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ANWPX vs. PRASX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ANWPX and PRASX is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

ANWPX vs. PRASX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds New Perspective Fund Class A (ANWPX) and T. Rowe Price New Asia Fund (PRASX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

ANWPX:

0.43

PRASX:

0.35

Sortino Ratio

ANWPX:

0.77

PRASX:

0.72

Omega Ratio

ANWPX:

1.11

PRASX:

1.09

Calmar Ratio

ANWPX:

0.38

PRASX:

0.17

Martin Ratio

ANWPX:

1.65

PRASX:

1.16

Ulcer Index

ANWPX:

5.48%

PRASX:

6.61%

Daily Std Dev

ANWPX:

18.98%

PRASX:

18.05%

Max Drawdown

ANWPX:

-50.43%

PRASX:

-80.70%

Current Drawdown

ANWPX:

-6.82%

PRASX:

-35.29%

Returns By Period

In the year-to-date period, ANWPX achieves a 6.89% return, which is significantly higher than PRASX's 6.45% return. Over the past 10 years, ANWPX has outperformed PRASX with an annualized return of 6.04%, while PRASX has yielded a comparatively lower 0.95% annualized return.


ANWPX

YTD

6.89%

1M

13.37%

6M

3.41%

1Y

8.10%

5Y*

9.04%

10Y*

6.04%

PRASX

YTD

6.45%

1M

10.00%

6M

6.91%

1Y

5.78%

5Y*

0.86%

10Y*

0.95%

*Annualized

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ANWPX vs. PRASX - Expense Ratio Comparison

ANWPX has a 0.72% expense ratio, which is lower than PRASX's 0.99% expense ratio.


Risk-Adjusted Performance

ANWPX vs. PRASX — Risk-Adjusted Performance Rank

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

ANWPX
The Risk-Adjusted Performance Rank of ANWPX is 4646
Overall Rank
The Sharpe Ratio Rank of ANWPX is 4646
Sharpe Ratio Rank
The Sortino Ratio Rank of ANWPX is 4646
Sortino Ratio Rank
The Omega Ratio Rank of ANWPX is 4646
Omega Ratio Rank
The Calmar Ratio Rank of ANWPX is 4747
Calmar Ratio Rank
The Martin Ratio Rank of ANWPX is 4848
Martin Ratio Rank

PRASX
The Risk-Adjusted Performance Rank of PRASX is 3737
Overall Rank
The Sharpe Ratio Rank of PRASX is 3939
Sharpe Ratio Rank
The Sortino Ratio Rank of PRASX is 4343
Sortino Ratio Rank
The Omega Ratio Rank of PRASX is 3838
Omega Ratio Rank
The Calmar Ratio Rank of PRASX is 3030
Calmar Ratio Rank
The Martin Ratio Rank of PRASX is 3838
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ANWPX vs. PRASX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds New Perspective Fund Class A (ANWPX) and T. Rowe Price New Asia Fund (PRASX). 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.


The current ANWPX Sharpe Ratio is 0.43, which is comparable to the PRASX Sharpe Ratio of 0.35. The chart below compares the historical Sharpe Ratios of ANWPX and PRASX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

ANWPX vs. PRASX - Dividend Comparison

ANWPX's dividend yield for the trailing twelve months is around 0.55%, less than PRASX's 0.99% yield.


TTM20242023202220212020201920182017201620152014
ANWPX
American Funds New Perspective Fund Class A
0.55%0.59%0.94%0.84%0.33%0.13%1.01%1.18%0.45%0.82%0.72%7.58%
PRASX
T. Rowe Price New Asia Fund
0.99%1.05%1.78%0.41%0.29%0.40%0.77%1.48%0.51%0.86%1.31%0.98%

Drawdowns

ANWPX vs. PRASX - Drawdown Comparison

The maximum ANWPX drawdown since its inception was -50.43%, smaller than the maximum PRASX drawdown of -80.70%. Use the drawdown chart below to compare losses from any high point for ANWPX and PRASX. For additional features, visit the drawdowns tool.


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Volatility

ANWPX vs. PRASX - Volatility Comparison

American Funds New Perspective Fund Class A (ANWPX) has a higher volatility of 4.61% compared to T. Rowe Price New Asia Fund (PRASX) at 4.13%. This indicates that ANWPX's price experiences larger fluctuations and is considered to be riskier than PRASX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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