CBFAX vs. ABALX
Compare and contrast key facts about American Funds Global Balanced Fund (CBFAX) and American Funds American Balanced Fund Class A (ABALX).
CBFAX is managed by American Funds. It was launched on Jan 31, 2011. ABALX is managed by American Funds. It was launched on Jul 26, 1975.
Performance
CBFAX vs. ABALX - Performance Comparison
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CBFAX vs. ABALX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CBFAX American Funds Global Balanced Fund | -0.21% | 17.10% | 6.50% | 13.69% | -14.29% | 9.14% | 10.45% | 17.22% | -6.18% | 13.96% |
ABALX American Funds American Balanced Fund Class A | -1.12% | 18.45% | 14.63% | 13.65% | -12.13% | 15.75% | 10.85% | 18.60% | -3.35% | 14.69% |
Returns By Period
In the year-to-date period, CBFAX achieves a -0.21% return, which is significantly higher than ABALX's -1.12% return. Over the past 10 years, CBFAX has underperformed ABALX with an annualized return of 6.57%, while ABALX has yielded a comparatively higher 9.17% annualized return.
CBFAX
- 1D
- 1.83%
- 1M
- -4.52%
- YTD
- -0.21%
- 6M
- 2.21%
- 1Y
- 14.53%
- 3Y*
- 10.78%
- 5Y*
- 5.24%
- 10Y*
- 6.57%
ABALX
- 1D
- 1.79%
- 1M
- -4.88%
- YTD
- -1.12%
- 6M
- 2.08%
- 1Y
- 16.95%
- 3Y*
- 14.07%
- 5Y*
- 8.20%
- 10Y*
- 9.17%
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CBFAX vs. ABALX - Expense Ratio Comparison
CBFAX has a 0.84% expense ratio, which is higher than ABALX's 0.56% expense ratio.
Return for Risk
CBFAX vs. ABALX — Risk / Return Rank
CBFAX
ABALX
CBFAX vs. ABALX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Global Balanced Fund (CBFAX) 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.
| CBFAX | ABALX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.56 | 1.56 | 0.00 |
Sortino ratioReturn per unit of downside risk | 2.21 | 2.28 | -0.07 |
Omega ratioGain probability vs. loss probability | 1.31 | 1.32 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 2.22 | 2.43 | -0.21 |
Martin ratioReturn relative to average drawdown | 9.00 | 10.15 | -1.15 |
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
| CBFAX | ABALX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.56 | 1.56 | 0.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.53 | 0.79 | -0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.63 | 0.87 | -0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.62 | 0.79 | -0.17 |
Correlation
The correlation between CBFAX and ABALX is 0.91, 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
CBFAX vs. ABALX - Dividend Comparison
CBFAX's dividend yield for the trailing twelve months is around 6.36%, less than ABALX's 8.39% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CBFAX American Funds Global Balanced Fund | 6.36% | 6.32% | 5.50% | 1.58% | 1.49% | 6.01% | 1.21% | 1.83% | 2.25% | 3.11% | 1.93% | 3.20% |
ABALX American Funds American Balanced Fund Class A | 8.39% | 8.27% | 6.87% | 2.05% | 2.30% | 4.30% | 4.35% | 3.49% | 5.49% | 4.72% | 4.24% | 5.60% |
Drawdowns
CBFAX vs. ABALX - Drawdown Comparison
The maximum CBFAX drawdown since its inception was -23.35%, smaller than the maximum ABALX drawdown of -40.20%. Use the drawdown chart below to compare losses from any high point for CBFAX and ABALX.
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Drawdown Indicators
| CBFAX | ABALX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.35% | -40.20% | +16.85% |
Max Drawdown (1Y)Largest decline over 1 year | -6.73% | -7.33% | +0.60% |
Max Drawdown (5Y)Largest decline over 5 years | -22.56% | -18.76% | -3.80% |
Max Drawdown (10Y)Largest decline over 10 years | -23.35% | -22.34% | -1.01% |
Current DrawdownCurrent decline from peak | -5.02% | -5.37% | +0.35% |
Average DrawdownAverage peak-to-trough decline | -3.73% | -3.86% | +0.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.66% | 1.76% | -0.10% |
Volatility
CBFAX vs. ABALX - Volatility Comparison
American Funds Global Balanced Fund (CBFAX) has a higher volatility of 4.13% compared to American Funds American Balanced Fund Class A (ABALX) at 3.89%. This indicates that CBFAX's price experiences larger fluctuations and is considered to be riskier 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
| CBFAX | ABALX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.13% | 3.89% | +0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 6.33% | 6.96% | -0.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.58% | 11.22% | -1.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.86% | 10.45% | -0.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.42% | 10.63% | -0.21% |