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:
1.07
VOO:
1.88
BALCX:
1.40
VOO:
2.53
BALCX:
1.21
VOO:
1.35
BALCX:
1.42
VOO:
2.81
BALCX:
4.24
VOO:
11.78
BALCX:
2.47%
VOO:
2.02%
BALCX:
9.83%
VOO:
12.67%
BALCX:
-40.25%
VOO:
-33.99%
BALCX:
-2.96%
VOO:
0.00%
Returns By Period
In the year-to-date period, BALCX achieves a 4.08% return, which is significantly lower than VOO's 4.61% return. Over the past 10 years, BALCX has underperformed VOO with an annualized return of 4.66%, while VOO has yielded a comparatively higher 13.30% annualized return.
BALCX
4.08%
2.10%
1.14%
11.07%
5.20%
4.66%
VOO
4.61%
2.59%
10.08%
25.10%
14.79%
13.30%
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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 1.30%, more than VOO's 1.19% 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% |
VOO Vanguard S&P 500 ETF | 1.19% | 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 2.49%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.01%. 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.