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ABNDX vs. GOOGL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

ABNDX vs. GOOGL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds The Bond Fund of America (ABNDX) and Alphabet Inc. (GOOGL). The values are adjusted to include any dividend payments, if applicable.

-15.00%-10.00%-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
3.29%
1.65%
ABNDX
GOOGL

Returns By Period

In the year-to-date period, ABNDX achieves a 1.18% return, which is significantly lower than GOOGL's 26.29% return. Over the past 10 years, ABNDX has underperformed GOOGL with an annualized return of 1.07%, while GOOGL has yielded a comparatively higher 20.56% annualized return.


ABNDX

YTD

1.18%

1M

-0.87%

6M

2.91%

1Y

6.00%

5Y (annualized)

-0.67%

10Y (annualized)

1.07%

GOOGL

YTD

26.29%

1M

7.26%

6M

0.02%

1Y

28.80%

5Y (annualized)

22.30%

10Y (annualized)

20.56%

Key characteristics


ABNDXGOOGL
Sharpe Ratio1.041.11
Sortino Ratio1.521.61
Omega Ratio1.181.21
Calmar Ratio0.361.33
Martin Ratio3.303.32
Ulcer Index1.85%8.87%
Daily Std Dev5.86%26.62%
Max Drawdown-20.29%-65.29%
Current Drawdown-11.63%-7.83%

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Correlation

-0.50.00.51.0-0.1

The correlation between ABNDX and GOOGL is -0.08. 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. GOOGL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds The Bond Fund of America (ABNDX) and Alphabet Inc. (GOOGL). 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 ratio
The chart of Sharpe ratio for ABNDX, currently valued at 1.04, compared to the broader market-1.000.001.002.003.004.005.001.041.11
The chart of Sortino ratio for ABNDX, currently valued at 1.52, compared to the broader market0.005.0010.001.521.61
The chart of Omega ratio for ABNDX, currently valued at 1.18, compared to the broader market1.002.003.004.001.181.21
The chart of Calmar ratio for ABNDX, currently valued at 0.36, compared to the broader market0.005.0010.0015.0020.0025.000.361.33
The chart of Martin ratio for ABNDX, currently valued at 3.30, compared to the broader market0.0020.0040.0060.0080.00100.003.303.32
ABNDX
GOOGL

The current ABNDX Sharpe Ratio is 1.04, which is comparable to the GOOGL Sharpe Ratio of 1.11. The chart below compares the historical Sharpe Ratios of ABNDX and GOOGL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.000.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
1.04
1.11
ABNDX
GOOGL

Dividends

ABNDX vs. GOOGL - Dividend Comparison

ABNDX's dividend yield for the trailing twelve months is around 4.23%, more than GOOGL's 0.23% yield.


TTM20232022202120202019201820172016201520142013
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%
GOOGL
Alphabet Inc.
0.23%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

ABNDX vs. GOOGL - Drawdown Comparison

The maximum ABNDX drawdown since its inception was -20.29%, smaller than the maximum GOOGL drawdown of -65.29%. Use the drawdown chart below to compare losses from any high point for ABNDX and GOOGL. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-11.63%
-7.83%
ABNDX
GOOGL

Volatility

ABNDX vs. GOOGL - Volatility Comparison

The current volatility for American Funds The Bond Fund of America (ABNDX) is 1.45%, while Alphabet Inc. (GOOGL) has a volatility of 7.90%. This indicates that ABNDX experiences smaller price fluctuations and is considered to be less risky than GOOGL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%10.00%12.00%JuneJulyAugustSeptemberOctoberNovember
1.45%
7.90%
ABNDX
GOOGL