AOM vs. ABALX
Compare and contrast key facts about iShares Core Moderate Allocation ETF (AOM) and American Funds American Balanced Fund Class A (ABALX).
AOM is a passively managed fund by iShares that tracks the performance of the S&P Target Risk Moderate. It was launched on Nov 4, 2008. 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: AOM or ABALX.
Key characteristics
| AOM | ABALX | |
|---|---|---|
| YTD Return | 0.04% | 2.81% |
| 1Y Return | 6.83% | 12.96% |
| 3Y Return (Ann) | -0.17% | 3.71% |
| 5Y Return (Ann) | 3.97% | 7.62% |
| 10Y Return (Ann) | 4.17% | 7.85% |
| Sharpe Ratio | 1.03 | 1.64 |
| Daily Std Dev | 6.80% | 8.02% |
| Max Drawdown | -19.96% | -39.31% |
| Current Drawdown | -4.42% | -3.16% |
Correlation
The correlation between AOM and ABALX is 0.85, 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.
Performance
AOM vs. ABALX - Performance Comparison
In the year-to-date period, AOM achieves a 0.04% return, which is significantly lower than ABALX's 2.81% return. Over the past 10 years, AOM has underperformed ABALX with an annualized return of 4.17%, while ABALX has yielded a comparatively higher 7.85% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AOM vs. ABALX - Expense Ratio Comparison
Risk-Adjusted Performance
AOM vs. ABALX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core Moderate Allocation ETF (AOM) 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
AOM vs. ABALX - Dividend Comparison
AOM's dividend yield for the trailing twelve months is around 2.87%, more than ABALX's 2.33% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AOM iShares Core Moderate Allocation ETF | 2.87% | 2.79% | 2.27% | 1.56% | 2.02% | 2.66% | 2.53% | 3.31% | 1.98% | 1.98% | 2.08% | 1.87% |
ABALX American Funds American Balanced Fund Class A | 2.33% | 2.36% | 2.30% | 4.30% | 4.35% | 4.00% | 6.17% | 5.37% | 4.21% | 5.97% | 8.09% | 1.54% |
Drawdowns
AOM vs. ABALX - Drawdown Comparison
The maximum AOM drawdown since its inception was -19.96%, smaller than the maximum ABALX drawdown of -39.31%. Use the drawdown chart below to compare losses from any high point for AOM and ABALX. For additional features, visit the drawdowns tool.
Volatility
AOM vs. ABALX - Volatility Comparison
The current volatility for iShares Core Moderate Allocation ETF (AOM) is 1.86%, while American Funds American Balanced Fund Class A (ABALX) has a volatility of 2.43%. This indicates that AOM 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.