PABFX vs. ABALX
Compare and contrast key facts about PGIM Balanced Fund (PABFX) and American Funds American Balanced Fund Class A (ABALX).
PABFX is managed by PGIM Investments. It was launched on Jan 3, 1993. 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: PABFX or ABALX.
Correlation
The correlation between PABFX and ABALX 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
PABFX vs. ABALX - Performance Comparison
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Key characteristics
PABFX:
0.24
ABALX:
0.49
PABFX:
0.40
ABALX:
0.74
PABFX:
1.06
ABALX:
1.11
PABFX:
0.19
ABALX:
0.47
PABFX:
0.56
ABALX:
1.47
PABFX:
5.36%
ABALX:
4.24%
PABFX:
12.43%
ABALX:
12.70%
PABFX:
-45.40%
ABALX:
-39.31%
PABFX:
-6.49%
ABALX:
-4.59%
Returns By Period
In the year-to-date period, PABFX achieves a 1.53% return, which is significantly lower than ABALX's 2.25% return. Over the past 10 years, PABFX has underperformed ABALX with an annualized return of 3.06%, while ABALX has yielded a comparatively higher 5.19% annualized return.
PABFX
1.53%
7.01%
-4.80%
2.93%
6.30%
3.06%
ABALX
2.25%
5.68%
-3.26%
6.15%
7.49%
5.19%
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PABFX vs. ABALX - Expense Ratio Comparison
PABFX has a 0.78% expense ratio, which is higher than ABALX's 0.56% expense ratio.
Risk-Adjusted Performance
PABFX vs. ABALX — Risk-Adjusted Performance Rank
PABFX
ABALX
PABFX vs. ABALX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Balanced Fund (PABFX) 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
PABFX vs. ABALX - Dividend Comparison
PABFX's dividend yield for the trailing twelve months is around 2.49%, less than ABALX's 7.05% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PABFX PGIM Balanced Fund | 2.49% | 2.57% | 2.35% | 2.10% | 1.74% | 1.46% | 1.72% | 1.87% | 1.44% | 1.82% | 1.59% | 1.63% |
ABALX American Funds American Balanced Fund Class A | 7.05% | 7.19% | 2.36% | 2.30% | 4.30% | 4.35% | 4.00% | 6.17% | 5.40% | 4.24% | 6.02% | 8.15% |
Drawdowns
PABFX vs. ABALX - Drawdown Comparison
The maximum PABFX drawdown since its inception was -45.40%, which is greater than ABALX's maximum drawdown of -39.31%. Use the drawdown chart below to compare losses from any high point for PABFX and ABALX. For additional features, visit the drawdowns tool.
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Volatility
PABFX vs. ABALX - Volatility Comparison
PGIM Balanced Fund (PABFX) and American Funds American Balanced Fund Class A (ABALX) have volatilities of 3.35% and 3.36%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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