BFCAX vs. NDARX
Compare and contrast key facts about American Funds Corporate Bond Fund (BFCAX) and American Funds Retirement Income Portfolio - Enhanced (NDARX).
BFCAX is managed by American Funds. It was launched on Dec 14, 2012. 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: BFCAX or NDARX.
Key characteristics
| BFCAX | NDARX | |
|---|---|---|
| YTD Return | 1.88% | 12.78% |
| 1Y Return | 8.29% | 19.98% |
| 3Y Return (Ann) | -2.80% | 4.41% |
| 5Y Return (Ann) | -0.20% | 7.34% |
| Sharpe Ratio | 1.54 | 3.01 |
| Sortino Ratio | 2.30 | 4.34 |
| Omega Ratio | 1.28 | 1.59 |
| Calmar Ratio | 0.50 | 3.44 |
| Martin Ratio | 5.98 | 21.79 |
| Ulcer Index | 1.63% | 1.01% |
| Daily Std Dev | 6.31% | 7.30% |
| Max Drawdown | -24.55% | -23.62% |
| Current Drawdown | -12.33% | -1.06% |
Correlation
The correlation between BFCAX and NDARX is 0.17, 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
BFCAX vs. NDARX - Performance Comparison
In the year-to-date period, BFCAX achieves a 1.88% return, which is significantly lower than NDARX's 12.78% 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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BFCAX vs. NDARX - Expense Ratio Comparison
BFCAX has a 0.70% expense ratio, which is higher than NDARX's 0.34% expense ratio.
Risk-Adjusted Performance
BFCAX vs. NDARX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Corporate Bond Fund (BFCAX) 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
BFCAX vs. NDARX - Dividend Comparison
BFCAX's dividend yield for the trailing twelve months is around 3.96%, more than NDARX's 2.88% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
BFCAX American Funds Corporate Bond Fund | 3.96% | 3.38% | 2.61% | 1.49% | 1.74% | 2.48% | 2.64% | 2.23% | 0.81% | 0.00% |
NDARX American Funds Retirement Income Portfolio - Enhanced | 2.88% | 3.03% | 2.93% | 2.25% | 2.59% | 2.61% | 2.88% | 2.39% | 2.50% | 0.71% |
Drawdowns
BFCAX vs. NDARX - Drawdown Comparison
The maximum BFCAX drawdown since its inception was -24.55%, roughly equal to the maximum NDARX drawdown of -23.62%. Use the drawdown chart below to compare losses from any high point for BFCAX and NDARX. For additional features, visit the drawdowns tool.
Volatility
BFCAX vs. NDARX - Volatility Comparison
American Funds Corporate Bond Fund (BFCAX) and American Funds Retirement Income Portfolio - Enhanced (NDARX) have volatilities of 1.95% and 1.88%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.