ANWPX vs. AIVSX
Compare and contrast key facts about American Funds New Perspective Fund Class A (ANWPX) and American Funds Investment Company of America Class A (AIVSX).
ANWPX is managed by American Funds. It was launched on Mar 13, 1973. AIVSX is managed by American Funds. It was launched on Jan 1, 1934.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ANWPX or AIVSX.
Performance
ANWPX vs. AIVSX - Performance Comparison
Returns By Period
In the year-to-date period, ANWPX achieves a 16.46% return, which is significantly lower than AIVSX's 24.02% return. Over the past 10 years, ANWPX has underperformed AIVSX with an annualized return of 11.11%, while AIVSX has yielded a comparatively higher 11.74% annualized return.
ANWPX
16.46%
-1.77%
5.05%
22.75%
12.14%
11.11%
AIVSX
24.02%
-0.39%
10.10%
31.43%
15.11%
11.74%
Key characteristics
| ANWPX | AIVSX | |
|---|---|---|
| Sharpe Ratio | 1.90 | 2.68 |
| Sortino Ratio | 2.62 | 3.59 |
| Omega Ratio | 1.34 | 1.49 |
| Calmar Ratio | 1.56 | 4.78 |
| Martin Ratio | 12.00 | 21.18 |
| Ulcer Index | 1.98% | 1.53% |
| Daily Std Dev | 12.51% | 12.12% |
| Max Drawdown | -50.43% | -50.56% |
| Current Drawdown | -2.43% | -2.12% |
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ANWPX vs. AIVSX - Expense Ratio Comparison
ANWPX has a 0.72% expense ratio, which is higher than AIVSX's 0.57% expense ratio.
Correlation
The correlation between ANWPX and AIVSX is 0.84, 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.
Risk-Adjusted Performance
ANWPX vs. AIVSX - 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 Investment Company of America Class A (AIVSX). 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. AIVSX - Dividend Comparison
ANWPX's dividend yield for the trailing twelve months is around 0.80%, less than AIVSX's 1.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ANWPX American Funds New Perspective Fund Class A | 0.80% | 0.94% | 0.84% | 0.33% | 0.13% | 1.01% | 1.18% | 0.45% | 0.82% | 0.72% | 7.58% | 6.26% |
AIVSX American Funds Investment Company of America Class A | 1.17% | 1.44% | 1.50% | 1.20% | 1.40% | 1.93% | 2.17% | 1.68% | 1.89% | 3.06% | 11.66% | 9.04% |
Drawdowns
ANWPX vs. AIVSX - Drawdown Comparison
The maximum ANWPX drawdown since its inception was -50.43%, roughly equal to the maximum AIVSX drawdown of -50.56%. Use the drawdown chart below to compare losses from any high point for ANWPX and AIVSX. For additional features, visit the drawdowns tool.
Volatility
ANWPX vs. AIVSX - Volatility Comparison
The current volatility for American Funds New Perspective Fund Class A (ANWPX) is 3.49%, while American Funds Investment Company of America Class A (AIVSX) has a volatility of 3.83%. This indicates that ANWPX experiences smaller price fluctuations and is considered to be less risky than AIVSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.