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:
0.06
VOO:
0.32
RNPGX:
0.21
VOO:
0.57
RNPGX:
1.03
VOO:
1.08
RNPGX:
0.05
VOO:
0.32
RNPGX:
0.22
VOO:
1.42
RNPGX:
4.99%
VOO:
4.19%
RNPGX:
18.55%
VOO:
18.73%
RNPGX:
-38.44%
VOO:
-33.99%
RNPGX:
-16.89%
VOO:
-13.85%
Returns By Period
In the year-to-date period, RNPGX achieves a -5.63% return, which is significantly higher than VOO's -9.88% return. Over the past 10 years, RNPGX has underperformed VOO with an annualized return of 5.27%, while VOO has yielded a comparatively higher 11.66% annualized return.
RNPGX
-5.63%
-6.67%
-11.00%
1.72%
7.57%
5.27%
VOO
-9.88%
-6.86%
-9.35%
6.85%
14.69%
11.66%
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 Rank
RNPGX
VOO
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's dividend yield for the trailing twelve months is around 0.97%, less than VOO's 1.44% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RNPGX American Funds New Perspective Fund Class R-6 | 0.97% | 0.92% | 1.25% | 1.21% | 0.65% | 0.40% | 1.81% | 1.55% | 0.75% | 1.16% | 1.05% | 8.26% |
VOO Vanguard S&P 500 ETF | 1.44% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
RNPGX vs. VOO - Drawdown Comparison
The maximum RNPGX drawdown since its inception was -38.44%, which is greater than VOO's maximum 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
The current volatility for American Funds New Perspective Fund Class R-6 (RNPGX) is 11.85%, while Vanguard S&P 500 ETF (VOO) has a volatility of 13.31%. This indicates that RNPGX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.