AMUSX vs. ASBAX
Compare and contrast key facts about American Funds U.S. Government Securities Fund (AMUSX) and American Funds Short-Term Bond Fund of America (ASBAX).
AMUSX is managed by American Funds. It was launched on Oct 16, 1985. ASBAX is managed by American Funds. It was launched on Oct 2, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMUSX or ASBAX.
Performance
AMUSX vs. ASBAX - Performance Comparison
Returns By Period
In the year-to-date period, AMUSX achieves a 0.36% return, which is significantly lower than ASBAX's 3.51% return. Over the past 10 years, AMUSX has underperformed ASBAX with an annualized return of 0.16%, while ASBAX has yielded a comparatively higher 1.10% annualized return.
AMUSX
0.36%
-1.24%
2.59%
4.57%
-1.05%
0.16%
ASBAX
3.51%
-0.18%
3.05%
5.14%
1.09%
1.10%
Key characteristics
| AMUSX | ASBAX | |
|---|---|---|
| Sharpe Ratio | 0.80 | 2.36 |
| Sortino Ratio | 1.18 | 3.98 |
| Omega Ratio | 1.14 | 1.58 |
| Calmar Ratio | 0.27 | 1.46 |
| Martin Ratio | 2.31 | 14.14 |
| Ulcer Index | 2.01% | 0.37% |
| Daily Std Dev | 5.79% | 2.23% |
| Max Drawdown | -20.15% | -6.83% |
| Current Drawdown | -12.86% | -0.80% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AMUSX vs. ASBAX - Expense Ratio Comparison
AMUSX has a 0.61% expense ratio, which is lower than ASBAX's 0.66% expense ratio.
Correlation
The correlation between AMUSX and ASBAX is 0.71, 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.
Risk-Adjusted Performance
AMUSX vs. ASBAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds U.S. Government Securities Fund (AMUSX) and American Funds Short-Term Bond Fund of America (ASBAX). 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
AMUSX vs. ASBAX - Dividend Comparison
AMUSX's dividend yield for the trailing twelve months is around 4.17%, more than ASBAX's 3.94% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMUSX American Funds U.S. Government Securities Fund | 4.17% | 3.44% | 2.60% | 1.06% | 1.01% | 1.85% | 1.72% | 1.22% | 1.13% | 1.31% | 1.01% | 1.79% |
ASBAX American Funds Short-Term Bond Fund of America | 3.94% | 3.20% | 1.37% | 0.42% | 1.11% | 1.76% | 1.70% | 1.13% | 0.89% | 0.86% | 0.39% | 0.61% |
Drawdowns
AMUSX vs. ASBAX - Drawdown Comparison
The maximum AMUSX drawdown since its inception was -20.15%, which is greater than ASBAX's maximum drawdown of -6.83%. Use the drawdown chart below to compare losses from any high point for AMUSX and ASBAX. For additional features, visit the drawdowns tool.
Volatility
AMUSX vs. ASBAX - Volatility Comparison
American Funds U.S. Government Securities Fund (AMUSX) has a higher volatility of 1.26% compared to American Funds Short-Term Bond Fund of America (ASBAX) at 0.54%. This indicates that AMUSX's price experiences larger fluctuations and is considered to be riskier than ASBAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.