ANBAX vs. NDARX
Compare and contrast key facts about American Funds Strategic Bond Fund (ANBAX) and American Funds Retirement Income Portfolio - Enhanced (NDARX).
ANBAX is managed by American Funds. It was launched on Mar 18, 2016. NDARX is managed by American Funds. It was launched on Aug 27, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ANBAX or NDARX.
Key characteristics
| ANBAX | NDARX | |
|---|---|---|
| YTD Return | 2.33% | 11.52% |
| 1Y Return | 5.15% | 18.03% |
| 3Y Return (Ann) | -3.45% | 4.63% |
| 5Y Return (Ann) | 1.28% | 7.93% |
| Sharpe Ratio | 0.79 | 2.31 |
| Daily Std Dev | 6.83% | 7.72% |
| Max Drawdown | -19.33% | -23.62% |
| Current Drawdown | -10.62% | 0.00% |
Correlation
The correlation between ANBAX and NDARX is 0.03, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ANBAX vs. NDARX - Performance Comparison
In the year-to-date period, ANBAX achieves a 2.33% return, which is significantly lower than NDARX's 11.52% 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. NDARX - Expense Ratio Comparison
ANBAX has a 0.71% expense ratio, which is higher than NDARX's 0.34% expense ratio.
Risk-Adjusted Performance
ANBAX vs. NDARX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Strategic Bond Fund (ANBAX) and American Funds Retirement Income Portfolio - Enhanced (NDARX). 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. NDARX - Dividend Comparison
ANBAX's dividend yield for the trailing twelve months is around 3.10%, which matches NDARX's 3.11% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
ANBAX American Funds Strategic Bond Fund | 3.10% | 2.91% | 5.31% | 1.74% | 3.87% | 3.09% | 3.49% | 2.06% | 1.42% | 0.00% |
NDARX American Funds Retirement Income Portfolio - Enhanced | 3.11% | 3.37% | 5.60% | 4.29% | 2.91% | 4.03% | 4.29% | 2.68% | 2.86% | 0.71% |
Drawdowns
ANBAX vs. NDARX - Drawdown Comparison
The maximum ANBAX drawdown since its inception was -19.33%, smaller than the maximum NDARX drawdown of -23.62%. Use the drawdown chart below to compare losses from any high point for ANBAX and NDARX. For additional features, visit the drawdowns tool.
Volatility
ANBAX vs. NDARX - Volatility Comparison
The current volatility for American Funds Strategic Bond Fund (ANBAX) is 1.97%, while American Funds Retirement Income Portfolio - Enhanced (NDARX) has a volatility of 2.89%. This indicates that ANBAX experiences smaller price fluctuations and is considered to be less risky than NDARX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.