RLBGX vs. FFLEX

In the year-to-date period, RLBGX achieves a 2.06% return, which is significantly lower than FFLEX's 4.03% return.

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RLBGX has a 0.25% expense ratio, which is higher than FFLEX's 0.08% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

This table presents a comparison of risk-adjusted performance metrics for American Funds American Balanced Fund Class R-6 (RLBGX) and Fidelity Freedom Index 2060 Fund Institutional Premium Class (FFLEX). 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.

The current RLBGX Sharpe Ratio is 0.48, which is lower than the FFLEX Sharpe Ratio of 0.72. The chart below compares the historical Sharpe Ratios of RLBGX and FFLEX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

RLBGX's dividend yield for the trailing twelve months is around 2.38%, more than FFLEX's 1.86% yield.

The maximum RLBGX drawdown since its inception was -22.33%, smaller than the maximum FFLEX drawdown of -32.22%. Use the drawdown chart below to compare losses from any high point for RLBGX and FFLEX. For additional features, visit the drawdowns tool.

The current volatility for American Funds American Balanced Fund Class R-6 (RLBGX) is 3.44%, while Fidelity Freedom Index 2060 Fund Institutional Premium Class (FFLEX) has a volatility of 4.46%. This indicates that RLBGX experiences smaller price fluctuations and is considered to be less risky than FFLEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.