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:
0.68
LQD:
0.71
ANBAX:
1.03
LQD:
1.05
ANBAX:
1.12
LQD:
1.12
ANBAX:
0.21
LQD:
0.31
ANBAX:
1.46
LQD:
1.94
ANBAX:
2.56%
LQD:
2.51%
ANBAX:
5.45%
LQD:
6.83%
ANBAX:
-20.46%
LQD:
-24.95%
ANBAX:
-12.59%
LQD:
-9.67%
Returns By Period
In the year-to-date period, ANBAX achieves a 2.12% return, which is significantly higher than LQD's 1.69% return.
ANBAX
2.12%
2.12%
-1.23%
3.96%
0.02%
N/A
LQD
1.69%
1.62%
-1.40%
4.66%
-0.57%
2.18%
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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 3.01%, 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 | 3.01% | 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) and iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) have volatilities of 1.65% and 1.73%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.