ANBAX vs. DIA
Compare and contrast key facts about American Funds Strategic Bond Fund (ANBAX) and SPDR Dow Jones Industrial Average ETF (DIA).
ANBAX is managed by American Funds. It was launched on Mar 18, 2016. DIA is a passively managed fund by State Street that tracks the performance of the Dow Jones Industrial Average. It was launched on Jan 14, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ANBAX or DIA.
Key characteristics
| ANBAX | DIA | |
|---|---|---|
| YTD Return | 0.06% | 18.16% |
| 1Y Return | 5.88% | 30.16% |
| 3Y Return (Ann) | -3.96% | 8.80% |
| 5Y Return (Ann) | 0.79% | 11.73% |
| Sharpe Ratio | 0.96 | 2.76 |
| Sortino Ratio | 1.49 | 3.88 |
| Omega Ratio | 1.18 | 1.52 |
| Calmar Ratio | 0.34 | 5.02 |
| Martin Ratio | 2.86 | 15.89 |
| Ulcer Index | 2.10% | 1.91% |
| Daily Std Dev | 6.23% | 11.02% |
| Max Drawdown | -19.33% | -51.87% |
| Current Drawdown | -12.60% | -0.82% |
Correlation
The correlation between ANBAX and DIA is -0.15. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
ANBAX vs. DIA - Performance Comparison
In the year-to-date period, ANBAX achieves a 0.06% return, which is significantly lower than DIA's 18.16% 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. DIA - Expense Ratio Comparison
ANBAX has a 0.71% expense ratio, which is higher than DIA's 0.16% expense ratio.
Risk-Adjusted Performance
ANBAX vs. DIA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Strategic Bond Fund (ANBAX) and SPDR Dow Jones Industrial Average ETF (DIA). 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. DIA - Dividend Comparison
ANBAX's dividend yield for the trailing twelve months is around 3.08%, more than DIA's 1.57% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ANBAX American Funds Strategic Bond Fund | 3.08% | 2.91% | 5.31% | 1.74% | 1.88% | 0.97% | 3.51% | 1.13% | 0.50% | 0.00% | 0.00% | 0.00% |
DIA SPDR Dow Jones Industrial Average ETF | 1.57% | 1.81% | 1.91% | 1.58% | 1.87% | 2.09% | 2.24% | 1.97% | 2.26% | 2.33% | 2.02% | 2.08% |
Drawdowns
ANBAX vs. DIA - Drawdown Comparison
The maximum ANBAX drawdown since its inception was -19.33%, smaller than the maximum DIA drawdown of -51.87%. Use the drawdown chart below to compare losses from any high point for ANBAX and DIA. For additional features, visit the drawdowns tool.
Volatility
ANBAX vs. DIA - Volatility Comparison
The current volatility for American Funds Strategic Bond Fund (ANBAX) is 1.41%, while SPDR Dow Jones Industrial Average ETF (DIA) has a volatility of 4.59%. This indicates that ANBAX experiences smaller price fluctuations and is considered to be less risky than DIA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.