ABNDX vs. CGMS
Compare and contrast key facts about American Funds The Bond Fund of America (ABNDX) and Capital Group U.S. Multi-Sector Income ETF (CGMS).
ABNDX is managed by American Funds. It was launched on May 28, 1974. CGMS is an actively managed fund by Capital Group. It was launched on Oct 25, 2022.
Performance
ABNDX vs. CGMS - Performance Comparison
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ABNDX vs. CGMS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ABNDX American Funds The Bond Fund of America | -0.85% | 7.16% | 1.17% | 4.34% | 2.66% |
CGMS Capital Group U.S. Multi-Sector Income ETF | -0.24% | 7.52% | 7.24% | 11.51% | 2.61% |
Returns By Period
In the year-to-date period, ABNDX achieves a -0.85% return, which is significantly lower than CGMS's -0.24% return.
ABNDX
- 1D
- 0.45%
- 1M
- -2.51%
- YTD
- -0.85%
- 6M
- 0.16%
- 1Y
- 3.38%
- 3Y*
- 2.95%
- 5Y*
- -0.21%
- 10Y*
- 1.67%
CGMS
- 1D
- 0.78%
- 1M
- -1.23%
- YTD
- -0.24%
- 6M
- 0.95%
- 1Y
- 5.78%
- 3Y*
- 7.33%
- 5Y*
- —
- 10Y*
- —
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ABNDX vs. CGMS - Expense Ratio Comparison
ABNDX has a 0.55% expense ratio, which is higher than CGMS's 0.39% expense ratio.
Return for Risk
ABNDX vs. CGMS — Risk / Return Rank
ABNDX
CGMS
ABNDX vs. CGMS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds The Bond Fund of America (ABNDX) and Capital Group U.S. Multi-Sector Income ETF (CGMS). 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 | CGMS | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.90 | 1.31 | -0.40 |
Sortino ratioReturn per unit of downside risk | 1.30 | 1.82 | -0.51 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.27 | -0.11 |
Calmar ratioReturn relative to maximum drawdown | 1.53 | 1.58 | -0.05 |
Martin ratioReturn relative to average drawdown | 4.38 | 6.94 | -2.56 |
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 | CGMS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.90 | 1.31 | -0.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.04 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.35 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.00 | 1.62 | -0.62 |
Correlation
The correlation between ABNDX and CGMS is 0.73, 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.
Dividends
ABNDX vs. CGMS - Dividend Comparison
ABNDX's dividend yield for the trailing twelve months is around 3.80%, less than CGMS's 5.95% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABNDX American Funds The Bond Fund of America | 3.80% | 4.13% | 4.30% | 3.24% | 2.17% | 1.62% | 5.03% | 3.49% | 2.38% | 1.84% | 1.77% | 2.00% |
CGMS Capital Group U.S. Multi-Sector Income ETF | 5.95% | 6.00% | 5.91% | 5.84% | 0.97% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ABNDX vs. CGMS - Drawdown Comparison
The maximum ABNDX drawdown since its inception was -18.18%, which is greater than CGMS's maximum drawdown of -4.08%. Use the drawdown chart below to compare losses from any high point for ABNDX and CGMS.
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Drawdown Indicators
| ABNDX | CGMS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.18% | -4.08% | -14.10% |
Max Drawdown (1Y)Largest decline over 1 year | -2.94% | -3.65% | +0.71% |
Max Drawdown (5Y)Largest decline over 5 years | -18.15% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -18.18% | — | — |
Current DrawdownCurrent decline from peak | -3.99% | -1.42% | -2.57% |
Average DrawdownAverage peak-to-trough decline | -3.22% | -0.69% | -2.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.02% | 0.83% | +0.19% |
Volatility
ABNDX vs. CGMS - Volatility Comparison
The current volatility for American Funds The Bond Fund of America (ABNDX) is 1.51%, while Capital Group U.S. Multi-Sector Income ETF (CGMS) has a volatility of 1.93%. This indicates that ABNDX experiences smaller price fluctuations and is considered to be less risky than CGMS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ABNDX | CGMS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.51% | 1.93% | -0.42% |
Volatility (6M)Calculated over the trailing 6-month period | 2.47% | 2.47% | 0.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.37% | 4.44% | -0.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.91% | 5.19% | +0.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.86% | 5.19% | -0.33% |