TAUSX vs. BFFAX
Compare and contrast key facts about John Hancock Investment Grade Bond Fund (TAUSX) and American Funds The Bond Fund of America Class F-3 (BFFAX).
TAUSX is managed by John Hancock. It was launched on Dec 31, 1991. BFFAX is managed by American Funds. It was launched on May 28, 1974.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TAUSX or BFFAX.
Key characteristics
| TAUSX | BFFAX | |
|---|---|---|
| YTD Return | 5.42% | 5.10% |
| 1Y Return | 10.94% | 10.81% |
| 3Y Return (Ann) | -1.81% | -1.38% |
| 5Y Return (Ann) | 0.61% | 1.19% |
| Sharpe Ratio | 1.64 | 1.65 |
| Daily Std Dev | 6.74% | 6.60% |
| Max Drawdown | -19.54% | -17.39% |
| Current Drawdown | -5.86% | -4.43% |
Correlation
The correlation between TAUSX and BFFAX is 0.96, 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.
Performance
TAUSX vs. BFFAX - Performance Comparison
In the year-to-date period, TAUSX achieves a 5.42% return, which is significantly higher than BFFAX's 5.10% 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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TAUSX vs. BFFAX - Expense Ratio Comparison
TAUSX has a 0.74% expense ratio, which is higher than BFFAX's 0.20% expense ratio.
Risk-Adjusted Performance
TAUSX vs. BFFAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Investment Grade Bond Fund (TAUSX) and American Funds The Bond Fund of America Class F-3 (BFFAX). 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
TAUSX vs. BFFAX - Dividend Comparison
TAUSX's dividend yield for the trailing twelve months is around 3.70%, less than BFFAX's 4.34% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TAUSX John Hancock Investment Grade Bond Fund | 3.70% | 3.59% | 2.97% | 2.42% | 3.38% | 2.82% | 2.84% | 2.66% | 2.74% | 2.88% | 3.26% | 4.19% |
BFFAX American Funds The Bond Fund of America Class F-3 | 4.34% | 3.94% | 3.09% | 1.79% | 5.38% | 2.66% | 2.72% | 2.01% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
TAUSX vs. BFFAX - Drawdown Comparison
The maximum TAUSX drawdown since its inception was -19.54%, which is greater than BFFAX's maximum drawdown of -17.39%. Use the drawdown chart below to compare losses from any high point for TAUSX and BFFAX. For additional features, visit the drawdowns tool.
Volatility
TAUSX vs. BFFAX - Volatility Comparison
The current volatility for John Hancock Investment Grade Bond Fund (TAUSX) is 0.99%, while American Funds The Bond Fund of America Class F-3 (BFFAX) has a volatility of 1.06%. This indicates that TAUSX experiences smaller price fluctuations and is considered to be less risky than BFFAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.