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 | 2.33% | 3.59% |
| 1Y Return | 5.15% | 5.43% |
| 3Y Return (Ann) | -3.45% | 3.44% |
| Sharpe Ratio | 0.79 | 22.69 |
| Daily Std Dev | 6.83% | 0.24% |
| Max Drawdown | -19.33% | -0.03% |
| Current Drawdown | -10.62% | 0.00% |
Correlation
The correlation between ANBAX and SGOV is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
ANBAX vs. SGOV - Performance Comparison
In the year-to-date period, ANBAX achieves a 2.33% return, which is significantly lower than SGOV's 3.59% 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 3.10%, less than SGOV's 5.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
ANBAX American Funds Strategic Bond Fund | 3.10% | 2.91% | 5.31% | 1.74% | 3.87% | 3.09% | 3.49% | 2.06% | 1.42% |
SGOV iShares 0-3 Month Treasury Bond ETF | 5.21% | 4.87% | 1.45% | 0.03% | 0.05% | 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 1.97% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.07%. 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.