ANBAX vs. LQD
Compare and contrast key facts about American Funds Strategic Bond Fund (ANBAX) and iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD).
ANBAX is managed by American Funds. It was launched on Mar 18, 2016. LQD is a passively managed fund by iShares that tracks the performance of the iBoxx $ Liquid Investment Grade Index. It was launched on Jul 26, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ANBAX or LQD.
Correlation
The correlation between ANBAX and LQD is 0.72, 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. LQD - Performance Comparison
Key characteristics
ANBAX:
1.22
LQD:
0.86
ANBAX:
1.86
LQD:
1.26
ANBAX:
1.23
LQD:
1.15
ANBAX:
0.39
LQD:
0.37
ANBAX:
2.68
LQD:
2.30
ANBAX:
2.54%
LQD:
2.55%
ANBAX:
5.56%
LQD:
6.82%
ANBAX:
-20.46%
LQD:
-24.95%
ANBAX:
-10.19%
LQD:
-8.53%
Returns By Period
In the year-to-date period, ANBAX achieves a 4.92% return, which is significantly higher than LQD's 2.97% return.
ANBAX
4.92%
1.74%
1.65%
6.45%
-0.51%
N/A
LQD
2.97%
0.34%
-0.31%
5.74%
1.27%
2.25%
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ANBAX vs. LQD - Expense Ratio Comparison
ANBAX has a 0.71% expense ratio, which is higher than LQD's 0.15% expense ratio.
Risk-Adjusted Performance
ANBAX vs. LQD — Risk-Adjusted Performance Rank
ANBAX
LQD
ANBAX vs. LQD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Strategic Bond Fund (ANBAX) and iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD). 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. LQD - Dividend Comparison
ANBAX's dividend yield for the trailing twelve months is around 3.06%, less than LQD's 4.39% 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% |
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 4.39% | 4.45% | 3.99% | 3.30% | 2.30% | 2.66% | 3.29% | 3.67% | 3.10% | 3.34% | 3.47% | 3.39% |
Drawdowns
ANBAX vs. LQD - Drawdown Comparison
The maximum ANBAX drawdown since its inception was -20.46%, smaller than the maximum LQD drawdown of -24.95%. Use the drawdown chart below to compare losses from any high point for ANBAX and LQD. For additional features, visit the drawdowns tool.
Volatility
ANBAX vs. LQD - Volatility Comparison
American Funds Strategic Bond Fund (ANBAX) has a higher volatility of 1.68% compared to iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) at 1.52%. This indicates that ANBAX's price experiences larger fluctuations and is considered to be riskier than LQD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.