GWPFX vs. ABALX
Compare and contrast key facts about American Funds Global Growth Fund Class R-6 (GWPFX) and American Funds American Balanced Fund Class A (ABALX).
GWPFX is managed by American Funds. It was launched on May 18, 2009. ABALX is managed by American Funds. It was launched on Jul 26, 1975.
Performance
GWPFX vs. ABALX - Performance Comparison
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GWPFX vs. ABALX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GWPFX American Funds Global Growth Fund Class R-6 | -8.70% | 20.46% | 20.08% | 28.78% | -26.99% | 18.56% | 25.39% | 27.19% | -6.61% | 25.09% |
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, GWPFX achieves a -8.70% return, which is significantly lower than ABALX's -1.12% return. Over the past 10 years, GWPFX has outperformed ABALX with an annualized return of 11.48%, while ABALX has yielded a comparatively lower 9.17% annualized return.
GWPFX
- 1D
- -0.64%
- 1M
- -9.91%
- YTD
- -8.70%
- 6M
- -6.44%
- 1Y
- 15.24%
- 3Y*
- 15.98%
- 5Y*
- 7.26%
- 10Y*
- 11.48%
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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GWPFX vs. ABALX - Expense Ratio Comparison
GWPFX has a 0.47% expense ratio, which is lower than ABALX's 0.56% expense ratio.
Return for Risk
GWPFX vs. ABALX — Risk / Return Rank
GWPFX
ABALX
GWPFX vs. ABALX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Global Growth Fund Class R-6 (GWPFX) 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.
| GWPFX | ABALX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.84 | 1.56 | -0.72 |
Sortino ratioReturn per unit of downside risk | 1.31 | 2.28 | -0.98 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.32 | -0.14 |
Calmar ratioReturn relative to maximum drawdown | 1.10 | 2.43 | -1.33 |
Martin ratioReturn relative to average drawdown | 4.55 | 10.15 | -5.60 |
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
| GWPFX | ABALX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.84 | 1.56 | -0.72 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.40 | 0.79 | -0.39 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.28 | 0.87 | -0.59 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 0.79 | -0.49 |
Correlation
The correlation between GWPFX and ABALX is 0.93, 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
GWPFX vs. ABALX - Dividend Comparison
GWPFX's dividend yield for the trailing twelve months is around 6.30%, less than ABALX's 8.39% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GWPFX American Funds Global Growth Fund Class R-6 | 6.30% | 5.75% | 5.81% | 1.60% | 9.84% | 3.39% | 3.41% | 5.77% | 6.18% | 3.35% | 4.30% | 4.75% |
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
GWPFX vs. ABALX - Drawdown Comparison
The maximum GWPFX drawdown since its inception was -52.51%, which is greater than ABALX's maximum drawdown of -40.20%. Use the drawdown chart below to compare losses from any high point for GWPFX and ABALX.
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Drawdown Indicators
| GWPFX | ABALX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.51% | -40.20% | -12.31% |
Max Drawdown (1Y)Largest decline over 1 year | -11.78% | -7.33% | -4.45% |
Max Drawdown (5Y)Largest decline over 5 years | -34.15% | -18.76% | -15.39% |
Max Drawdown (10Y)Largest decline over 10 years | -52.51% | -22.34% | -30.17% |
Current DrawdownCurrent decline from peak | -11.78% | -5.37% | -6.41% |
Average DrawdownAverage peak-to-trough decline | -5.80% | -3.86% | -1.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.86% | 1.76% | +1.10% |
Volatility
GWPFX vs. ABALX - Volatility Comparison
American Funds Global Growth Fund Class R-6 (GWPFX) has a higher volatility of 5.34% compared to American Funds American Balanced Fund Class A (ABALX) at 3.89%. This indicates that GWPFX'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
| GWPFX | ABALX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.34% | 3.89% | +1.45% |
Volatility (6M)Calculated over the trailing 6-month period | 10.77% | 6.96% | +3.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.61% | 11.22% | +7.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.11% | 10.45% | +7.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.59% | 10.63% | +30.96% |