CBFAX vs. ANWPX
Compare and contrast key facts about American Funds Global Balanced Fund (CBFAX) and American Funds New Perspective Fund Class A (ANWPX).
CBFAX is managed by American Funds. It was launched on Jan 31, 2011. ANWPX is managed by American Funds. It was launched on Mar 13, 1973.
Performance
CBFAX vs. ANWPX - Performance Comparison
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CBFAX vs. ANWPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CBFAX American Funds Global Balanced Fund | -0.21% | 17.10% | 6.50% | 13.69% | -14.29% | 9.14% | 10.45% | 17.22% | -6.18% | 13.96% |
ANWPX American Funds New Perspective Fund Class A | -5.30% | 21.33% | 16.76% | 24.63% | -25.92% | 17.64% | 33.42% | 30.10% | -5.99% | 28.91% |
Returns By Period
In the year-to-date period, CBFAX achieves a -0.21% return, which is significantly higher than ANWPX's -5.30% return. Over the past 10 years, CBFAX has underperformed ANWPX with an annualized return of 6.57%, while ANWPX has yielded a comparatively higher 12.32% annualized return.
CBFAX
- 1D
- 1.83%
- 1M
- -4.52%
- YTD
- -0.21%
- 6M
- 2.21%
- 1Y
- 14.53%
- 3Y*
- 10.78%
- 5Y*
- 5.24%
- 10Y*
- 6.57%
ANWPX
- 1D
- 3.10%
- 1M
- -6.93%
- YTD
- -5.30%
- 6M
- -3.65%
- 1Y
- 16.52%
- 3Y*
- 14.90%
- 5Y*
- 7.06%
- 10Y*
- 12.32%
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CBFAX vs. ANWPX - Expense Ratio Comparison
CBFAX has a 0.84% expense ratio, which is higher than ANWPX's 0.72% expense ratio.
Return for Risk
CBFAX vs. ANWPX — Risk / Return Rank
CBFAX
ANWPX
CBFAX vs. ANWPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Global Balanced Fund (CBFAX) and American Funds New Perspective Fund Class A (ANWPX). 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.
| CBFAX | ANWPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.56 | 1.01 | +0.54 |
Sortino ratioReturn per unit of downside risk | 2.21 | 1.55 | +0.67 |
Omega ratioGain probability vs. loss probability | 1.31 | 1.21 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | 2.22 | 1.42 | +0.80 |
Martin ratioReturn relative to average drawdown | 9.00 | 5.78 | +3.22 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CBFAX | ANWPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.56 | 1.01 | +0.54 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.53 | 0.41 | +0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.63 | 0.70 | -0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.62 | 0.65 | -0.04 |
Correlation
The correlation between CBFAX and ANWPX is 0.92, 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
CBFAX vs. ANWPX - Dividend Comparison
CBFAX's dividend yield for the trailing twelve months is around 6.36%, less than ANWPX's 6.94% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CBFAX American Funds Global Balanced Fund | 6.36% | 6.32% | 5.50% | 1.58% | 1.49% | 6.01% | 1.21% | 1.83% | 2.25% | 3.11% | 1.93% | 3.20% |
ANWPX American Funds New Perspective Fund Class A | 6.94% | 6.57% | 5.13% | 5.36% | 4.16% | 7.01% | 4.13% | 3.67% | 7.59% | 5.50% | 3.86% | 6.14% |
Drawdowns
CBFAX vs. ANWPX - Drawdown Comparison
The maximum CBFAX drawdown since its inception was -23.35%, smaller than the maximum ANWPX drawdown of -52.34%. Use the drawdown chart below to compare losses from any high point for CBFAX and ANWPX.
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Drawdown Indicators
| CBFAX | ANWPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.35% | -52.34% | +28.99% |
Max Drawdown (1Y)Largest decline over 1 year | -6.73% | -11.75% | +5.02% |
Max Drawdown (5Y)Largest decline over 5 years | -22.56% | -34.45% | +11.89% |
Max Drawdown (10Y)Largest decline over 10 years | -23.35% | -34.45% | +11.10% |
Current DrawdownCurrent decline from peak | -5.02% | -8.73% | +3.71% |
Average DrawdownAverage peak-to-trough decline | -3.73% | -8.13% | +4.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.66% | 2.89% | -1.23% |
Volatility
CBFAX vs. ANWPX - Volatility Comparison
The current volatility for American Funds Global Balanced Fund (CBFAX) is 4.13%, while American Funds New Perspective Fund Class A (ANWPX) has a volatility of 6.24%. This indicates that CBFAX experiences smaller price fluctuations and is considered to be less risky than ANWPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CBFAX | ANWPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.13% | 6.24% | -2.11% |
Volatility (6M)Calculated over the trailing 6-month period | 6.33% | 10.32% | -3.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.58% | 17.02% | -7.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.86% | 17.15% | -7.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.42% | 17.77% | -7.35% |