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ABNDX vs. VBND

Last updated Feb 24, 2024

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.

Key characteristics


ABNDXVBND
YTD Return-1.93%-1.01%
1Y Return2.28%4.98%
3Y Return (Ann)-3.44%-2.41%
5Y Return (Ann)0.90%0.74%
Sharpe Ratio0.350.83
Daily Std Dev7.58%6.33%
Max Drawdown-17.75%-18.97%
Current Drawdown-11.62%-9.59%

Correlation

0.83
-1.001.00

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.

ABNDX vs. VBND - Performance Comparison

In the year-to-date period, ABNDX achieves a -1.93% return, which is significantly lower than VBND's -1.01% 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
3.42%
5.06%
ABNDX
VBND

Compare stocks, funds, or ETFs


American Funds The Bond Fund of America

Vident Core U.S. Bond Strategy ETF

ABNDX vs. VBND - Dividend Comparison

ABNDX's dividend yield for the trailing twelve months is around 3.76%, less than VBND's 4.03% 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%
VBND
Vident Core U.S. Bond Strategy ETF
4.03%3.88%2.55%1.56%1.98%3.14%2.82%2.00%3.12%1.49%0.11%0.00%

ABNDX vs. VBND - Expense Ratio Comparison

ABNDX has a 0.55% expense ratio, which is higher than VBND's 0.39% expense ratio.

0.55%
0.00%2.15%
0.39%
0.00%2.15%

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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
ABNDX
American Funds The Bond Fund of America
0.35
VBND
Vident Core U.S. Bond Strategy ETF
0.83

ABNDX vs. VBND - Sharpe Ratio Comparison

The current ABNDX Sharpe Ratio is 0.35, which is lower than the VBND Sharpe Ratio of 0.83. The chart below compares the 12-month rolling Sharpe Ratio of ABNDX and VBND.


Rolling 12-month Sharpe Ratio-0.500.000.501.00SeptemberOctoberNovemberDecember2024February
0.35
0.83
ABNDX
VBND

ABNDX vs. VBND - Drawdown Comparison

The maximum ABNDX drawdown since its inception was -17.75%, smaller than the maximum VBND drawdown of -18.97%. The drawdown chart below compares losses from any high point along the way for ABNDX and VBND


-18.00%-16.00%-14.00%-12.00%-10.00%-8.00%SeptemberOctoberNovemberDecember2024February
-11.62%
-9.59%
ABNDX
VBND

ABNDX vs. VBND - Volatility Comparison

American Funds The Bond Fund of America (ABNDX) and Vident Core U.S. Bond Strategy ETF (VBND) have volatilities of 2.32% and 2.27%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%2.50%SeptemberOctoberNovemberDecember2024February
2.32%
2.27%
ABNDX
VBND