RLBGX vs. AOBLX
RLBGX (American Funds American Balanced Fund Class R-6) and AOBLX (Victory Pioneer Balanced Fund Class A) are both Diversified Portfolio funds. Over the past 10 years, RLBGX returned 10.47%/yr vs 10.40%/yr for AOBLX. Their correlation of 0.95 suggests significant overlap in exposure. RLBGX charges 0.25%/yr vs 0.93%/yr for AOBLX.
Performance
RLBGX vs. AOBLX - Performance Comparison
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Returns By Period
In the year-to-date period, RLBGX achieves a 8.69% return, which is significantly lower than AOBLX's 13.40% return. Both investments have delivered pretty close results over the past 10 years, with RLBGX having a 10.47% annualized return and AOBLX not far behind at 10.40%.
RLBGX
- 1D
- 0.25%
- 1M
- -0.05%
- YTD
- 8.69%
- 6M
- 8.23%
- 1Y
- 21.05%
- 3Y*
- 17.15%
- 5Y*
- 9.69%
- 10Y*
- 10.47%
AOBLX
- 1D
- 0.42%
- 1M
- 0.35%
- YTD
- 13.40%
- 6M
- 12.69%
- 1Y
- 30.14%
- 3Y*
- 17.15%
- 5Y*
- 9.08%
- 10Y*
- 10.40%
RLBGX vs. AOBLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RLBGX American Funds American Balanced Fund Class R-6 | 8.69% | 18.83% | 15.35% | 13.92% | -11.85% | 16.10% | 11.20% | 18.95% | -3.07% | 14.97% |
AOBLX Victory Pioneer Balanced Fund Class A | 13.40% | 19.59% | 9.46% | 15.00% | -14.64% | 15.10% | 13.15% | 21.75% | -4.63% | 14.99% |
Correlation
The correlation between RLBGX and AOBLX is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.92 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2010 | 0.95 |
The correlation between RLBGX and AOBLX has been stable across timeframes, ranging from 0.91 to 0.95 - a consistent structural relationship.
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Return for Risk
RLBGX vs. AOBLX — Risk / Return Rank
RLBGX
AOBLX
RLBGX vs. AOBLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds American Balanced Fund Class R-6 (RLBGX) and Victory Pioneer Balanced Fund Class A (AOBLX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RLBGX | AOBLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.76 | ||
| Sortino ratioReturn per unit of downside risk | -1.12 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.56 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 3.01 | 4.72 | -1.71 |
| Martin ratioReturn relative to average drawdown | 13.28 | 21.77 | -8.49 |
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Drawdowns
RLBGX vs. AOBLX - Drawdown Comparison
The maximum RLBGX drawdown since its inception was -22.33%, smaller than the maximum AOBLX drawdown of -36.70%. Use the drawdown chart below to compare losses from any high point for RLBGX and AOBLX.
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Drawdown Indicators
| RLBGX | AOBLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.33% | -36.70% | +14.37% |
Max Drawdown (1Y)Largest decline over 1 year | -6.98% | -6.42% | -0.56% |
Max Drawdown (3Y)Largest decline over 3 years | -10.65% | -13.52% | +2.87% |
Max Drawdown (5Y)Largest decline over 5 years | -18.59% | -20.48% | +1.89% |
Max Drawdown (10Y)Largest decline over 10 years | -22.33% | -24.31% | +1.98% |
Current DrawdownCurrent decline from peak | -1.29% | -0.97% | -0.32% |
Average DrawdownAverage peak-to-trough decline | -2.46% | -3.80% | +1.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.58% | 1.39% | +0.19% |
Volatility
RLBGX vs. AOBLX - Volatility Comparison
American Funds American Balanced Fund Class R-6 (RLBGX) and Victory Pioneer Balanced Fund Class A (AOBLX) have volatilities of 3.58% and 3.69%, 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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Volatility by Period
| RLBGX | AOBLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.58% | 3.69% | -0.11% |
Volatility (6M)Calculated over the trailing 6-month period | 7.34% | 7.85% | -0.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.23% | 9.97% | -0.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.58% | 11.15% | -0.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.70% | 11.33% | -0.63% |
RLBGX vs. AOBLX - Expense Ratio Comparison
RLBGX has a 0.25% expense ratio, which is lower than AOBLX's 0.93% expense ratio.
Dividends
RLBGX vs. AOBLX - Dividend Comparison
RLBGX's dividend yield for the trailing twelve months is around 7.46%, more than AOBLX's 3.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AOBLX Victory Pioneer Balanced Fund Class A | 3.18% | 3.48% | 2.28% | 1.52% | 2.97% | 8.33% | 4.31% | 5.78% | 9.70% | 9.22% | 2.51% | 3.97% |
RLBGX American Funds American Balanced Fund Class R-6 | 7.46% | 8.56% | 7.50% | 2.27% | 2.63% | 4.59% | 4.65% | 3.78% | 5.81% | 4.92% | 4.54% | 5.91% |
Frequently Asked Questions
With a correlation of 0.91, RLBGX and AOBLX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
AOBLX has higher volatility (3.69%) compared to RLBGX (3.58%). In terms of maximum drawdown, RLBGX dropped -22.33% vs AOBLX's -36.70%.
AOBLX currently has the higher Sharpe Ratio (3.05 vs 2.29), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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