BACKGROUND: Fludarabine plus busulfan (FB) and fludarabine plus melphalan (FM) are 2 widely used reduced-intensity conditioning (RIC) regimens for allogeneic hematopoietic stem cell transplantation (allo-SCT). METHODS: The current survey compared transplantation outcomes for a cohort of 394 acute myeloid leukemia (AML) patients given bone marrow or peripheral blood stem cells from human leukocyte antigen-identical siblings after FB (n 5 218) or FM (n 5 176). Patients given manipulated grafts and those given Tcell-depleting agents (anti-thymocyte globulins or alemtuzumab) were not included. RESULTS: At the time of transplantation, 266 patients (68%) were experiencing their first complete remission (CR), 69 (18%) were experiencing a later CR, and 59 (15%) had advanced disease. The incidences of acute and chronic graft-versus-host disease were similar in the 2 groups of patients. The 2-year relapse incidence (RI), nonrelapse mortality (NRM) rate, leukemia-free survival (LFS) rate, and overall survival (OS) rate were 31% 6 3%, 18% 6 3%, 51% 6 4%, and 54% 6 4%, respectively, for FB patients and 20% 6 3% (P 5.007), 20% 6 3% (P 5.4), 60% 6 4% (P 5.08), and 62% 6 4% (P 5.2), respectively, for FM patients. Among FB patients given intravenous busulfan (n 5 81), the 2-year RI, NRM, LFS, and OS rates were 26% 6 5% (P 5.43 vs FM patients), 25% 6 6% (P 5.18), 49% 6 7% (P 5.07), and 54% 6 7% (P 5.13), respectively. In multivariate analyses, FM was associated with a lower RI (hazard ratio [HR], 0.5; P 5.01) and a trend toward higher NRM (HR, 1.6; P 5.1) with similar LFS (HR, 0.8; P 5.2) and OS (HR, 0.9; P 5.6). CONCLUSIONS: These results suggest that although FM provides better AML control than FB as an RIC regimen for allo-SCT, the 2 regimens provide similar survival. Multicenter randomized studies are needed to confirm these findings. Cancer 2015;121:1048-55.