AFMBX vs. RPFCX
AFMBX (American Funds American Balanced Fund Class F-3) and RPFCX (Davis Appreciation & Income Fund) are both Diversified Portfolio funds. Over the past 5 years, AFMBX returned 9.38%/yr vs 10.16%/yr for RPFCX. Their correlation of 0.84 means they have usually moved in the same direction. AFMBX charges 0.25%/yr vs 1.00%/yr for RPFCX.
Performance
AFMBX vs. RPFCX - Performance Comparison
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Returns By Period
In the year-to-date period, AFMBX achieves a 8.62% return, which is significantly lower than RPFCX's 14.53% return.
AFMBX
- 1D
- 0.20%
- 1M
- -0.76%
- 6M
- 5.52%
- YTD
- 8.62%
- 1Y
- 18.94%
- 3Y*
- 15.90%
- 5Y*
- 9.38%
- 10Y*
- —
- ALL TIME*
- 10.02%
RPFCX
- 1D
- 0.32%
- 1M
- 1.95%
- 6M
- 10.94%
- YTD
- 14.53%
- 1Y
- 29.41%
- 3Y*
- 16.81%
- 5Y*
- 10.16%
- 10Y*
- 10.76%
- ALL TIME*
- 8.49%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
AFMBX vs. RPFCX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AFMBX American Funds American Balanced Fund Class F-3 | 8.62% | 18.82% | 15.36% | 13.89% | -11.83% | 16.12% | 11.17% | 18.96% | -3.07% | 10.06% |
RPFCX Davis Appreciation & Income Fund | 14.53% | 20.90% | 9.10% | 23.00% | -15.65% | 25.74% | 4.74% | 20.33% | -8.02% | 12.25% |
Correlation
The correlation between AFMBX and RPFCX is 0.69, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.69 |
Correlation (3Y) Balances recent behavior with more history. | 0.77 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.83 |
Correlation (All Time) Calculated using the full available price history since Mar 15, 2017 | 0.84 |
The correlation between AFMBX and RPFCX shifts across timeframes, from 0.69 (1 year) to 0.84 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
AFMBX vs. RPFCX — Risk / Return Rank
AFMBX
RPFCX
AFMBX vs. RPFCX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds American Balanced Fund Class F-3 (AFMBX) and Davis Appreciation & Income Fund (RPFCX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AFMBX | RPFCX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.21 | ||
| Sortino ratioReturn per unit of downside risk | -1.79 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.57 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 2.60 | 4.19 | -1.59 |
| Martin ratioReturn relative to average drawdown | 11.08 | 16.74 | -5.66 |
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Drawdowns
AFMBX vs. RPFCX - Drawdown Comparison
The maximum AFMBX drawdown since its inception was -22.34%, smaller than the maximum RPFCX drawdown of -56.39%. Use the drawdown chart below to compare losses from any high point for AFMBX and RPFCX.
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Drawdown Indicators
| AFMBX | RPFCX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.34% | -56.39% | +34.05% |
Max Drawdown (1Y)Largest decline over 1 year | -6.98% | -6.76% | -0.22% |
Max Drawdown (3Y)Largest decline over 3 years | -10.64% | -14.82% | +4.18% |
Max Drawdown (5Y)Largest decline over 5 years | -18.58% | -25.63% | +7.05% |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.72% | — |
Current DrawdownCurrent decline from peak | -1.49% | -0.08% | -1.41% |
Average DrawdownAverage peak-to-trough decline | -3.17% | -7.39% | +4.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.64% | 1.69% | -0.05% |
Volatility
AFMBX vs. RPFCX - Volatility Comparison
American Funds American Balanced Fund Class F-3 (AFMBX) has a higher volatility of 2.25% compared to Davis Appreciation & Income Fund (RPFCX) at 2.01%. This indicates that AFMBX's price experiences larger fluctuations and is considered to be riskier than RPFCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AFMBX | RPFCX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.25% | 2.01% | +0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 7.39% | 6.72% | +0.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.42% | 9.06% | +0.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.60% | 14.04% | -3.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.13% | 14.75% | -3.62% |
AFMBX vs. RPFCX - Expense Ratio Comparison
AFMBX has a 0.25% expense ratio, which is lower than RPFCX's 1.00% expense ratio.
Dividends
AFMBX vs. RPFCX - Dividend Comparison
AFMBX's dividend yield for the trailing twelve months is around 7.48%, more than RPFCX's 5.65% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AFMBX American Funds American Balanced Fund Class F-3 | 7.48% | 8.57% | 7.51% | 2.27% | 2.63% | 4.60% | 4.65% | 3.78% | 5.81% | 4.94% | 0.00% | 0.00% |
RPFCX Davis Appreciation & Income Fund | 5.65% | 6.09% | 1.11% | 2.91% | 2.63% | 0.28% | 0.78% | 2.03% | 1.09% | 0.83% | 1.09% | 1.19% |
Frequently Asked Questions
AFMBX and RPFCX have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AFMBX has higher volatility (2.25%) compared to RPFCX (2.01%). In terms of maximum drawdown, AFMBX dropped -22.34% vs RPFCX's -56.39%.
RPFCX currently has the higher Sharpe Ratio (3.14 vs 1.93), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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