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ANWPX vs. AAETX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ANWPX and AAETX is 0.95, 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.


-0.50.00.51.01.0

Performance

ANWPX vs. AAETX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds New Perspective Fund Class A (ANWPX) and American Funds 2030 Target Date Retirement Fund (AAETX). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
-0.08%
3.62%
ANWPX
AAETX

Key characteristics

Sharpe Ratio

ANWPX:

0.87

AAETX:

1.43

Sortino Ratio

ANWPX:

1.19

AAETX:

1.98

Omega Ratio

ANWPX:

1.17

AAETX:

1.26

Calmar Ratio

ANWPX:

1.01

AAETX:

2.60

Martin Ratio

ANWPX:

5.82

AAETX:

9.31

Ulcer Index

ANWPX:

2.08%

AAETX:

1.15%

Daily Std Dev

ANWPX:

13.97%

AAETX:

7.47%

Max Drawdown

ANWPX:

-50.43%

AAETX:

-48.18%

Current Drawdown

ANWPX:

-8.47%

AAETX:

-3.00%

Returns By Period

In the year-to-date period, ANWPX achieves a 11.50% return, which is significantly higher than AAETX's 10.04% return. Over the past 10 years, ANWPX has outperformed AAETX with an annualized return of 10.65%, while AAETX has yielded a comparatively lower 7.29% annualized return.


ANWPX

YTD

11.50%

1M

-4.25%

6M

-0.53%

1Y

13.62%

5Y*

10.22%

10Y*

10.65%

AAETX

YTD

10.04%

1M

-0.73%

6M

3.38%

1Y

11.49%

5Y*

6.83%

10Y*

7.29%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


ANWPX vs. AAETX - Expense Ratio Comparison

ANWPX has a 0.72% expense ratio, which is higher than AAETX's 0.33% expense ratio.


ANWPX
American Funds New Perspective Fund Class A
Expense ratio chart for ANWPX: current value at 0.72% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.72%
Expense ratio chart for AAETX: current value at 0.33% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.33%

Risk-Adjusted Performance

ANWPX vs. AAETX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds New Perspective Fund Class A (ANWPX) and American Funds 2030 Target Date Retirement Fund (AAETX). 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.


Sharpe ratio
The chart of Sharpe ratio for ANWPX, currently valued at 0.87, compared to the broader market-1.000.001.002.003.004.000.871.43
The chart of Sortino ratio for ANWPX, currently valued at 1.19, compared to the broader market-2.000.002.004.006.008.0010.001.191.98
The chart of Omega ratio for ANWPX, currently valued at 1.17, compared to the broader market0.501.001.502.002.503.003.501.171.26
The chart of Calmar ratio for ANWPX, currently valued at 1.01, compared to the broader market0.002.004.006.008.0010.0012.0014.001.012.60
The chart of Martin ratio for ANWPX, currently valued at 5.82, compared to the broader market0.0020.0040.0060.005.829.31
ANWPX
AAETX

The current ANWPX Sharpe Ratio is 0.87, which is lower than the AAETX Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of ANWPX and AAETX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
0.87
1.43
ANWPX
AAETX

Dividends

ANWPX vs. AAETX - Dividend Comparison

ANWPX has not paid dividends to shareholders, while AAETX's dividend yield for the trailing twelve months is around 1.80%.


TTM20232022202120202019201820172016201520142013
ANWPX
American Funds New Perspective Fund Class A
0.00%0.94%0.84%0.33%0.13%1.01%1.18%0.45%0.82%0.72%7.58%6.26%
AAETX
American Funds 2030 Target Date Retirement Fund
1.80%1.98%1.78%0.98%1.38%1.33%1.35%1.04%1.11%0.85%5.04%3.43%

Drawdowns

ANWPX vs. AAETX - Drawdown Comparison

The maximum ANWPX drawdown since its inception was -50.43%, roughly equal to the maximum AAETX drawdown of -48.18%. Use the drawdown chart below to compare losses from any high point for ANWPX and AAETX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-8.47%
-3.00%
ANWPX
AAETX

Volatility

ANWPX vs. AAETX - Volatility Comparison

American Funds New Perspective Fund Class A (ANWPX) has a higher volatility of 6.83% compared to American Funds 2030 Target Date Retirement Fund (AAETX) at 2.58%. This indicates that ANWPX's price experiences larger fluctuations and is considered to be riskier than AAETX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
6.83%
2.58%
ANWPX
AAETX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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