BALCX vs. VOO
Compare and contrast key facts about American Funds American Balanced Fund Class C (BALCX) and Vanguard S&P 500 ETF (VOO).
BALCX is managed by American Funds. It was launched on Jul 26, 1975. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BALCX or VOO.
Key characteristics
BALCX | VOO | |
---|---|---|
YTD Return | 3.62% | 7.31% |
1Y Return | 13.64% | 25.21% |
3Y Return (Ann) | 3.35% | 8.45% |
5Y Return (Ann) | 6.87% | 13.50% |
10Y Return (Ann) | 7.02% | 12.57% |
Sharpe Ratio | 1.82 | 2.36 |
Daily Std Dev | 8.04% | 11.75% |
Max Drawdown | -40.25% | -33.99% |
Current Drawdown | -2.23% | -2.94% |
Correlation
The correlation between BALCX and VOO is 0.96, 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. VOO - Performance Comparison
In the year-to-date period, BALCX achieves a 3.62% return, which is significantly lower than VOO's 7.31% return. Over the past 10 years, BALCX has underperformed VOO with an annualized return of 7.02%, while VOO has yielded a comparatively higher 12.57% 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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BALCX vs. VOO - Expense Ratio Comparison
BALCX has a 1.31% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
BALCX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds American Balanced Fund Class C (BALCX) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
BALCX's dividend yield for the trailing twelve months is around 1.62%, more than VOO's 1.37% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
American Funds American Balanced Fund Class C | 1.62% | 1.67% | 1.53% | 3.60% | 3.68% | 3.30% | 5.35% | 4.63% | 3.48% | 4.99% | 6.92% | 0.82% |
Vanguard S&P 500 ETF | 1.37% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
BALCX vs. VOO - Drawdown Comparison
The maximum BALCX drawdown since its inception was -40.25%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for BALCX and VOO. For additional features, visit the drawdowns tool.
Volatility
BALCX vs. VOO - Volatility Comparison
The current volatility for American Funds American Balanced Fund Class C (BALCX) is 2.53%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.60%. This indicates that BALCX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.