ANBAX vs. AHITX
Compare and contrast key facts about American Funds Strategic Bond Fund (ANBAX) and American Funds American High-Income Trust (AHITX).
ANBAX is managed by American Funds. It was launched on Mar 18, 2016. AHITX is managed by American Funds. It was launched on Feb 19, 1988.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ANBAX or AHITX.
Correlation
The correlation between ANBAX and AHITX is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ANBAX vs. AHITX - Performance Comparison
Key characteristics
ANBAX:
0.14
AHITX:
3.20
ANBAX:
0.24
AHITX:
5.21
ANBAX:
1.03
AHITX:
1.72
ANBAX:
0.05
AHITX:
5.81
ANBAX:
0.28
AHITX:
19.88
ANBAX:
2.83%
AHITX:
0.55%
ANBAX:
5.64%
AHITX:
3.42%
ANBAX:
-20.46%
AHITX:
-34.28%
ANBAX:
-14.21%
AHITX:
-0.06%
Returns By Period
In the year-to-date period, ANBAX achieves a 0.22% return, which is significantly lower than AHITX's 0.92% return.
ANBAX
0.22%
0.56%
-0.31%
0.48%
0.01%
N/A
AHITX
0.92%
1.37%
5.08%
10.69%
5.42%
5.16%
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ANBAX vs. AHITX - Expense Ratio Comparison
ANBAX has a 0.71% expense ratio, which is higher than AHITX's 0.69% expense ratio.
Risk-Adjusted Performance
ANBAX vs. AHITX — Risk-Adjusted Performance Rank
ANBAX
AHITX
ANBAX vs. AHITX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Strategic Bond Fund (ANBAX) and American Funds American High-Income Trust (AHITX). 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. AHITX - Dividend Comparison
ANBAX's dividend yield for the trailing twelve months is around 3.06%, less than AHITX's 6.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ANBAX American Funds Strategic Bond Fund | 3.06% | 3.07% | 2.91% | 5.31% | 1.74% | 1.88% | 0.97% | 3.51% | 1.13% | 0.50% | 0.00% | 0.00% |
AHITX American Funds American High-Income Trust | 6.19% | 6.25% | 6.43% | 5.52% | 4.28% | 5.81% | 6.19% | 6.31% | 5.47% | 5.60% | 6.95% | 6.37% |
Drawdowns
ANBAX vs. AHITX - Drawdown Comparison
The maximum ANBAX drawdown since its inception was -20.46%, smaller than the maximum AHITX drawdown of -34.28%. Use the drawdown chart below to compare losses from any high point for ANBAX and AHITX. For additional features, visit the drawdowns tool.
Volatility
ANBAX vs. AHITX - Volatility Comparison
American Funds Strategic Bond Fund (ANBAX) has a higher volatility of 1.66% compared to American Funds American High-Income Trust (AHITX) at 1.05%. This indicates that ANBAX's price experiences larger fluctuations and is considered to be riskier than AHITX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.