ABNDX vs. FXAIX
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.
Performance
ABNDX vs. FXAIX - Performance Comparison
Returns By Period
In the year-to-date period, ABNDX achieves a 1.18% return, which is significantly lower than FXAIX's 25.57% return. Over the past 10 years, ABNDX has underperformed FXAIX with an annualized return of 1.07%, while FXAIX has yielded a comparatively higher 13.04% annualized return.
ABNDX
1.18%
-0.87%
2.91%
6.00%
-0.67%
1.07%
FXAIX
25.57%
1.18%
12.23%
32.20%
15.59%
13.04%
Key characteristics
| ABNDX | FXAIX | |
|---|---|---|
| Sharpe Ratio | 1.04 | 2.61 |
| Sortino Ratio | 1.52 | 3.49 |
| Omega Ratio | 1.18 | 1.49 |
| Calmar Ratio | 0.36 | 3.78 |
| Martin Ratio | 3.30 | 17.01 |
| Ulcer Index | 1.85% | 1.88% |
| Daily Std Dev | 5.86% | 12.24% |
| Max Drawdown | -20.29% | -33.79% |
| Current Drawdown | -11.63% | -1.35% |
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ABNDX vs. FXAIX - Expense Ratio Comparison
ABNDX has a 0.55% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Correlation
The correlation between ABNDX and FXAIX 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.
Risk-Adjusted Performance
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.
Dividends
ABNDX vs. FXAIX - Dividend Comparison
ABNDX's dividend yield for the trailing twelve months is around 4.23%, more than FXAIX's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABNDX American Funds The Bond Fund of America | 4.23% | 3.58% | 2.71% | 1.45% | 1.87% | 2.32% | 2.39% | 1.84% | 1.71% | 2.01% | 2.13% | 2.38% |
FXAIX Fidelity 500 Index Fund | 1.23% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% | 1.84% |
Drawdowns
ABNDX vs. FXAIX - Drawdown Comparison
The maximum ABNDX drawdown since its inception was -20.29%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for ABNDX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
ABNDX vs. FXAIX - Volatility Comparison
The current volatility for American Funds The Bond Fund of America (ABNDX) is 1.45%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 4.06%. 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.