RLBGX vs. LIRIX
RLBGX (American Funds American Balanced Fund Class R-6) and LIRIX (BlackRock LifePath Index Retirement Fund) are both mutual funds - RLBGX is a Diversified Portfolio fund managed by American Funds, while LIRIX is a Target Retirement Date fund managed by BlackRock. Over the past 10 years, RLBGX returned 10.48%/yr vs 5.96%/yr for LIRIX. Their correlation of 0.90 suggests significant overlap in exposure. RLBGX charges 0.25%/yr vs 0.11%/yr for LIRIX.
Performance
RLBGX vs. LIRIX - Performance Comparison
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Returns By Period
In the year-to-date period, RLBGX achieves a 10.11% return, which is significantly higher than LIRIX's 5.84% return. Over the past 10 years, RLBGX has outperformed LIRIX with an annualized return of 10.48%, while LIRIX has yielded a comparatively lower 5.96% annualized return.
RLBGX
- 1D
- 0.24%
- 1M
- 3.99%
- YTD
- 10.11%
- 6M
- 10.77%
- 1Y
- 25.37%
- 3Y*
- 17.89%
- 5Y*
- 10.05%
- 10Y*
- 10.48%
LIRIX
- 1D
- 0.19%
- 1M
- 2.20%
- YTD
- 5.84%
- 6M
- 6.03%
- 1Y
- 14.64%
- 3Y*
- 10.12%
- 5Y*
- 4.21%
- 10Y*
- 5.96%
RLBGX vs. LIRIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RLBGX American Funds American Balanced Fund Class R-6 | 10.11% | 18.83% | 15.35% | 13.92% | -11.85% | 16.10% | 11.20% | 18.95% | -3.07% | 14.97% |
LIRIX BlackRock LifePath Index Retirement Fund | 5.84% | 12.41% | 6.04% | 11.50% | -15.31% | 6.69% | 11.40% | 15.84% | -3.54% | 10.68% |
Correlation
The correlation between RLBGX and LIRIX is 0.90, 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 | 0.90 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.88 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.89 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.90 |
Correlation (All Time) Calculated using the full available price history since Jun 1, 2011 | 0.90 |
The correlation between RLBGX and LIRIX has been stable across timeframes, ranging from 0.88 to 0.90 - a consistent structural relationship.
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Return for Risk
RLBGX vs. LIRIX — Risk / Return Rank
RLBGX
LIRIX
RLBGX vs. LIRIX - 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 BlackRock LifePath Index Retirement Fund (LIRIX). 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 | LIRIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.34 | ||
| Sortino ratioReturn per unit of downside risk | +0.31 | ||
| Omega ratioGain probability vs. loss probability | 1.57 | 1.52 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.73 | 3.50 | +0.23 |
| Martin ratioReturn relative to average drawdown | 16.84 | 15.60 | +1.24 |
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 | LIRIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.99 | 2.65 | +0.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.96 | 0.54 | +0.42 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.99 | 0.80 | +0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.98 | 0.79 | +0.19 |
Drawdowns
RLBGX vs. LIRIX - Drawdown Comparison
The maximum RLBGX drawdown since its inception was -22.33%, which is greater than LIRIX's maximum drawdown of -20.49%. Use the drawdown chart below to compare losses from any high point for RLBGX and LIRIX.
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Drawdown Indicators
| RLBGX | LIRIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.33% | -20.49% | -1.84% |
Max Drawdown (1Y)Largest decline over 1 year | -6.98% | -4.23% | -2.75% |
Max Drawdown (3Y)Largest decline over 3 years | -10.65% | -7.56% | -3.09% |
Max Drawdown (5Y)Largest decline over 5 years | -18.59% | -20.49% | +1.90% |
Max Drawdown (10Y)Largest decline over 10 years | -22.33% | -20.49% | -1.84% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -2.46% | -2.86% | +0.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.54% | 0.95% | +0.59% |
Volatility
RLBGX vs. LIRIX - Volatility Comparison
American Funds American Balanced Fund Class R-6 (RLBGX) has a higher volatility of 2.64% compared to BlackRock LifePath Index Retirement Fund (LIRIX) at 2.02%. This indicates that RLBGX's price experiences larger fluctuations and is considered to be riskier than LIRIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RLBGX | LIRIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.64% | 2.02% | +0.62% |
Volatility (6M)Calculated over the trailing 6-month period | 6.84% | 4.57% | +2.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.69% | 5.57% | +3.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.49% | 7.83% | +2.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.67% | 7.50% | +3.17% |
RLBGX vs. LIRIX - Expense Ratio Comparison
RLBGX has a 0.25% expense ratio, which is higher than LIRIX's 0.11% 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%.
Dividends
RLBGX vs. LIRIX - Dividend Comparison
RLBGX's dividend yield for the trailing twelve months is around 7.81%, more than LIRIX's 3.62% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LIRIX BlackRock LifePath Index Retirement Fund | 3.62% | 3.83% | 2.02% | 2.62% | 2.69% | 2.68% | 1.93% | 2.43% | 2.44% | 2.22% | 2.47% | 2.92% |
RLBGX American Funds American Balanced Fund Class R-6 | 7.81% | 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 0.90, RLBGX and LIRIX 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.
RLBGX has higher volatility (2.64%) compared to LIRIX (2.02%). In terms of maximum drawdown, RLBGX dropped -22.33% vs LIRIX's -20.49%.
RLBGX currently has the higher Sharpe Ratio (2.99 vs 2.65), 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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