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AIVSX vs. ABALX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

AIVSX vs. ABALX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds Investment Company of America Class A (AIVSX) and American Funds American Balanced Fund Class A (ABALX). The values are adjusted to include any dividend payments, if applicable.

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AIVSX vs. ABALX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
AIVSX
American Funds Investment Company of America Class A
-4.87%20.47%24.90%28.56%-15.50%25.10%14.47%24.10%-8.21%19.54%
ABALX
American Funds American Balanced Fund Class A
-1.12%18.45%14.63%13.65%-12.13%15.75%10.85%18.60%-3.35%14.69%

Returns By Period

In the year-to-date period, AIVSX achieves a -4.87% return, which is significantly lower than ABALX's -1.12% return. Over the past 10 years, AIVSX has outperformed ABALX with an annualized return of 12.88%, while ABALX has yielded a comparatively lower 9.17% annualized return.


AIVSX

1D
3.05%
1M
-5.90%
YTD
-4.87%
6M
-3.21%
1Y
17.66%
3Y*
20.05%
5Y*
12.46%
10Y*
12.88%

ABALX

1D
1.79%
1M
-4.88%
YTD
-1.12%
6M
2.08%
1Y
16.95%
3Y*
14.07%
5Y*
8.20%
10Y*
9.17%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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AIVSX vs. ABALX - Expense Ratio Comparison

AIVSX has a 0.57% expense ratio, which is higher than ABALX's 0.56% expense ratio.


Return for Risk

AIVSX vs. ABALX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AIVSX
AIVSX Risk / Return Rank: 6363
Overall Rank
AIVSX Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
AIVSX Sortino Ratio Rank: 5959
Sortino Ratio Rank
AIVSX Omega Ratio Rank: 5757
Omega Ratio Rank
AIVSX Calmar Ratio Rank: 7272
Calmar Ratio Rank
AIVSX Martin Ratio Rank: 7474
Martin Ratio Rank

ABALX
ABALX Risk / Return Rank: 8585
Overall Rank
ABALX Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
ABALX Sortino Ratio Rank: 8585
Sortino Ratio Rank
ABALX Omega Ratio Rank: 8080
Omega Ratio Rank
ABALX Calmar Ratio Rank: 8989
Calmar Ratio Rank
ABALX Martin Ratio Rank: 9090
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AIVSX vs. ABALX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds Investment Company of America Class A (AIVSX) 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.


AIVSXABALXDifference

Sharpe ratio

Return per unit of total volatility

1.04

1.56

-0.52

Sortino ratio

Return per unit of downside risk

1.59

2.28

-0.69

Omega ratio

Gain probability vs. loss probability

1.23

1.32

-0.09

Calmar ratio

Return relative to maximum drawdown

1.72

2.43

-0.71

Martin ratio

Return relative to average drawdown

7.16

10.15

-2.99

AIVSX vs. ABALX - Sharpe Ratio Comparison

The current AIVSX Sharpe Ratio is 1.04, which is lower than the ABALX Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of AIVSX and ABALX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


AIVSXABALXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.04

1.56

-0.52

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.78

0.79

0.00

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.78

0.87

-0.08

Sharpe Ratio (All Time)

Calculated using the full available price history

0.67

0.79

-0.12

Correlation

The correlation between AIVSX and ABALX 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.


Dividends

AIVSX vs. ABALX - Dividend Comparison

AIVSX's dividend yield for the trailing twelve months is around 11.17%, more than ABALX's 8.39% yield.


TTM20252024202320222021202020192018201720162015
AIVSX
American Funds Investment Company of America Class A
11.17%10.60%9.29%4.96%6.12%6.94%1.65%6.15%9.61%7.08%5.48%8.95%
ABALX
American Funds American Balanced Fund Class A
8.39%8.27%6.87%2.05%2.30%4.30%4.35%3.49%5.49%4.72%4.24%5.60%

Drawdowns

AIVSX vs. ABALX - Drawdown Comparison

The maximum AIVSX drawdown since its inception was -50.90%, which is greater than ABALX's maximum drawdown of -40.20%. Use the drawdown chart below to compare losses from any high point for AIVSX and ABALX.


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Drawdown Indicators


AIVSXABALXDifference

Max Drawdown

Largest peak-to-trough decline

-50.90%

-40.20%

-10.70%

Max Drawdown (1Y)

Largest decline over 1 year

-10.76%

-7.33%

-3.43%

Max Drawdown (5Y)

Largest decline over 5 years

-24.31%

-18.76%

-5.55%

Max Drawdown (10Y)

Largest decline over 10 years

-31.09%

-22.34%

-8.75%

Current Drawdown

Current decline from peak

-7.34%

-5.37%

-1.97%

Average Drawdown

Average peak-to-trough decline

-5.93%

-3.86%

-2.07%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.59%

1.76%

+0.83%

Volatility

AIVSX vs. ABALX - Volatility Comparison

American Funds Investment Company of America Class A (AIVSX) has a higher volatility of 5.75% compared to American Funds American Balanced Fund Class A (ABALX) at 3.89%. This indicates that AIVSX'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.


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Volatility by Period


AIVSXABALXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.75%

3.89%

+1.86%

Volatility (6M)

Calculated over the trailing 6-month period

9.93%

6.96%

+2.97%

Volatility (1Y)

Calculated over the trailing 1-year period

17.56%

11.22%

+6.34%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.96%

10.45%

+5.51%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.55%

10.63%

+5.92%