ABNDX vs. BND
ABNDX (American Funds The Bond Fund of America) and BND (Vanguard Total Bond Market ETF) are both funds - ABNDX is a Intermediate Core Bond fund managed by American Funds, while BND is a Total Bond Market fund tracking the Bloomberg U.S. Aggregate Float Adjusted Index. Over the past 10 years, ABNDX returned 1.41%/yr vs 1.36%/yr for BND. Their correlation of 0.87 means they have usually moved in the same direction. ABNDX charges 0.55%/yr vs 0.03%/yr for BND.
Performance
ABNDX vs. BND - Performance Comparison
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Returns By Period
In the year-to-date period, ABNDX achieves a -1.08% return, which is significantly lower than BND's -0.54% return. Both investments have delivered pretty close results over the past 10 years, with ABNDX having a 1.41% annualized return and BND not far behind at 1.36%.
ABNDX
- 1D
- 0.00%
- 1M
- -1.25%
- 6M
- -1.31%
- YTD
- -1.08%
- 1Y
- 1.34%
- 3Y*
- 3.38%
- 5Y*
- -0.81%
- 10Y*
- 1.41%
- ALL TIME*
- 4.15%
BND
- 1D
- -0.26%
- 1M
- -1.20%
- 6M
- -0.75%
- YTD
- -0.54%
- 1Y
- 1.75%
- 3Y*
- 3.92%
- 5Y*
- -0.42%
- 10Y*
- 1.36%
- ALL TIME*
- 2.99%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $451.00M | $507.49M | $592.68M |
ABNDX vs. BND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ABNDX American Funds The Bond Fund of America | -1.08% | 7.16% | 1.17% | 4.34% | -13.24% | -1.33% | 10.72% | 7.83% | -0.12% | 3.21% |
BND Vanguard Total Bond Market ETF | -0.54% | 7.08% | 1.38% | 5.65% | -13.11% | -1.86% | 7.71% | 8.84% | -0.12% | 3.57% |
Correlation
The correlation between ABNDX and BND is 0.92, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.92 |
Correlation (3Y) Balances recent behavior with more history. | 0.94 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.95 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.93 |
Correlation (All Time) Calculated using the full available price history since Apr 10, 2007 | 0.87 |
The correlation between ABNDX and BND has been stable across timeframes, ranging from 0.87 to 0.95 - a consistent structural relationship.
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Return for Risk
ABNDX vs. BND — Risk / Return Rank
ABNDX
BND
ABNDX vs. BND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds The Bond Fund of America (ABNDX) and Vanguard Total Bond Market ETF (BND). 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.
| ABNDX | BND | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.12 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 0.84 | 0.99 | -0.15 |
| Martin ratioReturn relative to average drawdown | 2.03 | 2.48 | -0.45 |
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Drawdowns
ABNDX vs. BND - Drawdown Comparison
The maximum ABNDX drawdown since its inception was -18.18%, roughly equal to the maximum BND drawdown of -18.58%. Use the drawdown chart below to compare losses from any high point for ABNDX and BND.
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Drawdown Indicators
| ABNDX | BND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.18% | -18.58% | +0.40% |
Max Drawdown (1Y)Largest decline over 1 year | -3.13% | -2.68% | -0.45% |
Max Drawdown (3Y)Largest decline over 3 years | -5.15% | -4.81% | -0.34% |
Max Drawdown (5Y)Largest decline over 5 years | -18.15% | -17.91% | -0.24% |
Max Drawdown (10Y)Largest decline over 10 years | -18.18% | -18.58% | +0.40% |
Current DrawdownCurrent decline from peak | -4.20% | -3.15% | -1.05% |
Average DrawdownAverage peak-to-trough decline | -3.22% | -3.06% | -0.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.29% | 1.07% | +0.22% |
Volatility
ABNDX vs. BND - Volatility Comparison
American Funds The Bond Fund of America (ABNDX) and Vanguard Total Bond Market ETF (BND) have volatilities of 0.95% and 0.98%, 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.
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Volatility by Period
| ABNDX | BND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.95% | 0.98% | -0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 3.01% | 2.90% | +0.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.79% | 3.70% | +0.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.96% | 6.03% | -0.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.89% | 5.53% | -0.64% |
ABNDX vs. BND - Expense Ratio Comparison
ABNDX has a 0.55% expense ratio, which is higher than BND's 0.03% expense ratio.
Dividends
ABNDX vs. BND - Dividend Comparison
ABNDX's dividend yield for the trailing twelve months is around 3.83%, less than BND's 4.03% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABNDX American Funds The Bond Fund of America | 3.83% | 4.13% | 4.30% | 3.24% | 2.17% | 1.62% | 5.03% | 3.49% | 2.38% | 1.84% | 1.77% | 2.00% |
BND Vanguard Total Bond Market ETF | 3.69% | 3.86% | 3.67% | 3.09% | 2.60% | 2.12% | 2.38% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% |
Frequently Asked Questions
With a correlation of 0.92, ABNDX and BND 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.
BND has higher volatility (0.98%) compared to ABNDX (0.95%). In terms of maximum drawdown, ABNDX dropped -18.18% vs BND's -18.58%.
BND currently has the higher Sharpe Ratio (0.72 vs 0.69), 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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