RLBGX vs. VENAX
RLBGX (American Funds American Balanced Fund Class R-6) and VENAX (Vanguard Energy Index Fund Admiral Shares) are both mutual funds - RLBGX is a Diversified Portfolio fund managed by American Funds, while VENAX is a Energy Equities fund managed by Vanguard. Over the past 10 years, RLBGX returned 10.48%/yr vs 9.50%/yr for VENAX. A 0.59 correlation means they provide meaningful diversification when combined. RLBGX charges 0.25%/yr vs 0.10%/yr for VENAX.
Performance
RLBGX vs. VENAX - Performance Comparison
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Returns By Period
In the year-to-date period, RLBGX achieves a 10.11% return, which is significantly lower than VENAX's 30.74% return. Over the past 10 years, RLBGX has outperformed VENAX with an annualized return of 10.48%, while VENAX has yielded a comparatively lower 9.50% 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%
VENAX
- 1D
- 1.15%
- 1M
- -3.23%
- YTD
- 30.74%
- 6M
- 27.90%
- 1Y
- 43.96%
- 3Y*
- 17.52%
- 5Y*
- 20.23%
- 10Y*
- 9.50%
RLBGX vs. VENAX - 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% |
VENAX Vanguard Energy Index Fund Admiral Shares | 30.74% | 7.29% | 6.57% | 0.05% | 62.94% | 55.57% | -33.27% | 9.36% | -19.90% | -2.39% |
Correlation
The correlation between RLBGX and VENAX is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Jan 5, 2010 | 0.59 |
The correlation between RLBGX and VENAX shifts across timeframes, from -0.05 (1 year) to 0.59 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
RLBGX vs. VENAX — Risk / Return Rank
RLBGX
VENAX
RLBGX vs. VENAX - 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 Vanguard Energy Index Fund Admiral Shares (VENAX). 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 | VENAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.73 | ||
| Sortino ratioReturn per unit of downside risk | +1.28 | ||
| Omega ratioGain probability vs. loss probability | 1.57 | 1.36 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 3.73 | 3.91 | -0.18 |
| Martin ratioReturn relative to average drawdown | 16.84 | 11.54 | +5.30 |
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 | VENAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.99 | 2.26 | +0.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.96 | 0.77 | +0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.99 | 0.32 | +0.67 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.98 | 0.27 | +0.71 |
Drawdowns
RLBGX vs. VENAX - Drawdown Comparison
The maximum RLBGX drawdown since its inception was -22.33%, smaller than the maximum VENAX drawdown of -74.42%. Use the drawdown chart below to compare losses from any high point for RLBGX and VENAX.
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Drawdown Indicators
| RLBGX | VENAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.33% | -74.42% | +52.09% |
Max Drawdown (1Y)Largest decline over 1 year | -6.98% | -11.79% | +4.81% |
Max Drawdown (3Y)Largest decline over 3 years | -10.65% | -21.44% | +10.79% |
Max Drawdown (5Y)Largest decline over 5 years | -18.59% | -26.59% | +8.00% |
Max Drawdown (10Y)Largest decline over 10 years | -22.33% | -69.58% | +47.25% |
Current DrawdownCurrent decline from peak | 0.00% | -7.50% | +7.50% |
Average DrawdownAverage peak-to-trough decline | -2.46% | -19.98% | +17.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.54% | 3.99% | -2.45% |
Volatility
RLBGX vs. VENAX - Volatility Comparison
The current volatility for American Funds American Balanced Fund Class R-6 (RLBGX) is 2.64%, while Vanguard Energy Index Fund Admiral Shares (VENAX) has a volatility of 7.91%. This indicates that RLBGX experiences smaller price fluctuations and is considered to be less risky than VENAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RLBGX | VENAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.64% | 7.91% | -5.27% |
Volatility (6M)Calculated over the trailing 6-month period | 6.84% | 16.29% | -9.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.69% | 20.40% | -11.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.49% | 26.43% | -15.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.67% | 30.24% | -19.57% |
RLBGX vs. VENAX - Expense Ratio Comparison
RLBGX has a 0.25% expense ratio, which is higher than VENAX's 0.10% 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. VENAX - Dividend Comparison
RLBGX's dividend yield for the trailing twelve months is around 7.81%, more than VENAX's 2.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
VENAX Vanguard Energy Index Fund Admiral Shares | 2.40% | 3.10% | 3.24% | 3.34% | 3.65% | 3.80% | 4.76% | 3.41% | 3.35% | 2.90% | 2.31% | 3.17% |
Frequently Asked Questions
RLBGX and VENAX have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VENAX has higher volatility (7.91%) compared to RLBGX (2.64%). In terms of maximum drawdown, RLBGX dropped -22.33% vs VENAX's -74.42%.
RLBGX currently has the higher Sharpe Ratio (2.99 vs 2.26), 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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