RLBGX vs. SPSM
Compare and contrast key facts about American Funds American Balanced Fund Class R-6 (RLBGX) and SPDR Portfolio S&P 600 Small Cap ETF (SPSM).
RLBGX is managed by American Funds. It was launched on Jul 26, 1975. SPSM is a passively managed fund by State Street that tracks the performance of the S&P SmallCap 600 Index. It was launched on Jul 8, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RLBGX or SPSM.
Correlation
The correlation between RLBGX and SPSM is 0.77, 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. SPSM - Performance Comparison
Key characteristics
RLBGX:
0.99
SPSM:
0.59
RLBGX:
1.27
SPSM:
0.97
RLBGX:
1.20
SPSM:
1.12
RLBGX:
1.20
SPSM:
0.97
RLBGX:
6.29
SPSM:
3.12
RLBGX:
1.60%
SPSM:
3.70%
RLBGX:
10.13%
SPSM:
19.71%
RLBGX:
-22.33%
SPSM:
-42.89%
RLBGX:
-7.66%
SPSM:
-8.29%
Returns By Period
The year-to-date returns for both investments are quite close, with RLBGX having a 8.69% return and SPSM slightly higher at 9.12%. Both investments have delivered pretty close results over the past 10 years, with RLBGX having a 8.48% annualized return and SPSM not far behind at 8.43%.
RLBGX
8.69%
-5.39%
-0.46%
9.34%
7.25%
8.48%
SPSM
9.12%
-5.02%
11.44%
9.07%
8.39%
8.43%
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RLBGX vs. SPSM - Expense Ratio Comparison
RLBGX has a 0.25% expense ratio, which is higher than SPSM's 0.05% 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. SPSM - 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 SPDR Portfolio S&P 600 Small Cap ETF (SPSM). 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. SPSM - Dividend Comparison
RLBGX's dividend yield for the trailing twelve months is around 1.19%, less than SPSM's 1.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SPSM SPDR Portfolio S&P 600 Small Cap ETF | 1.21% | 1.61% | 1.38% | 1.41% | 1.17% | 1.58% | 1.82% | 1.51% | 1.49% | 2.37% | 1.70% | 0.68% |
Drawdowns
RLBGX vs. SPSM - Drawdown Comparison
The maximum RLBGX drawdown since its inception was -22.33%, smaller than the maximum SPSM drawdown of -42.89%. Use the drawdown chart below to compare losses from any high point for RLBGX and SPSM. For additional features, visit the drawdowns tool.
Volatility
RLBGX vs. SPSM - Volatility Comparison
American Funds American Balanced Fund Class R-6 (RLBGX) has a higher volatility of 6.21% compared to SPDR Portfolio S&P 600 Small Cap ETF (SPSM) at 5.91%. This indicates that RLBGX's price experiences larger fluctuations and is considered to be riskier than SPSM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.