AMEFX vs. ABALX
Compare and contrast key facts about American Funds The Income Fund of America® Class F-2 (AMEFX) and American Funds American Balanced Fund Class A (ABALX).
AMEFX is a passively managed fund by American Funds that tracks the performance of the 65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index. It was launched on Dec 1, 1973. ABALX is managed by American Funds. It was launched on Jul 26, 1975.
Performance
AMEFX vs. ABALX - Performance Comparison
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AMEFX vs. ABALX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMEFX American Funds The Income Fund of America® Class F-2 | 1.49% | 18.03% | 11.08% | 6.92% | -6.22% | 17.63% | 4.67% | 18.74% | -5.11% | 12.73% |
ABALX American Funds American Balanced Fund Class A | -2.86% | 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, AMEFX achieves a 1.49% return, which is significantly higher than ABALX's -2.86% return. Over the past 10 years, AMEFX has underperformed ABALX with an annualized return of 8.40%, while ABALX has yielded a comparatively higher 8.98% annualized return.
AMEFX
- 1D
- 0.19%
- 1M
- -5.74%
- YTD
- 1.49%
- 6M
- 4.29%
- 1Y
- 14.39%
- 3Y*
- 12.15%
- 5Y*
- 8.14%
- 10Y*
- 8.40%
ABALX
- 1D
- -0.14%
- 1M
- -6.82%
- YTD
- -2.86%
- 6M
- 0.85%
- 1Y
- 15.33%
- 3Y*
- 13.40%
- 5Y*
- 8.00%
- 10Y*
- 8.98%
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AMEFX vs. ABALX - Expense Ratio Comparison
AMEFX has a 0.37% expense ratio, which is lower than ABALX's 0.56% expense ratio.
Return for Risk
AMEFX vs. ABALX — Risk / Return Rank
AMEFX
ABALX
AMEFX vs. ABALX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds The Income Fund of America® Class F-2 (AMEFX) 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.
| AMEFX | ABALX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.57 | 1.43 | +0.14 |
Sortino ratioReturn per unit of downside risk | 2.15 | 2.09 | +0.06 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.29 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.72 | 2.00 | -0.28 |
Martin ratioReturn relative to average drawdown | 8.12 | 8.51 | -0.39 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AMEFX | ABALX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.57 | 1.43 | +0.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.87 | 0.77 | +0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.79 | 0.85 | -0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 0.79 | -0.13 |
Correlation
The correlation between AMEFX and ABALX is 0.93, 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
AMEFX vs. ABALX - Dividend Comparison
AMEFX's dividend yield for the trailing twelve months is around 10.08%, more than ABALX's 8.54% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMEFX American Funds The Income Fund of America® Class F-2 | 10.08% | 10.16% | 6.60% | 3.09% | 7.21% | 6.87% | 3.00% | 5.19% | 7.67% | 4.38% | 3.27% | 5.27% |
ABALX American Funds American Balanced Fund Class A | 8.54% | 8.27% | 6.87% | 2.05% | 2.30% | 4.30% | 4.35% | 3.49% | 5.49% | 4.72% | 4.24% | 5.60% |
Drawdowns
AMEFX vs. ABALX - Drawdown Comparison
The maximum AMEFX drawdown since its inception was -37.22%, smaller than the maximum ABALX drawdown of -40.20%. Use the drawdown chart below to compare losses from any high point for AMEFX and ABALX.
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Drawdown Indicators
| AMEFX | ABALX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.22% | -40.20% | +2.98% |
Max Drawdown (1Y)Largest decline over 1 year | -8.24% | -7.33% | -0.91% |
Max Drawdown (5Y)Largest decline over 5 years | -15.67% | -18.76% | +3.09% |
Max Drawdown (10Y)Largest decline over 10 years | -26.10% | -22.34% | -3.76% |
Current DrawdownCurrent decline from peak | -5.74% | -7.03% | +1.29% |
Average DrawdownAverage peak-to-trough decline | -3.85% | -3.86% | +0.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.74% | 1.73% | +0.01% |
Volatility
AMEFX vs. ABALX - Volatility Comparison
The current volatility for American Funds The Income Fund of America® Class F-2 (AMEFX) is 2.90%, while American Funds American Balanced Fund Class A (ABALX) has a volatility of 3.26%. This indicates that AMEFX experiences smaller price fluctuations and is considered to be less risky 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
| AMEFX | ABALX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.90% | 3.26% | -0.36% |
Volatility (6M)Calculated over the trailing 6-month period | 5.46% | 6.74% | -1.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.51% | 11.11% | -1.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.45% | 10.42% | -0.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.68% | 10.61% | +0.07% |