Correlation
The correlation between SEBLX and ABALX is 0.92, 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.
SEBLX vs. ABALX
Compare and contrast key facts about Touchstone Balanced Fund (SEBLX) and American Funds American Balanced Fund Class A (ABALX).
SEBLX is managed by Touchstone. It was launched on Nov 15, 1938. ABALX is managed by American Funds. It was launched on Jul 26, 1975.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SEBLX or ABALX.
Performance
SEBLX vs. ABALX - Performance Comparison
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Key characteristics
SEBLX:
0.88
ABALX:
1.09
SEBLX:
1.17
ABALX:
1.43
SEBLX:
1.17
ABALX:
1.20
SEBLX:
0.80
ABALX:
1.12
SEBLX:
3.08
ABALX:
4.49
SEBLX:
3.03%
ABALX:
2.66%
SEBLX:
11.91%
ABALX:
12.04%
SEBLX:
-33.67%
ABALX:
-40.12%
SEBLX:
-2.52%
ABALX:
-0.72%
Returns By Period
In the year-to-date period, SEBLX achieves a 1.08% return, which is significantly lower than ABALX's 3.41% return. Both investments have delivered pretty close results over the past 10 years, with SEBLX having a 8.38% annualized return and ABALX not far behind at 8.29%.
SEBLX
1.08%
3.19%
-0.80%
9.69%
8.76%
8.87%
8.38%
ABALX
3.41%
3.69%
2.00%
12.42%
8.96%
9.34%
8.29%
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SEBLX vs. ABALX - Expense Ratio Comparison
SEBLX has a 0.99% expense ratio, which is higher than ABALX's 0.56% expense ratio.
Risk-Adjusted Performance
SEBLX vs. ABALX — Risk-Adjusted Performance Rank
SEBLX
ABALX
SEBLX vs. ABALX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Touchstone Balanced Fund (SEBLX) and American Funds American Balanced Fund Class A (ABALX). 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.
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Dividends
SEBLX vs. ABALX - Dividend Comparison
SEBLX's dividend yield for the trailing twelve months is around 1.86%, less than ABALX's 6.97% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SEBLX Touchstone Balanced Fund | 1.86% | 1.83% | 1.26% | 0.99% | 2.74% | 7.71% | 12.74% | 7.05% | 6.00% | 1.98% | 5.91% | 5.93% |
ABALX American Funds American Balanced Fund Class A | 6.97% | 7.19% | 2.36% | 2.30% | 4.30% | 4.35% | 4.00% | 6.17% | 5.40% | 4.24% | 5.60% | 7.37% |
Drawdowns
SEBLX vs. ABALX - Drawdown Comparison
The maximum SEBLX drawdown since its inception was -33.67%, smaller than the maximum ABALX drawdown of -40.12%. Use the drawdown chart below to compare losses from any high point for SEBLX and ABALX.
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Volatility
SEBLX vs. ABALX - Volatility Comparison
Touchstone Balanced Fund (SEBLX) has a higher volatility of 3.19% compared to American Funds American Balanced Fund Class A (ABALX) at 2.71%. This indicates that SEBLX's price experiences larger fluctuations and is considered to be riskier than ABALX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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