ALTFX vs. ANWPX
Compare and contrast key facts about AB Sustainable Global Thematic Fund (ALTFX) and American Funds New Perspective Fund Class A (ANWPX).
ALTFX is managed by AllianceBernstein. It was launched on Feb 28, 1982. ANWPX is managed by American Funds. It was launched on Mar 13, 1973.
Performance
ALTFX vs. ANWPX - Performance Comparison
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ALTFX vs. ANWPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALTFX AB Sustainable Global Thematic Fund | -10.89% | 6.22% | 5.94% | 15.97% | -27.19% | 22.64% | 39.40% | 33.60% | -9.86% | 37.16% |
ANWPX American Funds New Perspective Fund Class A | -8.14% | 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, ALTFX achieves a -10.89% return, which is significantly lower than ANWPX's -8.14% return. Over the past 10 years, ALTFX has underperformed ANWPX with an annualized return of 9.62%, while ANWPX has yielded a comparatively higher 11.98% annualized return.
ALTFX
- 1D
- -0.30%
- 1M
- -9.85%
- YTD
- -10.89%
- 6M
- -13.62%
- 1Y
- 1.12%
- 3Y*
- 3.26%
- 5Y*
- 0.18%
- 10Y*
- 9.62%
ANWPX
- 1D
- -0.18%
- 1M
- -10.49%
- YTD
- -8.14%
- 6M
- -5.86%
- 1Y
- 13.67%
- 3Y*
- 13.74%
- 5Y*
- 6.70%
- 10Y*
- 11.98%
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ALTFX vs. ANWPX - Expense Ratio Comparison
ALTFX has a 1.02% expense ratio, which is higher than ANWPX's 0.72% expense ratio.
Return for Risk
ALTFX vs. ANWPX — Risk / Return Rank
ALTFX
ANWPX
ALTFX vs. ANWPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AB Sustainable Global Thematic Fund (ALTFX) 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.
| ALTFX | ANWPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.05 | 0.79 | -0.74 |
Sortino ratioReturn per unit of downside risk | 0.20 | 1.23 | -1.03 |
Omega ratioGain probability vs. loss probability | 1.03 | 1.17 | -0.14 |
Calmar ratioReturn relative to maximum drawdown | -0.05 | 0.94 | -0.99 |
Martin ratioReturn relative to average drawdown | -0.16 | 3.90 | -4.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ALTFX | ANWPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.05 | 0.79 | -0.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.01 | 0.39 | -0.38 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.54 | 0.68 | -0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.65 | -0.39 |
Correlation
The correlation between ALTFX and ANWPX is 0.82, 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.
Dividends
ALTFX vs. ANWPX - Dividend Comparison
ALTFX's dividend yield for the trailing twelve months is around 15.18%, more than ANWPX's 7.16% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALTFX AB Sustainable Global Thematic Fund | 15.18% | 13.53% | 8.18% | 0.03% | 2.61% | 9.99% | 7.23% | 6.01% | 8.36% | 0.00% | 4.05% | 0.00% |
ANWPX American Funds New Perspective Fund Class A | 7.16% | 6.57% | 5.13% | 5.36% | 4.16% | 7.01% | 4.13% | 3.67% | 7.59% | 5.50% | 3.86% | 6.14% |
Drawdowns
ALTFX vs. ANWPX - Drawdown Comparison
The maximum ALTFX drawdown since its inception was -80.01%, which is greater than ANWPX's maximum drawdown of -52.34%. Use the drawdown chart below to compare losses from any high point for ALTFX and ANWPX.
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Drawdown Indicators
| ALTFX | ANWPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.01% | -52.34% | -27.67% |
Max Drawdown (1Y)Largest decline over 1 year | -15.81% | -11.75% | -4.06% |
Max Drawdown (5Y)Largest decline over 5 years | -35.87% | -34.45% | -1.42% |
Max Drawdown (10Y)Largest decline over 10 years | -35.87% | -34.45% | -1.42% |
Current DrawdownCurrent decline from peak | -16.56% | -11.48% | -5.08% |
Average DrawdownAverage peak-to-trough decline | -37.13% | -8.13% | -29.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.93% | 2.84% | +2.09% |
Volatility
ALTFX vs. ANWPX - Volatility Comparison
AB Sustainable Global Thematic Fund (ALTFX) has a higher volatility of 5.52% compared to American Funds New Perspective Fund Class A (ANWPX) at 5.13%. This indicates that ALTFX'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
| ALTFX | ANWPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.52% | 5.13% | +0.39% |
Volatility (6M)Calculated over the trailing 6-month period | 10.66% | 9.85% | +0.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.53% | 16.78% | +1.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.10% | 17.09% | +1.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.96% | 17.74% | +0.22% |