RLBGX vs. IVV
Compare and contrast key facts about American Funds American Balanced Fund Class R-6 (RLBGX) and iShares Core S&P 500 ETF (IVV).
RLBGX is managed by American Funds. It was launched on Jul 26, 1975. IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RLBGX or IVV.
Key characteristics
RLBGX | IVV | |
---|---|---|
YTD Return | 3.98% | 7.92% |
1Y Return | 15.73% | 28.19% |
3Y Return (Ann) | 4.33% | 8.81% |
5Y Return (Ann) | 8.06% | 13.59% |
10Y Return (Ann) | 8.26% | 12.68% |
Sharpe Ratio | 1.88 | 2.34 |
Daily Std Dev | 8.13% | 11.67% |
Max Drawdown | -22.33% | -55.25% |
Current Drawdown | -2.13% | -2.26% |
Correlation
The correlation between RLBGX and IVV 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.
Performance
RLBGX vs. IVV - Performance Comparison
In the year-to-date period, RLBGX achieves a 3.98% return, which is significantly lower than IVV's 7.92% return. Over the past 10 years, RLBGX has underperformed IVV with an annualized return of 8.26%, while IVV has yielded a comparatively higher 12.68% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RLBGX vs. IVV - Expense Ratio Comparison
RLBGX has a 0.25% expense ratio, which is higher than IVV's 0.03% 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%.
Risk-Adjusted Performance
RLBGX vs. IVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds American Balanced Fund Class R-6 (RLBGX) and iShares Core S&P 500 ETF (IVV). 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.
Dividends
RLBGX vs. IVV - Dividend Comparison
RLBGX's dividend yield for the trailing twelve months is around 2.61%, more than IVV's 1.35% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
American Funds American Balanced Fund Class R-6 | 2.61% | 2.66% | 2.63% | 4.59% | 4.65% | 4.28% | 6.45% | 5.62% | 4.48% | 6.32% | 8.51% | 1.83% |
iShares Core S&P 500 ETF | 1.35% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.20% | 1.75% | 2.01% | 2.26% | 1.82% | 1.80% |
Drawdowns
RLBGX vs. IVV - Drawdown Comparison
The maximum RLBGX drawdown since its inception was -22.33%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for RLBGX and IVV. For additional features, visit the drawdowns tool.
Volatility
RLBGX vs. IVV - Volatility Comparison
The current volatility for American Funds American Balanced Fund Class R-6 (RLBGX) is 2.82%, while iShares Core S&P 500 ETF (IVV) has a volatility of 4.09%. This indicates that RLBGX experiences smaller price fluctuations and is considered to be less risky than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.