ALTFX vs. ANAZX
Compare and contrast key facts about AB Sustainable Global Thematic Fund (ALTFX) and AB Global Bond Fund Class Z (ANAZX).
ALTFX is managed by AllianceBernstein. It was launched on Feb 28, 1982. ANAZX is managed by AllianceBernstein. It was launched on Oct 15, 2013.
Performance
ALTFX vs. ANAZX - Performance Comparison
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ALTFX vs. ANAZX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALTFX AB Sustainable Global Thematic Fund | -7.97% | 6.22% | 5.94% | 15.97% | -27.19% | 22.64% | 39.40% | 33.60% | -9.86% | 37.16% |
ANAZX AB Global Bond Fund Class Z | -0.85% | 6.42% | 2.70% | 5.99% | -12.17% | -2.14% | 5.13% | 7.84% | 0.38% | 3.18% |
Returns By Period
In the year-to-date period, ALTFX achieves a -7.97% return, which is significantly lower than ANAZX's -0.85% return. Over the past 10 years, ALTFX has outperformed ANAZX with an annualized return of 9.98%, while ANAZX has yielded a comparatively lower 1.75% annualized return.
ALTFX
- 1D
- 3.28%
- 1M
- -6.78%
- YTD
- -7.97%
- 6M
- -10.86%
- 1Y
- 4.24%
- 3Y*
- 4.37%
- 5Y*
- 0.58%
- 10Y*
- 9.98%
ANAZX
- 1D
- 0.15%
- 1M
- -2.28%
- YTD
- -0.85%
- 6M
- -0.33%
- 1Y
- 2.70%
- 3Y*
- 3.84%
- 5Y*
- 0.23%
- 10Y*
- 1.75%
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ALTFX vs. ANAZX - Expense Ratio Comparison
ALTFX has a 1.02% expense ratio, which is higher than ANAZX's 0.52% expense ratio.
Return for Risk
ALTFX vs. ANAZX — Risk / Return Rank
ALTFX
ANAZX
ALTFX vs. ANAZX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AB Sustainable Global Thematic Fund (ALTFX) and AB Global Bond Fund Class Z (ANAZX). 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.
| ALTFX | ANAZX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.24 | 0.90 | -0.66 |
Sortino ratioReturn per unit of downside risk | 0.47 | 1.31 | -0.83 |
Omega ratioGain probability vs. loss probability | 1.07 | 1.17 | -0.11 |
Calmar ratioReturn relative to maximum drawdown | 0.27 | 1.21 | -0.94 |
Martin ratioReturn relative to average drawdown | 0.85 | 4.88 | -4.03 |
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
| ALTFX | ANAZX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.24 | 0.90 | -0.66 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.03 | 0.05 | -0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.47 | +0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.66 | -0.40 |
Correlation
The correlation between ALTFX and ANAZX is 0.05, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
ALTFX vs. ANAZX - Dividend Comparison
ALTFX's dividend yield for the trailing twelve months is around 14.70%, more than ANAZX's 3.73% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALTFX AB Sustainable Global Thematic Fund | 14.70% | 13.53% | 8.18% | 0.03% | 2.61% | 9.99% | 7.23% | 6.01% | 8.36% | 0.00% | 4.05% | 0.00% |
ANAZX AB Global Bond Fund Class Z | 3.73% | 4.89% | 3.67% | 2.53% | 8.39% | 2.73% | 2.64% | 3.71% | 3.17% | 2.53% | 3.27% | 4.06% |
Drawdowns
ALTFX vs. ANAZX - Drawdown Comparison
The maximum ALTFX drawdown since its inception was -80.01%, which is greater than ANAZX's maximum drawdown of -17.24%. Use the drawdown chart below to compare losses from any high point for ALTFX and ANAZX.
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Drawdown Indicators
| ALTFX | ANAZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.01% | -17.24% | -62.77% |
Max Drawdown (1Y)Largest decline over 1 year | -15.81% | -3.13% | -12.68% |
Max Drawdown (5Y)Largest decline over 5 years | -35.87% | -17.24% | -18.63% |
Max Drawdown (10Y)Largest decline over 10 years | -35.87% | -17.24% | -18.63% |
Current DrawdownCurrent decline from peak | -13.82% | -2.56% | -11.26% |
Average DrawdownAverage peak-to-trough decline | -37.13% | -3.42% | -33.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.99% | 0.77% | +4.22% |
Volatility
ALTFX vs. ANAZX - Volatility Comparison
AB Sustainable Global Thematic Fund (ALTFX) has a higher volatility of 6.65% compared to AB Global Bond Fund Class Z (ANAZX) at 1.49%. This indicates that ALTFX's price experiences larger fluctuations and is considered to be riskier than ANAZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALTFX | ANAZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.65% | 1.49% | +5.16% |
Volatility (6M)Calculated over the trailing 6-month period | 11.16% | 2.18% | +8.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.78% | 3.43% | +15.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.16% | 4.39% | +13.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.99% | 3.72% | +14.27% |