LIRIX vs. RLBGX
Compare and contrast key facts about BlackRock LifePath Index Retirement Fund (LIRIX) and American Funds American Balanced Fund Class R-6 (RLBGX).
LIRIX is managed by Blackrock. It was launched on May 30, 2011. RLBGX 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: LIRIX or RLBGX.
Correlation
The correlation between LIRIX and RLBGX is 0.89, 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.
Performance
LIRIX vs. RLBGX - Performance Comparison
Key characteristics
LIRIX:
1.58
RLBGX:
1.19
LIRIX:
2.25
RLBGX:
1.56
LIRIX:
1.29
RLBGX:
1.23
LIRIX:
1.21
RLBGX:
1.60
LIRIX:
7.11
RLBGX:
4.85
LIRIX:
1.35%
RLBGX:
2.41%
LIRIX:
6.09%
RLBGX:
9.81%
LIRIX:
-21.06%
RLBGX:
-22.33%
LIRIX:
-0.16%
RLBGX:
-2.72%
Returns By Period
In the year-to-date period, LIRIX achieves a 2.76% return, which is significantly lower than RLBGX's 4.22% return. Over the past 10 years, LIRIX has underperformed RLBGX with an annualized return of 4.41%, while RLBGX has yielded a comparatively higher 5.83% annualized return.
LIRIX
2.76%
1.87%
2.06%
10.03%
3.70%
4.41%
RLBGX
4.22%
2.20%
1.73%
12.30%
6.33%
5.83%
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LIRIX vs. RLBGX - Expense Ratio Comparison
LIRIX has a 0.11% expense ratio, which is lower than RLBGX's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
LIRIX vs. RLBGX — Risk-Adjusted Performance Rank
LIRIX
RLBGX
LIRIX vs. RLBGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock LifePath Index Retirement Fund (LIRIX) and American Funds American Balanced Fund Class R-6 (RLBGX). 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
LIRIX vs. RLBGX - Dividend Comparison
LIRIX's dividend yield for the trailing twelve months is around 2.85%, more than RLBGX's 2.32% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LIRIX BlackRock LifePath Index Retirement Fund | 2.85% | 2.93% | 2.61% | 2.53% | 2.12% | 1.93% | 2.32% | 2.37% | 2.02% | 1.98% | 1.92% | 1.81% |
RLBGX American Funds American Balanced Fund Class R-6 | 2.32% | 2.41% | 2.66% | 2.02% | 1.50% | 1.63% | 2.20% | 2.41% | 2.07% | 2.07% | 2.84% | 8.51% |
Drawdowns
LIRIX vs. RLBGX - Drawdown Comparison
The maximum LIRIX drawdown since its inception was -21.06%, smaller than the maximum RLBGX drawdown of -22.33%. Use the drawdown chart below to compare losses from any high point for LIRIX and RLBGX. For additional features, visit the drawdowns tool.
Volatility
LIRIX vs. RLBGX - Volatility Comparison
The current volatility for BlackRock LifePath Index Retirement Fund (LIRIX) is 1.50%, while American Funds American Balanced Fund Class R-6 (RLBGX) has a volatility of 2.48%. This indicates that LIRIX experiences smaller price fluctuations and is considered to be less risky than RLBGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.