ABNDX vs. FTHRX
ABNDX (American Funds The Bond Fund of America) and FTHRX (Fidelity Intermediate Bond Fund) are both Intermediate Core Bond funds. Over the past 10 years, ABNDX returned 1.64%/yr vs 1.99%/yr for FTHRX. A 0.79 correlation means they provide meaningful diversification when combined. ABNDX charges 0.55%/yr vs 0.45%/yr for FTHRX.
Performance
ABNDX vs. FTHRX - Performance Comparison
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Returns By Period
In the year-to-date period, ABNDX achieves a 0.27% return, which is significantly higher than FTHRX's 0.15% return. Over the past 10 years, ABNDX has underperformed FTHRX with an annualized return of 1.64%, while FTHRX has yielded a comparatively higher 1.99% annualized return.
ABNDX
- 1D
- 0.44%
- 1M
- 0.80%
- YTD
- 0.27%
- 6M
- 0.53%
- 1Y
- 4.00%
- 3Y*
- 3.79%
- 5Y*
- -0.23%
- 10Y*
- 1.64%
FTHRX
- 1D
- 0.29%
- 1M
- 0.41%
- YTD
- 0.15%
- 6M
- 0.46%
- 1Y
- 3.33%
- 3Y*
- 4.64%
- 5Y*
- 1.12%
- 10Y*
- 1.99%
ABNDX vs. FTHRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ABNDX American Funds The Bond Fund of America | 0.27% | 7.16% | 1.17% | 4.34% | -13.24% | -1.33% | 10.72% | 7.83% | -0.12% | 3.21% |
FTHRX Fidelity Intermediate Bond Fund | 0.15% | 6.89% | 3.25% | 5.55% | -9.17% | -1.60% | 7.06% | 7.20% | 0.52% | 2.31% |
Correlation
The correlation between ABNDX and FTHRX is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.93 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.94 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 1986 | 0.79 |
The correlation between ABNDX and FTHRX shifts across timeframes, from 0.79 (all time) to 0.95 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
ABNDX vs. FTHRX — Risk / Return Rank
ABNDX
FTHRX
ABNDX vs. FTHRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds The Bond Fund of America (ABNDX) and Fidelity Intermediate Bond Fund (FTHRX). 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 | FTHRX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.20 | ||
| Sortino ratioReturn per unit of downside risk | -0.34 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.22 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.28 | 1.63 | -0.35 |
| Martin ratioReturn relative to average drawdown | 3.55 | 4.48 | -0.93 |
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Drawdowns
ABNDX vs. FTHRX - Drawdown Comparison
The maximum ABNDX drawdown since its inception was -18.18%, roughly equal to the maximum FTHRX drawdown of -19.01%. Use the drawdown chart below to compare losses from any high point for ABNDX and FTHRX.
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Drawdown Indicators
| ABNDX | FTHRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.18% | -19.01% | +0.83% |
Max Drawdown (1Y)Largest decline over 1 year | -3.13% | -2.11% | -1.02% |
Max Drawdown (3Y)Largest decline over 3 years | -6.19% | -2.68% | -3.51% |
Max Drawdown (5Y)Largest decline over 5 years | -18.15% | -13.18% | -4.97% |
Max Drawdown (10Y)Largest decline over 10 years | -18.18% | -13.25% | -4.93% |
Current DrawdownCurrent decline from peak | -2.90% | -1.09% | -1.81% |
Average DrawdownAverage peak-to-trough decline | -3.22% | -3.06% | -0.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.13% | 0.77% | +0.36% |
Volatility
ABNDX vs. FTHRX - Volatility Comparison
American Funds The Bond Fund of America (ABNDX) has a higher volatility of 1.26% compared to Fidelity Intermediate Bond Fund (FTHRX) at 0.92%. This indicates that ABNDX's price experiences larger fluctuations and is considered to be riskier than FTHRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ABNDX | FTHRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.26% | 0.92% | +0.34% |
Volatility (6M)Calculated over the trailing 6-month period | 2.93% | 2.09% | +0.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.91% | 2.81% | +1.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.96% | 4.04% | +1.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.89% | 3.40% | +1.49% |
ABNDX vs. FTHRX - Expense Ratio Comparison
ABNDX has a 0.55% expense ratio, which is higher than FTHRX's 0.45% expense ratio.
Dividends
ABNDX vs. FTHRX - Dividend Comparison
ABNDX's dividend yield for the trailing twelve months is around 4.13%, more than FTHRX's 3.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABNDX American Funds The Bond Fund of America | 4.13% | 4.13% | 4.30% | 3.24% | 2.17% | 1.62% | 5.03% | 3.49% | 2.38% | 1.84% | 1.77% | 2.00% |
FTHRX Fidelity Intermediate Bond Fund | 3.69% | 3.59% | 3.49% | 2.94% | 1.55% | 1.53% | 4.16% | 2.49% | 2.48% | 2.20% | 2.63% | 2.13% |
Frequently Asked Questions
With a correlation of 0.93, ABNDX and FTHRX 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.
ABNDX has higher volatility (1.26%) compared to FTHRX (0.92%). In terms of maximum drawdown, ABNDX dropped -18.18% vs FTHRX's -19.01%.
FTHRX currently has the higher Sharpe Ratio (1.23 vs 1.03), 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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