BLPIX vs. FNWFX
Compare and contrast key facts about ProFunds Bull Investor Fund (BLPIX) and American Funds New World Fund Class F-3 (FNWFX).
BLPIX is managed by ProFunds. It was launched on Nov 30, 1997. FNWFX is managed by American Funds. It was launched on Jun 17, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BLPIX or FNWFX.
Key characteristics
| BLPIX | FNWFX | |
|---|---|---|
| YTD Return | 10.99% | 9.00% |
| 1Y Return | 26.01% | 17.23% |
| 3Y Return (Ann) | 8.44% | -0.10% |
| 5Y Return (Ann) | 12.90% | 8.37% |
| Sharpe Ratio | 2.36 | 1.47 |
| Daily Std Dev | 11.53% | 11.73% |
| Max Drawdown | -85.42% | -33.40% |
| Current Drawdown | -0.07% | -6.60% |
Correlation
The correlation between BLPIX and FNWFX 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.
Performance
BLPIX vs. FNWFX - Performance Comparison
In the year-to-date period, BLPIX achieves a 10.99% return, which is significantly higher than FNWFX's 9.00% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BLPIX vs. FNWFX - Expense Ratio Comparison
BLPIX has a 1.50% expense ratio, which is higher than FNWFX's 0.57% expense ratio.
Risk-Adjusted Performance
BLPIX vs. FNWFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds Bull Investor Fund (BLPIX) and American Funds New World Fund Class F-3 (FNWFX). 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
BLPIX vs. FNWFX - Dividend Comparison
BLPIX's dividend yield for the trailing twelve months is around 0.03%, less than FNWFX's 2.64% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
BLPIX ProFunds Bull Investor Fund | 0.03% | 0.03% | 0.98% | 8.95% | 5.79% | 1.64% | 0.62% | 0.00% |
FNWFX American Funds New World Fund Class F-3 | 2.64% | 2.88% | 1.33% | 7.32% | 0.43% | 4.04% | 2.70% | 2.27% |
Drawdowns
BLPIX vs. FNWFX - Drawdown Comparison
The maximum BLPIX drawdown since its inception was -85.42%, which is greater than FNWFX's maximum drawdown of -33.40%. Use the drawdown chart below to compare losses from any high point for BLPIX and FNWFX. For additional features, visit the drawdowns tool.
Volatility
BLPIX vs. FNWFX - Volatility Comparison
ProFunds Bull Investor Fund (BLPIX) has a higher volatility of 3.38% compared to American Funds New World Fund Class F-3 (FNWFX) at 3.16%. This indicates that BLPIX's price experiences larger fluctuations and is considered to be riskier than FNWFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.