PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
ABNDX vs. BND
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ABNDX and BND is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.9

Performance

ABNDX vs. BND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds The Bond Fund of America (ABNDX) and Vanguard Total Bond Market ETF (BND). The values are adjusted to include any dividend payments, if applicable.

-1.00%0.00%1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
0.99%
1.41%
ABNDX
BND

Key characteristics

Sharpe Ratio

ABNDX:

0.16

BND:

0.29

Sortino Ratio

ABNDX:

0.25

BND:

0.43

Omega Ratio

ABNDX:

1.03

BND:

1.05

Calmar Ratio

ABNDX:

0.05

BND:

0.12

Martin Ratio

ABNDX:

0.42

BND:

0.81

Ulcer Index

ABNDX:

2.10%

BND:

1.94%

Daily Std Dev

ABNDX:

5.61%

BND:

5.44%

Max Drawdown

ABNDX:

-20.29%

BND:

-18.84%

Current Drawdown

ABNDX:

-12.42%

BND:

-9.43%

Returns By Period

In the year-to-date period, ABNDX achieves a 0.28% return, which is significantly lower than BND's 1.30% return. Over the past 10 years, ABNDX has underperformed BND with an annualized return of 0.98%, while BND has yielded a comparatively higher 1.33% annualized return.


ABNDX

YTD

0.28%

1M

-0.80%

6M

0.72%

1Y

0.87%

5Y*

-0.86%

10Y*

0.98%

BND

YTD

1.30%

1M

-0.40%

6M

1.12%

1Y

1.56%

5Y*

-0.41%

10Y*

1.33%

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. BND - Expense Ratio Comparison

ABNDX has a 0.55% expense ratio, which is higher than BND's 0.03% expense ratio.


ABNDX
American Funds The Bond Fund of America
Expense ratio chart for ABNDX: current value at 0.55% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.55%
Expense ratio chart for BND: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Risk-Adjusted Performance

ABNDX vs. BND - Risk-Adjusted Performance 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.


Sharpe ratio
The chart of Sharpe ratio for ABNDX, currently valued at 0.16, compared to the broader market-1.000.001.002.003.004.000.160.29
The chart of Sortino ratio for ABNDX, currently valued at 0.25, compared to the broader market-2.000.002.004.006.008.0010.000.250.43
The chart of Omega ratio for ABNDX, currently valued at 1.03, compared to the broader market0.501.001.502.002.503.003.501.031.05
The chart of Calmar ratio for ABNDX, currently valued at 0.05, compared to the broader market0.002.004.006.008.0010.0012.0014.000.050.12
The chart of Martin ratio for ABNDX, currently valued at 0.42, compared to the broader market0.0020.0040.0060.000.420.81
ABNDX
BND

The current ABNDX Sharpe Ratio is 0.16, which is lower than the BND Sharpe Ratio of 0.29. The chart below compares the historical Sharpe Ratios of ABNDX and BND, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.16
0.29
ABNDX
BND

Dividends

ABNDX vs. BND - Dividend Comparison

ABNDX's dividend yield for the trailing twelve months is around 3.94%, more than BND's 3.67% yield.


TTM20232022202120202019201820172016201520142013
ABNDX
American Funds The Bond Fund of America
3.94%3.58%2.71%1.45%1.87%2.32%2.39%1.84%1.71%2.01%2.13%2.38%
BND
Vanguard Total Bond Market ETF
3.67%3.09%2.60%1.97%2.22%2.72%2.81%2.54%2.51%2.57%2.79%2.78%

Drawdowns

ABNDX vs. BND - Drawdown Comparison

The maximum ABNDX drawdown since its inception was -20.29%, which is greater than BND's maximum drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for ABNDX and BND. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%JulyAugustSeptemberOctoberNovemberDecember
-12.42%
-9.43%
ABNDX
BND

Volatility

ABNDX vs. BND - Volatility Comparison

The current volatility for American Funds The Bond Fund of America (ABNDX) is 1.51%, while Vanguard Total Bond Market ETF (BND) has a volatility of 1.69%. This indicates that ABNDX experiences smaller price fluctuations and is considered to be less risky than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.80%1.00%1.20%1.40%1.60%1.80%JulyAugustSeptemberOctoberNovemberDecember
1.51%
1.69%
ABNDX
BND
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab