ABNDX vs. ANBAX
Compare and contrast key facts about American Funds The Bond Fund of America (ABNDX) and American Funds Strategic Bond Fund (ANBAX).
ABNDX is managed by American Funds. It was launched on May 28, 1974. ANBAX is managed by American Funds. It was launched on Mar 18, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ABNDX or ANBAX.
Correlation
The correlation between ABNDX and ANBAX is -0.04. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
ABNDX vs. ANBAX - Performance Comparison
Key characteristics
ABNDX:
1.40
ANBAX:
1.56
ABNDX:
2.08
ANBAX:
2.38
ABNDX:
1.25
ANBAX:
1.29
ABNDX:
0.47
ANBAX:
0.49
ABNDX:
3.45
ANBAX:
3.44
ABNDX:
2.17%
ANBAX:
2.50%
ABNDX:
5.33%
ANBAX:
5.54%
ABNDX:
-20.29%
ANBAX:
-20.46%
ABNDX:
-9.29%
ANBAX:
-10.19%
Returns By Period
In the year-to-date period, ABNDX achieves a 2.67% return, which is significantly lower than ANBAX's 4.92% return.
ABNDX
2.67%
0.44%
2.38%
7.58%
-1.08%
1.17%
ANBAX
4.92%
1.30%
3.20%
8.87%
-1.00%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ABNDX vs. ANBAX - Expense Ratio Comparison
ABNDX has a 0.55% expense ratio, which is lower than ANBAX's 0.71% expense ratio.
Risk-Adjusted Performance
ABNDX vs. ANBAX — Risk-Adjusted Performance Rank
ABNDX
ANBAX
ABNDX vs. ANBAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds The Bond Fund of America (ABNDX) and American Funds Strategic Bond Fund (ANBAX). 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.
Dividends
ABNDX vs. ANBAX - Dividend Comparison
ABNDX's dividend yield for the trailing twelve months is around 4.23%, more than ANBAX's 3.06% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABNDX American Funds The Bond Fund of America | 4.23% | 4.29% | 3.58% | 2.71% | 1.45% | 1.87% | 2.32% | 2.39% | 1.84% | 1.71% | 2.01% | 2.13% |
ANBAX American Funds Strategic Bond Fund | 3.06% | 3.07% | 2.91% | 5.31% | 1.74% | 1.88% | 0.97% | 3.51% | 1.13% | 0.50% | 0.00% | 0.00% |
Drawdowns
ABNDX vs. ANBAX - Drawdown Comparison
The maximum ABNDX drawdown since its inception was -20.29%, roughly equal to the maximum ANBAX drawdown of -20.46%. Use the drawdown chart below to compare losses from any high point for ABNDX and ANBAX. For additional features, visit the drawdowns tool.
Volatility
ABNDX vs. ANBAX - Volatility Comparison
American Funds The Bond Fund of America (ABNDX) and American Funds Strategic Bond Fund (ANBAX) have volatilities of 2.23% and 2.25%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.