ANBAX vs. SGOV
Compare and contrast key facts about American Funds Strategic Bond Fund (ANBAX) and iShares 0-3 Month Treasury Bond ETF (SGOV).
ANBAX is managed by American Funds. It was launched on Mar 18, 2016. SGOV is a passively managed fund by iShares that tracks the performance of the ICE 0-3 Month US Treasury Bill Index. It was launched on May 26, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ANBAX or SGOV.
Correlation
The correlation between ANBAX and SGOV is 0.01, 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. SGOV - Performance Comparison
Key characteristics
ANBAX:
-0.18
SGOV:
21.80
ANBAX:
-0.21
SGOV:
517.08
ANBAX:
0.97
SGOV:
518.08
ANBAX:
-0.06
SGOV:
530.63
ANBAX:
-0.43
SGOV:
8,423.53
ANBAX:
2.46%
SGOV:
0.00%
ANBAX:
5.77%
SGOV:
0.24%
ANBAX:
-19.33%
SGOV:
-0.03%
ANBAX:
-13.85%
SGOV:
0.00%
Returns By Period
In the year-to-date period, ANBAX achieves a -1.38% return, which is significantly lower than SGOV's 5.15% return.
ANBAX
-1.38%
-1.43%
0.02%
-0.95%
0.46%
N/A
SGOV
5.15%
0.39%
2.53%
5.25%
N/A
N/A
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ANBAX vs. SGOV - Expense Ratio Comparison
ANBAX has a 0.71% expense ratio, which is higher than SGOV's 0.03% expense ratio.
Risk-Adjusted Performance
ANBAX vs. SGOV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Strategic Bond Fund (ANBAX) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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. SGOV - Dividend Comparison
ANBAX's dividend yield for the trailing twelve months is around 2.29%, less than SGOV's 5.11% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
ANBAX American Funds Strategic Bond Fund | 2.29% | 2.91% | 5.31% | 1.74% | 1.88% | 0.97% | 3.51% | 1.13% | 0.50% |
SGOV iShares 0-3 Month Treasury Bond ETF | 5.11% | 4.87% | 1.45% | 0.03% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ANBAX vs. SGOV - Drawdown Comparison
The maximum ANBAX drawdown since its inception was -19.33%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for ANBAX and SGOV. For additional features, visit the drawdowns tool.
Volatility
ANBAX vs. SGOV - Volatility Comparison
American Funds Strategic Bond Fund (ANBAX) has a higher volatility of 2.16% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.06%. This indicates that ANBAX's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.