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ABNDX vs. FXAIX

Last updated Feb 24, 2024

Compare and contrast key facts about American Funds The Bond Fund of America (ABNDX) and Fidelity 500 Index Fund (FXAIX).

ABNDX is managed by American Funds. It was launched on May 28, 1974. FXAIX is managed by Fidelity.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ABNDX or FXAIX.

Key characteristics


ABNDXFXAIX
YTD Return-1.93%6.91%
1Y Return2.28%28.88%
3Y Return (Ann)-3.44%11.18%
5Y Return (Ann)0.90%14.68%
10Y Return (Ann)1.53%12.84%
Sharpe Ratio0.352.38
Daily Std Dev7.58%12.44%
Max Drawdown-17.75%-33.79%
Current Drawdown-11.62%0.00%

Correlation

-0.16
-1.001.00

The correlation between ABNDX and FXAIX is -0.16. 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. FXAIX - Performance Comparison

In the year-to-date period, ABNDX achieves a -1.93% return, which is significantly lower than FXAIX's 6.91% return. Over the past 10 years, ABNDX has underperformed FXAIX with an annualized return of 1.53%, while FXAIX has yielded a comparatively higher 12.84% 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%
16.40%
ABNDX
FXAIX

Compare stocks, funds, or ETFs


American Funds The Bond Fund of America

Fidelity 500 Index Fund

ABNDX vs. FXAIX - Dividend Comparison

ABNDX's dividend yield for the trailing twelve months is around 3.76%, more than FXAIX's 1.36% 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%
FXAIX
Fidelity 500 Index Fund
1.36%1.45%1.69%1.22%1.60%2.06%2.72%1.97%2.52%2.83%2.63%1.84%

ABNDX vs. FXAIX - Expense Ratio Comparison

ABNDX has a 0.55% expense ratio, which is higher than FXAIX's 0.02% expense ratio.

0.55%
0.00%2.15%
0.02%
0.00%2.15%

ABNDX vs. FXAIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds The Bond Fund of America (ABNDX) and Fidelity 500 Index Fund (FXAIX). 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
FXAIX
Fidelity 500 Index Fund
2.38

ABNDX vs. FXAIX - Sharpe Ratio Comparison

The current ABNDX Sharpe Ratio is 0.35, which is lower than the FXAIX Sharpe Ratio of 2.38. The chart below compares the 12-month rolling Sharpe Ratio of ABNDX and FXAIX.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00SeptemberOctoberNovemberDecember2024February
0.35
2.38
ABNDX
FXAIX

ABNDX vs. FXAIX - Drawdown Comparison

The maximum ABNDX drawdown since its inception was -17.75%, smaller than the maximum FXAIX drawdown of -33.79%. The drawdown chart below compares losses from any high point along the way for ABNDX and FXAIX


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

ABNDX vs. FXAIX - Volatility Comparison

The current volatility for American Funds The Bond Fund of America (ABNDX) is 2.32%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 3.91%. This indicates that ABNDX experiences smaller price fluctuations and is considered to be less risky than FXAIX 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%4.50%5.00%SeptemberOctoberNovemberDecember2024February
2.32%
3.91%
ABNDX
FXAIX