BFCAX vs. ABALX
Compare and contrast key facts about American Funds Corporate Bond Fund (BFCAX) and American Funds American Balanced Fund Class A (ABALX).
BFCAX is managed by American Funds. It was launched on Dec 14, 2012. ABALX is managed by American Funds. It was launched on Jul 26, 1975.
Performance
BFCAX vs. ABALX - Performance Comparison
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BFCAX vs. ABALX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BFCAX American Funds Corporate Bond Fund | -1.02% | 6.67% | 1.71% | 6.85% | -16.51% | -2.15% | 13.05% | 13.21% | -2.50% | 5.61% |
ABALX American Funds American Balanced Fund Class A | -2.86% | 18.45% | 14.63% | 13.65% | -12.13% | 15.75% | 10.85% | 18.60% | -3.35% | 14.18% |
Returns By Period
In the year-to-date period, BFCAX achieves a -1.02% return, which is significantly higher than ABALX's -2.86% return.
BFCAX
- 1D
- 0.53%
- 1M
- -2.59%
- YTD
- -1.02%
- 6M
- -0.52%
- 1Y
- 3.25%
- 3Y*
- 3.38%
- 5Y*
- -0.25%
- 10Y*
- —
ABALX
- 1D
- -0.14%
- 1M
- -6.82%
- YTD
- -2.86%
- 6M
- 0.85%
- 1Y
- 15.33%
- 3Y*
- 13.40%
- 5Y*
- 8.00%
- 10Y*
- 8.98%
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BFCAX vs. ABALX - Expense Ratio Comparison
BFCAX has a 0.70% expense ratio, which is higher than ABALX's 0.56% expense ratio.
Return for Risk
BFCAX vs. ABALX — Risk / Return Rank
BFCAX
ABALX
BFCAX vs. ABALX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Corporate Bond Fund (BFCAX) and American Funds American Balanced Fund Class A (ABALX). 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.
| BFCAX | ABALX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.80 | 1.43 | -0.63 |
Sortino ratioReturn per unit of downside risk | 1.14 | 2.09 | -0.95 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.29 | -0.15 |
Calmar ratioReturn relative to maximum drawdown | 1.42 | 2.00 | -0.59 |
Martin ratioReturn relative to average drawdown | 4.34 | 8.51 | -4.18 |
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
| BFCAX | ABALX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.80 | 1.43 | -0.63 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.04 | 0.77 | -0.81 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.85 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.79 | -0.40 |
Correlation
The correlation between BFCAX and ABALX is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
BFCAX vs. ABALX - Dividend Comparison
BFCAX's dividend yield for the trailing twelve months is around 3.88%, less than ABALX's 8.54% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BFCAX American Funds Corporate Bond Fund | 3.88% | 4.20% | 4.06% | 2.82% | 1.95% | 1.50% | 4.43% | 3.44% | 2.63% | 2.68% | 0.00% | 0.00% |
ABALX American Funds American Balanced Fund Class A | 8.54% | 8.27% | 6.87% | 2.05% | 2.30% | 4.30% | 4.35% | 3.49% | 5.49% | 4.72% | 4.24% | 5.60% |
Drawdowns
BFCAX vs. ABALX - Drawdown Comparison
The maximum BFCAX drawdown since its inception was -23.01%, smaller than the maximum ABALX drawdown of -40.20%. Use the drawdown chart below to compare losses from any high point for BFCAX and ABALX.
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Drawdown Indicators
| BFCAX | ABALX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.01% | -40.20% | +17.19% |
Max Drawdown (1Y)Largest decline over 1 year | -3.11% | -7.33% | +4.22% |
Max Drawdown (5Y)Largest decline over 5 years | -22.55% | -18.76% | -3.79% |
Max Drawdown (10Y)Largest decline over 10 years | — | -22.34% | — |
Current DrawdownCurrent decline from peak | -6.25% | -7.03% | +0.78% |
Average DrawdownAverage peak-to-trough decline | -6.48% | -3.86% | -2.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.02% | 1.73% | -0.71% |
Volatility
BFCAX vs. ABALX - Volatility Comparison
The current volatility for American Funds Corporate Bond Fund (BFCAX) is 1.89%, while American Funds American Balanced Fund Class A (ABALX) has a volatility of 3.26%. This indicates that BFCAX experiences smaller price fluctuations and is considered to be less risky than ABALX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BFCAX | ABALX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.89% | 3.26% | -1.37% |
Volatility (6M)Calculated over the trailing 6-month period | 2.94% | 6.74% | -3.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.85% | 11.11% | -6.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.69% | 10.42% | -3.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.01% | 10.61% | -4.60% |