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CBFAX vs. FXAIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


CBFAXFXAIX
YTD Return8.84%23.25%
1Y Return21.95%40.61%
3Y Return (Ann)2.28%9.78%
5Y Return (Ann)5.91%15.53%
10Y Return (Ann)4.97%13.29%
Sharpe Ratio2.833.43
Sortino Ratio4.204.53
Omega Ratio1.551.64
Calmar Ratio1.674.17
Martin Ratio19.9922.54
Ulcer Index1.11%1.84%
Daily Std Dev7.82%12.11%
Max Drawdown-23.35%-33.79%
Current Drawdown-2.43%-0.86%

Correlation

-0.50.00.51.00.9

The correlation between CBFAX and FXAIX is 0.87, 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

CBFAX vs. FXAIX - Performance Comparison

In the year-to-date period, CBFAX achieves a 8.84% return, which is significantly lower than FXAIX's 23.25% return. Over the past 10 years, CBFAX has underperformed FXAIX with an annualized return of 4.97%, while FXAIX has yielded a comparatively higher 13.29% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctober
8.15%
16.63%
CBFAX
FXAIX

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CBFAX vs. FXAIX - Expense Ratio Comparison

CBFAX has a 0.84% expense ratio, which is higher than FXAIX's 0.02% expense ratio.


CBFAX
American Funds Global Balanced Fund
Expense ratio chart for CBFAX: current value at 0.84% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.84%
Expense ratio chart for FXAIX: current value at 0.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.02%

Risk-Adjusted Performance

CBFAX vs. FXAIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds Global Balanced Fund (CBFAX) and Fidelity 500 Index Fund (FXAIX). 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
Sharpe ratio
The chart of Sharpe ratio for CBFAX, currently valued at 2.83, compared to the broader market-2.000.002.004.002.83
Sortino ratio
The chart of Sortino ratio for CBFAX, currently valued at 4.20, compared to the broader market0.005.0010.004.20
Omega ratio
The chart of Omega ratio for CBFAX, currently valued at 1.55, compared to the broader market1.002.003.004.001.55
Calmar ratio
The chart of Calmar ratio for CBFAX, currently valued at 1.67, compared to the broader market0.005.0010.0015.001.67
Martin ratio
The chart of Martin ratio for CBFAX, currently valued at 19.99, compared to the broader market0.0020.0040.0060.0080.0019.99
FXAIX
Sharpe ratio
The chart of Sharpe ratio for FXAIX, currently valued at 3.43, compared to the broader market-2.000.002.004.003.43
Sortino ratio
The chart of Sortino ratio for FXAIX, currently valued at 4.53, compared to the broader market0.005.0010.004.53
Omega ratio
The chart of Omega ratio for FXAIX, currently valued at 1.64, compared to the broader market1.002.003.004.001.64
Calmar ratio
The chart of Calmar ratio for FXAIX, currently valued at 4.17, compared to the broader market0.005.0010.0015.004.17
Martin ratio
The chart of Martin ratio for FXAIX, currently valued at 22.54, compared to the broader market0.0020.0040.0060.0080.0022.54

CBFAX vs. FXAIX - Sharpe Ratio Comparison

The current CBFAX Sharpe Ratio is 2.83, which is comparable to the FXAIX Sharpe Ratio of 3.43. The chart below compares the historical Sharpe Ratios of CBFAX and FXAIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctober
2.83
3.43
CBFAX
FXAIX

Dividends

CBFAX vs. FXAIX - Dividend Comparison

CBFAX's dividend yield for the trailing twelve months is around 1.70%, more than FXAIX's 1.25% yield.


TTM20232022202120202019201820172016201520142013
CBFAX
American Funds Global Balanced Fund
1.70%1.58%1.49%6.01%1.21%1.83%2.25%3.11%1.93%3.20%4.51%3.45%
FXAIX
Fidelity 500 Index Fund
1.25%1.45%1.69%1.22%1.60%2.06%2.72%1.97%2.52%2.83%2.63%1.84%

Drawdowns

CBFAX vs. FXAIX - Drawdown Comparison

The maximum CBFAX drawdown since its inception was -23.35%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for CBFAX and FXAIX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctober
-2.43%
-0.86%
CBFAX
FXAIX

Volatility

CBFAX vs. FXAIX - Volatility Comparison

The current volatility for American Funds Global Balanced Fund (CBFAX) is 1.29%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 2.54%. This indicates that CBFAX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctober
1.29%
2.54%
CBFAX
FXAIX