AALTX vs. ANWPX
Compare and contrast key facts about American Funds 2050 Target Date Retirement Fund (AALTX) and American Funds New Perspective Fund Class A (ANWPX).
AALTX is managed by American Funds. It was launched on Jan 31, 2007. ANWPX is managed by American Funds. It was launched on Mar 13, 1973.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AALTX or ANWPX.
Key characteristics
| AALTX | ANWPX | |
|---|---|---|
| YTD Return | 15.47% | 16.87% |
| 1Y Return | 27.30% | 29.00% |
| 3Y Return (Ann) | 3.75% | 1.67% |
| 5Y Return (Ann) | 10.45% | 12.40% |
| 10Y Return (Ann) | 9.43% | 11.37% |
| Sharpe Ratio | 2.53 | 2.34 |
| Sortino Ratio | 3.50 | 3.21 |
| Omega Ratio | 1.47 | 1.43 |
| Calmar Ratio | 2.11 | 1.56 |
| Martin Ratio | 16.88 | 15.01 |
| Ulcer Index | 1.61% | 1.95% |
| Daily Std Dev | 10.74% | 12.53% |
| Max Drawdown | -48.76% | -50.43% |
| Current Drawdown | -1.69% | -1.79% |
Correlation
The correlation between AALTX and ANWPX 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
AALTX vs. ANWPX - Performance Comparison
In the year-to-date period, AALTX achieves a 15.47% return, which is significantly lower than ANWPX's 16.87% return. Over the past 10 years, AALTX has underperformed ANWPX with an annualized return of 9.43%, while ANWPX has yielded a comparatively higher 11.37% annualized 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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AALTX vs. ANWPX - Expense Ratio Comparison
AALTX has a 0.33% expense ratio, which is lower than ANWPX's 0.72% expense ratio.
Risk-Adjusted Performance
AALTX vs. ANWPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds 2050 Target Date Retirement Fund (AALTX) and American Funds New Perspective Fund Class A (ANWPX). 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
AALTX vs. ANWPX - Dividend Comparison
AALTX's dividend yield for the trailing twelve months is around 1.11%, less than ANWPX's 4.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AALTX American Funds 2050 Target Date Retirement Fund | 1.11% | 1.28% | 0.74% | 0.73% | 0.63% | 0.86% | 0.94% | 0.79% | 0.92% | 0.65% | 4.70% | 3.18% |
ANWPX American Funds New Perspective Fund Class A | 4.58% | 5.36% | 4.16% | 7.01% | 4.13% | 3.67% | 7.59% | 5.50% | 3.86% | 6.14% | 7.58% | 6.26% |
Drawdowns
AALTX vs. ANWPX - Drawdown Comparison
The maximum AALTX drawdown since its inception was -48.76%, roughly equal to the maximum ANWPX drawdown of -50.43%. Use the drawdown chart below to compare losses from any high point for AALTX and ANWPX. For additional features, visit the drawdowns tool.
Volatility
AALTX vs. ANWPX - Volatility Comparison
The current volatility for American Funds 2050 Target Date Retirement Fund (AALTX) is 2.61%, while American Funds New Perspective Fund Class A (ANWPX) has a volatility of 3.18%. This indicates that AALTX experiences smaller price fluctuations and is considered to be less risky than ANWPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.