ABNDX vs. GOOGL
Compare and contrast key facts about American Funds The Bond Fund of America (ABNDX) and Alphabet Inc. (GOOGL).
ABNDX is managed by American Funds. It was launched on May 28, 1974.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ABNDX or GOOGL.
Key characteristics
| ABNDX | GOOGL | |
|---|---|---|
| YTD Return | -2.57% | 19.28% |
| 1Y Return | -1.63% | 58.07% |
| 3Y Return (Ann) | -3.56% | 12.48% |
| 5Y Return (Ann) | 0.41% | 22.92% |
| 10Y Return (Ann) | 1.32% | 20.10% |
| Sharpe Ratio | -0.17 | 2.01 |
| Daily Std Dev | 7.00% | 28.90% |
| Max Drawdown | -17.75% | -65.29% |
| Current Drawdown | -12.21% | -3.10% |
Correlation
The correlation between ABNDX and GOOGL is -0.09. 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.
Performance
ABNDX vs. GOOGL - Performance Comparison
In the year-to-date period, ABNDX achieves a -2.57% return, which is significantly lower than GOOGL's 19.28% return. Over the past 10 years, ABNDX has underperformed GOOGL with an annualized return of 1.32%, while GOOGL has yielded a comparatively higher 20.10% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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.
Dividends
ABNDX vs. GOOGL - Dividend Comparison
ABNDX's dividend yield for the trailing twelve months is around 4.04%, while GOOGL has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABNDX American Funds The Bond Fund of America | 4.04% | 3.57% | 2.71% | 1.62% | 5.03% | 3.66% | 2.38% | 1.84% | 1.55% | 2.01% | 2.13% | 2.38% |
GOOGL Alphabet Inc. | 0.00% | 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 -17.75%, 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.
Volatility
ABNDX vs. GOOGL - Volatility Comparison
The current volatility for American Funds The Bond Fund of America (ABNDX) is 1.95%, while Alphabet Inc. (GOOGL) has a volatility of 12.29%. 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.