ABNDX vs. ABALX
Compare and contrast key facts about American Funds The Bond Fund of America (ABNDX) and American Funds American Balanced Fund Class A (ABALX).
ABNDX is managed by American Funds. It was launched on May 28, 1974. ABALX is managed by American Funds. It was launched on Jul 26, 1975.
Performance
ABNDX vs. ABALX - Performance Comparison
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ABNDX vs. ABALX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ABNDX American Funds The Bond Fund of America | -0.59% | 7.16% | 1.17% | 4.34% | -13.24% | -1.33% | 10.72% | 7.83% | -0.12% | 3.21% |
ABALX American Funds American Balanced Fund Class A | -1.12% | 18.45% | 14.63% | 13.65% | -12.13% | 15.75% | 10.85% | 18.60% | -3.35% | 14.69% |
Returns By Period
In the year-to-date period, ABNDX achieves a -0.59% return, which is significantly higher than ABALX's -1.12% return. Over the past 10 years, ABNDX has underperformed ABALX with an annualized return of 1.70%, while ABALX has yielded a comparatively higher 9.17% annualized return.
ABNDX
- 1D
- 0.27%
- 1M
- -1.74%
- YTD
- -0.59%
- 6M
- 0.17%
- 1Y
- 3.38%
- 3Y*
- 3.04%
- 5Y*
- -0.22%
- 10Y*
- 1.70%
ABALX
- 1D
- 1.79%
- 1M
- -4.88%
- YTD
- -1.12%
- 6M
- 2.08%
- 1Y
- 16.95%
- 3Y*
- 14.07%
- 5Y*
- 8.20%
- 10Y*
- 9.17%
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ABNDX vs. ABALX - Expense Ratio Comparison
ABNDX has a 0.55% expense ratio, which is lower than ABALX's 0.56% expense ratio.
Return for Risk
ABNDX vs. ABALX — Risk / Return Rank
ABNDX
ABALX
ABNDX vs. ABALX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds The Bond Fund of America (ABNDX) 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.
| ABNDX | ABALX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.85 | 1.56 | -0.71 |
Sortino ratioReturn per unit of downside risk | 1.22 | 2.28 | -1.07 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.32 | -0.17 |
Calmar ratioReturn relative to maximum drawdown | 1.43 | 2.43 | -1.00 |
Martin ratioReturn relative to average drawdown | 4.07 | 10.15 | -6.07 |
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
| ABNDX | ABALX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.85 | 1.56 | -0.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.04 | 0.79 | -0.83 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.35 | 0.87 | -0.51 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.00 | 0.79 | +0.21 |
Correlation
The correlation between ABNDX and ABALX is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
ABNDX vs. ABALX - Dividend Comparison
ABNDX's dividend yield for the trailing twelve months is around 3.79%, less than ABALX's 8.39% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABNDX American Funds The Bond Fund of America | 3.79% | 4.13% | 4.30% | 3.24% | 2.17% | 1.62% | 5.03% | 3.49% | 2.38% | 1.84% | 1.77% | 2.00% |
ABALX American Funds American Balanced Fund Class A | 8.39% | 8.27% | 6.87% | 2.05% | 2.30% | 4.30% | 4.35% | 3.49% | 5.49% | 4.72% | 4.24% | 5.60% |
Drawdowns
ABNDX vs. ABALX - Drawdown Comparison
The maximum ABNDX drawdown since its inception was -18.18%, smaller than the maximum ABALX drawdown of -40.20%. Use the drawdown chart below to compare losses from any high point for ABNDX and ABALX.
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Drawdown Indicators
| ABNDX | ABALX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.18% | -40.20% | +22.02% |
Max Drawdown (1Y)Largest decline over 1 year | -2.94% | -7.33% | +4.39% |
Max Drawdown (5Y)Largest decline over 5 years | -18.15% | -18.76% | +0.61% |
Max Drawdown (10Y)Largest decline over 10 years | -18.18% | -22.34% | +4.16% |
Current DrawdownCurrent decline from peak | -3.73% | -5.37% | +1.64% |
Average DrawdownAverage peak-to-trough decline | -3.22% | -3.86% | +0.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.03% | 1.76% | -0.73% |
Volatility
ABNDX vs. ABALX - Volatility Comparison
The current volatility for American Funds The Bond Fund of America (ABNDX) is 1.49%, while American Funds American Balanced Fund Class A (ABALX) has a volatility of 3.89%. This indicates that ABNDX experiences smaller price fluctuations and is considered to be less risky than ABALX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ABNDX | ABALX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.49% | 3.89% | -2.40% |
Volatility (6M)Calculated over the trailing 6-month period | 2.47% | 6.96% | -4.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.37% | 11.22% | -6.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.91% | 10.45% | -4.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.86% | 10.63% | -5.77% |