BFCAX vs. SPY
Compare and contrast key facts about American Funds Corporate Bond Fund (BFCAX) and SPDR S&P 500 ETF (SPY).
BFCAX is managed by American Funds. It was launched on Dec 14, 2012. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BFCAX or SPY.
Correlation
The correlation between BFCAX and SPY is 0.04, 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. SPY - Performance Comparison
Key characteristics
BFCAX:
1.08
SPY:
0.54
BFCAX:
1.60
SPY:
0.89
BFCAX:
1.19
SPY:
1.13
BFCAX:
0.37
SPY:
0.58
BFCAX:
2.84
SPY:
2.39
BFCAX:
2.23%
SPY:
4.51%
BFCAX:
5.88%
SPY:
20.07%
BFCAX:
-24.55%
SPY:
-55.19%
BFCAX:
-11.46%
SPY:
-10.54%
Returns By Period
In the year-to-date period, BFCAX achieves a 1.18% return, which is significantly higher than SPY's -6.44% return.
BFCAX
1.18%
-0.48%
0.29%
6.45%
-1.11%
N/A
SPY
-6.44%
-5.00%
-5.02%
9.54%
15.80%
11.95%
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BFCAX vs. SPY - Expense Ratio Comparison
BFCAX has a 0.70% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
BFCAX vs. SPY — Risk-Adjusted Performance Rank
BFCAX
SPY
BFCAX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Corporate Bond Fund (BFCAX) and SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
BFCAX's dividend yield for the trailing twelve months is around 4.12%, more than SPY's 1.31% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BFCAX American Funds Corporate Bond Fund | 4.12% | 4.04% | 3.38% | 2.61% | 1.49% | 1.74% | 2.48% | 2.64% | 2.23% | 0.81% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.31% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
BFCAX vs. SPY - Drawdown Comparison
The maximum BFCAX drawdown since its inception was -24.55%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BFCAX and SPY. For additional features, visit the drawdowns tool.
Volatility
BFCAX vs. SPY - Volatility Comparison
The current volatility for American Funds Corporate Bond Fund (BFCAX) is 2.37%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.13%. This indicates that BFCAX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.