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.
Correlation
The correlation between BALCX and VOO is 0.95, 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
Key characteristics
BALCX:
0.14
VOO:
0.32
BALCX:
0.26
VOO:
0.57
BALCX:
1.04
VOO:
1.08
BALCX:
0.13
VOO:
0.32
BALCX:
0.44
VOO:
1.42
BALCX:
3.86%
VOO:
4.19%
BALCX:
12.43%
VOO:
18.73%
BALCX:
-40.25%
VOO:
-33.99%
BALCX:
-10.39%
VOO:
-13.85%
Returns By Period
In the year-to-date period, BALCX achieves a -3.89% return, which is significantly higher than VOO's -9.88% return. Over the past 10 years, BALCX has underperformed VOO with an annualized return of 3.80%, while VOO has yielded a comparatively higher 11.64% annualized return.
BALCX
-3.89%
-3.80%
-9.04%
1.81%
5.18%
3.80%
VOO
-9.88%
-5.88%
-9.00%
6.61%
14.69%
11.64%
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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 Rank
BALCX
VOO
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 1.40%, less than VOO's 1.44% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BALCX American Funds American Balanced Fund Class C | 1.40% | 1.35% | 1.67% | 0.91% | 0.48% | 0.63% | 1.20% | 1.25% | 1.02% | 1.02% | 1.47% | 6.98% |
VOO Vanguard S&P 500 ETF | 1.44% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
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 7.58%, while Vanguard S&P 500 ETF (VOO) has a volatility of 13.31%. 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.