AFMBX vs. FXAIX
Compare and contrast key facts about American Funds American Balanced Fund Class F-3 (AFMBX) and Fidelity 500 Index Fund (FXAIX).
AFMBX is managed by American Funds. It was launched on Jul 26, 1975. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AFMBX or FXAIX.
Correlation
The correlation between AFMBX and FXAIX is 0.95, 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
AFMBX vs. FXAIX - Performance Comparison
Key characteristics
AFMBX:
0.98
FXAIX:
2.17
AFMBX:
1.26
FXAIX:
2.89
AFMBX:
1.20
FXAIX:
1.41
AFMBX:
1.19
FXAIX:
3.21
AFMBX:
5.99
FXAIX:
14.15
AFMBX:
1.66%
FXAIX:
1.92%
AFMBX:
10.18%
FXAIX:
12.50%
AFMBX:
-22.34%
FXAIX:
-33.79%
AFMBX:
-7.13%
FXAIX:
-2.20%
Returns By Period
In the year-to-date period, AFMBX achieves a 9.33% return, which is significantly lower than FXAIX's 26.49% return.
AFMBX
9.33%
-5.45%
0.18%
9.81%
7.35%
N/A
FXAIX
26.49%
-0.16%
9.99%
26.93%
14.89%
12.91%
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AFMBX vs. FXAIX - Expense Ratio Comparison
AFMBX has a 0.25% expense ratio, which is higher than FXAIX's 0.02% expense ratio. However, 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. FXAIX - 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 Fidelity 500 Index Fund (FXAIX). 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
AFMBX vs. FXAIX - Dividend Comparison
AFMBX's dividend yield for the trailing twelve months is around 1.19%, more than FXAIX's 0.88% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AFMBX American Funds American Balanced Fund Class F-3 | 1.19% | 2.66% | 2.02% | 1.49% | 1.62% | 2.20% | 2.41% | 2.08% | 0.00% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 0.88% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% | 1.84% |
Drawdowns
AFMBX vs. FXAIX - Drawdown Comparison
The maximum AFMBX drawdown since its inception was -22.34%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for AFMBX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
AFMBX vs. FXAIX - Volatility Comparison
American Funds American Balanced Fund Class F-3 (AFMBX) has a higher volatility of 6.24% compared to Fidelity 500 Index Fund (FXAIX) at 3.74%. This indicates that AFMBX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.