SMTRX vs. ACGYX

Last updated Jun 4, 2026

SMTRX (ALPS/Smith Total Return Bond Fund) and ACGYX (AB Income Fund) are both Intermediate Core-Plus Bond funds. Their correlation of 0.87 suggests significant overlap in exposure. SMTRX charges 0.99%/yr vs 0.54%/yr for ACGYX.

Performance

SMTRX vs. ACGYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ALPS/Smith Total Return Bond Fund (SMTRX) and AB Income Fund (ACGYX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SMTRX

• 1D: 0.10%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ACGYX

• 1D: 0.16%
• 1M: 0.57%
• YTD: 0.63%
• 6M: 0.71%
• 1Y: 5.83%
• 3Y*: 4.91%
• 5Y*: -0.05%
• 10Y*: 2.23%

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

SMTRX vs. ACGYX - Yearly Performance Comparison

	2026 (YTD)
SMTRX ALPS/Smith Total Return Bond Fund	0.10%
ACGYX AB Income Fund	0.41%

Correlation

The correlation between SMTRX and ACGYX is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	0.87

Return for Risk

SMTRX vs. ACGYX — Risk / Return Rank

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

ACGYX

ACGYX Risk / Return Rank: 23
ACGYX Sharpe Ratio Rank: 23
ACGYX Sortino Ratio Rank: 23
ACGYX Omega Ratio Rank: 23
ACGYX Calmar Ratio Rank: 24
ACGYX Martin Ratio Rank: 23

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.

SMTRX vs. ACGYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ALPS/Smith Total Return Bond Fund (SMTRX) and AB Income Fund (ACGYX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	SMTRX	ACGYX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.36	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.01	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.41	—
Sharpe Ratio (All Time) Calculated using the full available price history	5.86	0.42	+5.44

Drawdowns

SMTRX vs. ACGYX - Drawdown Comparison

The maximum SMTRX drawdown since its inception was -0.10%, smaller than the maximum ACGYX drawdown of -21.58%. Use the drawdown chart below to compare losses from any high point for SMTRX and ACGYX.

Drawdown Indicators

	SMTRX	ACGYX	Difference
Max Drawdown Largest peak-to-trough decline	-0.10%	-21.58%	+21.48%
Max Drawdown (1Y) Largest decline over 1 year	—	-3.36%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-6.70%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.58%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-21.58%	—
Current Drawdown Current decline from peak	0.00%	-2.19%	+2.19%
Average Drawdown Average peak-to-trough decline	-0.03%	-5.41%	+5.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.04%	—

Volatility

Volatility by Period

	SMTRX	ACGYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.70%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.32%	—
Volatility (1Y) Calculated over the trailing 1-year period	1.90%	4.44%	-2.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.90%	6.50%	-4.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.90%	5.47%	-3.57%

SMTRX vs. ACGYX - Expense Ratio Comparison

SMTRX has a 0.99% expense ratio, which is higher than ACGYX's 0.54% expense ratio.

Dividends

SMTRX vs. ACGYX - Dividend Comparison

SMTRX's dividend yield for the trailing twelve months is around 0.36%, less than ACGYX's 4.92% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
ACGYX AB Income Fund	4.92%	5.02%	5.38%	4.04%	3.99%	2.95%	3.80%	4.50%	4.54%	5.84%	3.23%
SMTRX ALPS/Smith Total Return Bond Fund	0.36%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SMTRX and ACGYX in my portfolio?

SMTRX and ACGYX have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.