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BFFAX vs. ^GSPC
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between BFFAX and ^GSPC is -0.02. 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

BFFAX vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds The Bond Fund of America Class F-3 (BFFAX) and S&P 500 (^GSPC). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

BFFAX:

1.21

^GSPC:

0.62

Sortino Ratio

BFFAX:

1.52

^GSPC:

0.94

Omega Ratio

BFFAX:

1.18

^GSPC:

1.14

Calmar Ratio

BFFAX:

0.40

^GSPC:

0.61

Martin Ratio

BFFAX:

2.61

^GSPC:

2.29

Ulcer Index

BFFAX:

2.14%

^GSPC:

5.01%

Daily Std Dev

BFFAX:

5.38%

^GSPC:

19.79%

Max Drawdown

BFFAX:

-19.76%

^GSPC:

-56.78%

Current Drawdown

BFFAX:

-8.45%

^GSPC:

-3.78%

Returns By Period

In the year-to-date period, BFFAX achieves a 2.07% return, which is significantly higher than ^GSPC's 0.52% return.


BFFAX

YTD

2.07%

1M

-0.86%

6M

1.22%

1Y

6.44%

3Y*

1.27%

5Y*

-1.08%

10Y*

N/A

^GSPC

YTD

0.52%

1M

6.32%

6M

-1.44%

1Y

12.25%

3Y*

12.45%

5Y*

14.20%

10Y*

10.84%

*Annualized

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S&P 500

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

BFFAX vs. ^GSPC — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BFFAX
The Risk-Adjusted Performance Rank of BFFAX is 6666
Overall Rank
The Sharpe Ratio Rank of BFFAX is 8383
Sharpe Ratio Rank
The Sortino Ratio Rank of BFFAX is 7979
Sortino Ratio Rank
The Omega Ratio Rank of BFFAX is 7373
Omega Ratio Rank
The Calmar Ratio Rank of BFFAX is 3737
Calmar Ratio Rank
The Martin Ratio Rank of BFFAX is 5757
Martin Ratio Rank

^GSPC
The Risk-Adjusted Performance Rank of ^GSPC is 6666
Overall Rank
The Sharpe Ratio Rank of ^GSPC is 6969
Sharpe Ratio Rank
The Sortino Ratio Rank of ^GSPC is 6060
Sortino Ratio Rank
The Omega Ratio Rank of ^GSPC is 6565
Omega Ratio Rank
The Calmar Ratio Rank of ^GSPC is 6464
Calmar Ratio Rank
The Martin Ratio Rank of ^GSPC is 7070
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

BFFAX vs. ^GSPC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds The Bond Fund of America Class F-3 (BFFAX) and S&P 500 (^GSPC). 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.


The current BFFAX Sharpe Ratio is 1.21, which is higher than the ^GSPC Sharpe Ratio of 0.62. The chart below compares the historical Sharpe Ratios of BFFAX and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Drawdowns

BFFAX vs. ^GSPC - Drawdown Comparison

The maximum BFFAX drawdown since its inception was -19.76%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for BFFAX and ^GSPC.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

BFFAX vs. ^GSPC - Volatility Comparison

The current volatility for American Funds The Bond Fund of America Class F-3 (BFFAX) is 1.54%, while S&P 500 (^GSPC) has a volatility of 4.76%. This indicates that BFFAX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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