ABNDX vs. VBND
ABNDX (American Funds The Bond Fund of America) and VBND (Vident U.S. Bond Strategy ETF) are both funds - ABNDX is a Intermediate Core Bond fund managed by American Funds, while VBND is a Intermediate Core-Plus Bond fund tracking the Vident Core U.S. Bond Strategy Index. Over the past 10 years, ABNDX returned 1.58%/yr vs 1.56%/yr for VBND. Their correlation of 0.83 suggests significant overlap in exposure. ABNDX charges 0.55%/yr vs 0.41%/yr for VBND.
Performance
ABNDX vs. VBND - Performance Comparison
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Returns By Period
In the year-to-date period, ABNDX achieves a -0.35% return, which is significantly lower than VBND's 0.64% return. Both investments have delivered pretty close results over the past 10 years, with ABNDX having a 1.58% annualized return and VBND not far behind at 1.56%.
ABNDX
- 1D
- -0.36%
- 1M
- 0.53%
- YTD
- -0.35%
- 6M
- 0.08%
- 1Y
- 3.63%
- 3Y*
- 3.58%
- 5Y*
- -0.38%
- 10Y*
- 1.58%
VBND
- 1D
- 0.25%
- 1M
- 1.20%
- YTD
- 0.64%
- 6M
- 1.12%
- 1Y
- 4.87%
- 3Y*
- 4.70%
- 5Y*
- 0.42%
- 10Y*
- 1.56%
ABNDX vs. VBND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ABNDX American Funds The Bond Fund of America | -0.35% | 7.16% | 1.17% | 4.34% | -13.24% | -1.33% | 10.72% | 7.83% | -0.12% | 3.21% |
VBND Vident U.S. Bond Strategy ETF | 0.64% | 7.31% | 1.26% | 8.16% | -14.18% | -0.43% | 5.37% | 9.50% | -0.96% | 3.15% |
Correlation
The correlation between ABNDX and VBND is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.86 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.90 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Oct 16, 2014 | 0.83 |
The correlation between ABNDX and VBND has been stable across timeframes, ranging from 0.80 to 0.90 - a consistent structural relationship.
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Return for Risk
ABNDX vs. VBND — Risk / Return Rank
ABNDX
VBND
ABNDX vs. VBND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds The Bond Fund of America (ABNDX) and Vident 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ABNDX | VBND | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.14 | ||
| Sortino ratioReturn per unit of downside risk | -0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.20 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.25 | 1.73 | -0.48 |
| Martin ratioReturn relative to average drawdown | 3.50 | 4.59 | -1.09 |
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Drawdowns
ABNDX vs. VBND - Drawdown Comparison
The maximum ABNDX drawdown since its inception was -18.18%, roughly equal to the maximum VBND drawdown of -18.97%. Use the drawdown chart below to compare losses from any high point for ABNDX and VBND.
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Drawdown Indicators
| ABNDX | VBND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.18% | -18.97% | +0.79% |
Max Drawdown (1Y)Largest decline over 1 year | -3.13% | -2.82% | -0.31% |
Max Drawdown (3Y)Largest decline over 3 years | -6.19% | -4.60% | -1.59% |
Max Drawdown (5Y)Largest decline over 5 years | -18.15% | -18.97% | +0.82% |
Max Drawdown (10Y)Largest decline over 10 years | -18.18% | -18.97% | +0.79% |
Current DrawdownCurrent decline from peak | -3.50% | -0.62% | -2.88% |
Average DrawdownAverage peak-to-trough decline | -3.22% | -4.19% | +0.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.12% | 1.06% | +0.06% |
Volatility
ABNDX vs. VBND - Volatility Comparison
American Funds The Bond Fund of America (ABNDX) has a higher volatility of 1.19% compared to Vident U.S. Bond Strategy ETF (VBND) at 1.10%. This indicates that ABNDX's price experiences larger fluctuations and is considered to be riskier than VBND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ABNDX | VBND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.19% | 1.10% | +0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 2.90% | 2.96% | -0.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.90% | 4.26% | -0.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.96% | 6.11% | -0.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.89% | 5.46% | -0.57% |
ABNDX vs. VBND - Expense Ratio Comparison
ABNDX has a 0.55% expense ratio, which is higher than VBND's 0.41% expense ratio.
Dividends
ABNDX vs. VBND - Dividend Comparison
ABNDX's dividend yield for the trailing twelve months is around 4.16%, less than VBND's 4.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABNDX American Funds The Bond Fund of America | 4.16% | 4.13% | 4.30% | 3.24% | 2.17% | 1.62% | 5.03% | 3.49% | 2.38% | 1.84% | 1.77% | 2.00% |
VBND Vident U.S. Bond Strategy ETF | 4.25% | 4.22% | 4.41% | 3.88% | 2.55% | 1.56% | 1.98% | 3.14% | 2.82% | 2.00% | 3.12% | 1.49% |
Frequently Asked Questions
ABNDX and VBND have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ABNDX has higher volatility (1.19%) compared to VBND (1.10%). In terms of maximum drawdown, ABNDX dropped -18.18% vs VBND's -18.97%.
VBND currently has the higher Sharpe Ratio (1.15 vs 1.01), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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