TFBYX vs. DHEIX
Compare and contrast key facts about American Beacon TwentyFour Sustainable Short Term Bond Fund (TFBYX) and Diamond Hill Short Duration Securitized Bond Fund Class I (DHEIX).
TFBYX is managed by American Beacon. It was launched on Feb 18, 2020. DHEIX is a passively managed fund by Diamond Hill that tracks the performance of the Bloomberg US 1-3 Yr. Gov./Credit Index. It was launched on Jul 5, 2016.
Performance
TFBYX vs. DHEIX - Performance Comparison
Loading graphics...
TFBYX vs. DHEIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
TFBYX American Beacon TwentyFour Sustainable Short Term Bond Fund | -0.38% | 5.58% | 5.81% | 7.22% | -3.86% | 0.70% | 2.74% |
DHEIX Diamond Hill Short Duration Securitized Bond Fund Class I | 0.82% | 6.06% | 9.33% | 8.91% | -3.38% | 2.74% | 2.26% |
Returns By Period
In the year-to-date period, TFBYX achieves a -0.38% return, which is significantly lower than DHEIX's 0.82% return.
TFBYX
- 1D
- 0.11%
- 1M
- -1.11%
- YTD
- -0.38%
- 6M
- 0.74%
- 1Y
- 3.95%
- 3Y*
- 5.58%
- 5Y*
- 2.85%
- 10Y*
- —
DHEIX
- 1D
- 0.00%
- 1M
- -0.17%
- YTD
- 0.82%
- 6M
- 1.65%
- 1Y
- 5.26%
- 3Y*
- 7.69%
- 5Y*
- 4.48%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TFBYX vs. DHEIX - Expense Ratio Comparison
TFBYX has a 0.57% expense ratio, which is higher than DHEIX's 0.53% expense ratio.
Return for Risk
TFBYX vs. DHEIX — Risk / Return Rank
TFBYX
DHEIX
TFBYX vs. DHEIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Beacon TwentyFour Sustainable Short Term Bond Fund (TFBYX) and Diamond Hill Short Duration Securitized Bond Fund Class I (DHEIX). 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.
| TFBYX | DHEIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.61 | 4.60 | -1.99 |
Sortino ratioReturn per unit of downside risk | 3.71 | 8.07 | -4.36 |
Omega ratioGain probability vs. loss probability | 1.73 | 2.53 | -0.80 |
Calmar ratioReturn relative to maximum drawdown | 2.52 | 10.53 | -8.01 |
Martin ratioReturn relative to average drawdown | 11.52 | 39.35 | -27.83 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| TFBYX | DHEIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.61 | 4.60 | -1.99 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.85 | 2.96 | -1.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.75 | 1.87 | -0.12 |
Correlation
The correlation between TFBYX and DHEIX is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
TFBYX vs. DHEIX - Dividend Comparison
TFBYX's dividend yield for the trailing twelve months is around 3.56%, less than DHEIX's 5.98% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TFBYX American Beacon TwentyFour Sustainable Short Term Bond Fund | 3.56% | 3.84% | 3.79% | 3.73% | 12.53% | 3.07% | 2.17% | 0.00% | 0.00% | 0.00% |
DHEIX Diamond Hill Short Duration Securitized Bond Fund Class I | 5.98% | 5.51% | 6.21% | 5.52% | 3.72% | 2.62% | 3.22% | 4.05% | 3.74% | 3.45% |
Drawdowns
TFBYX vs. DHEIX - Drawdown Comparison
The maximum TFBYX drawdown since its inception was -7.41%, smaller than the maximum DHEIX drawdown of -12.33%. Use the drawdown chart below to compare losses from any high point for TFBYX and DHEIX.
Loading graphics...
Drawdown Indicators
| TFBYX | DHEIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.41% | -12.33% | +4.92% |
Max Drawdown (1Y)Largest decline over 1 year | -1.60% | -0.50% | -1.10% |
Max Drawdown (5Y)Largest decline over 5 years | -7.41% | -4.87% | -2.54% |
Current DrawdownCurrent decline from peak | -1.38% | -0.27% | -1.11% |
Average DrawdownAverage peak-to-trough decline | -1.17% | -0.77% | -0.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.35% | 0.13% | +0.22% |
Volatility
TFBYX vs. DHEIX - Volatility Comparison
American Beacon TwentyFour Sustainable Short Term Bond Fund (TFBYX) has a higher volatility of 0.94% compared to Diamond Hill Short Duration Securitized Bond Fund Class I (DHEIX) at 0.36%. This indicates that TFBYX's price experiences larger fluctuations and is considered to be riskier than DHEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| TFBYX | DHEIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.94% | 0.36% | +0.58% |
Volatility (6M)Calculated over the trailing 6-month period | 1.27% | 0.72% | +0.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.55% | 1.15% | +0.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.55% | 1.52% | +0.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.63% | 2.28% | -0.65% |