American Funds New Perspective Fund Class R-6 (RNPGX) belongs to the Global Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with RNPGX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RNPGX
RNPGX charges 0.42% annually. There are 23 mutual funds in the Global Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Global Equity Allocation Fund | 0.01% | — | Nov 1996 | RNPGX vs GMGEX | |
| GMO Global Developed Equity Allocation Fund | 0.01% | — | Jun 2005 | RNPGX vs GWOAX | |
| State Street Global All Cap Equity ex-U.S. Index F... | 0.07% | — | Sep 2014 | RNPGX vs SSGLX | |
| Vanguard Total World Stock Index Fund Admiral Shar... | 0.09% | 95.30B | Feb 2019 | RNPGX vs VTWAX | |
| USAA Cornerstone Equity Fund | 0.09% | — | Jun 2012 | RNPGX vs UCEQX |
Best Risk-Adjusted Alternatives to RNPGX
RNPGX has a PortfoliosLab risk / return rank of 29. There are 160 mutual funds in the Global Equities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| LSV Global Value Fund | 95 | — | Jun 2014 | RNPGX vs LVAGX | |
| Polaris Global Value Fund | 93 | — | May 1998 | RNPGX vs PGVFX | |
| MainStay Epoch Global Equity Yield Fund | 92 | — | Dec 2005 | RNPGX vs EPSYX | |
| GMO Global Equity Allocation Fund | 91 | — | Nov 1996 | RNPGX vs GMGEX | |
| John Hancock Global Shareholder Yield Fund | 91 | — | Feb 2007 | RNPGX vs JGYIX |
Top Performing RNPGX Alternatives (YTD)
RNPGX is at 6.61% YTD. There are 171 mutual funds in the Global Equities category with higher YTD returns, going as high as 42.58%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| T. Rowe Price Global Technology Fund I Class | 42.58% | — | Nov 2016 | RNPGX vs PGTIX | |
| Oberweis Global Opportunities Fund | 31.52% | — | Jan 1987 | RNPGX vs OBEGX | |
| Ariel Global Fund | 26.71% | — | Dec 2011 | RNPGX vs AGLOX | |
| T. Rowe Price Global Stock Fund | 24.54% | — | Dec 1995 | RNPGX vs PRGSX | |
| Fidelity Advisor Worldwide Fund Class Z | 24.23% | — | Oct 2018 | RNPGX vs FIQOX |
Lowest Volatility Alternatives to RNPGX
RNPGX has 14.33% 1-year volatility. There are 142 mutual funds in the Global Equities category with lower 1-year volatility, going as low as 7.03%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Global Minimum Volatility Fund Investor S... | 7.03% | 2.00B | Dec 2013 | RNPGX vs VMVFX | |
| Vanguard Global Minimum Volatility Fund Admiral Sh... | 7.05% | 2.00B | Dec 2013 | RNPGX vs VMNVX | |
| SEI Institutional Managed Trust Global Managed Vol... | 7.20% | — | Jul 2006 | RNPGX vs SVTAX | |
| MFS Global Total Return Fund Class I | 7.57% | — | Sep 1990 | RNPGX vs MFWIX | |
| SEI Institutional Investments Trust Global Managed... | 7.69% | — | Jan 2016 | RNPGX vs SGMAX |
Lowest Drawdown Alternatives to RNPGX
RNPGX has a 1-year max drawdown of -11.44%. There are 150 mutual funds in the Global Equities category with shallower 1-year drawdowns, going as shallow as -5.21%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Russell Investment Tax-Managed Real Assets Fund | -5.21% | — | Jun 2019 | RNPGX vs RTXAX | |
| LSV Global Managed Volatility Fund | -5.76% | — | Jun 2014 | RNPGX vs LVAFX | |
| SEI Institutional Investments Trust Global Managed... | -5.88% | — | Jan 2016 | RNPGX vs SGMAX | |
| Cohen & Steers Global Infrastructure Fund Class A | -5.99% | — | Aug 2017 | RNPGX vs CSUAX | |
| SEI Institutional Managed Trust Global Managed Vol... | -5.99% | — | Jul 2006 | RNPGX vs SVTAX |
Other Mutual Funds from American Funds
The 10 most viewed American Funds mutual funds shown here include ABALX, AIVSX, AWSHX and span 7 categories.
Often Compared With RNPGX
Investors most often compare RNPGX with FSPSX, SPY, VOO. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare RNPGX with Any Fund or Stock
Compare RNPGX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RNPGX with funds that move differently
American Funds New Perspective Fund Class R-6 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RNPGX.
Explore RNPGX Diversifiers