ABNDX vs. TFBYX
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.
Performance
ABNDX vs. TFBYX - Performance Comparison
Returns By Period
In the year-to-date period, ABNDX achieves a 1.18% return, which is significantly lower than TFBYX's 5.21% return.
ABNDX
1.18%
-0.87%
2.91%
6.00%
-0.67%
1.07%
TFBYX
5.21%
0.00%
3.35%
7.06%
N/A
N/A
Key characteristics
| ABNDX | TFBYX | |
|---|---|---|
| Sharpe Ratio | 1.04 | 5.20 |
| Sortino Ratio | 1.52 | 9.34 |
| Omega Ratio | 1.18 | 2.50 |
| Calmar Ratio | 0.36 | 15.43 |
| Martin Ratio | 3.30 | 55.35 |
| Ulcer Index | 1.85% | 0.13% |
| Daily Std Dev | 5.86% | 1.36% |
| Max Drawdown | -20.29% | -7.40% |
| Current Drawdown | -11.63% | -0.12% |
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ABNDX vs. TFBYX - Expense Ratio Comparison
ABNDX has a 0.55% expense ratio, which is lower than TFBYX's 0.57% expense ratio.
Correlation
The correlation between ABNDX and TFBYX is 0.47, 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.
Risk-Adjusted Performance
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.
Dividends
ABNDX vs. TFBYX - Dividend Comparison
ABNDX's dividend yield for the trailing twelve months is around 4.23%, more than TFBYX's 3.90% 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% |
TFBYX American Beacon TwentyFour Sustainable Short Term Bond Fund | 3.90% | 3.73% | 12.54% | 3.05% | 2.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ABNDX vs. TFBYX - Drawdown Comparison
The maximum ABNDX drawdown since its inception was -20.29%, which is greater than TFBYX's maximum drawdown of -7.40%. Use the drawdown chart below to compare losses from any high point for ABNDX and TFBYX. For additional features, visit the drawdowns tool.
Volatility
ABNDX vs. TFBYX - Volatility Comparison
American Funds The Bond Fund of America (ABNDX) has a higher volatility of 1.45% compared to American Beacon TwentyFour Sustainable Short Term Bond Fund (TFBYX) at 0.37%. 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.