ANBAX vs. EINFX
ANBAX (American Funds Strategic Bond Fund) and EINFX (Elfun Income Fund) are both Intermediate Core-Plus Bond funds. Over the past 5 years, ANBAX returned -1.26%/yr vs -0.78%/yr for EINFX. Their correlation of 0.82 suggests significant overlap in exposure. ANBAX charges 0.71%/yr vs 0.29%/yr for EINFX.
Performance
ANBAX vs. EINFX - Performance Comparison
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Returns By Period
In the year-to-date period, ANBAX achieves a -1.52% return, which is significantly lower than EINFX's -0.27% return.
ANBAX
- 1D
- -0.33%
- 1M
- 0.16%
- YTD
- -1.52%
- 6M
- -1.31%
- 1Y
- 1.69%
- 3Y*
- 1.98%
- 5Y*
- -1.26%
- 10Y*
- —
EINFX
- 1D
- -0.31%
- 1M
- 0.67%
- YTD
- -0.27%
- 6M
- 0.15%
- 1Y
- 3.89%
- 3Y*
- 2.91%
- 5Y*
- -0.78%
- 10Y*
- 1.30%
ANBAX vs. EINFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ANBAX American Funds Strategic Bond Fund | -1.52% | 7.18% | -0.61% | 1.52% | -12.74% | -1.13% | 18.10% | 7.83% | 0.28% | 2.97% |
EINFX Elfun Income Fund | -0.27% | 7.35% | -0.73% | 4.75% | -13.82% | -1.57% | 7.81% | 9.51% | -0.86% | 3.91% |
Correlation
The correlation between ANBAX and EINFX is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.85 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.88 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.87 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017 | 0.82 |
The correlation between ANBAX and EINFX has been stable across timeframes, ranging from 0.82 to 0.88 - a consistent structural relationship.
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Return for Risk
ANBAX vs. EINFX — Risk / Return Rank
ANBAX
EINFX
ANBAX vs. EINFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Strategic Bond Fund (ANBAX) and Elfun Income Fund (EINFX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ANBAX | EINFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.51 | ||
| Sortino ratioReturn per unit of downside risk | -0.77 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.17 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.49 | 1.21 | -0.73 |
| Martin ratioReturn relative to average drawdown | 1.31 | 3.40 | -2.09 |
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Drawdowns
ANBAX vs. EINFX - Drawdown Comparison
The maximum ANBAX drawdown since its inception was -19.33%, roughly equal to the maximum EINFX drawdown of -19.78%. Use the drawdown chart below to compare losses from any high point for ANBAX and EINFX.
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Drawdown Indicators
| ANBAX | EINFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.33% | -19.78% | +0.45% |
Max Drawdown (1Y)Largest decline over 1 year | -3.96% | -3.40% | -0.56% |
Max Drawdown (3Y)Largest decline over 3 years | -7.21% | -8.10% | +0.89% |
Max Drawdown (5Y)Largest decline over 5 years | -19.33% | -19.78% | +0.45% |
Max Drawdown (10Y)Largest decline over 10 years | — | -19.78% | — |
Current DrawdownCurrent decline from peak | -8.37% | -5.55% | -2.82% |
Average DrawdownAverage peak-to-trough decline | -5.70% | -3.58% | -2.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.47% | 1.21% | +0.26% |
Volatility
ANBAX vs. EINFX - Volatility Comparison
American Funds Strategic Bond Fund (ANBAX) has a higher volatility of 1.35% compared to Elfun Income Fund (EINFX) at 1.20%. This indicates that ANBAX's price experiences larger fluctuations and is considered to be riskier than EINFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ANBAX | EINFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.35% | 1.20% | +0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 3.20% | 3.01% | +0.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.01% | 4.17% | -0.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.33% | 6.51% | -0.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.41% | 5.24% | +0.17% |
ANBAX vs. EINFX - Expense Ratio Comparison
ANBAX has a 0.71% expense ratio, which is higher than EINFX's 0.29% expense ratio.
Dividends
ANBAX vs. EINFX - Dividend Comparison
ANBAX's dividend yield for the trailing twelve months is around 4.11%, more than EINFX's 3.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ANBAX American Funds Strategic Bond Fund | 4.11% | 2.78% | 3.07% | 2.91% | 5.31% | 1.74% | 3.87% | 3.09% | 3.51% | 1.76% | 0.00% | 0.00% |
EINFX Elfun Income Fund | 3.86% | 3.84% | 3.04% | 2.76% | 4.09% | 3.31% | 3.15% | 2.78% | 2.88% | 2.42% | 3.34% | 2.87% |
Frequently Asked Questions
ANBAX and EINFX have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ANBAX has higher volatility (1.35%) compared to EINFX (1.20%). In terms of maximum drawdown, ANBAX dropped -19.33% vs EINFX's -19.78%.
EINFX currently has the higher Sharpe Ratio (0.99 vs 0.48), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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