ANWPX vs. BUYZ

Last updated Jun 5, 2026

ANWPX (American Funds New Perspective Fund Class A) and BUYZ (Franklin Disruptive Commerce ETF) are both Large Cap Growth Equities funds. Over the past 5 years, ANWPX returned 8.60%/yr vs -6.77%/yr for BUYZ. Their correlation of 0.81 suggests significant overlap in exposure. ANWPX charges 0.72%/yr vs 0.50%/yr for BUYZ.

Performance

ANWPX vs. BUYZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds New Perspective Fund Class A (ANWPX) and Franklin Disruptive Commerce ETF (BUYZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ANWPX achieves a 6.76% return, which is significantly higher than BUYZ's -14.51% return.

ANWPX

• 1D: -0.58%
• 1M: 4.09%
• YTD: 6.76%
• 6M: 7.66%
• 1Y: 19.20%
• 3Y*: 18.40%
• 5Y*: 8.60%
• 10Y*: 13.41%

BUYZ

• 1D: 1.29%
• 1M: -1.95%
• YTD: -14.51%
• 6M: -15.65%
• 1Y: -13.45%
• 3Y*: 11.23%
• 5Y*: -6.77%
• 10Y*: —

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

ANWPX vs. BUYZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ANWPX American Funds New Perspective Fund Class A	6.76%	21.33%	16.76%	24.63%	-25.92%	17.64%	42.37%
BUYZ Franklin Disruptive Commerce ETF	-14.51%	8.70%	28.25%	39.13%	-49.81%	-19.38%	111.45%

Correlation

The correlation between ANWPX and BUYZ is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (All Time) Calculated using the full available price history since Mar 2, 2020	0.81

The correlation between ANWPX and BUYZ shifts across timeframes, from 0.71 (1 year) to 0.84 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

ANWPX vs. BUYZ — Risk / Return Rank

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

ANWPX

ANWPX Risk / Return Rank: 27
ANWPX Sharpe Ratio Rank: 27
ANWPX Sortino Ratio Rank: 26
ANWPX Omega Ratio Rank: 27
ANWPX Calmar Ratio Rank: 22
ANWPX Martin Ratio Rank: 32

BUYZ

BUYZ Risk / Return Rank: 4
BUYZ Sharpe Ratio Rank: 4
BUYZ Sortino Ratio Rank: 4
BUYZ Omega Ratio Rank: 4
BUYZ Calmar Ratio Rank: 5
BUYZ Martin Ratio Rank: 5

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. BUYZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds New Perspective Fund Class A (ANWPX) and Franklin Disruptive Commerce ETF (BUYZ). 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.

	ANWPX	BUYZ	Difference
Sharpe ratio: Return per unit of total volatility	1.49	-0.61	+2.10
Sortino ratio: Return per unit of downside risk	2.14	-0.71	+2.85
Omega ratio: Gain probability vs. loss probability	1.27	0.91	+0.36
Calmar ratio: Return relative to maximum drawdown	1.73	-0.44	+2.17
Martin ratio: Return relative to average drawdown	7.31	-0.89	+8.19
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ANWPX vs. BUYZ - Sharpe Ratio Comparison

The current ANWPX Sharpe Ratio is 1.49, which is higher than the BUYZ Sharpe Ratio of -0.61. The chart below compares the historical Sharpe Ratios of ANWPX and BUYZ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ANWPX	BUYZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.49	-0.61	+2.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	-0.25	+0.75
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.75	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	0.19	+0.48

Drawdowns

ANWPX vs. BUYZ - Drawdown Comparison

The maximum ANWPX drawdown since its inception was -52.34%, smaller than the maximum BUYZ drawdown of -68.04%. Use the drawdown chart below to compare losses from any high point for ANWPX and BUYZ.

Drawdown Indicators

	ANWPX	BUYZ	Difference
Max Drawdown Largest peak-to-trough decline	-52.34%	-68.04%	+15.70%
Max Drawdown (1Y) Largest decline over 1 year	-11.48%	-30.85%	+19.37%
Max Drawdown (3Y) Largest decline over 3 years	-17.93%	-30.85%	+12.92%
Max Drawdown (5Y) Largest decline over 5 years	-34.45%	-63.32%	+28.87%
Max Drawdown (10Y) Largest decline over 10 years	-34.45%	—	—
Current Drawdown Current decline from peak	-0.58%	-44.82%	+44.24%
Average Drawdown Average peak-to-trough decline	-8.11%	-38.76%	+30.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.72%	15.20%	-12.48%

Volatility

ANWPX vs. BUYZ - Volatility Comparison

The current volatility for American Funds New Perspective Fund Class A (ANWPX) is 3.98%, while Franklin Disruptive Commerce ETF (BUYZ) has a volatility of 5.10%. This indicates that ANWPX experiences smaller price fluctuations and is considered to be less risky than BUYZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ANWPX	BUYZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.98%	5.10%	-1.12%
Volatility (6M) Calculated over the trailing 6-month period	10.77%	17.15%	-6.38%
Volatility (1Y) Calculated over the trailing 1-year period	13.39%	22.22%	-8.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.20%	27.17%	-9.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.83%	29.91%	-12.08%

ANWPX vs. BUYZ - Expense Ratio Comparison

ANWPX has a 0.72% expense ratio, which is higher than BUYZ's 0.50% expense ratio.

Dividends

ANWPX vs. BUYZ - Dividend Comparison

ANWPX's dividend yield for the trailing twelve months is around 6.16%, while BUYZ has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ANWPX American Funds New Perspective Fund Class A	6.16%	6.57%	5.13%	5.36%	4.16%	7.01%	4.13%	3.67%	7.59%	5.50%	3.86%	6.14%
BUYZ Franklin Disruptive Commerce ETF	0.00%	0.00%	0.07%	0.00%	0.00%	0.77%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ANWPX and BUYZ in my portfolio?

ANWPX and BUYZ have a correlation of 0.71, 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 BUYZ?

BUYZ has higher volatility (5.10%) compared to ANWPX (3.98%). In terms of maximum drawdown, ANWPX dropped -52.34% vs BUYZ's -68.04%.

Which has better risk-adjusted returns?

ANWPX currently has the higher Sharpe Ratio (1.49 vs -0.61), 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.