ANWPX vs. CAIBX
Compare and contrast key facts about American Funds New Perspective Fund Class A (ANWPX) and American Funds Capital Income Builder Class A (CAIBX).
ANWPX is managed by American Funds. It was launched on Mar 13, 1973. CAIBX is managed by American Funds. It was launched on Jul 30, 1987.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ANWPX or CAIBX.
Performance
ANWPX vs. CAIBX - Performance Comparison
Returns By Period
In the year-to-date period, ANWPX achieves a 16.46% return, which is significantly higher than CAIBX's 11.09% return. Over the past 10 years, ANWPX has outperformed CAIBX with an annualized return of 11.11%, while CAIBX has yielded a comparatively lower 5.47% annualized return.
ANWPX
16.46%
-1.77%
5.05%
22.75%
12.14%
11.11%
CAIBX
11.09%
-2.53%
5.80%
17.40%
6.58%
5.47%
Key characteristics
| ANWPX | CAIBX | |
|---|---|---|
| Sharpe Ratio | 1.90 | 2.33 |
| Sortino Ratio | 2.62 | 3.26 |
| Omega Ratio | 1.34 | 1.44 |
| Calmar Ratio | 1.56 | 3.21 |
| Martin Ratio | 12.00 | 14.98 |
| Ulcer Index | 1.98% | 1.19% |
| Daily Std Dev | 12.51% | 7.66% |
| Max Drawdown | -50.43% | -42.73% |
| Current Drawdown | -2.43% | -2.53% |
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ANWPX vs. CAIBX - Expense Ratio Comparison
ANWPX has a 0.72% expense ratio, which is higher than CAIBX's 0.59% expense ratio.
Correlation
The correlation between ANWPX and CAIBX is 0.81, 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. CAIBX - 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 Capital Income Builder Class A (CAIBX). 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. CAIBX - Dividend Comparison
ANWPX's dividend yield for the trailing twelve months is around 0.80%, less than CAIBX's 3.15% 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% |
CAIBX American Funds Capital Income Builder Class A | 3.15% | 3.36% | 3.43% | 3.14% | 3.38% | 3.29% | 3.80% | 3.41% | 3.52% | 3.60% | 4.63% | 3.30% |
Drawdowns
ANWPX vs. CAIBX - Drawdown Comparison
The maximum ANWPX drawdown since its inception was -50.43%, which is greater than CAIBX's maximum drawdown of -42.73%. Use the drawdown chart below to compare losses from any high point for ANWPX and CAIBX. For additional features, visit the drawdowns tool.
Volatility
ANWPX vs. CAIBX - Volatility Comparison
American Funds New Perspective Fund Class A (ANWPX) has a higher volatility of 3.49% compared to American Funds Capital Income Builder Class A (CAIBX) at 1.90%. This indicates that ANWPX's price experiences larger fluctuations and is considered to be riskier than CAIBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.