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RBFFX vs. SSAFX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

RBFFX vs. SSAFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds The Bond Fund of America (RBFFX) and State Street Aggregate Bond Index Portfolio (SSAFX). The values are adjusted to include any dividend payments, if applicable.

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RBFFX vs. SSAFX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
RBFFX
American Funds The Bond Fund of America
-0.54%7.49%1.47%4.65%-13.03%-0.64%11.07%8.13%0.17%3.53%
SSAFX
State Street Aggregate Bond Index Portfolio
0.02%6.81%1.34%5.61%-13.30%-1.72%978.57%8.69%-0.12%3.38%

Returns By Period

In the year-to-date period, RBFFX achieves a -0.54% return, which is significantly lower than SSAFX's 0.02% return. Over the past 10 years, RBFFX has underperformed SSAFX with an annualized return of 2.04%, while SSAFX has yielded a comparatively higher 27.90% annualized return.


RBFFX

1D
0.27%
1M
-1.74%
YTD
-0.54%
6M
0.29%
1Y
3.67%
3Y*
3.34%
5Y*
0.14%
10Y*
2.04%

SSAFX

1D
0.20%
1M
-1.32%
YTD
0.02%
6M
0.78%
1Y
4.05%
3Y*
3.49%
5Y*
0.11%
10Y*
27.90%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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RBFFX vs. SSAFX - Expense Ratio Comparison

RBFFX has a 0.29% expense ratio, which is higher than SSAFX's 0.02% expense ratio.


Return for Risk

RBFFX vs. SSAFX — Risk / Return Rank

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

RBFFX
RBFFX Risk / Return Rank: 3636
Overall Rank
RBFFX Sharpe Ratio Rank: 3636
Sharpe Ratio Rank
RBFFX Sortino Ratio Rank: 3333
Sortino Ratio Rank
RBFFX Omega Ratio Rank: 2424
Omega Ratio Rank
RBFFX Calmar Ratio Rank: 5151
Calmar Ratio Rank
RBFFX Martin Ratio Rank: 3333
Martin Ratio Rank

SSAFX
SSAFX Risk / Return Rank: 5252
Overall Rank
SSAFX Sharpe Ratio Rank: 5252
Sharpe Ratio Rank
SSAFX Sortino Ratio Rank: 5050
Sortino Ratio Rank
SSAFX Omega Ratio Rank: 3737
Omega Ratio Rank
SSAFX Calmar Ratio Rank: 7373
Calmar Ratio Rank
SSAFX Martin Ratio Rank: 4747
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RBFFX vs. SSAFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds The Bond Fund of America (RBFFX) and State Street Aggregate Bond Index Portfolio (SSAFX). 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.


RBFFXSSAFXDifference

Sharpe ratio

Return per unit of total volatility

0.91

1.04

-0.13

Sortino ratio

Return per unit of downside risk

1.31

1.49

-0.18

Omega ratio

Gain probability vs. loss probability

1.16

1.18

-0.02

Calmar ratio

Return relative to maximum drawdown

1.54

1.81

-0.27

Martin ratio

Return relative to average drawdown

4.42

4.96

-0.55

RBFFX vs. SSAFX - Sharpe Ratio Comparison

The current RBFFX Sharpe Ratio is 0.91, which is comparable to the SSAFX Sharpe Ratio of 1.04. The chart below compares the historical Sharpe Ratios of RBFFX and SSAFX, 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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Sharpe Ratios by Period


RBFFXSSAFXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.91

1.04

-0.13

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.02

0.02

+0.01

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.42

0.10

+0.32

Sharpe Ratio (All Time)

Calculated using the full available price history

0.82

0.09

+0.72

Correlation

The correlation between RBFFX and SSAFX is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

RBFFX vs. SSAFX - Dividend Comparison

RBFFX's dividend yield for the trailing twelve months is around 4.07%, more than SSAFX's 3.74% yield.


TTM20252024202320222021202020192018201720162015
RBFFX
American Funds The Bond Fund of America
4.07%4.43%4.61%3.53%2.42%2.31%5.34%3.76%2.67%2.14%2.07%2.30%
SSAFX
State Street Aggregate Bond Index Portfolio
3.74%3.70%3.76%3.16%2.49%1.90%2.41%2.88%2.82%2.42%2.21%3.21%

Drawdowns

RBFFX vs. SSAFX - Drawdown Comparison

The maximum RBFFX drawdown since its inception was -17.62%, smaller than the maximum SSAFX drawdown of -18.74%. Use the drawdown chart below to compare losses from any high point for RBFFX and SSAFX.


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Drawdown Indicators


RBFFXSSAFXDifference

Max Drawdown

Largest peak-to-trough decline

-17.62%

-18.74%

+1.12%

Max Drawdown (1Y)

Largest decline over 1 year

-2.94%

-2.52%

-0.42%

Max Drawdown (5Y)

Largest decline over 5 years

-17.62%

-18.10%

+0.48%

Max Drawdown (10Y)

Largest decline over 10 years

-17.62%

-18.74%

+1.12%

Current Drawdown

Current decline from peak

-2.25%

-3.00%

+0.75%

Average Drawdown

Average peak-to-trough decline

-2.82%

-4.44%

+1.62%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.03%

0.92%

+0.11%

Volatility

RBFFX vs. SSAFX - Volatility Comparison

The current volatility for American Funds The Bond Fund of America (RBFFX) is 1.49%, while State Street Aggregate Bond Index Portfolio (SSAFX) has a volatility of 1.59%. This indicates that RBFFX experiences smaller price fluctuations and is considered to be less risky than SSAFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


RBFFXSSAFXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.49%

1.59%

-0.10%

Volatility (6M)

Calculated over the trailing 6-month period

2.49%

2.50%

-0.01%

Volatility (1Y)

Calculated over the trailing 1-year period

4.40%

4.20%

+0.20%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.92%

5.93%

-0.01%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.88%

277.46%

-272.58%