ABNDX vs. ANWPX
Compare and contrast key facts about American Funds The Bond Fund of America (ABNDX) and American Funds New Perspective Fund Class A (ANWPX).
ABNDX is managed by American Funds. It was launched on May 28, 1974. ANWPX is managed by American Funds. It was launched on Mar 13, 1973.
Performance
ABNDX vs. ANWPX - Performance Comparison
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ABNDX vs. ANWPX - 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% |
ANWPX American Funds New Perspective Fund Class A | -5.30% | 21.33% | 16.76% | 24.63% | -25.92% | 17.64% | 33.42% | 30.10% | -5.99% | 28.91% |
Returns By Period
In the year-to-date period, ABNDX achieves a -0.59% return, which is significantly higher than ANWPX's -5.30% return. Over the past 10 years, ABNDX has underperformed ANWPX with an annualized return of 1.70%, while ANWPX has yielded a comparatively higher 12.32% 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%
ANWPX
- 1D
- 3.10%
- 1M
- -6.93%
- YTD
- -5.30%
- 6M
- -3.65%
- 1Y
- 16.52%
- 3Y*
- 14.90%
- 5Y*
- 7.06%
- 10Y*
- 12.32%
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ABNDX vs. ANWPX - Expense Ratio Comparison
ABNDX has a 0.55% expense ratio, which is lower than ANWPX's 0.72% expense ratio.
Return for Risk
ABNDX vs. ANWPX — Risk / Return Rank
ABNDX
ANWPX
ABNDX vs. ANWPX - 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 New Perspective Fund Class A (ANWPX). 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 | ANWPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.85 | 1.01 | -0.17 |
Sortino ratioReturn per unit of downside risk | 1.22 | 1.55 | -0.33 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.21 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 1.43 | 1.42 | +0.01 |
Martin ratioReturn relative to average drawdown | 4.07 | 5.78 | -1.71 |
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 | ANWPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.85 | 1.01 | -0.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.04 | 0.41 | -0.45 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.35 | 0.70 | -0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.00 | 0.65 | +0.35 |
Correlation
The correlation between ABNDX and ANWPX is 0.03, 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. ANWPX - Dividend Comparison
ABNDX's dividend yield for the trailing twelve months is around 3.79%, less than ANWPX's 6.94% 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% |
ANWPX American Funds New Perspective Fund Class A | 6.94% | 6.57% | 5.13% | 5.36% | 4.16% | 7.01% | 4.13% | 3.67% | 7.59% | 5.50% | 3.86% | 6.14% |
Drawdowns
ABNDX vs. ANWPX - Drawdown Comparison
The maximum ABNDX drawdown since its inception was -18.18%, smaller than the maximum ANWPX drawdown of -52.34%. Use the drawdown chart below to compare losses from any high point for ABNDX and ANWPX.
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Drawdown Indicators
| ABNDX | ANWPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.18% | -52.34% | +34.16% |
Max Drawdown (1Y)Largest decline over 1 year | -2.94% | -11.75% | +8.81% |
Max Drawdown (5Y)Largest decline over 5 years | -18.15% | -34.45% | +16.30% |
Max Drawdown (10Y)Largest decline over 10 years | -18.18% | -34.45% | +16.27% |
Current DrawdownCurrent decline from peak | -3.73% | -8.73% | +5.00% |
Average DrawdownAverage peak-to-trough decline | -3.22% | -8.13% | +4.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.03% | 2.89% | -1.86% |
Volatility
ABNDX vs. ANWPX - Volatility Comparison
The current volatility for American Funds The Bond Fund of America (ABNDX) is 1.49%, while American Funds New Perspective Fund Class A (ANWPX) has a volatility of 6.24%. This indicates that ABNDX experiences smaller price fluctuations and is considered to be less risky than ANWPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ABNDX | ANWPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.49% | 6.24% | -4.75% |
Volatility (6M)Calculated over the trailing 6-month period | 2.47% | 10.32% | -7.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.37% | 17.02% | -12.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.91% | 17.15% | -11.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.86% | 17.77% | -12.91% |