ACISX vs. ACCBX
ACISX (AB Corporate Income Shares) and ACCBX (Invesco Corporate Bond Fund) are both Corporate Bonds funds. Over the past 10 years, ACISX returned 3.02%/yr vs 2.96%/yr for ACCBX. Their correlation of 0.92 suggests significant overlap in exposure. ACISX charges 0.00%/yr vs 0.72%/yr for ACCBX.
Performance
ACISX vs. ACCBX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ACISX achieves a 0.98% return, which is significantly higher than ACCBX's 0.62% return. Both investments have delivered pretty close results over the past 10 years, with ACISX having a 3.02% annualized return and ACCBX not far behind at 2.96%.
ACISX
- 1D
- 0.20%
- 1M
- 1.15%
- YTD
- 0.98%
- 6M
- 1.51%
- 1Y
- 6.24%
- 3Y*
- 5.89%
- 5Y*
- 0.42%
- 10Y*
- 3.02%
ACCBX
- 1D
- 0.32%
- 1M
- 1.06%
- YTD
- 0.62%
- 6M
- 1.04%
- 1Y
- 5.77%
- 3Y*
- 5.23%
- 5Y*
- -0.19%
- 10Y*
- 2.96%
ACISX vs. ACCBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ACISX AB Corporate Income Shares | 0.98% | 8.44% | 3.04% | 7.65% | -16.27% | -1.23% | 11.27% | 16.95% | -2.81% | 6.19% |
ACCBX Invesco Corporate Bond Fund | 0.62% | 7.34% | 2.87% | 7.01% | -16.72% | 0.31% | 11.43% | 15.78% | -4.13% | 7.27% |
Correlation
The correlation between ACISX and ACCBX is 0.93, 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 | 0.93 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.96 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Aug 7, 2012 | 0.92 |
The correlation between ACISX and ACCBX has been stable across timeframes, ranging from 0.92 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
ACISX vs. ACCBX — Risk / Return Rank
ACISX
ACCBX
ACISX vs. ACCBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AB Corporate Income Shares (ACISX) and Invesco Corporate Bond Fund (ACCBX). 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.
| ACISX | ACCBX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.27 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.92 | 1.68 | +0.24 |
| Martin ratioReturn relative to average drawdown | 6.24 | 5.64 | +0.60 |
Loading charts...
Drawdowns
ACISX vs. ACCBX - Drawdown Comparison
The maximum ACISX drawdown since its inception was -22.65%, smaller than the maximum ACCBX drawdown of -45.26%. Use the drawdown chart below to compare losses from any high point for ACISX and ACCBX.
Loading charts...
Drawdown Indicators
| ACISX | ACCBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.65% | -45.26% | +22.61% |
Max Drawdown (1Y)Largest decline over 1 year | -3.26% | -3.46% | +0.20% |
Max Drawdown (3Y)Largest decline over 3 years | -6.56% | -6.72% | +0.16% |
Max Drawdown (5Y)Largest decline over 5 years | -22.65% | -23.59% | +0.94% |
Max Drawdown (10Y)Largest decline over 10 years | -22.65% | -23.59% | +0.94% |
Current DrawdownCurrent decline from peak | -0.81% | -2.72% | +1.91% |
Average DrawdownAverage peak-to-trough decline | -4.45% | -10.85% | +6.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.00% | 1.03% | -0.03% |
Volatility
ACISX vs. ACCBX - Volatility Comparison
AB Corporate Income Shares (ACISX) and Invesco Corporate Bond Fund (ACCBX) have volatilities of 1.20% and 1.24%, 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.
Loading charts...
Volatility by Period
| ACISX | ACCBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.20% | 1.24% | -0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 3.16% | 3.08% | +0.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.23% | 4.03% | +0.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.49% | 6.28% | +0.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.01% | 5.73% | +0.28% |
ACISX vs. ACCBX - Expense Ratio Comparison
ACISX has a 0.00% expense ratio, which is lower than ACCBX's 0.72% expense ratio.
Dividends
ACISX vs. ACCBX - Dividend Comparison
ACISX's dividend yield for the trailing twelve months is around 5.06%, more than ACCBX's 5.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACCBX Invesco Corporate Bond Fund | 5.00% | 4.95% | 4.63% | 3.78% | 3.84% | 4.91% | 5.98% | 3.67% | 4.22% | 4.13% | 3.64% | 3.88% |
ACISX AB Corporate Income Shares | 5.06% | 5.10% | 4.97% | 3.66% | 3.48% | 3.44% | 5.62% | 4.77% | 3.99% | 3.28% | 3.54% | 3.63% |
Frequently Asked Questions
With a correlation of 0.93, ACISX and ACCBX 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.
ACCBX has higher volatility (1.24%) compared to ACISX (1.20%). In terms of maximum drawdown, ACISX dropped -22.65% vs ACCBX's -45.26%.
ACISX currently has the higher Sharpe Ratio (1.48 vs 1.44), 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 ACISX and ACCBX
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