ESGU vs. BALCX

Last updated Apr 1, 2026

Compare and contrast key facts about iShares ESG MSCI USA ETF (ESGU) and American Funds American Balanced Fund Class C (BALCX).

ESGU is a passively managed fund by iShares that tracks the performance of the MSCI USA ESG Focus Index. It was launched on Dec 1, 2016. BALCX is managed by American Funds. It was launched on Jul 26, 1975.

Performance

ESGU vs. BALCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares ESG MSCI USA ETF (ESGU) and American Funds American Balanced Fund Class C (BALCX). The values are adjusted to include any dividend payments, if applicable.

ESGU vs. BALCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ESGU iShares ESG MSCI USA ETF	-4.83%	16.90%	24.31%	25.79%	-20.27%	26.89%	22.54%	31.72%	-4.32%	21.07%
BALCX American Funds American Balanced Fund Class C	-3.02%	17.58%	14.00%	12.97%	-12.77%	14.87%	10.06%	17.66%	-4.09%	14.02%

Returns By Period

In the year-to-date period, ESGU achieves a -4.83% return, which is significantly lower than BALCX's -3.02% return.

ESGU

• 1D: 2.93%
• 1M: -4.97%
• YTD: -4.83%
• 6M: -2.32%
• 1Y: 17.24%
• 3Y*: 17.48%
• 5Y*: 10.42%
• 10Y*: —

BALCX

• 1D: -0.11%
• 1M: -6.86%
• YTD: -3.02%
• 6M: 0.47%
• 1Y: 14.48%
• 3Y*: 12.70%
• 5Y*: 7.28%
• 10Y*: 8.21%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ESGU vs. BALCX - Expense Ratio Comparison

ESGU has a 0.15% expense ratio, which is lower than BALCX's 1.31% expense ratio.

BALCX

American Funds American Balanced Fund Class C

ESGU

iShares ESG MSCI USA ETF

Return for Risk

ESGU vs. BALCX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ESGU

ESGU Risk / Return Rank: 61
ESGU Sharpe Ratio Rank: 55
ESGU Sortino Ratio Rank: 57
ESGU Omega Ratio Rank: 61
ESGU Calmar Ratio Rank: 61
ESGU Martin Ratio Rank: 70

BALCX

BALCX Risk / Return Rank: 78
BALCX Sharpe Ratio Rank: 76
BALCX Sortino Ratio Rank: 80
BALCX Omega Ratio Rank: 74
BALCX Calmar Ratio Rank: 79
BALCX Martin Ratio Rank: 80

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ESGU vs. BALCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares ESG MSCI USA ETF (ESGU) and American Funds American Balanced Fund Class C (BALCX). 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.

	ESGU	BALCX	Difference
Sharpe ratio Return per unit of total volatility	0.92	1.35	-0.43
Sortino ratio Return per unit of downside risk	1.42	1.98	-0.56
Omega ratio Gain probability vs. loss probability	1.21	1.28	-0.06
Calmar ratio Return relative to maximum drawdown	1.45	1.88	-0.43
Martin ratio Return relative to average drawdown	6.77	7.95	-1.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ESGU vs. BALCX - Sharpe Ratio Comparison

The current ESGU Sharpe Ratio is 0.92, which is lower than the BALCX Sharpe Ratio of 1.35. The chart below compares the historical Sharpe Ratios of ESGU and BALCX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ESGU	BALCX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.92	1.35	-0.43
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	0.70	-0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.78	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.74	0.58	+0.17

Correlation

The correlation between ESGU and BALCX 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

ESGU vs. BALCX - Dividend Comparison

ESGU's dividend yield for the trailing twelve months is around 1.07%, less than BALCX's 7.83% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ESGU iShares ESG MSCI USA ETF	1.07%	0.99%	1.18%	1.43%	1.58%	1.06%	1.27%	1.32%	1.73%	1.82%	0.00%	0.00%
BALCX American Funds American Balanced Fund Class C	7.83%	7.61%	6.37%	1.54%	1.53%	3.60%	3.68%	2.79%	4.67%	4.17%	3.51%	4.81%

Drawdowns

ESGU vs. BALCX - Drawdown Comparison

The maximum ESGU drawdown since its inception was -33.87%, smaller than the maximum BALCX drawdown of -40.88%. Use the drawdown chart below to compare losses from any high point for ESGU and BALCX.

Drawdown Indicators

	ESGU	BALCX	Difference
Max Drawdown Largest peak-to-trough decline	-33.87%	-40.88%	+7.01%
Max Drawdown (1Y) Largest decline over 1 year	-12.35%	-7.36%	-4.99%
Max Drawdown (5Y) Largest decline over 5 years	-26.15%	-19.22%	-6.93%
Max Drawdown (10Y) Largest decline over 10 years	—	-22.38%	—
Current Drawdown Current decline from peak	-6.59%	-7.08%	+0.49%
Average Drawdown Average peak-to-trough decline	-4.96%	-4.48%	-0.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.65%	1.74%	+0.91%

Volatility

ESGU vs. BALCX - Volatility Comparison

iShares ESG MSCI USA ETF (ESGU) has a higher volatility of 5.42% compared to American Funds American Balanced Fund Class C (BALCX) at 3.28%. This indicates that ESGU's price experiences larger fluctuations and is considered to be riskier than BALCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ESGU	BALCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.42%	3.28%	+2.14%
Volatility (6M) Calculated over the trailing 6-month period	9.77%	6.75%	+3.02%
Volatility (1Y) Calculated over the trailing 1-year period	18.75%	11.09%	+7.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.33%	10.41%	+6.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.70%	10.61%	+8.09%