RNPGX vs. QQQJ

Last updated Apr 2, 2026

Compare and contrast key facts about American Funds New Perspective Fund Class R-6 (RNPGX) and Invesco NASDAQ Next Gen 100 ETF (QQQJ).

RNPGX is managed by American Funds. It was launched on Aug 1, 2008. QQQJ is a passively managed fund by Invesco that tracks the performance of the NASDAQ Next Generation 100 Index. It was launched on Oct 13, 2020.

Performance

RNPGX vs. QQQJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds New Perspective Fund Class R-6 (RNPGX) and Invesco NASDAQ Next Gen 100 ETF (QQQJ). The values are adjusted to include any dividend payments, if applicable.

RNPGX vs. QQQJ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
RNPGX American Funds New Perspective Fund Class R-6	-5.22%	21.71%	17.13%	25.06%	-25.70%	18.00%	11.82%
QQQJ Invesco NASDAQ Next Gen 100 ETF	-0.15%	20.44%	15.36%	13.68%	-28.25%	9.76%	15.25%

Returns By Period

In the year-to-date period, RNPGX achieves a -5.22% return, which is significantly lower than QQQJ's -0.15% 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%

QQQJ

• 1D: 1.46%
• 1M: -3.62%
• YTD: -0.15%
• 6M: 2.36%
• 1Y: 27.61%
• 3Y*: 13.86%
• 5Y*: 3.43%
• 10Y*: —

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

RNPGX vs. QQQJ - Expense Ratio Comparison

RNPGX has a 0.42% expense ratio, which is higher than QQQJ's 0.15% expense ratio.

RNPGX

American Funds New Perspective Fund Class R-6

QQQJ

Invesco NASDAQ Next Gen 100 ETF

Return for Risk

RNPGX vs. QQQJ — Risk / Return Rank

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

RNPGX

RNPGX Risk / Return Rank: 56
RNPGX Sharpe Ratio Rank: 53
RNPGX Sortino Ratio Rank: 58
RNPGX Omega Ratio Rank: 51
RNPGX Calmar Ratio Rank: 60
RNPGX Martin Ratio Rank: 60

QQQJ

QQQJ Risk / Return Rank: 71
QQQJ Sharpe Ratio Rank: 68
QQQJ Sortino Ratio Rank: 69
QQQJ Omega Ratio Rank: 66
QQQJ Calmar Ratio Rank: 75
QQQJ Martin Ratio Rank: 76

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.

RNPGX vs. QQQJ - 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 Invesco NASDAQ Next Gen 100 ETF (QQQJ). 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	QQQJ	Difference
Sharpe ratio Return per unit of total volatility	1.04	1.24	-0.20
Sortino ratio Return per unit of downside risk	1.58	1.80	-0.23
Omega ratio Gain probability vs. loss probability	1.22	1.25	-0.03
Calmar ratio Return relative to maximum drawdown	1.45	2.06	-0.60
Martin ratio Return relative to average drawdown	5.93	8.43	-2.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RNPGX vs. QQQJ - Sharpe Ratio Comparison

The current RNPGX Sharpe Ratio is 1.04, which is comparable to the QQQJ Sharpe Ratio of 1.24. The chart below compares the historical Sharpe Ratios of RNPGX and QQQJ, 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

	RNPGX	QQQJ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.04	1.24	-0.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.43	0.16	+0.28
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.72	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	0.31	+0.34

Correlation

The correlation between RNPGX and QQQJ 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.

Dividends

RNPGX vs. QQQJ - Dividend Comparison

RNPGX's dividend yield for the trailing twelve months is around 7.25%, more than QQQJ's 0.88% 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%
QQQJ Invesco NASDAQ Next Gen 100 ETF	0.88%	0.85%	0.77%	0.67%	0.76%	0.91%	0.09%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

RNPGX vs. QQQJ - Drawdown Comparison

The maximum RNPGX drawdown since its inception was -34.25%, smaller than the maximum QQQJ drawdown of -39.57%. Use the drawdown chart below to compare losses from any high point for RNPGX and QQQJ.

Drawdown Indicators

	RNPGX	QQQJ	Difference
Max Drawdown Largest peak-to-trough decline	-34.25%	-39.57%	+5.32%
Max Drawdown (1Y) Largest decline over 1 year	-11.75%	-13.54%	+1.79%
Max Drawdown (5Y) Largest decline over 5 years	-34.25%	-39.57%	+5.32%
Max Drawdown (10Y) Largest decline over 10 years	-34.25%	—	—
Current Drawdown Current decline from peak	-8.68%	-6.66%	-2.02%
Average Drawdown Average peak-to-trough decline	-5.59%	-16.19%	+10.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.88%	3.30%	-0.42%

Volatility

RNPGX vs. QQQJ - Volatility Comparison

The current volatility for American Funds New Perspective Fund Class R-6 (RNPGX) is 6.24%, while Invesco NASDAQ Next Gen 100 ETF (QQQJ) has a volatility of 8.53%. This indicates that RNPGX experiences smaller price fluctuations and is considered to be less risky than QQQJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RNPGX	QQQJ	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.24%	8.53%	-2.29%
Volatility (6M) Calculated over the trailing 6-month period	10.33%	14.59%	-4.26%
Volatility (1Y) Calculated over the trailing 1-year period	17.03%	22.41%	-5.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.15%	21.98%	-4.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.77%	22.11%	-4.34%