FNPFX vs. SPMO
Compare and contrast key facts about American Funds New Perspective Fund Class F-3 (FNPFX) and Invesco S&P 500® Momentum ETF (SPMO).
FNPFX is managed by American Funds. It was launched on Mar 13, 1973. SPMO is a passively managed fund by Invesco that tracks the performance of the S&P 500 Momentum Index. It was launched on Oct 9, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNPFX or SPMO.
Correlation
The correlation between FNPFX and SPMO is 0.84, 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. SPMO - Performance Comparison
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Key characteristics
FNPFX:
0.47
SPMO:
1.27
FNPFX:
0.78
SPMO:
1.80
FNPFX:
1.11
SPMO:
1.26
FNPFX:
0.40
SPMO:
1.56
FNPFX:
1.70
SPMO:
5.64
FNPFX:
5.44%
SPMO:
5.57%
FNPFX:
19.00%
SPMO:
24.99%
FNPFX:
-38.45%
SPMO:
-30.95%
FNPFX:
-6.82%
SPMO:
0.00%
Returns By Period
In the year-to-date period, FNPFX achieves a 5.83% return, which is significantly lower than SPMO's 9.49% return.
FNPFX
5.83%
12.42%
0.16%
8.80%
9.78%
N/A
SPMO
9.49%
15.60%
7.96%
31.57%
22.44%
N/A
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FNPFX vs. SPMO - Expense Ratio Comparison
FNPFX has a 0.41% expense ratio, which is higher than SPMO's 0.13% expense ratio.
Risk-Adjusted Performance
FNPFX vs. SPMO — Risk-Adjusted Performance Rank
FNPFX
SPMO
FNPFX vs. SPMO - 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 Invesco S&P 500® Momentum ETF (SPMO). 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.
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Dividends
FNPFX vs. SPMO - Dividend Comparison
FNPFX's dividend yield for the trailing twelve months is around 0.87%, more than SPMO's 0.49% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FNPFX American Funds New Perspective Fund Class F-3 | 0.87% | 0.92% | 1.25% | 1.21% | 0.65% | 0.40% | 1.31% | 1.55% | 0.77% | 0.00% | 0.00% |
SPMO Invesco S&P 500® Momentum ETF | 0.49% | 0.48% | 1.63% | 1.66% | 0.52% | 1.27% | 1.39% | 1.05% | 0.77% | 1.94% | 0.36% |
Drawdowns
FNPFX vs. SPMO - Drawdown Comparison
The maximum FNPFX drawdown since its inception was -38.45%, which is greater than SPMO's maximum drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for FNPFX and SPMO. For additional features, visit the drawdowns tool.
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Volatility
FNPFX vs. SPMO - Volatility Comparison
The current volatility for American Funds New Perspective Fund Class F-3 (FNPFX) is 5.08%, while Invesco S&P 500® Momentum ETF (SPMO) has a volatility of 7.27%. This indicates that FNPFX experiences smaller price fluctuations and is considered to be less risky than SPMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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