NEWFX vs. ANWPX
Compare and contrast key facts about American Funds New World Fund (NEWFX) and American Funds New Perspective Fund Class A (ANWPX).
NEWFX is managed by American Funds. It was launched on Jun 16, 1999. ANWPX is managed by American Funds. It was launched on Mar 13, 1973.
Performance
NEWFX vs. ANWPX - Performance Comparison
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NEWFX vs. ANWPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NEWFX American Funds New World Fund | -1.57% | 28.16% | 6.45% | 15.75% | -22.08% | 4.69% | 24.79% | 27.51% | -12.32% | 32.56% |
ANWPX American Funds New Perspective Fund Class A | -5.30% | 21.33% | 16.76% | 24.63% | -25.92% | 17.64% | 33.42% | 30.10% | -5.99% | 28.91% |
Returns By Period
In the year-to-date period, NEWFX achieves a -1.57% return, which is significantly higher than ANWPX's -5.30% return. Over the past 10 years, NEWFX has underperformed ANWPX with an annualized return of 9.32%, while ANWPX has yielded a comparatively higher 12.32% annualized return.
NEWFX
- 1D
- 2.62%
- 1M
- -8.59%
- YTD
- -1.57%
- 6M
- 1.91%
- 1Y
- 23.53%
- 3Y*
- 13.41%
- 5Y*
- 4.37%
- 10Y*
- 9.32%
ANWPX
- 1D
- 3.10%
- 1M
- -6.93%
- YTD
- -5.30%
- 6M
- -3.65%
- 1Y
- 16.52%
- 3Y*
- 14.90%
- 5Y*
- 7.06%
- 10Y*
- 12.32%
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NEWFX vs. ANWPX - Expense Ratio Comparison
NEWFX has a 0.96% expense ratio, which is higher than ANWPX's 0.72% expense ratio.
Return for Risk
NEWFX vs. ANWPX — Risk / Return Rank
NEWFX
ANWPX
NEWFX vs. ANWPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds New World Fund (NEWFX) and American Funds New Perspective Fund Class A (ANWPX). 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.
| NEWFX | ANWPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.56 | 1.01 | +0.54 |
Sortino ratioReturn per unit of downside risk | 2.16 | 1.55 | +0.61 |
Omega ratioGain probability vs. loss probability | 1.31 | 1.21 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | 1.79 | 1.42 | +0.37 |
Martin ratioReturn relative to average drawdown | 7.45 | 5.78 | +1.67 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NEWFX | ANWPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.56 | 1.01 | +0.54 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.29 | 0.41 | -0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | 0.70 | -0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.65 | -0.16 |
Correlation
The correlation between NEWFX and ANWPX is 0.89, 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
NEWFX vs. ANWPX - Dividend Comparison
NEWFX's dividend yield for the trailing twelve months is around 5.80%, less than ANWPX's 6.94% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEWFX American Funds New World Fund | 5.80% | 5.71% | 3.66% | 2.46% | 0.89% | 6.89% | 0.10% | 3.65% | 2.26% | 1.90% | 0.92% | 0.60% |
ANWPX American Funds New Perspective Fund Class A | 6.94% | 6.57% | 5.13% | 5.36% | 4.16% | 7.01% | 4.13% | 3.67% | 7.59% | 5.50% | 3.86% | 6.14% |
Drawdowns
NEWFX vs. ANWPX - Drawdown Comparison
The maximum NEWFX drawdown since its inception was -56.71%, which is greater than ANWPX's maximum drawdown of -52.34%. Use the drawdown chart below to compare losses from any high point for NEWFX and ANWPX.
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Drawdown Indicators
| NEWFX | ANWPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.71% | -52.34% | -4.37% |
Max Drawdown (1Y)Largest decline over 1 year | -13.03% | -11.75% | -1.28% |
Max Drawdown (5Y)Largest decline over 5 years | -33.68% | -34.45% | +0.77% |
Max Drawdown (10Y)Largest decline over 10 years | -33.68% | -34.45% | +0.77% |
Current DrawdownCurrent decline from peak | -10.76% | -8.73% | -2.03% |
Average DrawdownAverage peak-to-trough decline | -11.80% | -8.13% | -3.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.14% | 2.89% | +0.25% |
Volatility
NEWFX vs. ANWPX - Volatility Comparison
American Funds New World Fund (NEWFX) has a higher volatility of 7.10% compared to American Funds New Perspective Fund Class A (ANWPX) at 6.24%. This indicates that NEWFX's price experiences larger fluctuations and is considered to be riskier than ANWPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NEWFX | ANWPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.10% | 6.24% | +0.86% |
Volatility (6M)Calculated over the trailing 6-month period | 11.01% | 10.32% | +0.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.63% | 17.02% | -1.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.17% | 17.15% | -1.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.98% | 17.77% | -1.79% |