Correlation
The correlation between NBARX and ABALX is 0.87, 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.
NBARX vs. ABALX
Compare and contrast key facts about American Funds Retirement Income Portfolio - Moderate (NBARX) and American Funds American Balanced Fund Class A (ABALX).
NBARX is managed by American Funds. It was launched on Aug 27, 2015. 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: NBARX or ABALX.
Performance
NBARX vs. ABALX - Performance Comparison
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Key characteristics
NBARX:
1.52
ABALX:
0.95
NBARX:
1.86
ABALX:
1.42
NBARX:
1.27
ABALX:
1.20
NBARX:
1.62
ABALX:
1.10
NBARX:
7.83
ABALX:
4.43
NBARX:
1.41%
ABALX:
2.66%
NBARX:
8.23%
ABALX:
12.07%
NBARX:
-18.50%
ABALX:
-40.12%
NBARX:
0.00%
ABALX:
-1.14%
Returns By Period
In the year-to-date period, NBARX achieves a 5.40% return, which is significantly higher than ABALX's 2.98% return.
NBARX
5.40%
2.43%
3.53%
12.35%
5.51%
6.16%
N/A
ABALX
2.98%
3.68%
2.04%
12.47%
8.56%
9.25%
8.23%
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NBARX vs. ABALX - Expense Ratio Comparison
NBARX has a 0.32% expense ratio, which is lower than ABALX's 0.56% expense ratio.
Risk-Adjusted Performance
NBARX vs. ABALX — Risk-Adjusted Performance Rank
NBARX
ABALX
NBARX vs. ABALX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Retirement Income Portfolio - Moderate (NBARX) 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.
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Dividends
NBARX vs. ABALX - Dividend Comparison
NBARX's dividend yield for the trailing twelve months is around 3.18%, less than ABALX's 7.00% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NBARX American Funds Retirement Income Portfolio - Moderate | 3.18% | 3.25% | 3.46% | 5.04% | 3.48% | 3.97% | 3.87% | 3.89% | 2.50% | 2.55% | 0.73% | 0.00% |
ABALX American Funds American Balanced Fund Class A | 7.00% | 7.19% | 2.36% | 2.31% | 4.30% | 4.35% | 4.00% | 6.17% | 5.40% | 4.24% | 5.60% | 7.37% |
Drawdowns
NBARX vs. ABALX - Drawdown Comparison
The maximum NBARX drawdown since its inception was -18.50%, smaller than the maximum ABALX drawdown of -40.12%. Use the drawdown chart below to compare losses from any high point for NBARX and ABALX.
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Volatility
NBARX vs. ABALX - Volatility Comparison
The current volatility for American Funds Retirement Income Portfolio - Moderate (NBARX) is 1.88%, while American Funds American Balanced Fund Class A (ABALX) has a volatility of 2.70%. This indicates that NBARX 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.
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