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RLBGX vs. SCHG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between RLBGX and SCHG is 0.89, 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.


-0.50.00.51.00.9

Performance

RLBGX vs. SCHG - 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 Schwab U.S. Large-Cap Growth ETF (SCHG). The values are adjusted to include any dividend payments, if applicable.

200.00%400.00%600.00%800.00%1,000.00%JulyAugustSeptemberOctoberNovemberDecember
288.86%
923.84%
RLBGX
SCHG

Key characteristics

Sharpe Ratio

RLBGX:

0.99

SCHG:

2.22

Sortino Ratio

RLBGX:

1.27

SCHG:

2.86

Omega Ratio

RLBGX:

1.20

SCHG:

1.40

Calmar Ratio

RLBGX:

1.20

SCHG:

3.13

Martin Ratio

RLBGX:

6.29

SCHG:

12.34

Ulcer Index

RLBGX:

1.60%

SCHG:

3.14%

Daily Std Dev

RLBGX:

10.13%

SCHG:

17.45%

Max Drawdown

RLBGX:

-22.33%

SCHG:

-34.59%

Current Drawdown

RLBGX:

-7.66%

SCHG:

-2.75%

Returns By Period

In the year-to-date period, RLBGX achieves a 8.69% return, which is significantly lower than SCHG's 37.04% return. Over the past 10 years, RLBGX has underperformed SCHG with an annualized return of 8.48%, while SCHG has yielded a comparatively higher 16.77% annualized return.


RLBGX

YTD

8.69%

1M

-5.39%

6M

-0.46%

1Y

9.34%

5Y*

7.25%

10Y*

8.48%

SCHG

YTD

37.04%

1M

3.40%

6M

12.88%

1Y

37.14%

5Y*

20.24%

10Y*

16.77%

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. SCHG - Expense Ratio Comparison

RLBGX has a 0.25% expense ratio, which is higher than SCHG's 0.04% 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%.


RLBGX
American Funds American Balanced Fund Class R-6
Expense ratio chart for RLBGX: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%
Expense ratio chart for SCHG: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

RLBGX vs. SCHG - 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 Schwab U.S. Large-Cap Growth ETF (SCHG). 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.


Sharpe ratio
The chart of Sharpe ratio for RLBGX, currently valued at 0.99, compared to the broader market-1.000.001.002.003.004.000.992.22
The chart of Sortino ratio for RLBGX, currently valued at 1.27, compared to the broader market-2.000.002.004.006.008.0010.001.272.86
The chart of Omega ratio for RLBGX, currently valued at 1.20, compared to the broader market0.501.001.502.002.503.003.501.201.40
The chart of Calmar ratio for RLBGX, currently valued at 1.20, compared to the broader market0.002.004.006.008.0010.0012.0014.001.203.13
The chart of Martin ratio for RLBGX, currently valued at 6.29, compared to the broader market0.0020.0040.0060.006.2912.34
RLBGX
SCHG

The current RLBGX Sharpe Ratio is 0.99, which is lower than the SCHG Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of RLBGX and SCHG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
0.99
2.22
RLBGX
SCHG

Dividends

RLBGX vs. SCHG - Dividend Comparison

RLBGX's dividend yield for the trailing twelve months is around 1.19%, more than SCHG's 0.41% yield.


TTM20232022202120202019201820172016201520142013
RLBGX
American Funds American Balanced Fund Class R-6
1.19%2.66%2.02%1.50%1.63%2.20%2.41%2.07%2.07%2.84%8.51%1.83%
SCHG
Schwab U.S. Large-Cap Growth ETF
0.41%0.46%0.55%0.42%0.52%0.82%1.27%1.01%1.04%1.22%1.09%1.07%

Drawdowns

RLBGX vs. SCHG - Drawdown Comparison

The maximum RLBGX drawdown since its inception was -22.33%, smaller than the maximum SCHG drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for RLBGX and SCHG. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.66%
-2.75%
RLBGX
SCHG

Volatility

RLBGX vs. SCHG - Volatility Comparison

American Funds American Balanced Fund Class R-6 (RLBGX) has a higher volatility of 6.21% compared to Schwab U.S. Large-Cap Growth ETF (SCHG) at 5.07%. This indicates that RLBGX's price experiences larger fluctuations and is considered to be riskier than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
6.21%
5.07%
RLBGX
SCHG
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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