PRLAX vs. ANWPX
Compare and contrast key facts about T. Rowe Price Latin America Fund (PRLAX) and American Funds New Perspective Fund Class A (ANWPX).
PRLAX is managed by T. Rowe Price. It was launched on Dec 28, 1993. 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: PRLAX or ANWPX.
Correlation
The correlation between PRLAX and ANWPX is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PRLAX vs. ANWPX - Performance Comparison
Key characteristics
PRLAX:
-0.55
ANWPX:
1.18
PRLAX:
-0.64
ANWPX:
1.58
PRLAX:
0.92
ANWPX:
1.22
PRLAX:
-0.16
ANWPX:
0.82
PRLAX:
-0.87
ANWPX:
5.33
PRLAX:
11.62%
ANWPX:
3.07%
PRLAX:
18.35%
ANWPX:
13.90%
PRLAX:
-75.91%
ANWPX:
-50.43%
PRLAX:
-59.22%
ANWPX:
-7.24%
Returns By Period
In the year-to-date period, PRLAX achieves a 14.66% return, which is significantly higher than ANWPX's 6.41% return. Over the past 10 years, PRLAX has underperformed ANWPX with an annualized return of 0.51%, while ANWPX has yielded a comparatively higher 6.60% annualized return.
PRLAX
14.66%
8.89%
-7.92%
-10.99%
-2.48%
0.51%
ANWPX
6.41%
5.41%
4.68%
13.80%
6.41%
6.60%
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PRLAX vs. ANWPX - Expense Ratio Comparison
PRLAX has a 1.46% expense ratio, which is higher than ANWPX's 0.72% expense ratio.
Risk-Adjusted Performance
PRLAX vs. ANWPX — Risk-Adjusted Performance Rank
PRLAX
ANWPX
PRLAX vs. ANWPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Latin America Fund (PRLAX) 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
PRLAX vs. ANWPX - Dividend Comparison
PRLAX's dividend yield for the trailing twelve months is around 3.22%, less than ANWPX's 4.82% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRLAX T. Rowe Price Latin America Fund | 3.22% | 3.70% | 2.44% | 3.10% | 3.83% | 0.91% | 2.03% | 1.46% | 1.02% | 1.45% | 0.80% | 1.87% |
ANWPX American Funds New Perspective Fund Class A | 4.82% | 5.13% | 5.36% | 4.16% | 7.01% | 4.13% | 3.67% | 7.59% | 5.50% | 3.86% | 6.14% | 7.58% |
Drawdowns
PRLAX vs. ANWPX - Drawdown Comparison
The maximum PRLAX drawdown since its inception was -75.91%, which is greater than ANWPX's maximum drawdown of -50.43%. Use the drawdown chart below to compare losses from any high point for PRLAX and ANWPX. For additional features, visit the drawdowns tool.
Volatility
PRLAX vs. ANWPX - Volatility Comparison
T. Rowe Price Latin America Fund (PRLAX) has a higher volatility of 4.58% compared to American Funds New Perspective Fund Class A (ANWPX) at 3.48%. This indicates that PRLAX'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.