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.
Key characteristics
| ANBAX | SGOV | |
|---|---|---|
| YTD Return | 0.06% | 4.62% |
| 1Y Return | 5.88% | 5.38% |
| 3Y Return (Ann) | -3.96% | 3.78% |
| Sharpe Ratio | 0.96 | 21.93 |
| Sortino Ratio | 1.49 | 527.74 |
| Omega Ratio | 1.18 | 528.74 |
| Calmar Ratio | 0.34 | 541.76 |
| Martin Ratio | 2.86 | 8,600.11 |
| Ulcer Index | 2.10% | 0.00% |
| Daily Std Dev | 6.23% | 0.25% |
| Max Drawdown | -19.33% | -0.03% |
| Current Drawdown | -12.60% | 0.00% |
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
In the year-to-date period, ANBAX achieves a 0.06% return, which is significantly lower than SGOV's 4.62% 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. 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 3.08%, less than SGOV's 5.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
ANBAX American Funds Strategic Bond Fund | 3.08% | 2.91% | 5.31% | 1.74% | 1.88% | 0.97% | 3.51% | 1.13% | 0.50% |
SGOV iShares 0-3 Month Treasury Bond ETF | 5.24% | 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 1.41% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.08%. 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.