ANWPX vs. CGGO

Last updated Apr 1, 2026

Compare and contrast key facts about American Funds New Perspective Fund Class A (ANWPX) and Capital Group Global Growth Equity ETF (CGGO).

ANWPX is managed by American Funds. It was launched on Mar 13, 1973. CGGO is an actively managed fund by Capital Group. It was launched on Feb 22, 2022.

Performance

ANWPX vs. CGGO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds New Perspective Fund Class A (ANWPX) and Capital Group Global Growth Equity ETF (CGGO). The values are adjusted to include any dividend payments, if applicable.

ANWPX vs. CGGO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
ANWPX American Funds New Perspective Fund Class A	-8.14%	21.33%	16.76%	24.63%	-13.83%
CGGO Capital Group Global Growth Equity ETF	-3.69%	21.08%	14.80%	23.43%	-13.12%

Returns By Period

In the year-to-date period, ANWPX achieves a -8.14% return, which is significantly lower than CGGO's -3.69% return.

ANWPX

• 1D: -0.18%
• 1M: -10.49%
• YTD: -8.14%
• 6M: -5.86%
• 1Y: 13.67%
• 3Y*: 13.74%
• 5Y*: 6.70%
• 10Y*: 11.98%

CGGO

• 1D: 3.92%
• 1M: -9.37%
• YTD: -3.69%
• 6M: -1.23%
• 1Y: 20.27%
• 3Y*: 14.61%
• 5Y*: —
• 10Y*: —

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

ANWPX vs. CGGO - Expense Ratio Comparison

ANWPX has a 0.72% expense ratio, which is higher than CGGO's 0.47% expense ratio.

ANWPX

American Funds New Perspective Fund Class A

CGGO

Capital Group Global Growth Equity ETF

Return for Risk

ANWPX vs. CGGO — Risk / Return Rank

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

ANWPX

ANWPX Risk / Return Rank: 38
ANWPX Sharpe Ratio Rank: 38
ANWPX Sortino Ratio Rank: 41
ANWPX Omega Ratio Rank: 37
ANWPX Calmar Ratio Rank: 35
ANWPX Martin Ratio Rank: 37

CGGO

CGGO Risk / Return Rank: 64
CGGO Sharpe Ratio Rank: 62
CGGO Sortino Ratio Rank: 64
CGGO Omega Ratio Rank: 63
CGGO Calmar Ratio Rank: 62
CGGO Martin Ratio Rank: 67

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. CGGO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds New Perspective Fund Class A (ANWPX) and Capital Group Global Growth Equity ETF (CGGO). 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	CGGO	Difference
Sharpe ratio Return per unit of total volatility	0.79	1.06	-0.27
Sortino ratio Return per unit of downside risk	1.23	1.57	-0.34
Omega ratio Gain probability vs. loss probability	1.17	1.22	-0.05
Calmar ratio Return relative to maximum drawdown	0.94	1.51	-0.57
Martin ratio Return relative to average drawdown	3.90	6.50	-2.61
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. CGGO - Sharpe Ratio Comparison

The current ANWPX Sharpe Ratio is 0.79, which is comparable to the CGGO Sharpe Ratio of 1.06. The chart below compares the historical Sharpe Ratios of ANWPX and CGGO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ANWPX	CGGO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.79	1.06	-0.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.39	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.68	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	0.51	+0.15

Correlation

The correlation between ANWPX and CGGO is 0.97, 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.

Dividends

ANWPX vs. CGGO - Dividend Comparison

ANWPX's dividend yield for the trailing twelve months is around 7.16%, more than CGGO's 2.10% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ANWPX American Funds New Perspective Fund Class A	7.16%	6.57%	5.13%	5.36%	4.16%	7.01%	4.13%	3.67%	7.59%	5.50%	3.86%	6.14%
CGGO Capital Group Global Growth Equity ETF	2.10%	2.03%	1.10%	0.76%	0.59%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

ANWPX vs. CGGO - Drawdown Comparison

The maximum ANWPX drawdown since its inception was -52.34%, which is greater than CGGO's maximum drawdown of -24.90%. Use the drawdown chart below to compare losses from any high point for ANWPX and CGGO.

Drawdown Indicators

	ANWPX	CGGO	Difference
Max Drawdown Largest peak-to-trough decline	-52.34%	-24.90%	-27.44%
Max Drawdown (1Y) Largest decline over 1 year	-11.75%	-13.15%	+1.40%
Max Drawdown (5Y) Largest decline over 5 years	-34.45%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.45%	—	—
Current Drawdown Current decline from peak	-11.48%	-9.74%	-1.74%
Average Drawdown Average peak-to-trough decline	-8.13%	-5.66%	-2.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.84%	3.06%	-0.22%

Volatility

ANWPX vs. CGGO - Volatility Comparison

The current volatility for American Funds New Perspective Fund Class A (ANWPX) is 5.13%, while Capital Group Global Growth Equity ETF (CGGO) has a volatility of 8.52%. This indicates that ANWPX experiences smaller price fluctuations and is considered to be less risky than CGGO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ANWPX	CGGO	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.13%	8.52%	-3.39%
Volatility (6M) Calculated over the trailing 6-month period	9.85%	12.75%	-2.90%
Volatility (1Y) Calculated over the trailing 1-year period	16.78%	19.27%	-2.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.09%	18.37%	-1.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.74%	18.37%	-0.63%