TFBYX vs. ABNDX
Compare and contrast key facts about American Beacon TwentyFour Sustainable Short Term Bond Fund (TFBYX) and American Funds The Bond Fund of America (ABNDX).
TFBYX is managed by American Beacon. It was launched on Feb 18, 2020. ABNDX 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: TFBYX or ABNDX.
Performance
TFBYX vs. ABNDX - Performance Comparison
Returns By Period
In the year-to-date period, TFBYX achieves a 5.21% return, which is significantly higher than ABNDX's 1.09% return.
TFBYX
5.21%
0.00%
3.47%
7.06%
N/A
N/A
ABNDX
1.09%
-0.87%
3.19%
5.91%
-0.69%
1.06%
Key characteristics
| TFBYX | ABNDX | |
|---|---|---|
| Sharpe Ratio | 5.20 | 1.01 |
| Sortino Ratio | 9.34 | 1.48 |
| Omega Ratio | 2.50 | 1.18 |
| Calmar Ratio | 15.43 | 0.35 |
| Martin Ratio | 55.26 | 3.17 |
| Ulcer Index | 0.13% | 1.86% |
| Daily Std Dev | 1.36% | 5.86% |
| Max Drawdown | -7.40% | -20.29% |
| Current Drawdown | -0.12% | -11.71% |
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TFBYX vs. ABNDX - Expense Ratio Comparison
TFBYX has a 0.57% expense ratio, which is higher than ABNDX's 0.55% expense ratio.
Correlation
The correlation between TFBYX and ABNDX is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
TFBYX vs. ABNDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Beacon TwentyFour Sustainable Short Term Bond Fund (TFBYX) and American Funds The Bond Fund of America (ABNDX). 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
TFBYX vs. ABNDX - Dividend Comparison
TFBYX's dividend yield for the trailing twelve months is around 3.90%, less than ABNDX's 4.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TFBYX American Beacon TwentyFour Sustainable Short Term Bond Fund | 3.90% | 3.73% | 12.54% | 3.05% | 2.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ABNDX American Funds The Bond Fund of America | 4.24% | 3.58% | 2.71% | 1.45% | 1.87% | 2.32% | 2.39% | 1.84% | 1.71% | 2.01% | 2.13% | 2.38% |
Drawdowns
TFBYX vs. ABNDX - Drawdown Comparison
The maximum TFBYX drawdown since its inception was -7.40%, smaller than the maximum ABNDX drawdown of -20.29%. Use the drawdown chart below to compare losses from any high point for TFBYX and ABNDX. For additional features, visit the drawdowns tool.
Volatility
TFBYX vs. ABNDX - Volatility Comparison
The current volatility for American Beacon TwentyFour Sustainable Short Term Bond Fund (TFBYX) is 0.35%, while American Funds The Bond Fund of America (ABNDX) has a volatility of 1.43%. This indicates that TFBYX experiences smaller price fluctuations and is considered to be less risky than ABNDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.