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ABNDX vs. DIA

Last updated Feb 24, 2024

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.

Key characteristics


ABNDXDIA
YTD Return-1.93%4.05%
1Y Return2.28%20.29%
3Y Return (Ann)-3.44%9.48%
5Y Return (Ann)0.90%10.67%
10Y Return (Ann)1.53%11.60%
Sharpe Ratio0.351.94
Daily Std Dev7.58%10.70%
Max Drawdown-17.75%-51.87%
Current Drawdown-11.62%0.00%

Correlation

-0.14
-1.001.00

The correlation between ABNDX and DIA is -0.14. 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.

ABNDX vs. DIA - Performance Comparison

In the year-to-date period, ABNDX achieves a -1.93% return, which is significantly lower than DIA's 4.05% return. Over the past 10 years, ABNDX has underperformed DIA with an annualized return of 1.53%, while DIA has yielded a comparatively higher 11.60% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%SeptemberOctoberNovemberDecember2024February
3.42%
15.01%
ABNDX
DIA

Compare stocks, funds, or ETFs


American Funds The Bond Fund of America

SPDR Dow Jones Industrial Average ETF

ABNDX vs. DIA - Dividend Comparison

ABNDX's dividend yield for the trailing twelve months is around 3.76%, more than DIA's 1.74% yield.


TTM20232022202120202019201820172016201520142013
ABNDX
American Funds The Bond Fund of America
3.76%3.57%2.71%1.62%5.03%3.66%2.38%1.84%1.55%2.01%2.13%2.38%
DIA
SPDR Dow Jones Industrial Average ETF
1.74%1.81%1.91%1.58%1.87%2.09%2.24%1.97%2.26%2.33%2.02%2.08%

ABNDX vs. DIA - Expense Ratio Comparison

ABNDX has a 0.55% expense ratio, which is higher than DIA's 0.16% expense ratio.

0.55%
0.00%2.15%
0.16%
0.00%2.15%

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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
ABNDX
American Funds The Bond Fund of America
0.35
DIA
SPDR Dow Jones Industrial Average ETF
1.94

ABNDX vs. DIA - Sharpe Ratio Comparison

The current ABNDX Sharpe Ratio is 0.35, which is lower than the DIA Sharpe Ratio of 1.94. The chart below compares the 12-month rolling Sharpe Ratio of ABNDX and DIA.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00SeptemberOctoberNovemberDecember2024February
0.35
1.94
ABNDX
DIA

ABNDX vs. DIA - Drawdown Comparison

The maximum ABNDX drawdown since its inception was -17.75%, smaller than the maximum DIA drawdown of -51.87%. The drawdown chart below compares losses from any high point along the way for ABNDX and DIA


-15.00%-10.00%-5.00%0.00%SeptemberOctoberNovemberDecember2024February
-11.62%
0
ABNDX
DIA

ABNDX vs. DIA - Volatility Comparison

The current volatility for American Funds The Bond Fund of America (ABNDX) is 2.32%, while SPDR Dow Jones Industrial Average ETF (DIA) has a volatility of 2.83%. 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.


1.50%2.00%2.50%3.00%3.50%4.00%SeptemberOctoberNovemberDecember2024February
2.32%
2.83%
ABNDX
DIA