Asset Comparison and Correlation

Assuming 30 trading days horizon, American Funds New Perspective A is expected to generate 1.16 times more return on investment than Fidelity. However, American is 1.16 times more volatile than Fidelity Emerging Markets. It trades about 0.58 of its potential returns per unit of risk. Fidelity Emerging Markets is currently generating about 0.43 per unit of risk. If you would invest  3,349  in American Funds New Perspective A on April 22, 2013 and sell it today you would earn a total of  207.00  from holding American Funds New Perspective A or generate 6.18% return on investment over 30 days.