RNPGX vs. SSGLX
Compare and contrast key facts about American Funds New Perspective Fund Class R-6 (RNPGX) and State Street Global All Cap Equity ex-U.S. Index Fund Class K (SSGLX).
RNPGX is managed by American Funds. It was launched on Aug 1, 2008. SSGLX is a passively managed fund by State Street that tracks the performance of the MSCI ACWI ex USA Investable Market Index. It was launched on Sep 17, 2014.
Performance
RNPGX vs. SSGLX - Performance Comparison
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RNPGX vs. SSGLX - 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% |
SSGLX State Street Global All Cap Equity ex-U.S. Index Fund Class K | 1.29% | 32.64% | 4.98% | 15.67% | -16.44% | 8.36% | 11.11% | 21.52% | -14.05% | 27.12% |
Returns By Period
In the year-to-date period, RNPGX achieves a -5.22% return, which is significantly lower than SSGLX's 1.29% return. Over the past 10 years, RNPGX has outperformed SSGLX with an annualized return of 12.74%, while SSGLX has yielded a comparatively lower 8.79% 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%
SSGLX
- 1D
- 1.94%
- 1M
- -7.37%
- YTD
- 1.29%
- 6M
- 5.27%
- 1Y
- 26.80%
- 3Y*
- 15.14%
- 5Y*
- 7.06%
- 10Y*
- 8.79%
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RNPGX vs. SSGLX - Expense Ratio Comparison
RNPGX has a 0.42% expense ratio, which is higher than SSGLX's 0.07% expense ratio.
Return for Risk
RNPGX vs. SSGLX — Risk / Return Rank
RNPGX
SSGLX
RNPGX vs. SSGLX - 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 State Street Global All Cap Equity ex-U.S. Index Fund Class K (SSGLX). 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 | SSGLX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.04 | 1.76 | -0.73 |
Sortino ratioReturn per unit of downside risk | 1.58 | 2.37 | -0.80 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.36 | -0.15 |
Calmar ratioReturn relative to maximum drawdown | 1.45 | 2.35 | -0.90 |
Martin ratioReturn relative to average drawdown | 5.93 | 9.17 | -3.25 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RNPGX | SSGLX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.04 | 1.76 | -0.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | 0.49 | -0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.72 | 0.55 | +0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.65 | 0.38 | +0.27 |
Correlation
The correlation between RNPGX and SSGLX is 0.81, 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. SSGLX - Dividend Comparison
RNPGX's dividend yield for the trailing twelve months is around 7.25%, more than SSGLX's 4.36% 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% |
SSGLX State Street Global All Cap Equity ex-U.S. Index Fund Class K | 4.36% | 4.41% | 4.46% | 2.98% | 2.85% | 4.20% | 1.72% | 4.80% | 8.32% | 3.98% | 1.52% | 2.09% |
Drawdowns
RNPGX vs. SSGLX - Drawdown Comparison
The maximum RNPGX drawdown since its inception was -34.25%, roughly equal to the maximum SSGLX drawdown of -35.88%. Use the drawdown chart below to compare losses from any high point for RNPGX and SSGLX.
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Drawdown Indicators
| RNPGX | SSGLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.25% | -35.88% | +1.63% |
Max Drawdown (1Y)Largest decline over 1 year | -11.75% | -11.22% | -0.53% |
Max Drawdown (5Y)Largest decline over 5 years | -34.25% | -30.08% | -4.17% |
Max Drawdown (10Y)Largest decline over 10 years | -34.25% | -35.88% | +1.63% |
Current DrawdownCurrent decline from peak | -8.68% | -9.15% | +0.47% |
Average DrawdownAverage peak-to-trough decline | -5.59% | -8.32% | +2.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.88% | 2.87% | +0.01% |
Volatility
RNPGX vs. SSGLX - Volatility Comparison
The current volatility for American Funds New Perspective Fund Class R-6 (RNPGX) is 6.24%, while State Street Global All Cap Equity ex-U.S. Index Fund Class K (SSGLX) has a volatility of 6.71%. This indicates that RNPGX experiences smaller price fluctuations and is considered to be less risky than SSGLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RNPGX | SSGLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.24% | 6.71% | -0.47% |
Volatility (6M)Calculated over the trailing 6-month period | 10.33% | 10.18% | +0.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.03% | 15.57% | +1.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.15% | 14.51% | +2.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.77% | 16.15% | +1.62% |