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FNPFX vs. BKLC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FNPFXBKLC
YTD Return19.21%27.56%
1Y Return32.05%40.31%
3Y Return (Ann)2.96%10.50%
Sharpe Ratio2.043.18
Sortino Ratio2.964.26
Omega Ratio1.421.59
Calmar Ratio1.704.67
Martin Ratio13.1621.21
Ulcer Index2.37%1.85%
Daily Std Dev15.23%12.35%
Max Drawdown-34.25%-26.14%
Current Drawdown-0.10%0.00%

Correlation

-0.50.00.51.00.9

The correlation between FNPFX and BKLC 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.

Performance

FNPFX vs. BKLC - Performance Comparison

In the year-to-date period, FNPFX achieves a 19.21% return, which is significantly lower than BKLC's 27.56% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


80.00%90.00%100.00%110.00%120.00%130.00%JuneJulyAugustSeptemberOctoberNovember
102.93%
132.24%
FNPFX
BKLC

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FNPFX vs. BKLC - Expense Ratio Comparison

FNPFX has a 0.41% expense ratio, which is higher than BKLC's 0.00% expense ratio.


FNPFX
American Funds New Perspective Fund Class F-3
Expense ratio chart for FNPFX: current value at 0.41% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.41%
Expense ratio chart for BKLC: current value at 0.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.00%

Risk-Adjusted Performance

FNPFX vs. BKLC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds New Perspective Fund Class F-3 (FNPFX) and BNY Mellon US Large Cap Core Equity ETF (BKLC). 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.


FNPFX
Sharpe ratio
The chart of Sharpe ratio for FNPFX, currently valued at 2.04, compared to the broader market0.002.004.002.04
Sortino ratio
The chart of Sortino ratio for FNPFX, currently valued at 2.96, compared to the broader market0.005.0010.002.96
Omega ratio
The chart of Omega ratio for FNPFX, currently valued at 1.42, compared to the broader market1.002.003.004.001.42
Calmar ratio
The chart of Calmar ratio for FNPFX, currently valued at 1.70, compared to the broader market0.005.0010.0015.0020.001.70
Martin ratio
The chart of Martin ratio for FNPFX, currently valued at 13.16, compared to the broader market0.0020.0040.0060.0080.00100.0013.16
BKLC
Sharpe ratio
The chart of Sharpe ratio for BKLC, currently valued at 3.18, compared to the broader market0.002.004.003.18
Sortino ratio
The chart of Sortino ratio for BKLC, currently valued at 4.26, compared to the broader market0.005.0010.004.26
Omega ratio
The chart of Omega ratio for BKLC, currently valued at 1.59, compared to the broader market1.002.003.004.001.59
Calmar ratio
The chart of Calmar ratio for BKLC, currently valued at 4.67, compared to the broader market0.005.0010.0015.0020.004.67
Martin ratio
The chart of Martin ratio for BKLC, currently valued at 21.21, compared to the broader market0.0020.0040.0060.0080.00100.0021.21

FNPFX vs. BKLC - Sharpe Ratio Comparison

The current FNPFX Sharpe Ratio is 2.04, which is lower than the BKLC Sharpe Ratio of 3.18. The chart below compares the historical Sharpe Ratios of FNPFX and BKLC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.04
3.18
FNPFX
BKLC

Dividends

FNPFX vs. BKLC - Dividend Comparison

FNPFX's dividend yield for the trailing twelve months is around 1.05%, less than BKLC's 1.19% yield.


TTM2023202220212020201920182017
FNPFX
American Funds New Perspective Fund Class F-3
1.05%1.25%1.21%0.65%0.40%1.31%1.55%0.77%
BKLC
BNY Mellon US Large Cap Core Equity ETF
1.19%1.35%1.64%1.10%0.84%0.00%0.00%0.00%

Drawdowns

FNPFX vs. BKLC - Drawdown Comparison

The maximum FNPFX drawdown since its inception was -34.25%, which is greater than BKLC's maximum drawdown of -26.14%. Use the drawdown chart below to compare losses from any high point for FNPFX and BKLC. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.10%
0
FNPFX
BKLC

Volatility

FNPFX vs. BKLC - Volatility Comparison

The current volatility for American Funds New Perspective Fund Class F-3 (FNPFX) is 3.36%, while BNY Mellon US Large Cap Core Equity ETF (BKLC) has a volatility of 4.02%. This indicates that FNPFX experiences smaller price fluctuations and is considered to be less risky than BKLC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
3.36%
4.02%
FNPFX
BKLC