ANWPX vs. AAGTX
Compare and contrast key facts about American Funds New Perspective Fund Class A (ANWPX) and American Funds 2040 Target Date Retirement Fund (AAGTX).
ANWPX is managed by American Funds. It was launched on Mar 13, 1973. AAGTX is managed by American Funds. It was launched on Jan 31, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ANWPX or AAGTX.
Correlation
The correlation between ANWPX and AAGTX is 0.91, 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.
Performance
ANWPX vs. AAGTX - Performance Comparison
Key characteristics
ANWPX:
0.32
AAGTX:
0.51
ANWPX:
0.56
AAGTX:
0.79
ANWPX:
1.08
AAGTX:
1.11
ANWPX:
0.26
AAGTX:
0.52
ANWPX:
1.16
AAGTX:
2.16
ANWPX:
5.25%
AAGTX:
3.40%
ANWPX:
18.82%
AAGTX:
14.34%
ANWPX:
-50.43%
AAGTX:
-48.78%
ANWPX:
-14.23%
AAGTX:
-6.58%
Returns By Period
In the year-to-date period, ANWPX achieves a -1.61% return, which is significantly lower than AAGTX's -1.37% return. Both investments have delivered pretty close results over the past 10 years, with ANWPX having a 5.18% annualized return and AAGTX not far behind at 5.07%.
ANWPX
-1.61%
-3.67%
-6.05%
4.32%
8.37%
5.18%
AAGTX
-1.37%
-3.08%
-3.94%
6.05%
8.02%
5.07%
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ANWPX vs. AAGTX - Expense Ratio Comparison
ANWPX has a 0.72% expense ratio, which is higher than AAGTX's 0.33% expense ratio.
Risk-Adjusted Performance
ANWPX vs. AAGTX — Risk-Adjusted Performance Rank
ANWPX
AAGTX
ANWPX vs. AAGTX - 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 2040 Target Date Retirement Fund (AAGTX). 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.
Dividends
ANWPX vs. AAGTX - Dividend Comparison
ANWPX's dividend yield for the trailing twelve months is around 5.22%, more than AAGTX's 1.32% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ANWPX American Funds New Perspective Fund Class A | 5.22% | 5.13% | 5.36% | 4.16% | 7.01% | 4.13% | 3.67% | 7.59% | 5.50% | 3.86% | 6.14% | 7.58% |
AAGTX American Funds 2040 Target Date Retirement Fund | 1.32% | 1.30% | 1.47% | 1.08% | 0.77% | 0.78% | 1.01% | 1.09% | 0.89% | 1.00% | 0.80% | 4.84% |
Drawdowns
ANWPX vs. AAGTX - Drawdown Comparison
The maximum ANWPX drawdown since its inception was -50.43%, roughly equal to the maximum AAGTX drawdown of -48.78%. Use the drawdown chart below to compare losses from any high point for ANWPX and AAGTX. For additional features, visit the drawdowns tool.
Volatility
ANWPX vs. AAGTX - Volatility Comparison
American Funds New Perspective Fund Class A (ANWPX) has a higher volatility of 12.44% compared to American Funds 2040 Target Date Retirement Fund (AAGTX) at 9.78%. This indicates that ANWPX's price experiences larger fluctuations and is considered to be riskier than AAGTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.