ABNDX vs. VBND
Compare and contrast key facts about American Funds The Bond Fund of America (ABNDX) and Vident Core U.S. Bond Strategy ETF (VBND).
ABNDX is managed by American Funds. It was launched on May 28, 1974. VBND is a passively managed fund by Vident that tracks the performance of the Vident Core U.S. Bond Strategy Index. It was launched on Oct 15, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ABNDX or VBND.
Performance
ABNDX vs. VBND - Performance Comparison
Returns By Period
In the year-to-date period, ABNDX achieves a 1.18% return, which is significantly lower than VBND's 1.98% return. Over the past 10 years, ABNDX has underperformed VBND with an annualized return of 1.07%, while VBND has yielded a comparatively higher 1.31% annualized return.
ABNDX
1.18%
-0.87%
2.91%
6.00%
-0.67%
1.07%
VBND
1.98%
-0.60%
2.63%
6.91%
-0.05%
1.31%
Key characteristics
| ABNDX | VBND | |
|---|---|---|
| Sharpe Ratio | 1.04 | 1.22 |
| Sortino Ratio | 1.52 | 1.78 |
| Omega Ratio | 1.18 | 1.22 |
| Calmar Ratio | 0.36 | 0.54 |
| Martin Ratio | 3.30 | 4.71 |
| Ulcer Index | 1.85% | 1.52% |
| Daily Std Dev | 5.86% | 5.89% |
| Max Drawdown | -20.29% | -18.97% |
| Current Drawdown | -11.63% | -6.85% |
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ABNDX vs. VBND - Expense Ratio Comparison
ABNDX has a 0.55% expense ratio, which is higher than VBND's 0.39% expense ratio.
Correlation
The correlation between ABNDX and VBND is 0.83, 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. VBND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds The Bond Fund of America (ABNDX) and Vident Core U.S. Bond Strategy ETF (VBND). 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. VBND - Dividend Comparison
ABNDX's dividend yield for the trailing twelve months is around 4.23%, less than VBND's 4.35% 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% |
VBND Vident Core U.S. Bond Strategy ETF | 4.35% | 3.88% | 2.55% | 1.56% | 1.98% | 3.13% | 2.82% | 2.00% | 3.12% | 1.49% | 0.11% | 0.00% |
Drawdowns
ABNDX vs. VBND - Drawdown Comparison
The maximum ABNDX drawdown since its inception was -20.29%, which is greater than VBND's maximum drawdown of -18.97%. Use the drawdown chart below to compare losses from any high point for ABNDX and VBND. For additional features, visit the drawdowns tool.
Volatility
ABNDX vs. VBND - Volatility Comparison
The current volatility for American Funds The Bond Fund of America (ABNDX) is 1.45%, while Vident Core U.S. Bond Strategy ETF (VBND) has a volatility of 1.76%. This indicates that ABNDX experiences smaller price fluctuations and is considered to be less risky than VBND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.