AHITX vs. ANWPX
Compare and contrast key facts about American Funds American High-Income Trust (AHITX) and American Funds New Perspective Fund Class A (ANWPX).
AHITX is managed by American Funds. It was launched on Feb 19, 1988. ANWPX is managed by American Funds. It was launched on Mar 13, 1973.
Performance
AHITX vs. ANWPX - Performance Comparison
Loading graphics...
AHITX vs. ANWPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AHITX American Funds American High-Income Trust | -0.53% | 8.28% | 9.45% | 11.43% | -10.38% | 8.32% | 7.01% | 11.86% | -1.80% | 7.30% |
ANWPX American Funds New Perspective Fund Class A | -5.30% | 21.33% | 16.76% | 24.63% | -25.92% | 17.64% | 33.42% | 30.10% | -5.99% | 28.91% |
Returns By Period
In the year-to-date period, AHITX achieves a -0.53% return, which is significantly higher than ANWPX's -5.30% return. Over the past 10 years, AHITX has underperformed ANWPX with an annualized return of 6.12%, while ANWPX has yielded a comparatively higher 12.32% annualized return.
AHITX
- 1D
- 0.62%
- 1M
- -1.61%
- YTD
- -0.53%
- 6M
- 0.64%
- 1Y
- 6.32%
- 3Y*
- 8.48%
- 5Y*
- 4.42%
- 10Y*
- 6.12%
ANWPX
- 1D
- 3.10%
- 1M
- -6.93%
- YTD
- -5.30%
- 6M
- -3.65%
- 1Y
- 16.52%
- 3Y*
- 14.90%
- 5Y*
- 7.06%
- 10Y*
- 12.32%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AHITX vs. ANWPX - Expense Ratio Comparison
AHITX has a 0.69% expense ratio, which is lower than ANWPX's 0.72% expense ratio.
Return for Risk
AHITX vs. ANWPX — Risk / Return Rank
AHITX
ANWPX
AHITX vs. ANWPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds American High-Income Trust (AHITX) 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.
| AHITX | ANWPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.53 | 1.01 | +0.52 |
Sortino ratioReturn per unit of downside risk | 1.99 | 1.55 | +0.44 |
Omega ratioGain probability vs. loss probability | 1.36 | 1.21 | +0.15 |
Calmar ratioReturn relative to maximum drawdown | 2.03 | 1.42 | +0.61 |
Martin ratioReturn relative to average drawdown | 8.61 | 5.78 | +2.83 |
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
| AHITX | ANWPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.53 | 1.01 | +0.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.90 | 0.41 | +0.49 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.12 | 0.70 | +0.42 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.42 | 0.65 | +0.77 |
Correlation
The correlation between AHITX and ANWPX is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
AHITX vs. ANWPX - Dividend Comparison
AHITX's dividend yield for the trailing twelve months is around 5.86%, less than ANWPX's 6.94% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AHITX American Funds American High-Income Trust | 5.86% | 6.26% | 6.25% | 5.87% | 4.17% | 4.27% | 5.81% | 6.19% | 6.31% | 5.99% | 5.05% | 6.92% |
ANWPX American Funds New Perspective Fund Class A | 6.94% | 6.57% | 5.13% | 5.36% | 4.16% | 7.01% | 4.13% | 3.67% | 7.59% | 5.50% | 3.86% | 6.14% |
Drawdowns
AHITX vs. ANWPX - Drawdown Comparison
The maximum AHITX drawdown since its inception was -34.81%, smaller than the maximum ANWPX drawdown of -52.34%. Use the drawdown chart below to compare losses from any high point for AHITX and ANWPX.
Loading graphics...
Drawdown Indicators
| AHITX | ANWPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.81% | -52.34% | +17.53% |
Max Drawdown (1Y)Largest decline over 1 year | -3.38% | -11.75% | +8.37% |
Max Drawdown (5Y)Largest decline over 5 years | -13.93% | -34.45% | +20.52% |
Max Drawdown (10Y)Largest decline over 10 years | -21.22% | -34.45% | +13.23% |
Current DrawdownCurrent decline from peak | -1.81% | -8.73% | +6.92% |
Average DrawdownAverage peak-to-trough decline | -2.68% | -8.13% | +5.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.80% | 2.89% | -2.09% |
Volatility
AHITX vs. ANWPX - Volatility Comparison
The current volatility for American Funds American High-Income Trust (AHITX) is 1.37%, while American Funds New Perspective Fund Class A (ANWPX) has a volatility of 6.24%. This indicates that AHITX 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.
Loading graphics...
Volatility by Period
| AHITX | ANWPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.37% | 6.24% | -4.87% |
Volatility (6M)Calculated over the trailing 6-month period | 2.35% | 10.32% | -7.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.30% | 17.02% | -12.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.93% | 17.15% | -12.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.48% | 17.77% | -12.29% |