RWMGX Alternatives & Similar Mutual Funds

American Funds Washington Mutual Investors Fund Class R-6 (RWMGX) belongs to the Large Cap Blend Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with RWMGX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to RWMGX

RWMGX charges 0.27% annually. There are 80 mutual funds in the Large Cap Blend Equities category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
VSTSX	Vanguard Total Stock Market Index Fund Institution...	0.01%	—	Jun 2016	RWMGX vs VSTSX
VFFSX	Vanguard 500 Index Fund Institutional Select Share...	0.01%	—	—	RWMGX vs VFFSX
FSKAX	Fidelity Total Market Index Fund	0.02%	—	—	RWMGX vs FSKAX
FLCPX	Fidelity SAI U.S. Large Cap Index Fund	0.02%	—	Feb 2016	RWMGX vs FLCPX
SWPPX	Schwab S&P 500 Index Fund	0.02%	145.69B	May 1997	RWMGX vs SWPPX

Best Risk-Adjusted Alternatives to RWMGX

RWMGX has a PortfoliosLab risk / return rank of 39. There are 275 mutual funds in the Large Cap Blend Equities category with higher risk-adjusted ranks, going as high as 95.

Symbol	Name	Risk / Return Rank	AUM	Inception
SVPFX	Goldman Sachs Strategic Volatility Premium Fund	95	—	Mar 2021	RWMGX vs SVPFX
VPCCX	Vanguard PRIMECAP Core Fund	92	17.20B	Dec 2004	RWMGX vs VPCCX
POGSX	Pin Oak Equity	91	—	Aug 1992	RWMGX vs POGSX
GTLOX	Glenmede Quantitative U.S. Large Cap Core Equity P...	91	—	Feb 2004	RWMGX vs GTLOX
VPMAX	Vanguard PRIMECAP Fund Admiral Shares	91	92.00B	Nov 2001	RWMGX vs VPMAX

Top Performing RWMGX Alternatives (YTD)

RWMGX is at 7.55% YTD. There are 316 mutual funds in the Large Cap Blend Equities category with higher YTD returns, going as high as 27.33%.

Symbol	Name	YTD Return	AUM	Inception
VPCCX	Vanguard PRIMECAP Core Fund	27.33%	17.20B	Dec 2004	RWMGX vs VPCCX
POGRX	PRIMECAP Odyssey Growth Fund	26.31%	—	Nov 2004	RWMGX vs POGRX
IGIAX	Integrity ESG Growth & Income Fund	26.29%	—	Jan 1995	RWMGX vs IGIAX
RESGX	Glenmede Responsible ESG U.S. Equity Portfolio	24.29%	—	Dec 2015	RWMGX vs RESGX
VPMAX	Vanguard PRIMECAP Fund Admiral Shares	23.80%	92.00B	Nov 2001	RWMGX vs VPMAX

Lowest Volatility Alternatives to RWMGX

RWMGX has 10.43% 1-year volatility. There are 36 mutual funds in the Large Cap Blend Equities category with lower 1-year volatility, going as low as 2.23%.

Symbol	Name	Volatility 1Y	AUM	Inception
SVPFX	Goldman Sachs Strategic Volatility Premium Fund	2.23%	—	Mar 2021	RWMGX vs SVPFX
ORDNX	North Square Preferred and Income Securities Fund	2.27%	—	Jun 2013	RWMGX vs ORDNX
QUERX	AQR Large Cap Defensive Style Fund Class R6	8.24%	—	Jul 2012	RWMGX vs QUERX
AUEIX	AQR Large Cap Defensive Style Fund	8.26%	—	Jul 2012	RWMGX vs AUEIX
JEPIX	JPMorgan Equity Premium Income Fund Class I	8.71%	—	Aug 2018	RWMGX vs JEPIX

Lowest Drawdown Alternatives to RWMGX

RWMGX has a 1-year max drawdown of -8.35%. There are 63 mutual funds in the Large Cap Blend Equities category with shallower 1-year drawdowns, going as shallow as -0.91%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
SVPFX	Goldman Sachs Strategic Volatility Premium Fund	-0.91%	—	Mar 2021	RWMGX vs SVPFX
ORDNX	North Square Preferred and Income Securities Fund	-2.66%	—	Jun 2013	RWMGX vs ORDNX
RCKSX	Rock Oak Core Growth Fund	-4.14%	—	Dec 2004	RWMGX vs RCKSX
AUEIX	AQR Large Cap Defensive Style Fund	-5.91%	—	Jul 2012	RWMGX vs AUEIX
QUERX	AQR Large Cap Defensive Style Fund Class R6	-5.93%	—	Jul 2012	RWMGX vs QUERX

