ANAZX vs. AGDAX
Compare and contrast key facts about AB Global Bond Fund Class Z (ANAZX) and AB High Income Fund (AGDAX).
ANAZX is managed by AllianceBernstein. It was launched on Oct 15, 2013. AGDAX is managed by AllianceBernstein. It was launched on Feb 25, 1994.
Performance
ANAZX vs. AGDAX - Performance Comparison
Loading graphics...
ANAZX vs. AGDAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
AGDAX AB High Income Fund | -1.36% | 8.06% | 7.36% | 13.63% | -12.45% | 3.87% | 2.91% | 13.71% | -5.29% | 7.94% |
Returns By Period
In the year-to-date period, ANAZX achieves a -0.85% return, which is significantly higher than AGDAX's -1.36% return. Over the past 10 years, ANAZX has underperformed AGDAX with an annualized return of 1.75%, while AGDAX has yielded a comparatively higher 4.65% annualized return.
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%
AGDAX
- 1D
- 0.44%
- 1M
- -1.85%
- YTD
- -1.36%
- 6M
- -0.10%
- 1Y
- 5.65%
- 3Y*
- 8.09%
- 5Y*
- 3.56%
- 10Y*
- 4.65%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ANAZX vs. AGDAX - Expense Ratio Comparison
ANAZX has a 0.52% expense ratio, which is lower than AGDAX's 0.84% expense ratio.
Return for Risk
ANAZX vs. AGDAX — Risk / Return Rank
ANAZX
AGDAX
ANAZX vs. AGDAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AB Global Bond Fund Class Z (ANAZX) and AB High Income Fund (AGDAX). 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.
| ANAZX | AGDAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.90 | 1.54 | -0.64 |
Sortino ratioReturn per unit of downside risk | 1.31 | 2.18 | -0.87 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.34 | -0.17 |
Calmar ratioReturn relative to maximum drawdown | 1.21 | 1.99 | -0.78 |
Martin ratioReturn relative to average drawdown | 4.88 | 8.03 | -3.15 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| ANAZX | AGDAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.90 | 1.54 | -0.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | 0.73 | -0.68 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | 0.83 | -0.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 0.87 | -0.21 |
Correlation
The correlation between ANAZX and AGDAX is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
ANAZX vs. AGDAX - Dividend Comparison
ANAZX's dividend yield for the trailing twelve months is around 3.73%, less than AGDAX's 6.33% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
AGDAX AB High Income Fund | 6.33% | 6.85% | 5.89% | 6.53% | 6.79% | 4.95% | 5.86% | 6.27% | 7.47% | 5.84% | 6.25% | 7.42% |
Drawdowns
ANAZX vs. AGDAX - Drawdown Comparison
The maximum ANAZX drawdown since its inception was -17.24%, smaller than the maximum AGDAX drawdown of -45.59%. Use the drawdown chart below to compare losses from any high point for ANAZX and AGDAX.
Loading graphics...
Drawdown Indicators
| ANAZX | AGDAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.24% | -45.59% | +28.35% |
Max Drawdown (1Y)Largest decline over 1 year | -3.13% | -3.17% | +0.04% |
Max Drawdown (5Y)Largest decline over 5 years | -17.24% | -16.96% | -0.28% |
Max Drawdown (10Y)Largest decline over 10 years | -17.24% | -25.82% | +8.58% |
Current DrawdownCurrent decline from peak | -2.56% | -2.19% | -0.37% |
Average DrawdownAverage peak-to-trough decline | -3.42% | -4.49% | +1.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.77% | 0.78% | -0.01% |
Volatility
ANAZX vs. AGDAX - Volatility Comparison
AB Global Bond Fund Class Z (ANAZX) has a higher volatility of 1.49% compared to AB High Income Fund (AGDAX) at 1.31%. This indicates that ANAZX's price experiences larger fluctuations and is considered to be riskier than AGDAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| ANAZX | AGDAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.49% | 1.31% | +0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 2.18% | 2.31% | -0.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.43% | 3.82% | -0.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.39% | 4.89% | -0.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.72% | 5.65% | -1.93% |