FCQTX vs. ABALX
Compare and contrast key facts about American Funds 2065 Target Date Retirement Fund (FCQTX) and American Funds American Balanced Fund Class A (ABALX).
FCQTX is managed by American Funds. It was launched on Mar 26, 2020. ABALX is managed by American Funds. It was launched on Jul 26, 1975.
Performance
FCQTX vs. ABALX - Performance Comparison
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FCQTX vs. ABALX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FCQTX American Funds 2065 Target Date Retirement Fund | -5.95% | 20.74% | 15.64% | 21.56% | -19.63% | 17.34% | 47.06% |
ABALX American Funds American Balanced Fund Class A | -2.86% | 18.45% | 14.63% | 13.65% | -12.13% | 15.75% | 27.15% |
Returns By Period
In the year-to-date period, FCQTX achieves a -5.95% return, which is significantly lower than ABALX's -2.86% return.
FCQTX
- 1D
- -0.42%
- 1M
- -9.36%
- YTD
- -5.95%
- 6M
- -2.92%
- 1Y
- 15.81%
- 3Y*
- 14.49%
- 5Y*
- 7.64%
- 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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FCQTX vs. ABALX - Expense Ratio Comparison
FCQTX has a 0.01% expense ratio, which is lower than ABALX's 0.56% expense ratio.
Return for Risk
FCQTX vs. ABALX — Risk / Return Rank
FCQTX
ABALX
FCQTX vs. ABALX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds 2065 Target Date Retirement Fund (FCQTX) 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.
| FCQTX | ABALX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.04 | 1.43 | -0.39 |
Sortino ratioReturn per unit of downside risk | 1.56 | 2.09 | -0.53 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.29 | -0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.35 | 2.00 | -0.66 |
Martin ratioReturn relative to average drawdown | 5.87 | 8.51 | -2.64 |
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
| FCQTX | ABALX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.04 | 1.43 | -0.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.53 | 0.77 | -0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.85 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.94 | 0.79 | +0.16 |
Correlation
The correlation between FCQTX and ABALX is 0.96, 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
FCQTX vs. ABALX - Dividend Comparison
FCQTX's dividend yield for the trailing twelve months is around 4.96%, less than ABALX's 8.54% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCQTX American Funds 2065 Target Date Retirement Fund | 4.96% | 4.67% | 2.80% | 1.99% | 3.96% | 1.54% | 0.72% | 0.00% | 0.00% | 0.00% | 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
FCQTX vs. ABALX - Drawdown Comparison
The maximum FCQTX drawdown since its inception was -27.34%, smaller than the maximum ABALX drawdown of -40.20%. Use the drawdown chart below to compare losses from any high point for FCQTX and ABALX.
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Drawdown Indicators
| FCQTX | ABALX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.34% | -40.20% | +12.86% |
Max Drawdown (1Y)Largest decline over 1 year | -10.21% | -7.33% | -2.88% |
Max Drawdown (5Y)Largest decline over 5 years | -27.34% | -18.76% | -8.58% |
Max Drawdown (10Y)Largest decline over 10 years | — | -22.34% | — |
Current DrawdownCurrent decline from peak | -9.83% | -7.03% | -2.80% |
Average DrawdownAverage peak-to-trough decline | -6.02% | -3.86% | -2.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.34% | 1.73% | +0.61% |
Volatility
FCQTX vs. ABALX - Volatility Comparison
American Funds 2065 Target Date Retirement Fund (FCQTX) has a higher volatility of 4.62% compared to American Funds American Balanced Fund Class A (ABALX) at 3.26%. This indicates that FCQTX'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
| FCQTX | ABALX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.62% | 3.26% | +1.36% |
Volatility (6M)Calculated over the trailing 6-month period | 9.04% | 6.74% | +2.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.15% | 11.11% | +4.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.58% | 10.42% | +4.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.05% | 10.61% | +4.44% |