RNPGX vs. VOO
Compare and contrast key facts about American Funds New Perspective Fund Class R-6 (RNPGX) and Vanguard S&P 500 ETF (VOO).
RNPGX is managed by American Funds. It was launched on Aug 1, 2008. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RNPGX or VOO.
Correlation
The correlation between RNPGX and VOO is 0.91, 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. VOO - Performance Comparison
Key characteristics
RNPGX:
0.96
VOO:
2.22
RNPGX:
1.30
VOO:
2.95
RNPGX:
1.19
VOO:
1.42
RNPGX:
1.18
VOO:
3.27
RNPGX:
6.14
VOO:
14.57
RNPGX:
2.20%
VOO:
1.90%
RNPGX:
14.03%
VOO:
12.47%
RNPGX:
-34.25%
VOO:
-33.99%
RNPGX:
-7.75%
VOO:
-1.77%
Returns By Period
In the year-to-date period, RNPGX achieves a 12.73% return, which is significantly lower than VOO's 26.92% return. Over the past 10 years, RNPGX has underperformed VOO with an annualized return of 11.83%, while VOO has yielded a comparatively higher 13.12% annualized return.
RNPGX
12.73%
-4.24%
0.80%
13.42%
10.67%
11.83%
VOO
26.92%
0.27%
10.43%
27.36%
14.95%
13.12%
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. VOO - Expense Ratio Comparison
RNPGX has a 0.42% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
RNPGX vs. VOO - 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 Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
RNPGX has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.23%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RNPGX 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% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
RNPGX vs. VOO - Drawdown Comparison
The maximum RNPGX drawdown since its inception was -34.25%, roughly equal to the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for RNPGX and VOO. For additional features, visit the drawdowns tool.
Volatility
RNPGX vs. VOO - Volatility Comparison
American Funds New Perspective Fund Class R-6 (RNPGX) has a higher volatility of 7.17% compared to Vanguard S&P 500 ETF (VOO) at 3.78%. This indicates that RNPGX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.