AMECX vs. ANWPX
Compare and contrast key facts about American Funds The Income Fund of America Class A (AMECX) and American Funds New Perspective Fund Class A (ANWPX).
AMECX is managed by American Funds. It was launched on Dec 1, 1973. ANWPX is managed by American Funds. It was launched on Mar 13, 1973.
Performance
AMECX vs. ANWPX - Performance Comparison
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AMECX vs. ANWPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMECX American Funds The Income Fund of America Class A | 2.83% | 17.77% | 10.84% | 6.79% | -6.40% | 17.37% | 4.49% | 18.50% | -5.27% | 12.58% |
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, AMECX achieves a 2.83% return, which is significantly higher than ANWPX's -5.30% return. Over the past 10 years, AMECX has underperformed ANWPX with an annualized return of 8.35%, while ANWPX has yielded a comparatively higher 12.32% annualized return.
AMECX
- 1D
- 1.33%
- 1M
- -4.18%
- YTD
- 2.83%
- 6M
- 5.30%
- 1Y
- 15.39%
- 3Y*
- 12.45%
- 5Y*
- 8.08%
- 10Y*
- 8.35%
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%
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AMECX vs. ANWPX - Expense Ratio Comparison
AMECX has a 0.56% expense ratio, which is lower than ANWPX's 0.72% expense ratio.
Return for Risk
AMECX vs. ANWPX — Risk / Return Rank
AMECX
ANWPX
AMECX vs. ANWPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds The Income Fund of America Class A (AMECX) 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.
| AMECX | ANWPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.65 | 1.01 | +0.64 |
Sortino ratioReturn per unit of downside risk | 2.27 | 1.55 | +0.73 |
Omega ratioGain probability vs. loss probability | 1.34 | 1.21 | +0.13 |
Calmar ratioReturn relative to maximum drawdown | 1.97 | 1.42 | +0.55 |
Martin ratioReturn relative to average drawdown | 9.13 | 5.78 | +3.35 |
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
| AMECX | ANWPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.65 | 1.01 | +0.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.86 | 0.41 | +0.45 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.79 | 0.70 | +0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.72 | 0.65 | +0.06 |
Correlation
The correlation between AMECX and ANWPX is 0.78, 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
AMECX vs. ANWPX - Dividend Comparison
AMECX's dividend yield for the trailing twelve months is around 9.73%, more than ANWPX's 6.94% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMECX American Funds The Income Fund of America Class A | 9.73% | 9.94% | 6.38% | 2.93% | 6.98% | 6.67% | 2.80% | 5.01% | 7.48% | 4.26% | 3.09% | 5.09% |
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
AMECX vs. ANWPX - Drawdown Comparison
The maximum AMECX drawdown since its inception was -41.92%, smaller than the maximum ANWPX drawdown of -52.34%. Use the drawdown chart below to compare losses from any high point for AMECX and ANWPX.
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Drawdown Indicators
| AMECX | ANWPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.92% | -52.34% | +10.42% |
Max Drawdown (1Y)Largest decline over 1 year | -8.19% | -11.75% | +3.56% |
Max Drawdown (5Y)Largest decline over 5 years | -15.78% | -34.45% | +18.67% |
Max Drawdown (10Y)Largest decline over 10 years | -26.13% | -34.45% | +8.32% |
Current DrawdownCurrent decline from peak | -4.48% | -8.73% | +4.25% |
Average DrawdownAverage peak-to-trough decline | -4.46% | -8.13% | +3.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.77% | 2.89% | -1.12% |
Volatility
AMECX vs. ANWPX - Volatility Comparison
The current volatility for American Funds The Income Fund of America Class A (AMECX) is 3.35%, while American Funds New Perspective Fund Class A (ANWPX) has a volatility of 6.24%. This indicates that AMECX 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.
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Volatility by Period
| AMECX | ANWPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.35% | 6.24% | -2.89% |
Volatility (6M)Calculated over the trailing 6-month period | 5.64% | 10.32% | -4.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.54% | 17.02% | -7.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.45% | 17.15% | -7.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.67% | 17.77% | -7.10% |