TWBIX vs. AYBLX
TWBIX (American Century Balanced Fund) and AYBLX (Pioneer Balanced ESG Fund) are both Diversified Portfolio funds. Over the past 10 years, TWBIX returned 8.40%/yr vs 10.67%/yr for AYBLX. Their correlation of 0.92 suggests significant overlap in exposure. TWBIX charges 0.91%/yr vs 0.65%/yr for AYBLX.
Performance
TWBIX vs. AYBLX - Performance Comparison
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Returns By Period
In the year-to-date period, TWBIX achieves a 4.18% return, which is significantly lower than AYBLX's 13.99% return. Over the past 10 years, TWBIX has underperformed AYBLX with an annualized return of 8.40%, while AYBLX has yielded a comparatively higher 10.67% annualized return.
TWBIX
- 1D
- -0.36%
- 1M
- 0.58%
- YTD
- 4.18%
- 6M
- 3.64%
- 1Y
- 13.12%
- 3Y*
- 11.16%
- 5Y*
- 5.84%
- 10Y*
- 8.40%
AYBLX
- 1D
- -0.21%
- 1M
- 1.64%
- YTD
- 13.99%
- 6M
- 13.54%
- 1Y
- 32.24%
- 3Y*
- 17.53%
- 5Y*
- 9.58%
- 10Y*
- 10.67%
TWBIX vs. AYBLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TWBIX American Century Balanced Fund | 4.18% | 9.60% | 11.93% | 16.18% | -17.34% | 16.32% | 12.62% | 19.65% | -3.46% | 14.04% |
AYBLX Pioneer Balanced ESG Fund | 13.99% | 19.80% | 9.64% | 15.41% | -14.39% | 15.48% | 12.92% | 22.22% | -4.43% | 15.19% |
Correlation
The correlation between TWBIX and AYBLX 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 | 0.92 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.94 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Aug 29, 1997 | 0.92 |
The correlation between TWBIX and AYBLX has been stable across timeframes, ranging from 0.90 to 0.94 - a consistent structural relationship.
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Return for Risk
TWBIX vs. AYBLX — Risk / Return Rank
TWBIX
AYBLX
TWBIX vs. AYBLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century Balanced Fund (TWBIX) and Pioneer Balanced ESG Fund (AYBLX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TWBIX | AYBLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.65 | ||
| Sortino ratioReturn per unit of downside risk | -2.28 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.62 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | 2.17 | 5.16 | -3.00 |
| Martin ratioReturn relative to average drawdown | 9.63 | 24.00 | -14.37 |
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Drawdowns
TWBIX vs. AYBLX - Drawdown Comparison
The maximum TWBIX drawdown since its inception was -33.88%, smaller than the maximum AYBLX drawdown of -36.28%. Use the drawdown chart below to compare losses from any high point for TWBIX and AYBLX.
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Drawdown Indicators
| TWBIX | AYBLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.88% | -36.28% | +2.40% |
Max Drawdown (1Y)Largest decline over 1 year | -6.46% | -6.41% | -0.05% |
Max Drawdown (3Y)Largest decline over 3 years | -12.70% | -13.39% | +0.69% |
Max Drawdown (5Y)Largest decline over 5 years | -22.48% | -20.26% | -2.22% |
Max Drawdown (10Y)Largest decline over 10 years | -22.48% | -24.24% | +1.76% |
Current DrawdownCurrent decline from peak | -1.09% | -0.52% | -0.57% |
Average DrawdownAverage peak-to-trough decline | -4.70% | -3.78% | -0.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.45% | 1.38% | +0.07% |
Volatility
TWBIX vs. AYBLX - Volatility Comparison
The current volatility for American Century Balanced Fund (TWBIX) is 3.25%, while Pioneer Balanced ESG Fund (AYBLX) has a volatility of 3.63%. This indicates that TWBIX experiences smaller price fluctuations and is considered to be less risky than AYBLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TWBIX | AYBLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.25% | 3.63% | -0.38% |
Volatility (6M)Calculated over the trailing 6-month period | 6.76% | 7.83% | -1.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.33% | 9.95% | -1.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.07% | 11.13% | -0.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.96% | 11.33% | -0.37% |
TWBIX vs. AYBLX - Expense Ratio Comparison
TWBIX has a 0.91% expense ratio, which is higher than AYBLX's 0.65% expense ratio.
Dividends
TWBIX vs. AYBLX - Dividend Comparison
TWBIX's dividend yield for the trailing twelve months is around 1.98%, less than AYBLX's 3.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AYBLX Pioneer Balanced ESG Fund | 3.24% | 3.58% | 2.59% | 1.76% | 3.23% | 8.61% | 4.12% | 6.03% | 9.97% | 9.42% | 2.63% | 4.14% |
TWBIX American Century Balanced Fund | 1.98% | 1.71% | 1.85% | 1.70% | 1.34% | 21.54% | 6.22% | 5.04% | 8.12% | 5.99% | 2.41% | 6.24% |
Frequently Asked Questions
With a correlation of 0.90, TWBIX and AYBLX 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.
AYBLX has higher volatility (3.63%) compared to TWBIX (3.25%). In terms of maximum drawdown, TWBIX dropped -33.88% vs AYBLX's -36.28%.
AYBLX currently has the higher Sharpe Ratio (3.33 vs 1.68), 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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