PRJZX vs. ANWPX
Compare and contrast key facts about PGIM Jennison Global Opportunities Fund (PRJZX) and American Funds New Perspective Fund Class A (ANWPX).
PRJZX is managed by PGIM Investments. It was launched on Mar 13, 2012. ANWPX is managed by American Funds. It was launched on Mar 13, 1973.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRJZX or ANWPX.
Correlation
The correlation between PRJZX 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.
Performance
PRJZX vs. ANWPX - Performance Comparison
Key characteristics
PRJZX:
0.35
ANWPX:
0.91
PRJZX:
0.60
ANWPX:
1.26
PRJZX:
1.08
ANWPX:
1.17
PRJZX:
0.29
ANWPX:
0.64
PRJZX:
1.42
ANWPX:
4.11
PRJZX:
4.86%
ANWPX:
3.09%
PRJZX:
19.72%
ANWPX:
13.92%
PRJZX:
-52.78%
ANWPX:
-50.43%
PRJZX:
-15.96%
ANWPX:
-8.81%
Returns By Period
In the year-to-date period, PRJZX achieves a 1.95% return, which is significantly lower than ANWPX's 4.60% return. Over the past 10 years, PRJZX has outperformed ANWPX with an annualized return of 12.29%, while ANWPX has yielded a comparatively lower 6.20% annualized return.
PRJZX
1.95%
-3.35%
-3.31%
4.21%
9.10%
12.29%
ANWPX
4.60%
0.46%
1.33%
10.46%
6.28%
6.20%
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PRJZX vs. ANWPX - Expense Ratio Comparison
PRJZX has a 0.93% expense ratio, which is higher than ANWPX's 0.72% expense ratio.
Risk-Adjusted Performance
PRJZX vs. ANWPX — Risk-Adjusted Performance Rank
PRJZX
ANWPX
PRJZX vs. ANWPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Jennison Global Opportunities Fund (PRJZX) 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.
Dividends
PRJZX vs. ANWPX - Dividend Comparison
PRJZX has not paid dividends to shareholders, while ANWPX's dividend yield for the trailing twelve months is around 0.57%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRJZX PGIM Jennison Global Opportunities Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.42% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ANWPX American Funds New Perspective Fund Class A | 0.57% | 0.59% | 0.94% | 0.84% | 0.33% | 0.13% | 1.01% | 1.18% | 0.45% | 0.82% | 0.72% | 7.58% |
Drawdowns
PRJZX vs. ANWPX - Drawdown Comparison
The maximum PRJZX drawdown since its inception was -52.78%, roughly equal to the maximum ANWPX drawdown of -50.43%. Use the drawdown chart below to compare losses from any high point for PRJZX and ANWPX. For additional features, visit the drawdowns tool.
Volatility
PRJZX vs. ANWPX - Volatility Comparison
PGIM Jennison Global Opportunities Fund (PRJZX) has a higher volatility of 7.09% compared to American Funds New Perspective Fund Class A (ANWPX) at 3.49%. This indicates that PRJZX'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.