ABNFX vs. IGIB
ABNFX (American Funds The Bond Fund of America® Class F-2) and IGIB (iShares Intermediate-Term Corporate Bond ETF) are both funds - ABNFX is a Intermediate Core Bond fund managed by American Funds, while IGIB is a Corporate Bonds fund tracking the Bloomberg Barclays U.S. Intermediate Credit Index. Over the past 10 years, ABNFX returned 1.90%/yr vs 3.06%/yr for IGIB. A 0.79 correlation means they provide meaningful diversification when combined. ABNFX charges 0.35%/yr vs 0.06%/yr for IGIB.
Performance
ABNFX vs. IGIB - Performance Comparison
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Returns By Period
In the year-to-date period, ABNFX achieves a -0.07% return, which is significantly lower than IGIB's 0.34% return. Over the past 10 years, ABNFX has underperformed IGIB with an annualized return of 1.90%, while IGIB has yielded a comparatively higher 3.06% annualized return.
ABNFX
- 1D
- -0.27%
- 1M
- 0.01%
- YTD
- -0.07%
- 6M
- 0.12%
- 1Y
- 4.35%
- 3Y*
- 3.83%
- 5Y*
- -0.10%
- 10Y*
- 1.90%
IGIB
- 1D
- 0.13%
- 1M
- 0.27%
- YTD
- 0.34%
- 6M
- 0.44%
- 1Y
- 5.84%
- 3Y*
- 6.30%
- 5Y*
- 1.40%
- 10Y*
- 3.06%
ABNFX vs. IGIB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ABNFX American Funds The Bond Fund of America® Class F-2 | -0.07% | 7.42% | 1.42% | 4.29% | -13.08% | -0.88% | 10.86% | 8.08% | 0.15% | 3.48% |
IGIB iShares Intermediate-Term Corporate Bond ETF | 0.34% | 9.58% | 3.49% | 9.22% | -14.00% | -1.66% | 9.64% | 14.60% | -0.71% | 3.50% |
Correlation
The correlation between ABNFX and IGIB is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.88 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.91 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Aug 4, 2008 | 0.79 |
The correlation between ABNFX and IGIB shifts across timeframes, from 0.79 (all time) to 0.91 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
ABNFX vs. IGIB — Risk / Return Rank
ABNFX
IGIB
ABNFX vs. IGIB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds The Bond Fund of America® Class F-2 (ABNFX) and iShares Intermediate-Term Corporate Bond ETF (IGIB). 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.
| ABNFX | IGIB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.25 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.62 | 1.95 | -0.33 |
| Martin ratioReturn relative to average drawdown | 4.83 | 6.59 | -1.77 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ABNFX | IGIB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.27 | 1.43 | -0.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.02 | 0.21 | -0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.39 | 0.51 | -0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.65 | 0.70 | -0.05 |
Drawdowns
ABNFX vs. IGIB - Drawdown Comparison
The maximum ABNFX drawdown since its inception was -17.69%, smaller than the maximum IGIB drawdown of -20.62%. Use the drawdown chart below to compare losses from any high point for ABNFX and IGIB.
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Drawdown Indicators
| ABNFX | IGIB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.69% | -20.62% | +2.93% |
Max Drawdown (1Y)Largest decline over 1 year | -3.09% | -3.01% | -0.08% |
Max Drawdown (3Y)Largest decline over 3 years | -6.12% | -6.05% | -0.07% |
Max Drawdown (5Y)Largest decline over 5 years | -17.65% | -20.62% | +2.97% |
Max Drawdown (10Y)Largest decline over 10 years | -17.69% | -20.62% | +2.93% |
Current DrawdownCurrent decline from peak | -2.18% | -1.20% | -0.98% |
Average DrawdownAverage peak-to-trough decline | -3.29% | -2.58% | -0.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.04% | 0.89% | +0.15% |
Volatility
ABNFX vs. IGIB - Volatility Comparison
American Funds The Bond Fund of America® Class F-2 (ABNFX) and iShares Intermediate-Term Corporate Bond ETF (IGIB) have volatilities of 1.38% and 1.32%, 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.
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Volatility by Period
| ABNFX | IGIB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.38% | 1.32% | +0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 2.82% | 3.08% | -0.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.95% | 4.14% | -0.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.96% | 6.56% | -0.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.89% | 6.05% | -1.16% |
ABNFX vs. IGIB - Expense Ratio Comparison
ABNFX has a 0.35% expense ratio, which is higher than IGIB's 0.06% expense ratio.
Dividends
ABNFX vs. IGIB - Dividend Comparison
ABNFX's dividend yield for the trailing twelve months is around 4.39%, less than IGIB's 4.81% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABNFX American Funds The Bond Fund of America® Class F-2 | 4.39% | 4.37% | 4.55% | 3.19% | 2.37% | 2.07% | 5.15% | 3.72% | 2.65% | 2.10% | 2.31% | 2.24% |
IGIB iShares Intermediate-Term Corporate Bond ETF | 4.81% | 4.59% | 4.41% | 3.78% | 3.04% | 2.52% | 2.74% | 3.44% | 3.41% | 2.51% | 2.45% | 2.51% |
Frequently Asked Questions
ABNFX and IGIB have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ABNFX has higher volatility (1.38%) compared to IGIB (1.32%). In terms of maximum drawdown, ABNFX dropped -17.69% vs IGIB's -20.62%.
IGIB currently has the higher Sharpe Ratio (1.43 vs 1.27), 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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