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.
Key characteristics
| BFCAX | SPY | |
|---|---|---|
| YTD Return | 1.88% | 26.83% |
| 1Y Return | 8.89% | 34.88% |
| 3Y Return (Ann) | -2.60% | 10.16% |
| 5Y Return (Ann) | -0.20% | 15.71% |
| Sharpe Ratio | 1.34 | 3.08 |
| Sortino Ratio | 1.97 | 4.10 |
| Omega Ratio | 1.24 | 1.58 |
| Calmar Ratio | 0.43 | 4.46 |
| Martin Ratio | 5.05 | 20.22 |
| Ulcer Index | 1.64% | 1.85% |
| Daily Std Dev | 6.18% | 12.18% |
| Max Drawdown | -24.55% | -55.19% |
| Current Drawdown | -12.33% | -0.26% |
Correlation
The correlation between BFCAX and SPY is 0.03, 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
In the year-to-date period, BFCAX achieves a 1.88% return, which is significantly lower than SPY's 26.83% 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. 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 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 3.96%, more than SPY's 1.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.17% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
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 1.94%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.76%. 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.