PortfoliosLab logo
Tools
Performance Analysis
Risk Analysis
Optimization
Factor Model
See All Tools
Portfolio Analysis
Portfolios
Lazy PortfoliosUser Portfolios
Discussions

ABNDX vs. TFBYX

Last updated Feb 24, 2024

Compare and contrast key facts about American Funds The Bond Fund of America (ABNDX) and American Beacon TwentyFour Sustainable Short Term Bond Fund (TFBYX).

ABNDX is managed by American Funds. It was launched on May 28, 1974. TFBYX is managed by American Beacon. It was launched on Feb 18, 2020.

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

Key characteristics


ABNDXTFBYX
YTD Return-1.93%0.60%
1Y Return2.28%6.27%
3Y Return (Ann)-3.44%1.34%
Sharpe Ratio0.353.99
Daily Std Dev7.58%1.57%
Max Drawdown-17.75%-7.41%
Current Drawdown-11.62%-0.23%

Correlation

0.44
-1.001.00

The correlation between ABNDX and TFBYX is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

ABNDX vs. TFBYX - Performance Comparison

In the year-to-date period, ABNDX achieves a -1.93% return, which is significantly lower than TFBYX's 0.60% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-4.00%-2.00%0.00%2.00%4.00%6.00%SeptemberOctoberNovemberDecember2024February
3.41%
4.59%
ABNDX
TFBYX

Compare stocks, funds, or ETFs


American Funds The Bond Fund of America

American Beacon TwentyFour Sustainable Short Term Bond Fund

ABNDX vs. TFBYX - Dividend Comparison

ABNDX's dividend yield for the trailing twelve months is around 3.76%, which matches TFBYX's 3.79% 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%
TFBYX
American Beacon TwentyFour Sustainable Short Term Bond Fund
3.79%3.73%12.53%3.06%2.18%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

ABNDX vs. TFBYX - Expense Ratio Comparison

ABNDX has a 0.55% expense ratio, which is lower than TFBYX's 0.57% expense ratio.

0.57%
0.00%2.15%
0.55%
0.00%2.15%

ABNDX vs. TFBYX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds The Bond Fund of America (ABNDX) and American Beacon TwentyFour Sustainable Short Term Bond Fund (TFBYX). 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
TFBYX
American Beacon TwentyFour Sustainable Short Term Bond Fund
3.99

ABNDX vs. TFBYX - Sharpe Ratio Comparison

The current ABNDX Sharpe Ratio is 0.35, which is lower than the TFBYX Sharpe Ratio of 3.99. The chart below compares the 12-month rolling Sharpe Ratio of ABNDX and TFBYX.


Rolling 12-month Sharpe Ratio0.001.002.003.004.005.00SeptemberOctoberNovemberDecember2024February
0.35
3.99
ABNDX
TFBYX

ABNDX vs. TFBYX - Drawdown Comparison

The maximum ABNDX drawdown since its inception was -17.75%, which is greater than TFBYX's maximum drawdown of -7.41%. The drawdown chart below compares losses from any high point along the way for ABNDX and TFBYX


-15.00%-10.00%-5.00%0.00%SeptemberOctoberNovemberDecember2024February
-11.62%
-0.23%
ABNDX
TFBYX

ABNDX vs. TFBYX - Volatility Comparison

American Funds The Bond Fund of America (ABNDX) has a higher volatility of 2.32% compared to American Beacon TwentyFour Sustainable Short Term Bond Fund (TFBYX) at 0.71%. This indicates that ABNDX's price experiences larger fluctuations and is considered to be riskier than TFBYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.50%1.00%1.50%2.00%2.50%SeptemberOctoberNovemberDecember2024February
2.32%
0.71%
ABNDX
TFBYX