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

Correlation

The correlation between ANWPX and AGTHX 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.


-0.50.00.51.00.8

Performance

ANWPX vs. AGTHX - 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 The Growth Fund of America Class A (AGTHX). The values are adjusted to include any dividend payments, if applicable.

5,000.00%5,500.00%6,000.00%6,500.00%7,000.00%7,500.00%8,000.00%8,500.00%JulyAugustSeptemberOctoberNovemberDecember
7,935.39%
5,703.30%
ANWPX
AGTHX

Key characteristics

Sharpe Ratio

ANWPX:

1.50

AGTHX:

1.04

Sortino Ratio

ANWPX:

2.06

AGTHX:

1.30

Omega Ratio

ANWPX:

1.27

AGTHX:

1.23

Calmar Ratio

ANWPX:

1.61

AGTHX:

1.36

Martin Ratio

ANWPX:

9.63

AGTHX:

8.02

Ulcer Index

ANWPX:

2.01%

AGTHX:

2.46%

Daily Std Dev

ANWPX:

12.90%

AGTHX:

19.07%

Max Drawdown

ANWPX:

-50.43%

AGTHX:

-65.35%

Current Drawdown

ANWPX:

-3.30%

AGTHX:

-11.92%

Returns By Period

The year-to-date returns for both investments are quite close, with ANWPX having a 17.80% return and AGTHX slightly higher at 18.56%. Over the past 10 years, ANWPX has underperformed AGTHX with an annualized return of 11.29%, while AGTHX has yielded a comparatively higher 12.51% annualized return.


ANWPX

YTD

17.80%

1M

1.48%

6M

5.11%

1Y

18.44%

5Y*

11.45%

10Y*

11.29%

AGTHX

YTD

18.56%

1M

-6.74%

6M

1.39%

1Y

18.80%

5Y*

12.52%

10Y*

12.51%

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. AGTHX - Expense Ratio Comparison

ANWPX has a 0.72% expense ratio, which is higher than AGTHX's 0.61% 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 AGTHX: current value at 0.61% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.61%

Risk-Adjusted Performance

ANWPX vs. AGTHX - 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 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.


Sharpe ratio
The chart of Sharpe ratio for ANWPX, currently valued at 1.50, compared to the broader market-1.000.001.002.003.004.001.501.04
The chart of Sortino ratio for ANWPX, currently valued at 2.06, compared to the broader market-2.000.002.004.006.008.0010.002.061.30
The chart of Omega ratio for ANWPX, currently valued at 1.27, compared to the broader market0.501.001.502.002.503.003.501.271.23
The chart of Calmar ratio for ANWPX, currently valued at 1.61, compared to the broader market0.005.0010.0015.001.611.36
The chart of Martin ratio for ANWPX, currently valued at 9.63, compared to the broader market0.0020.0040.0060.009.638.02
ANWPX
AGTHX

The current ANWPX Sharpe Ratio is 1.50, which is higher than the AGTHX Sharpe Ratio of 1.04. The chart below compares the historical Sharpe Ratios of ANWPX and AGTHX, 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
1.50
1.04
ANWPX
AGTHX

Dividends

ANWPX vs. AGTHX - Dividend Comparison

Neither ANWPX nor AGTHX has paid dividends to shareholders.


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%
AGTHX
American Funds The Growth Fund of America Class A
0.00%6.81%0.75%8.18%4.55%7.89%12.71%7.54%6.61%8.87%9.90%6.71%

Drawdowns

ANWPX vs. AGTHX - Drawdown Comparison

The maximum ANWPX drawdown since its inception was -50.43%, smaller than the maximum AGTHX drawdown of -65.35%. Use the drawdown chart below to compare losses from any high point for ANWPX and AGTHX. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.30%
-11.92%
ANWPX
AGTHX

Volatility

ANWPX vs. AGTHX - Volatility Comparison

The current volatility for American Funds New Perspective Fund Class A (ANWPX) is 3.99%, while American Funds The Growth Fund of America Class A (AGTHX) has a volatility of 12.78%. 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.


2.00%4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
3.99%
12.78%
ANWPX
AGTHX
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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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