AGTHX vs. ABALX
Compare and contrast key facts about American Funds The Growth Fund of America Class A (AGTHX) and American Funds American Balanced Fund Class A (ABALX).
AGTHX is managed by Equity. It was launched on Dec 1, 1973. ABALX is managed by American Funds. It was launched on Jul 26, 1975.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AGTHX or ABALX.
Performance
AGTHX vs. ABALX - Performance Comparison
Returns By Period
In the year-to-date period, AGTHX achieves a 28.39% return, which is significantly higher than ABALX's 14.57% return. Over the past 10 years, AGTHX has outperformed ABALX with an annualized return of 13.49%, while ABALX has yielded a comparatively lower 8.22% annualized return.
AGTHX
28.39%
2.35%
13.25%
36.72%
15.33%
13.49%
ABALX
14.57%
-0.38%
7.47%
20.71%
8.63%
8.22%
Key characteristics
| AGTHX | ABALX | |
|---|---|---|
| Sharpe Ratio | 2.40 | 2.45 |
| Sortino Ratio | 3.18 | 3.47 |
| Omega Ratio | 1.43 | 1.46 |
| Calmar Ratio | 2.06 | 4.08 |
| Martin Ratio | 15.46 | 16.44 |
| Ulcer Index | 2.34% | 1.25% |
| Daily Std Dev | 15.07% | 8.38% |
| Max Drawdown | -65.35% | -39.31% |
| Current Drawdown | -1.60% | -1.79% |
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AGTHX vs. ABALX - Expense Ratio Comparison
AGTHX has a 0.61% expense ratio, which is higher than ABALX's 0.56% expense ratio.
Correlation
The correlation between AGTHX and ABALX is 0.81, 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.
Risk-Adjusted Performance
AGTHX vs. ABALX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds The Growth Fund of America Class A (AGTHX) and American Funds American Balanced Fund Class A (ABALX). 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
AGTHX vs. ABALX - Dividend Comparison
AGTHX's dividend yield for the trailing twelve months is around 5.30%, more than ABALX's 2.16% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGTHX American Funds The Growth Fund of America Class A | 5.30% | 6.81% | 0.75% | 8.18% | 4.55% | 7.89% | 12.71% | 7.54% | 6.61% | 8.87% | 9.90% | 6.71% |
ABALX American Funds American Balanced Fund Class A | 2.16% | 2.36% | 1.69% | 1.20% | 1.32% | 1.91% | 2.10% | 1.79% | 1.77% | 2.47% | 8.09% | 1.54% |
Drawdowns
AGTHX vs. ABALX - Drawdown Comparison
The maximum AGTHX drawdown since its inception was -65.35%, which is greater than ABALX's maximum drawdown of -39.31%. Use the drawdown chart below to compare losses from any high point for AGTHX and ABALX. For additional features, visit the drawdowns tool.
Volatility
AGTHX vs. ABALX - Volatility Comparison
American Funds The Growth Fund of America Class A (AGTHX) has a higher volatility of 4.81% compared to American Funds American Balanced Fund Class A (ABALX) at 2.47%. This indicates that AGTHX's price experiences larger fluctuations and is considered to be riskier than ABALX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.