ANAGX vs. SPUS

Last updated Jun 4, 2026

ANAGX (AB Global Bond Fund) and SPUS (SP Funds S&P 500 Sharia Industry Exclusions ETF) are both funds - ANAGX is a Global Bonds fund managed by AllianceBernstein, while SPUS is a S&P 500 fund tracking the S&P 500 Shariah Industry Exclusions Index. Over the past 5 years, ANAGX returned -0.06%/yr vs 17.46%/yr for SPUS. At a 0.12 correlation, their price movements are largely independent. ANAGX charges 0.80%/yr vs 0.45%/yr for SPUS.

Performance

ANAGX vs. SPUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AB Global Bond Fund (ANAGX) and SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ANAGX achieves a 0.76% return, which is significantly lower than SPUS's 15.82% return.

ANAGX

• 1D: 0.14%
• 1M: 0.77%
• YTD: 0.76%
• 6M: 0.78%
• 1Y: 3.52%
• 3Y*: 3.90%
• 5Y*: -0.06%
• 10Y*: 1.38%

SPUS

• 1D: -0.86%
• 1M: 9.49%
• YTD: 15.82%
• 6M: 15.21%
• 1Y: 40.24%
• 3Y*: 24.89%
• 5Y*: 17.46%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ANAGX vs. SPUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
ANAGX AB Global Bond Fund	0.76%	4.97%	1.73%	6.53%	-12.41%	-2.49%	4.72%	0.16%
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF	15.82%	19.77%	26.49%	34.24%	-22.76%	35.92%	25.68%	0.81%

Correlation

The correlation between ANAGX and SPUS is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.13
Correlation (All Time) Calculated using the full available price history since Dec 19, 2019	0.12

The correlation between ANAGX and SPUS shifts across timeframes, from 0.12 (all time) to 0.25 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

ANAGX vs. SPUS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ANAGX

ANAGX Risk / Return Rank: 14
ANAGX Sharpe Ratio Rank: 14
ANAGX Sortino Ratio Rank: 15
ANAGX Omega Ratio Rank: 16
ANAGX Calmar Ratio Rank: 12
ANAGX Martin Ratio Rank: 12

SPUS

SPUS Risk / Return Rank: 81
SPUS Sharpe Ratio Rank: 85
SPUS Sortino Ratio Rank: 83
SPUS Omega Ratio Rank: 80
SPUS Calmar Ratio Rank: 74
SPUS Martin Ratio Rank: 81

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ANAGX vs. SPUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AB Global Bond Fund (ANAGX) and SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS). 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.

	ANAGX	SPUS	Difference
Sharpe ratio: Return per unit of total volatility	1.06	2.86	-1.80
Sortino ratio: Return per unit of downside risk	1.58	3.79	-2.21
Omega ratio: Gain probability vs. loss probability	1.21	1.49	-0.28
Calmar ratio: Return relative to maximum drawdown	1.13	3.79	-2.66
Martin ratio: Return relative to average drawdown	3.68	16.32	-12.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ANAGX vs. SPUS - Sharpe Ratio Comparison

The current ANAGX Sharpe Ratio is 1.06, which is lower than the SPUS Sharpe Ratio of 2.86. The chart below compares the historical Sharpe Ratios of ANAGX and SPUS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ANAGX	SPUS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.06	2.86	-1.80
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.01	0.91	-0.93
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.37	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.72	0.91	-0.20

Drawdowns

ANAGX vs. SPUS - Drawdown Comparison

The maximum ANAGX drawdown since its inception was -44.21%, which is greater than SPUS's maximum drawdown of -30.80%. Use the drawdown chart below to compare losses from any high point for ANAGX and SPUS.

Drawdown Indicators

	ANAGX	SPUS	Difference
Max Drawdown Largest peak-to-trough decline	-44.21%	-30.80%	-13.41%
Max Drawdown (1Y) Largest decline over 1 year	-3.12%	-10.66%	+7.54%
Max Drawdown (3Y) Largest decline over 3 years	-3.92%	-22.82%	+18.90%
Max Drawdown (5Y) Largest decline over 5 years	-17.60%	-28.06%	+10.46%
Max Drawdown (10Y) Largest decline over 10 years	-17.60%	—	—
Current Drawdown Current decline from peak	-2.28%	-0.86%	-1.42%
Average Drawdown Average peak-to-trough decline	-3.67%	-6.21%	+2.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.96%	2.47%	-1.51%

Volatility

ANAGX vs. SPUS - Volatility Comparison

The current volatility for AB Global Bond Fund (ANAGX) is 1.47%, while SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) has a volatility of 4.00%. This indicates that ANAGX experiences smaller price fluctuations and is considered to be less risky than SPUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ANAGX	SPUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.47%	4.00%	-2.53%
Volatility (6M) Calculated over the trailing 6-month period	2.81%	10.84%	-8.03%
Volatility (1Y) Calculated over the trailing 1-year period	3.34%	14.16%	-10.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.44%	19.23%	-14.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.74%	21.28%	-17.54%

ANAGX vs. SPUS - Expense Ratio Comparison

ANAGX has a 0.80% expense ratio, which is higher than SPUS's 0.45% expense ratio.

Dividends

ANAGX vs. SPUS - Dividend Comparison

ANAGX's dividend yield for the trailing twelve months is around 3.48%, more than SPUS's 0.52% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ANAGX AB Global Bond Fund	3.48%	3.40%	2.88%	2.87%	8.08%	2.37%	2.38%	3.22%	3.01%	2.23%	2.96%	3.69%
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF	0.52%	0.60%	0.70%	0.87%	1.21%	1.15%	1.04%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ANAGX and SPUS in my portfolio?

ANAGX and SPUS have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ANAGX or SPUS?

SPUS has higher volatility (4.00%) compared to ANAGX (1.47%). In terms of maximum drawdown, ANAGX dropped -44.21% vs SPUS's -30.80%.

Which has better risk-adjusted returns?

SPUS currently has the higher Sharpe Ratio (2.86 vs 1.06), 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.