RLBGX vs. AYBLX
RLBGX (American Funds American Balanced Fund Class R-6) and AYBLX (Pioneer Balanced ESG Fund) are both Diversified Portfolio funds. Over the past 10 years, RLBGX returned 10.56%/yr vs 10.67%/yr for AYBLX. Their correlation of 0.95 suggests significant overlap in exposure. RLBGX charges 0.25%/yr vs 0.65%/yr for AYBLX.
Performance
RLBGX vs. AYBLX - Performance Comparison
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Returns By Period
In the year-to-date period, RLBGX achieves a 9.55% return, which is significantly lower than AYBLX's 13.99% return. Both investments have delivered pretty close results over the past 10 years, with RLBGX having a 10.56% annualized return and AYBLX not far ahead at 10.67%.
RLBGX
- 1D
- -0.32%
- 1M
- 1.44%
- YTD
- 9.55%
- 6M
- 9.49%
- 1Y
- 23.09%
- 3Y*
- 17.46%
- 5Y*
- 9.99%
- 10Y*
- 10.56%
AYBLX
- 1D
- -0.21%
- 1M
- 1.64%
- YTD
- 13.99%
- 6M
- 13.54%
- 1Y
- 32.24%
- 3Y*
- 17.53%
- 5Y*
- 9.58%
- 10Y*
- 10.67%
RLBGX vs. AYBLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RLBGX American Funds American Balanced Fund Class R-6 | 9.55% | 18.83% | 15.35% | 13.92% | -11.85% | 16.10% | 11.20% | 18.95% | -3.07% | 14.97% |
AYBLX Pioneer Balanced ESG Fund | 13.99% | 19.80% | 9.64% | 15.41% | -14.39% | 15.48% | 12.92% | 22.22% | -4.43% | 15.19% |
Correlation
The correlation between RLBGX and AYBLX 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 | 0.94 |
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 AYBLX 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. AYBLX — Risk / Return Rank
RLBGX
AYBLX
RLBGX vs. AYBLX - 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 Pioneer Balanced ESG Fund (AYBLX). 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 | AYBLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.73 | ||
| Sortino ratioReturn per unit of downside risk | -1.05 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.62 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 3.43 | 5.16 | -1.74 |
| Martin ratioReturn relative to average drawdown | 15.17 | 24.00 | -8.82 |
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Drawdowns
RLBGX vs. AYBLX - Drawdown Comparison
The maximum RLBGX drawdown since its inception was -22.33%, smaller than the maximum AYBLX drawdown of -36.28%. Use the drawdown chart below to compare losses from any high point for RLBGX and AYBLX.
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Drawdown Indicators
| RLBGX | AYBLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.33% | -36.28% | +13.95% |
Max Drawdown (1Y)Largest decline over 1 year | -6.98% | -6.41% | -0.57% |
Max Drawdown (3Y)Largest decline over 3 years | -10.65% | -13.39% | +2.74% |
Max Drawdown (5Y)Largest decline over 5 years | -18.59% | -20.26% | +1.67% |
Max Drawdown (10Y)Largest decline over 10 years | -22.33% | -24.24% | +1.91% |
Current DrawdownCurrent decline from peak | -0.51% | -0.52% | +0.01% |
Average DrawdownAverage peak-to-trough decline | -2.46% | -3.78% | +1.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.57% | 1.38% | +0.19% |
Volatility
RLBGX vs. AYBLX - Volatility Comparison
The current volatility for American Funds American Balanced Fund Class R-6 (RLBGX) is 3.40%, while Pioneer Balanced ESG Fund (AYBLX) has a volatility of 3.63%. This indicates that RLBGX experiences smaller price fluctuations and is considered to be less risky than AYBLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RLBGX | AYBLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.40% | 3.63% | -0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 7.29% | 7.83% | -0.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.19% | 9.95% | -0.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.57% | 11.13% | -0.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.72% | 11.33% | -0.61% |
RLBGX vs. AYBLX - Expense Ratio Comparison
RLBGX has a 0.25% expense ratio, which is lower than AYBLX's 0.65% expense ratio.
Dividends
RLBGX vs. AYBLX - Dividend Comparison
RLBGX's dividend yield for the trailing twelve months is around 7.41%, more than AYBLX's 3.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AYBLX Pioneer Balanced ESG Fund | 3.24% | 3.58% | 2.59% | 1.76% | 3.23% | 8.61% | 4.12% | 6.03% | 9.97% | 9.42% | 2.63% | 4.14% |
RLBGX American Funds American Balanced Fund Class R-6 | 7.41% | 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 AYBLX 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.
AYBLX has higher volatility (3.63%) compared to RLBGX (3.40%). In terms of maximum drawdown, RLBGX dropped -22.33% vs AYBLX's -36.28%.
AYBLX currently has the higher Sharpe Ratio (3.33 vs 2.61), 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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