ANBAX vs. ABNDX
Compare and contrast key facts about American Funds Strategic Bond Fund (ANBAX) and American Funds The Bond Fund of America (ABNDX).
ANBAX is managed by American Funds. It was launched on Mar 18, 2016. ABNDX is managed by American Funds. It was launched on May 28, 1974.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ANBAX or ABNDX.
Key characteristics
| ANBAX | ABNDX | |
|---|---|---|
| YTD Return | 0.28% | 1.18% |
| 1Y Return | 4.46% | 6.29% |
| 3Y Return (Ann) | -3.89% | -2.69% |
| 5Y Return (Ann) | 0.89% | -0.62% |
| Sharpe Ratio | 0.98 | 1.27 |
| Sortino Ratio | 1.51 | 1.87 |
| Omega Ratio | 1.18 | 1.23 |
| Calmar Ratio | 0.36 | 0.44 |
| Martin Ratio | 2.89 | 4.32 |
| Ulcer Index | 2.11% | 1.77% |
| Daily Std Dev | 6.24% | 6.05% |
| Max Drawdown | -19.33% | -20.29% |
| Current Drawdown | -12.41% | -11.63% |
Correlation
The correlation between ANBAX and ABNDX is 0.87, 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.
Performance
ANBAX vs. ABNDX - Performance Comparison
In the year-to-date period, ANBAX achieves a 0.28% return, which is significantly lower than ABNDX's 1.18% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ANBAX vs. ABNDX - Expense Ratio Comparison
ANBAX has a 0.71% expense ratio, which is higher than ABNDX's 0.55% expense ratio.
Risk-Adjusted Performance
ANBAX vs. ABNDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Strategic Bond Fund (ANBAX) and American Funds The Bond Fund of America (ABNDX). 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
ANBAX vs. ABNDX - Dividend Comparison
ANBAX's dividend yield for the trailing twelve months is around 3.07%, less than ABNDX's 4.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ANBAX American Funds Strategic Bond Fund | 3.07% | 2.91% | 5.31% | 1.74% | 1.88% | 0.97% | 3.51% | 1.13% | 0.50% | 0.00% | 0.00% | 0.00% |
ABNDX American Funds The Bond Fund of America | 4.24% | 3.58% | 2.71% | 1.45% | 1.87% | 2.32% | 2.39% | 1.84% | 1.71% | 2.01% | 2.13% | 2.38% |
Drawdowns
ANBAX vs. ABNDX - Drawdown Comparison
The maximum ANBAX drawdown since its inception was -19.33%, roughly equal to the maximum ABNDX drawdown of -20.29%. Use the drawdown chart below to compare losses from any high point for ANBAX and ABNDX. For additional features, visit the drawdowns tool.
Volatility
ANBAX vs. ABNDX - Volatility Comparison
The current volatility for American Funds Strategic Bond Fund (ANBAX) is 1.41%, while American Funds The Bond Fund of America (ABNDX) has a volatility of 1.63%. This indicates that ANBAX experiences smaller price fluctuations and is considered to be less risky than ABNDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.