CWBFX vs. ANWPX
Compare and contrast key facts about American Funds Capital World Bond Fund (CWBFX) and American Funds New Perspective Fund Class A (ANWPX).
CWBFX is managed by American Funds. It was launched on Aug 3, 1987. ANWPX is managed by American Funds. It was launched on Mar 13, 1973.
Performance
CWBFX vs. ANWPX - Performance Comparison
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CWBFX vs. ANWPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CWBFX American Funds Capital World Bond Fund | -2.08% | 7.78% | -3.25% | 5.81% | -17.52% | -5.17% | 9.91% | 7.66% | -1.81% | 7.26% |
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, CWBFX achieves a -2.08% return, which is significantly higher than ANWPX's -5.30% return. Over the past 10 years, CWBFX has underperformed ANWPX with an annualized return of 0.20%, while ANWPX has yielded a comparatively higher 12.32% annualized return.
CWBFX
- 1D
- 0.57%
- 1M
- -2.97%
- YTD
- -2.08%
- 6M
- -2.02%
- 1Y
- 2.27%
- 3Y*
- 1.69%
- 5Y*
- -2.42%
- 10Y*
- 0.20%
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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CWBFX vs. ANWPX - Expense Ratio Comparison
CWBFX has a 0.95% expense ratio, which is higher than ANWPX's 0.72% expense ratio.
Return for Risk
CWBFX vs. ANWPX — Risk / Return Rank
CWBFX
ANWPX
CWBFX vs. ANWPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Capital World Bond Fund (CWBFX) 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.
| CWBFX | ANWPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.46 | 1.01 | -0.55 |
Sortino ratioReturn per unit of downside risk | 0.69 | 1.55 | -0.86 |
Omega ratioGain probability vs. loss probability | 1.08 | 1.21 | -0.13 |
Calmar ratioReturn relative to maximum drawdown | 0.70 | 1.42 | -0.72 |
Martin ratioReturn relative to average drawdown | 2.42 | 5.78 | -3.36 |
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
| CWBFX | ANWPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.46 | 1.01 | -0.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.37 | 0.41 | -0.79 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.04 | 0.70 | -0.66 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.85 | 0.65 | +0.20 |
Correlation
The correlation between CWBFX and ANWPX is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
CWBFX vs. ANWPX - Dividend Comparison
CWBFX's dividend yield for the trailing twelve months is around 2.83%, less than ANWPX's 6.94% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CWBFX American Funds Capital World Bond Fund | 2.83% | 2.68% | 3.01% | 2.47% | 1.99% | 2.63% | 3.18% | 2.26% | 1.87% | 1.80% | 2.05% | 0.58% |
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
CWBFX vs. ANWPX - Drawdown Comparison
The maximum CWBFX drawdown since its inception was -27.91%, smaller than the maximum ANWPX drawdown of -52.34%. Use the drawdown chart below to compare losses from any high point for CWBFX and ANWPX.
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Drawdown Indicators
| CWBFX | ANWPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.91% | -52.34% | +24.43% |
Max Drawdown (1Y)Largest decline over 1 year | -4.45% | -11.75% | +7.30% |
Max Drawdown (5Y)Largest decline over 5 years | -26.34% | -34.45% | +8.11% |
Max Drawdown (10Y)Largest decline over 10 years | -27.91% | -34.45% | +6.54% |
Current DrawdownCurrent decline from peak | -15.72% | -8.73% | -6.99% |
Average DrawdownAverage peak-to-trough decline | -4.14% | -8.13% | +3.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.28% | 2.89% | -1.61% |
Volatility
CWBFX vs. ANWPX - Volatility Comparison
The current volatility for American Funds Capital World Bond Fund (CWBFX) is 2.07%, while American Funds New Perspective Fund Class A (ANWPX) has a volatility of 6.24%. This indicates that CWBFX 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
| CWBFX | ANWPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.07% | 6.24% | -4.17% |
Volatility (6M)Calculated over the trailing 6-month period | 3.14% | 10.32% | -7.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.50% | 17.02% | -11.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.50% | 17.15% | -10.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.63% | 17.77% | -12.14% |