RNPGX vs. FTIHX
Compare and contrast key facts about American Funds New Perspective Fund Class R-6 (RNPGX) and Fidelity Total International Index Fund (FTIHX).
RNPGX is managed by American Funds. It was launched on Aug 1, 2008. FTIHX is a passively managed fund by Fidelity that tracks the performance of the MSCI ACWI (All Country World Index) ex USA Investable Market Index. It was launched on Jun 7, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RNPGX or FTIHX.
Correlation
The correlation between RNPGX and FTIHX is 0.87, 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
RNPGX vs. FTIHX - Performance Comparison
Key characteristics
RNPGX:
0.98
FTIHX:
0.39
RNPGX:
1.32
FTIHX:
0.61
RNPGX:
1.19
FTIHX:
1.08
RNPGX:
1.21
FTIHX:
0.45
RNPGX:
6.43
FTIHX:
1.51
RNPGX:
2.15%
FTIHX:
3.26%
RNPGX:
14.02%
FTIHX:
12.53%
RNPGX:
-34.25%
FTIHX:
-35.75%
RNPGX:
-8.62%
FTIHX:
-11.08%
Returns By Period
In the year-to-date period, RNPGX achieves a 11.68% return, which is significantly higher than FTIHX's 1.90% return.
RNPGX
11.68%
-4.35%
-0.08%
12.44%
10.50%
11.10%
FTIHX
1.90%
-4.01%
-2.97%
3.40%
3.64%
N/A
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RNPGX vs. FTIHX - Expense Ratio Comparison
RNPGX has a 0.42% expense ratio, which is higher than FTIHX's 0.06% expense ratio.
Risk-Adjusted Performance
RNPGX vs. FTIHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds New Perspective Fund Class R-6 (RNPGX) and Fidelity Total International Index Fund (FTIHX). 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
RNPGX vs. FTIHX - Dividend Comparison
Neither RNPGX nor FTIHX has paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
American Funds New Perspective Fund Class R-6 | 0.00% | 1.25% | 1.21% | 0.65% | 0.40% | 1.81% | 1.55% | 0.75% | 1.16% | 1.05% | 8.26% | 6.90% |
Fidelity Total International Index Fund | 0.00% | 2.78% | 2.51% | 2.55% | 1.62% | 2.61% | 2.21% | 1.36% | 0.40% | 0.00% | 0.00% | 0.00% |
Drawdowns
RNPGX vs. FTIHX - Drawdown Comparison
The maximum RNPGX drawdown since its inception was -34.25%, roughly equal to the maximum FTIHX drawdown of -35.75%. Use the drawdown chart below to compare losses from any high point for RNPGX and FTIHX. For additional features, visit the drawdowns tool.
Volatility
RNPGX vs. FTIHX - Volatility Comparison
American Funds New Perspective Fund Class R-6 (RNPGX) has a higher volatility of 7.10% compared to Fidelity Total International Index Fund (FTIHX) at 4.28%. This indicates that RNPGX's price experiences larger fluctuations and is considered to be riskier than FTIHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.