QDIBX vs. ABNFX

Last updated Aug 1, 2026

QDIBX (Fisher Investments Institutional Group Fixed Income Fund for Retirement Plans) and ABNFX (American Funds The Bond Fund of America® Class F-2) are both Intermediate Core Bond funds. Over the past 5 years, QDIBX returned -0.32%/yr vs -0.56%/yr for ABNFX. Their correlation of 0.90 means they have usually moved in the same direction. QDIBX charges 0.03%/yr vs 0.34%/yr for ABNFX.

Performance

QDIBX vs. ABNFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fisher Investments Institutional Group Fixed Income Fund for Retirement Plans (QDIBX) and American Funds The Bond Fund of America® Class F-2 (ABNFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QDIBX achieves a -0.45% return, which is significantly higher than ABNFX's -0.96% return.

QDIBX

• 1D: -0.11%
• 1M: -0.56%
• 6M: -0.45%
• YTD: -0.45%
• 1Y: 2.00%
• 3Y*: 4.24%
• 5Y*: -0.32%
• 10Y*: —
• ALL TIME*: 0.94%

ABNFX

• 1D: 0.00%
• 1M: -1.25%
• 6M: -1.22%
• YTD: -0.96%
• 1Y: 1.57%
• 3Y*: 3.62%
• 5Y*: -0.56%
• 10Y*: 1.66%
• ALL TIME*: 2.77%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ABNFX American Funds The Bond Fund of America® Class F-2	$0.00	$0.00	$0.00
QDIBX Fisher Investments Institutional Group Fixed Income Fund for Retirement Plans	$0.00	$0.00	$0.00

QDIBX vs. ABNFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
QDIBX Fisher Investments Institutional Group Fixed Income Fund for Retirement Plans	-0.45%	7.72%	1.66%	6.71%	-14.11%	-0.17%	6.77%	-0.10%
ABNFX American Funds The Bond Fund of America® Class F-2	-0.96%	7.42%	1.42%	4.29%	-13.08%	-0.88%	10.86%	0.28%

Correlation

The correlation between QDIBX and ABNFX is 0.89, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.89
Correlation (3Y) Balances recent behavior with more history.	0.93
Correlation (5Y) Shows whether the relationship held over a longer period.	0.94
Correlation (All Time) Calculated using the full available price history since Dec 13, 2019	0.90

The correlation between QDIBX and ABNFX has been stable across timeframes, ranging from 0.89 to 0.94 - a consistent structural relationship.

Return for Risk

QDIBX vs. ABNFX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

QDIBX

QDIBX Risk / Return Rank: 22
QDIBX Sharpe Ratio Rank: 24
QDIBX Sortino Ratio Rank: 24
QDIBX Omega Ratio Rank: 22
QDIBX Calmar Ratio Rank: 21
QDIBX Martin Ratio Rank: 18

ABNFX

ABNFX Risk / Return Rank: 20
ABNFX Sharpe Ratio Rank: 22
ABNFX Sortino Ratio Rank: 21
ABNFX Omega Ratio Rank: 20
ABNFX Calmar Ratio Rank: 20
ABNFX Martin Ratio Rank: 17

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

QDIBX vs. ABNFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fisher Investments Institutional Group Fixed Income Fund for Retirement Plans (QDIBX) and American Funds The Bond Fund of America® Class F-2 (ABNFX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	QDIBX	ABNFX	Difference
Sharpe ratio: Return per unit of total volatility	0.83	0.76	+0.08
Sortino ratio: Return per unit of downside risk	1.25	1.13	+0.12
Omega ratio: Gain probability vs. loss probability	1.15	1.13	+0.01
Calmar ratio: Return relative to maximum drawdown	1.02	0.93	+0.10
Martin ratio: Return relative to average drawdown	2.49	2.27	+0.22

QDIBX vs. ABNFX - Sharpe Ratio Comparison

The current QDIBX Sharpe Ratio is 0.83, which is comparable to the ABNFX Sharpe Ratio of 0.76. The chart below compares the historical Sharpe Ratios of QDIBX and ABNFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

QDIBX vs. ABNFX - Drawdown Comparison

The maximum QDIBX drawdown since its inception was -19.63%, which is greater than ABNFX's maximum drawdown of -17.69%. Use the drawdown chart below to compare losses from any high point for QDIBX and ABNFX.

Drawdown Indicators

	QDIBX	ABNFX	Difference
Max Drawdown Largest peak-to-trough decline	-19.63%	-17.69%	-1.94%
Max Drawdown (1Y) Largest decline over 1 year	-2.97%	-3.09%	+0.12%
Max Drawdown (3Y) Largest decline over 3 years	-5.37%	-5.11%	-0.26%
Max Drawdown (5Y) Largest decline over 5 years	-19.63%	-17.65%	-1.98%
Max Drawdown (10Y) Largest decline over 10 years	—	-17.69%	—
Current Drawdown Current decline from peak	-2.20%	-3.05%	+0.85%
Average Drawdown Average peak-to-trough decline	-6.28%	-3.28%	-3.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.22%	1.26%	-0.04%

Volatility

QDIBX vs. ABNFX - Volatility Comparison

The current volatility for Fisher Investments Institutional Group Fixed Income Fund for Retirement Plans (QDIBX) is 0.82%, while American Funds The Bond Fund of America® Class F-2 (ABNFX) has a volatility of 0.95%. This indicates that QDIBX experiences smaller price fluctuations and is considered to be less risky than ABNFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QDIBX	ABNFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.82%	0.95%	-0.13%
Volatility (6M) Calculated over the trailing 6-month period	2.75%	3.02%	-0.27%
Volatility (1Y) Calculated over the trailing 1-year period	3.67%	3.81%	-0.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.59%	5.97%	+0.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.21%	4.90%	+1.31%

QDIBX vs. ABNFX - Expense Ratio Comparison

QDIBX has a 0.03% expense ratio, which is lower than ABNFX's 0.34% expense ratio.

Dividends

QDIBX vs. ABNFX - Dividend Comparison

QDIBX's dividend yield for the trailing twelve months is around 3.51%, less than ABNFX's 4.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ABNFX American Funds The Bond Fund of America® Class F-2	4.06%	4.37%	4.55%	3.19%	2.37%	2.07%	5.15%	3.72%	2.65%	2.10%	2.31%	2.24%
QDIBX Fisher Investments Institutional Group Fixed Income Fund for Retirement Plans	3.51%	3.50%	3.55%	3.65%	2.51%	1.80%	3.25%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QDIBX and ABNFX in my portfolio?

QDIBX and ABNFX have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QDIBX or ABNFX?

ABNFX has higher volatility (0.95%) compared to QDIBX (0.82%). In terms of maximum drawdown, QDIBX dropped -19.63% vs ABNFX's -17.69%.

Which has better risk-adjusted returns?

QDIBX currently has the higher Sharpe Ratio (0.83 vs 0.76), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.