CWBFX vs. ANCFX
Compare and contrast key facts about American Funds Capital World Bond Fund (CWBFX) and American Funds Fundamental Investors Class A (ANCFX).
CWBFX is managed by American Funds. It was launched on Aug 3, 1987. ANCFX is managed by American Funds. It was launched on Jan 8, 1978.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CWBFX or ANCFX.
Key characteristics
| CWBFX | ANCFX | |
|---|---|---|
| YTD Return | -3.62% | 11.35% |
| 1Y Return | -0.67% | 31.49% |
| 3Y Return (Ann) | -6.30% | 8.82% |
| 5Y Return (Ann) | -1.70% | 13.35% |
| 10Y Return (Ann) | -0.49% | 11.94% |
| Sharpe Ratio | -0.18 | 2.59 |
| Daily Std Dev | 6.71% | 12.14% |
| Max Drawdown | -27.91% | -52.56% |
| Current Drawdown | -20.45% | -0.21% |
Correlation
The correlation between CWBFX and ANCFX is 0.09, 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
CWBFX vs. ANCFX - Performance Comparison
In the year-to-date period, CWBFX achieves a -3.62% return, which is significantly lower than ANCFX's 11.35% return. Over the past 10 years, CWBFX has underperformed ANCFX with an annualized return of -0.49%, while ANCFX has yielded a comparatively higher 11.94% annualized 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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CWBFX vs. ANCFX - Expense Ratio Comparison
CWBFX has a 0.95% expense ratio, which is higher than ANCFX's 0.59% expense ratio.
Risk-Adjusted Performance
CWBFX vs. ANCFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Capital World Bond Fund (CWBFX) and American Funds Fundamental Investors Class A (ANCFX). 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
CWBFX vs. ANCFX - Dividend Comparison
CWBFX's dividend yield for the trailing twelve months is around 2.70%, less than ANCFX's 5.22% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CWBFX American Funds Capital World Bond Fund | 2.70% | 2.47% | 1.99% | 2.63% | 3.18% | 2.26% | 2.15% | 1.80% | 2.04% | 0.58% | 3.27% | 2.33% |
ANCFX American Funds Fundamental Investors Class A | 5.22% | 5.80% | 4.98% | 10.97% | 2.61% | 7.34% | 10.96% | 7.68% | 4.66% | 6.28% | 9.83% | 3.46% |
Drawdowns
CWBFX vs. ANCFX - Drawdown Comparison
The maximum CWBFX drawdown since its inception was -27.91%, smaller than the maximum ANCFX drawdown of -52.56%. Use the drawdown chart below to compare losses from any high point for CWBFX and ANCFX. For additional features, visit the drawdowns tool.
Volatility
CWBFX vs. ANCFX - Volatility Comparison
The current volatility for American Funds Capital World Bond Fund (CWBFX) is 1.67%, while American Funds Fundamental Investors Class A (ANCFX) has a volatility of 3.83%. This indicates that CWBFX experiences smaller price fluctuations and is considered to be less risky than ANCFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.