AGTHX vs. ANWPX
AGTHX (American Funds The Growth Fund of America Class A) and ANWPX (American Funds New Perspective Fund Class A) are both mutual funds - AGTHX is a Large Cap Growth Equities fund actively managed by Capital Group, while ANWPX is a Global Equities fund actively managed by American Funds. Both are actively managed. Over the past 10 years, AGTHX returned 15.03%/yr vs 12.77%/yr for ANWPX. Their correlation of 0.88 means they have usually moved in the same direction. AGTHX charges 0.59%/yr vs 0.71%/yr for ANWPX.
Performance
AGTHX vs. ANWPX - Performance Comparison
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Returns By Period
In the year-to-date period, AGTHX achieves a 4.39% return, which is significantly higher than ANWPX's 3.99% return. Over the past 10 years, AGTHX has outperformed ANWPX with an annualized return of 15.03%, while ANWPX has yielded a comparatively lower 12.77% annualized return.
AGTHX
- 1D
- 1.92%
- 1M
- -3.25%
- 6M
- 3.77%
- YTD
- 4.39%
- 1Y
- 12.89%
- 3Y*
- 19.66%
- 5Y*
- 10.11%
- 10Y*
- 15.03%
- ALL TIME*
- 12.99%
ANWPX
- 1D
- 2.16%
- 1M
- -1.98%
- 6M
- 1.42%
- YTD
- 3.99%
- 1Y
- 13.09%
- 3Y*
- 15.07%
- 5Y*
- 7.42%
- 10Y*
- 12.77%
- ALL TIME*
- 10.94%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
AGTHX vs. ANWPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AGTHX American Funds The Growth Fund of America Class A | 4.39% | 19.73% | 28.02% | 37.22% | -30.75% | 19.32% | 37.83% | 28.16% | -3.15% | 26.14% |
ANWPX American Funds New Perspective Fund Class A | 3.99% | 21.33% | 16.76% | 24.63% | -25.92% | 17.64% | 33.42% | 30.10% | -5.99% | 28.91% |
Correlation
The correlation between AGTHX and ANWPX is 0.95 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.95 |
Correlation (3Y) Balances recent behavior with more history. | 0.95 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.96 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.96 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 1990 | 0.88 |
The correlation between AGTHX and ANWPX has been stable across timeframes, ranging from 0.88 to 0.96 - a consistent structural relationship.
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Return for Risk
AGTHX vs. ANWPX — Risk / Return Rank
AGTHX
ANWPX
AGTHX vs. ANWPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds The Growth Fund of America Class A (AGTHX) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AGTHX | ANWPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.11 | ||
| Sortino ratioReturn per unit of downside risk | -0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.14 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.80 | 0.99 | -0.19 |
| Martin ratioReturn relative to average drawdown | 2.89 | 3.95 | -1.06 |
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Drawdowns
AGTHX vs. ANWPX - Drawdown Comparison
The maximum AGTHX drawdown since its inception was -51.91%, roughly equal to the maximum ANWPX drawdown of -52.34%. Use the drawdown chart below to compare losses from any high point for AGTHX and ANWPX.
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Drawdown Indicators
| AGTHX | ANWPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.91% | -52.34% | +0.43% |
Max Drawdown (1Y)Largest decline over 1 year | -13.76% | -11.48% | -2.28% |
Max Drawdown (3Y)Largest decline over 3 years | -21.57% | -17.93% | -3.64% |
Max Drawdown (5Y)Largest decline over 5 years | -36.38% | -34.45% | -1.93% |
Max Drawdown (10Y)Largest decline over 10 years | -36.38% | -34.45% | -1.93% |
Current DrawdownCurrent decline from peak | -5.49% | -3.22% | -2.27% |
Average DrawdownAverage peak-to-trough decline | -9.17% | -8.08% | -1.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.80% | 2.87% | +0.93% |
Volatility
AGTHX vs. ANWPX - Volatility Comparison
American Funds The Growth Fund of America Class A (AGTHX) has a higher volatility of 4.82% compared to American Funds New Perspective Fund Class A (ANWPX) at 4.51%. This indicates that AGTHX's price experiences larger fluctuations and is considered to be riskier than ANWPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AGTHX | ANWPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.82% | 4.51% | +0.31% |
Volatility (6M)Calculated over the trailing 6-month period | 13.65% | 12.51% | +1.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.90% | 14.87% | +2.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.52% | 17.44% | +3.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.76% | 17.81% | +1.95% |
AGTHX vs. ANWPX - Expense Ratio Comparison
AGTHX has a 0.59% expense ratio, which is lower than ANWPX's 0.71% expense ratio.
Dividends
AGTHX vs. ANWPX - Dividend Comparison
AGTHX's dividend yield for the trailing twelve months is around 10.24%, more than ANWPX's 6.32% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGTHX American Funds The Growth Fund of America Class A | 10.24% | 10.69% | 8.99% | 7.40% | 4.05% | 8.18% | 4.30% | 7.15% | 11.99% | 7.03% | 6.61% | 8.87% |
ANWPX American Funds New Perspective Fund Class A | 6.32% | 6.57% | 5.13% | 5.36% | 4.16% | 7.01% | 4.13% | 3.67% | 7.59% | 5.50% | 3.86% | 6.14% |
Frequently Asked Questions
With a correlation of 0.95, AGTHX and ANWPX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
AGTHX has higher volatility (4.82%) compared to ANWPX (4.51%). In terms of maximum drawdown, AGTHX dropped -51.91% vs ANWPX's -52.34%.
ANWPX currently has the higher Sharpe Ratio (0.76 vs 0.65), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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