MACPX vs. AABTX
Compare and contrast key facts about BlackRock Sustainable Balanced Fund (MACPX) and American Funds 2015 Target Date Retirement Fund (AABTX).
MACPX is managed by Blackrock. It was launched on Nov 7, 1973. AABTX is managed by American Funds. It was launched on Jan 31, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MACPX or AABTX.
Key characteristics
| MACPX | AABTX | |
|---|---|---|
| YTD Return | 12.92% | 9.16% |
| 1Y Return | 20.84% | 15.65% |
| 3Y Return (Ann) | 5.29% | 3.09% |
| 5Y Return (Ann) | 10.25% | 5.95% |
| 10Y Return (Ann) | 8.96% | 5.54% |
| Sharpe Ratio | 2.34 | 2.52 |
| Daily Std Dev | 8.84% | 6.08% |
| Max Drawdown | -41.75% | -42.44% |
| Current Drawdown | -0.07% | -0.31% |
Correlation
The correlation between MACPX and AABTX is 0.92, 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
MACPX vs. AABTX - Performance Comparison
In the year-to-date period, MACPX achieves a 12.92% return, which is significantly higher than AABTX's 9.16% return. Over the past 10 years, MACPX has outperformed AABTX with an annualized return of 8.96%, while AABTX has yielded a comparatively lower 5.54% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MACPX vs. AABTX - Expense Ratio Comparison
MACPX has a 0.50% expense ratio, which is higher than AABTX's 0.33% expense ratio.
Risk-Adjusted Performance
MACPX vs. AABTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Sustainable Balanced Fund (MACPX) and American Funds 2015 Target Date Retirement Fund (AABTX). 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
MACPX vs. AABTX - Dividend Comparison
MACPX's dividend yield for the trailing twelve months is around 3.64%, more than AABTX's 3.22% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MACPX BlackRock Sustainable Balanced Fund | 3.64% | 3.00% | 3.91% | 15.50% | 4.32% | 5.49% | 8.12% | 19.65% | 4.94% | 5.32% | 14.17% | 10.80% |
AABTX American Funds 2015 Target Date Retirement Fund | 3.22% | 3.52% | 3.72% | 4.95% | 4.07% | 4.05% | 4.28% | 2.71% | 3.02% | 5.56% | 5.32% | 5.11% |
Drawdowns
MACPX vs. AABTX - Drawdown Comparison
The maximum MACPX drawdown since its inception was -41.75%, roughly equal to the maximum AABTX drawdown of -42.44%. Use the drawdown chart below to compare losses from any high point for MACPX and AABTX. For additional features, visit the drawdowns tool.
Volatility
MACPX vs. AABTX - Volatility Comparison
BlackRock Sustainable Balanced Fund (MACPX) has a higher volatility of 2.30% compared to American Funds 2015 Target Date Retirement Fund (AABTX) at 1.42%. This indicates that MACPX's price experiences larger fluctuations and is considered to be riskier than AABTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.