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GWPAX vs. FFSG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GWPAX and FFSG is 0.80, 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.


-0.50.00.51.00.8

Performance

GWPAX vs. FFSG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds Growth Portfolio Class A (GWPAX) and FormulaFolios Smart Growth ETF (FFSG). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
6.63%
0
GWPAX
FFSG

Key characteristics

Returns By Period


GWPAX

YTD

20.28%

1M

0.15%

6M

6.63%

1Y

22.65%

5Y*

11.04%

10Y*

10.59%

FFSG

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

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GWPAX vs. FFSG - Expense Ratio Comparison

GWPAX has a 0.73% expense ratio, which is higher than FFSG's 0.69% expense ratio.


GWPAX
American Funds Growth Portfolio Class A
Expense ratio chart for GWPAX: current value at 0.73% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.73%
Expense ratio chart for FFSG: current value at 0.69% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.69%

Risk-Adjusted Performance

GWPAX vs. FFSG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds Growth Portfolio Class A (GWPAX) and FormulaFolios Smart Growth ETF (FFSG). 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.


Sharpe ratio
The chart of Sharpe ratio for GWPAX, currently valued at 1.48, compared to the broader market-1.000.001.002.003.004.001.48
The chart of Sortino ratio for GWPAX, currently valued at 2.01, compared to the broader market-2.000.002.004.006.008.0010.002.01
The chart of Omega ratio for GWPAX, currently valued at 1.27, compared to the broader market0.501.001.502.002.503.003.501.27
The chart of Calmar ratio for GWPAX, currently valued at 1.87, compared to the broader market0.002.004.006.008.0010.0012.0014.001.87
The chart of Martin ratio for GWPAX, currently valued at 9.41, compared to the broader market0.0020.0040.0060.009.41
GWPAX
FFSG


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
1.48
-1.00
GWPAX
FFSG

Dividends

GWPAX vs. FFSG - Dividend Comparison

GWPAX's dividend yield for the trailing twelve months is around 0.58%, while FFSG has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
GWPAX
American Funds Growth Portfolio Class A
0.58%0.70%0.35%0.03%0.44%0.84%1.00%0.70%1.01%0.73%3.99%1.36%
FFSG
FormulaFolios Smart Growth ETF
0.00%1.89%0.97%1.60%1.16%1.52%1.71%0.62%0.00%0.00%0.00%0.00%

Drawdowns

GWPAX vs. FFSG - Drawdown Comparison


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.31%
-10.46%
GWPAX
FFSG

Volatility

GWPAX vs. FFSG - Volatility Comparison

American Funds Growth Portfolio Class A (GWPAX) has a higher volatility of 4.42% compared to FormulaFolios Smart Growth ETF (FFSG) at 0.00%. This indicates that GWPAX's price experiences larger fluctuations and is considered to be riskier than FFSG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
4.42%
0
GWPAX
FFSG
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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