DQIRX vs. ABALX
Compare and contrast key facts about BNY Mellon Equity Income Fund (DQIRX) and American Funds American Balanced Fund Class A (ABALX).
DQIRX is managed by Dreyfus. It was launched on Jul 5, 2006. ABALX is managed by American Funds. It was launched on Jul 26, 1975.
Performance
DQIRX vs. ABALX - Performance Comparison
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DQIRX vs. ABALX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DQIRX BNY Mellon Equity Income Fund | 0.36% | 19.01% | 26.93% | 19.21% | -9.35% | 29.13% | 4.81% | 24.98% | -3.60% | 17.40% |
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, DQIRX achieves a 0.36% return, which is significantly higher than ABALX's -1.12% return. Over the past 10 years, DQIRX has outperformed ABALX with an annualized return of 13.15%, while ABALX has yielded a comparatively lower 9.17% annualized return.
DQIRX
- 1D
- 2.38%
- 1M
- -3.44%
- YTD
- 0.36%
- 6M
- 3.12%
- 1Y
- 23.47%
- 3Y*
- 20.11%
- 5Y*
- 14.03%
- 10Y*
- 13.15%
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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DQIRX vs. ABALX - Expense Ratio Comparison
DQIRX has a 0.78% expense ratio, which is higher than ABALX's 0.56% expense ratio.
Return for Risk
DQIRX vs. ABALX — Risk / Return Rank
DQIRX
ABALX
DQIRX vs. ABALX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Equity Income Fund (DQIRX) 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.
| DQIRX | ABALX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.37 | 1.56 | -0.19 |
Sortino ratioReturn per unit of downside risk | 1.94 | 2.28 | -0.35 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.32 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.98 | 2.43 | -0.46 |
Martin ratioReturn relative to average drawdown | 10.02 | 10.15 | -0.13 |
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
| DQIRX | ABALX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.37 | 1.56 | -0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.89 | 0.79 | +0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.76 | 0.87 | -0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.79 | -0.25 |
Correlation
The correlation between DQIRX and ABALX is 0.94, 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
DQIRX vs. ABALX - Dividend Comparison
DQIRX's dividend yield for the trailing twelve months is around 3.02%, less than ABALX's 8.39% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DQIRX BNY Mellon Equity Income Fund | 3.02% | 3.12% | 7.05% | 4.56% | 6.54% | 2.61% | 3.42% | 2.50% | 5.29% | 8.45% | 4.04% | 8.22% |
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
DQIRX vs. ABALX - Drawdown Comparison
The maximum DQIRX drawdown since its inception was -50.77%, which is greater than ABALX's maximum drawdown of -40.20%. Use the drawdown chart below to compare losses from any high point for DQIRX and ABALX.
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Drawdown Indicators
| DQIRX | ABALX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.77% | -40.20% | -10.57% |
Max Drawdown (1Y)Largest decline over 1 year | -12.32% | -7.33% | -4.99% |
Max Drawdown (5Y)Largest decline over 5 years | -20.34% | -18.76% | -1.58% |
Max Drawdown (10Y)Largest decline over 10 years | -36.82% | -22.34% | -14.48% |
Current DrawdownCurrent decline from peak | -4.57% | -5.37% | +0.80% |
Average DrawdownAverage peak-to-trough decline | -6.99% | -3.86% | -3.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.43% | 1.76% | +0.67% |
Volatility
DQIRX vs. ABALX - Volatility Comparison
BNY Mellon Equity Income Fund (DQIRX) has a higher volatility of 4.41% compared to American Funds American Balanced Fund Class A (ABALX) at 3.89%. This indicates that DQIRX'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
| DQIRX | ABALX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.41% | 3.89% | +0.52% |
Volatility (6M)Calculated over the trailing 6-month period | 8.84% | 6.96% | +1.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.33% | 11.22% | +6.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.90% | 10.45% | +5.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.39% | 10.63% | +6.76% |