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American Funds Developing World Growth and Income ...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US02630F1003

CUSIP

02630F100

Inception Date

Feb 2, 2014

Min. Investment

$250

Asset Class

Multi-Asset

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

DWGAX has a high expense ratio of 1.23%, indicating above-average management fees.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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S&P 500

Returns By Period

American Funds Developing World Growth and Income Fund (DWGAX) returned 11.75% year-to-date (YTD) and 12.00% over the past 12 months. Over the past 10 years, DWGAX returned 2.74% annually, underperforming the S&P 500 benchmark at 10.84%.


DWGAX

YTD

11.75%

1M

5.64%

6M

10.00%

1Y

12.00%

3Y*

8.26%

5Y*

5.96%

10Y*

2.74%

^GSPC (Benchmark)

YTD

0.52%

1M

6.32%

6M

-1.44%

1Y

12.25%

3Y*

12.45%

5Y*

14.20%

10Y*

10.84%

*Annualized

Monthly Returns

The table below presents the monthly returns of DWGAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20252.55%0.37%1.76%1.72%4.88%11.75%
2024-3.88%4.64%2.26%-1.70%1.15%0.23%0.28%2.37%6.01%-4.12%-1.92%-1.30%3.57%
20239.23%-5.83%0.88%2.35%-2.50%5.12%4.12%-5.75%-3.59%-3.23%7.64%3.72%11.28%
2022-5.14%-7.36%-3.11%-8.30%0.41%-4.63%1.51%-1.27%-9.14%1.19%12.66%-1.41%-23.47%
20210.96%3.01%-0.70%1.39%3.13%0.63%-4.50%2.24%-2.46%-0.15%-2.95%0.23%0.50%
2020-4.23%-4.69%-18.86%9.39%1.85%7.01%6.70%2.91%-2.21%-0.75%11.68%5.86%11.26%
20198.32%0.39%0.68%2.53%-5.51%6.70%-0.67%-3.74%1.05%4.66%1.04%6.81%23.50%
20185.33%-4.05%-0.09%-3.08%-3.45%-3.76%2.77%-4.04%-0.02%-6.05%4.08%-2.93%-14.90%
20174.44%2.55%2.58%2.33%1.88%1.06%3.01%1.04%-0.42%1.79%1.02%3.52%27.69%
2016-6.18%1.77%10.71%1.13%-1.89%3.98%3.31%-0.43%1.17%-0.64%-3.75%0.62%9.21%
2015-0.48%2.90%-3.08%5.24%-2.77%-3.35%-3.46%-8.59%-3.93%4.81%-2.69%-2.84%-17.53%
20143.05%1.85%1.45%2.61%0.17%2.01%-6.28%0.37%-0.55%-4.15%0.10%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of DWGAX is 52, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of DWGAX is 5252
Overall Rank
The Sharpe Ratio Rank of DWGAX is 6363
Sharpe Ratio Rank
The Sortino Ratio Rank of DWGAX is 5555
Sortino Ratio Rank
The Omega Ratio Rank of DWGAX is 5353
Omega Ratio Rank
The Calmar Ratio Rank of DWGAX is 4040
Calmar Ratio Rank
The Martin Ratio Rank of DWGAX is 4848
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for American Funds Developing World Growth and Income Fund (DWGAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

American Funds Developing World Growth and Income Fund Sharpe ratios as of May 30, 2025 (values are recalculated daily):

  • 1-Year: 0.79
  • 5-Year: 0.37
  • 10-Year: 0.17
  • All Time: 0.16

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of American Funds Developing World Growth and Income Fund compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History

American Funds Developing World Growth and Income Fund provided a 0.98% dividend yield over the last twelve months, with an annual payout of $0.12 per share.


1.00%1.50%2.00%$0.00$0.05$0.10$0.15$0.2020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.12$0.12$0.17$0.10$0.13$0.10$0.21$0.21$0.23$0.18$0.17$0.13

Dividend yield

0.98%1.13%1.63%1.09%1.01%0.82%1.81%2.28%2.02%2.01%2.05%1.24%

Monthly Dividends

The table displays the monthly dividend distributions for American Funds Developing World Growth and Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.00$0.00$0.00$0.00
2024$0.00$0.00$0.01$0.00$0.00$0.07$0.00$0.00$0.02$0.00$0.00$0.03$0.12
2023$0.00$0.00$0.01$0.00$0.00$0.07$0.00$0.00$0.04$0.00$0.00$0.05$0.17
2022$0.00$0.00$0.01$0.00$0.00$0.03$0.00$0.00$0.02$0.00$0.00$0.04$0.10
2021$0.00$0.00$0.01$0.00$0.00$0.04$0.00$0.00$0.04$0.00$0.00$0.05$0.13
2020$0.00$0.00$0.00$0.00$0.00$0.03$0.00$0.00$0.04$0.00$0.00$0.03$0.10
2019$0.00$0.00$0.01$0.00$0.00$0.12$0.00$0.00$0.05$0.00$0.00$0.04$0.21
2018$0.00$0.00$0.02$0.00$0.00$0.11$0.00$0.00$0.05$0.00$0.00$0.04$0.21
2017$0.00$0.00$0.02$0.00$0.00$0.10$0.00$0.00$0.06$0.00$0.00$0.05$0.23
2016$0.00$0.00$0.02$0.00$0.00$0.09$0.00$0.00$0.04$0.00$0.00$0.04$0.18
2015$0.00$0.00$0.01$0.00$0.00$0.07$0.00$0.00$0.07$0.00$0.00$0.02$0.17
2014$0.06$0.00$0.00$0.06$0.00$0.00$0.01$0.13

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the American Funds Developing World Growth and Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the American Funds Developing World Growth and Income Fund was 38.71%, occurring on Oct 24, 2022. The portfolio has not yet recovered.

The current American Funds Developing World Growth and Income Fund drawdown is 10.00%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-38.71%Feb 17, 2021426Oct 24, 2022
-36.51%Sep 8, 2014346Jan 21, 2016465Nov 22, 2017811
-34.78%Jan 21, 202044Mar 23, 2020166Nov 16, 2020210
-23%Jan 29, 2018191Oct 29, 2018302Jan 13, 2020493
-5.74%Jan 21, 20217Jan 29, 20216Feb 8, 202113
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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