BFCAX vs. FFHCX
Compare and contrast key facts about American Funds Corporate Bond Fund (BFCAX) and Fidelity Series Floating Rate High Income Fund (FFHCX).
BFCAX is managed by American Funds. It was launched on Dec 14, 2012. FFHCX is managed by Fidelity. It was launched on Oct 20, 2011.
Performance
BFCAX vs. FFHCX - Performance Comparison
Loading graphics...
BFCAX vs. FFHCX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BFCAX American Funds Corporate Bond Fund | -1.02% | 6.67% | 1.71% | 6.85% | -16.51% | -2.15% | 13.05% | 13.21% | -2.50% | 5.61% |
FFHCX Fidelity Series Floating Rate High Income Fund | -0.54% | 6.02% | 8.49% | 13.19% | -1.55% | 5.66% | 2.54% | 9.42% | 1.36% | 4.69% |
Returns By Period
In the year-to-date period, BFCAX achieves a -1.02% return, which is significantly lower than FFHCX's -0.54% return.
BFCAX
- 1D
- 0.53%
- 1M
- -2.59%
- YTD
- -1.02%
- 6M
- -0.52%
- 1Y
- 3.25%
- 3Y*
- 3.38%
- 5Y*
- -0.25%
- 10Y*
- —
FFHCX
- 1D
- -0.12%
- 1M
- 0.12%
- YTD
- -0.54%
- 6M
- 0.95%
- 1Y
- 5.16%
- 3Y*
- 7.87%
- 5Y*
- 5.83%
- 10Y*
- 5.78%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BFCAX vs. FFHCX - Expense Ratio Comparison
BFCAX has a 0.70% expense ratio, which is higher than FFHCX's 0.00% expense ratio.
Return for Risk
BFCAX vs. FFHCX — Risk / Return Rank
BFCAX
FFHCX
BFCAX vs. FFHCX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Corporate Bond Fund (BFCAX) and Fidelity Series Floating Rate High Income Fund (FFHCX). 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.
| BFCAX | FFHCX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.80 | 1.65 | -0.85 |
Sortino ratioReturn per unit of downside risk | 1.14 | 2.45 | -1.30 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.58 | -0.44 |
Calmar ratioReturn relative to maximum drawdown | 1.42 | 2.04 | -0.63 |
Martin ratioReturn relative to average drawdown | 4.34 | 10.03 | -5.69 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| BFCAX | FFHCX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.80 | 1.65 | -0.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.04 | 1.92 | -1.96 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.40 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 1.36 | -0.97 |
Correlation
The correlation between BFCAX and FFHCX is 0.16, 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.
Dividends
BFCAX vs. FFHCX - Dividend Comparison
BFCAX's dividend yield for the trailing twelve months is around 3.88%, less than FFHCX's 7.31% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BFCAX American Funds Corporate Bond Fund | 3.88% | 4.20% | 4.06% | 2.82% | 1.95% | 1.50% | 4.43% | 3.44% | 2.63% | 2.68% | 0.00% | 0.00% |
FFHCX Fidelity Series Floating Rate High Income Fund | 7.31% | 8.11% | 8.46% | 9.47% | 3.83% | 3.64% | 4.61% | 5.92% | 6.68% | 4.80% | 5.16% | 4.37% |
Drawdowns
BFCAX vs. FFHCX - Drawdown Comparison
The maximum BFCAX drawdown since its inception was -23.01%, which is greater than FFHCX's maximum drawdown of -21.45%. Use the drawdown chart below to compare losses from any high point for BFCAX and FFHCX.
Loading graphics...
Drawdown Indicators
| BFCAX | FFHCX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.01% | -21.45% | -1.56% |
Max Drawdown (1Y)Largest decline over 1 year | -3.11% | -2.71% | -0.40% |
Max Drawdown (5Y)Largest decline over 5 years | -22.55% | -5.81% | -16.74% |
Max Drawdown (10Y)Largest decline over 10 years | — | -21.45% | — |
Current DrawdownCurrent decline from peak | -6.25% | -0.73% | -5.52% |
Average DrawdownAverage peak-to-trough decline | -6.48% | -0.94% | -5.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.02% | 0.55% | +0.47% |
Volatility
BFCAX vs. FFHCX - Volatility Comparison
American Funds Corporate Bond Fund (BFCAX) has a higher volatility of 1.89% compared to Fidelity Series Floating Rate High Income Fund (FFHCX) at 0.68%. This indicates that BFCAX's price experiences larger fluctuations and is considered to be riskier than FFHCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| BFCAX | FFHCX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.89% | 0.68% | +1.21% |
Volatility (6M)Calculated over the trailing 6-month period | 2.94% | 1.85% | +1.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.85% | 3.45% | +1.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.69% | 3.06% | +3.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.01% | 4.15% | +1.86% |