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.
Performance
ANBAX vs. LQD - Performance Comparison
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ANBAX vs. LQD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ANBAX American Funds Strategic Bond Fund | -0.81% | 7.18% | -0.61% | 1.52% | -12.74% | -1.13% | 18.10% | 7.83% | 0.28% | 2.97% |
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | -0.27% | 7.90% | 0.86% | 9.40% | -17.92% | -1.84% | 10.97% | 17.37% | -3.79% | 6.96% |
Returns By Period
In the year-to-date period, ANBAX achieves a -0.81% return, which is significantly lower than LQD's -0.27% return.
ANBAX
- 1D
- 0.22%
- 1M
- -2.07%
- YTD
- -0.81%
- 6M
- -0.28%
- 1Y
- 2.20%
- 3Y*
- 1.23%
- 5Y*
- -0.80%
- 10Y*
- —
LQD
- 1D
- 0.11%
- 1M
- -1.63%
- YTD
- -0.27%
- 6M
- -0.34%
- 1Y
- 4.61%
- 3Y*
- 4.30%
- 5Y*
- 0.11%
- 10Y*
- 2.63%
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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.
Return for Risk
ANBAX vs. LQD — Risk / Return Rank
ANBAX
LQD
ANBAX vs. LQD - Risk-Adjusted Trends 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.
| ANBAX | LQD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.55 | 0.70 | -0.15 |
Sortino ratioReturn per unit of downside risk | 0.78 | 0.99 | -0.21 |
Omega ratioGain probability vs. loss probability | 1.11 | 1.13 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 0.94 | 1.48 | -0.54 |
Martin ratioReturn relative to average drawdown | 3.30 | 4.06 | -0.76 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ANBAX | LQD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.55 | 0.70 | -0.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.13 | 0.01 | -0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.30 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.54 | -0.14 |
Correlation
The correlation between ANBAX and LQD is 0.73, 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.
Dividends
ANBAX vs. LQD - Dividend Comparison
ANBAX's dividend yield for the trailing twelve months is around 3.00%, less than LQD's 4.56% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ANBAX American Funds Strategic Bond Fund | 3.00% | 2.78% | 3.07% | 2.91% | 5.31% | 1.74% | 3.87% | 3.09% | 3.51% | 1.76% | 0.00% | 0.00% |
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 4.56% | 4.48% | 4.45% | 3.99% | 3.30% | 2.30% | 2.66% | 3.29% | 3.67% | 3.10% | 3.34% | 3.47% |
Drawdowns
ANBAX vs. LQD - Drawdown Comparison
The maximum ANBAX drawdown since its inception was -19.33%, 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.
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Drawdown Indicators
| ANBAX | LQD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.33% | -24.95% | +5.62% |
Max Drawdown (1Y)Largest decline over 1 year | -3.54% | -3.38% | -0.16% |
Max Drawdown (5Y)Largest decline over 5 years | -19.33% | -24.95% | +5.62% |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.95% | — |
Current DrawdownCurrent decline from peak | -7.70% | -4.42% | -3.28% |
Average DrawdownAverage peak-to-trough decline | -5.65% | -3.99% | -1.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.01% | 1.23% | -0.22% |
Volatility
ANBAX vs. LQD - Volatility Comparison
The current volatility for American Funds Strategic Bond Fund (ANBAX) is 1.93%, while iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) has a volatility of 2.66%. This indicates that ANBAX experiences smaller price fluctuations and is considered to be less risky than LQD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ANBAX | LQD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.93% | 2.66% | -0.73% |
Volatility (6M)Calculated over the trailing 6-month period | 2.65% | 3.76% | -1.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.68% | 6.60% | -1.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.28% | 8.65% | -2.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.43% | 8.67% | -3.24% |