AOBLX vs. AMBFX
AOBLX (Victory Pioneer Balanced Fund Class A) and AMBFX (American Funds American Balanced Fund® Class F-2) are both Diversified Portfolio funds. Over the past 10 years, AOBLX returned 10.35%/yr vs 10.44%/yr for AMBFX. With a 0.95 correlation, they move nearly in lockstep. AOBLX charges 0.93%/yr vs 0.35%/yr for AMBFX.
Performance
AOBLX vs. AMBFX - Performance Comparison
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Returns By Period
In the year-to-date period, AOBLX achieves a 12.92% return, which is significantly higher than AMBFX's 8.40% return. Both investments have delivered pretty close results over the past 10 years, with AOBLX having a 10.35% annualized return and AMBFX not far ahead at 10.44%.
AOBLX
- 1D
- -0.84%
- 1M
- 0.78%
- YTD
- 12.92%
- 6M
- 12.22%
- 1Y
- 29.60%
- 3Y*
- 16.99%
- 5Y*
- 9.02%
- 10Y*
- 10.35%
AMBFX
- 1D
- -1.01%
- 1M
- 0.42%
- YTD
- 8.40%
- 6M
- 7.94%
- 1Y
- 20.48%
- 3Y*
- 16.96%
- 5Y*
- 9.57%
- 10Y*
- 10.44%
AOBLX vs. AMBFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AOBLX Victory Pioneer Balanced Fund Class A | 12.92% | 19.59% | 9.46% | 15.00% | -14.64% | 15.10% | 13.15% | 21.75% | -4.63% | 14.99% |
AMBFX American Funds American Balanced Fund® Class F-2 | 8.40% | 18.67% | 15.25% | 13.81% | -11.93% | 16.00% | 11.06% | 19.45% | -2.69% | 14.85% |
Correlation
The correlation between AOBLX and AMBFX is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.90 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.92 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Aug 1, 2008 | 0.95 |
The correlation between AOBLX and AMBFX has been stable across timeframes, ranging from 0.90 to 0.95 - a consistent structural relationship.
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Return for Risk
AOBLX vs. AMBFX — Risk / Return Rank
AOBLX
AMBFX
AOBLX vs. AMBFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Victory Pioneer Balanced Fund Class A (AOBLX) and American Funds American Balanced Fund® Class F-2 (AMBFX). 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.
| AOBLX | AMBFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.75 | ||
| Sortino ratioReturn per unit of downside risk | +1.10 | ||
| Omega ratioGain probability vs. loss probability | 1.57 | 1.44 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 4.83 | 3.12 | +1.71 |
| Martin ratioReturn relative to average drawdown | 22.31 | 13.81 | +8.50 |
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Drawdowns
AOBLX vs. AMBFX - Drawdown Comparison
The maximum AOBLX drawdown since its inception was -36.70%, roughly equal to the maximum AMBFX drawdown of -35.05%. Use the drawdown chart below to compare losses from any high point for AOBLX and AMBFX.
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Drawdown Indicators
| AOBLX | AMBFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.70% | -35.05% | -1.65% |
Max Drawdown (1Y)Largest decline over 1 year | -6.42% | -7.00% | +0.58% |
Max Drawdown (3Y)Largest decline over 3 years | -13.52% | -10.64% | -2.88% |
Max Drawdown (5Y)Largest decline over 5 years | -20.48% | -18.65% | -1.83% |
Max Drawdown (10Y)Largest decline over 10 years | -24.31% | -22.31% | -2.00% |
Current DrawdownCurrent decline from peak | -1.38% | -1.51% | +0.13% |
Average DrawdownAverage peak-to-trough decline | -3.81% | -3.57% | -0.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.39% | 1.58% | -0.19% |
Volatility
AOBLX vs. AMBFX - Volatility Comparison
Victory Pioneer Balanced Fund Class A (AOBLX) and American Funds American Balanced Fund® Class F-2 (AMBFX) have volatilities of 3.69% and 3.55%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AOBLX | AMBFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.69% | 3.55% | +0.14% |
Volatility (6M)Calculated over the trailing 6-month period | 7.85% | 7.37% | +0.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.98% | 9.27% | +0.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.16% | 10.58% | +0.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.34% | 10.70% | +0.64% |
AOBLX vs. AMBFX - Expense Ratio Comparison
AOBLX has a 0.93% expense ratio, which is higher than AMBFX's 0.35% expense ratio.
Dividends
AOBLX vs. AMBFX - Dividend Comparison
AOBLX's dividend yield for the trailing twelve months is around 3.20%, less than AMBFX's 7.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMBFX American Funds American Balanced Fund® Class F-2 | 7.39% | 8.47% | 7.40% | 2.20% | 2.52% | 4.50% | 4.56% | 4.19% | 6.20% | 4.85% | 4.46% | 5.81% |
AOBLX Victory Pioneer Balanced Fund Class A | 3.20% | 3.48% | 2.28% | 1.52% | 2.97% | 8.33% | 4.31% | 5.78% | 9.70% | 9.22% | 2.51% | 3.97% |
Frequently Asked Questions
With a correlation of 0.90, AOBLX and AMBFX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
AOBLX has higher volatility (3.69%) compared to AMBFX (3.55%). In terms of maximum drawdown, AOBLX dropped -36.70% vs AMBFX's -35.05%.
AOBLX currently has the higher Sharpe Ratio (3.11 vs 2.36), 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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