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American Funds New Perspective Fund Class A (ANWPX) Sharpe Ratio: 1.39

Mutual Fund · Currency in USD · Last updated Jun 24, 2026

The fund seeks long-term growth of capital by investing primarily in multinational companies around the world that may benefit from evolving global trade patterns and have strong growth prospects.

ANWPX's Sharpe Ratio of 1.39 indicates that for each unit of volatility, it generates 1.39 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 24, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

ANWPX Sharpe Ratio Rank

ANWPX Sharpe Ratio Rank: 27.527
Below Average

ANWPX ranks above 27.5% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

ANWPX Sharpe Ratio Market Positioning

The chart shows ANWPX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 1.30 or lower
  • Yellow zone (middle 50%): 1.30 to 2.33
  • Green zone (top 25%): 2.33 or higher
  • Top 1%: 4.28+
  • Median: 1.93 — half of all investments score higher

How it compares to other similar mutual funds

The table compares American Funds New Perspective Fund Class A's Sharpe Ratio with other mutual funds in the Global Equities, Large Cap Growth Equities, Actively Managed category across multiple time periods, showing how ANWPX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 24, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
FELAXFidelity Advisor Semiconductors Fund Class A4.58
VPCCXVanguard PRIMECAP Core Fund3.81
POGRXPrimeCap Odyssey Growth Fund3.60
VPMCXVanguard PRIMECAP Fund Investor Shares3.59
LVAGXLSV Global Value Fund3.37
PGVFXPolaris Global Value Fund3.35
ONERXOne Rock Fund3.24
VHCAXVanguard Capital Opportunity Fund Admiral Shares3.17
VGPMXVanguard Global Capital Cycles Fund3.15
EPSYXMainStay Epoch Global Equity Yield Fund3.12
ANWPXAmerican Funds New Perspective Fund Class A1.39

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows ANWPX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when ANWPX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does ANWPX fit in your portfolio?

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