RNPGX vs. TRBCX
Compare and contrast key facts about American Funds New Perspective Fund Class R-6 (RNPGX) and T. Rowe Price Blue Chip Growth Fund (TRBCX).
RNPGX is managed by American Funds. It was launched on Aug 1, 2008. TRBCX is managed by T. Rowe Price. It was launched on Jun 30, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RNPGX or TRBCX.
Key characteristics
| RNPGX | TRBCX | |
|---|---|---|
| YTD Return | 19.22% | 35.92% |
| 1Y Return | 32.05% | 47.46% |
| 3Y Return (Ann) | 2.96% | 6.45% |
| 5Y Return (Ann) | 13.08% | 15.98% |
| 10Y Return (Ann) | 11.89% | 14.93% |
| Sharpe Ratio | 2.47 | 2.55 |
| Sortino Ratio | 3.38 | 3.31 |
| Omega Ratio | 1.45 | 1.47 |
| Calmar Ratio | 1.70 | 2.35 |
| Martin Ratio | 16.01 | 14.04 |
| Ulcer Index | 1.94% | 3.30% |
| Daily Std Dev | 12.58% | 18.17% |
| Max Drawdown | -34.25% | -54.56% |
| Current Drawdown | -0.12% | 0.00% |
Correlation
The correlation between RNPGX and TRBCX is 0.89, 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. TRBCX - Performance Comparison
In the year-to-date period, RNPGX achieves a 19.22% return, which is significantly lower than TRBCX's 35.92% return. Over the past 10 years, RNPGX has underperformed TRBCX with an annualized return of 11.89%, while TRBCX has yielded a comparatively higher 14.93% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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RNPGX vs. TRBCX - Expense Ratio Comparison
RNPGX has a 0.42% expense ratio, which is lower than TRBCX's 0.69% expense ratio.
Risk-Adjusted Performance
RNPGX vs. TRBCX - 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 T. Rowe Price Blue Chip Growth Fund (TRBCX). 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. TRBCX - Dividend Comparison
RNPGX's dividend yield for the trailing twelve months is around 1.05%, less than TRBCX's 2.57% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RNPGX American Funds New Perspective Fund Class R-6 | 1.05% | 1.25% | 1.21% | 0.65% | 0.40% | 1.81% | 1.55% | 0.75% | 1.16% | 1.05% | 8.26% | 6.90% |
TRBCX T. Rowe Price Blue Chip Growth Fund | 2.57% | 3.49% | 5.87% | 9.38% | 1.19% | 0.36% | 2.44% | 2.94% | 0.67% | 3.26% | 4.85% | 0.00% |
Drawdowns
RNPGX vs. TRBCX - Drawdown Comparison
The maximum RNPGX drawdown since its inception was -34.25%, smaller than the maximum TRBCX drawdown of -54.56%. Use the drawdown chart below to compare losses from any high point for RNPGX and TRBCX. For additional features, visit the drawdowns tool.
Volatility
RNPGX vs. TRBCX - Volatility Comparison
The current volatility for American Funds New Perspective Fund Class R-6 (RNPGX) is 3.36%, while T. Rowe Price Blue Chip Growth Fund (TRBCX) has a volatility of 4.93%. This indicates that RNPGX experiences smaller price fluctuations and is considered to be less risky than TRBCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.