BALCX vs. IYW
Compare and contrast key facts about American Funds American Balanced Fund Class C (BALCX) and iShares U.S. Technology ETF (IYW).
BALCX is managed by American Funds. It was launched on Jul 26, 1975. IYW is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Technology Index. It was launched on May 19, 2000.
Performance
BALCX vs. IYW - Performance Comparison
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BALCX vs. IYW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BALCX American Funds American Balanced Fund Class C | -1.33% | 17.58% | 14.00% | 12.97% | -12.77% | 14.87% | 10.06% | 17.66% | -4.09% | 14.02% |
IYW iShares U.S. Technology ETF | -7.61% | 25.38% | 30.25% | 65.44% | -34.83% | 35.44% | 47.45% | 46.64% | -0.93% | 36.60% |
Returns By Period
In the year-to-date period, BALCX achieves a -1.33% return, which is significantly higher than IYW's -7.61% return. Over the past 10 years, BALCX has underperformed IYW with an annualized return of 8.40%, while IYW has yielded a comparatively higher 21.74% annualized return.
BALCX
- 1D
- 1.75%
- 1M
- -4.96%
- YTD
- -1.33%
- 6M
- 1.67%
- 1Y
- 16.04%
- 3Y*
- 13.35%
- 5Y*
- 7.46%
- 10Y*
- 8.40%
IYW
- 1D
- 1.65%
- 1M
- -3.50%
- YTD
- -7.61%
- 6M
- -6.42%
- 1Y
- 30.19%
- 3Y*
- 26.02%
- 5Y*
- 15.85%
- 10Y*
- 21.74%
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BALCX vs. IYW - Expense Ratio Comparison
BALCX has a 1.31% expense ratio, which is higher than IYW's 0.42% expense ratio.
Return for Risk
BALCX vs. IYW — Risk / Return Rank
BALCX
IYW
BALCX vs. IYW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds American Balanced Fund Class C (BALCX) and iShares U.S. Technology ETF (IYW). 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.
| BALCX | IYW | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.48 | 1.13 | +0.35 |
Sortino ratioReturn per unit of downside risk | 2.17 | 1.73 | +0.45 |
Omega ratioGain probability vs. loss probability | 1.31 | 1.24 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 2.29 | 1.77 | +0.53 |
Martin ratioReturn relative to average drawdown | 9.52 | 5.68 | +3.84 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BALCX | IYW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.48 | 1.13 | +0.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.72 | 0.62 | +0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.79 | 0.87 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.30 | +0.28 |
Correlation
The correlation between BALCX and IYW is 0.81, 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.
Dividends
BALCX vs. IYW - Dividend Comparison
BALCX's dividend yield for the trailing twelve months is around 7.69%, more than IYW's 0.15% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BALCX American Funds American Balanced Fund Class C | 7.69% | 7.61% | 6.37% | 1.54% | 1.53% | 3.60% | 3.68% | 2.79% | 4.67% | 4.17% | 3.51% | 4.81% |
IYW iShares U.S. Technology ETF | 0.15% | 0.14% | 0.21% | 0.34% | 0.50% | 0.31% | 0.56% | 0.72% | 0.92% | 0.82% | 1.14% | 1.12% |
Drawdowns
BALCX vs. IYW - Drawdown Comparison
The maximum BALCX drawdown since its inception was -40.88%, smaller than the maximum IYW drawdown of -81.90%. Use the drawdown chart below to compare losses from any high point for BALCX and IYW.
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Drawdown Indicators
| BALCX | IYW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.88% | -81.90% | +41.02% |
Max Drawdown (1Y)Largest decline over 1 year | -7.36% | -17.81% | +10.45% |
Max Drawdown (5Y)Largest decline over 5 years | -19.22% | -39.44% | +20.22% |
Max Drawdown (10Y)Largest decline over 10 years | -22.38% | -39.44% | +17.06% |
Current DrawdownCurrent decline from peak | -5.45% | -12.65% | +7.20% |
Average DrawdownAverage peak-to-trough decline | -4.48% | -34.87% | +30.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.78% | 5.55% | -3.77% |
Volatility
BALCX vs. IYW - Volatility Comparison
The current volatility for American Funds American Balanced Fund Class C (BALCX) is 3.88%, while iShares U.S. Technology ETF (IYW) has a volatility of 8.23%. This indicates that BALCX experiences smaller price fluctuations and is considered to be less risky than IYW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BALCX | IYW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.88% | 8.23% | -4.35% |
Volatility (6M)Calculated over the trailing 6-month period | 6.96% | 15.99% | -9.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.19% | 26.92% | -15.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.44% | 25.78% | -15.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.62% | 24.98% | -14.36% |