ANWPX vs. AIVGX

Last updated Jun 26, 2026

ANWPX (American Funds New Perspective Fund Class A) and AIVGX (American Funds International Vantage Fund) are both mutual funds - ANWPX is a Global Equities fund actively managed by American Funds, while AIVGX is a Foreign Large Cap Equities fund managed by American Funds. Over the past 5 years, ANWPX returned 7.71%/yr vs 5.94%/yr for AIVGX. Their correlation of 0.88 suggests significant overlap in exposure. ANWPX charges 0.71%/yr vs 0.59%/yr for AIVGX.

Performance

ANWPX vs. AIVGX - 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 International Vantage Fund (AIVGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ANWPX achieves a 4.50% return, which is significantly lower than AIVGX's 4.79% return.

ANWPX

• 1D: 0.07%
• 1M: -0.90%
• YTD: 4.50%
• 6M: 3.74%
• 1Y: 15.05%
• 3Y*: 17.16%
• 5Y*: 7.71%
• 10Y*: 13.70%

AIVGX

• 1D: -0.28%
• 1M: -0.24%
• YTD: 4.79%
• 6M: 4.69%
• 1Y: 13.69%
• 3Y*: 12.65%
• 5Y*: 5.94%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ANWPX vs. AIVGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
ANWPX American Funds New Perspective Fund Class A	4.50%	21.33%	16.76%	24.63%	-25.92%	17.64%	33.42%	5.58%
AIVGX American Funds International Vantage Fund	4.79%	28.36%	1.36%	16.30%	-16.86%	9.48%	16.37%	3.80%

Correlation

The correlation between ANWPX and AIVGX is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.89
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (All Time) Calculated using the full available price history since Nov 8, 2019	0.88

The correlation between ANWPX and AIVGX has been stable across timeframes, ranging from 0.87 to 0.89 - a consistent structural relationship.

Return for Risk

ANWPX vs. AIVGX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ANWPX

ANWPX Risk / Return Rank: 21
ANWPX Sharpe Ratio Rank: 20
ANWPX Sortino Ratio Rank: 19
ANWPX Omega Ratio Rank: 21
ANWPX Calmar Ratio Rank: 19
ANWPX Martin Ratio Rank: 27

AIVGX

AIVGX Risk / Return Rank: 16
AIVGX Sharpe Ratio Rank: 14
AIVGX Sortino Ratio Rank: 15
AIVGX Omega Ratio Rank: 15
AIVGX Calmar Ratio Rank: 16
AIVGX Martin Ratio Rank: 21

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ANWPX vs. AIVGX - 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 International Vantage Fund (AIVGX). 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	AIVGX	Difference
Sharpe ratio: Return per unit of total volatility	1.04	0.84	+0.20
Sortino ratio: Return per unit of downside risk	1.52	1.31	+0.21
Omega ratio: Gain probability vs. loss probability	1.20	1.16	+0.04
Calmar ratio: Return relative to maximum drawdown	1.30	1.16	+0.14
Martin ratio: Return relative to average drawdown	5.36	4.29	+1.08

ANWPX vs. AIVGX - Sharpe Ratio Comparison

The current ANWPX Sharpe Ratio is 1.04, which is comparable to the AIVGX Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of ANWPX and AIVGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ANWPX vs. AIVGX - Drawdown Comparison

The maximum ANWPX drawdown since its inception was -52.34%, which is greater than AIVGX's maximum drawdown of -31.04%. Use the drawdown chart below to compare losses from any high point for ANWPX and AIVGX.

Drawdown Indicators

	ANWPX	AIVGX	Difference
Max Drawdown Largest peak-to-trough decline	-52.34%	-31.04%	-21.30%
Max Drawdown (1Y) Largest decline over 1 year	-11.48%	-11.58%	+0.10%
Max Drawdown (3Y) Largest decline over 3 years	-17.93%	-13.65%	-4.28%
Max Drawdown (5Y) Largest decline over 5 years	-34.45%	-31.04%	-3.41%
Max Drawdown (10Y) Largest decline over 10 years	-34.45%	—	—
Current Drawdown Current decline from peak	-2.68%	-2.39%	-0.29%
Average Drawdown Average peak-to-trough decline	-8.10%	-6.95%	-1.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.78%	3.13%	-0.35%

Volatility

ANWPX vs. AIVGX - Volatility Comparison

American Funds New Perspective Fund Class A (ANWPX) and American Funds International Vantage Fund (AIVGX) have volatilities of 6.08% and 5.90%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ANWPX	AIVGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.08%	5.90%	+0.18%
Volatility (6M) Calculated over the trailing 6-month period	12.04%	13.89%	-1.85%
Volatility (1Y) Calculated over the trailing 1-year period	14.39%	16.07%	-1.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.37%	15.80%	+1.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.81%	16.90%	+0.91%

ANWPX vs. AIVGX - Expense Ratio Comparison

ANWPX has a 0.71% expense ratio, which is higher than AIVGX's 0.59% expense ratio.

Dividends

ANWPX vs. AIVGX - Dividend Comparison

ANWPX's dividend yield for the trailing twelve months is around 6.29%, more than AIVGX's 3.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AIVGX American Funds International Vantage Fund	3.30%	3.46%	1.66%	1.53%	1.43%	2.84%	2.65%	5.86%	0.00%	0.00%	0.00%	0.00%
ANWPX American Funds New Perspective Fund Class A	6.29%	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

Can I hold both ANWPX and AIVGX in my portfolio?

ANWPX and AIVGX have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ANWPX or AIVGX?

ANWPX has higher volatility (6.08%) compared to AIVGX (5.90%). In terms of maximum drawdown, ANWPX dropped -52.34% vs AIVGX's -31.04%.

Which has better risk-adjusted returns?

ANWPX currently has the higher Sharpe Ratio (1.04 vs 0.84), 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.