BALCX vs. AOM
Compare and contrast key facts about American Funds American Balanced Fund Class C (BALCX) and iShares Core Moderate Allocation ETF (AOM).
BALCX is managed by American Funds. It was launched on Jul 26, 1975. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BALCX or AOM.
Correlation
The correlation between BALCX and AOM 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
BALCX vs. AOM - Performance Comparison
Key characteristics
BALCX:
1.07
AOM:
1.62
BALCX:
1.40
AOM:
2.33
BALCX:
1.21
AOM:
1.30
BALCX:
1.42
AOM:
2.14
BALCX:
4.24
AOM:
8.21
BALCX:
2.47%
AOM:
1.24%
BALCX:
9.83%
AOM:
6.28%
BALCX:
-40.25%
AOM:
-19.96%
BALCX:
-2.96%
AOM:
-0.31%
Returns By Period
In the year-to-date period, BALCX achieves a 4.08% return, which is significantly higher than AOM's 2.60% return. Both investments have delivered pretty close results over the past 10 years, with BALCX having a 4.66% annualized return and AOM not far ahead at 4.81%.
BALCX
4.08%
2.10%
1.14%
11.07%
5.20%
4.66%
AOM
2.60%
1.97%
2.33%
10.54%
4.24%
4.81%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BALCX vs. AOM - Expense Ratio Comparison
BALCX has a 1.31% expense ratio, which is higher than AOM's 0.25% expense ratio.
Risk-Adjusted Performance
BALCX vs. AOM — Risk-Adjusted Performance Rank
BALCX
AOM
BALCX vs. AOM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds American Balanced Fund Class C (BALCX) and iShares Core Moderate Allocation ETF (AOM). 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
BALCX vs. AOM - Dividend Comparison
BALCX's dividend yield for the trailing twelve months is around 1.30%, less than AOM's 3.02% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BALCX American Funds American Balanced Fund Class C | 1.30% | 1.35% | 1.67% | 0.91% | 0.48% | 0.63% | 1.20% | 1.25% | 1.02% | 1.02% | 1.46% | 6.92% |
AOM iShares Core Moderate Allocation ETF | 3.02% | 3.10% | 2.79% | 2.27% | 1.56% | 2.02% | 2.66% | 2.53% | 3.31% | 2.14% | 1.98% | 2.08% |
Drawdowns
BALCX vs. AOM - Drawdown Comparison
The maximum BALCX drawdown since its inception was -40.25%, which is greater than AOM's maximum drawdown of -19.96%. Use the drawdown chart below to compare losses from any high point for BALCX and AOM. For additional features, visit the drawdowns tool.
Volatility
BALCX vs. AOM - Volatility Comparison
American Funds American Balanced Fund Class C (BALCX) has a higher volatility of 2.49% compared to iShares Core Moderate Allocation ETF (AOM) at 1.71%. This indicates that BALCX's price experiences larger fluctuations and is considered to be riskier than AOM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.