ABNDX vs. DIA
Compare and contrast key facts about American Funds The Bond Fund of America (ABNDX) and SPDR Dow Jones Industrial Average ETF (DIA).
ABNDX is managed by American Funds. It was launched on May 28, 1974. DIA is a passively managed fund by State Street that tracks the performance of the Dow Jones Industrial Average. It was launched on Jan 14, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ABNDX or DIA.
Performance
ABNDX vs. DIA - Performance Comparison
Returns By Period
In the year-to-date period, ABNDX achieves a 1.09% return, which is significantly lower than DIA's 18.12% return. Over the past 10 years, ABNDX has underperformed DIA with an annualized return of 1.06%, while DIA has yielded a comparatively higher 11.78% annualized return.
ABNDX
1.09%
-0.87%
3.19%
5.91%
-0.69%
1.06%
DIA
18.12%
2.31%
13.20%
26.55%
11.62%
11.78%
Key characteristics
| ABNDX | DIA | |
|---|---|---|
| Sharpe Ratio | 1.01 | 2.47 |
| Sortino Ratio | 1.48 | 3.50 |
| Omega Ratio | 1.18 | 1.46 |
| Calmar Ratio | 0.35 | 4.49 |
| Martin Ratio | 3.17 | 14.08 |
| Ulcer Index | 1.86% | 1.93% |
| Daily Std Dev | 5.86% | 11.02% |
| Max Drawdown | -20.29% | -51.87% |
| Current Drawdown | -11.71% | -0.85% |
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ABNDX vs. DIA - Expense Ratio Comparison
ABNDX has a 0.55% expense ratio, which is higher than DIA's 0.16% expense ratio.
Correlation
The correlation between ABNDX and DIA is -0.13. 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.
Risk-Adjusted Performance
ABNDX vs. DIA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds The Bond Fund of America (ABNDX) and SPDR Dow Jones Industrial Average ETF (DIA). 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. DIA - Dividend Comparison
ABNDX's dividend yield for the trailing twelve months is around 4.24%, more than DIA's 1.47% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABNDX American Funds The Bond Fund of America | 4.24% | 3.58% | 2.71% | 1.45% | 1.87% | 2.32% | 2.39% | 1.84% | 1.71% | 2.01% | 2.13% | 2.38% |
DIA SPDR Dow Jones Industrial Average ETF | 1.47% | 1.81% | 1.91% | 1.58% | 1.87% | 2.09% | 2.24% | 1.97% | 2.26% | 2.33% | 2.02% | 2.08% |
Drawdowns
ABNDX vs. DIA - Drawdown Comparison
The maximum ABNDX drawdown since its inception was -20.29%, smaller than the maximum DIA drawdown of -51.87%. Use the drawdown chart below to compare losses from any high point for ABNDX and DIA. For additional features, visit the drawdowns tool.
Volatility
ABNDX vs. DIA - Volatility Comparison
The current volatility for American Funds The Bond Fund of America (ABNDX) is 1.43%, while SPDR Dow Jones Industrial Average ETF (DIA) has a volatility of 4.46%. This indicates that ABNDX experiences smaller price fluctuations and is considered to be less risky than DIA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.