BAICX vs. ABALX
Compare and contrast key facts about BlackRock Multi-Asset Income Portfolio (BAICX) and American Funds American Balanced Fund Class A (ABALX).
BAICX is managed by Blackrock. It was launched on Apr 7, 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: BAICX or ABALX.
Correlation
The correlation between BAICX and ABALX is 0.83, 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
BAICX vs. ABALX - Performance Comparison
Key characteristics
BAICX:
1.52
ABALX:
0.97
BAICX:
2.17
ABALX:
1.25
BAICX:
1.28
ABALX:
1.20
BAICX:
1.41
ABALX:
1.18
BAICX:
8.79
ABALX:
6.12
BAICX:
0.83%
ABALX:
1.60%
BAICX:
4.84%
ABALX:
10.12%
BAICX:
-33.29%
ABALX:
-39.31%
BAICX:
-2.72%
ABALX:
-7.61%
Returns By Period
In the year-to-date period, BAICX achieves a 6.15% return, which is significantly lower than ABALX's 8.45% return. Over the past 10 years, BAICX has underperformed ABALX with an annualized return of 3.74%, while ABALX has yielded a comparatively higher 8.16% annualized return.
BAICX
6.15%
-1.37%
3.07%
7.34%
3.17%
3.74%
ABALX
8.45%
-5.34%
-0.56%
9.06%
6.93%
8.16%
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BAICX vs. ABALX - Expense Ratio Comparison
BAICX has a 0.81% expense ratio, which is higher than ABALX's 0.56% expense ratio.
Risk-Adjusted Performance
BAICX vs. ABALX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Multi-Asset Income Portfolio (BAICX) 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
BAICX vs. ABALX - Dividend Comparison
BAICX's dividend yield for the trailing twelve months is around 5.37%, more than ABALX's 0.96% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BAICX BlackRock Multi-Asset Income Portfolio | 5.37% | 5.46% | 4.88% | 3.97% | 4.07% | 4.69% | 5.27% | 4.32% | 4.42% | 5.10% | 5.02% | 4.37% |
ABALX American Funds American Balanced Fund Class A | 0.96% | 2.36% | 1.69% | 1.20% | 1.32% | 1.91% | 2.10% | 1.79% | 1.77% | 2.47% | 8.09% | 1.54% |
Drawdowns
BAICX vs. ABALX - Drawdown Comparison
The maximum BAICX drawdown since its inception was -33.29%, smaller than the maximum ABALX drawdown of -39.31%. Use the drawdown chart below to compare losses from any high point for BAICX and ABALX. For additional features, visit the drawdowns tool.
Volatility
BAICX vs. ABALX - Volatility Comparison
The current volatility for BlackRock Multi-Asset Income Portfolio (BAICX) is 1.68%, while American Funds American Balanced Fund Class A (ABALX) has a volatility of 6.16%. This indicates that BAICX 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.