INPAX vs. ABALX
Compare and contrast key facts about American Funds Conservative Growth and Income Portfolio (INPAX) and American Funds American Balanced Fund Class A (ABALX).
INPAX is managed by American Funds. It was launched on May 17, 2012. ABALX is managed by American Funds. It was launched on Jul 26, 1975.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: INPAX or ABALX.
Performance
INPAX vs. ABALX - Performance Comparison
Returns By Period
In the year-to-date period, INPAX achieves a 10.61% return, which is significantly lower than ABALX's 15.29% return. Over the past 10 years, INPAX has underperformed ABALX with an annualized return of 5.86%, while ABALX has yielded a comparatively higher 8.27% annualized return.
INPAX
10.61%
0.15%
6.83%
16.41%
6.27%
5.86%
ABALX
15.29%
0.74%
8.28%
21.16%
8.76%
8.27%
Key characteristics
| INPAX | ABALX | |
|---|---|---|
| Sharpe Ratio | 2.83 | 2.53 |
| Sortino Ratio | 4.06 | 3.57 |
| Omega Ratio | 1.55 | 1.47 |
| Calmar Ratio | 3.25 | 4.32 |
| Martin Ratio | 18.10 | 16.89 |
| Ulcer Index | 0.91% | 1.25% |
| Daily Std Dev | 5.79% | 8.38% |
| Max Drawdown | -21.25% | -39.31% |
| Current Drawdown | -0.80% | -1.16% |
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INPAX vs. ABALX - Expense Ratio Comparison
INPAX has a 0.33% expense ratio, which is lower than ABALX's 0.56% expense ratio.
Correlation
The correlation between INPAX 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.
Risk-Adjusted Performance
INPAX vs. ABALX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Conservative Growth and Income Portfolio (INPAX) 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.
Dividends
INPAX vs. ABALX - Dividend Comparison
INPAX's dividend yield for the trailing twelve months is around 3.80%, more than ABALX's 2.15% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INPAX American Funds Conservative Growth and Income Portfolio | 3.80% | 3.91% | 3.41% | 2.64% | 3.52% | 3.28% | 3.36% | 2.84% | 3.17% | 3.44% | 4.68% | 3.78% |
ABALX American Funds American Balanced Fund Class A | 2.15% | 2.36% | 1.69% | 1.20% | 1.32% | 1.91% | 2.10% | 1.79% | 1.77% | 2.47% | 8.09% | 1.54% |
Drawdowns
INPAX vs. ABALX - Drawdown Comparison
The maximum INPAX drawdown since its inception was -21.25%, smaller than the maximum ABALX drawdown of -39.31%. Use the drawdown chart below to compare losses from any high point for INPAX and ABALX. For additional features, visit the drawdowns tool.
Volatility
INPAX vs. ABALX - Volatility Comparison
The current volatility for American Funds Conservative Growth and Income Portfolio (INPAX) is 1.54%, while American Funds American Balanced Fund Class A (ABALX) has a volatility of 2.44%. This indicates that INPAX experiences smaller price fluctuations and is considered to be less risky than ABALX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.