ABNDX vs. IEF
Compare and contrast key facts about American Funds The Bond Fund of America (ABNDX) and iShares 7-10 Year Treasury Bond ETF (IEF).
ABNDX is managed by American Funds. It was launched on May 28, 1974. IEF is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. 7-10 Year Treasury Bond Index. It was launched on Jul 26, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ABNDX or IEF.
Performance
ABNDX vs. IEF - Performance Comparison
Returns By Period
In the year-to-date period, ABNDX achieves a 1.18% return, which is significantly higher than IEF's -0.04% return. Over the past 10 years, ABNDX has outperformed IEF with an annualized return of 1.07%, while IEF has yielded a comparatively lower 0.81% annualized return.
ABNDX
1.18%
-0.87%
2.91%
6.00%
-0.67%
1.07%
IEF
-0.04%
-1.39%
2.36%
4.43%
-1.55%
0.81%
Key characteristics
| ABNDX | IEF | |
|---|---|---|
| Sharpe Ratio | 1.04 | 0.65 |
| Sortino Ratio | 1.52 | 0.97 |
| Omega Ratio | 1.18 | 1.11 |
| Calmar Ratio | 0.36 | 0.22 |
| Martin Ratio | 3.30 | 1.77 |
| Ulcer Index | 1.85% | 2.58% |
| Daily Std Dev | 5.86% | 6.99% |
| Max Drawdown | -20.29% | -23.93% |
| Current Drawdown | -11.63% | -16.90% |
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ABNDX vs. IEF - Expense Ratio Comparison
ABNDX has a 0.55% expense ratio, which is higher than IEF's 0.15% expense ratio.
Correlation
The correlation between ABNDX and IEF is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
ABNDX vs. IEF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds The Bond Fund of America (ABNDX) and iShares 7-10 Year Treasury Bond ETF (IEF). 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. IEF - Dividend Comparison
ABNDX's dividend yield for the trailing twelve months is around 4.23%, more than IEF's 3.50% 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% |
IEF iShares 7-10 Year Treasury Bond ETF | 3.50% | 2.91% | 1.96% | 0.83% | 1.08% | 2.08% | 2.24% | 1.82% | 1.81% | 1.90% | 2.05% | 1.77% |
Drawdowns
ABNDX vs. IEF - Drawdown Comparison
The maximum ABNDX drawdown since its inception was -20.29%, smaller than the maximum IEF drawdown of -23.93%. Use the drawdown chart below to compare losses from any high point for ABNDX and IEF. For additional features, visit the drawdowns tool.
Volatility
ABNDX vs. IEF - Volatility Comparison
The current volatility for American Funds The Bond Fund of America (ABNDX) is 1.45%, while iShares 7-10 Year Treasury Bond ETF (IEF) has a volatility of 1.82%. This indicates that ABNDX experiences smaller price fluctuations and is considered to be less risky than IEF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.