GOGFX vs. BALFX

Last updated Jun 5, 2026

GOGFX (Victory Sycamore Small Company Opportunity Fund) and BALFX (American Funds American Balanced Fund) are both mutual funds - GOGFX is a Small Cap Value Equities fund managed by Victory, while BALFX is a Diversified Portfolio fund managed by American Funds. Over the past 10 years, GOGFX returned 9.72%/yr vs 10.03%/yr for BALFX. Their correlation of 0.81 suggests significant overlap in exposure. GOGFX charges 1.42%/yr vs 0.62%/yr for BALFX.

Performance

GOGFX vs. BALFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Victory Sycamore Small Company Opportunity Fund (GOGFX) and American Funds American Balanced Fund (BALFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GOGFX achieves a 13.95% return, which is significantly higher than BALFX's 9.43% return. Both investments have delivered pretty close results over the past 10 years, with GOGFX having a 9.72% annualized return and BALFX not far ahead at 10.03%.

GOGFX

• 1D: -0.37%
• 1M: 0.80%
• YTD: 13.95%
• 6M: 13.72%
• 1Y: 25.97%
• 3Y*: 10.04%
• 5Y*: 5.15%
• 10Y*: 9.72%

BALFX

• 1D: -0.46%
• 1M: 2.84%
• YTD: 9.43%
• 6M: 10.23%
• 1Y: 23.91%
• 3Y*: 17.32%
• 5Y*: 9.44%
• 10Y*: 10.03%

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

GOGFX vs. BALFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GOGFX Victory Sycamore Small Company Opportunity Fund	13.95%	1.16%	4.87%	11.10%	-7.11%	24.78%	4.21%	26.31%	-8.99%	11.27%
BALFX American Funds American Balanced Fund	9.43%	18.40%	14.91%	13.62%	-12.19%	15.69%	10.81%	18.50%	-3.54%	14.63%

Correlation

The correlation between GOGFX and BALFX is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.66
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (10Y) Calculated over the trailing 10-year period	0.74
Correlation (All Time) Calculated using the full available price history since Mar 16, 2001	0.81

The correlation between GOGFX and BALFX shifts across timeframes, from 0.66 (1 year) to 0.81 (all time), reflecting how their relationship changes across market environments.

Return for Risk

GOGFX vs. BALFX — Risk / Return Rank

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

GOGFX

GOGFX Risk / Return Rank: 33
GOGFX Sharpe Ratio Rank: 29
GOGFX Sortino Ratio Rank: 32
GOGFX Omega Ratio Rank: 28
GOGFX Calmar Ratio Rank: 39
GOGFX Martin Ratio Rank: 36

BALFX

BALFX Risk / Return Rank: 82
BALFX Sharpe Ratio Rank: 85
BALFX Sortino Ratio Rank: 82
BALFX Omega Ratio Rank: 79
BALFX Calmar Ratio Rank: 77
BALFX Martin Ratio Rank: 84

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.

GOGFX vs. BALFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Victory Sycamore Small Company Opportunity Fund (GOGFX) and American Funds American Balanced Fund (BALFX). 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.

	GOGFX	BALFX	Difference
Sharpe ratio: Return per unit of total volatility	1.49	2.80	-1.30
Sortino ratio: Return per unit of downside risk	2.29	3.92	-1.63
Omega ratio: Gain probability vs. loss probability	1.27	1.53	-0.26
Calmar ratio: Return relative to maximum drawdown	2.32	3.47	-1.15
Martin ratio: Return relative to average drawdown	7.76	15.69	-7.93
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GOGFX vs. BALFX - Sharpe Ratio Comparison

The current GOGFX Sharpe Ratio is 1.49, which is lower than the BALFX Sharpe Ratio of 2.80. The chart below compares the historical Sharpe Ratios of GOGFX and BALFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GOGFX	BALFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.49	2.80	-1.30
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.24	0.90	-0.66
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.44	0.94	-0.51
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	0.69	-0.19

Drawdowns

GOGFX vs. BALFX - Drawdown Comparison

The maximum GOGFX drawdown since its inception was -55.84%, which is greater than BALFX's maximum drawdown of -40.20%. Use the drawdown chart below to compare losses from any high point for GOGFX and BALFX.

Drawdown Indicators

	GOGFX	BALFX	Difference
Max Drawdown Largest peak-to-trough decline	-55.84%	-40.20%	-15.64%
Max Drawdown (1Y) Largest decline over 1 year	-11.05%	-7.03%	-4.02%
Max Drawdown (3Y) Largest decline over 3 years	-26.25%	-10.67%	-15.58%
Max Drawdown (5Y) Largest decline over 5 years	-26.25%	-18.81%	-7.44%
Max Drawdown (10Y) Largest decline over 10 years	-39.72%	-22.34%	-17.38%
Current Drawdown Current decline from peak	-0.59%	-0.46%	-0.13%
Average Drawdown Average peak-to-trough decline	-7.70%	-4.16%	-3.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.30%	1.55%	+1.75%

Volatility

GOGFX vs. BALFX - Volatility Comparison

Victory Sycamore Small Company Opportunity Fund (GOGFX) has a higher volatility of 4.57% compared to American Funds American Balanced Fund (BALFX) at 2.71%. This indicates that GOGFX's price experiences larger fluctuations and is considered to be riskier than BALFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GOGFX	BALFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.57%	2.71%	+1.86%
Volatility (6M) Calculated over the trailing 6-month period	11.90%	6.83%	+5.07%
Volatility (1Y) Calculated over the trailing 1-year period	17.23%	8.74%	+8.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.58%	10.49%	+11.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.39%	10.66%	+11.73%

GOGFX vs. BALFX - Expense Ratio Comparison

GOGFX has a 1.42% expense ratio, which is higher than BALFX's 0.62% expense ratio.

Dividends

GOGFX vs. BALFX - Dividend Comparison

GOGFX's dividend yield for the trailing twelve months is around 5.25%, less than BALFX's 7.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BALFX American Funds American Balanced Fund	7.53%	8.22%	7.14%	2.02%	2.24%	4.24%	4.31%	3.44%	5.30%	4.66%	4.18%	5.54%
GOGFX Victory Sycamore Small Company Opportunity Fund	5.25%	5.99%	9.29%	6.87%	6.10%	13.49%	0.60%	5.30%	14.65%	5.37%	4.66%	9.99%

Frequently Asked Questions

Can I hold both GOGFX and BALFX in my portfolio?

GOGFX and BALFX have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GOGFX or BALFX?

GOGFX has higher volatility (4.57%) compared to BALFX (2.71%). In terms of maximum drawdown, GOGFX dropped -55.84% vs BALFX's -40.20%.

Which has better risk-adjusted returns?

BALFX currently has the higher Sharpe Ratio (2.80 vs 1.49), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.