ANWPX vs. AGTHX
ANWPX (American Funds New Perspective Fund Class A) and AGTHX (American Funds The Growth Fund of America Class A) are both mutual funds - ANWPX is a Global Equities fund actively managed by American Funds, while AGTHX is a Large Cap Growth Equities fund actively managed by Capital Group. Both are actively managed. Over the past 10 years, ANWPX returned 12.77%/yr vs 15.03%/yr for AGTHX. Their correlation of 0.88 means they have usually moved in the same direction. ANWPX charges 0.71%/yr vs 0.59%/yr for AGTHX.
Performance
ANWPX vs. AGTHX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ANWPX achieves a 3.99% return, which is significantly lower than AGTHX's 4.39% return. Over the past 10 years, ANWPX has underperformed AGTHX with an annualized return of 12.77%, while AGTHX has yielded a comparatively higher 15.03% annualized return.
ANWPX
- 1D
- 2.16%
- 1M
- -1.98%
- 6M
- 1.42%
- YTD
- 3.99%
- 1Y
- 13.09%
- 3Y*
- 15.07%
- 5Y*
- 7.42%
- 10Y*
- 12.77%
- ALL TIME*
- 10.94%
AGTHX
- 1D
- 1.92%
- 1M
- -3.25%
- 6M
- 3.77%
- YTD
- 4.39%
- 1Y
- 12.89%
- 3Y*
- 19.66%
- 5Y*
- 10.11%
- 10Y*
- 15.03%
- ALL TIME*
- 12.99%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
ANWPX vs. AGTHX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ANWPX American Funds New Perspective Fund Class A | 3.99% | 21.33% | 16.76% | 24.63% | -25.92% | 17.64% | 33.42% | 30.10% | -5.99% | 28.91% |
AGTHX American Funds The Growth Fund of America Class A | 4.39% | 19.73% | 28.02% | 37.22% | -30.75% | 19.32% | 37.83% | 28.16% | -3.15% | 26.14% |
Correlation
The correlation between ANWPX and AGTHX is 0.95 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.95 |
Correlation (3Y) Balances recent behavior with more history. | 0.95 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.96 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.96 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 1990 | 0.88 |
The correlation between ANWPX and AGTHX has been stable across timeframes, ranging from 0.88 to 0.96 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ANWPX vs. AGTHX — Risk / Return Rank
ANWPX
AGTHX
ANWPX vs. AGTHX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds New Perspective Fund Class A (ANWPX) and American Funds The Growth Fund of America Class A (AGTHX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ANWPX | AGTHX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.11 | ||
| Sortino ratioReturn per unit of downside risk | +0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.12 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.99 | 0.80 | +0.19 |
| Martin ratioReturn relative to average drawdown | 3.95 | 2.89 | +1.06 |
Loading charts...
Drawdowns
ANWPX vs. AGTHX - Drawdown Comparison
The maximum ANWPX drawdown since its inception was -52.34%, roughly equal to the maximum AGTHX drawdown of -51.91%. Use the drawdown chart below to compare losses from any high point for ANWPX and AGTHX.
Loading charts...
Drawdown Indicators
| ANWPX | AGTHX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.34% | -51.91% | -0.43% |
Max Drawdown (1Y)Largest decline over 1 year | -11.48% | -13.76% | +2.28% |
Max Drawdown (3Y)Largest decline over 3 years | -17.93% | -21.57% | +3.64% |
Max Drawdown (5Y)Largest decline over 5 years | -34.45% | -36.38% | +1.93% |
Max Drawdown (10Y)Largest decline over 10 years | -34.45% | -36.38% | +1.93% |
Current DrawdownCurrent decline from peak | -3.22% | -5.49% | +2.27% |
Average DrawdownAverage peak-to-trough decline | -8.08% | -9.17% | +1.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.87% | 3.80% | -0.93% |
Volatility
ANWPX vs. AGTHX - Volatility Comparison
The current volatility for American Funds New Perspective Fund Class A (ANWPX) is 4.51%, while American Funds The Growth Fund of America Class A (AGTHX) has a volatility of 4.82%. This indicates that ANWPX experiences smaller price fluctuations and is considered to be less risky than AGTHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ANWPX | AGTHX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.51% | 4.82% | -0.31% |
Volatility (6M)Calculated over the trailing 6-month period | 12.51% | 13.65% | -1.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.87% | 16.90% | -2.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.44% | 20.52% | -3.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.81% | 19.76% | -1.95% |
ANWPX vs. AGTHX - Expense Ratio Comparison
ANWPX has a 0.71% expense ratio, which is higher than AGTHX's 0.59% expense ratio.
Dividends
ANWPX vs. AGTHX - Dividend Comparison
ANWPX's dividend yield for the trailing twelve months is around 6.32%, less than AGTHX's 10.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGTHX American Funds The Growth Fund of America Class A | 10.24% | 10.69% | 8.99% | 7.40% | 4.05% | 8.18% | 4.30% | 7.15% | 11.99% | 7.03% | 6.61% | 8.87% |
ANWPX American Funds New Perspective Fund Class A | 6.32% | 6.57% | 5.13% | 5.36% | 4.16% | 7.01% | 4.13% | 3.67% | 7.59% | 5.50% | 3.86% | 6.14% |
Frequently Asked Questions
With a correlation of 0.95, ANWPX and AGTHX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
AGTHX has higher volatility (4.82%) compared to ANWPX (4.51%). In terms of maximum drawdown, ANWPX dropped -52.34% vs AGTHX's -51.91%.
ANWPX currently has the higher Sharpe Ratio (0.76 vs 0.65), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for ANWPX and AGTHX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer