NALFX vs. RNPGX
Compare and contrast key facts about New Alternatives Fund (NALFX) and American Funds New Perspective Fund Class R-6 (RNPGX).
NALFX is managed by New Alternatives. It was launched on Sep 2, 1982. RNPGX is managed by American Funds. It was launched on Aug 1, 2008.
Performance
NALFX vs. RNPGX - Performance Comparison
Loading graphics...
NALFX vs. RNPGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NALFX New Alternatives Fund | 8.31% | 28.13% | -6.03% | -2.49% | -15.87% | -4.78% | 61.74% | 36.98% | -6.91% | 21.24% |
RNPGX American Funds New Perspective Fund Class R-6 | -5.22% | 21.71% | 17.13% | 25.06% | -25.70% | 18.00% | 33.88% | 31.22% | -5.71% | 29.31% |
Returns By Period
In the year-to-date period, NALFX achieves a 8.31% return, which is significantly higher than RNPGX's -5.22% return. Over the past 10 years, NALFX has underperformed RNPGX with an annualized return of 10.36%, while RNPGX has yielded a comparatively higher 12.74% annualized return.
NALFX
- 1D
- 2.50%
- 1M
- -2.56%
- YTD
- 8.31%
- 6M
- 10.62%
- 1Y
- 31.32%
- 3Y*
- 6.67%
- 5Y*
- 0.93%
- 10Y*
- 10.36%
RNPGX
- 1D
- 3.11%
- 1M
- -6.91%
- YTD
- -5.22%
- 6M
- -3.48%
- 1Y
- 16.89%
- 3Y*
- 15.27%
- 5Y*
- 7.39%
- 10Y*
- 12.74%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
NALFX vs. RNPGX - Expense Ratio Comparison
NALFX has a 0.89% expense ratio, which is higher than RNPGX's 0.42% expense ratio.
Return for Risk
NALFX vs. RNPGX — Risk / Return Rank
NALFX
RNPGX
NALFX vs. RNPGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for New Alternatives Fund (NALFX) and American Funds New Perspective Fund Class R-6 (RNPGX). 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.
| NALFX | RNPGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.93 | 1.04 | +0.90 |
Sortino ratioReturn per unit of downside risk | 2.46 | 1.58 | +0.88 |
Omega ratioGain probability vs. loss probability | 1.36 | 1.22 | +0.15 |
Calmar ratioReturn relative to maximum drawdown | 2.88 | 1.45 | +1.43 |
Martin ratioReturn relative to average drawdown | 11.04 | 5.93 | +5.12 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| NALFX | RNPGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.93 | 1.04 | +0.90 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | 0.43 | -0.38 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | 0.72 | -0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.65 | -0.23 |
Correlation
The correlation between NALFX and RNPGX is 0.71, 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.
Dividends
NALFX vs. RNPGX - Dividend Comparison
NALFX's dividend yield for the trailing twelve months is around 1.08%, less than RNPGX's 7.25% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NALFX New Alternatives Fund | 1.08% | 1.17% | 2.04% | 4.47% | 4.63% | 5.14% | 4.93% | 5.55% | 6.62% | 4.16% | 3.71% | 1.71% |
RNPGX American Funds New Perspective Fund Class R-6 | 7.25% | 6.87% | 5.45% | 5.67% | 4.53% | 7.31% | 4.41% | 4.47% | 7.95% | 5.80% | 4.20% | 6.46% |
Drawdowns
NALFX vs. RNPGX - Drawdown Comparison
The maximum NALFX drawdown since its inception was -59.67%, which is greater than RNPGX's maximum drawdown of -34.25%. Use the drawdown chart below to compare losses from any high point for NALFX and RNPGX.
Loading graphics...
Drawdown Indicators
| NALFX | RNPGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.67% | -34.25% | -25.42% |
Max Drawdown (1Y)Largest decline over 1 year | -10.60% | -11.75% | +1.15% |
Max Drawdown (5Y)Largest decline over 5 years | -38.03% | -34.25% | -3.78% |
Max Drawdown (10Y)Largest decline over 10 years | -42.35% | -34.25% | -8.10% |
Current DrawdownCurrent decline from peak | -7.33% | -8.68% | +1.35% |
Average DrawdownAverage peak-to-trough decline | -14.89% | -5.59% | -9.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.76% | 2.88% | -0.12% |
Volatility
NALFX vs. RNPGX - Volatility Comparison
New Alternatives Fund (NALFX) has a higher volatility of 7.09% compared to American Funds New Perspective Fund Class R-6 (RNPGX) at 6.24%. This indicates that NALFX's price experiences larger fluctuations and is considered to be riskier than RNPGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| NALFX | RNPGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.09% | 6.24% | +0.85% |
Volatility (6M)Calculated over the trailing 6-month period | 10.83% | 10.33% | +0.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.45% | 17.03% | -0.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.72% | 17.15% | +0.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.92% | 17.77% | +0.15% |