RFETX vs. ABALX
Compare and contrast key facts about American Funds 2030 Target Date Retirement Fund Class R6 (RFETX) and American Funds American Balanced Fund Class A (ABALX).
RFETX is an actively managed fund by American Funds. It was launched on Feb 1, 2007. ABALX is managed by American Funds. It was launched on Jul 26, 1975.
Performance
RFETX vs. ABALX - Performance Comparison
Loading graphics...
RFETX vs. ABALX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RFETX American Funds 2030 Target Date Retirement Fund Class R6 | -2.82% | 15.73% | 10.86% | 14.52% | -14.50% | 13.22% | 15.17% | 20.03% | -4.14% | 18.53% |
ABALX American Funds American Balanced Fund Class A | -2.86% | 18.45% | 14.63% | 13.65% | -12.13% | 15.75% | 10.85% | 18.60% | -3.35% | 14.69% |
Returns By Period
The year-to-date returns for both stocks are quite close, with RFETX having a -2.82% return and ABALX slightly lower at -2.86%. Both investments have delivered pretty close results over the past 10 years, with RFETX having a 8.73% annualized return and ABALX not far ahead at 8.98%.
RFETX
- 1D
- 0.05%
- 1M
- -5.98%
- YTD
- -2.82%
- 6M
- -0.54%
- 1Y
- 11.37%
- 3Y*
- 10.96%
- 5Y*
- 6.08%
- 10Y*
- 8.73%
ABALX
- 1D
- -0.14%
- 1M
- -6.82%
- YTD
- -2.86%
- 6M
- 0.85%
- 1Y
- 15.33%
- 3Y*
- 13.40%
- 5Y*
- 8.00%
- 10Y*
- 8.98%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RFETX vs. ABALX - Expense Ratio Comparison
RFETX has a 0.33% expense ratio, which is lower than ABALX's 0.56% expense ratio.
Return for Risk
RFETX vs. ABALX — Risk / Return Rank
RFETX
ABALX
RFETX vs. ABALX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds 2030 Target Date Retirement Fund Class R6 (RFETX) 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.
| RFETX | ABALX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.30 | 1.43 | -0.13 |
Sortino ratioReturn per unit of downside risk | 1.88 | 2.09 | -0.21 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.29 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.65 | 2.00 | -0.35 |
Martin ratioReturn relative to average drawdown | 7.16 | 8.51 | -1.35 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| RFETX | ABALX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.30 | 1.43 | -0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.63 | 0.77 | -0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.82 | 0.85 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.77 | 0.79 | -0.02 |
Correlation
The correlation between RFETX and ABALX is 0.96, 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.
Dividends
RFETX vs. ABALX - Dividend Comparison
RFETX's dividend yield for the trailing twelve months is around 6.81%, less than ABALX's 8.54% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RFETX American Funds 2030 Target Date Retirement Fund Class R6 | 6.81% | 6.62% | 4.04% | 3.00% | 4.73% | 6.77% | 3.86% | 4.26% | 4.81% | 2.86% | 3.77% | 5.83% |
ABALX American Funds American Balanced Fund Class A | 8.54% | 8.27% | 6.87% | 2.05% | 2.30% | 4.30% | 4.35% | 3.49% | 5.49% | 4.72% | 4.24% | 5.60% |
Drawdowns
RFETX vs. ABALX - Drawdown Comparison
The maximum RFETX drawdown since its inception was -22.29%, smaller than the maximum ABALX drawdown of -40.20%. Use the drawdown chart below to compare losses from any high point for RFETX and ABALX.
Loading graphics...
Drawdown Indicators
| RFETX | ABALX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.29% | -40.20% | +17.91% |
Max Drawdown (1Y)Largest decline over 1 year | -6.49% | -7.33% | +0.84% |
Max Drawdown (5Y)Largest decline over 5 years | -20.81% | -18.76% | -2.05% |
Max Drawdown (10Y)Largest decline over 10 years | -22.29% | -22.34% | +0.05% |
Current DrawdownCurrent decline from peak | -6.03% | -7.03% | +1.00% |
Average DrawdownAverage peak-to-trough decline | -3.31% | -3.86% | +0.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.50% | 1.73% | -0.23% |
Volatility
RFETX vs. ABALX - Volatility Comparison
The current volatility for American Funds 2030 Target Date Retirement Fund Class R6 (RFETX) is 2.92%, while American Funds American Balanced Fund Class A (ABALX) has a volatility of 3.26%. This indicates that RFETX 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.
Loading graphics...
Volatility by Period
| RFETX | ABALX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.92% | 3.26% | -0.34% |
Volatility (6M)Calculated over the trailing 6-month period | 5.34% | 6.74% | -1.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.98% | 11.11% | -2.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.69% | 10.42% | -0.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.65% | 10.61% | +0.04% |