RLBGX vs. FGTKX
Compare and contrast key facts about American Funds American Balanced Fund Class R-6 (RLBGX) and Fidelity Freedom 2030 Fund Class K6 (FGTKX).
RLBGX is managed by American Funds. It was launched on Jul 26, 1975. FGTKX is managed by Fidelity. It was launched on Oct 17, 1996.
Performance
RLBGX vs. FGTKX - Performance Comparison
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RLBGX vs. FGTKX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RLBGX American Funds American Balanced Fund Class R-6 | -1.07% | 18.83% | 15.35% | 13.92% | -11.85% | 16.10% | 11.20% | 18.95% | -3.07% | 7.11% |
FGTKX Fidelity Freedom 2030 Fund Class K6 | -0.10% | 17.95% | 12.72% | 15.72% | -16.78% | 11.76% | 15.91% | 22.06% | -6.81% | 8.60% |
Returns By Period
In the year-to-date period, RLBGX achieves a -1.07% return, which is significantly lower than FGTKX's -0.10% return.
RLBGX
- 1D
- 1.76%
- 1M
- -4.85%
- YTD
- -1.07%
- 6M
- 2.20%
- 1Y
- 17.26%
- 3Y*
- 14.51%
- 5Y*
- 8.58%
- 10Y*
- 9.52%
FGTKX
- 1D
- 1.94%
- 1M
- -4.24%
- YTD
- -0.10%
- 6M
- 2.28%
- 1Y
- 15.90%
- 3Y*
- 13.19%
- 5Y*
- 6.47%
- 10Y*
- —
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RLBGX vs. FGTKX - Expense Ratio Comparison
RLBGX has a 0.25% expense ratio, which is lower than FGTKX's 0.46% expense ratio.
Return for Risk
RLBGX vs. FGTKX — Risk / Return Rank
RLBGX
FGTKX
RLBGX vs. FGTKX - 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 Fidelity Freedom 2030 Fund Class K6 (FGTKX). 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.
| RLBGX | FGTKX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.59 | 1.52 | +0.07 |
Sortino ratioReturn per unit of downside risk | 2.33 | 2.15 | +0.18 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.32 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 2.48 | 1.97 | +0.50 |
Martin ratioReturn relative to average drawdown | 10.39 | 8.56 | +1.83 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RLBGX | FGTKX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.59 | 1.52 | +0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | 0.61 | +0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.90 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.92 | 0.73 | +0.20 |
Correlation
The correlation between RLBGX and FGTKX is 0.93, 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
RLBGX vs. FGTKX - Dividend Comparison
RLBGX's dividend yield for the trailing twelve months is around 8.69%, more than FGTKX's 5.76% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RLBGX American Funds American Balanced Fund Class R-6 | 8.69% | 8.56% | 7.50% | 2.27% | 2.63% | 4.59% | 4.65% | 3.78% | 5.81% | 4.92% | 4.54% | 5.91% |
FGTKX Fidelity Freedom 2030 Fund Class K6 | 5.76% | 5.75% | 6.28% | 2.18% | 10.38% | 11.19% | 6.49% | 7.08% | 7.77% | 3.24% | 0.00% | 0.00% |
Drawdowns
RLBGX vs. FGTKX - Drawdown Comparison
The maximum RLBGX drawdown since its inception was -22.33%, smaller than the maximum FGTKX drawdown of -24.66%. Use the drawdown chart below to compare losses from any high point for RLBGX and FGTKX.
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Drawdown Indicators
| RLBGX | FGTKX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.33% | -24.66% | +2.33% |
Max Drawdown (1Y)Largest decline over 1 year | -7.33% | -7.86% | +0.53% |
Max Drawdown (5Y)Largest decline over 5 years | -18.59% | -24.18% | +5.59% |
Max Drawdown (10Y)Largest decline over 10 years | -22.33% | — | — |
Current DrawdownCurrent decline from peak | -5.34% | -5.00% | -0.34% |
Average DrawdownAverage peak-to-trough decline | -2.48% | -4.88% | +2.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.75% | 1.81% | -0.06% |
Volatility
RLBGX vs. FGTKX - Volatility Comparison
The current volatility for American Funds American Balanced Fund Class R-6 (RLBGX) is 3.86%, while Fidelity Freedom 2030 Fund Class K6 (FGTKX) has a volatility of 4.56%. This indicates that RLBGX experiences smaller price fluctuations and is considered to be less risky than FGTKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RLBGX | FGTKX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.86% | 4.56% | -0.70% |
Volatility (6M)Calculated over the trailing 6-month period | 6.95% | 6.66% | +0.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.19% | 10.85% | +0.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.45% | 10.75% | -0.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.63% | 11.73% | -1.10% |