ABNFX vs. VCORX
ABNFX (American Funds The Bond Fund of America® Class F-2) and VCORX (Vanguard Core Bond Fund Investor Shares) are both mutual funds - ABNFX is a Intermediate Core Bond fund managed by American Funds, while VCORX is a Total Bond Market fund managed by Vanguard. Over the past 10 years, ABNFX returned 1.83%/yr vs 2.11%/yr for VCORX. Their correlation of 0.94 suggests significant overlap in exposure. ABNFX charges 0.35%/yr vs 0.20%/yr for VCORX.
Performance
ABNFX vs. VCORX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ABNFX achieves a -0.25% return, which is significantly lower than VCORX's 0.50% return. Over the past 10 years, ABNFX has underperformed VCORX with an annualized return of 1.83%, while VCORX has yielded a comparatively higher 2.11% annualized return.
ABNFX
- 1D
- -0.36%
- 1M
- 0.55%
- YTD
- -0.25%
- 6M
- 0.20%
- 1Y
- 3.88%
- 3Y*
- 3.83%
- 5Y*
- -0.16%
- 10Y*
- 1.83%
VCORX
- 1D
- -0.22%
- 1M
- 0.60%
- YTD
- 0.50%
- 6M
- 0.61%
- 1Y
- 4.57%
- 3Y*
- 4.57%
- 5Y*
- 0.34%
- 10Y*
- 2.11%
ABNFX vs. VCORX - 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 | -0.25% | 7.42% | 1.42% | 4.29% | -13.08% | -0.88% | 10.86% | 8.08% | 0.15% | 3.48% |
VCORX Vanguard Core Bond Fund Investor Shares | 0.50% | 7.68% | 2.10% | 5.90% | -13.27% | -0.80% | 10.19% | 9.47% | -0.92% | 4.34% |
Correlation
The correlation between ABNFX and VCORX is 0.91, 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 | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.94 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.96 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Mar 30, 2016 | 0.94 |
The correlation between ABNFX and VCORX has been stable across timeframes, ranging from 0.91 to 0.96 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ABNFX vs. VCORX — Risk / Return Rank
ABNFX
VCORX
ABNFX vs. VCORX - 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 Vanguard Core Bond Fund Investor Shares (VCORX). 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.
| ABNFX | VCORX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.25 | ||
| Sortino ratioReturn per unit of downside risk | -0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.24 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.35 | 1.83 | -0.48 |
| Martin ratioReturn relative to average drawdown | 3.77 | 5.23 | -1.46 |
Loading charts...
Drawdowns
ABNFX vs. VCORX - Drawdown Comparison
The maximum ABNFX drawdown since its inception was -17.69%, roughly equal to the maximum VCORX drawdown of -18.14%. Use the drawdown chart below to compare losses from any high point for ABNFX and VCORX.
Loading charts...
Drawdown Indicators
| ABNFX | VCORX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.69% | -18.14% | +0.45% |
Max Drawdown (1Y)Largest decline over 1 year | -3.09% | -2.64% | -0.45% |
Max Drawdown (3Y)Largest decline over 3 years | -6.12% | -5.99% | -0.13% |
Max Drawdown (5Y)Largest decline over 5 years | -17.65% | -18.14% | +0.49% |
Max Drawdown (10Y)Largest decline over 10 years | -17.69% | -18.14% | +0.45% |
Current DrawdownCurrent decline from peak | -2.35% | -1.28% | -1.07% |
Average DrawdownAverage peak-to-trough decline | -3.28% | -4.25% | +0.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.10% | 0.92% | +0.18% |
Volatility
ABNFX vs. VCORX - Volatility Comparison
American Funds The Bond Fund of America® Class F-2 (ABNFX) has a higher volatility of 1.20% compared to Vanguard Core Bond Fund Investor Shares (VCORX) at 1.01%. This indicates that ABNFX's price experiences larger fluctuations and is considered to be riskier than VCORX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ABNFX | VCORX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.20% | 1.01% | +0.19% |
Volatility (6M)Calculated over the trailing 6-month period | 2.92% | 2.75% | +0.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.92% | 3.67% | +0.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.97% | 5.81% | +0.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.90% | 4.81% | +0.09% |
ABNFX vs. VCORX - Expense Ratio Comparison
ABNFX has a 0.35% expense ratio, which is higher than VCORX's 0.20% expense ratio.
Dividends
ABNFX vs. VCORX - Dividend Comparison
ABNFX's dividend yield for the trailing twelve months is around 4.40%, less than VCORX's 4.64% 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 | 4.40% | 4.37% | 4.55% | 3.19% | 2.37% | 2.07% | 5.15% | 3.72% | 2.65% | 2.10% | 2.31% | 2.24% |
VCORX Vanguard Core Bond Fund Investor Shares | 4.64% | 4.70% | 4.93% | 3.99% | 2.90% | 1.91% | 2.95% | 2.93% | 2.98% | 2.62% | 2.20% | 0.00% |
Frequently Asked Questions
With a correlation of 0.91, ABNFX and VCORX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
ABNFX has higher volatility (1.20%) compared to VCORX (1.01%). In terms of maximum drawdown, ABNFX dropped -17.69% vs VCORX's -18.14%.
VCORX currently has the higher Sharpe Ratio (1.32 vs 1.07), 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.
Find the right allocation for ABNFX and VCORX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer