AFMFX:
0.66
AFMBX:
0.81
AFMFX:
0.89
AFMBX:
1.12
AFMFX:
1.14
AFMBX:
0.53
AFMFX:
0.59
AFMBX:
1.62
AFMFX:
1.86
AFMBX:
4.28%
AFMFX:
4.85%
AFMBX:
12.71%
AFMFX:
15.22%
AFMBX:
-22.34%
AFMFX:
-29.79%
AFMBX:
-3.37%
AFMFX:
-4.00%
Returns By Period
In the year-to-date period, AFMBX achieves a 3.53% return, which is significantly lower than AFMFX's 4.85% return.
AFMBX
3.53%
3.97%
-2.72%
8.02%
7.32%
7.15%
N/A
AFMFX
4.85%
4.50%
-4.00%
10.00%
6.12%
10.04%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AFMBX vs. AFMFX - Expense Ratio Comparison
AFMBX has a 0.25% expense ratio, which is lower than AFMFX's 0.27% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
AFMBX vs. AFMFX — Risk-Adjusted Performance Rank
AFMBX
AFMFX
AFMBX vs. AFMFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds American Balanced Fund Class F-3 (AFMBX) and American Funds American Mutual Fund Class F-3 (AFMFX). 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.
Loading data...
Dividends
AFMBX vs. AFMFX - Dividend Comparison
AFMBX's dividend yield for the trailing twelve months is around 7.28%, more than AFMFX's 6.33% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
AFMBX American Funds American Balanced Fund Class F-3 | 7.28% | 7.51% | 2.66% | 2.63% | 4.60% | 4.65% | 4.29% | 6.49% | 5.69% |
AFMFX American Funds American Mutual Fund Class F-3 | 6.33% | 6.60% | 4.06% | 5.20% | 4.96% | 2.22% | 5.05% | 6.92% | 6.38% |
Drawdowns
AFMBX vs. AFMFX - Drawdown Comparison
The maximum AFMBX drawdown since its inception was -22.34%, smaller than the maximum AFMFX drawdown of -29.79%. Use the drawdown chart below to compare losses from any high point for AFMBX and AFMFX.
Loading data...
Volatility
AFMBX vs. AFMFX - Volatility Comparison
The current volatility for American Funds American Balanced Fund Class F-3 (AFMBX) is 2.71%, while American Funds American Mutual Fund Class F-3 (AFMFX) has a volatility of 3.90%. This indicates that AFMBX experiences smaller price fluctuations and is considered to be less risky than AFMFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...