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ANBAX vs. ABNDX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


-0.50.00.51.00.9

Performance

ANBAX vs. ABNDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds Strategic Bond Fund (ANBAX) and American Funds The Bond Fund of America (ABNDX). The values are adjusted to include any dividend payments, if applicable.

-1.00%0.00%1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
-0.31%
0.72%
ANBAX
ABNDX

Key characteristics

Sharpe Ratio

ANBAX:

-0.22

ABNDX:

0.16

Sortino Ratio

ANBAX:

-0.26

ABNDX:

0.25

Omega Ratio

ANBAX:

0.97

ABNDX:

1.03

Calmar Ratio

ANBAX:

-0.08

ABNDX:

0.05

Martin Ratio

ANBAX:

-0.51

ABNDX:

0.42

Ulcer Index

ANBAX:

2.51%

ABNDX:

2.10%

Daily Std Dev

ANBAX:

5.79%

ABNDX:

5.61%

Max Drawdown

ANBAX:

-19.33%

ABNDX:

-20.29%

Current Drawdown

ANBAX:

-14.14%

ABNDX:

-12.42%

Returns By Period

In the year-to-date period, ANBAX achieves a -1.71% return, which is significantly lower than ABNDX's 0.28% return.


ANBAX

YTD

-1.71%

1M

-1.65%

6M

-0.32%

1Y

-1.28%

5Y*

0.37%

10Y*

N/A

ABNDX

YTD

0.28%

1M

-0.80%

6M

0.72%

1Y

0.87%

5Y*

-0.86%

10Y*

0.98%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


ANBAX vs. ABNDX - Expense Ratio Comparison

ANBAX has a 0.71% expense ratio, which is higher than ABNDX's 0.55% expense ratio.


ANBAX
American Funds Strategic Bond Fund
Expense ratio chart for ANBAX: current value at 0.71% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.71%
Expense ratio chart for ABNDX: current value at 0.55% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.55%

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.


Sharpe ratio
The chart of Sharpe ratio for ANBAX, currently valued at -0.22, compared to the broader market-1.000.001.002.003.004.00-0.220.16
The chart of Sortino ratio for ANBAX, currently valued at -0.26, compared to the broader market-2.000.002.004.006.008.0010.00-0.260.25
The chart of Omega ratio for ANBAX, currently valued at 0.97, compared to the broader market0.501.001.502.002.503.003.500.971.03
The chart of Calmar ratio for ANBAX, currently valued at -0.08, compared to the broader market0.002.004.006.008.0010.0012.0014.00-0.080.05
The chart of Martin ratio for ANBAX, currently valued at -0.51, compared to the broader market0.0020.0040.0060.00-0.510.42
ANBAX
ABNDX

The current ANBAX Sharpe Ratio is -0.22, which is lower than the ABNDX Sharpe Ratio of 0.16. The chart below compares the historical Sharpe Ratios of ANBAX and ABNDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
-0.22
0.16
ANBAX
ABNDX

Dividends

ANBAX vs. ABNDX - Dividend Comparison

ANBAX's dividend yield for the trailing twelve months is around 2.30%, less than ABNDX's 3.94% yield.


TTM20232022202120202019201820172016201520142013
ANBAX
American Funds Strategic Bond Fund
2.30%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
3.94%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.


-15.00%-14.00%-13.00%-12.00%-11.00%-10.00%-9.00%-8.00%JulyAugustSeptemberOctoberNovemberDecember
-14.14%
-12.42%
ANBAX
ABNDX

Volatility

ANBAX vs. ABNDX - Volatility Comparison

American Funds Strategic Bond Fund (ANBAX) has a higher volatility of 2.20% compared to American Funds The Bond Fund of America (ABNDX) at 1.51%. This indicates that ANBAX's price experiences larger fluctuations and is considered to be riskier than ABNDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.80%1.00%1.20%1.40%1.60%1.80%2.00%2.20%JulyAugustSeptemberOctoberNovemberDecember
2.20%
1.51%
ANBAX
ABNDX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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