ABNFX vs. FTBFX
Compare and contrast key facts about American Funds The Bond Fund of America® Class F-2 (ABNFX) and Fidelity Total Bond Fund (FTBFX).
ABNFX is managed by American Funds. It was launched on Aug 4, 2008. FTBFX is managed by Fidelity. It was launched on Oct 15, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ABNFX or FTBFX.
Correlation
The correlation between ABNFX and FTBFX is 0.90, 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.
Performance
ABNFX vs. FTBFX - Performance Comparison
Key characteristics
ABNFX:
0.91
FTBFX:
1.12
ABNFX:
1.33
FTBFX:
1.67
ABNFX:
1.16
FTBFX:
1.20
ABNFX:
0.32
FTBFX:
0.54
ABNFX:
2.24
FTBFX:
3.19
ABNFX:
2.15%
FTBFX:
1.80%
ABNFX:
5.29%
FTBFX:
5.12%
ABNFX:
-19.92%
FTBFX:
-18.19%
ABNFX:
-9.58%
FTBFX:
-4.20%
Returns By Period
In the year-to-date period, ABNFX achieves a 1.28% return, which is significantly lower than FTBFX's 1.43% return. Over the past 10 years, ABNFX has underperformed FTBFX with an annualized return of 1.28%, while FTBFX has yielded a comparatively higher 1.99% annualized return.
ABNFX
1.28%
1.37%
-0.72%
5.19%
-0.39%
1.28%
FTBFX
1.43%
1.43%
-0.20%
6.20%
0.24%
1.99%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ABNFX vs. FTBFX - Expense Ratio Comparison
ABNFX has a 0.35% expense ratio, which is lower than FTBFX's 0.45% expense ratio.
Risk-Adjusted Performance
ABNFX vs. FTBFX — Risk-Adjusted Performance Rank
ABNFX
FTBFX
ABNFX vs. FTBFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds The Bond Fund of America® Class F-2 (ABNFX) and Fidelity Total Bond Fund (FTBFX). 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
ABNFX vs. FTBFX - Dividend Comparison
ABNFX's dividend yield for the trailing twelve months is around 4.53%, less than FTBFX's 4.73% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABNFX American Funds The Bond Fund of America® Class F-2 | 4.53% | 4.56% | 3.84% | 2.97% | 1.68% | 2.12% | 2.57% | 2.66% | 2.10% | 1.97% | 2.23% | 2.40% |
FTBFX Fidelity Total Bond Fund | 4.73% | 4.78% | 4.15% | 3.34% | 2.19% | 2.53% | 2.95% | 3.19% | 2.74% | 2.95% | 3.71% | 2.99% |
Drawdowns
ABNFX vs. FTBFX - Drawdown Comparison
The maximum ABNFX drawdown since its inception was -19.92%, which is greater than FTBFX's maximum drawdown of -18.19%. Use the drawdown chart below to compare losses from any high point for ABNFX and FTBFX. For additional features, visit the drawdowns tool.
Volatility
ABNFX vs. FTBFX - Volatility Comparison
American Funds The Bond Fund of America® Class F-2 (ABNFX) has a higher volatility of 1.41% compared to Fidelity Total Bond Fund (FTBFX) at 1.33%. This indicates that ABNFX's price experiences larger fluctuations and is considered to be riskier than FTBFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.