ANWPX vs. PRASX
Compare and contrast key facts about American Funds New Perspective Fund Class A (ANWPX) and T. Rowe Price New Asia Fund (PRASX).
ANWPX is managed by American Funds. It was launched on Mar 13, 1973. PRASX is managed by T. Rowe Price. It was launched on Sep 27, 1990.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ANWPX or PRASX.
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
Key characteristics
ANWPX:
0.32
PRASX:
0.51
ANWPX:
0.56
PRASX:
0.82
ANWPX:
1.08
PRASX:
1.10
ANWPX:
0.26
PRASX:
0.20
ANWPX:
1.16
PRASX:
1.42
ANWPX:
5.25%
PRASX:
6.40%
ANWPX:
18.82%
PRASX:
17.97%
ANWPX:
-50.43%
PRASX:
-80.70%
ANWPX:
-14.23%
PRASX:
-39.29%
Returns By Period
In the year-to-date period, ANWPX achieves a -1.61% return, which is significantly lower than PRASX's -0.12% return. Over the past 10 years, ANWPX has outperformed PRASX with an annualized return of 5.18%, while PRASX has yielded a comparatively lower 0.03% annualized return.
ANWPX
-1.61%
-3.67%
-6.05%
4.32%
8.37%
5.18%
PRASX
-0.12%
-3.46%
-4.35%
6.91%
0.37%
0.03%
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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
ANWPX
PRASX
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.
Dividends
ANWPX vs. PRASX - Dividend Comparison
ANWPX's dividend yield for the trailing twelve months is around 5.22%, more than PRASX's 1.05% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ANWPX American Funds New Perspective Fund Class A | 5.22% | 5.13% | 5.36% | 4.16% | 7.01% | 4.13% | 3.67% | 7.59% | 5.50% | 3.86% | 6.14% | 7.58% |
PRASX T. Rowe Price New Asia Fund | 1.05% | 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.
Volatility
ANWPX vs. PRASX - Volatility Comparison
American Funds New Perspective Fund Class A (ANWPX) has a higher volatility of 12.44% compared to T. Rowe Price New Asia Fund (PRASX) at 9.73%. 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.