Other Mutual Funds from American Funds

The 10 most viewed American Funds mutual funds shown here include ABALX, AIVSX, AWSHX and span 7 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ABALX	American Funds American Balanced Fund Class A	Diversified Portfolio	78	8.72%	—	Jul 1975	RWMGX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	37	9.46%	—	Jan 1934	RWMGX vs AIVSX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	38	7.38%	—	Jul 1952	RWMGX vs AWSHX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	22	8.07%	—	Dec 1973	RWMGX vs RGAGX
RERGX	American Funds EUPAC Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities, Actively Managed	38	9.74%	—	May 2009	RWMGX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities, Actively Managed	59	13.28%	—	Aug 1978	RWMGX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Global Equities, Large Cap Growth Equities, Actively Managed	23	5.92%	—	Mar 1973	RWMGX vs ANWPX
GFFFX	American Funds The Growth Fund of America Class F-...	Large Cap Growth Equities	22	8.00%	—	Dec 1973	RWMGX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend	58	6.57%	—	Dec 1973	RWMGX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	19	5.91%	—	Jan 1967	RWMGX vs AMCPX

Often Compared With RWMGX

Investors most often compare RWMGX with FXAIX, VIIIX, VINIX. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FXAIX	Fidelity 500 Index Fund	S&P 500	66	10.88%	—	Feb 1988	RWMGX vs FXAIX
VIIIX	Vanguard Institutional Index Fund Institutional Pl...	S&P 500, Large Cap Blend Equities	66	10.88%	355.20B	Jul 1997	RWMGX vs VIIIX
VINIX	Vanguard Institutional Index Fund Institutional Sh...	S&P 500, Large Cap Blend Equities	66	10.87%	355.20B	Jul 1990	RWMGX vs VINIX
SSEYX	State Street Equity 500 Index II Portfolio	Large Cap Blend Equities	64	10.88%	—	Aug 2014	RWMGX vs SSEYX
VITSX	Vanguard Total Stock Market Index Fund Institution...	Large Cap Blend Equities	65	11.35%	2.30T	Jul 1997	RWMGX vs VITSX
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	89	19.84%	98.55B	Oct 2011	RWMGX vs SCHD
TDVG	T. Rowe Price Dividend Growth ETF	Large Cap Growth Equities, Dividend	72	10.38%	1.39B	Aug 2020	RWMGX vs TDVG
VFIAX	Vanguard 500 Index Fund Admiral Shares	S&P 500, Large Cap Blend Equities	66	10.86%	1.70T	Nov 2000	RWMGX vs VFIAX
VIGIX	Vanguard Growth Index Fund Institutional Shares	Large Cap Growth Equities	23	7.16%	393.80B	May 1998	RWMGX vs VIGIX
RMFGX	American Mutual Fund Class R-6	Large Cap Value Equities	48	9.05%	—	Feb 1950	RWMGX vs RMFGX
FMACX	American Funds AMCAP Fund® Class F-3	Large Cap Growth Equities	19	6.07%	—	Aug 2008	RWMGX vs FMACX
PGINX	Impax Global Environmental Markets Fund Institutio...	Global Equities, Sustainable, Alternative Energy Equities	30	16.56%	—	Mar 2008	RWMGX vs PGINX
GGEYX	GuideStone Funds Growth Equity Fund	Large Cap Growth Equities	9	2.50%	—	Aug 2001	RWMGX vs GGEYX
JDVI	John Hancock Disciplined Value International Selec...	Foreign Large Cap Equities	54	10.11%	715.30M	Dec 2023	RWMGX vs JDVI
LOMAX	Edgar Lomax Value Fund	Large Cap Value Equities	89	13.29%	—	Dec 1997	RWMGX vs LOMAX
JLPSX	JPMorgan U.S. Large Cap Core Plus Fund	Large Cap Blend Equities	31	7.78%	—	Nov 2005	RWMGX vs JLPSX
DODGX	Dodge & Cox Stock Fund Class I	Large Cap Value Equities	29	6.94%	—	Jan 1965	RWMGX vs DODGX
VEIRX	Vanguard Equity Income Fund Admiral Shares	Large Cap Value Equities	73	10.22%	66.40B	Aug 2001	RWMGX vs VEIRX
RNWGX	American Funds New World Fund® Class R-6	Emerging Markets Diversified	49	13.49%	—	Aug 2008	RWMGX vs RNWGX
VT	Vanguard Total World Stock ETF	Global Equities	68	12.17%	95.30B	Jun 2008	RWMGX vs VT

Compare RWMGX with Any Fund or Stock

Compare RWMGX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair RWMGX with funds that move differently

American Funds Washington Mutual Investors Fund Class R-6 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RWMGX.

Explore RWMGX Diversifiers

American Funds Washington Mutual Investors Fund Class R-6 (RWMGX) Alternatives