FNPFX vs. PSILX
Compare and contrast key facts about American Funds New Perspective Fund Class F-3 (FNPFX) and T. Rowe Price Spectrum International Equity Fund (PSILX).
FNPFX is managed by American Funds. It was launched on Mar 13, 1973. PSILX is managed by T. Rowe Price. It was launched on Dec 31, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNPFX or PSILX.
Key characteristics
| FNPFX | PSILX | |
|---|---|---|
| YTD Return | 15.21% | 9.10% |
| 1Y Return | 24.32% | 15.87% |
| 3Y Return (Ann) | 3.26% | -0.33% |
| 5Y Return (Ann) | 12.96% | 5.90% |
| Sharpe Ratio | 1.53 | 1.24 |
| Daily Std Dev | 15.55% | 12.26% |
| Max Drawdown | -34.25% | -61.38% |
| Current Drawdown | -0.56% | -3.50% |
Correlation
The correlation between FNPFX and PSILX is 0.88, 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. PSILX - Performance Comparison
In the year-to-date period, FNPFX achieves a 15.21% return, which is significantly higher than PSILX's 9.10% 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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FNPFX vs. PSILX - Expense Ratio Comparison
FNPFX has a 0.41% expense ratio, which is lower than PSILX's 0.89% expense ratio.
Risk-Adjusted Performance
FNPFX vs. PSILX - 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 T. Rowe Price Spectrum International Equity Fund (PSILX). 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
FNPFX vs. PSILX - Dividend Comparison
FNPFX's dividend yield for the trailing twelve months is around 4.93%, more than PSILX's 1.72% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNPFX American Funds New Perspective Fund Class F-3 | 4.93% | 5.68% | 4.53% | 7.32% | 4.41% | 3.98% | 7.95% | 5.82% | 0.00% | 0.00% | 0.00% | 0.00% |
PSILX T. Rowe Price Spectrum International Equity Fund | 1.72% | 1.88% | 6.67% | 3.49% | 0.88% | 3.49% | 6.69% | 1.95% | 1.94% | 1.44% | 3.82% | 1.45% |
Drawdowns
FNPFX vs. PSILX - Drawdown Comparison
The maximum FNPFX drawdown since its inception was -34.25%, smaller than the maximum PSILX drawdown of -61.38%. Use the drawdown chart below to compare losses from any high point for FNPFX and PSILX. For additional features, visit the drawdowns tool.
Volatility
FNPFX vs. PSILX - Volatility Comparison
American Funds New Perspective Fund Class F-3 (FNPFX) and T. Rowe Price Spectrum International Equity Fund (PSILX) have volatilities of 4.13% and 4.10%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.