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RLBGX vs. FXAIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

RLBGX vs. FXAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds American Balanced Fund Class R-6 (RLBGX) and Fidelity 500 Index Fund (FXAIX). The values are adjusted to include any dividend payments, if applicable.

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RLBGX vs. FXAIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
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%14.97%
FXAIX
Fidelity 500 Index Fund
-4.34%17.84%25.01%26.29%-18.14%28.71%18.42%31.48%-4.43%21.82%

Returns By Period

In the year-to-date period, RLBGX achieves a -1.07% return, which is significantly higher than FXAIX's -4.34% return. Over the past 10 years, RLBGX has underperformed FXAIX with an annualized return of 9.52%, while FXAIX has yielded a comparatively higher 14.08% annualized 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%

FXAIX

1D
2.92%
1M
-5.02%
YTD
-4.34%
6M
-2.14%
1Y
17.32%
3Y*
18.30%
5Y*
11.79%
10Y*
14.08%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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RLBGX vs. FXAIX - Expense Ratio Comparison

RLBGX has a 0.25% expense ratio, which is higher than FXAIX's 0.02% 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%.


Return for Risk

RLBGX vs. FXAIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RLBGX
RLBGX Risk / Return Rank: 8686
Overall Rank
RLBGX Sharpe Ratio Rank: 8383
Sharpe Ratio Rank
RLBGX Sortino Ratio Rank: 8686
Sortino Ratio Rank
RLBGX Omega Ratio Rank: 8282
Omega Ratio Rank
RLBGX Calmar Ratio Rank: 8989
Calmar Ratio Rank
RLBGX Martin Ratio Rank: 9090
Martin Ratio Rank

FXAIX
FXAIX Risk / Return Rank: 6060
Overall Rank
FXAIX Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
FXAIX Sortino Ratio Rank: 5353
Sortino Ratio Rank
FXAIX Omega Ratio Rank: 5656
Omega Ratio Rank
FXAIX Calmar Ratio Rank: 6464
Calmar Ratio Rank
FXAIX Martin Ratio Rank: 7676
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RLBGX vs. FXAIX - 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 500 Index Fund (FXAIX). 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.


RLBGXFXAIXDifference

Sharpe ratio

Return per unit of total volatility

1.59

0.97

+0.62

Sortino ratio

Return per unit of downside risk

2.33

1.49

+0.84

Omega ratio

Gain probability vs. loss probability

1.33

1.23

+0.10

Calmar ratio

Return relative to maximum drawdown

2.48

1.52

+0.96

Martin ratio

Return relative to average drawdown

10.39

7.30

+3.10

RLBGX vs. FXAIX - Sharpe Ratio Comparison

The current RLBGX Sharpe Ratio is 1.59, which is higher than the FXAIX Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of RLBGX and FXAIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


RLBGXFXAIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.59

0.97

+0.62

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.83

0.70

+0.13

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.90

0.78

+0.12

Sharpe Ratio (All Time)

Calculated using the full available price history

0.92

0.76

+0.16

Correlation

The correlation between RLBGX and FXAIX 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

RLBGX vs. FXAIX - Dividend Comparison

RLBGX's dividend yield for the trailing twelve months is around 8.69%, more than FXAIX's 1.16% yield.


TTM20252024202320222021202020192018201720162015
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%
FXAIX
Fidelity 500 Index Fund
1.16%1.11%1.25%1.45%1.69%1.22%1.60%2.06%2.72%1.97%2.52%2.83%

Drawdowns

RLBGX vs. FXAIX - Drawdown Comparison

The maximum RLBGX drawdown since its inception was -22.33%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for RLBGX and FXAIX.


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Drawdown Indicators


RLBGXFXAIXDifference

Max Drawdown

Largest peak-to-trough decline

-22.33%

-33.79%

+11.46%

Max Drawdown (1Y)

Largest decline over 1 year

-7.33%

-12.13%

+4.80%

Max Drawdown (5Y)

Largest decline over 5 years

-18.59%

-24.50%

+5.91%

Max Drawdown (10Y)

Largest decline over 10 years

-22.33%

-33.79%

+11.46%

Current Drawdown

Current decline from peak

-5.34%

-6.23%

+0.89%

Average Drawdown

Average peak-to-trough decline

-2.48%

-3.83%

+1.35%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.75%

2.53%

-0.78%

Volatility

RLBGX vs. FXAIX - Volatility Comparison

The current volatility for American Funds American Balanced Fund Class R-6 (RLBGX) is 3.86%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 5.34%. This indicates that RLBGX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


RLBGXFXAIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.86%

5.34%

-1.48%

Volatility (6M)

Calculated over the trailing 6-month period

6.95%

9.53%

-2.58%

Volatility (1Y)

Calculated over the trailing 1-year period

11.19%

18.32%

-7.13%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.45%

16.92%

-6.47%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

10.63%

18.05%

-7.42%