PRJZX vs. ANWPX

Last updated Apr 2, 2026

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. It was launched on Mar 13, 2012. ANWPX is managed by American Funds. It was launched on Mar 13, 1973.

Performance

PRJZX vs. ANWPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM Jennison Global Opportunities Fund (PRJZX) and American Funds New Perspective Fund Class A (ANWPX). The values are adjusted to include any dividend payments, if applicable.

PRJZX vs. ANWPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PRJZX PGIM Jennison Global Opportunities Fund	-11.71%	4.91%	28.69%	41.55%	-39.60%	7.45%	74.45%	34.13%	-2.61%	43.35%
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, PRJZX achieves a -11.71% return, which is significantly lower than ANWPX's -5.30% return. Over the past 10 years, PRJZX has outperformed ANWPX with an annualized return of 13.80%, while ANWPX has yielded a comparatively lower 12.32% annualized return.

PRJZX

• 1D: 4.81%
• 1M: -6.08%
• YTD: -11.71%
• 6M: -15.50%
• 1Y: 3.73%
• 3Y*: 12.42%
• 5Y*: 2.82%
• 10Y*: 13.80%

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%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PRJZX vs. ANWPX - Expense Ratio Comparison

PRJZX has a 0.93% expense ratio, which is higher than ANWPX's 0.72% expense ratio.

PRJZX

PGIM Jennison Global Opportunities Fund

ANWPX

American Funds New Perspective Fund Class A

Return for Risk

PRJZX vs. ANWPX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PRJZX

PRJZX Risk / Return Rank: 8
PRJZX Sharpe Ratio Rank: 7
PRJZX Sortino Ratio Rank: 8
PRJZX Omega Ratio Rank: 8
PRJZX Calmar Ratio Rank: 8
PRJZX Martin Ratio Rank: 8

ANWPX

ANWPX Risk / Return Rank: 55
ANWPX Sharpe Ratio Rank: 52
ANWPX Sortino Ratio Rank: 57
ANWPX Omega Ratio Rank: 50
ANWPX Calmar Ratio Rank: 58
ANWPX Martin Ratio Rank: 59

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PRJZX vs. ANWPX - Risk-Adjusted Trends 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.

	PRJZX	ANWPX	Difference
Sharpe ratio Return per unit of total volatility	0.18	1.01	-0.83
Sortino ratio Return per unit of downside risk	0.43	1.55	-1.11
Omega ratio Gain probability vs. loss probability	1.06	1.21	-0.16
Calmar ratio Return relative to maximum drawdown	0.15	1.42	-1.27
Martin ratio Return relative to average drawdown	0.50	5.78	-5.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PRJZX vs. ANWPX - Sharpe Ratio Comparison

The current PRJZX Sharpe Ratio is 0.18, which is lower than the ANWPX Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of PRJZX and ANWPX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PRJZX	ANWPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.18	1.01	-0.83
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.12	0.41	-0.29
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	0.70	-0.10
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.65	-0.05

Correlation

The correlation between PRJZX and ANWPX is 0.90, 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

PRJZX vs. ANWPX - Dividend Comparison

PRJZX's dividend yield for the trailing twelve months is around 28.01%, more than ANWPX's 6.94% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PRJZX PGIM Jennison Global Opportunities Fund	28.01%	24.73%	10.59%	0.00%	0.00%	10.12%	1.59%	2.42%	0.00%	0.00%	0.00%	0.00%
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

PRJZX vs. ANWPX - Drawdown Comparison

The maximum PRJZX drawdown since its inception was -48.22%, smaller than the maximum ANWPX drawdown of -52.34%. Use the drawdown chart below to compare losses from any high point for PRJZX and ANWPX.

Drawdown Indicators

	PRJZX	ANWPX	Difference
Max Drawdown Largest peak-to-trough decline	-48.22%	-52.34%	+4.12%
Max Drawdown (1Y) Largest decline over 1 year	-21.57%	-11.75%	-9.82%
Max Drawdown (5Y) Largest decline over 5 years	-48.22%	-34.45%	-13.77%
Max Drawdown (10Y) Largest decline over 10 years	-48.22%	-34.45%	-13.77%
Current Drawdown Current decline from peak	-17.80%	-8.73%	-9.07%
Average Drawdown Average peak-to-trough decline	-10.05%	-8.13%	-1.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.55%	2.89%	+3.66%

Volatility

PRJZX vs. ANWPX - Volatility Comparison

PGIM Jennison Global Opportunities Fund (PRJZX) has a higher volatility of 9.28% compared to American Funds New Perspective Fund Class A (ANWPX) at 6.24%. 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.

Volatility by Period

	PRJZX	ANWPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.28%	6.24%	+3.04%
Volatility (6M) Calculated over the trailing 6-month period	15.16%	10.32%	+4.84%
Volatility (1Y) Calculated over the trailing 1-year period	22.71%	17.02%	+5.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.86%	17.15%	+6.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.07%	17.77%	+5.30%