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:
0.91
AOM:
1.47
BALCX:
1.18
AOM:
2.09
BALCX:
1.18
AOM:
1.27
BALCX:
1.12
AOM:
1.56
BALCX:
5.69
AOM:
8.56
BALCX:
1.60%
AOM:
1.09%
BALCX:
10.03%
AOM:
6.30%
BALCX:
-40.25%
AOM:
-19.96%
BALCX:
-7.49%
AOM:
-2.22%
Returns By Period
The year-to-date returns for both investments are quite close, with BALCX having a 7.82% return and AOM slightly higher at 8.17%. Over the past 10 years, BALCX has outperformed AOM with an annualized return of 7.30%, while AOM has yielded a comparatively lower 4.69% annualized return.
BALCX
7.82%
-5.28%
-0.78%
8.40%
6.16%
7.30%
AOM
8.17%
0.02%
3.52%
8.63%
4.19%
4.69%
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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 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 0.41%, less than AOM's 4.12% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BALCX American Funds American Balanced Fund Class C | 0.41% | 1.67% | 0.91% | 0.48% | 0.63% | 1.20% | 1.25% | 1.02% | 1.02% | 1.46% | 6.92% | 0.82% |
AOM iShares Core Moderate Allocation ETF | 3.09% | 2.79% | 2.27% | 1.56% | 2.02% | 2.66% | 2.53% | 3.31% | 2.14% | 1.98% | 2.08% | 1.87% |
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 6.01% compared to iShares Core Moderate Allocation ETF (AOM) at 1.94%. 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.