RNPGX vs. FXAIX
Compare and contrast key facts about American Funds New Perspective Fund Class R-6 (RNPGX) and Fidelity 500 Index Fund (FXAIX).
RNPGX is managed by American Funds. It was launched on Aug 1, 2008. FXAIX is a passively managed fund by Fidelity that tracks the performance of the S&P 500 Index. It was launched on Feb 17, 1988.
Performance
RNPGX vs. FXAIX - Performance Comparison
Loading graphics...
RNPGX vs. FXAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RNPGX American Funds New Perspective Fund Class R-6 | -5.22% | 21.71% | 17.13% | 25.06% | -25.70% | 18.00% | 33.88% | 31.22% | -5.71% | 29.31% |
FXAIX Fidelity 500 Index Fund | -4.34% | 17.84% | 25.01% | 26.29% | -18.14% | 28.71% | 18.42% | 31.48% | -4.43% | 21.82% |
Returns By Period
In the year-to-date period, RNPGX achieves a -5.22% return, which is significantly lower than FXAIX's -4.34% return. Over the past 10 years, RNPGX has underperformed FXAIX with an annualized return of 12.74%, while FXAIX has yielded a comparatively higher 14.08% annualized return.
RNPGX
- 1D
- 3.11%
- 1M
- -6.91%
- YTD
- -5.22%
- 6M
- -3.48%
- 1Y
- 16.89%
- 3Y*
- 15.27%
- 5Y*
- 7.39%
- 10Y*
- 12.74%
FXAIX
- 1D
- 2.92%
- 1M
- -5.02%
- YTD
- -4.34%
- 6M
- -2.14%
- 1Y
- 17.32%
- 3Y*
- 18.30%
- 5Y*
- 11.79%
- 10Y*
- 14.08%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RNPGX vs. FXAIX - Expense Ratio Comparison
RNPGX has a 0.42% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Return for Risk
RNPGX vs. FXAIX — Risk / Return Rank
RNPGX
FXAIX
RNPGX vs. FXAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds New Perspective Fund Class R-6 (RNPGX) and Fidelity 500 Index Fund (FXAIX). 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.
| RNPGX | FXAIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.04 | 0.97 | +0.06 |
Sortino ratioReturn per unit of downside risk | 1.58 | 1.49 | +0.09 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.23 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.45 | 1.52 | -0.07 |
Martin ratioReturn relative to average drawdown | 5.93 | 7.30 | -1.37 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| RNPGX | FXAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.04 | 0.97 | +0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | 0.70 | -0.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.72 | 0.78 | -0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.65 | 0.76 | -0.11 |
Correlation
The correlation between RNPGX and FXAIX is 0.92, 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
RNPGX vs. FXAIX - Dividend Comparison
RNPGX's dividend yield for the trailing twelve months is around 7.25%, more than FXAIX's 1.16% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RNPGX American Funds New Perspective Fund Class R-6 | 7.25% | 6.87% | 5.45% | 5.67% | 4.53% | 7.31% | 4.41% | 4.47% | 7.95% | 5.80% | 4.20% | 6.46% |
FXAIX Fidelity 500 Index Fund | 1.16% | 1.11% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% |
Drawdowns
RNPGX vs. FXAIX - Drawdown Comparison
The maximum RNPGX drawdown since its inception was -34.25%, roughly equal to the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for RNPGX and FXAIX.
Loading graphics...
Drawdown Indicators
| RNPGX | FXAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.25% | -33.79% | -0.46% |
Max Drawdown (1Y)Largest decline over 1 year | -11.75% | -12.13% | +0.38% |
Max Drawdown (5Y)Largest decline over 5 years | -34.25% | -24.50% | -9.75% |
Max Drawdown (10Y)Largest decline over 10 years | -34.25% | -33.79% | -0.46% |
Current DrawdownCurrent decline from peak | -8.68% | -6.23% | -2.45% |
Average DrawdownAverage peak-to-trough decline | -5.59% | -3.83% | -1.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.88% | 2.53% | +0.35% |
Volatility
RNPGX vs. FXAIX - Volatility Comparison
American Funds New Perspective Fund Class R-6 (RNPGX) has a higher volatility of 6.24% compared to Fidelity 500 Index Fund (FXAIX) at 5.34%. This indicates that RNPGX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| RNPGX | FXAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.24% | 5.34% | +0.90% |
Volatility (6M)Calculated over the trailing 6-month period | 10.33% | 9.53% | +0.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.03% | 18.32% | -1.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.15% | 16.92% | +0.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.77% | 18.05% | -0.28% |